By Aiyeku Timothy
The presidency has disclosed that the estimated 25 million beneficiaries from the Federal Government’s Solar Home Systems that commences this week pay about N4,000 monthly.
This was disclosed by the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, in a statement on Sunday titled “25m Nigerians to own five million solar systems at N4,000 monthly.”
Akande emphasized that the FG would begin the process of installation of five million solar home systems in underserved and off-grid communities across the country as part of the implementation of the government’s Economic Sustainability Plan.
Akande explained that beneficiaries of the solar programme nicknamed ‘Solar Power Naija’, for which installations starts in December, is being implemented by the Rural Electrification Agency and beneficiaries will pay about N4,000 monthly over a period of three years.
“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.
