Nigeria's government plans to invest $800m in its power infrastructure through PPI, aiming to reach 30GW by 2030, with 30% renewable.

Nigeria's government is set to invest $800 million in its power infrastructure through the Presidential Power Initiative (PPI). This funding will be split into two portions: $400 million for Benin, Port Harcourt, and Enugu distribution companies, and $400 million for Abuja, Kaduna, Jos, and Kano. The initiative aims to boost power generation to 6,000 megawatts by year-end and reach 30 gigawatts by 2030, with 30% from renewable sources.

September 01, 2024
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