Friday, January 15, 2021

Federal Government makes new move to solve Nigeria’s energy supply challenge

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The Presidency says it will deliver 5 million solar systems to 25 million Nigerians previously not connected to the national grid though Solar Home Systems, under the Economic Sustainability Plan (ESP).

The Senior Special Assistant (SSA) to the President on Media and Publicity, Office of the Vice-President, Laolu Akande said the solar system would be provided at N4,000 monthly over a three-year period.

Akande was responding to enquiries about the cost of the ESP solar programme, tagged: Solar Power Naija, for which installations will start next month

The presidential aide said the ESP solar programme was being implemented by the Rural Electrification Agency, and the programme was designed to boost the current efforts to fix Nigeria’s energy supply challenge.

Akande said the Solar Home System is scheduled for inauguration this week.

The presidential aide said priority would be given to Nigerians residing in rural areas and urban settlements, either under-served or totally cut off the national grid.

According to him, an important aspect of the scheme is the option of outright ownership by beneficiaries at a cost ranging from N1,500 per week to N4,000 monthly, depending on the capacities, for a period of three years.

He said the arrangement allows as many as 25 million Nigerians to own personal solar systems in their homes.