The Senior Special Assistant to the President on Media and Publicity in the office of the Vice President, Laolu Akande has revealed that 17 states showed interest to participate in the solar power programme as part of the Economic Sustainability Plan.
In a statement on Sunday, the senior special assistant said about 2,000 hectares of land with complete documents have also been given by 24 states for the social housing programmes of the Buhari’s administration.
However, agreements have been reached with one major cement manufacturer in the country to sell cement at low prices for social housing projects. This came after a meeting with the vice president and three major cement manufacturers in the country.
Expressing his view on the implementation of components of the Economic Sustainability Plan (ESP), Prof Osinbajo said the current administration will continue to focus on creating more jobs while improving access to power and affordable housing for majority of Nigerians.
According to the presentation made by the Managing Director of the Rural Electrification Agency (REA), Ahmad Salihijo, the Solar Power Naija team has had engagements with the six states who have identified private sector developers. The team has also selected Akwa Ibom, Ekiti and Kano as pilot states for the state-guaranteed transaction model for the solar power programme.
He explained that REA is currently tracking transactions worth N55 billion potentially contributing the first two million connections in Nigeria and providing thousands of jobs.
For instance, the programme is currently tracking four transactions in the commercial bank upstream channel contributing 3,500 jobs and 100,000 connections.