The Rural Electrification Agency (REA) reports that the Federal Government would launch a World Bank-funded rural power project in November, providing electricity to 17.5 million Nigerians.
Abba Aliyu, the organization’s Managing Director, confirmed this on Channels Television’s Sunrise Daily programme on Thursday. He also stated that his organization wants to provide low-cost energy alternatives to educational institutions utilizing renewable energy sources.
He explained that the Distributed Renewable Energy Scaleup project aims to provide electricity to up to 17.5 million Nigerians utilizing renewable energy sources.
Aliyu said, “For example, there’s a new project that we are starting next month called the Distributed Renewable Energy Scaleup project which is a $750 million financed (project) by the World Bank. The target of that project is to electrify 17.5 million Nigerians and I must say that this is one of the most ambitious projects in the world based on my understanding.
“Apart from India which has moved many unelectrified people to have electricity access, there’s no other country that has an ambitious project like this so this is a project that we are starting.”