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FG Seeks $238 Million Japan Loan For National Grid Expansion - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsFG Seeks $238 Million Japan Loan For National Grid Expansion (5261 Views)

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FG Seeks $238 Million Japan Loan For National Grid Expansion by InfoGuru118(op): 2:18am On Aug 24, 2025
The Federal Government is currently discussing a loan funding of $238 million from the Japan International Cooperation Agency (JICA) to expand Nigeria’s national electricity grid network, especially the transmission segment of the power value chain, News360 Nigeria reports.

This was part of the outcome of deliberations at the just-concluded Ninth Tokyo International Conference on African Development (TICAD 9) in Yokohama, Japan, where the Nigerian delegation was led by President Bola Tinubu, and attended by the Minister of Power, Adebayo Adelabu, and others.

The national delegation held high-level engagements with Japanese stakeholders, including Toshiba, Hitachi, Japan’s Transmission & Distribution Corporation, and Energy Exchange corporations, focusing on transmission infrastructure, operational efficiency, and strategies to reduce system losses.

The proposed loan was built on the recent Federal Executive Council (FEC) approvals for counterpart funding of ₦19 billion to catalyse a loan funding of $238 million from the JICA.

The 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.


The Minister also announced that Nigeria is advancing a $190 million renewable energy loan facility supported by the JICA, designed to scale distributed renewable energy solutions across underserved communities. This builds on the recently launched $750 million World Bank Distributed Access through Renewable Energy Scale-up (DARES) programme under the Mission 300 Compact, which aims to bring clean and reliable electricity to more than 17 million Nigerians.

In parallel, three substations funded by JICA through a $32 million grant are set for commissioning in Apo (FCT), Keffi (Nasarawa State), and Apapa (Lagos State). The projects will directly strengthen supply reliability to households, businesses, and industrial clusters, including critical facilities such as the Lagos Port and surrounding industrial areas.

In addition, through the partnership with JICA, Adelabu said the National Power Training Institute of Nigeria (NAPTIN) has commissioned a state-of-the-art training equipment in Abuja to strengthen the skills of distribution engineers and tackle network losses.

The facility is designed to deepen local expertise and promote long-term sustainability in sector operations through capacity development, which remains a cornerstone of Nigeria’s power sector strategy.

Speaking during a panel session titled “HICKARE Africa: Harnessing Innovation, Co-creation, and Knowledge for Accessible and Resilient Energy for Africa,” Adelabu highlighted Nigeria’s current energy realities, noting that only about 60 percent 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.


Despite persistent challenges such as limited access to affordable capital, cost barriers for rural households, and under-utilisation of productive-use equipment, Adelabu reaffirmed the government’s commitment to overcoming these obstacles through supportive policies, strategic private-sector partnerships, and local manufacturing of renewable energy components.

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.

Speaking at the summit, President 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.
https://news360ng.com/fg-set-to-borrow-238m-from-japan-for-power-grid-expansion/

Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by fuckingAyaya(m): 5:07am On Aug 24, 2025
Time for data boys to defend the indefensible ask them what they are using money saved from subsidy and watch them foam in the mouth.
Data boys what are they using the subsidy money for?
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Validated: 5:43am On Aug 24, 2025
Feloow Nigerians we need to petition these lenders to stop lending these thieves money. Instead, Japan should construct the transmission lines and operate for 10 years to recoup their investment.
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by EpicDude123: 5:51am On Aug 24, 2025
Shameless.... Gjgjgjgjgkgjgjgkggkgjhkhkjbjbvb
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by frazee: 6:10am On Aug 24, 2025
Another one!!!!!!! Get the loan steal it and keep us indebted again...
Baba kúkú sell this country make we rest na....
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by cjudy(m): 6:12am On Aug 24, 2025
Reason for Japan visit is coming out small small.
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Akwamkpuruamu: 6:14am On Aug 24, 2025
The ones they borrowed in the past, what have they done with it?
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by anonimi: 6:16am On Aug 24, 2025
Validated:
Feloow Nigerians we need to petition these lenders to stop lending these thieves money. Instead, Japan should construct the transmission lines and operate for 10 years to recoup their investment.
Why don't you start with your own senator and representative?

anonimi:
“The worst illiterate is the political illiterate, he doesn’t hear, doesn’t speak, nor participates in the political events.

He doesn’t know the cost of life, the price of the bean, of the fish, of the flour, of the rent, of the shoes and of the medicine, all depends on political decisions. The political illiterate is so stupid that he is proud and swells his chest saying that he hates politics.

The slowpoke doesn’t know that, from his political ignorance is born the prostitute, the abandoned child, and the worst thieves of all, the bad politician, corrupted and flunky of the national and multinational companies.”

― Bertolt Brecht
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by tesseract: 6:19am On Aug 24, 2025
Shamelessly going around to beg for loans they have absolutely no intention of paying back in their life time.
Waiting for those equally shameless defenders of this nonsense to come and compare Nigeria with the USA, saying that the USA is also indebted. Alooooooter continually grin

Oh, they are here already grin
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Didijiji:
TINUBU KUKU KILL US


Loan Loan Loan....


Where is the so-called money you claimed we will save from not paying subsidies....?

You guys want to borrow and loot as usual... We were better off when we were payong subsidies ooooo

Where is Fashola that said FIXING POWER IS NOT ROCKET SCIENCE?

SW owe this country an apology
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by anonimi: 6:20am On Aug 24, 2025
Akwamkpuruamu:
The ones they borrowed in the past, what have they done with it?
They have stolen it all to bribe politicians for 2027 since we are not engaged enough in politics to checkmate the stomach infrastructure shenanigans for the 20% of our population that votes.

Racoon:
The ranking placed Nigeria in 186th position, only after Haiti, among 187 countries of the world. Nigeria is the second country in the world with the lowest voter turnout, worse than war-ravaged Afghanistan and Libya, a new ranking by Picodi has shown.

The ranking placed Nigeria in 186th position, only after Haiti, among 187 countries of the world. Nigeria also ranked worst in Africa. Nigeria’s low voter turnout

PREMIUM TIMES had reported how Nigeria recorded a new low in voter turnout during the last general elections. With a national turnout of 29 per cent, a Premium Times analysis showed that the last election had the lowest participation rate in the country’s six decades of independence.

It further revealed that of the 93.4 million registered voters this year, 87.2 million people collected their Permanent Voters Card and the total number of actual voters on election day was only 24.9 million..The winner of the election, Bola Tinubu, had less than nine million votes, roughly 10 per cent of the total eligible voters.

Another analysis by this newspaper revealed that all the 18 candidates in Nigeria’s February elections received only 27.55 per cent of the total eligible votes.

https://www.premiumtimesng.com/news/top-news/634921-voter-turnout-nigeria-ranks-worlds-second-worst-nation-report.html?utm_campaign=twitter&utm_medium=twitter&utm_source=twitter
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Watcharena: 6:21am On Aug 24, 2025
Where is the money saved from fuel subsidy removal
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Chukwuisgreat(m): 6:21am On Aug 24, 2025
They seek or they have applied and collected the loan.
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Racoon(m): 6:22am On Aug 24, 2025
You went to Japan TICAD and misbehaved now you are seeking the country's loan for electricity upgrade? Meanwhile, where are the so called fuel subsidy savings?
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by ogascomax: 6:28am On Aug 24, 2025
They told us that he struck some billion dollars deal in Japan 😂😂😂😂
Perhaps it was where to borrow some billion dollars he was gallivanting for.
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Believeintruth: 6:38am On Aug 24, 2025
InfoGuru118:
https://news360ng.com/fg-set-to-borrow-238m-from-japan-for-power-grid-expansion/
Helinues, FreeStuffsNG please can you come and clarify this.
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by prinsam30: 6:38am On Aug 24, 2025
Aswear this tinubu admistration go finally finish Nigeria completely
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Nobody: 6:38am On Aug 24, 2025
An acclaimed giant of Africa begging for money to connect electric poles and cables to their mansions dotted with fleets of lamborghinis and ferraris.
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by helinues: 6:39am On Aug 24, 2025
Believeintruth:
Helinues, FreeStuffsNG please can you come and clarify this.
What's the purpose of you going to school if you can't express yourself without seeking our validation
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Bfly: 6:39am On Aug 24, 2025
The only major change with all thes proposed developments is that Politicians become richer
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Believeintruth: 6:40am On Aug 24, 2025
helinues:
What's the purpose of you going to school if you can't express yourself without seeking our validation
Stop trying to play clever, come and clarify this news on the loan from Japan. Is that why they went there?
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by prinsam30: 6:40am On Aug 24, 2025
Believeintruth:
Helinues, FreeStuffsNG please can you come and clarify this.
Unfortunately they can't clarify anything, they ar feeling the heat too Danburuba 😂 😂 😂
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by helinues: 6:42am On Aug 24, 2025
Believeintruth:
Stop trying to play clever, come and clarify this news on the loan from Japan. Is that why they went there?
Did you elect me into any political position? What do you need my validation/authentication for about your opinion?
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Believeintruth: 6:44am On Aug 24, 2025
helinues:
Did you elect me into any political position? What do you need my validation/authentication for about your opinion?
No naaaa, but you are very quick to supporting the government and throwing shades at others, you are very quick to defend the policies of the government, Oya come and defend the rationale behind the loan naaaa, and the purpose of the event in Japan.
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by helinues: 6:45am On Aug 24, 2025
Believeintruth:
No naaaa, but you are very quick to supporting the government and throwing shades at others, you are very quick to defend the policies of the government, Oya come and defend the rationale behind the loan naaaa, and the purpose of the event in Japan.
But I am not blinded with my support. Not every government policies I nod head on as we can reason things logically here without following blindly like some people who can never see anything wrong in what they support
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by free2ryhme: 6:48am On Aug 24, 2025
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Believeintruth: 6:49am On Aug 24, 2025
helinues:
But I am not blinded with my support. Not every government policies I nod head on as we can reason things logically here without following blindly like some people who can never see anything wrong in what they support
Oya talk here and stop trying to be evasive. I have seen all I need to know about you
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by helinues: 6:51am On Aug 24, 2025
Believeintruth:
Oya talk here and stop trying to be evasive. I have seen all I need to know about you
We are not a nuclear reactor like some people. Not every issue we react to.

I am reserving my opinion about this. If you have substance about this discussion, express it without waiting for my validation

Thank you
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by Believeintruth: 6:53am On Aug 24, 2025
helinues:
We are not a nuclear reactor like some people. Not every issue we react to.

I am reserving my opinion about this. If you have substance about this discussion, express it without waiting for my validation

Thank you
But like a nuclear reactor that has reached critical mass you react to anything PO. See how you are exposing yourself.
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by helinues: 6:54am On Aug 24, 2025
Believeintruth:
But like a nuclear reactor that has reached critical mass you react to anything PO. See how you are exposing yourself.
Sinners always runneth when no one pursueth. Where did I mention anyone's name?
Re: FG Seeks $238 Million Japan Loan For National Grid Expansion by bobbiiee: 6:56am On Aug 24, 2025
Will they ever get tired of borrowing? Haba! Can't the money made on subsidy removal be gradually plowed back into such? Is it that everything must be funded by loan? Later, we will be asked to pay tax on our breath.
1 2 3 Reply

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