The Executive Director of Technical Services at Nigeria’s Rural Electrification Agency (REA) Barka Sajou, has said the the country needs as much as $10 billion to deliver more energy connections within the rural areas.
Mr Sajou spoke on Tuesday during the agency’s event at the Nigerian pavilion on the sidelines of the ongoing United Nations Climate Change Conference (COP27) in Egypt.
President Muhammadu Buhari was represented at the event by the Minister of Environment, Mohammed Abdullahi, who said the country must shy away from public funding to avert energy poverty.
On $10 billion fund
According to Mr Sajou, COP27 is an opportunity his agency has taken advantage of to show the work it has been doing within its off-grid space.
“Of course, there is a need to do more. The financing required is what we have been able to present. As it stands, we need about $10 billion for us to be able to deliver more connections,” Mr Sajou said, adding that: “We have been able to…
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