Lumos Nigeria Lauds Presidency’s Plan to Provide 5 Million Solar Home Systems to Bridge Energy Deficit

Of f- grid energy firm, Lumos Nigeria, has commended the Nigerian Presidency on its plan to install five (5) million Solar Home System to serve 25 million households currently unconnected to the National Grid across the country.

The report by the Economic Sustainability Committee ( ESC), chaired by Vice President Yemi Osinbajo which was presented to President Muhammadu Buhari in Abuja has projected that unemployment rate which was 23.1percent (or 20.9m people) at the end of 2018 is expected to rise to 33.6perent (or 39.4 million people) at the end of 2020, if urgent steps are not taken.

In response to this, Adepeju Adebajo, CEO, Lumos Nigeria said, “the government’s plan to invest in 5 million solar home systems across Nigeria, is an important development. Energy is a core pillar of economic growth and will be a strong catalyst to sustainable economic recovery, POST-COVID-19. Lumos is the market leader in affordable solar home systems, providing access to power to homes, micro and small businesses nationwide, and we understand the impact of power on the quality of life and livelihoods. We applaud this important initiative and will work with the Nigerian government to make it a reality.”

Nigeria, plagued by a large energy supply deficit with only 33% of households and 30percent of businesses having stunted access to grid electricity, needed to leverage her abundant renewable solar energy source to accelerate plugging the enormous gap.

Deploying solar home systems for emergency national energy provision is not new to Lumos Nigeria. Backed by a grant from All On, an organisation established to increase access to energy for under- served and unserved consumers by the SHELL Company , Lumos recently installed solar-powered systems to power primary health center’s and emergency response centers across Nigeria in response to the COVID-19 outbreak in the country.