Nigeria needs $23bn to address electricity challenges, says REA MD

From Isaac Anumihe, Abuja

Managing Director and Chief Executive Officer (MD/CEO) of Rural Electrification Agency (REA), Abba Abubakar Aliyu, has said that Nigeria needs a whooping $23 billion to address electricity challenges in Nigeria and to enhance reliability of supplies.

Aliyu made the disclosure, at the weekend, when he signed a N50 billion Memorandum of Understanding (MoU) with Alpha…