The Minister of Power, Chief Adebayo Adelabu, confirmed on Monday that the much desired Mambilla Power Project was deliberately excluded from the 2024 budget of the federal government. He affirmed however, that the exclusion was not only deliberate, but intentional.
Addressing the Joint Committee of the Senate and House of Representatives Committee on Power, chaired by Senator Enyinnaya Abaribe, Chief Adelabu clarified that the absence of the Mambilla Project was a deliberate choice due to a significant legal dispute involving the federal government and Sunrise Power and Transmission Company Limited (SPTCL).
Recall that the legal battle started on October 10, 2017, when SPTCL accused the government of breaching a contract.
The minister highlighted that the contention was over an irregularity on the contract award. He stated that then Minister of Power, Dr Olu Agunloye, bypassed the due process by awarding the contract a day after the federal cabinet allegedly advised him to seek alternative funding sources. This created the loophole that necessitated Sunrise to take legal action against the government.
The ongoing litigations have stalled the progress of the Mambilla Project since 2007 when Sunrise contested a bid process for civil works announced by the government.
Adelabu emphasized to the legislative body that the deliberate omission of the Mambilla Project from the 2024 budget was due to its involvement in international arbitration. Until the legal matters are resolved, no progress can be made on the project.
On the relatated subject of the Zungeru Hydro Power Project, the Minister assured that it was nearly completed, standing at 99.8% readiness. He outlined plans to commence operations and integrate it into the national grid once concessionary fees are settled.
According to him, the major challenge in the power sector is not primarily generation but distribution, citing a significant loss of power during distribution due to outdated facilities of existing power distribution companies.
Adelabu proposed an unbundling solution, stressing the need for states to actively participate, especially in the distribution aspect.
Senator Abaribe expressed concern about the sustainability of free off-grid power ventures, while commending the Minister for his comprehensive understanding of power sector developments.
In his closing remarks, Senator Abaribe pledged to scrutinize the budget and explore collaboration opportunities, requesting a three-year summary of the ministry’s budget performance for evaluation.
The Transmission Company of Nigeria (TCN) is set to conduct planned maintenance on three 33kV feeders in Kubwa Substation.
As a result, several parts of the Federal Capital Territory, including Kubwa, Bwari, and surrounding areas, will experience a power outage today.
The maintenance, announced by TCN’s General Manager of Public Affairs, Ndidi Mbah, will occur from 10:00 am to 5:00 pm on Monday, December 4.
The interruption in power supply through the Abuja Distribution Company is expected to last for seven hours, with services expected to resume promptly after the completion of the maintenance work.
“Consequently, there will be power interruption on the feeders mentioned, affecting power supply through AEDC to its customers within Kubwa, Bwari and environs for seven hours.
“Power supply will be restored to the affected areas as soon as maintenance is completed,” the statement read.
The Managing Director/Chief Executive Officer of Rural Electrification Agency (REA), Engr. Ahmad Salihijo Ahmad on Friday, said the Federal Government is providing solar energy alternatives to Nigerians in a bid to cushion the effect of subsidy removal on businesses and households.
Ahmad, who was speaking after the inspection of REA’s Energizing Economies Initiative (EEI) project in Ayegbaju International Market, Osogbo, said the Federal Government, through REA, is setting up alternative solar energy systems to cater to electricity-underserved Nigerians.
He also explained that the concept of the EEI project was to provide alternative and clean solar energy to Nigerians, so as to reduce or abolish the use of carbon monoxide petrol-powered generators.
“We came to our Zonal office in Osun and we decided to do a short inspection of the Energizing Economies Initiative (EEI) that we have in Ayegbaju International Market, Osogbo.
“We came to see the progress of the work and we are very happy with what we have seen here today.
“The concept is to see how we can work with the market association and most importantly, work with the state government to scale up solar power supply to the whole market,” he said.
He said the construction of the solar system at the Ayegbaju Market is about 95 percent completed and that the power generation of the system is targeted at 30kwp.
He said at the pilot phase now, the solar power electricity is being test run on 48 shops and that in the long run, it would be extended to all the shops in the market.
He said with the interaction he had with the leadership of the market, shop owners are interested in the solar power project, as an alternative power source to run their operations/shops.
“What we have seen is the tremendous interest of the market people in the solar energy alternative, especially using it to replace petrol generators, in the face of subsidy removal,” he said.
He said as a follow up to the inspection and interaction with the market people, he would meet and work with developers, Osun State Government and even the market association, to draw a roadmap of how the project would be sustained and scaled up to cover the entire market.
He said with the solar system initiative, REA has been able to demonstrate a concept of solar power generation and supply, and that they can now bring in and work with other stakeholders to scale it up to the demand of Nigerians who are unserved and undeserved with electricity.
“Over 148 sites have been audited directly by REA,” saying “support from partners, such as E-guide and Rockefeller Foundation, will enhance the Energizing Economies Initiative (EEI) project.
“It is from these sites that Ayegbaju International Market, Osogbo, and Abubakar Gumi Market, Kaduna, were selected to deliver the next phase of EEI projects,” he said.
He said they are taking into account the lessons learned from phase zero and one of the project initiatives and would use it as a model for sustainable and collaborative projects with state governments and Electricity Distribution Companies (DisCos).
“Once the solar system construction is completed, the State Governments or DisCos, developers, and REA will be able to sit with the Market Associations to sign a multilateral agreement which ensures the long-term viability of the project while ensuring energy access to the markets.
“These projects will also provide the much-needed relief to businesses in these markets by reducing their dependence on petrol generators while increasing the penetration of renewable energy sources,” he said.
The Organization of Petroleum Exporting Countries and its allies (OPEC+) members have agreed to maintain their current supply curbs to the end of 2024, following a weekend of intense oil meetings in Vienna.
Similarly, quotas for 2024 were lowered for production strugglers, Nigeria, Angola, Azerbaijan, Malaysia, Congo and a few more countries.
Under the arrangement Nigeria’s quota was lowered to 1.38 million barrels a day in 2024.
The alliance’s total quota cuts were deepened to 4.7 million barrels a day b/d for July some five per cent of global capacity though in reality, many members have failed to hit their targets for years, making the actual physical reductions far less.
Under the agreement Saudi Arabia will slash its crude output by an extra 1 million b/d for at least July on top of its existing production cuts, energy minister Prince Abdulaziz bin Salman announced June 4 in a deal with OPEC+ counterparts, under the kingdom’s latest aggressive bid to reverse a tide of bearish trade sentiment and tighten the oil market.
The cuts come as many forecasts including OPEC’s own predict much higher global oil consumption in the months ahead, but Prince Abdulaziz described the decision as “precautionary.”
“We’re hedging,” he said at a press briefing. “We’re using the fundamentals to hedge. We will continue to hedge as long as we don’t see clarity and stability in the market.”
Analysts at S&P Global Commodity Insights expect 2.3 million b/d of annual demand growth in 2023, much of it back loaded to the second half of the year.
The OPEC’s latest monthly oil market report projects 2.3 million b/d of increased demand as well.
The deal also involves a complicated rebalancing of the alliance’s 2024 production baselines from which quotas will be calculated, redistributing allocations in favor of the UAE, with its higher spare capacity.
The UAE will now be permitted to pump 200,000 b/d more in 2024 than it is restricted to in 2023, satisfying its long-standing complaints about having to hold so much of its production capacity offline.
Independent upstream analysis from three organizations, including S&P Global, will be used to assess production capacities to set baselines going forward, the alliance said.
The next OPEC+ meeting is scheduled for November 26, though a nine-country monitoring committee co-chaired by Saudi Arabia and Russia will continue to gather every two months, with the authority to call for an emergency OPEC+ session if needed.
The OPEC Seminar, a usually triennial industry conference that has been delayed for two years due to the pandemic — is also due to be held July 5-6, providing another potential opportunity for ministers to review the decision and readjust quotas.
The 23-country OPEC+ coalition is currently holding production quotas 2 million b/d below October levels. In April, nine members, including Saudi Arabia, Russia, Iraq, the UAE and Kuwait, also pledged voluntary additional cuts totaling some 1.7 million b/d, which will now remain in place through the end of 2024.
Prince Abdulaziz said the new extra 1 million b/d Saudi cut deemed a “Saudi lollipop” as a sweetener to fellow producers could be extended beyond July, though he declined to say when that might be announced.
“We’ll do whatever is necessary to bring stability to this market,” he said.
“We are there to do as things progress and more certainty comes out.”
The decision is the culmination of two days of furious negotiations in Vienna, in the group’s first in-person meeting since October.
Ministers had to weigh desires by some countries to fight for greater market share against the fiscal pressures many members face from slumping prices. OPEC+ officials have been frustrated by what they feel is negative sentiment in the market that does not reflect actual fundamentals.
Platts, part of S&P Global, assessed Dated Brent at $76.06/b on June 2, down from a four-month high of $88.21/b on April 12.
Prince Abdulaziz had signaled at an industry conference on May 23 that short-sellers in the market should be on guard, raising market speculation that a production cut could be in order.
But getting to a deal required delicate diplomacy. Bilateral and multilateral talks went overnight into the early hours of the morning to hash out the quota math and find political appeasement for all sides.
Timings for the June 4 OPEC+ meeting were repeatedly changed to accommodate a flurry of negotiations on the sidelines, starting some six hours after originally scheduled.
The UAE, in particular, has felt aggrieved at how much production capacity it has been forced to hold offline over the past few years of the OPEC+ agreement, people familiar with the matter have said. Capable of pumping more than 4 million b/d but held to a quota of just 3.02 million b/d, it was rewarded with the 2024 quota boost to 3.22 million b/d after heavy lobbying.
Meanwhile, many African members have struggled mightily to reach their production targets, the result of underinvestment, civil unrest or internal dysfunction. They saw their baselines chopped significantly, a harsh pill for many to swallow. Angola and Nigeria proved the toughest countries to convince, sources said.
“We have discussed this before, to adjust the production of the UAE,” Emirati energy minister Suhail al-Mazrouei told reporters, adding that the decision was equitable to all members. “All accepted a level of production that is representative, and also they have been given … the chance by the end of November to demonstrate a [higher] level of production.”
Nigeria’s Gabriel Tanimu Aduda, for his part, said Nigeria’s reduced baseline reflected a “very realistic assessment” of its current production capacity, which it hopes to improve with more investment.
War-embroiled Russia, the key non-OPEC producer in the group, also came under pressure to improve its compliance with its pledged 500,000 b/d cut, with its recent crude exports hitting record highs to maximize its oil income in the face of western sanctions and a price cap.
Brokering it all was OPEC kingpin Saudi Arabia, the world’s largest crude exporter, and Prince Abdulaziz, who has been tasked with managing the kingdom’s enormous oil wealth to support major economic diversification efforts and investments championed by his half brother, Crown Prince Mohammed bin Salman.
“This is a market that needs stabilization,” Prince Abdulaziz said.
The Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, has urged stakeholders to consider a change of trade terms in the Oil and Gas sector from the Free on Board (FOB) to the Cost, Insurance and Freight (CIF) model.
Speaking at the 2023 Nigerian Oil and Gas Opportunity Fair (NOGOF) in Yenagoa, Bayelsa State, the NIMASA DG, said policies of the current administration at the Agency are tailored to complement efforts of the Nigerian Content Development and Monitoring Board (NCDMB) to grow the Nigerian economy through the Oil and Gas sector.
In astatement, Assistant Director, Public Relations, NIMASA, Osagie Edward, Jamoh, who was represented bythe Agency’s Director of Cabotage Services, Mrs. Rita Uruakpa, said the efforts of the NCDMB at helping in the development of the indigenous maritime sector had not gone unnoticed.
He said: “We appreciate the efforts of the Nigerian Content Development and Monitoring Board at growing the indigenous maritime sector, such as the proposed Brass Shipyard. We at NIMASA will continue to strive for the development of our maritime sector by pursuing policies that will ensure the indigenous capacity is grown, which in turn will impact on our fleet expansion to position them to be able to participate in the affreightment of the products”.
Speaking on opportunities for indigenous businesses in maritime, he had this to say, ‘I want to reiterate that we must also create a suitable and sustainable business and investment environment that will afford indigenous operators’ opportunities to participate in the oil & gas industry with a view to accelerating Nigeria’s income for the Oil Industry which in turn will impact our GDP”.
On his part, Executive Secretary of NCDMB Mr. Simbi Wabote, charged firms operating in the sector to prepare themselves adequately, restating that the oil and gas industry is highly technical and does not compromise safety and standards.
In his words, “If someone gives you projects he intends to execute in the next two years; Nigerian companies, having listened to the opportunities, should go back and continue to build their capacities in readiness to actively participate.”
He also challenged relevant agencies to address the worrisome security challenges, particularly oil theft in the Niger Delta, as this would enable the production of hydrocarbons at reasonable costs and profitability.
The Minister of Power, Mr Abubakar Aliyu has said that the Zungeru Hydroelectric Power Plant in Niger State has injected 700 Mega Watts (MW) into the National Grid to boost electricity.
Aliyu stated this during a farewell party for him and the Minister of State, Mr Goddy Jedy-Agba by the Ministry of Power on Friday in Abuja.
He said “Today the Zungeru Hydroelectric Power Plant has become a reality; we have as at today joined the grid with 700MW. Testing started Wednesday night.
“Information has reached us with the pictorial view of the meters showing us that the 700MW has gone on the grid,” he said.
The minister said that the Kashimbila Hydroelectric Power Project, a joint project with the Ministry of Water Resources had been completed.
He said phase one of the project which is the line taking electricity to Yandev in Benue over 240 kilometers, had been completed and inaugurated last week.
On the Siemens project, Aliyu said that the ministry had installed transformers in Abuja, Ajah, Lagos, adding that 10 massive mobile substations had been cleared.
“We have 10 of them at the port and the first one is in Ajah sub-station and some are also on the sea coming, ‘’ he said.
Aliyu also said that the ministry of power on Wednesday presented to the Federal Executive Council (FEC), a contract for over 13, 000kilometers distribution line.
He said that the contract was approved for the Presidential Power Initiative (PPI).
“One thing we should have in our minds is that these things don’t happen just at once, it is a process. These bring about delays of some of the projects,” he said.
The minister urged all players in the industry to continue to work together in synergy to be able to achieve the desired results.
According to him, electricity is a value chain from generation to distribution, urging players to work in synergy.
Aliyu commended members of staff of the ministry and stakeholders in the sector, for the cordial working relationship.
He said that the ministers would not have achieved what they achieved without the support of the staff of the ministry.
Also speaking, the Minister of State for Power, Jedy-Agba also thanked the staff for the working relationship that existed between them.
“It is a long journey but I enjoyed working with you all as you took directives from us and you implemented them,” he said.
President Muhammadu Buhari, on Thursday, inaugurated the Kashimbila Multipurpose Dam’s 40MW Hydropower Station and Associated 132KV Switchyard, Transmission Line and Distribution Substation (Phase I) Project that is located at the Kashimbila Dam site in Taraba State.
Speaking at a virtual ceremony held at the Council Chamber, State House, Abuja, Buhari underscored the importance of the project, and highlighted the project’s role in his administration’s commitment to achieving the target of 30GW of electricity in the country by 2030, under the Electricity Vision 30:30:30.
According to Buhari, the Electricity Vision initiative aims to have renewable energy contribute at least 30 per cent to the energy mix, thereby expediting the expansion of electricity access.
He said the implementation and completion of the Kashimbila projects align with his government’s policies to alleviate poverty, generate employment opportunities, enhance healthcare services, and improve the overall standard of living of Nigerians.
“The Kashimbila Multipurpose Dam in Taraba, with storage capacity of 500million cubic metres, was conceived principally to checkmate the threat of the imminent collapse of the structurally weak and poisonous Lake Nyos,” he said.
He said that the Dam, located at the line of volcanic activities in Cameroun Republic, and its collapse could result in flooding and affecting millions of lives and properties.
Buhari maintained that the Dam was meant to serve as a buffer to contain possible discharge of water of Lake Nyos.
He said its engineering design maximized the benefits of the Kashimbila ecosystem by incorporating a 40MW Hydropower Station, 60,000 cubic metre per day Water Supply Scheme, 2,000 hectares of Irrigation System, an airstrip, fishing activities and tourism potentials.
According to the President, the Phase I of the Power Evacuation Component of the Project includes the 132KV Switchyard, four substations at Takum, Wukari, Rafin Kada, Donga, and the rehabilitation of the existing 132KV Yandev substation.
The Renewable Energy Association of Nigeria (REAN) and Odyssey Energy Solutions, an end-to-end distributed energy technology platform, have signed a memorandum of understanding (MoU) to make solar equipment procurement easier, cheaper and efficient for solar companies operating in Nigeria.
The deal will enable REAN members to benefit from $100 million for equipment finance with very favourable terms.
The benefits derived from the deal include a small down payment and a 60-day window for the solar companies to pay up the balance once the equipment has arrived in Nigeria.
REAN, with support from the German-Nigerian Hydrogen Office and the Foundation for Partnership Initiatives in the Niger Delta (PIND), organised an Energy Access Roadshow programme with the theme, ‘Driving Energy Transition through Renewable Energy’.
As one of the fastest-growing economies in Africa, Nigeria has a significant demand for renewable energy solutions. However, many solar companies face significant challenges when it comes to sourcing equipment and materials, including long lead times, high costs, and lack of access to quality products.
The partnership between Odyssey Energy Solutions and REAN aims to address these challenges by streamlining the procurement process and providing better access to high-quality solar products for REAN members.
Under the agreement, Odyssey Energy Solutions and REAN will streamline equipment procurement for REAN members by helping them access financing, better payment terms and supply chain support.
The epoch event which also held virtually brought together key players in the renewable energy sector in Nigeria to discuss the latest trends, opportunities, and challenges facing the industry.
“We are delighted to be partnering with REAN to help improve the efficiency and cost effectiveness of solar equipment procurement in Nigeria.
“Our combined expertise and resources will enable us to provide better solutions to solar companies in Nigeria, helping them to grow their businesses and contribute to the development of a sustainable energy future for the country,” the VP of Procurement Solutions at Odyssey, Justin Tinsey, said.
REAN President, Ayo Ademilua, also expressed his enthusiasm for the agreement.
“REAN is committed to supporting the growth and development of the renewable energy sector in Nigeria, and this partnership with Odyssey Energy Solutions is an important step in that direction. We look forward to working together to provide better access to quality solar products and solutions for our members,” he said.
Nigerian Anchor reports that REAN is an independent, non-profit industry association founded by stakeholders within Nigeria’s Renewable Energy (RE) sector.
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the incoming government to ensure the completion of the ongoing rehabilitation of the nation’s petroleum refineries.
President of PENGASSAN, Mr. Festus Osifo said this at the 7th Triennial National Delegates Conference of the association in Abuja.
The theme of the conference is: ‘Equity and Social Justice; Advocacy for Equal Opportunities for all Workers”.
Osifor said that completion of the ongoing rehabilitation of refineries and associated pipelines would be in the interest of the Nigeria’s economy.
He said the union will also continue to advocate for the adoption of the NLNG model in the running of the Nation’s four Refineries when fully revamped.
The union also called for the creation of an enabling environment for the establishment and operation of modular and private Refineries.
“We are happy that the current NNPC management is favourably disposed to such. With the Dangote refinery, there will be a significant impact on the fuel supply dynamics.
“This will also ease pressure on the economy, especially when combined with the ongoing revamping of the three refineries in the country.
“The incoming government must do all within its reach to see to the conclusion of the current rehabilitation effort and initiatives that are currently in place so that our nation’s refinery will come up in no time,” he said.
He charged the incoming administration of the President-elect, Sen. Bola Tinubu to ensure that the Petroleum Industry Act (PIA) was comprehensively implemented.
He added that, as the new government comes in, the union urged it to fast track the implementation of different sections of the act to the benefit of Nigerians.
“The provision of the act that will further deepen the development of the midstream sector of the Nigeria oil and gas industry should be aggressively implemented.
“This will lead to the provision of gas infrastructure that will in turn aid gas development and help in harnessing the vast gas reserves in the country.
“We warn that the implementation of the PIA must not be made to pass through arm-twisting tactical bureaucratic monsters that bedeviled the PIB. The Host Community Development fund and trust should be immediately constituted,” he said.
Also speaking, the President of the Nigeria Labour Congress (NLC), Mr. Joe Ajaero called for greater solidarity and collaboration between PENGASSAN and other unions under in the Trade Union Congress (TUC).
He said that this would enable the NLC and TUC to forge a stronger front in fighting for workers’ rights and welfare in the country.
Also, the Chairperson of the event and an Executive Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mrs. Zainab Gobir called on everyone not to project Nigeria in a bad light.
”This will de-market our country. It is therefore important for us not to wash our dirty linens in public.
Gobir said that people should find better ways to raise issues with the government, with a view to addressing them.
Nigeria needs a $3.5 billion investment annually to generate 40,000 megawatts (MW) of electricity by 2030.
This was even as the Rural Electrification Agency (REA) was targeting additional N7 billion revenue from its first investors’ matchmaking for Solar Naija Programme (SNP).
Speaking at the investor match-making event, which the REA organised in Abuja, the Minister of Power, Engr. Abubakar Aliyu, disclosed that it would cost Nigeria an annual investment of $3.5 billion to attain 40,000MW by 2030.
With 23 power generating plants connected to the national grid, Nigeria has the capacity to generate 11,165.4 MW of electricity.
As at last January, Nigeria’s available power generation capacity in the First Quarter of 2022, according to a Nigerian Electricity Regulatory Commission (NERC) First Quarter 2022 Report published on January 6, 2023, decreased to 4,712.34MW from 5,465.72MW in the Fourth Quarter of 2021.
It stated that in the First Quarter of 2022, the average hourly generation of all available units decreased by 190.58MWh/h (-4.44 per cent) from 4,294.02MWh/h in 2021/Q4 to 4,103.11MWh/h.
The Commission attributed the decrease to incessant technical faults, gas constraints, as well as undulating load demand patterns that have continued to affect the amount of energy generated by power plants.
Represented by the Ministry’s Director of Investment, Mrs. Eyo Babalola, Aliyu noted the Ministry was the fulcrum of the actions with which the government is transforming the industry from a public to a private sector-driven one.
He said that, with the recent legislation that has empowered state governments to generate and distribute electricity, there are limitless investment opportunities in the sector.
The Managing Director of REA, Engr. Ahmad Salihijo Ahmad, informed the Rural Electrification Fund (REF) is undergoing some slight reforms to work with private investors for impact financing.
He explained the essence of the reform was to ensure there is a revolving fund that could suffice when there are non-viable areas.
Meanwhile, the REA is targeting additional N7 billion revenue from its first investors’ matchmaking for SNP.
The Programme aimed at providing the opportunity for potential investors to pitch their financial offerings to developers, clearly stating the selection criteria and key terms.
In a statement by the Agency on Thursday, the Agency hinted that the event would facilitate networking and matchmaking forum that brings together key investors and high-performing developers (pre-evaluated by the SPN team) in the power sector.
The event was organized in collaboration with the Power Africa Nigeria Power Sector Program (PA-NPSP, USAID).
The Solar Power Naija Programme was launched as part of the Economic Sustainability Plan (ESP) to achieve the roll out of 5 million new solar connections in off grid communities.
It stated that program is expected to generate an additional N7 billion increase in tax revenues per annum and $10 million in annual import substitution.
The objectives of the programme is to expand energy access to 25 million individuals (5 million new connections) through the provision of Solar Home Systems (SHS) or connection to a mini grid, Increase local content in the off grid solar value chain and facilitate the growth of the local manufacturing and assembly industry and Incentivize the creation of 250,000 new jobs in the energy sector.
Speaking during the event, Ahmad encouraged partnerships like these to boost energy access in communities.
“As the implementing agency for Nigeria’s off-grid strategy, the REA has been working to support private developers by creating an enabling environment to facilitate investments in various ways, including access to data, policy support, grants, capacity development, stakeholder management, and most importantly financing for Developers,” he said.
The Acting Deputy Missions Director, USAID Nigeria, Stephan Menard, in his remark, encouraged private developers to key into the project.
“I encourage the private developers to take advantage in accessing financing towards improving the lives of Nigerians by delivering sustainable energy access,” he said.
The Head, Solar Power Naija Programme, Barbara Izilien, looked forward to better days.
“We hope, with this approach, we will be able to build quick partnerships that would lead to new connections, and further count towards our target of electrifying a minimum of five million households, serving a minimum of 25 million Nigerians,” he said.
The Solar Power Naija Programme, implemented through the REA, is actively working on catalysing access to financing for developers in the off-grid sector to achieve the programme targets.
The event witnessed the signing of Memorandum of Understanding (MoU) between the REA and Chapel Hill Denham through the Solar Power Naija Programme.
The MoU is aimed to facilitate financing to developers for off grid electrification projects.