World Bank, AfDB Boost Off-Grid  Project With $550m

3 years ago
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The  World Bank and African Development Bank have supported the implementation of the off-grid solution projects in Nigeria with
550m USD
Ahmed Abubakar, Communications Specialist,
Rural Electrification Agency (REA),disclosed this in a statement.
He noted that  $213m USD was provided  for the mini-grid components of both World Bank and African Development Bank and AfDB, $75m USD for standalone solar homes system component of WB, $205m USD for Energizing Education Programme (EEP) Phases II and III components of WB and AfDB, and $20m USD for productive use component of AfDB as well as $37m USD for technical assistance.
He explained that the objective of the project is to provide clean, safe, reliable and affordable electricity access to a minimum of 2.5 million Nigerians which equates to about 500,000 households.
He further gave a breakdown of the achievements of the programme to  include “the signing of grant agreements under the mini-grid sub-component with 13 companies for the deployment of solar mini-grids across 86 sites in off-grid communities.
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