Bome Ojoboh, CEO of Extreme Mutual Limited, highlights the transformative impact of solar energy in Nigeria, particularly through initiatives like powered water pumps and mini-grids in rural areas, which have positively affected over 100,000 households. These projects have enhanced agricultural productivity by providing reliable power for irrigation and improving health and education services by supplying electricity to clinics and schools.
Nairametrics: What does the future hold for renewables in Nigeria, especially regarding its contribution to GDP?
By 2030, renewable energy is projected to make a significant impact on Nigeria’s GDP. According to PwC, the renewable energy sector could create over 250,000 jobs in the next decade, contributing billions to the economy. With aligned policies and a commitment to global climate goals, solar energy could emerge as a primary power source for both industries and households, ultimately reducing the country’s reliance on fossil fuels.
