The Federal Government has announced plans to provide solar home systems to five million Nigerian households within the next 12 months, as part of the Economic Sustainability Plan (ESP).
The disclosure was contained in an address delivered by President Muhammadu Buhari — represented by Vice President Yemi Osinbajo — at the First Year Ministerial Performance Review Retreat at the Presidential Villa, Abuja, on 7 September 2020. The President noted that the government has already commenced the process of providing financing support through the Central Bank of Nigeria (CBN) for manufacturers and retailers of off-grid solar home systems and mini-grids.
"The five million systems under the ESP's Solar Power Strategy will produce 250,000 jobs and impact up to 25 million beneficiaries through installation," the President stated. He added that support to solar home system manufacturers and the bulk procurement of locally made meters will create over 300,000 additional jobs, putting Nigeria on a path towards full electrification.
