The Rural Electrification Agency (REA) has signed a Memorandum of Understanding (MoU) with the Budget Office of the Federation, Infrastructure Corporation of Nigeria (InfraCorp), and the Ministry of Finance Incorporated (MOFI), to mark the official launch of the National Public Sector Solarisation Initiative (NPSSI).
A statement in Abuja by the agency at the weekend described the N100 billion initiative as a flagship, government-led programme designed to accelerate the deployment of distributed solar energy solutions across Nigeria’s public sector institutions, including schools, hospitals, security posts, government offices, among others.
At the core of the joint agreement which took place at the budget office of the federation, the REA said, is the urgent need to power critical infrastructure with clean, reliable energy, while moving away from diesel dependence and reducing the public sector’s carbon footprint.
The signing ceremony for the NPSSI, it said, not only strengthens the alliance and collaboration between the government and the private sector in the energy sector but also aims to advance the nation’s drive for localised renewable energy infrastructure and reverse unsustainable energy financing mechanisms.
