‘Paucity of Funds, Covid-19 Hindering 60% Rural Electrification Target’
The Rural Electrification Project has said inadequate funding and the current covid-19 pandemic are affecting its target to electrify 60 percent of underserved rural communities in Nigeria.
Salihijo, explained that an estimated 80 per cent of those with access also use an alternative source of electricity supply, mostly diesel generators, due to reliability concerns. He posited that Nigeria currently has available grid power hovering around 4,000 MW for over 190 million people and estimated that the Nigerian economy loses $29.3 billion annually due to a lack of adequate power supply.
According to him, top among the challenges is the capital intensity of electrifying rural communities in the country.
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.
COVID-19: Osun records 19 new cases, discharges 10The Osun State Government has confirmed that 10 Coronavirus patients were on Monday discharged from the State's Treatment and..
Read more »
Dexamethasone: How Nigerians use COVID-19 drug for weight gain|p style=
Read more »
COVID-19: Nigerians, other nationals record drop in income, says report|p style=
Read more »
N65m hygiene products add to Nigeria Covid-19 responseThe Federal Ministry of Health has taken delivery of a trailer load of hygiene products donated by Reckitt Benckiser in efforts to shore up the fight against the coronavirus pandemic. Health minist…
Read more »
COVID-19: 50 persons arrested at nightclub in Ilorin for violating rules - Daily Post NigeriaFifty violators of COVID-19 guidelines have been arrested by the Kwara State COVID-19 technical committee at a nightclub in Ilorin, the state capital.
Read more »
COVID-19: Kwara records 85 new cases in a day - Daily Post NigeriaThe Kwara State government on Saturday announced 85 new confirmed cases of the deadly Covid-19. The figure represents the highest daily figure of
Read more »