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‘Nigeria can no longer depend solely on DisCos,’ as FG plans nationwide utility-scale renewable energy
Federal Government has disclosed plans to create Renewable Energy Service Companies (RESCos) across the country to drive access to electricity for more households. Government said the RESCos are expected to compete directly with existing electricity distribution companies (DisCos) over the…
REA, Lotus Bank to launch dedicated renewable energy financing facility
Sopuruchi Onwuka The Rural Electrification Agency (REA) and Lotus Bank have agreed to deepen their collaboration on renewable energy financing in Nigeria, marking a shift from project-based support to a structured, large-scale funding framework. The decision followed a high-level meeting…
REA partners Mercy Corps on sustainable rural power supply
Sopuruchi Onwuka The Rural Electrification Agency (REA) signs Memorandum of Understanding with Mercy Corps to strengthen electricity cooperatives towards improved electricity access in Nigeria. The signing took place at the Corporate Headquarters of the Agency in Abuja on Thursday, 4th…
