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Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by postbox: 11:21am On Jan 17
According to a study conducted by Boston Consulting Group and All On, a Shell-funded impact investment company, Nigeria’s off-grid solar market is among the fastest growing in Africa, increasing at a 22% average annual rate over the last five years.
However, the report stated that the country had underperformed its African peers in terms of off-grid solar penetration and had a long way to go before its solar market could be considered robust.

According to the report, “Nigeria’s installed photovoltaic panel per capita is only about 1 watt, compared to an average of 8 watts in similar emerging markets, indicating a large opportunity for further growth in the country.”

“Given the country’s favorable dynamics for solar deployment, Nigeria’s PV per capita could reach 5-8GW by 2030.”

The use of solar energy, according to the report, is significantly improving education, health outcomes, and food security in Nigeria.

According to a statement, the study was conducted to examine the impact of solar energy implementations on health, education, and food security outcomes, as well as the impact on the environment and commercial activity in the country.

It assessed the developmental benefits that Nigeria had already realized from its limited solar installations, as well as the impact that scaled deployment could have by engaging six different user groups across five socioeconomic dimensions.

According to a survey of Nigerian primary health care centers that use solar power, there has been a 60 to 70% increase in antenatal care coverage and a 40 to 60% decrease in vaccine waste.

Tolu Oyekan, Managing Director and Partner, BCG (West Africa), commented on the findings, saying, “Installing solar in 18,000 PHCs that do not otherwise have access to reliable power could increase antenatal care coverage from current levels of 50 to 70% of pregnant women, and with improved refrigeration, vaccine wastage could be reduced by up to 20%.”
https://brandspurng.com/2022/01/17/nigerias-off-grid-solar-market-is-among-the-fastest-growing-in-africa/

4 Likes 1 Share

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by yesloaded: 11:55am On Jan 17
Because our power supply is very poor

Running generating set for longer hours is not funny because of running, maintenance cost & unnecessary noise

There's a time I quit certain biz in the year 2009 because all my profit goes to running + maintenance of the generating set

23 Likes

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by brosom(m): 11:55am On Jan 17
Yes yes yes!

Audio fastest growing grin

7 Likes 2 Shares

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by IMADE5431: 11:56am On Jan 17
It's a big one

1 Like

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by Brendaniel: 11:56am On Jan 17
That just shows how this present Buhari's government have failed in providing power supply to homes, they are even worst than Jonathan's government they were condemning in the power sector...

5 Likes 1 Share

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by zoer: 11:56am On Jan 17
Wetin ordinary Nigerians no fit afford?.....APC govt come make solar so expensive.

4 Likes 1 Share

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by kelechiodo(m): 11:56am On Jan 17
Solar energy has great potential for the future.

3 Likes

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by yashau(m): 11:57am On Jan 17
God bless most populous black nation in the world �
Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by IMADE5431: 11:57am On Jan 17
I wished it's cheaper ,so that everyone can afford it.
Even sun deh expensive

4 Likes 1 Share

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by Tboymessiah(m): 11:58am On Jan 17
NasoLifeBe!

Gradually we will useless Disco company

9 Likes 1 Share

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by BelovedofLord(m): 11:58am On Jan 17
REALLY?
Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by NGArmyTerrorist: 11:58am On Jan 17
.

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by SadiqBabaSani: 11:58am On Jan 17
We shud harvest d enormous benefit of Solar power

2 Likes 1 Share

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by Quitam: 11:58am On Jan 17
Solar power is eating the share of petrol/diesel generators. By the time FG remove subsidy, many people will drop using generator.

6 Likes

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by justdogitto: 11:59am On Jan 17
Do you know that owning an inverter system instead of a generator would save you 100% cost annually? Save some money and still enjoy 24/7 power supply. Get your affordable and reliable inverter solution from us today call/ whatsApp number on signature.

4 Likes

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by Alaefulu(m): 12:00pm On Jan 17
Wow nice one,if you you are a resident in lokoja you can reach me for your clean beans at #900 for measure.I do delivery also but with extra cost

2 Likes

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by tarfsphotobin: 12:00pm On Jan 17
Gaurav Bhatia Sotheby’s Ex Chief tryst with luxury marketing. After tasting success as a luxury marketer, Gaurav Bhatia Sotheby’s India in 2016. Shepherding the world’s oldest auction house in the world, Bhatia aimed at opening doors of the international auction house and dived into the currently thriving art scene in the country.
Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by inoki247: 12:00pm On Jan 17
Another paper achievement...

2 Likes 1 Share

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by Lexusgs430: 12:01pm On Jan 17
If you have ₦2,000,000 to fully install it, just a common family bungalow o .........

Diaris God O ......
cheesy

1 Like

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by thanksjosh005: 12:01pm On Jan 17
Cool news?
Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by anonimi: 12:02pm On Jan 17
zoer:
Wetin ordinary Nigerians no fit afford?.....APC govt come make solar so expensive.

Instead of delivering stable power and 20,000MWs promised

1United1:
State Governor, Mr. Babatunde Fashola, has said the only way the country can have stable electricity is to vote out the ruling Peoples Democratic Party (PDP) from power in next year’s general election.

Fashola, who gave the counsel while marking his 2,600 days in office at an elaborate ceremony held at the Blue Roof of the Lagos Television premises, said electricity crisis in the country is caused by lack of ideas and insincerity of purpose on the part of Federal Government.
He said,” Yes I agree with you that it is possible to generate electricity and to make sure that everybody in this country has electricity, we have to do the right thing. But you know what, the only way that you and I will have electricity in this country will be to vote out the PDP.

” In 16 years hundreds of billions of naira have been spent and we cannot switch on electricity and in seven years we have created four plants. It shows that something is missing. So unless you vote for All Progressive Congress it is going to be difficult to have electricity.
“They started from vision 2020-20 and I told you then that they were having a nightmare, that there was no vision.
“They moved to seven point agenda and now they are transforming.”

http://thenationonlineng.net/new/to-have-stable-electricity-vote-out-pdp-fashola/[font=Lucida Sans Unicode][/font]


We'll generate 20,000mw of electricity in 4 years, says Buhari
2nd February, 2015

https://pmnewsnigeria.com/2015/02/02/well-generate-20000mw-of-electricity-in-4-years-says-buhari/

1 Like

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by general111(m): 12:02pm On Jan 17
The government should subsidise this and lets see what happens if the common nigerian can afford it
Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by everythinggirly(f): 12:03pm On Jan 17
Wow!
Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by Jalaw(m): 12:03pm On Jan 17
What are you saying?

Lemme break it down for you.
It means that electricity supply in Nigeria is very very poor to the extent that citizens resort to the use of individual/household solar energy for electricity supply.
It doesn't glorify the government, we all know they are f--lish.
brosom:
Yes yes yes!

Audio fastest growing grin

2 Likes

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by Emuforlife1: 12:03pm On Jan 17
Any person waiting on the government to provide them with electricity is deluded. God bless who invented SOLAR ENERGY.

3 Likes

Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by FBIBOT(m): 12:03pm On Jan 17
Of cos when we are the poorest in terms of power generation and distribution
Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by Grgton(m): 12:05pm On Jan 17
Rubbish survey!! Hence it doesn't have any impact on the citizens
Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by money121(m): 12:06pm On Jan 17
Ok
Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by Adetayo41(m): 12:09pm On Jan 17
I want to venture in this solar business.. dnt know how lucrative is it?
Re: Nigeria’s Off-Grid Solar Market Is Among The Fastest Growing In Africa by graphicdesigns: 12:13pm On Jan 17
Good one.
I'm the best Graphic Designer out here. Check out some of works and my contact:
https://www.nairaland.com/6938128/graphic-designer-creates-cover-art

1 Like

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