The Productive Use of Equipment (PUE) and appliances, according to the Rural Electrification Agency (REA), will enable it to offer 24,500 micro, small, and medium-sized companies (MSMEs) with energy-efficient power.
The effort, which would guarantee that 1,050,000 people have enhanced access to energy services, would be carried out under the Nigeria Electrification Project (NEP), the REA management said in a statement issued in Abuja on Sunday.
The PUE is a component of the agency’s efforts to guarantee that rural and underprivileged populations have unrestricted access to energy-efficient and electricity-producing equipment, according to the agency.
The African Development Bank (ADB) is supporting the initiative, according to REA managing director Salihijo Ahmad, who spoke while signing the grant agreement to use the equipment and appliance.
He said the PUE will determine how long off-grid energy infrastructure would be used in different parts of the nation.
“The PUE will encourage the use of low-cost productive appliances in unserved and underserved communities to improve rural productivity, economic growth, and also rural development,” the REA head said. “We are here to sign the grant agreement for the Nigeria Electrification Project (NEP) under the African Development Bank funding stream for the productive use appliances component.”
In addition, Mr. Ahmad said, “At REA, our mandate is to provide access to electricity to underserved and unserved households as well as MSMEs in rural communities of Nigeria.”
The REA managing director said that the organization has supported and collaborated with the private sector throughout its existence to fulfill its purpose.
In addition to keeping the lights on, REA, according to him, consciously maximized the efficient use of tools and appliances to spur socio-economic growth in off-grid villages.
“We are aware of how critical it is for users of off-grid devices to recognize the opportunities that sustainable energy offers. This is why this element is crucial, according to Mr. Ahmad. “Through NEP, which was established to improve access to electricity services for unserved and underserved households and is funded by the World Bank and the African Development Bank.”
MSMEs in rural areas, Federal Universities, and Teaching Hospitals across Nigeria were all mentioned by Mr. Ahmad.
He asserts that the occasion represents a turning point in implementing the ADB-funded National Energy Programme (NEP), which supports energy-access businesses through the energy-efficient productive use subsidy program. He emphasizes the importance of promoting low-cost, effective use of appliances in unserved and underserved communities to increase rural productivity, economic growth, and employment.
The REA head said, “I would want to use this occasion to thank the energy access businesses for their ongoing collaboration. I kindly request that everyone completely support the program’s meaningful goals in order to bring about transformational change.