REA Launches RAMCO to Tackle Post-Commissioning Decay of Renewable Assets

REA launches RAMCO to tackle post-commissioning decay of renewable assets

The Rural Electrification Agency (REA) has launched the Renewable Asset Management Company (RAMCO) to manage and sustain publicly funded

FG unveils RAMCO to sustain renewable energy assets, attract N3trn capital

Federal Government has launched the Renewable Asset Management Company (RAMCO), a new initiative designed to improve the management and sustainability of publicly financed renewable energy assets and mobilise about N3 trillion in fresh investment into the sector. Minister of Power, Joseph Tegbe, unveiled RAMCO at a stakeholders’ event in Abuja The post FG unveils RAMCO to sustain renewable energy assets, attract N3trn capital appeared first on N…

FG doesn’t know the value of its assets, says MOFI MD

Armstrong Takang, the managing director of the Ministry of Finance Incorporated (MOFI), says the federal government does not know the value and performance of its assets.   Takang spoke on Wednesday at the launch of the Renewable Asset Management Company (RAMCO), established by MOFI, the Rural Electrification Agency (REA), and the Infrastructure Corporation of Nigeria (InfraCorp) to manage publicly funded renewable energy assets.   According to …

FG Launches RAMCO To End Nigeria’s Power Infrastructure Decay

FG Launches RAMCO To End Nigeria’s Power Infrastructure Decay The Federal Government has launched the Renewable Asset Management Company (RAMCO), a new vehicle to manage Nigeria’s power infrastructure sustainably and stop the decline of assets after commissioning. The launch, held in Abuja on Wednesday, was attended by the Honourable Minister of Education, Dr Tunji Alausa; the Honourable Minister of State for Health and Social Welfare, Dr Iziaq …

FG, World Bank, AfDB Invest Over N263bn In Energizing Education Programme Over Nine Years

*L-R: MD/CEO InfraCorp, Dr Lazarus Angbazo; MD/CEO REA, Dr Abba A. Aliyu; and MD/CEO MOFI, Dr Armstrong Takang at the launch of RAMCO on Wednesday, August 26, 2026 at the TransCorp Hotel, Abuja.   …As REA, Others Launch RAMCO to Maintain, Sustain Assets By Clement Nwoji The Federal Government, World Bank and African Development Bank have within the past 9years (2017-2026), cumulatively deployed investments worth over N263 billion under Energizin…

RAMCO to unlock private capital for Nigeria’s renewable energy assets

WorldStage— The Renewable Asset Management Company (RAMCO) is set to unlock fresh private capital for Nigeria’s renewable energy infrastructure while reducing the sector’s dependence on government funding and sovereign borrowing, the Rural Electrification Agency (REA) has said. REA Managing Director and Chief Executive Officer, Abba Aliyu, disclosed this at the launch of RAMCO in Abuja, describing the initiative as a new model for ensuring the l…