July 15, 2024
RURAL ELECTRIFICATION: REA signs 342 grant agreements with firms
NIGER: Households, businesses grappling with poor power supply --- Investigation
– By Godswill Odiong

Kindly Share

Facebook
Twitter
LinkedIn
WhatsApp

By Eyo Nsima
The Rural Electrification Agency, REA, has signed 342 grant agreements with local firms to provide off grid electricity for unserved and underserved Nigerians under the Nigeria Electrification Projects, NEP.

The NEP programme, which is funded by a $350 million World Bank loan and $200 million loan from the African Development Bank, AfDB has so far provided electricity for 6.8 million people, the agency has disclosed.

 

Speaking at a REA board and management staff retreat in Abuja, the Minister of State, Power, Prince Goddy Jedy-Agba said the government was determined to bridge grid electricity gap through the deployment of off grid solutions.

 

He said: “Renewable energy is the solution to bridge the electricity gap in the nation quickly, which is why we plan to continue to optimize it while drawing in quality investments and private sector participation in the space.

“This administration’s efforts to improve energy access through on – and off-grid electrification solutions are commendable. We must not lose sight of Vision 30:30:30, aimed at raising the generation capacity to 30,000MW by 2030, of which 30 percent will be from renewable sources”.

 

Similarly, the Managing Director, REA, Engr. Ahmad Salihijo Ahmad disclosed that the agency over the years has continued to deliver on its mandate through an array of impactful projects, quality strategic collaborations, robust research and development, and data driven decision making and investment on people and processes.

He said the agency “is very adamant in filling the energy gap”, adding that the agency’s management has been able to implement reforms that have repositioned REA.

He maintained that under NEP, 28,315 mini grid connections have been achieved with another 1.2 million connections made through the Solar Home System installations.

Kindly Share

Facebook
Twitter
LinkedIn
WhatsApp

Copyright @ TheDaily. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from TheDaily

Leave a Comment

Your email address will not be published. Required fields are marked *

📰 Subscribe to our Newsletter

Scroll to Top