RURAL ELECTRIFICATION AGENCY UNVEILS 500 ELECTRIFICATION PROJECTS IN 170 BILLION-NAIRA 2026 BUDGET

As part of efforts to expand reliable power supply to strategic public institutions and underserved rural communities nationwide, the Rural Electrification Agency (REA) has unveiled an ambitious plan to execute over 500 electrification projects in the 2026 fiscal year.

Its Managing Director Dr. Abba Aliyu, disclosed this while briefing journalists on the sidelines of the 2026 Budget Defense session organized by the House Committee on Rural Electrification in Abuja.

According to him, the agency’s total budget proposal for 2026 stands at 170 billion naira, with 100 billion naira earmarked and approved for the National Public Sector Solarization Initiative — a flagship programme designed to provide sustainable and cost-effective electricity to government institutions.

On budget implementation performance, the Managing Director disclosed that the agency recorded an 85 per cent execution rate for the 2024 budget, adding that despite experiencing low releases of funds in 2025, the agency has so far achieved 32 per cent performance under the current fiscal year.

Earlier, Chairman of the Committee, Rep. Mohammed Bukar, said after detailed scrutiny of the agency’s submissions, the committee was satisfied with the explanations and supporting documentation presented.

Bukar noted that the REA has made measurable progress in expanding energy access through off-grid and renewable energy interventions across rural communities, federal institutions and public sector establishments nationwide.

 

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