PRESS RELEASE
REA: APPOINTMENT OF CHAIRMAN AND MEMBERS OF NEW GOVERNING BOARD AS WELL AS REAPPOINTMENT OF EXECUTIVE DIRECTOR REF OF REA
February 10, 2022
Abuja, Nigeria – The Honourable Minister of State, Power, Goddy Jedy-Agba, OFR has inaugurated the Governing Board of the Rural Electrification Agency (REA). The board has Abdulazeez Musa Yar’Adua as Chairman and Managing Director/CEO of REA Engr. Ahmad Salihijo Ahmad as a member. Other members of the Board representing the six – geopolitical zones include, Engr. Michael Oluwagbemi (representing the South West), Chidi Emmanuel Nwogu (representing the South East), Catherine A. Ajibike (representing the South South), Dr. Abdullahi Garba (representing the North West), Dr. Abdul Umar (representing the North East), while Mohammed Kabir Badamasuiy (represents the North Central).
Also, to enhance partnerships and improve the synergy with critical Agencies which are supportive of the REA in achieving its mandate, the following Government organizations are represented on the Governing Board with Ex-Officio capacity. These are Federal Ministry of Power (Supervising Ministry), Federal Ministry of Finance, Budget and National Planning as well as the Bureau for Public Enterprise (BPE).
In addition, Dr. Sanusi Ohiare has been re-appointed as the Executive Director Rural Electrification Fund (REF) for another 5-year term to continue the expansion of the REF and contribute to the continued development of the Agency.
The Rural Electrification Agency (REA) is one of the top performing parastatals under the supervision of the Ministry of Power as it has continued to roll out Solar off-grid power solutions and grid extension to millions of unserved and underserved Nigerians. REA has been successful particularly because of critical partnerships with key Government counterparts and both national and international stakeholders.
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
Media Enquiries
Ayang Ogbe
Director of Promotions, Information and Outreach
+2348033351512 | ogbe.ayang@rea.gov.ng