EXECUTIVE SUMMARY
Nigeria Electricity Project
Federal Government Economic Recovery and Growth Plan
Given the critical role of electricity in the development of Nigeria, the Federal Government Economic Recovery and Growth Plan 2017 – 2020 (“ERGP”) has prioritized enhancing the existing on-grid installed capacity by encouraging small-scale renewable energy projects and building more power generation capacity to increase electricity access throughout the country. The Nigeria Electrification Project (NEP) is one of such projects.
Nigeria Electrification Project
Nigeria Electrification Project (NEP) is a Federal Government initiative that is private sector driven and seeks to provide electricity access to households, micro, small and medium enterprises in off-grid communities across the country through renewable power sources. NEP is being implemented by the Rural Electrification Agency (REA) in collaboration with the World Bank and aims to be the largest off-grid electrification project across 250 communities in 4 states (Niger, Ogun, Sokoto and Cross River).
Nigeria Electrification Project Objectives
The objectives of the Nigeria Electrification Project are to:
- Increase electricity access to households and micro small and medium enterprises (MSMEs).
- Provide clean, safe, reliable and affordable electricity through renewable power sources to unserved and underserved rural communities.
- Develop a data driven off-grid model for Nigeria that will become an exemplar for Sub-Saharan Africa.
- Provide reliable power supply for 250,000 (MSMEs) and 1 million households.