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Nigeria Secures $950 Million To Enhance Renewable Electricity Supply
Nigeria Secures $950 Million To Enhance Renewable Electricity Supply
Nigeria has secured a total of $950 million in funding for its Distributed Access through Renewable Energy Scale-up (DARES) programme. This funding will help boost the country’s renewable energy capacity, aiming to provide electricity to 17.5 million Nigerians, with a specific focus on 86 million citizens without access to power…………READ MORE
The funding includes $750 million from the World Bank and $200 million from the Japanese International Development Corporation (JICA). The DARES project is expected to improve energy access through various solar energy solutions, including mini-grids and standalone solar systems.
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