$160M FEC Approval Positions Niger State as Nigeria’s Solar Frontline Under Farmer Governor Bago
Niger State has taken a major step to lead Nigeria’s renewable transition after the Federal Executive Council approved a $160 million financing package for the Niger State Solar Energy Development Project. The package consists of $150 million from the Islamic Development Bank and $10 million counterpart funding from the Niger State Government. At the center of the project is the development of a 100-megawatt solar plant that will expand electricity access, improve reliability, and diversify the country’s energy mix through clean power. Farmer Governor Umaru Bago said the approval shows Niger State’s capacity to attract and manage large-scale investment. “This is more than funding. It is a vote of confidence in what we are building here. The 100MW plant will bring light to rural communities, support our industries, and create new opportunities across the state,” he said. The project follows months of preparation between the state government and the Islamic Development Bank. A few ...