Nigeria, others to benefit from 300million dollars World Bank-CTF-DGIS ROGEAP project

In order to further strengthen the electrification of public institutions within the African region, the World Bank, with co-financing from the Clean Technology Fund (CTF) and Directorate General of International Cooperation (DGIS) of the Government of the Netherlands is set to invest 300million dollars under the Regional Off Grid Electricity Access Project (ROGEAP) in Nigeria and other 18 African country.

The President of ECOWAS Commission, Dr Omar Alieu Touray, Commissioner for Infrastructure, Energy and Digitalisation Mr Sédiko Douka, disclosed this at the opening ceremony of the workshop related to stakeholders dialogue and engagement of relevant stakeholders for the electrification of public institutions Under the framework of the implementation of th REGIONAL OFF GRID
ELECTRICITY ACCESS PROJECT – ROGEAP.

The project is framed in the ECOWAS Program on Access to Sustainable Electricity Services (EPASES), directly contributing to the goals of the ECOWAS Regional Renewable Energy Policy (EREP) with a target to provide universal access to electricity to the region by 2030.

The President of ECOWAS Commission, and Commissioner for Infrastructure, Energy and Digitalisation who were jointly represented by El hadji Sylla noted that the project Covers ECOWAS REGION and Chad, Cameroon, Central African Republic and Mauritania.

He also explained that the ROGEAP project has two components which includes; developing a regional market; access to finance for stand-alone solar system businesses, saying that ECOWAS Commission is the Technical Implementing Agency and Banque Ouest Africaine de Développement (BOAD) acts as the Financial Intermediary Agency.

According to the joint ECOWAS representative, in order to improve the access to electricity in the Region and Sahel Countries, the project will identify policy barriers affecting the growth of the stand-alone solar market; create awareness among the government policy makers on the benefit of removing such policy barriers; and provide targeted support to remove barriers in challenging markets.

The project would equally help the countries adopt the Common External Tariffs (CETs) to facilitate cross-border trade of standalone solar products; develop a regional quality assurance framework to facilitate supply of eligible stand-alone solar products across the 19 project countries; build human capital and increase entrepreneurial activities.

The project would equally provide access to finance to solar companies and beneficiaries in this new line of business; and reduce risk of promoting new technologies and business models for the electrification of public institutions such as health centres, and Schools.

The Minister of Power in his opening remarks said the workshop is a significant step towards our collective goal of providing sustainable and reliable electricity access to our rural communities.

The Minister emphasized that access to electricity is a fundamental driver of socio-economic development, and essential for improving the quality of life, enhancing educational opportunities, reducing poverty, and fostering economic growth.

He however, urged participants at workshop to
exchange ideas, share best practices, and explore new opportunities for collaboration as on the next steps in the implementation of yet another project that will bring Nigeria and other African nations closer to achieving our sustainable energy for all ambition.

The Director, Internationiona Cooperation Dept, Dr. Sampson Ebimaro, Represented by Mr. Fidelis Akpogu from the Fed. Ministry of Budget and Economic planning
on behalf of the Government of Nigeria appreciated the partners for the laudable initiative, which has rekindled hope and brought solution to the long-standing power crisis in the country.

“It is hoped that the various planned activities of establishing inventory and electricity needs of public institutions, and the business model for electrification of public institutions will bring succor to the Nigerian citizens,” he said.

He noted that the recommendations emanating from the meeting will help in policy formulation and improvement of electrification of public institutions and promoting a business-friendly ecosystem to attract potential investor to the country.

Similarly, Dr Muyibat Olodo Director, Technology and Science Education, Federal Ministry of Education noted that focusing on off-grid solutions, will not only bridge the electricity gap various institutions, but will also help them thrive in ways that were previously impossible.

She emphasized that collaboration is the cornerstone of success for this project.

Facebook Comments Box
Copyright 2024 ROYAL NEWS. All rights reserved. Digital material on this website, may not be published, reproduced, broadcast, rewritten or redistributed in whole or in part without prior express written permission from ROYAL NEWS.
 

For Adverts and News/Event Coverage, contact 08061346946, 07030849251. Or email info@royalnews.com.ng

Download ROYAL NEWS app

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe

spot_img

Latest News

More like this
Related

Nigeria @64: FG declares Tuesday public holiday

The Federal Government has declared Tuesday, October 1, 2024,...

EFCC assures of action on alleged misappropriation of fund against Tinubu’s Minister, Bello Matawalle

The Economic and Financial Crimes Commission (EFCC) has assured...

NSCDC Arraigns Teenager for Arson, Theft In Kwara

The Nigeria Security and Civil Defence Corps (NSCDC), Kwara...

Ilorin Court dissolves marriage over lack of money by husband

An Area Court at Centre-Igboro in Ilorin on Wednesday,...

Senate summons Works Minister over deplorable old Oyo-Ogbomoso road

Senate on Wednesday summoned the Minister of Works, Senator...

AHUON funds are trapped with NAHCON, CBN— President

...As NAHCON refutes allegations The Association for Hajj and Umrah...

Senate tinkers with N/W, S/E Commissions Acts over MD, Chairmanship positions

As South-South Commission bill passes second reading Senate on Thursday...

Tinubu’s Minister, Imaan Sulaiman-Ibrahim bags Honorary Doctorate In Ghana

The Honourable Minister of State for Police Affairs, Hajia...

Lawmakers approve N288bn supplementary budget for FCTA

The House of Representatives on Thursday approved the release...

Nigeria @64: NILDS DG pledges continuous supports to NASS

The Director General National Institute for Legislative and Democratic...

Kwara APC crisis: Why we oppose replacement of Bolarinwa as chairman- C’ttee

The Caretaker Committee of the All Progressives Congress (APC)...

Tinubu appoints Taiwo Oyedele as Tax Reform Chairman

Nigeria's President, Asiwaju Bola Tinubu, has approved the establishment...

Regina Daniels resumes acting, says she’s excited to return to Nollywood

Billionaire wife and mother of one, Regina Daniels has...

Kaduna: Kidnappers abduct director, demand N40m ransom

By Philip Yatai A group of suspected kidnappers who abducted...

FG owes road contractors N392bn

Minister of Works and Housing, Babatunde Raji Fashola, said...

Wizkid’s new album reveals insight to background in Lagos

Nigerian musical icon, Ayodeji Balogun popularly known as ‘Wizkid’s...

Mass defection hits Kano PDP as 25, 000 supporters join APC

About 25,000 members of the Kwankwasiyya movement of the...

Nigeria To Transport 30Million Tons Of Cargoes Annually By Rail—FG

Aminat Isah, Abuja The Federal Government has revealed that Nigeria...

Diabetic patients to replace insulin with pills

Diabetes sufferers might soon be able to take pills...