Support Infographics Daily News Dotcom

Podcasts.

USAID reports that 85 million Nigerians do not have access to electricity.

-

The US Agency for International Development (USAID) proclaimed that 85 million Nigerians lack access to electricity. Melissa Jones, Mission Director for USAID, disclosed this at a conference titled "Powering Nigeria: Mobilizing Private Capital," hosted by Chapel Hill Denham in Lagos.
She emphasized the critical role of the private sector in financing infrastructure development, noting that lack of reliable electricity hampers productivity and economic growth in Nigeria.
Jones highlighted USAID's efforts through initiatives like Power Africa and Prosper Africa, in partnership with Chapel Hill Denham, to mobilize approximately $4.5 million for both on-grid and off-grid power projects. These initiatives have already facilitated significant institutional capital investments, totaling 245 billion Naira, including 33 billion Naira directed towards renewable energy projects aimed at providing clean energy to underserved communities.
Bolaji Balogun, CEO of Chapel Hill Denham, underscored the importance of infrastructure investment for Nigeria's development goals, sustainable prosperity, and job creation. He expressed optimism about leveraging innovative infrastructure solutions showcased at the conference to attract further investment and drive developmental impact in Nigeria.

Comments

Post a Comment

Popular posts from this blog

Arsenal 4-1 Newcastle: 'Efficient' Gunners showing 'no fear'

-
Image
  Arsenal beat  Newcastle  4-1 in the Premier League on Saturday. It was the Gunners' sixth successive victory in the league. They have scored 25 goals and conceded just three in that run. Arsenal are the sixth side to win their first six Premier League matches of a calendar year - the last three have won the title. "We are living the dream," Arsenal captain Martin Odegaard told TNT Sports as his side moved two points behind leaders Liverpool in third. "We have all dreamed of being here. You see every week how competitive it is and that is where we want to be - we want to fight for trophies." While Arsenal have won every game they have played in the Premier League in 2024, they did lose to Porto in the first leg of their Champions League last-16 tie in midweek, conceding a stoppage-time goal. But they responded in style with four goals in a 4-1 win against Newcastle on Saturday. "They look like a team really upset with the midweek performance. Their press a...
Read more

Protest Erupts in Abuja Over Demolition of Homes by FCT Minister Wike

-
Image
  Residents of Ruga, a settlement along Airport Road in Abuja, staged a protest on Friday against the demolition of their homes by the FCT Minister, Nyesom Wike. The demolition was part of the minister’s initiative, *Operation Sweep*, aimed at clearing areas within the capital deemed as nuisances and hotspots for criminal activities. The protest was led by prominent lawyer and activist Deji Adeyanju, alongside Vincent Martins Otse, also known as VeryDarkMark. They accused Wike of carrying out the demolitions with malicious intent, claiming the task force destroyed numerous homes and property worth millions of naira. Adeyanju expressed concern for the displaced residents, many of whom had fled conflict zones in northern Nigeria, including Borno, Adamawa, and Yobe states. He appealed to President Bola Tinubu to consider the hardships faced by these displaced individuals, most of whom are artisans struggling to survive. He condemned the demolitions as excessive and unjustified, urging...
Read more

AFCONQ: Osimhen Makes Return as Eguavoen Names 23-Man Squad for Rwanda and Benin Matches

-
Image
  Super Eagles interim coach, Austin Eguavoen, has announced a 23-man squad for Nigeria’s upcoming 2025 Africa Cup of Nations (AFCON) qualifiers against Rwanda and Benin. The squad sees the return of star players Victor Osimhen and Sadiq Umar as the 2013 AFCON champions aim to secure their spot in next year’s tournament in Morocco. Currently leading Group D with 10 points, Nigeria has earned six points from their encounters with Libya and needs just one more point to guarantee qualification for the 2025 AFCON. Full Super Eagles Squad - Goalkeepers: Stanley Nwabali, Maduka Okoye, Amas Obasogie - Defenders: Bright Osayi-Samuel, Calvin Bassey, William Troost-Ekong, Ola Aina, Bruno Onyemeachi, Gabriel Osho, Victor Collins - Midfielders: Alex Iwobi, Frank Onyeka, Raphael Onyedika, Wilfred Ndidi, Alhassan Yusuf, Fisayo Dele-Bashiru - Forwards: Ademola Lookman, Samuel Chukwueze, Victor Osimhen, Moses Simon, Kelechi Iheanacho, Victor Boniface, Umar Sadiq The Super Eagles will first...
Read more