The Rural Electrification Agency (REA) yesterday said it has completed N28.7 billion projects out of its N31.7 billion allocation in 2023.
Its Acting Managing Director, Abba Aliyu, said this during the presentation of REA 2023 Capital Project Implementation Report in Abuja.
He said: “In total, out of the 2023 capital implementation we have completed a project of over N28.7 billion. Out of the N31.7 billion allocated to REA we still have about N3.3 billion projects that are ongoing, which we hope to complete in the next two months.”
He said the agency deployed N626million for the development of mini-grids that will drive electric vehicles deployment in the country.
Aliyu said: “REA agency has also utilised N626 million for the deployment of different mini-grids across the country. These mini-grids specifically focus on enhancing electric vehicle deployment.”
He also said N446 million was utilised in deploying mini-grids that would electrify electric vehicles across the six different geopolitical zones in the country which is a programmatic event that has been tested by REA and will be scaled up.
