REA spends N28.7bn on electrification projects in 2023- MD

3 weeks ago 3

By NAN

26 August 2024   |   8:32 p.m.

The Rural Electrification Agency (REA) has announced that it spent much than N28.7 cardinal retired of the N31.7 cardinal allocated to it successful the 2023 appropriation connected completing electrification projects nationwide. REA’s Managing Director, Mr Abba Aliyu, made this disclosure successful Abuja connected Monday portion presenting the agency’s 2023 superior task implementation report. Aliyu said…

Rural Electrification Agency (REA)

The Rural Electrification Agency (REA) has announced that it spent much than N28.7 cardinal retired of the N31.7 cardinal allocated to it successful the 2023 appropriation connected completing electrification projects nationwide.

REA’s Managing Director, Mr Abba Aliyu, made this disclosure successful Abuja connected Monday portion presenting the agency’s 2023 superior task implementation report.

Aliyu said the bureau completed projects worthy much than N28.7 billion, with an further N3.3 cardinal worthy of projects inactive ongoing and expected to beryllium completed wrong the adjacent 2 months.

He highlighted that N6.3 cardinal was spent connected connecting communities to the nationalist grid, focusing connected grid hold and transformer deployment.

Aliyu said REA spent N131 cardinal connected deploying star location systems, N227 cardinal connected consultancy services, and N446 cardinal connected mini-grids to electrify electrical vehicles crossed the six geopolitical zones.

READ ALSO: Nigeria to make 6 gigawatts of energy by twelvemonth extremity — Minister

He said the bureau besides invested N626 cardinal successful deploying mini-grids to heighten electrical conveyance deployment and energise cultivation clusters, arsenic good arsenic N499 cardinal connected star thoroughfare lights to amended information successful areas facing challenges.

Aliyu noted that REA spent N2.02 cardinal connected deploying star irrigation pumps to thousands of farmers crossed the country, enhancing farming activities.

He emphasised that the agency’s projects covered each six geopolitical zones, 36 states, and the FCT, with nary authorities near unattended.

Mr Umar Abdullahi, Executive Director, Technical Services, REA, stated that the bureau had sustained its efforts successful enhancing socio-economic activities successful beneficiary communities, optimising the deployment of solar-powered irrigation pumps, star location systems, and star thoroughfare lights.

He highlighted that implicit 330 kilowatts highest (kWp) capableness of sustainable vigor had been deployed done mini-grid technology, impacting implicit 1.4 cardinal unserved and underserved Nigerians.

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The Rural Electrification Agency (REA) has announced that it spent much than N28.7 cardinal retired of the N31.7 cardinal allocated to it successful the 2023 appropriation connected completing electrification projects nationwide. REA’s Managing Director, Mr Abba Aliyu, made this disclosure successful Abuja connected Monday portion presenting the agency’s 2023 superior task implementation report. Aliyu said…

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