The Chairman of the Rural Electrification Agency (REA), Ayo Fayose, has restated the Federal Government’s determination to accelerate access to reliable and sustainable electricity through innovative renewable-energy solutions.
Speaking at the official launch of the Renewable Energy Asset Management Company (RAMCO) held at the Transcorp Hilton, Abuja, Fayose described the initiative as a strategic milestone in Nigeria’s energy transition journey.
He noted that RAMCO would play a pivotal role in strengthening the country’s renewable-energy ecosystem by attracting investment, ensuring effective management of clean-energy assets, and promoting long-term sustainability across the sector.
Collaboration for Inclusive Power Access
Fayose emphasized the importance of collaboration among government institutions, private-sector investors, and other stakeholders in delivering inclusive and dependable electricity to underserved communities. He stressed that the success of Nigeria’s energy transition depends on collective responsibility and shared commitment to innovation.
Advancing Nigeria’s Energy Transition
The launch of RAMCO underscores the Federal Government’s renewed drive to deepen renewable-energy deployment and advance Nigeria’s transition towards a more resilient, diversified, and sustainable power sector.
By institutionalizing asset management in the renewable-energy space, the government aims to ensure that projects are not only deployed but maintained to deliver consistent value to communities nationwide.
