Nigeria needs $23bn to fix power sector — REA boss

The Punch | 21-08-2026 05:04pm |

The head of Nigeria's Rural Electrification Agency (REA) has stated that the country requires an additional $23 billion in investment to improve its power sector. The demand for electricity is surging due to population growth and the rise of artificial intelligence technologies. This investment is crucial for addressing the nation's energy challenges and supporting economic development.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.