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World Bank Plans Additional $750m Grant To Support Nigeria Electrification Project
Published
2 years agoon
By
Editor
The World Bank has disclosed that it was considering supporting the Nigeria Electrification Project, NEP, with another $750 million grant.
The initial $350 million NEP grant ends in August, 2023. The NEP seeks to bridge the energy access deficit by providing electricity to households, MSMEs, educational and healthcare facilities in unserved and underserved rural communities through the deployment of mini-grids, Solar Home Systems, captive power plants, and productive use appliances. The mini-grid component of the project has a $48 million allocation.
World Bank Director of Strategy and Operations, Western/Central African Region, Ms Elizabeth Huybens who disclosed this when she inspected two 60 kilowatt solar-powered mini-grids in Kilankwa I and Kilankwa II communities in Kwali LGA, Federal Capital Territory, said she was impressed by the system put in place by the project.
READ ALSO: DisCos Formally Issue Notice Of Electricity Tariff Hike
The mini-grids which were built under the performance-based grant of NEP were founded by the World Bank.
Ms Huybens explained that access to electricity was a priority goal for the World Bank as it was one of the fastest routes to get people out of poverty.
According to her, “These mini-grids really will help Nigeria provide access to electricity to many more people faster than it could have done with just extending the national grid. I’m very impressed that the system of mini-grids in small communities works and that there is also the foresight how one can optimize the use of the electricity generated to expand productive activities in the community like this rice mill we have just seen.
“We believe that access to electricity for all is one of the most important goals to pursue for any country because without electricity, it’s very hard to think about how communities can really live, if you don’t have electricity, kids cannot study at night. Nobody can have a refrigerator.
READ ALSO: Electricity Tariff Hike: NLC, TUC, CSOs Blow Hot
“We cannot move towards electric vehicles if we don’t have electricity. In fact, you cannot even charge your cell phone without electricity, right. So it’s hard for me to think about modern life without electricity. It’s hard for me to think about reducing poverty without access to electricity. And since the World Bank’s overarching goal is to help countries eradicate poverty, we need to help countries provide access to electricity to their populations.”
On plans to expand the project, she said: “The first Nigeria electrification project that we see at work here, which I believe was $350 million, is coming to a close and so we are preparing a successor project that will be $750 million.
“So we are definitely expanding our support to something that we think is really critical and on which, by the way, Nigeria is leading the world with this sort of small grid development”, she added.
She expressed the hope that the setting up of mini-grids across the country through the NEP would reduce the reliance of petrol-powered generators used by households and businesses, especially in the face of the recent removal of subsidies on petrol.
Giving a technical detail of the project, Managing Director of the Rural Electrification Agency, REA, Engr. Ahmad Salihijo Ahmad explained that about 300 homes and businesses are connected to the 60KW mini-grid.
READ ALSO: SERAP Sues Buhari Over Failure To ‘Reverse Unlawful Electricity Tariff Hike’
“This is a performance grant-based project of the World Bank. The project is serving about 300 connections, it has been operational for some time now. So we are privileged to have come here with the director from the World Bank to see how it is performing.
“We are working on productive use and ensuring that we have energy-efficient equipment connected to the minigrid”, he stated.
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US law enforcement officials in Minnesota said the suspected killer of a Democratic state lawmaker and her husband was taken into custody without force on Sunday, after a two-day manhunt.
Vance Boelter, 57, was arrested on Sunday following a two-day manhunt in the Midwestern state, law enforcement officials said.
“There was no use of force by any member of law enforcement that was out there, and the suspect was taken into custody without an use of force,” Minnesota State Patrol Lieutenant Colonel Jeremy Geiger told a press conference.
Recall Trump and US Attorney General Pam Bondi decried the incident as “horrific violence” and said the perpetrators would be prosecuted to “the fullest extent of the law.”
READ ALSO: US Lawmaker Shot Dead, Another Wounded In Targeted Attack
State representative Melissa Hortman — the former speaker — and her husband Mark were killed at their home near Minneapolis, Governor Tim Walz told a press conference.
State senator John Hoffman and his wife Yvette were shot and wounded, the governor said, his voice breaking with emotion. He said officials remained “cautiously optimistic” they would recover.
“This was an act of targeted political violence,” Walz told reporters.
“Peaceful discourse is the foundation of our democracy. We don’t settle our differences with violence or at gunpoint.”
Drew Evans, superintendent of the Minnesota Bureau of Criminal Apprehension, said Hoffman and his wife were shot first, and as police investigated, Hortman and her husband were shot about 90 minutes later.
The suspected gunman was able to escape during an exchange of gunfire with officers near Hortman’s residence, Evans told reporters.
News
Two Friends Jailed 12 Months Each For Stealing Clothes
Published
2 hours agoon
June 16, 2025By
Editor
An inspector of Police in Edo State, identified as Chris from the X-Squad, has been reportedly arrested and detained for allegedly forging an affidavit to remand 22-year-old Aibuedefe Igbinova Grace in correctional custody using the court.
An Area Court in Jos on Monday sentenced friends Michael Auta and Gabriel Sunday to 12 months imprisonment each for stealing clothes valued at N488,000.
The judge, Mrs Shawomi Bokkos, sentenced the convicts after they pleaded guilty to the offence.
The judge, however, gave the convicts an option of a fine of N50,000 each.
She also ordered that they both pay compensation of N200,000 each to the complainant or risk another 12 months in jail for default.
READ ALSO:Court Jails Nine Chinese Nationals For Economic Sabotage, Orders Repatriation
Earlier, the Police Prosecutor, Insp Daniel Damulak, told the court that the case was reported at the B division police station on April 17 by the complainant, one Ms Gift Ernest.
Damulak said the complainant told the police that the accused persons trespassed into her shop and stole clothes valued at N488,000.
He said that during the police investigation, the accused persons confessed to having committed the offence.
The prosecutor said that the offence contravened the Plateau State Penal Code law of Northern Nigeria of 2017.
News
Okpebholo Launches 1bn Interest-free Loan For Edo Traders
Published
2 days agoon
June 14, 2025By
Editor
Governor Monday Okpebholo of Edo State, has officially launched a ₦1 billion interest-free loan scheme, as part of the fulfilment of his campaign promises.
The governor at the launching also said it was a direct alignment with President Bola Tinubu’s Renewed Hope Agenda for national progress.
Okpebholo, addressing market women and men, described the initiative as a beacon of hope for over 5,000 farmers and small business owners across the state, adding that it would inject vitality into grassroots commerce.
He said “There is an adage: follow who knows the road. That is why we decided to follow the footsteps of our President, Bola Ahmed Tinubu.”
READ ALSO: Okpebholo Prioritises Security, Workers Welfare, Says Idahosa
He added, “Today, what we are doing in Edo State is the implementation of the agenda of the President. We thank God for the kind of leadership He has given to Edo State and Nigeria. Now, it is time for the progress for our people.”
The Governor underscored the personal commitment behind the scheme, recalling his campaign promise to provide soft loans.
He emphasized that this N1 billion fund was the fulfillment of that pledge, but with a crucial safeguard.
“I just wanted to be sure that this money will not go into the wrong hands. That is the essence of this gathering. Because, with my past experience, whenever the Executive gives out loans, the money does not get to the grassroots,” Okpebholo noted.
READ ALSO:Join Govt In Fight Against Hunger, Okpebholo Urges Nigerians
“If you do not get this, come back to me and report.” He also revealed that this initial rollout is a “pilot test,” with its success paving the way for future replications of the scheme.
In his statement, Honourable Commissioner for Finance, Emmanuel Ehidiamen Okoebor, said: “It is with great pride and a sense of responsibility that I stand before you today to welcome everybody to this occasion of the launching of the N1 billion interest-free loan to Edo people, our traders, our market women, our brothers and our fathers in the state,” he declared.
Okoebor said the scheme would “boost the economy of our rural areas and semi-urban areas, create jobs, and reduce poverty.”
He added, “Now, he has come to empower the people.” Crucially, he explained the zero-interest feature that sets this loan apart. “Before now, our mothers collected loans and paid 10% on N200,000. For this, there is no interest. You pay back what you borrowed.”
“Each of the 5,000 beneficiaries will receive N200,000, with a generous 12-month repayment period and a one-month moratorium, offering vital breathing room for businesses to stabilize.”
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