The REA, with the support of the World Bank Loan Facility, has embarked on a comprehensive project aimed at accelerating electricity access in rural areas through Mini Grids, Stand-Alone Off-Grid Solutions, effective Covid-19 Health Response Initiative and improved electricity supply to Universities and associated Teaching Hospitals across Nigeria.
households to be electrified (of which 50,000 are headed by women)
micro, small and medium-sized enterprises (MSMEs) to be provided with new or improved electricity service of which 7,000 are female-headed MSMEs
federal universities and 2 teaching hospitals to be provided with new or improved electricity services
people to be provided with new or improved electricity service
In June 2018, the World Bank approved a $350 million low-cost loan to the FGN, through the REA, to support these objectives and provide financing/technical assistance for independent solar solutions to rural areas that have little or no potential of receiving electricity from conventional power systems in a reliable, affordable and sustainable manner.
The project will also create an enabling environment for private sector involvement through technical assistance. Women across all beneficiary groups will receive increased opportunities through a range of integrated activities including, the collection of gender‐disaggregated data, gender-targeted marketing, community outreach, and training programs that will be delivered at various levels to encourage and facilitate female participation.