REA Secures World Bank, AfDB Funds For Power Projects

The Rural Electrification Agency has secured funding from the World Bank and the African Development Bank for the development of power projects in universities and teaching hospitals.

The Managing Director of REA, Ahmad Salihijo, disclosed this at the inauguration of an 8.25 megawatts solar hybrid power project at the Federal University of Agriculture, Makurdi, Benue State, but made no mention of the sum.

In his address at the event, which was made available to our corespondent in Abuja on Sunday by the REA, Salihijo said the power plants would be constructed under the Nigeria Electrification Project.

He said, “Moving forward, the REA has secured funding from the World Bank and African Development Bank towards the implementation of Phase Two and Phase Three of the Energising Education Programme respectively.

“These phases will see to the design and construction of captive hybrid power plants across a total of 15 federal universities and two teaching hospitals and they will be implemented under the Nigeria Electrification Project.”

He said the 8.25MW solar hybrid plant inaugurated at the Federal University of Agriculture, Makurdi, was part of the Energising Education Programme of the REA.