The African Development Bank (AfDB) has provided $200 million (KSh20.5 billion) to Nigeria’s Rural Electrification Authority (REA), to aid in providing 500,000 Nigerians in 105,000 rural households with off-grid electricity.
The distribution of the project’s funding is as follows:
- Solar Hybrid Mini Grids – $70 million
- Energy-Efficient Appliances for Productive Use – $20 million
- Phase three of the Energizing Education Program – $100 million
- Technical assistance and capacity building – $10 million
Other institutions that will benefit from the electrification process are eight universities and 20,000 MSMEs.
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According to REA, the project will commence in the next five months.
In December last year, AfDB approved another $210 million for Nigeria, aimed at helping it build a 330KV double circuit quad transmission line and sub-stations across the country, so as to upgrade its electricity transmission and distribution network.
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