Aliyu ₦100 Billion Solar Deal gained major attention between February and March 2026 after the Rural Electrification Agency (REA), led by Abba Aliyu, entered strategic partnerships aimed at expanding renewable energy access across Nigeria.
According to reports published by The Guardian Nigeria and regional energy updates, REA partnered with Lotus Bank to establish a ₦100 billion revolving credit facility under the Distributed Access through Renewable Energy Scale-up (DARES) programme.
The financing initiative is expected to support renewable energy deployment, mini grid expansion, and solar infrastructure projects nationwide.
Focus on Renewable Energy Expansion
The Aliyu ₦100 billion solar deal formed part of broader efforts to improve electricity access and accelerate clean energy adoption across Nigeria.
Energy stakeholders explained that the revolving credit facility would help increase financing opportunities for renewable energy developers and infrastructure projects.
The DARES programme continues supporting off grid energy solutions, particularly within underserved and rural communities.
The initiative additionally aligns with Nigeria’s wider energy transition and sustainability goals.
REA and ECOWAS Sign Solar Electrification Agreement
During the same period, REA also signed a Memorandum of Understanding with Economic Community of West African States (ECOWAS) under the Regional Off Grid Electricity Access Project (ROGEAP).
According to reports linked to the agreement, the partnership includes grant support of approximately $700,000 for the solar electrification of 15 public healthcare and education facilities.
The initiative focuses on deploying solar photovoltaic systems to improve energy reliability within critical public institutions.
Nigeria’s Renewable Energy Push Continues
Nigeria continues increasing investment in renewable energy infrastructure as electricity access challenges persist across several regions.
Government agencies and private sector stakeholders increasingly view solar energy and mini grids as important solutions for improving power supply and economic development.
The latest partnerships further reflect growing collaboration between financial institutions, regional organizations, and energy agencies.
In Summary,Aliyu ₦100 billion solar deal reflects Nigeria’s growing commitment to renewable energy financing and infrastructure expansion.
The REA partnerships with Lotus Bank and ECOWAS further highlight efforts to improve electricity access, support public institutions, and strengthen sustainable energy development nationwide.
