The minister of power, works and housing Babatunde Fashola on Tuesday, May 23, commissioned a 100KW (125KVA) solar power project in Abuja
The minister said Nigeria's journey to stable and sufficient power supply is becoming feasible due to various achievements recorded by the ministry
He said investors are beginning to shown keen interest in the area of renewable energy in Nigeria
The minister of power, works and housing Babatunde Fashola on Tuesday, May 23, commissioned a 100KW (125KVA) solar power project in Abuja.
The project which was contracted to Protergia Energy for House on the Rock ministry at the Citadel and Towers of City Gate was referred to as a meaningful project by the CEO of the energy company Ayodeji O'Deji.
O'Deji while speaking said renewable energy is the way for modern societies now
He also debunked fear in some quarters that solar energy cannot power high demanding machines and equipment.
He further added that middle class which focuses on the power needs of most commercial and industrial business in Nigeria are yet to shown progress due to this believe.
In his remark, Fashola said, Nigeria's journey to stable and sufficient power supply is becoming feasible due to various achievements recorded by the ministry.
Fashola said Nigeria's journey to stable and sufficient power supply is becoming feasible due to various achievements recorded by the ministry.
The minister said: "We have been following the development; in terms of Solar home system, there were 372, 000 estimated solar products installed in Nigeria as at April 2, 2016. There are currently 2.23 million Nigerians benefiting from solar products and it is and it is increasing on a daily basis.”
He added that investors are beginning to shown keen interest in the area of renewable energy in Nigeria.
Fashola also said that Nigeria currently represents seven per cent of the African Lantern Market.
He also called on investors to patronize Nigerian products in order to add value to the countries economy.
NAIJ.com had earlier reported that the minister inspected the Omotosho Generation Company Limited's Generation Plant in Ondo state.
The minister said Nigeria currently represents seven per cent of the African Lantern Market.
The minister's visit to the power plant visit was part of the his itinerary for "Day One" of his inspection tour of highway projects in the South-west zone of Nigeria.
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