According to him, the programme is expected to provide off-grid reliable and clean electricity supply to 705,000 households, 90,000 micro, small and medium enterprises.
The MoU aims to strengthen the strategic partnership between the REA through the SPN Programme and InfraCredit to catalyse long-term local currency investments into the Nigeria solar off-grid space.
The Nigeria Electrification Project (NEP), Project Management Unit (PMU) of Rural Electrification Agency (REA) has signed a Performance-Based Grant agreement, a sub-component of the NEP solar mini-grid with Messrs. Wavelength and Maskh Nigeria Limited.
We once again laud President Tinubu for his bold vision and stand ready to collaborate with his administration in its effort to promote greater economic equality and prosperity for all Nigerians.