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Tag: Adepeju Adebanjo

Lumos Nigeria lauds plan to provide 5 million solar home systems to bridge energy deficit

Lumos Nigeria lauds plan to provide 5 million solar home systems to bridge energy deficit

Innovation
Lumos Nigeria, Africa’s leading provider of high-quality solar home systems, has commended the Nigerian Presidency on its plan to install five (5) million Solar Home System to serve 25 million households currently unconnected to the National Grid across the country. The report by the Economic Sustainability Committee (ESC), chaired by Vice President Yemi Osinbajo which was presented to President Muhammadu Buhari in Abuja has projected that unemployment rate which was 23.1% (or 20.9m people) at the end of 2018 is expected to rise to 33.6% (or 39.4 million people) at the end of 2020, if urgent steps are not taken. In response to this, Adepeju Adebajo, CEO, Lumos Nigeria said, “the government’s plan to invest in 5 million solar-home systems across Nigeria, is an important developmen...