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[BUSINESS] · Nigeria · 13 sources

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Nigeria begins construction of 17.7MW Oyo mini-grids

The Nigerian Federal Government has launched construction on five interconnected mini-grid projects in Oyo State, providing a combined capacity of 17.7 megawatts. The initiative, which includes a 17.74-megawatt battery energy storage system, aims to serve communities in Akinyele, Ido, Ibadan North, Egbeda, and Lagelu Local Government Areas. The project, developed by Paras Energy & Natural Resources Development Limited, targets a minimum of 20 hours of daily electricity supply to boost local economic activity and reduce reliance on fossil-fuel generators.

Minister of Power Joseph Tegbe announced the projects as part of President Bola Tinubu’s Renewed Hope Agenda. During the groundbreaking ceremony, Tegbe explicitly dismissed reports of imminent electricity tariff increases, stating that the government’s priority is achieving reliable, 24/7 power supply.

In a broader effort to address national grid instability, the administration has also approved plans to develop new eastern and western electricity grids. The government has organized the country into three strategic energy zones—the Lagos-Ogun corridor, the Abuja-Kaduna-Kano corridor, and the Benin-Enugu-Port Harcourt corridor—to improve operational efficiency and target high-demand areas.

Entities

Bola Tinubu · Federal Government of Nigeria · Joseph Tegbe · Oyo State · Paras Energy & Natural Resources Development Limited · Rural Electrification Agency

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