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World Bank to intensify provision of alternative sources of power for rural electrification tvcnews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tvcnews.tv Daily Mail and Mail on Sunday newspapers.
As Nigeria battles with electricity supply with millions of rural dwellers totally unconnected to the grid despite the poor performance of the electricity grid system, stakeholders are demanding for sustainable financing that will increase electricity....
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The Federal Government, yesterday, in Abuja, said $550 million loan borrowed from World Bank and African Development Bank (AfDB) is currently being spent to electrify rural communities across Nigeria.
The Rural Electrification Agency (REA) says it has signed 267 agreements worth about $395 million to provide electricity to unserved and underserved Nigerians under the Nigeria Electrification Projects.