Finance First: Experts Urge New Hydropower Strategy for Nigeria

Energy experts have a new plan for Nigeria's small hydropower projects. They say financiers must be involved at the very start. Currently, government plans for small dams on rivers often fail to get funding. This is because project designs do not meet the strict requirements of banks and investment firms. The experts state that involving these lenders during the design phase is critical. This will align the government's goals with what financiers demand. The step is meant to bridge a major gap between planning and real project funding. This new approach targets Nigeria's many small rivers and streams. Harnessing them could provide clean, reliable electricity to remote communities not connected to the national grid.