President Muhammadu Buhari on Monday, unveiled 10 megawatts Solar energy project in the Kumbotso Local Government Area of Kano State the cost of $15 million (N120 billion) towards enhancing power supply to industries and for domestic use.
Buhari expressed the expectation that the project would aid in reviving struggling industries in the state that rely on electricity to power their enormous units.
Aminu Sagir, the managing director and chief executive officer of the Nigeria Sovereign Investment Authority, termed the project as a step forward for the people in terms of enhancing the economy in his remarks.
According to him, the necessary support and funds were provided for the implementation of the project, adding that hopefully the impact of the project would be felt via the creation of fresh employment opportunities.
“The project is to be supervised and managed by the NSIA which is jointly owned by the federal government, Kano State government and the host community.
“The project is currently the largest grid-connected solar PV plant and is proof of successful mid-sized solar PV deployment in Nigeria. This would catalyse growth in the power sector as it shows that renewable projects of this magnitude can be successfully delivered. It also builds Nigeria’s credentials in the fight against climate change and our commitment to attaining net zero carbon emissions by 2060,” he said.
In his remarks, the Emir of Kano, Alhaji Aminu Ado Bayero, commended the President for identifying with the people of Kano through the execution of human-oriented projects, such as the solar energy project being unveiled today (Monday).
Furthermore, he commended the President for extending the deadline on old naira notes.
Among the projects Buhari unveiled on Monday include the Dala Inland Port, Galaxy Backbone Limited on Ahmadu Bello Way, Kano, among others.