Categories: Business

FG begins N140bn solar power project for 25 million Nigerians

The Federal Government says it has commenced the implementation of its plan to deliver electricity, through solar energy, to about 25 million Nigerians whose communities are not connected to the national power grid.

Vice President Yemi Osinbajo, disclosed this  during an event to mark the programme in Jangefe, Roni Local Government Area of Jigawa State.

He restated the determination of the President Muhammadu Buhari administration to give more Nigerians access to cheap and environmentally-friendly renewable power.

Osinbajo said the Solar Power Naija programme had commenced across the six geopolitical zones in six states, namely: Edo, Lagos, Adamawa, Anambra, Kebbi and Plateau, in the first phase.

He added that it would then move to the entire 36 states and the nation’s capital, covering 25 million Nigerians.

Jangefe community got 1,000 solar home system connections for its about 5,000 population, as part of a 100,000 scheme, with a local solar power company implementing aspects of the scheme.

Osinbajo said, “The President had emphasised that we could no longer rely solely on the grid if we were to electrify the whole country, which meant that we had to develop an effective strategy for decentralising power supply.

“The Solar Power Naija programme, which is designed by the Rural Electrification Agency (REA), is an ambitious initiative that aims to create five million connections through a N140 billion financing programme that will support private developers to provide power for five million households, which means providing electricity for up to 25 million Nigerians.”

He also said that the programme was a Public Private Partnership arrangement supported by concessionary lending via the Central Bank of Nigeria and commercial banks.

He emphasised that structures had been put in place to make the cost of the connections affordable for the target communities.

Osinbajo explained that the government had provided subsidies and rebates for private developers to the tune of over $200 million under the REA and World Bank Nigeria electrification programme.

He commended the Jigawa State Governor, Abubakar Badaru; the Emir of Kazaure, and other critical stakeholders for their role in ensuring the implementation of the programme in the community.

The vice president further commended the Emir of Kazaure, who made a down payment for the community to benefit from the solar connections, stating that the decision facilitated the programme.

Earlier, Badaru said the FG’s support to the states, despite declining resources, had been unprecedented since 2015.

He recalled how the Buhari administration gave a bailout to states to pay salaries and the payment of the long outstanding refund from the Paris Club debts.

Badaru also listed that the school feeding programme and other schemes, saying apart from impacting the economy, they had improved school enrolment from about 600,000 to over a million since their implementation.

The event was attended by Governor Abdullahi Ganduje of Kano State; Minister of Power, Mr Saleh Mamman; Minister of State for Power, Mr Goddy Jeddy-Agba; Managing Director of REA, Salhijo Ahmad; Managing Director, Niger Delta Power Holding Company, Mr Chiedu Ugbo; and Director-General, Bureau of Public Enterprises, Alex Okoh, among others.

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