BoI Electrify More Rural Communities

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The Bank of Industry, (BoI) has intervened to give rural settlers access to power, in its ‘rural electrification project’.
The initiative is aimed at providing electricity to the millions of rural dwellers who do not have access to the national grid and also sensitise Nigerians to alternative renewable energy sources.
BoI recently commissioned a 24 kilowatt (KW)-stand-alone solar electrification plant for the residents of Charwa/Chakun, an off-grid community in Markafi Local Government Area of Kaduna State.
The N32 million-micro grid solar project is the sixth pilot programme to be built by the development finance body in conjunction with the United Nations Development Programme UNDP, which is said to have cost both organisations over N240.6million.
Many rural communities including Bisanti, in Katcha LGA of Niger State, Ogbekpen, Ikpoba, in Okha LGA, of Edo State, Onono, Onibambu in Ife-North LGA of Osun State, Anambra West LGA, of Anambra State and Kaltungo LGA, Gombe State have also benefitted from the BoI/UNDP project. Energynews reports.

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