|Approval Date||29 Nov 2018|
|Signature Date||04 Mar 2019|
|Planned Completion Date||31 Dec 2023|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||23220|
The Nigeria Electrification Project (NEP) is a nationwide initiative aimed at delivering energy access to un- and underserved communities in the country. The project supports the Federal Government of Nigeria’s (FGN) goal to increase electricity access across the country as defined in the national development agenda. It will provide electricity to households, small-to-medium-sized enterprises, and public institutions in a least-cost and timely manner through off- and mini-grid solutions. The Project will contribute to: (i) more than 500,000 people obtaining access to electricity; (ii) approximately 76.5 MW in increased installed power generation capacity; (iii) eight universities obtaining access to reliable sources of energy; (iv) 20,000 Micro-Small and Medium- sized Enterprises (MSMEs) supported/supplied with productive use appliances and equipment; and (iv) the avoidance of 1.69 million tons of CO2 emissions. It has four main components, namely: 1) Mini-grid systems installed in 250 sites; 2) 24,500 productive use solar PV appliances installed; 3) Mini-grid systems installed in eight federal universities; and 4) Institutional capacity strengthening provided to REA and ecosystem.
NEP’s objective is to provide over 500,000 people with access to affordable sources of electricity. The project specifically aims to promote technologies and business models that are emerging in Nigeria. NEP aims to support the acceleration of Nigeria’s mini-grid and off-grid sector and facilitate the entry of new market participants, especially the private sector. Its implementation will contribute to catalyze the development in the off and mini-grid particularly the selected areas where energy access is a challenge.
Over 600,000 people, approximately 100,000 households, 70,000 MSMEs, and eight universities will receive new or improved access to electricity services as a result of the project. The project will create an enabling environment for private sector involvement. Women across all beneficiary groups will receive increased opportunities through a range of integrated activities including collection of sex-disaggregated data, gender-targeted marketing.
African Development Bank
|Last Update||01 Dec 2021|
|Name||EGERUOH Chigoziri Cyrinus|