NSIA receives funding primarily from the surplus income generated from the sale of Nigeria’s crude oil. The Authority was allocated an initial sum of US$1 billion in seed capital in 2013. Since then there have been three additional tranches of contributions to the core fund.
President Buhari Commissions 10MW Kano Solar Project
NSIA has completed the development and construction of a 10MW solar farm in the Kumbotso Local Government Area (LGA) of Kano on behalf of the Federal Government of Nigeria, the Kano State Government, and Kumbotso Local Government Area.