The World Bank has revealed plans to construct 1,000 mini-grid power plants nationwide as part of the Nigeria Electrification Project (NEP) and to fulfill its commitment to support rural electrification in Nigeria.
The initiative was disclosed by the president of the World Bank, Ajay Banga, when he inspected a mini-grid power plant located at Petti village in Kwali, Abuja.
According to him, the World Bank planned to allocate $750 million through the Nigeria Electrification Project to boost rural electrification and enhance electricity accessibility for Nigerians. ALSO READ:
The mini-grid site at Petti village is a collective effort of the World Bank and the Nigeria Rural Electrification Agency. The power plant helps to power small businesses and public buildings, schools and health centres inclusive.
The security of women and children in the area has also improved through the installed public lighting. The mini-grid power plants provide a reliable, sustainable energy source that transforms lives and promotes economic growth.
With the support of the World Bank, the project aims to bridge the electricity gap and promote socio-economic development in remote regions.