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NEP Impact
At its inception, the NEP projected providing access to electricity for 3,325,000 Nigerians. This goal has
been surpassed, with access now extended to over 7.5 million people. The project initially targeted 70,500
households, but to date, it has provided electricity to over 600,000 households. In addition, 13,376 MSMEs,
7 Federal Universities and 2 University teaching hospitals have been powered.
The NEP has opened up significant opportunities in Nigeria's renewable energy sector. Increased market
confidence has attracted more private sector financiers, and the private-sector-driven nature of the NEP
offers companies opportunities to enhance corporate governance and financial readiness.
The Nigeria Electrification Programme has laid a strong foundation for Nigeria's energy future. By
empowering millions, fostering economic growth, and positioning the country to meet its electrification
and climate goals, the NEP is a crucial step towards a more sustainable and equitable energy landscape.
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