FG will achieve 5 million homes’ solar system target – Osinbajo

Vice President, Professor Yemi Osinbajo, has reassured that President Muhammadu Buhari’s administration would provide electricity to 25 million Nigerians through off-grid connections to 5 million homes.

Prof. Osinbajo, who spoke at the launch of 100,000 Solar home system in Jangefe community, Kazuare Emirate in Jigawa State, said the government was determined to bring power to the  un-served communities across the country.

The Vice-President speaking further, applauded the management of the Niger Delta Power Holding Company Ltd., (NDPHC), for playing a leading role in the Federal Government’s plan to provide electricity to 25 million Nigerians through off-grid connections to 5 million homes.

He described NDPHC as a catalyst in the process of connecting communities across the country to off-grid systems.

Prof. Osinbajo said government was determined to bring power to un-served communities as part of the Nigerian Economic Sustainability Plan of the President Muhammdu Buhari’s administration.

He explained that the project which would be financed by a N140 billion fund would be paid for by the beneficiaries.

He further said that the N140 billion finance programme will support private developers to provide power to the households.

The V-P stressed that initiative is a partnership programme with the private driving the connections, supported by concessionaire lending by the Central Bank of Nigeria, (CBN) and commercial banks.

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