82MW Already Deployed — RAMCO Aims To Stop Solar Projects From Dying After Launch Day

NTA Live
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2026年08月27日
The Federal Government is taking a fresh approach to solving one of the biggest challenges confronting Nigeria's renewable energy investments — the sustainability of projects. Energy Correspondent Joshua Ojito reports that the Rural Electrification Agency is driving this through the newly launched Renewable Asset Management Company (RAMCO), at the Transcorp Hilton in Abuja, to put in place a framework ensuring publicly funded renewable energy projects remain functional long after inauguration. REA Managing Director Dr Abba Abubakar Aliyu described RAMCO as "Nigeria's answer to long-term renewable energy investment" — a Special Purpose Vehicle designed to professionally manage, optimise, and sustain renewable assets already deployed nationwide, including 82 megawatts of solar hybrid generation across 22 federal universities and three teaching hospitals under REA's Energising Education Programme. Rather than relying on government budgets and sovereign borrowing, RAMCO will work with the Ministry of Finance, Ministry of Finance Incorporated, and InfraCorp to unlock private capital and recycle revenue into new electrification projects. Aliyu pledged full public accountability for the initiative's performance: "We will report our progress publicly. If we have delivered, Nigerians will know. If we have fallen short, they will know that too."

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