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REA Secures World Bank, AfDB Funds For Power Projects

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...

Power: FG Pledges To Bridge Electricity Gap With Renewable Energy

Power: FG Pledges To Bridge Electricity Gap With Renewable Energy         The Federal Government, yesterday, lit up communities and healthcare centres in Kogi as part of an ongoing effort to leverage renewable energy and off-grid solutions to bridge the electricity gap. Over 70 per cent of Nigerians...

Solar Power Programme’ll Generate N7bn Tax Revenues Yearly – FG

Solar Power Programme’ll Generate N7bn Tax Revenues Yearly - FG       The roll out of five million new solar power connections in off-grid communities is to generate an additional N7bn in tax revenues annually to Nigeria, the Federal Government has said. According to the government, the programme...

Power Operators Lose N1.25bn As Generation Sheds 62.96MW

Power Operators Lose N1.25bn As Generation Sheds 62.96MW       The Advisory Power Team, Office of the Vice President, in their latest report on the power sector, has said that operators in the power sector lost N1.25bn, while power generation dropped by 62.96 megawatts in one day. According...

REA Seeks $2bn To Power 80 million Rural Dwellers

REA Seeks $2bn To Power 80 million Rural Dwellers         The Rural Electrification Agency (REA) on Wednesday said over $2bn was required to power 80 million Nigerians who currently lack electricity and reside mostly in rural areas across the country. REA’s Managing Director, Malam Ahmad Salihijo Ahmad,...