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By James Emejo The Managing Director/Chief Executive, Rural Electrification Agency (REA), Mr. Ahmad Salihijo, said the agency had disbursed over $1.1 million to 12 solar power companies as part of efforts to boost rural electrification across the country. This came as the federal government also signed a memorandum of understanding (MoU) on Output Based Fund (OBF) grant with seven private companies for the deployment of Solar Home Systems (SHS) to small businesses and power rural communities cut off from the national grid. Speaking during the signing ceremony in Abuja, Salihijo, said the obje...

Punch Newspapers Sections Okechukwu Nnodim, Abuja The Federal Government on Wednesday signed an Output Based Fund grant Memorandum of Understanding with seven private companies for the deployment of solar home systems to power rural communities. It was learnt that parties in the agreement would also provide electricity to micro, small and medium enterprises located in areas categorised as unserved or under-served in terms of power supply. The Federal Government through the Rural Electrification Agency said the deployment of the solar home systems would further increase the number of citizens ...