Nigerian govt, stakeholders to raise $188m in financing for 191MW of solar energy

Dailypost | 15-05-2026 08:37am |

The Nigerian government, via the Rural Electrification Agency (REA), has revealed its intention to secure $188 million in funding to support the development of a 191-megawatt solar energy project. This initiative is being undertaken in collaboration with various stakeholders, including First City Monument Bank, Barton Heyman, and UK PACT. The announcement was made in a statement issued by the REA on Wednesday, highlighting the government's commitment to enhancing renewable energy capacity in the country.

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