The Rural Electrification Agency (REA) has disbursed about N9 billion to support the deployment of solar mini-grid projects across Taraba State, Kogi State, Kwara State, and Niger State.
The agency made this known through a statement released on Sunday.
The REA added that the funding is backed by its Distributed Access through Renewable Energy Scale-up Programme’s performance-based grant framework, supported by a recently signed N100 billion Memorandum of Understanding with Lotus Bank.
The agency explained that the projects span multiple states, with mini-grid deployments planned across Taraba, Kogi, and Kwara, as well as additional sites in Niger State, aimed at improving electricity access in underserved communities.
Commenting on the development, the Managing Director of REA, Abba Aliyu, said the steady flow of funding reflects growing confidence in Nigeria’s renewable energy space.
“What is particularly encouraging here is the consistency; this is not a one-off thing; it is a pattern of capital being deployed, projects moving forward, and confidence in the system continuing to grow,” he said.
He further noted that the funding would ease access to critical resources for developers while accelerating electricity delivery to communities.
“For developers, this means access to the equipment and financing needed to deliver. For communities, it means faster timelines for reliable power. And for the market, it reinforces the point that local financing is stepping up in a significant way,” Aliyu added.
