• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, August 25, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

REA Releases New Funds For CESEL-Concerto JV Power Projects

by Chika Izuora
1 year ago
in Business
Rural Electrification Agency
Share on WhatsAppShare on FacebookShare on XTelegram

The CESEL- Concerto Joint Venture has received the Nigerian Rural Electrification Agency (REA) Performance Based Grant (PBG) funded by the World Bank to embark on more power supply projects.

Advertisement

The grant was a follow up to the successful commissioning of four Solar Hybrid Mini – Grid Projects in Osi, Arajoshua, Alutierin, and Olomuoja communities in Ife South Local Government Area of Osun State in October 2023.

The REA’s support of this project underscores their commitment to the United Nations Sustainable Development Goal 7 (SDG7) which calls for “affordable, reliable, sustainable and modern energy for all” by 2030 and the role of Sustainable Development Goal 17 (SDG17), as the delivery of sustainable energy objectives across Nigeria has only been possible due to the REA’s strategic collaborations with its partners.

The CESEL – Concerto Mini-Grid project commenced in 2023, achieved the milestone of Technical Commissioning in October 2023, and in January 2024, held a Grand Commissioning event in Ile Ife, with His Imperial Majesty, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi (Ọjájá II) CFR, the Osun State Governor ably represented by Honourable Rev Bunmi Jenyo, Commissioner for Commerce and Industries,  Honourable Engr. Festus Ademola Adeyemo, the Commissioner for Energy Matters for Osun State, Mr. Arsh Sharma, Senior Energy Specialist, the World Bank and other dignitaries and paramount rulers in attendance.

Today, the completed 150kw solar hybrid mini-grids in the communities represent a significant leap towards achieving universal access to electricity in off-grid locations and reducing energy poverty in Nigeria.

RELATED

JUST-IN: NAICOM Revokes Operational Licenses Of Niger Insurance, Standard Alliance

Delayed Guidelines Drag Insurance Recapitalisation Process

8 hours ago
Large-cap Stock Drives Local Bourse To N180bn Gains

Shareholders Get N117.86bn Half-year Dividends From 12 Listed Firms

8 hours ago
ADVERTISEMENT

The four mini-grid sites deliver electricity to over 1,200 households and marks a significant development milestone for the communities.

Commenting on the occasion, Dr. Patrick Tolani, the CEO of CESEL, said ‘‘The completed mini-grid project provides a reliable and sustainable source of energy, which has transformed lives and fostered economic growth.

We appreciate our partners the World Bank and Rural Electrification Agency for their critical role in success of this project.’’

ADVERTISEMENT

Acknowledging receipt of the grant, ‘Lare Daramola, Chair of the CESEL-Concerto JV said, ‘‘On behalf of the CESEL- Conserto JV, I would like to thank the World Bank and the Rural Electrification Agency for their support, partnership and oversight, which have made this project possible.

I am personally grateful for the sterling leadership of the REA Managing Director and CEO, Abba Aliyu.

This grant is a strong endorsement of the sterling work being done by the CESEL – Concerto JV to provide reliable and clean electricity to communities disconnected from the national grid. We hope to replicate the success of this project in other underserved communities in the near future.’’

The JV remains dedicated to supporting Sustainable Development Goals (SDGs) and collaborating with local communities, government agencies, and international partners to expand access to clean energy across Nigeria.

 

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: REA
SendShare10172Tweet6358Share
ADVERTISEMENT
Previous Post

Africa Global Logistics Unveils Plans For Transformation, Logistics Growth

Next Post

Port Manager Seeks Synergy Between NPA, Maritime Security Stakeholders

Chika Izuora

Chika Izuora

You May Like

JUST-IN: NAICOM Revokes Operational Licenses Of Niger Insurance, Standard Alliance
Business

Delayed Guidelines Drag Insurance Recapitalisation Process

2025/08/25
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Shareholders Get N117.86bn Half-year Dividends From 12 Listed Firms

2025/08/25
UBA Bank plc
Business

UBA Customers To Win N150m In Super Savers Promo

2025/08/25
Bureau Rate NIMASA High On Public Service Reforms
Business

NIMASA, Engineers Strengthen Collaboration For Blue Economy Growth

2025/08/25
Ojulari’s First 100 Days at NNPC Ltd: A Bold Start Anchored On Reform, Transparency, And Clean Energy
Business

After 3 Misses, NNPC Sets Nov For AKK Gas Pipeline Completion

2025/08/25
Job Losses: 483,464 Persons Withdraw N247.47bn From Pension Savings
Business

Board Inauguration Beyond Our Control, PenCom Responds To NLC

2025/08/25
Leadership Conference advertisement

LATEST

2027 Polls: What PDP Must Do To Succeed — BoT

US Comedian Reggie Carroll Shot Dead

Police Nab 8 Suspected Murderers, Kidnappers In Ekiti

Olamijuwon Wins Historic Pamodzi Award

Dr. Tolulope Olagoke Kolawole’s Advocacy on Long-Term Complications of Substance Use Among Nigerian Youths and Adolescents

APC Suspends Top Edo Govt’s Official Over Alleged Anti-party Activities

Gov AbdulRazaq Hails Kwara-born Scientist Over Global HIV Research Grant Win

Why Obasanjo Hated Buhari – Garba Shehu

Sokoto Gov’t Faults NBS Poverty Rating, Launches Fresh Survey

ASUU Asks Federal Gov’t To Suspend Action On 9 New Varsities

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.