RicherFin · Sovereign Projects

Nigeria - Nigeria Electrification Project — Nigeria

Nigeria · Kogi State, Cross River State · Energy sector policy, planning and administration

Overview

The Nigeria Electrification Project (NEP) is a nationwide initiative aimed at delivering energy access to un- and underserved communities in the country. The project supports the Federal Government of Nigeria’s (FGN) goal to increase electricity access across the country as defined in the national development agenda. It will provide electricity to households, small-to-medium-sized enterprises, and public institutions in a least-cost and timely manner through off- and mini-grid solutions. The Project will contribute to: (i) more than 500,000 people obtaining access to electricity; (ii) approximately 76.5 MW in increased installed power generation capacity; (iii) eight universities obtaining access to reliable sources of energy; (iv) 20,000 Micro-Small and Medium- sized Enterprises (MSMEs) supported/supplied with productive use appliances and equipment; and (iv) the avoidance of 1.69 million tons of CO2 emissions. It has four main components, namely: 1) Mini-grid systems installed in 250 sites; 2) 24,500 productive use solar PV appliances installed; 3) Mini-grid systems installed in eight federal universities; and 4) Institutional capacity strengthening provided to REA and ecosystem.

Key project information

Official name
Nigeria - Nigeria Electrification Project
Status
Ongoing
Current phase
Ongoing
Country
Nigeria
Location
Kogi State, Cross River State
Sector
Energy sector policy, planning and administration
Project structure
Public investment / AfDB sovereign financing
Estimated project cost
XDR 146.8m
Expected completion
2026-12-31