The Minister of Power, Chief Adebayo Adelabu, has assured Nigerians of reduction in the cost of electricity.
He gave the assurance on Thursday, when he received the Executive Secretary of the National Lottery Trust Fund, Mr. Tosin Adeyanju, who led the management team of the agency to pay a courtesy call on the Minister at the headquarters of the ministry in Abuja.
The Minister noted that electricity remained the cheapest in Nigeria, compared to even other African nations such as Togo, Mali and Niger Republic.
He, however, said that the low level of income in Nigeria makes the cost looks high to consumers, even as he noted that it is still far cheaper to use electricity than to run generators, using petrol or diesel.
Adelabu expressed satisfaction when the Lottery Fund boss informed him that the agency is working to get the youths, particularly in the rural areas, to be productive by training them on how to assemble One Kilowatt of solar energy.
He expressed the readiness of the ministry and its relevant agencies to collaborate and work with Trust Fund to achieve the objective.
He said the renewable power project of the ministry was established to address the areas of the country that the grid does not cover.
“We will be very happy to work and partner with you on this project. We have agencies that are driving this renewable power project, using solar, wind and other alternative sources of power supply where the grid cannot reach. Such agency is our Rural Electricity Agency (REA) and they will be of great value to you in this project”, he stated.
