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AfDB Plans $250m For Nigeria’s Electrification Project
The African Development Bank (AfDB) is ready to disburse $250 million into the Nigeria Electrification Project (NEP), Minister of Power, Adebayo Adelabu, said yesterday.
The NEP seeks to bridge the energy access deficit by providing electricity to households, MSMEs, and educational and healthcare facilities in unserved and underserved rural communities.
Adelabu shared this update on X (formerly known as Twitter), underscoring the fruitful outcome of a productive Bilateral Cooperation meeting held during the ongoing “Just Energy Transition and Agricultural Transformation for Africa” conference in Busan, South Korea.
This gathering, presided over by AfDB President, Dr. Akinwumi Adesina, brought together key stakeholders to discuss pivotal energy and agricultural transformations for the African continent.
The Minister tweeted, “This initiative aims to establish operational capacity across the entire value chain, facilitating project prioritisation. AfDB also confirmed readiness to disburse a previously approved $ 250 million fund for the Nigeria Electrification Project under the Rural Electrification Agency and extended support to Northern Nigerian states through the $20billion 10,000MW Northern Africa Desert to Power fund.”
Over 600,000 people, approximately 100,000 households, 70,000 MSMEs, and eight universities will receive new or improved access to electricity services as a result of the project.
The NEP project is expected to bring new or enhanced access to electricity services to over 600,000 people, including approximately 100,000 households, 70,000 MSMEs, and eight universities.
It will also create an enabling environment for private sector involvement, with a particular focus on advancing opportunities for women through various integrated activities such as the collection of sex-disaggregated data and gender-targeted marketing.
Meanwhile, the Energy Progress Report 2022, released by Tracking SDG 7, revealed that Nigeria has the lowest access to electricity globally, with approximately 92 million out of the country’s 200 million population lacking access to power.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
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