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Nigeria will benefit from $22.5m electricity grant –  World Bank confirms

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World Bank

Nigeria has been counted among countries that will benefit from a $22.5 million World Bank funding for the regional off-grid electricity access project (ROGEAP) in West and Central Africa.

This was confirmed in a statement released by the World Bank in  Washington DC, US, saying the intervention is in form of grants from the International Development Association (IDA) and the Clean Technology Fund (CTF).

The organisation explained that the project is designed for Nigeria and 18 other countries in West and Central Africa, 15 of which are members of the Economic Community of West African States (ECOWAS).

Techeconomy.ng gathered that the countries are Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia and Mali.

According to the bank, the project is expected to contribute to human capital development by electrifying public health centers and schools.

The statement read in part: “For instance, it will apply in farming communities which can use solar water pumps for irrigation, solar milling equipment for product transformation and solar refrigerators to bring products to market.

“The project will support the small and innovative business enterprises through solar home systems and will make an impact in economic recovery, following the coronavirus pandemic.”

 

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  1. Pingback: Nigeria Will Benefit From $22.5m Electricity Grant –  World Bank Confirms | Techvalley

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