Acting President Yemi Osinbajo said on Monday that most Nigerian homes and offices would soon no longer require electricity from the national grid.
Osinbajo said the growing favourable economics of using renewable energy sources like solar photovoltaics (PV) to generate electricity means that Nigeria will now have to use off-grid renewable energy solutions to close the wide deficit in stable electricity supply to its citizens, especially for those in the rural areas.
Speaking in Wuna community on the outskirts of Abuja when he kicked off the presidential initiative on solar homes systems, the acting president explained that Nigeria would leverage on the falling costs of deploying solar PV to move a good number of her citizens away from depending on the national grid.
The pay-as-you-go solar initiative launched by Osinbajo would be funded and implemented by the Niger Delta Power Holdings Plc (NDPHC) in partnership with Azuri Technologies.
Osinbajo also stated that the national grid was just a single transmission system and that every Nigerian cannot be connected to it, but can reliably get electricity from off-grid sources.
“We think that as solar power becomes cheaper, and it is becoming cheaper practically day by day, we will be able to afford to do even more and deploying more across the country especially to places that are not served by the grid.