Why Tinubu

25th April 2025, NewsOrient, News, Business And Economy, Law And Society.
Posted By Samuel Egburonu, Editor

The Federal Government of Nigeria has explained its decision to install solar panels in Aso Rock Villa, at a whopping cost of N10 billion.

The Director General of the Energy Commission of Nigeria, Mustapha Abdullahi, told newsmen on Friday that “it is unsustainable for the Aso Rock Villa to continue to pay about ₦47 billion yearly in power bills.”

According to him, it is as result of this that President Bola Ahmed Tinubu approved ₦10 billion for the solar power grid to power the Presidential villa.

The DG further pointed out that the action “is in line with the President’s agenda to diversify energy sources and also cut the cost of governance.

As cutting cost, he listed other gains of the move to include ensuring uninterrupted and clean energy, job creation, engendering innovation among Nigerian engineers and energy experts, and ultimately reduce pressure on the national grid.”

He also said some innovations of his administration “have attracted interest from development partners who have earmarked about $5.3 billion of investment in Nigeria’s power sector, especially in the area of grid expansion.

~ Published By NewsOrient Network

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