FG targets eight-hour Power supply to more MSMEs in 2024

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In 2024, the Federal Government plans to provide eight-hour power to more Micro, Small, and Medium Enterprises (MSMEs) across the country.

In doing so, President Bola Tinubu’s administration would collaborate closely with the Rural Electrification Agency (REA), a Federal Government parastatal.

Temitola Adekunle-Johnson, Senior Special Assistant to the President on Job Creation and MSMEs, stated this at “2023: Year of Transition,” a Channels Television special end-of-year broadcast.

“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 sees the light of day, the presidential aide noted that the immediate past administration did a test run in Ariaria Market in Aba, Abia State.