Solad partner Quickteller Paypoint to offer agent banking services tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
Raheem Akingbolu The Solad Power Group said it has connected its 10,000th small business to affordable and reliable power across its portfolio of mini-grids in Nigeria, marking a significant milestone in its growth and development.
Solad is a participant in Nigeria’s Rural Electrification Agency (REA) Mini-Grid component under the Nigeria Electrification Project (NEP). The company is a core investor in the Sura shopping complex, the Sabon Gari Market and a joint venture partner in the Virtus portfolio of decentralised energy projects across the country. Collectively, Solad is an investor in, or operator of, 12 mini-grids across Nigeria, each of which provides clean, affordable and reliable power to market traders.
Share
The management of Solad Power Group said the company has connected 10,000 small businesses to affordable and reliable power across its portfolio of mini-grids in Nigeria.
The company’s Chief Operating Officer and Chief Executive Officer, Yewande Olagbende, disclosed this, in a statement, as it connected the 10000th business, recently, thereby marking a significant milestone in the company’s growth and development trajectory.
Expressing the company’s delight at the milestone, Olagbende described the milestone as a clear validation of the unmet demand for affordable and reliable power amongst the nation’s millions of small businesses.
According to her, in addition to the company’s existing investment programme of rolling out more mini-grids in market clusters across the country, it had also been able to provide individual businesses and homes with dedicated power solutions that could be installed rapidly, thereby enhancing the company’s custome