The Rural Electrification Agency (REA) has partnered with LPV Technologies to strengthen Nigeria’s renewable energy sector and curb capital flight.
The Managing Director of REA, Mr Abba Aliyu, confirmed this during a facility tour of LPV Technologies’ solar panel production plant in Lagos on Tuesday.
Aliyu praised LPV Technologies for pioneering solar panel manufacturing, advancing energy transition efforts, and generating employment within Nigeria.
He reaffirmed REA’s commitment to partnering with LPV Technologies to reduce capital flight in the renewable energy sector.
Aliyu noted the company’s efficient factory and emphasised its strategic value to Nigeria’s energy transition plan.
He said Nigeria would require approximately $410 billion for full energy transition and $40 billion to close the electricity access gap.
Aliyu highlighted Nigeria’s potential for distributed renewable energy, contrasting its output with China’s seven million jobs in the same sector.
He said Nigeria created only 70,000 renewable energy jobs last year, in spite of its opportunities in the space.
“We must convert electricity access challenges into job creation opportunities,” Aliyu said.
Aliyu applauded LPV Technologies’ investments, noting its role in implementation and talent development alongside manufacturing.
“This aligns with President Bola Tinubu’s strategy to localise production and grow the Gross Domestic Product,” he said.
He added that the company’s products exceed some imports in quality, with technology that tracks each panel from sourcing to final assembly.
Aliyu revealed an ongoing REA collaboration with the Nigeria Police Force to solarise police stations nationwide.
“This initiative, backed by a Memorandum of Understanding, will use LPV’s standards to ensure implementation quality.
“We have begun deployment and will provide further updates shortly,” he said.
Chairman of LPV Technologies, Mr Nzan Ogbe, stressed the importance of decentralised energy infrastructure in cutting power costs.
He confirmed LPV’s support for government efforts through clean energy systems adapted to local conditions and grid limitations.
“The biggest challenge in Africa is energy security, not just corruption. What we’re building here isn’t just production — it’s scalable, affordable access to energy,” Ogbe said.
As Nigeria advances energy independence, the REA-LPV partnership offers a strong model for local capacity, economic growth, and the Sustainable Development Goals. (NAN)
