- Adelabu urges stronger partnerships to expand mini-grids, boost local manufacturing and unlock concessionary finance for clean energy.
- REAN highlights growing solar panel assembly capacity and rising investor confidence in Nigeria’s renewable energy market.
Minister of Power, Adebayo Adelabu, reaffirmed his support for renewable mini-grids. He said concessionary financing plays a key role in expanding clean energy and improving electricity supply. He made the remarks on Tuesday, November 25, at the 2025 Renewable Energy Conference in Abuja.
The event, organised by the Renewable Energy Association of Nigeria, carried the theme “Stronger Together: Advancing Energy Access Through Policy, Finance and Inclusion.” Adelabu, represented by Metu Francis, said the theme aligns with the ministry’s plan to deliver clean, reliable and affordable power.
He said private sector participation remains central to Nigeria’s energy transition. He also pointed to concessions, local manufacturing, financial institutions and community-led initiatives as essential drivers of progress.
Moreover, he said that stronger collaboration will help scale mini-grid deployment, deepen local skills, unlock concessionary financing, and support women, small businesses, and underserved communities. He noted that Nigeria is accelerating its adoption of climate-smart technologies. Therefore, he said, cooperation across the sector is essential.
Adelabu also pledged continued government support through improved policies, expanded financing options, and sustained engagement with industry players. He recognised REAN’s efforts in promoting naira-based concessionary financing, supporting women and SMEs and strengthening quality assurance in the renewable sector.
In his remarks, REAN President Ayo Ademilua highlighted the sector’s achievements over the past year. In addition, he called for faster action to close Nigeria’s energy access gap.
Furthermore, he reported significant progress in the construction of new solar panel assembly plants in both northern and southern Nigeria. He said the facilities already produce high-quality panels for domestic use and export, boosting investor confidence. He added that the impact includes higher foreign investment, stronger foreign-exchange earnings and a more resilient local renewable energy value chain.