Financing Source: Solar Power Naija (SPN)

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Last edited on 1/03/2023 by Hector Alfaro
(Date format: DD/MM/YYYY)

Key facts

Initative launched by the Federal Government of Nigeria (FGN) as part of the Economic Sustainability Plan (ESP). Financing facility worth $350 million to provide low interest loans. Targeting businesses which are operating along the domestic solar industry value chain (i.e. manufacturing, repair and manintenance, research and development for solar components, distribution and after-sales support of SHS, engineering of mini-grids, ...) Under the NEP, channeled by REA

Type of financing

Technology scope

Target beneficiaries

SME

Geographical scope

Nigeria

Application

Open

URL

https://nep.rea.gov.ng/federal-governments-5milion-solar-connections-program/

Further information

"Open" is not in the list (Application window, Rolling basis, Other) of allowed values for the "FS application" property.