REA Signs MoU With Oando Clean Energy to Boost Nigeria’s Renewable Sector

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Nigeria’s Rural Electrification Agency, REA, has penned a Memorandum of Understanding with Oando Clean Energy Limited (OCEL) to deploy sustainable renewable energy systems across Nigeria.

The Managing Director of the agency, Mr. Ahmad Salihijo-Ahmad revealed this in Abuja, the nation’s capital, and said the signing of the MOU would boost collaboration between the private sector and the government.

Mr Salihijo-Ahmad explained that one of the best ways to mitigate the effects of subsidy removal in Nigeria is through the exploitation of opportunities to optimise the critical role of renewable energy.

He expressed his delight over the REA – Oando partnership, saying that “it will bring about mutually beneficial collaboration, knowledge exchange and experiences all targeted at achieving the common goal of optimising renewable energy in the country.”

On his part, the Executive Director, Technical Services at the REA, Mr Barka Sajou while explaining the Agency’s shift in paradigm on the delivery of fit-for-purpose electrification projects, explained that “delivering on sustainable energy access across the nation must go beyond just connections and rather serve as an enabler of growth in communities while targeting electrification projects to people’s sources of livelihood”.

Also, the Head of the Solar Power Naija Programme, Barbara Izilien, explained that the Agency continues to deepen private sector engagements, targeted at drawing in funding sustainably while expanding access across the nation. Izilien stated that the intention for this collaboration is to encourage private sector investment to deploy sustainable renewable energy projects across the country.

According to her,  the company is trying to grow the funding of the ‘Solar Power Naija’, stressing that the MOU signing will support the expansion targets of the REA in providing energy access to communities in the country.

The repositioned REA has, over the years, strengthened ties with key stakeholders in the private sector and the development space. Beyond that, the Agency has realigned itself with the State governments through the Nigeria Governors Forum.

The Rural Electrification Agency (REA) is the Implementing Agency of the Federal Government of Nigeria under the Federal Ministry of Power tasked with the electrification of unserved and underserved communities to catalyze economic growth and improve the quality of life for Nigerians.

The Agency was established under part IX, Sections 88- 89 of the Electric Power Sector Reform Act (EPSRA), 2005.

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