The Federal Executive Council approved the Power Sector Reform Program (PSRP) on 22 March 2017. The Federal Government of Nigeria (FGN) seeks to increase electricity access in remote, low density and traditionally underserved areas of the country through the Rural Electrification Agency (REA). The Nigeria Electrification Project (NEP) directly promotes these objectives, and will provide electricity access to serve households, enterprises, community facilities, and small businesses. While the project is technology neutral, it is expected that most of the power under the project will be generated by solar technology.
The project is nationwide in scope. The project aims to provide electricity to households, firms and public institutions in a least-cost and timely manner. Most of the project’s funds will be used to stimulate private construction and operation of off-grid electricity supply systems by providing financial incentives and technical support. Some of the project funds will be used to acquire, by competitive tender, supply systems for selected Federal universities. The project will also co-finance Technical Assistance.Learn More
Component 1- Solar Hybrid Mini Grids for Rural Economic Development will provide subsidies and/or performance-based grants to private mini grid developers to build solar hybrid mini grids in unserved and underserved rural areas.
Component 2- Standalone Solar Systems for Homes, Enterprises and Farms will provide market-based incentives to standalone private sector solar system providers to install solar home systems (SHS) for underserved households and SMEs in dedicated areas.
Component 3- Power Systems for Public Universities and Teaching Hospitals will support the construction and operations of solar mini-gird for beneficiary universities and teaching hospitals. This component will be implemented by REA in collaboration with universities. A contractor(s) will be engaged directly by REA to construct the power systems under this component, which will then be operated by the universities.
Component 4- Implementation Support and Technical Assistance