Federal Government sets target of 8-hour uninterrupted power supply in 2024 for small scale Businesses
The Federal government is targeting an eight-hour daily power supply to more Micro, Small, and Medium Enterprises (MSMEs) across the country in 2024.
Thus, the administration of President Bola Tinubu plans to work closely with the Rural Electrification Agency (REA), a parastatal of the Federal Government.
The Senior Special Assistant to the President on Job Creation and MSMEs, Temitola Adekunle-Johnson, disclosed this during “2023: Year Of Transition,” a Channels Television’s special end-of-year programme.
“We are in deep discussion with the REA. trying to install solar-powered access for MSMEs across many markets,” he said on Sunday.
“What we are doing is that where you have a market that has a cluster of small businesses – maybe a thousand of them – we are trying to power those markets to ensure that these MSMEs come into their businesses daily, they have guaranteed eight hours of light.”
To ensure that the project is a reality, the presidential aide noted that the immediate past administration did a test run in Ariaria Market in Aba, Abia State.
