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Oriental News Nigeria
Home»Energy»Power»Fashola Seeks More Investment In Renewable Energy
Power

Fashola Seeks More Investment In Renewable Energy

By orientalnewsngOctober 20, 2017No Comments3 Mins Read
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Yemisi Izuora

 The Minister of Power, Works and Housing, Mr Babatunde Fashola, has urged Nigerians to invest in solar energy to reduce pressure on national grid.

Fashola gave the advice in Lagos at a book launch titled, “Solar Electricity Generation for off-grid communities in Nigeria”.

The book was authored by Mr Oladele Amoda, Managing Director, Eko Electricity Distribution Company (EKEDC).

The minister, however, allayed the fears of the Electricity Distribution Companies (Discos) over the promotion of the deployment of more solar power through mini-grids and other Federal Government initiatives aimed at improving service in the power sector.

According to him, Nigerians should invest in solar energy to relieved the pressure on national grid because solar energy remains energy for the future.

“Solar energy is very important to reach Nigerians living in various communities that is difficult to reach by Disco.

“We are committed to incremental power and policies that will drive the power sector. Solar is one of the renewable energy,” he said.

Fashola lauded Amoda initiative toward authoring a book that would address power sector challenges, adding that Amoda remain outstanding.

He said that the book was timely as power sector would start to witness dry session by next month

The minister said that power generation had increased from 2,600 megawatts to 7, 000 megawatts, while power wheeled out is gradually increasing to 7,000 megawatts.

He said that the sector had made noteworthy progress since the 19th neeting held in Lagos and collectively the challenges that lay ahead in the roadmap to incremental, stable and uninterrupted power would be engaged.

Prof. Bart Nnaji, a former Minister of Power, commended Amoda for his painstaking research and knownlege input to write book that would  address power sector challenges and profer solutions

Nnaji, the Chairman of Geometric Power, said that Amoda had transformed the power sector under his watch as the managing director of Eko disco.

He said that renewable energy remains major focus to power sector growth and development in Nigeria rrural communities.

He, however, urged stakeholders in the power sector to support the minister in developing the sector to deliver desire result of the country.

“Eko Disco was the best performing Disco during the privatisation era, so, am not suprised that Amoda authored a book.

“Am not surprised to see an excellent managing director of Disco understood the prospects and challenges if the power sector,” he said.

In his remarks, Amoda, said that the essence of the book was to create awareness on important alternative to renewable energy usage in Nigeria communities that were not privilege to power supply.

Amoda said that Nigerians could not continue to depend on the use of fossil fuel that was given environmental issues.

He said that renewable energy would also reduce incessant vandalism that was synonymous with conventional energy theft in the network.

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