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Vice President Kashim Shettima has said funding the energy transition in the country requires investments of over $10 billion per year till 2060.
The Federal Government has approved a $750m World Bank funding for the construction of 1,200 mini-grids in rural communities across Nigeria.
The Nigerian Government has approved a $750 million World Bank loan for the construction of 1,200 mini-grids in rural communities across the country. The
Nigeria Can Leverage On Renewables For Industrialisation – Onuigbo
More than 90% of the world has access to electricity. While that number is impressive – it has grown from 84% in 2010 – it also means that 685 million people still live without electricity. Most of these people, about 80% of them, are in Sub-Saharan Africa.