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HomeBusinessFG LAUNCHES ₦12BN SOLAR PROJECT TO EXPAND ENERGY ACCESS

FG LAUNCHES ₦12BN SOLAR PROJECT TO EXPAND ENERGY ACCESS

 

 

The Federal Government has officially launched a ₦12 billion solar power project under the Renewed Hope Agenda, targeting communities without reliable access to electricity.

According to government officials, the initiative will provide affordable, sustainable solar energy to thousands of households, schools, and businesses across Nigeria. By diversifying the energy mix, the project is expected to reduce pressure on the fragile national grid and accelerate progress toward renewable energy adoption.

Beyond energy access, the solar scheme is projected to generate new jobs, spur local manufacturing of solar components, and support Nigeria’s climate commitments. Authorities assured that the project will be transparently implemented, with funds carefully tracked to avoid corruption.

Energy experts describe the project as a potential “game changer,” noting that if effectively executed, it could transform rural economies, reduce poverty, and improve quality of life for millions of Nigerians.

 

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