Connect with us

Business

Electricity: REA to power 250,000 households in 2024

Published

on

Electricity

The Rural Electrification Agency (REA) is set to provide support to 250,000 households with initiatives such as electric mobility, mini-grids, and home systems.

Malam Mutari Ibrahim, the Director of Promotion and Outreach (PIO) said this in a statement in Abuja.

Ibrahim said that the agency had equally deployed more than 1,650 kilometres (KM) of solar streetlights, improving power, security, and economic growth in rural areas.

According to him, REA has accomplished 1,403 projects within the capital budget, providing solar streetlights, mini-grid projects, standalone home systems, and grid extension works.

Speaking further, Ibrahim noted that REA is working in collaboration with other stakeholders to accomplish the feat of providing accessible electricity to homes in rural communities.

According to him, this strategic partnership enables the agency to achieve its objective of powering homes and small businesses across the country.

He said,

Ibrahim said that from 2020 to date, REA has provided power to more than 7.5 million people, including 1.5 million households, delivering 130 Mini-Grid Projects, including 1.3 million standalone home systems.

According to him, most recently, the Nigeria Electrification Project (NEP), and REA negotiated and secured the advance approval of a 750 million-dollar facility with the World Bank.

The aim he said was to expand renewable and rural electrification initiatives, providing additional resources to Nigeria during a challenging period.

Trending