The Federal Government says it will through its newly launched Solar power naija program, reduce its greenhouse gas emissions by 20 percent by 2030.
It said the program will connect five million unserved and underserved households and businesses across the country.
The Managing Director (MD), Rural Electrification Agency(REA) Ahmed Salihjo stated this at a briefing to unveil the program in Abuja.
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He said the program will serve about 25 million Nigerians through the provision of Solar Home Systems and construction of a mini-grid.
According to him, President Muhammadu Buhari had approved the Nigeria Economic Sustainability Plan (NESP) developed by the Economic Sustainability Committee (ESC) chaired by the Vice President Yemi Osinbajo as a deliberate and strategic plan designed in reaction to the COVID-19 pandemic.
He said the intervention will help address the challenge of access to affordable finance through the CBN Facility which makes low-cost local currency debt available to qualified companies.
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Similarly, he explained that the Solar Power Naija program will leverage on the support from our donor partners such as the World Bank, USAID, SEforALL and FCDO in the areas of Data on Locations, Programme Design, Manufacturing Framework and Quality Assurance.
He further disclosed that the programme will also support manufacturers and assemblers of solar technology to set up production facilities in Nigeria, in order to support the off-grid energy sector with about 250,000 new jobs
Salihijo explained that Private companies will be supported to employ more Nigerians to be able to provide services in the area of manufacturing, distribution, installation and other project management and after-sales services.
“As we move towards full implementation of the programme, I call on the donors to continue providing support to help in making the off-grid sector commercially viable and in making electricity available and affordable to the off-grid population,” he added.