• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Rural Electrification Agency Implements N45.89 billion Projects in 3 years – Report

The Agency also lighted up Communities with 450MW Power in 3 years

Chris Ugwu by Chris Ugwu
April 17, 2023
in Business News
Rural Electrification Agency Implements N45.89 billion Projects in 3 years
Share on FacebookShare on TwitterShare on Linkedin

Key Highlights  

  • According to the report, the REA has implemented over 2,000 electrification projects, impacting an estimated 5,000,000 Nigerians nationwide.
  • The report disclosed that 1,392 irrigation solar pumps were distributed across the six geopolitical zones, reaching 1,300 male and 92 female beneficiaries, as well as about 200 farm clusters.
  • 2,046 Solar Home Systems (SHS) were deployed across the six geopolitical zones, reaching and connecting 1,972 homes, 5 primary healthcare centers, 10 schools, 22 religious centers, and 7 offices.

Rural Electrification Agency (REA) has executed 1,375 capital projects worth N45.89 billion between 2020 and 2022 across six geopolitical zones of the country. 

This was contained in the report of the agency on strategic interventions for the year 2022 obtained by Nairametrics. 

According to the REA report on its strategic interventions for the year 2022, the Agency also lighted up Communities with 450MW Power in 3 years, where the impact assessment played a pivotal role in addressing challenges, such as inaccessible technology, electricity, and water; gender inclusion; overreliance on petrol and diesel, among others.  

RelatedStories

Tinubu appoints Abba Aliyu as head of Nigeria’s Rural Electrification Agency 

REA mobilises contractors to complete abandoned electricity projects accross Nigeria

April 30, 2025
Oando, REA sign MOU for 1.2GW solar energy project in Nigeria 

Oando, REA sign MOU for 1.2GW solar energy project in Nigeria 

March 19, 2025
  • “This assessment is important in improving the outcome and impact of future interventions. The electrification programs, and projects alike, were successful, with acceptance in the beneficiary communities. Beneficiaries consisting of main farmers, households, women, and youths were deeply impacted from a social, environmental, and economic standpoint,’’ the report said. 

In the last decade

The Agency noted that in the last decade, REA has implemented over 2,000 electrification projects, impacting an estimated 5,000,000 Nigerians across the country.  

The total installed capacity, under the capital projects, was estimated at over 600 MW-equivalent to over 1,000,000 connections according to the report. 

Solar mini-grid system

The report noted that in 2022, six communities were equipped with a 100-kW solar mini-grid system. The systems were designed to prioritize productive users, including agro-processing businesses, homes, commercial users, as well as public spaces. 

  • ‘’Over 8,155 lives and 5,000 active farmers have been impacted with uninterrupted power supply and clean affordable water, translating to over 60 direct and indirect jobs created, improved security, increased productivity, improved healthcare, as well as the decommissioning of over 40 diesel and petrol gen sets. Based on the current and future estimations, the reductions in carbon emissions were also encouraging,’’ the report said. 

Irrigation

On the irrigation schemes, the report disclosed that 1,392 irrigation solar pumps were distributed across the six geopolitical zones, reaching 1,300 male and 92 female beneficiaries, as well as about 200 farm clusters. 

  • “Over 11,000 lives and 6,000 farmers (including about 810 female farmers) have been directly impacted. This impact has translated to the illumination of over 170 farms with Solar Street Lights (SSLs), the training of over 3,000 farmers on pump maintenance and new irrigation practices, and more importantly, costs (maintenance, fuel, etc.) savings. For the latter, the replacement of diesel-powered pumps with solar-powered pumps is expected to increase average revenues by N150,000 – N300,000,’’ the Agency reported.  

The Agency also noted that 2,046 Solar Home Systems (SHS) were deployed across the six geopolitical zones, reaching and connecting 1,972 homes, 5 primary healthcare centers, 10 schools, 22 religious centers, and 7 offices.  

 It added that over 10,000 lives and 5,000 students have been directly impacted by uninterrupted electricity, translating to over 350 direct and indirect jobs created, improved healthcare, as well as improved trading and domestic activities among the women.  

Key gender-based observations:

The report further revealed that key gender-based observations were that women in the beneficiary communities will have more access to technology, health, and food quality/quantity.   

  • “Over 3,000 women that are involved in trading, tailoring, braiding, and other productive domestic activities are expected to increase their profit margin by at least 30% due to the improved lighting conditions from the SHS. The provision of solar pumps to farm clusters will also enable female farmers to increase their yields and profits,’’ the organization said.  

To ensure the long-term sustainability of the projects, the Agency noted that an implementation plan for Operation and Maintenance (O&M) procedures has been established.  

Expectations

The report said that it is expected that livelihoods, specifically in rural communities, will be impacted through programs that provide electricity for productive use in healthcare centers, markets, schools, agriculture, etc., in a sustainable and impactful manner. 

  • “Going forward, the Agency intends to gather lessons learned from 2022 and implement projects better, leverage on successful projects to create more opportunities for the private sector, align with the private sector to pilot and scale viable projects and unlock private capital through public funding,” the report said. 

What you should know

The Rural Electrification Agency (REA) is a parastatal under the Federal Ministry of Power (FMP), established to implement the Rural Electrification Strategy and Plan of the government. While the Agency has existed since 2006, achieving its mandate was hampered by several factors, including interdictions and a lack of strategic direction for the first ten years of its existence. 

A new Board and Management were inaugurated in 2017, which began a cultural reset of the Agency. However, rural electrification targets remained unmet due to prevailing institutional and sectoral challenges. 


Follow us for Breaking News and Market Intelligence.
Tags: REARural Electrification Agency (REA)
Chris Ugwu

Chris Ugwu

Chris is a Senior Financial Analyst at Nairametrics Advocates Limited with over a decade stint in active journalism and public relations practice.

Related Posts

Tinubu appoints Abba Aliyu as head of Nigeria’s Rural Electrification Agency 
Energy

REA mobilises contractors to complete abandoned electricity projects accross Nigeria

April 30, 2025
Oando, REA sign MOU for 1.2GW solar energy project in Nigeria 
Energy

Oando, REA sign MOU for 1.2GW solar energy project in Nigeria 

March 19, 2025
Nigeria to fix irregular power supply in 40 years- Senate, Customers to pay for metering through cost of tariff- NERC
Energy

FG to start $750 million World bank rural electrification project next month 

October 3, 2024
Huawei partners with REA to establish solar PV test facility in Nigeria
Energy

Huawei partners with REA to establish solar PV test facility in Nigeria

September 4, 2024
Adebayo Adelabu
Business

FG signs MoU with Chinese firm on renewable energy at Africa-China summit 

September 3, 2024
ICPC , REA , Abubakar Abdullahi Sambo
Legal & Regulations

ICPC to arraign REA officer over N1.8 billion unauthorized project supervision payments

May 15, 2024
Next Post
Corporate boards composition and efficiency: Exploring the essential issues

Exploring the essential issues of corporate board composition and efficiency

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Nigeria recapitalizes Bank of Agriculture with N1.5 trillion, eyes regional food security leadership 
  • NDLEA seizes over 1 million opioid pills in Bauchi, intercepts cannabis, meth in Kaduna, Abuja 
  • Governor Otu seeks PPP Investment for Bakassi $3.5 Billion Seaport Development 

Follow us on social media:

Recent News

Farm infestation

Nigeria recapitalizes Bank of Agriculture with N1.5 trillion, eyes regional food security leadership 

June 22, 2025
NDLEA seizes over 1 million opioid pills in Bauchi, intercepts cannabis, meth in Kaduna, Abuja 

NDLEA seizes over 1 million opioid pills in Bauchi, intercepts cannabis, meth in Kaduna, Abuja 

June 22, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics