The African Development Bank (AfDB) has disclosed its plans to invest $200 million to boost power supply in Nigeria. The bank’s board approved the funds to the sector through the Rural Electrification Agency (REA). The Acting Vice President of Power, Energy, Climate and Green Growth Complex (AFDB), Wale Shonibare, disclosed this when he led some management staff of […]
The Rural Electrification Agency (REA) has said it will provide access to electricity for 105,000 households, 20,000 Micro, Small and Medium Scale Enterprises (MSMEs) and eight federal universities through a $200 million fund recently approved by the African Development Bank (AfDB). The Managing Director of REA, Ahmad Salihijo, said this during his visit to the […]
The REA MD/CEO, Ahmad Salihijo paid a visit to the African Development Bank (AfDB) HQ in Abuja and was received by the Task Team Lead, AfDB-funded Nigerian Electrification Project (NEP) & other members of the NEP-AfDB project. Recall that the board of the AfDB had earlier approved a $200 million sovereign facility for the Nigeria […]