FG Gets AfDB’s $200m for Off-grid Electricity
The Rural Electricity Agency yesterday officially launched its $200 million Nigeria Electrification Project which it said would be deployed in providing 500,000 Nigerians in 105,000 rural households with off-grid electricity commencing in the next five months.
Managing Director of REA, Mr. Ahmad Salihijo, who stated this during the event in Abuja, said the project remains the largest single investment stream in Nigeria’s off-grid sector addressing the energy access challenge through mini-grids, the solar home systems and the Energising Education Programme of the federal government.
“NEP-AfDB will contribute to more than 500,000 Nigerians in 105,000 households in off-grid or underserved communities, having access to electricity, an increase of 76.5 MW in installed power generation capacity In his remarks, the acting Vice President, Power, Energy and Green Growth Complex of the AfDB, Wale Shonibare, decried the low access to energy in the country, with approximately 80 million people lacking access to sustainable and affordable sources of electricity.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Suspected ritualists behead woman for N150,000 in Akwa Ibom - Daily Post NigeriaSuspected ritualists had over the weekend beheaded a woman popularly called 'Mma Iko Mbakara' in her farm in Oku Abak community in Akwa Ibom State. It was
Read more »
How OVER 1.5 GOALS made N6.2million in 3 months from football trading with N200,000 capitalHow is that even possible? TJ gave account of his latest discovery and how he did it. One would have thought it’s a big deal but it is simple and easy.
Read more »
FG Partners World Bank, IFC On Staff Capacity BuildingFG Partners World Bank, IFC On Staff Capacity Building
Read more »
FG Committed To Taking 100 Million Nigerians Out Of Poverty – MalamiFG Committed To Taking 100 Million Nigerians Out Of Poverty – Malami
Read more »
Amotekun Takes off in Oyo as Makinde Assents to Bill - THISDAYLIVEKemi Olaitan in Ibadan All is set for the South-west security outfit, Amotekun, to begin operations in Oyo State as the Governor, Mr. Seyi Makinde, yesterday signed the Oyo State Security Network, code-named Amotekun Corps Bill 2020, into law. At the occasion, he reiterated the determination of his administration to provide a safe and secure …
Read more »
AfDB signs $200m for Nigeria’s power transmission projects
Read more »