FG unveils $300m fund for off-grid power
The Federal Government, through the NSIA and partners, has launched a $300m fund to expand off-grid electricity and renewable energy projects across Nigeri Read More: https://punchng.com/fg-unveils-300m-fund-for-off-grid-power/
The Federal Government, through the Nigeria Sovereign Investment Authority, has launched a $300m investment fund aimed at expanding off-grid electricity and distributed renewable energy projects across Nigeria. The Nigeria Distributed Renewable Energy Fund, managed jointly by the NSIA and Africa50, is expected to mobilise public and private capital for mini-grids, standalone solar systems, and other decentralised electricity projects.
This initiative aligns with Nigeria’s energy-access objectives and Mission 300, which seeks to provide electricity access to 300 million people across Africa by 2030.
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- FG unveils $300m fund for off-grid power punchng.com
