Five Million Households To Get Solar Home Systems In One Year – Nigerian Government

The Federal Government has concluded plans to provide solar home systems to no fewer than five million households in the next one year.

President Muhammadu Buhari disclosed this on Monday at the first-year Ministerial Performance Review Retreat held at the Presidential Villa in Abuja.

The President, who was represented at the event by the Vice President, Professor Yemi Osinbajo, said, “In addressing the power problems, we must not forget that most Nigerians are not even connected to electricity at all.”

“So, as part of the Economic Sustainability Plan (ESP), we are providing solar home systems to five million Nigerian households (impacting up to 25 million individual Nigerians) in the next 12 months,” he added.

According to the President, the government has already begun the process of providing financing support for manufacturers and retailers of Off-Grid Solar Home Systems and Mini-Grids, who are to provide the systems, through the Central Bank of Nigeria (CBN).

He believes the five million systems under the ESP’s Solar Power Strategy will produce 250,000 jobs and impact up to 25 million beneficiaries through the installation.

President Buhari explained that this would translate into more Nigerians having access to electricity via a reliable and sustainable solar system.

He stated that the support to solar home system manufacturers and the bulk procurement of local meters would create over 300,000 local jobs while setting Nigeria on a path to full electrification.

 

 

– Channelstv

About Don Saint

PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298.

No comments yet... Be the first to leave a reply!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: