Nigeria Launches RAMCO to Manage Renewable Energy Assets

The Nigerian government has launched the Renewable Asset Management Company, RAMCO, a new entity designed to ensure the long-term sustainability of publicly funded renewable energy assets and attract private capital to the sector. The launch, which took place in Abuja on Wednesday, August 26, 2026, was attended by the Minister of Power, Joseph Tegbe, and the Managing Director of the Rural Electrification Agency, REA, Abba Aliyu. The initiative aims to address a critical challenge in Nigeria's power sector: the deterioration of infrastructure after commissioning.