FG eyes N3trn renewable energy investment through new company
For years, unreliable electricity has remained one of the less visible constraints on the quality of education, research and healthcare delivery in Nigeria’s public institutions. Laboratories cannot function optimally without power, digital learning platforms require electricity, medical equipment in teaching hospitals must remain operational, while students and lecturers increasingly depend on…
In Nigeria, the Federal Government aims to invest N3 trillion in renewable energy through a new company called Renewable Asset Management Company (RAMCO). The agency intends to improve the management, maintenance, and monetization of renewable energy infrastructure in public institutions. This initiative is expected to address the challenges faced by unreliable electricity in Nigeria's public education, research, and healthcare sectors.
The Renewable Asset Management Company (RAMCO) is a vehicle that will transform the way publicly financed renewable energy infrastructure is handled after commissioning.
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