By Chijioke Okoronkwo
The program is part of the Federal Government’s Economic Sustainability Plan (PSE).
This program provides 140 billion naira in concessional financing from the Central Bank of Nigeria and commercial banks for off-grid developers.
Developers will deploy mini-grids and solar home systems that will cost from N3,000 per month and more, depending on the type of system, to deliver electricity to locations across the country.
The event marks the inauguration of 100,000 connections through a business partnership between A-Solar, a local developer, the Niger Delta Power Holding Company (NDPHC) and Sterling Bank.
The Jangefe community in Jigawa will be the first site covered by A-Solar and will have 1,000 solar home systems installed throughout the community, covering approximately 5,000 citizens.
The community will pay monthly energy payments until the systems are fully paid for when there is a transfer of ownership to every consumer in the community.
The Jangefe community is located in the Roni local government area in the Kazaure emirate of Jigawa.
Jangefe is a rural farming community that uses the water bodies around the region for agriculture all year round.
The economic activity of Jangefe offers the possibility for the community to be fed and to pay for its consumption.
A-Solar leveraged Roni LGA and Kazaure Emirate Council to conduct mass outreach to understand system usage and payment mechanisms.
Through a program of the World Bank and REA called the Nigerian Electrification Program (NEP), each connection under the Solar Power Naja program would receive a 20% discount for the developer.
It will therefore make it possible to reduce the prices charged to consumers by the same amount. (NOPE)
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