Home Business & EconomyFG executes 1,375 rural power projects with N45.89b

FG executes 1,375 rural power projects with N45.89b

by Edidiong Nseabasi
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THE Federal Government completed a total of 1,375 rural power projects in various communities across the country with the sum of N45.89bn within a period of three years, the latest figures obtained from the Rural Electrification Agency, showed.

Data from the agency indicated that between 2020 and 2022, the Federal Government, through its REA, undertook the projects by growing the capacity of the national power grid, increasing the number of mini-grids, deploying solar home systems, as well as installing solar street lights.

“Capital projects in the last three years, 2020 – 2022, is 1,375 in number. Total projects cost is N45.89bn,” the REA stated in its 2022 Strategic Interventions report, obtained by our correspondent in Abuja on Friday.

A breakdown of the projects indicated that the government was able to deliver an installed capacity of 238.4 megawatts to the national electricity grid during the review period.

It said a total of 476,800 households benefitted from this, as the installed capacity on the grid affected 2.38 million people, while the cost of this particular project was N19.11bn.

The report stated that a total of 67 mini-grids developed during the three-year period, provided 0.64MW of electricity to 657.14 households, comprising of a total of 3,290 persons, while N6.35bn was spent on this particular project.

The government, through its rural power agency, also provided 556 solar homes systems to support 2,780 people, at a cost of N1.03bn during the three-year period.

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