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Nigeria Loses $25bn Annually to Lack of Electricity – REA MD

Summary by tvcnews.tv
The Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, said on Friday that Nigeria loses at least $25 billion every year due to the lack of electricity. He made this statement in Abuja when the Rural Electrification Agency and Galaxy Backbone signed a Memorandum of Understanding. The goal of the arrangement was […] The post Nigeria loses $25bn annually to lack of electricity – REA MD appeared first on Trending News.
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In Nigeria, more than 85 million people still live without access to electricity. To meet this challenge, ENGIE Energy Access is continuing the deployment of its solar mini-networks with the commissioning of 15 new installations in the states of Niger, Kogi and Nasarawa. These new networks, which total a capacity of 1.4 MW, will provide clean and reliable electricity for about 30,000 people, include households and small businesses. This project …

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Ocean's News broke the news in on Friday, July 4, 2025.
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