News Formal

Nigeria Sovereign Investment Authority targets 200,000 off-grid connections by 2023

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 78%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The agency is partnering the Rural Electrification Agency to achieve this goal.

on Thursday announced that it is partnering with the Rural Electrification Agency in an effort to catalyse ‘Off-Grid’ renewable power to underserved communities in Nigeria.Solar Power Naija Programme

“The fund will be accessible by Nigerian Electrification Program qualified developers under the existing REA and World Bank scheme that guides technical qualification and provides grants for developers to invest and participate in Off-Grid Electrification projects,” the statement says. Also, it explained that the programme is estimated to create up to 20,000 jobs across manufacturing, assembly, installation and retail over the period.

In his remarks, Ahmad Salihijo, REA’s managing director and chief executive officer described the partnership with NSIA as “exciting”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria Needs N348.1trn Investment In National Development Plan – BuhariNigeria requires an investment size of N348.1 trillion to achieve the targets set out in the National Development Plan 2021-2025, President Muhammadu
Source: LeadershipNGA - 🏆 4. / 77 Read more »