The Nigeria Electrification Project (NEP) is a private sector-driven initiative of the Federal Government of Nigeria in collaboration with the World Bank which aims to provide power to 250,000 SMEs and one million households. Key components include grants and subsidies for solar mini-grids, SHS, and captive power for education.
The Nigeria Electrification Project aims to increase access to electricity services for households, public educational institutions, and underserved micro, small, and medium enterprises (MSMEs). The project comprises of four components. One of them is the Solar Hybrid Mini Grids Component. This component consists of two funding windows:
- A minimum subsidy tender to electrify selected communities that have high economic growth potential. The grant amount will be determined competitively through the tender; and
- A performance-based grant program for the development of mini grids on a spontaneous basis (developers may use to electrify the communities of their choice).