PRESS RELEASE
REA PARTICIPATES IN THE KADUNA ECONOMIC AND INVESTMENT SUMMIT (KADINVEST 6.0) AND COMMISSIONS A 100KWP SOLAR HYBRID MINI GRID AT KASUWAN MAGANI, KAJURU LGA, KADUNA STATE
September 23, 2021
Kaduna, Nigeria – The Rural Electrification Agency (REA) participated in the sixth edition of the Kaduna Economic and Investment Summit (KadInvest 6.0) with the theme ‘Towards a Sustainable Knowledge Based Economy’ held at the Umaru Musa Yar’adua Hall, Murtala Square, Kaduna State. Also, the Agency commissioned a 100kWp Solar Hybrid Mini Grid at Kasuwan Magani, Kajuru LGA, Kaduna State.
The Managing Director/CEO of REA was represented by the Executive Director, Rural Electrification Fund (REF), Dr. Sanusi Ohiare, at this summit which is a major vehicle for job creation, economic growth and development for several sectors in Kaduna State and the entire country.
The two-day event witnessed the presence of His Excellency, Prof. Yemi Osinbajo, SAN, GCON, Vice President of the Federal Republic of Nigeria, the Executive Governor of Kaduna State, Malam Nasir Ahmed El-rufai, Honourable Minister of Power, Engr. Abubakar D. Aliyu amongst numerous dignitaries who shared their thoughts on developmental opportunities. Dignitaries, investors and stakeholders engaged with various organizations including the REA on their activities and programmes.
Furthermore, stakeholders from different sectors had the opportunity to visit the REA booth where a team from the Agency engaged them on the opportunities under the various programmes and initiatives implemented by the Agency such the Rural Electrification Fund, Nigeria Electrification Project (NEP), Energizing Education Programme (EEP), Grid Extension (Capital Projects), Energizing Economies Initiative (EEI), Solar Power Naija Programme – Enabling 5Million Connections, Energy for All – ‘Mass Rural Electrification’, Research and Innovation Hub as well as the electricity sustainability platform Rural Electricity Users Cooperative Society (REUCS) which are all geared towards providing sustainable electricity to unserved and underserved areas across the country as mandated by the Federal Government. In this view, the Agency aims to attract investment and developmental collaborations.
The first day of the summit concluded with the commissioning of a 100kWp Solar Hybrid Mini Grid at Kasuwan Magani, Kajuru LGA, Kaduna State deployed by the REA through a Public Private Partnership with Blue Camel Energy Limited under the Rural Electrification Fund projects. This project provides constant and reliable electricity to over 500 shops in the market, 1 commercial Bank, 1 Police Station and 1 Fire Service Station. With this successful commissioning, the REA continues to deliver on its mandate of providing access to reliable electric power supply to unserved and underserved areas across the country.
ABOUT REA
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*Rural Electrification Agency (REA) is the Implementing Agency of the Federal Government of Nigeria (FGN), under the Federal Ministry of Power, tasked with the electrification of unserved and underserved communities with the aim to catalyze economic growth and improve quality of life for Nigerians.
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*The REA is currently administering the Rural Electrification Fund (REF) and implementing the Nigeria Electrification Project (NEP) and a number of initiatives in furtherance of its mandate: Energizing Education Programme (EEP), Grid Extension (Capital Projects), Energizing Economies Initiative (EEI), Solar Power Naija Programme, Energy for All – ‘Mass Rural Electrification’ and Research and Innovation Hub.
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*The Agency is responsible for creating an enabling environment for private sector-led projects, which includes conducting pre-feasibility assessments, energy audits, enumeration, data analysis, identification of qualified private sector developers, and project stakeholder engagements and community engagements for awareness creation.
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*To give effect to some of its initiatives, REA has obtained financing amounting to $550 million ($350 million from the World Bank and $200 million from the African Development Bank) for financing the Nigeria Electrification Project, and an additional $11 million for financing the Rural Electrification Fund for the deployment of Solar hybrid mini grids and solar home systems. These funds will ensure that millions of Nigerians have access to clean, safe, reliable and affordable electricity
Click to see photo from KADINVEST 6.0
Click to see photo from the Commissioning Event
Media Enquiries
Ayang Ogbe
Director of Promotions, Information and Outreach
+2348033351512 | ogbe.ayang@rea.gov.ng