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.
NCDMB Drives “Nigeria First” Agenda, Revamps ₦50bn Community Contractors Fund to Deepen Local Content Participation
The Nigerian Content Development and Monitoring Board (NCDMB) has thrown its full weight behind the “Nigeria First” policy of President Bola Ahmed Tinubu’s administration, pledging robust implementation of the initiative aimed at reducing import dependence and driving local industrial growth…
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…