News
Korean Govt. boosts rural electrification in Nigeria with $12m
The Government of South Korea has boosted rural electrification in Nigeria with the sum of $12.4 million in aid. The fund is to be disbursed for the construction of a solar mini-grid project, which include the mini grids in non- electrified rural communities in the satellite towns around Abuja.
The mini-grid project is to cover the gap in the rising energy demand and guarantee stable power supply in rural communities across Nigeria.
The foreign aid is a green aid project of the Korean government official Development Assistance programme for Nigeria.
The Nigerian and Korean government signed an Agreement on August 27, 2018, providing a basis for technological support and related policies to develop the Nigeria Electrification project (NEP) supported by the World Bank.
-
Crime1 week agoAnambra Police arrest mother over alleged child sexual exploitation
-
Business6 days agoJetour Nigeria, dealers take dashing, other models to Abuja Experience
-
Business1 week agoDangote Refinery IPO shifts spotlight to corporate governance, investor protection
-
Business3 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business4 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business5 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business1 week agoNaira gains ground as Euro holds around N1,548, reserves hit 18-year high
-
Business1 week agoNCAA warns United Nigeria Airlines over fleet capacity, passenger disruptions