‘₦47bn Annual Electricity Bill Unsustainable’, Again, Federal Gov’t Defends ₦10bn Aso Rock Solar Power Project

The Federal Government has once again emphasised its decision to install solar panels at the Aso Rock Villa, maintaining that it was unsustainable to continue to pay about ₦47 billion yearly in electricity bills for the Seat of Power.

The Director General of the Energy Commission of Nigeria (ECN), Mustapha Abdulahi, said the huge amount of ₦47billion electricity bills necessitated President Bola Tinubu’s approval of ₦10 billion for the solar power grid to power the presidential villa.

Mustapha, who spoke on Friday while briefing reporters, noted that the move was 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.

Mustapha also revealed that some innovations of the current administration have attracted interest from development partners, who have earmarked about $5.3 billion for investment in Nigeria’s power sector, especially grid expansion measures.