₦47bn Yearly Power Bill Unsustainable – FG Explains Aso Rock Solar Installation
The Federal Government has explained its decision to install solar panels at the Aso Rock Villa, the seat of power in the country.
The Director General of the Energy Commission of Nigeria, Mustapha Abdulahi, said it is unsustainable for the Aso Rock Villa to continue to pay about ₦47 billion yearly in power bills.
He said that this is why President Bola Tinubu approved ₦10 billion for the solar power grid to power the presidential villa.
Mustapha, who gave the explanation while briefing the press on Friday, said the move is in line with the President’s agenda to diversify energy sources and also cut the cost of governance.
He added that it will bring uninterrupted and clean energy, create jobs, foster innovation among Nigerian engineers and energy experts, and ultimately reduce pressure on the national grid.
He also revealed that some innovations of the current administration have attracted interest from development partners who have earmarked about $5.3 billion of investment in Nigeria’s power sector especially grid expansion measures.