” Incentivize the creation of 250,000 new jobs in the energy sector,” Osinbajo said.
The vice president also announced that the federal government was working to ensure universal access to electrification in Nigeria, through the decentralization of grid power solutions.
He disclosed that the federal government had committed more than N140 billion to the project, with the Central Bank of Nigeria providing soft loan worth about 200 million dollars.
The Minister of Power, Mr Sale Mamman, said that when the project was fully implemented, it could generate over N7 billion in annual revenues for the federal government.
Similarly, Mr Abubakar Twumasi, the Managing Director, ASOLAR, the project handlers, thanked the federal government for giving them the opportunity to actualise the innovative vision.