Energising Markets : Slow Pace of Implementation hinders completion of the project

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The Energizing Economies Initiative (EEI) is a Federal Government of Nigeria initiative implemented by the Rural Electrification Agency (REA) that aims to support the rapid deployment of off-grid electricity solutions to MSMEs in economic clusters (such as markets, shopping complexes and agricultural/industrial clusters. The energizing market project is aimed at improving the energy situation of major markets around the country which in tsurn drives economic growth and development. The project has been divided into phases of execution pilot phase of the programme are: Sabon Gari market in Kano state, Ariaria market in Abia State, and Sura Shopping Complex in Lagos state, other markets have been added to the list of markets to benefit from the programme to fulfil the promise made by the President. According to data available from EEI: 81,691 shops have been energized across the markets/hubs in the first phase of the implementation of the programme, but not all the shops in the markets/hubs have been connected to the grid. Markets across the South-West region have been identified and audited for the second phase of implementation and the third phase have markets around the country identified for the project. The slow pace of the implementation of the project jeopardizes the completion of the project in its entirety, the status of the project will continue to be monitored for the update.

This promise is rated In the works.

Reference:

Energizing Economies Initiative. “Phase 1 Markets”

https://eei.rea.gov.ng/phaseimarkets/

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