- REA and Mente Energy launch RELIP to industrialise Nigeria’s renewable energy sector, creating a structured ecosystem for local manufacturing, investment, and job creation.
- The programme introduces a 20-year demand roadmap and bankable project pipeline, targeting solar, battery, and inverter manufacturing to attract large-scale private capital.
Rural Electrification Agency (REA) has signed a strategic Memorandum of Understanding with Mente Energy Limited in Abuja to launch the Renewable Energy Localisation and Industrialisation Programme (RELIP).
Abba Aliyu and Tolu Osekita jointly endorsed the agreement, which aims to transform Nigeria’s renewable energy sector into an investment-ready industrial ecosystem.
The programme will develop a 20-year national demand model for renewable energy components. As a result, investors will gain clearer visibility into long-term market opportunities, which will help attract capital into local manufacturing and supply chains.
Aliyu stated that the initiative will strengthen domestic value retention. He explained that structured demand planning and improved institutional frameworks will support job creation, industrial growth, and increased local production of clean energy technologies.
Osekita added that RELIP will bring structure to emerging opportunities in the sector. He noted that clearer market signals will improve investor confidence and enable both local and global capital to invest at scale.
The five-year partnership framework will begin with a six-month phase focused on building analytical and commercial systems. In addition, the programme will align public policy with private sector demand to create a pipeline of bankable renewable energy projects.
The initiative will also support investment in solar module assembly, battery production, and inverter manufacturing. Furthermore, it will lay the foundation for the Nigeria Renewable Energy Innovation Forum (NREIF 2.0), which aims to mobilise large-scale capital into the sector.