NSIA’s objective remains to advance Nigeria’s power generation and distribution capabilities. The Authority is of the view that reliable power supply is essential to Nigeria’s future growth prospects, particularly in light of the nation’s focus on job creation and the development of an industrial base. With the ongoing transformation of Nigeria’s power sector, NSIA continues to evaluate opportunities alongside private investors across the power sector value chain. We are seeing an increasing number of attractive investment opportunities in renewable energy.
The NSIA has developed the largest solar farm in Nigeria. The project entailed the installation and operation of a 10 MW solar power plant in the Challawa Industrial Area in Kumbotso Local Government Area of Kano State, as a demonstration pilot project to stimulate investment in the Nigerian power sector. The project created over 2500 direct and indirect jobs across the construction and operational phases of the project.
NSIA is also in advanced discussions with respect to a number of partnership opportunities with institutional players and development institutions interested in early-stage investments in thermal, solar, and hydropower generation.