Home FEATURES We Are Actively Considering Solar As Alternative Energy Source – Osinbajo

We Are Actively Considering Solar As Alternative Energy Source – Osinbajo

Solar energyVice President Yemi Osinbajo has said that the Muhammadu Buhari government is actively considering solar energy as alternative source of power generation in Nigeria.
He added that the government has set a target to expand reliance on renewable energy to 50 percent of its power output by 2020.
Vice President Osinbajo, who received in audience at the Presidential Villa on Thursday, a delegation led by the Indian High Commissioner in Nigeria, Mr. B. Nagabhushana Reddy, said: “we are doing some expandable work in solar energy by adding about 1000MW of solar. We are looking at 50 percent reliance on renewable energy sources by 2020.”
The Vice President stressed that the Buhari presidency is determined to improve access to electricity, even as he welcome the $100 million credit facility from India to be injected into the Nigeria economy, especially in the power sector.
Professor Osinbajo called for more active engagement between both countries, adding that opportunities exist in agriculture and technology for Nigeria and India to cooperate. According to him, diplomatic and economic relationship between both countries have been extremely good.
Earlier the Indian High Commisioner had said that his country supports the plan of the Buhari administration to make the Nigerian economy strong. He welcomed the recently launched “Green Alternative,” the agricultural road map of the Federal Government, saying that India has a keen interest in expanding domestic agric production in Nigeria and also in making quality agric products for exportation. [myad]