Nigerians To Pay N4,000 Monthly For Solar Home Systems ~ Presidency

The presidency has revealed that Nigerians would pay a monthly fee of N4,000 for the Federal Government’s  Solar Home Systems.

Solar home system

The Federal Government had on Sunday, November 25 disclosed that an estimation of 25m Nigerians will benefit from the government’s solar home systems. The installation across the country will commence this week and this is in continuation of the implementation of the government’s Economic Sustainability Plan.

The earlier report however elicited questions from Nigerians who wanted to know the cost of owning the solar system.

Giving further insight into the earlier report, the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, explained in a statement that beneficiaries would be expected to pay about N4,000 monthly over a period of three years.

Akande said the solar programme nicknamed ‘Solar Power Naija’, for which installations starts in December, is being implemented by the Rural Electrification Agency.

“An important aspect of the scheme is the option of outright ownership by beneficiaries at a cost ranging from N1,500 per week to N4,000 monthly depending on the capacities, for a period of three years,” Akande said.

He noted that that the arrangement alloweas many as 25 million Nigerians to own personal solar systems in their homes.

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