Oyo State governor, Seyi Makinde who acknowledged the potential of solar energy as viable solution to the country’s power problem, said it is the future of business and the nation’ s climate is suitable for it. The governor made the remark while receiving representatives of a United State- based company, Triton Solar in Ibadan, Oyo State. He said: “The total investment worth of this plant is $100m or more over five years, starting with $25m in the first year. He said though the country is a major producer of oil, the nation can rise up to become one of the biggest solar energy producers in the next 20 years as more people embrace clean energy solution. He said the solar energy would reduce the price of power, provides clean energy solution and could electrify Nigeria, from streetlights to hospitals, markets and other commercial and residential customers.

Source: The Guardian January 02, 2020 02:15 UTC