For years, Nigeria’s power story was one of scarcity and strain. Generators filled the silence left by the national grid, and diesel became the lifeblood of commerce. Today, that dependence is flipping into an investment boom. Renewable energy, once dismissed as idealistic, is fast becoming Nigeria’s most bankable asset class. From crisis to cash flow The end of fuel subsidies in 2023, though painful, has changed the arithmetic of energy. With diesel prices above N1,100 per litre, self-generation is no longer sustainable
For years, Nigeria’s power story was one of scarcity and strain. Generators filled the silence left by the national grid, and diesel became the lifeblood of commerce. Today, that dependence is flipping into an investment boom. Renewable energy, once dismissed as idealistic, is fast becoming Nigeria’s most bankable asset class. From crisis to cash flow The end of fuel subsidies in 2023, though painful, has changed the arithmetic of energy. With diesel prices above N1,100 per litre, self-generation is no longer sustainable