Nigerians spend N7trn annually on power generation- Expert | The Guardian Nigeria News - Nigeria and World News

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Nigerians spend N7trn annually on power generation- Expert | The Guardian Nigeria News - Nigeria and World News
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Nigerians, and by extension, their businesses, expend about N7 trillion annually on power generation, a Renewable Energy expert, Mr Stephen Ogboko, has said.

Ogboko, also the Executive Director and Chief Operating Officer, Off Grid Tech Solutions Ltd., made this known at a virtual news conference in Lagos.According to him, this is inefficient, expensive, noisy, polluting and of poor quality.He said that inadequate power supply had been a major challenge facing businesses in the country, forcing them to source for alternative power supply for their operations.

He described renewable energy from off-grid resources as sustainable and cost-effective for farmers and Small and Medium Enterprises . He said: “This is cost-effective and lasting solutions to societal problems toward improving the lives of people in developing nations. “We have marketed and delivered smart off-grid solutions for many years, providing permanent, efficient, safe and affordable solutions.”Ogboko said that the firm specialises in the marketing of heat lamps and incubators, gas powered air conditioners and cooling fridge, mobile power solution-solar energy box, pressure cookers, among others.

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