By Udeme Akpan
Mini-grids are no longer just household rural electrification projects, they now represent a highly viable commercial model for electricity delivery capable of de-risking Nigeria’s power sector and attracting massive private capital.
This was revealed by the Managing Director of the Rural Electrification Agency (REA), Dr Abba Aliyu during the inaugural Samuel Ibiyemi Memorial Lecture in Lagos yesterday.
Delivering a keynote on “From Subsidy to Solvency: Can Mini-Grids De-risk Nigeria’s Power Sector?”, Dr Abba challenged the traditional perception of decentralized energy.
He argued that the true transformation of Nigeria’s power sector lies in shifting public resources away from subsidizing systemic inefficiencies and toward catalysing private investment.
