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Nigeria Secures $190M Renewable Energy Loan from JICA at TIC


Nigeria has reaffirmed its commitment to deepening strategic alliances with Japan and other international partners during the Ninth Tokyo International Conference on African Development in Yokohama, Japan.

The Nigerian delegation, led by President Bola Tinubu, participated in high-level engagements that prioritised power, infrastructure, and industrial transformation as critical levers for sustainable development, according to a statement from the Federal Ministry of Power on Friday, which revealed that Nigeria secured $190m loan at the event, for renewable energy projects.

Speaking at the summit, Tinubu emphasised that Nigeria’s participation at TICAD 9 was not about trade exhibitions, but about forging strategic, outcome-driven partnerships that would deliver tangible results for the Nigerian people.

He stressed that Nigeria is deliberately shifting from planning to implementation, from agreements to delivery, and from promises to measurable results.

The Minister of Power, Adebayo Adelabu, who was part of the national delegation, held high-level engagements with Japanese stakeholders, including Toshiba, Hitachi, Japan’s Transmission & Distribution Corporation, and Energy Exchange corporations. These engagements focused on transmission infrastructure, operational efficiency, and strategies to reduce system losses.

The minister announced that Nigeria is advancing a $190m renewable energy loan facility supported by the Japan International Cooperation Agency, designed to scale distributed renewable energy solutions across underserved communities. “This builds on the recently launched $750m World Bank Distributed Access through Renewable Energy Scale-up programme under the Mission 300 Compact, which aims to bring clean and reliable electricity to more than 17 million Nigerians,” the ministry stated.

The statement further stated that “these engagements built on the recent Federal Executive Council approvals for counterpart funding of ₦19,083,192,805.30 to catalyse a loan funding of $238m from JICA. This loan funding will support the expansion of the national grid with the addition of 102.95km of new 330kV double circuit (DC) line, 104.59km of new 132kV double circuit (DC) line, four 330/132/33kV substations, two132/33kv substations, two 330kV line bays extension, two 132kV line bays extension, and one 132kV Substation.”

Adelabu also highlighted the commissioning of three substations funded by JICA through a $32m grant in Apo (FCT), Keffi (Nasarawa State), and Apapa (Lagos State). These projects will directly strengthen supply reliability to households, businesses, and industrial clusters, including critical facilities such as the Lagos Port and surrounding industrial areas.

Through the partnership with JICA, the National Power Training Institute of Nigeria (NAPTIN) has commissioned state-of-the-art training equipment in Abuja to strengthen the skills of distribution engineers and tackle network losses. This facility is designed to deepen local expertise and promote long-term sustainability in sector operations through capacity development.

During a panel session, Adelabu highlighted Nigeria’s current energy realities, noting that only 55-60 per cent of the country’s population of over 200 million has access to electricity, much of which remains unreliable. He explained that the Federal Government is addressing this gap by expanding grid access in urban areas while simultaneously accelerating off-grid solutions, including solar mini-grids and standalone systems, for rural and peri-urban communities.

The minister expressed deep appreciation to JICA and the Government of Japan for their long-standing support to Nigeria’s power sector, recognising JICA as a reliable partner in advancing the country’s energy transition and expanding access to reliable, affordable, and sustainable electricity.

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