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REF Eligibility Requirements
Applicant(s) should meet the following requirement
Eligible entity
Free from conflicts of interest
Compliance with all existing business, tax, social security and related regulation
Free from bankruptcy or any analogous situation
Free from offence conviction regarding its professional conduct
Not subject to a ‘res judicata’ judgement for any illegality
Financially sound and qualified
Completion of all relevant application process and documentation
Project(s)
Financial commitment towards the proposed project
Selection of the right tier for the proposed project and request for applicable subsidy within a specific tier
It shall target rural areas.
Ability to demonstrate financial sustainability and profitability.
Not requiring a continuous subsidy covering for operational costs and/or end-user consumption
Not requiring a 100% subsidy – partly funded by the applicant
Technically viable
Ability to support and improve to rural economic development and productivity
for further information, email us at ref.info@rea.gov.ng
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