Nigeria Seeks More Funding for Power Projects from Japan

N Nigeria is strengthening its partnership with Japan to mobilize more funding for the upgrade and expansion of its power transmission infrastructure, as part of ongoing efforts to boost electricity supply across the country.

This follows the Federal Executive Council’s approval of a ?19 billion counterpart funding to unlock a $238 million loan facility from the Japan International Cooperation Agency (JICA). The facility is expected to finance the expansion of the national grid, including the construction of over 200 kilometers of new double-circuit transmission lines and substations.

Already, three substations funded by JICA through a $32 million grant are ready for inauguration in Apo (FCT), Keffi (Nasarawa State), and Apapa (Lagos State). According to the Ministry of Power, the facilities will strengthen supply reliability and reduce frequent power interruptions in the affected regions.

Minister of Power, Adebayo Adelabu, disclosed that Nigeria is also advancing discussions on a $190 million renewable energy loan facility, also backed by JICA, aimed at scaling up distributed renewable energy solutions in communities nationwide.

The Federal Government expressed appreciation to JICA and the Government of Japan for their long-standing support to Nigeria’s power sector, describing JICA as a trusted partner in advancing energy transition and expanding access to affordable, reliable, and sustainable electricity.