ELECTRICITY SUPPLY: RURAL ELECTRIFICATION AGENCY SECURES $750M WORLD BANK FUND TO POWER 17M HOUSEHOLDS

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In a significant step towards improving electricity supply across Nigeria, the Rural Electrification Agency (REA) has secured an additional $750 million in funding from the World Bank. This initiative aims to provide electricity to over 17 million households, furthering the government’s commitment to expanding access to reliable power.

Speaking at a media briefing on the agency’s 2023 performance, the Managing Director and CEO of the Rural Electrification Agency, Mr. Abba Abubakar Aliyu, emphasized the government’s dedication to ensuring electricity supply reaches every citizen. He revealed that the agency spent over 28 billion naira on capital electricity projects in 2023. These projects included consultancy services, deployment of mini-grids, grid extensions, and installing solar home systems, solar street lights, and solar irrigation pumps—all part of the 31.7 billion naira allocated for the year.

Mr. Aliyu highlighted the importance of these efforts in enhancing the quality of life for millions of Nigerians, particularly in rural areas where access to electricity has been limited.

Adding to this, the Director of Technical Services at the Rural Electrification Agency, Engr. Umar Abdullahi Umar stated that the agency is deeply committed to community engagement to ensure the security and maintenance of the implemented electrical projects. He also noted ongoing collaborations with manufacturers to improve the production and durability of equipment used in these projects.

The media briefing served to inform the public about the government’s plans to ensure adequate electricity supply nationwide, reinforcing the REA’s role in driving this critical national objective.

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