The managing director, Rural Electrification Agency (REA), Abba Aliyu, has said that Nigeria has so far secured 950 million dollars in funding for its Distributed Access Through Renewable Energy Scale-Up (DARES) programme.
While disclosing the development in Abuja during a renewable energy service company collaborative agreement signing ceremony with nine companies, Aliyu said the federal government is determined to improve power supply to its 86 million citizens without access to electricity.
He noted that government had last year secured 750 million dollars from the World Bank and another 200 million dollars from the Japanese International Development Corporation (JICA) in February 2025.
According to him, government has given a clear mandate to REA to make Nigeria the renewable energy hub in West Africa.