Dr. Abba Aliyu, the Managing Director of the Rural Electrification Agency (REA), recently stated that mini-grids have evolved into a sustainable commercial model for power delivery in Nigeria. During the first Samuel Ibiyemi Memorial Lecture in Lagos, Dr. Aliyu argued that these systems serve as a bridge to reduce financial risks for private investors, moving beyond the outdated view that they are merely small-scale rural initiatives.
Dr. Aliyu noted that Nigeria’s energy struggle is as much a financial issue as an infrastructure one. By focusing on verified demand and digital revenue streams, mini-grids offer clear cash flows that attract capital. The REA is shifting its strategy from subsidizing systemic failure to using public funds to secure private investment. So far, the agency has established nearly 200 isolated mini-grids and connected 164,000 users, successfully attracting over $1.2 billion in private commitments. Additionally, the agency is now working with existing Distribution Companies to deploy 48 interconnected mini-grids that will add 288 MW of capacity.
The event also served to honor the late Prince (Dr.) Samuel Ibiyemi, a journalist noted for his deep interest in the energy sector. His daughter, Miss Shindara Ibiyemi, used the occasion to launch the Samuel Folorunsho Ibiyemi Foundation, which aims to continue her father’s legacy of support and community development.