Bank Of Industry, Gombe Sign N360 Million Solar Power Agreement

Bank-of-Industry

A N360million agreement has been signed between the Bank of Industry (BoI) and Gombe State Government.

The project will be co-funded by the BoI and Gombe State Government on equal sum of N180 million each.

The signed deal is for the deployment of pay-as-you-go solar home systems in selected rural communities in the state.

Gombe had previously benefited from the first phase of the BoI and United Nations Development Programme (UNDP) rural electrification programme involving one community in each of the six geopolitical zones.

Due to the success of the initial project, the Gombe State Governor, Dr. Ibrahim Damkambo wants the project replicated in other nine local government areas of the state.

The acting Managing Director, BoI, Mr. Waheed Olagunju said the project would boost economic activities in the benefiting communities.

The project will commence with the deployment of stand-alone solar home systems in Lule 1 and 2 communities in Dukku LGA and Pata community in Yemaltu Debba,

Olagunju said the problem of electricity supply from the national grid in Nigeria underscored the need to explore other sources of power generation.

He said: “The persistent problem of electricity supply from the national grid in Nigeria has made it imperative to explore alternative power supply options to lift Nigeria and its rural communities in particular, out of darkness and provide them a new lease of life afforded by the presence of not only reliable, but clean and sustainable energy.

Olagunju also called on other state governors to replicate the solar systems in off-grid communities in their states, adding that it had been stories of improved livelihood, better living condition and economic rejuvenation in the communities where the first phase of the projects were executed.

He said, “These communities with an average of 200 homes, each hitherto had no electricity and lived in darkness. But since the provision of solar electricity, the lives of the inhabitants of these communities have changed dramatically.

“The provision of solar electricity has reduced energy costs, created more micro businesses, improved healthcare and quality of education.

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