REA E-NEWS FEBRUARY, 2020 EDITION

 REA MD/CEO AHMAD SALIHIJO AHMAD AT THE POWER AFRICA US SUMMIT 2020


Cross Section of Participants at the Power Africa US Summit 2020

REA MD/CEO Ahmad Salihijo Ahmad addressing stakeholders at the Power Africa US Summit 2020


February 19 2020: At this year’s Power Africa summit, the summit aims to explore the opportunities for investors across North America, Africa, and Europe to present energy projects, discuss investment opportunities, build relationships and viable networks within the international power community.

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REA SIGNS ADDITIONAL GRANT AGREEMENTS FOR OUTPUT-BASED FUND(OBF)UNDER THE NIGERIA ELECTRIFICATION PROJECT(NEP).

Signed Grant Agreements under OBF SHS

February 18, 2020: The REA MD/CEO Salihijo Ahmad signed two Grant Agreements under the Output-Based Funds of the Standalone Solar Systems component of the Nigeria Electrification Project (NEP), implemented by the Rural Electrification Agency (REA). The beneficiaries of the grants are Emel Solar Solutions Limited and Pas BBOXX Limited

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NIGERIA ELECTRIFICATION PROJECT (NEP) HOLDS ITS 3RD PERFORMANCE BASED GRANT ROUNDTABLE UNDER THE SOLAR HYBRID MINI GRID COMPONENT

L-R World Bank Mini Grid Component Head, Mr. Ashish Shrestha, NEP Mini Grid Component Head, Mrs. Lolade Abiola, REA MD/CEO Mr. Ahmad Salihijo Ahmad, and Ag. Head NEP-PMU Mrs. Anita Otubu during REA MD/CEO's Opening Remarks

February 18, 2020: the Rural Electrification Agency (REA) in collaboration with the World Bank, held the 3rd Performance Based Grant Roundtable under the Solar Hybrid Mini grid component of the Nigerian Electrification Project (NEP) in Abuja, Nigeria

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PHOTONEWS

February 21, 2020: The Hon. Minister of Power, Engr. Sale Mamman and the Hon. Minister of State for Power, Mr. Goddy Jedy-Agba, OFR, received the Board Members of the Rural Electrification Agency (REA), at the Power House in Abuja.
Present at the meeting were the REA Board members, the Honourable Ministers of Power, the Permanent Secretary and some Directors of the Ministry of Power


February 17, 2020: The REA Board Chairman, Umaru Maza Maza led an inaugural meeting of the reconsituted Board. This is the first meeting, since the present Managing Director & Chief Executive Officer, Ahmad Salihijo Ahmad was appointed by President Muhammadu Buhari, GCFR

February 10, 2020: Team from the United States Trade & Development Agency (USTDA) visited the Rural Electrification Agency (REA) to discuss the impact of mini grid in remote areas & the nexus between renewable energy & agriculture

February 05, 2020: Nigeria Power Sector Program (NPSP), Off Grid Team Lead MK Balaji, met a the team from Rural Electrifcation Agency (REA) for a presentation on a new geospatial tool, designed in line with REA’s Least Cost Energy Access Strategy

NEWS RELEASES & UPDATES

WorldBank-headquarters-

POWER: World Bank, REA Strategise to Bridge Energy Gap in Nigeria- The Guardian

World Bank’s $350 million (N126.5 billion) funded Nigeria Electrification Project (NEP) has received a boost with a new agreement to reduce energy gap for underserved Nigerian households and micro small medium enterprises (MSMEs)

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Solar-powered-electricity

SHS: Emel Solar, REA Seal Pact on Solar Home Systems Sale - Daily Trust

A private firm, Emel Solar and the Rural Electrification Agency (REA) have signed grant offer agreement under the Output Based Fund (OBF) for the firm to sell Solar Home Systems (SHS) to Nigerian households and businesses. The project is implemented by REA and supported by the World Bank. Daily Trust reports that in January 2019, REA signed pacts with 26 firms to deliver similar projects to rural communities through a N1.952 billion grante.

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