The World Bank has unveiled plans to commit additional $750m to deepen access to electricity through the Nigeria Electrification Project (NEP).
World Bank’s Director of Strategy and Operations for Western Central African Region, Elizabeth Huybens, disclosed this while inspecting the 60 KiloWatts Mini Grid project in Kilankwa Community, Kwali Area Council of Abuja.
She said “This is our first national electrification project worth about $350m, it is coming to a close; and we are preparing a successor project that will be $750m. We are definitely extending our support to something that we think is critical and Nigeria is leading the world in small grid development.”
Huybens said that the Kilankwa project would assist the country in providing access to electricity to more people faster than it could have done by just extending the national grid.
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