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13m Nigerians to Benefit from World Bank’s $750m Renewable Scale-up Programme –Adelabu

The federal government yesterday disclosed that over 13 million Nigerians will benefit from the takeoff of the $750 million of Nigeria’s Distributed Access through Renewable Energy Scale-up (DARES) programme, an initiative backed by the World Bank.

The Minister of Power, Adebayo Adelabu, said this in Abuja at the 2024 Rural Electrification Agency (REA) Stakeholders Engagement Workshop themed: “Powering Partnerships for Sustainable Energy Access and Innovation.”

Adelabu said that the government was also on course to deliver an additional 150 to the grid while impacting 14 existing substations and establishing 21 new ones.

“The team at the Rural Electrification Agency (REA) has also been hard at work as we approach the kick-off of the Distributed Access through Renewable Energy Scale-up (DARES) programme, which I believe many of you must have heard about.

“Our partners at the World Bank have committed $750 million to this groundbreaking project and we are certain that over 13 million Nigerians will be impacted through the DARES,” the minister, who was represented by the Director of Renewable Energy and Rural Access at the ministry, Sunday Owolabi, explained.

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