HomeBusinessAI partnership to guide deployment of $750m rural electrification fund – REA

AI partnership to guide deployment of $750m rural electrification fund – REA

The Rural Electrification Agency (REA) has renewed and expanded its partnership with German technology company VIDA to deploy artificial intelligence (AI)-driven data and analytics in guiding the implementation of Nigeria’s $750 million rural electrification programme, aimed at providing electricity to 17.5 million Nigerians.

 

The renewed collaboration, formalised through the signing of a joint statement in Abuja on Wednesday, is expected to strengthen data-driven planning for the deployment of renewable energy infrastructure, ensuring that public investments are directed to underserved communities in the most cost-effective manner.

 

Speaking at the signing ceremony, Abba Abubakar Aliyu, Managing Director and Chief Executive Officer of the REA, said reliable data is critical to achieving universal energy access, particularly in a country with one of the world’s largest populations without electricity.

 

According to him, President Bola Ahmed Tinubu has approved $750 million in funding for the agency to electrify 17.5 million Nigerians through

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