25m Nigerians To Pay N4,000 Monthly For Solar Power Service

No less than 25 million Nigerians will benefit from the Federal Government’s Solar Home Systems programme, which will commence this week. This is according to Laolu Akande, the Senior Special Assistant to the Vice President on Media and Publicity.

In a statement made available to members of the public, Akande disclosed that the beneficiaries of the programme will pay about N4,000 monthly for the solar power service over a period of three years.

Akande was giving further insight into earlier reports that the Federal Government would commence the process of installation of five million solar home systems in underserved and off-grid communities across the country.

The installation is in continuation of the implementation of the government’s Economic Sustainability Plan.

The earlier report however elicited questions from Nigerians who wanted to know the cost of owning the solar system.

According to him, the solar programme nicknamed ‘Solar Power Naija’, for which installations starts in December is being implemented by the Rural Electrification Agency.

“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,” Akande said.

He noted that that the arrangement allowed as many as 25 million Nigerians to own personal solar systems in their homes.