All On Investments Deliver Reliable Electricity to Over One Million Nigerians, Impact Report Shows
By Eyo Nsima
Clean energy impact investment company, All On, has revealed that its investments in Nigeria’s off-grid electricity market have improved access to reliable power for more than one million people, while significantly reducing household energy costs, stimulating economic activities and strengthening the country’s renewable energy ecosystem.
The achievements are contained in the company’s 2018–2024 Impact Evaluation Report, an independent assessment conducted by Dalberg Advisors, which examined the social, economic and environmental outcomes of All On’s investments across Nigeria’s underserved communities.
According to the report, All On deployed more than $25 million in investments and over $3.5 million in grants during the review period, supporting more than 50 renewable energy businesses and providing grants and technical assistance to over 80 clean energy enterprises.
These interventions enabled more than 230,000 electricity connections, delivered over 23 megawatts of installed renewable energy capacity, and impacted the lives of more than one million Nigerians, particularly in rural and off-grid communities.
The evaluation found that households using All On-supported clean energy solutions spent an average of about ₦10,000 monthly on energy, compared with approximately ₦44,750 incurred by households relying on petrol and diesel generators.
Beyond the substantial savings, beneficiaries also reported improved electricity reliability, cleaner indoor air, lower noise pollution, enhanced safety and better quality of life resulting from reduced dependence on fossil fuel-powered generators.
The report noted that the company’s interventions have gone beyond financing renewable energy businesses to helping build Nigeria’s emerging off-grid electricity market.
Through investments, grants, technical assistance and policy advocacy, All On has supported mini-grid developers, solar home system providers, productive-use energy companies and innovative clean energy enterprises, helping many businesses scale operations and attract additional private sector investment.
The evaluation further indicated that access to reliable electricity had generated measurable socio-economic benefits for households and small businesses.
Many enterprises extended their operating hours, increased productivity and generated higher incomes, while schools, healthcare facilities and other public institutions recorded improved service delivery because of uninterrupted electricity supply. Women and young entrepreneurs also benefited from increased business opportunities created by access to dependable power.
Environmental benefits also featured prominently in the report.
By replacing petrol and diesel generators with solar-powered systems, the interventions contributed to lower greenhouse gas emissions, reduced local air pollution and decreased reliance on expensive fossil fuels, supporting Nigeria’s broader energy transition objectives.
The report observed that although Nigeria has made progress in expanding electricity access, millions of households and businesses still lack reliable power, leaving significant opportunities for further investments in distributed renewable energy.
It therefore recommended sustained collaboration among investors, development finance institutions, policymakers and private sector operators to accelerate deployment of clean energy technologies and deepen financial support for off-grid energy companies.
According to All On, its mission remains to increase access to commercial energy products and services for underserved and unserved off-grid markets across Nigeria, with a particular focus on the Niger Delta, by combining impact investing, market development and policy support to build a sustainable clean energy ecosystem.
