NBTI unveils $600m proposed investment, solar energy pipeline
The National Board for Technology Incubation has unveiled a proposed $600m investment pipeline and a solar energy programme for one million small businesse Read More: https://punchng.com/nbti-unveils-600m-proposed-investment-solar-energy-pipeline/
The National Board for Technology Incubation (NBTI) has announced a proposed $600 million investment and development-finance pipeline, along with a solar energy programme aimed at supporting one million micro and small businesses in Nigeria. Dr Kazeem Raji, the Director-General of NBTI, presented the outcomes of the 2026 NextGen Innovation Challenge at a world press conference in Abuja.
The investment pipeline includes a $500 million solar energy programme for universities and polytechnics, developed in partnership with Gigawatt Global, and a $100 million financing opportunity linked to the Tinubu Light Initiative. The initiative aims to provide solar energy solutions to small businesses, train and deploy 10,000 field marketers, and create 50,000 direct youth employment opportunities, with a target of ₦30bn in blended financing for its first phase.
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