The Rural Electrification Agency (REA), alongside UK PACT, FCMB, and ARMHIIL, has launched a $188 million Green Finance Investment Facility (GFiF) to finance 191MW of distributed solar capacity across Nigeria. The initiative supports the DARES programme and aims to expand clean energy access, mobilise private investment, and accelerate Nigeria’s renewable energy transition.
Nigeria Hits 300MW Solar Manufacturing, Targets 3.7GW Pipeline — REA MD
Mozambique, Benin, Niger and others begin adopting Nigeria’s REA electrification model Nigeria has expanded its local solar manufacturing capacity to 300 megawatts (MW), up from 120MW just two years ago, with an additional 3.7 gigawatts (GW) in the pipeline, according…
Energy Times Awards: Abba Aliyu Honoured for Transparency, Driving Renewable Energy Impact at REA
In a recognition that underscores a growing shift toward accountability and impact-driven governance in Nigeria’s energy sector, Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has been awarded the Energy Times Award of Excellence for transparency, efficiency, and…
REA Partners FCMB To Launch ₦100 Billion Financing Facility
In a landmark move to bolster electricity access for millions of Nigerians, the Rural Electrification Agency (REA) and First City Monument Bank (FCMB) earlier today, Thursday 19th June, 2025, at the bank’s head-quarters in Marina, Lagos, entered into a strategic…
Nigeria, Japan To Strengthen Bilateral Energy Partnership
Nigeria and Japan have taken significant steps to strengthen their bilateral energy partnership following the visit of the Minister of Power, Mr. Adebayo Adelabu, and a high-level delegation to Japan. Malam Mutari Ibrahim, Director of Promotion and Outreach (PIO) at…