The Federal Government of Nigeria has given the Rural Electrification Agency (REA) permission to procure hybrid solar systems through Public-Private Partnerships (PPP). The systems will provide affordable and economically rewarding electricity to rural areas.
According to the Director-General of the Infrastructure Concession Regulatory Commission (ICRC), the commission has issued compliance certificates for the Outline Business Case and Full Business Case for the project. These certificates mean that the REA's proposal for the project has been assessed as economically viable and of huge benefit to the country.
The REA will now commence implementation of a pilot long-term PPP. On successful completion of the pilot, massive rollout will occur nationwide.
Country updates
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August 20, 2018
Nigerian Government approves Truck Transit Park PPP
The Infrastructure Concession Regulatory Commission (ICRC) of Nigeria has issued a compliance certificate to the Nigerian Shippers Council (NSC) for the Outline Business Case (OBC) of the&nb...
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August 20, 2018
Investigation reveals corrupt award process for cancelled airport PPP in Nigeria
An investigation by Premium Times Nigeria, an online newspaper, into the failure of the Osun MKO Abiola Airport concession has found that the award of the contract did not follow state procuremen...
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August 16, 2018
340 MW increase in power production capacity noted in Kainji and Jebba hydroelectric power plants
340 MW increase in power production capacity noted in Kainji and Jebba hydroelectric power plants. Total cumulative production capacity is plant is noted as 922 MW, which is 60% more than 582 MW production in November 2013
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August 01, 2018
Nigerian government in negotiations with potential concessionaires for hydropower project
The Director of the Water Supply and Public Private Partnership (PPP) unit of Nigeria's Federal Ministry of Water Resources has stated that the Ministry is in negotiations with a pr...
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July 18, 2018
The Federal Government, through the Minister of State for Aviation, has revealed the branding and livery for the airline at the Farnborough Air Show in the UK
The Federal Government, through the Minister of State for Aviation, has revealed the branding and livery for the airline at the Farnborough Air Show in the UK. The search for private investors will be launched soon, with the airline to be launched at the end of this year
