airwavesreport airwavesreport
20 Oct 2026
  • Home
  • Business
    • Corporate Personalty
  • Sports
  • Society
    • Events
    • High Profile
  • Entertainment
    • Celebrity
  • Politics
  • News
  • International
  • About Us
airwavesreport airwavesreport
  • Home
  • Business
    • Corporate Personalty
  • Sports
  • Society
    • Events
    • High Profile
  • Entertainment
    • Celebrity
  • Politics
  • News
  • International
  • About Us
Stay Connected

© 2026 AirwavesReport, Alright Reserved.

Home/Business/UN recognises Nigeria for milestones in expanding energy access at lower cost
Business

UN recognises Nigeria for milestones in expanding energy access at lower cost

A new United Nations, UN report has commended Nigeria for achieving significant milestones in expanding reliable energy access at a lower cost through innovative subsidy frameworks and strategic...

Franklin Michael
October 19, 2026 2 Min Read
10 0

A new United Nations, UN report has commended Nigeria for achieving significant milestones in expanding reliable energy access at a lower cost through innovative subsidy frameworks and strategic off-grid interventions that have connected more than 5 million people and created over 5,000 green jobs.

The findings, published in the UN’s World Social Report 2026: The New Economics of Social Inclusion, highlight the impact of the Rural Electrification Agency (REA) in expanding modern energy infrastructure to underserved and unserved communities across the country.

The report also commends Nigeria and Ghana for leading innovative agrivoltaics projects that integrate solar installations directly into working farmlands.

According to the report, this model allows communities to transform their food and energy systems simultaneously by harvesting sunlight twice on the same plot of land to optimise agricultural yields and clean power generation.

Citing the Nigeria Electrification Project (NEP) as a model policy intervention, the UN noted that the strategic subsidisation of rural mini-grids has significantly lowered retail tariffs for vulnerable populations while unlocking substantial private capital.

The report revealed that the initiative has supported the deployment of 125 mini-grids and facilitated the distribution of more than one million Solar Home Systems (SHS).

“Through these interventions, more than 5 million Nigerians now have access to reliable power, backed by targeted subsidies, lifeline tariffs, and pay-as-you-go financing models designed to ensure long-term affordability and widespread access,” the report read in part.

The UN also emphasised that targeted subsidies and differential pricing frameworks remain vital to ensuring an equitable energy transition. By prioritising energy efficiency and off-grid solutions in low-income areas, developing nations can secure high returns on investment, reduce disparities in energy access, and stimulate local enterprise.

Reacting to the global recognition, the Managing Director and Chief Executive Officer of the REA, Abba Aliyu, said the report validates the agency’s core philosophy that rural electrification extends far beyond counting megawatts.

“It is about building an energy ecosystem that drives economic productivity and uplifts livelihoods,” he said.

Aliyu also commended President Bola Ahmed Tinubu for championing what he described as the world’s largest publicly funded renewable energy portfolio, noting that the agency has now facilitated more than 1,000 mini-grid installations nationwide.

He added that the REA’s expanding footprint continues to strengthen agro-processing, improve agricultural yields, and bolster national food security by powering irrigation systems, cold storage facilities, and rural cottage industries.

Aliyu cited the recent commissioning of a 1MW mini-grid project in Gombe State as an example of the agency’s efforts to expand energy access and support rural economic activities.

Share Article

Franklin Michael

Previous Post

Nollywood actress Adunni Ade loses mother

Categories
Business Business
Economics Economics
Politics Politics
World World
Celebrity Celebrity
Advertisement
Recent Posts
UN recognises Nigeria for milestones in expanding energy access at lower cost
By Franklin Michael
Nollywood actress Adunni Ade loses mother
By Franklin Michael
BREAKING: Tinubu extends tenures of Immigration, Correctional Service heads
By Franklin Michael

You Might Also Like

Business

UN recognises Nigeria for milestones in expanding energy access at lower cost

No Comment
10 Views
Business

₦156BN DEBT BATTLE: UBA SCORES MAJOR COURT VICTORY OVER VASWANI BROTHERS, STALLION GROUP AS JUDGE BACKS RECEIVER

No Comment
52 Views
Business

Bodex Media Announces December 10 for BSMH 7.0 as 3,000 Students from 20 Institutions Set to Gather at UNILAG

No Comment
72 Views
Business

Dangote Refinery: N6.3tn net profit, IPO extension, import licence appeal, other keys developments

No Comment
55 Views
airwavesreport airwavesreport

AirwavesReport.com is a digital news platform developed exclusively for Nigerians to report the news as it happens.

Services

  • About Us
  • Advertise
  • Privacy Policy
  • Submit a Tip

Categories

  • Business
  • Sports
  • Society
  • Entertainment
  • Politics

Contact Us

Call :

+1 377-586-3230

E-mail :

mail.airwavesreport@
gmail.com

Follow Us

  • Home
  • Contact
  • Complaint

© 2026 AirwavesReport, Alright Reserved.