• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, August 30, 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 Signs Grants With 9 Firms To Expand Energy Access

by Leadership News
4 months ago
in Business
REA
Share on WhatsAppShare on FacebookShare on XTelegram

The Rural Electrification Agency (REA) on Monday signed grant agreements with nine renewable energy companies to provide electricity access to 17.5 million Nigerians.

Advertisement

The companies are, Privida Power Limited, Baobab Plus, Salpha Energy, Asolar, NTA-StarTimes, A4&T Power Solutions, Sunking Greenlight Planet, Bboxx, and D.Light.

The News Agency of Nigeria (NAN) reports that this marks the first signing under the World Bank-funded Distributed Access through Renewable Energy Scale-Up (DARES) project, following its official launch in 2024.

“This initiative also contributes to the broader Mission 300, a global effort to deliver energy access to 300 million people in Sub-Saharan Africa by 2030, as Nigeria advances toward achieving universal electricity access,” REA said.

 

RELATED

GTCO Declares Pre-tax Profits Of N300.4bn In Q1

GTCO Crosses N500bn Capital Base With Fresh Fund Injection

11 hours ago
JUST-IN: Federal Gov’t Increases Mining Fees, Royalties To Be Paid Operators

Scholarship Beneficiaries Seek Minister’s Intervention Over Mining In Community

11 hours ago
ADVERTISEMENT

Speaking at the signing ceremony in Abuja, the managing director of REA, Abba Aliyu, said the project aimed to electrify 17.5 million Nigerians by deploying 1,350 mini-grids.

He explained that the interconnected mini-grids being deployed were intended to enhance the reliability of electricity supply to Band D and E customers, while also expanding access to underserved communities.

Aliyu said the project’s implementation was divided into two components:

ADVERTISEMENT

“Deployment of mini-grids (both isolated and interconnected), and deployment of solar home systems.

He stated that 198 sites had already been submitted under the project, projecting an estimated 340,000 new connections and the addition of 47 megawatts of clean, reliable electricity to the national grid.

“The 11 sites we are signing with Privida Power Limited alone will add over 2.5 megawatts of reliable energy, resulting in an additional 11,000 connections,” he said.

“Meanwhile, eight companies will deploy 1.6 million solar home systems across rural areas.”

According to him, this effort demonstrates REA’s commitment to scaling up access to electricity and tackling the challenges in Nigeria’s power sector.

He noted that the government, under President Bola Tinubu’s Renewed Hope Agenda, was aggressively addressing the nation’s electricity challenges.

“The issue of 18 million Nigerians without access to electricity will soon be a thing of the past, thanks to interventions like DARES and other REA projects,” Salihijo added.

“Today’s signing is not just a contract; it is a commitment to communities long underserved by conventional infrastructure.”

 

Also speaking, head of the Nigeria Electrification Programme (NEP), Olufemi Akinyelure, emphasised the broader impact of the initiative.

 

“Every connection made under DARES represents a doorway to education, healthcare, commerce, and inclusion,” he said.

 

“The over 11,027 new connections to be delivered under this project symbolise lives transformed, futures energised, and a Nigeria that leaves no one behind.”

 

He noted that partnerships like these served as a blueprint for achieving Nigeria’s national energy access goals.

 

Akinyelure explained that DARES, a key initiative under NEP, was structured to catalyse the off-grid energy market through targeted grant support for mini-grid and standalone solar projects.

 

“These renewable energy solutions are crucial for providing reliable and affordable electricity to off-grid communities, unlocking their potential for social and economic advancement,” he said.

 

Under the Performance-Based Grant sub-component for isolated mini-grids, Privida Power Limited secured a grant to deploy solar mini-grids across 11 communities in Kogi, providing over 11,027 new connections.

 

In addition, the eight other companies under the Standalone Solar Systems (SAS) component signed agreements to roll out Tier 1 and Tier 2 plug-and-play solar solutions for households and MSMEs to expand energy access across rural Nigeria.

Speaking on behalf of the companies, Group Chief Executive Officer (CEO) of Privida Power Limited, William Akalume, expressed commitment to the project.

“We are committed to the success of this project and appreciate the REA for the impactful work they are doing to improve the lives of Nigerians,” he said.


Join Our WhatsApp Channel



Tags: Rural Electrification Agency (REA)
SendShare10176Tweet6360Share
ADVERTISEMENT
Previous Post

UK Govt Urged To Collaborate On Probe Of British Army Major In Alleged Arms Trafficking

Next Post

UK Govt Urged To Collaborate On Probe Of British Army Major In Alleged Arms Trafficking

Leadership News

Leadership News

You May Like

GTCO Declares Pre-tax Profits Of N300.4bn In Q1
Business

GTCO Crosses N500bn Capital Base With Fresh Fund Injection

2025/08/30
JUST-IN: Federal Gov’t Increases Mining Fees, Royalties To Be Paid Operators
Business

Scholarship Beneficiaries Seek Minister’s Intervention Over Mining In Community

2025/08/30
Business

Budget Office Explains Delay In Budget Implementation Reports

2025/08/30
T2, Huawei Ink Multi-Million Dollar Deal For Core Network Overhaul
Business

T2, Huawei Ink Multi-Million Dollar Deal For Core Network Overhaul

2025/08/30
Maltina Rolls Out New PET Bottles
Business

Maltina Rolls Out New PET Bottles

2025/08/30
Abia Think Tank Calls For Govt Accountability, Inclusivity
Business

Abia Govt To Revive Moribund Industries In Aba

2025/08/30
Leadership Conference advertisement

LATEST

Sunderland Score 2 Late Goals To Beat Brentford

Fernandes Injury-time Penalty Gives Man Utd Victory Over Burnley

Bournemouth End Tottenham’s Unbeaten Start

Grealish Shines As Everton Defeat Wolves

Chelsea Submits €40m Bid For Barcelona’s Fermín López

Colombian VP Arrives Abuja On Official Visit To Nigeria

BBNaija S10: Faith Considers Voluntary Exit, Labels Show ‘Waste Of Time’

Cremonese Finalise Loan Deal For Brighton’s Jeremy Sarmiento

Police Arrest Suspected Cultist For Alleged Rape In Akwa Ibom

Police Arrest 2 Suspects, Recover 26 Stolen Phones, PoS Terminals In Kano

© 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.