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 considering 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.
In terms of projects undertaken, NSIA is in the process of developing the largest solar farm in Nigeria. The NSIA is overseeing the investment and Installation of a brand new 10MW solar plant on 24ha of land in Kumbotso Local Government, Kano State to feed an industrial cluster. The project is expected to create at least 500 direct and indirect jobs across the construction and operational phases of the project.
NSIA is also in advanced discussions in respect of a number of partnership opportunities with institutional players and development institutions interested in early-stage investments in thermal, solar, and hydropower generation.