Jangefe Joni local government area of Jigawa state invest on renewable energy, through the help of Nigeria administration team.
Ninja program which kicked off in Jigawa state and the plans to utilize the electricity among 20million Nigerians whose community is off grid.
This public private sector partnership is supported by concessionary lending via the CBN and commercial banks, subsides and reach a budget of $200 million.
His excellency Prof Yemi Osinbajo makes a tweet on his budget on our economic sustainability plan to roll out across all 6 geopolitical zones in Nigeria, reaching out 36 states and ensuring that Nigerians have access to cheap and environmentally friendly renewable solar power.
This solar power solution program was designed by the rural electrification agency (REA) with the aim of powering 5million household through a 140 billion financing program for private developers.
It is noted that the president had formerly emphasized on the need to decentralized power supply, and with the covid19 pendamic causing alot of economic fallout, implenting the off grid solutions such as solar power become the best route.
Prof Yemi Osinbajo also stated that through the renewable solar power, they are able to cross off several goals at once, providing them with accessible power supply while creating jobs for thousand in the solar industry, as well as those looking to join in.
In conclusion, with the help of Engr Sale Mamman, the Hon ministry of power at the powerminNigeria continue to reassured the urgent need to invest on renewable energy gap in Nigeria.
The policy intervention are been activated and this making its great and strong investors confident.
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