Buhari unveils N120bn solar power project in Kano
The President, Major General Muhammadu Buhari (retd. ), unveiled a $16 million (N120 billion) solar energy project in Kano State's Kumbotso Local Government Area on Monday to improve power supply to industries and households.
While unveiling the project, Buhari expressed hope that it would help to revive ailing industries in the state that rely on electricity to power their massive plants.
In his remarks, Aminu Umar-Sadiq, Managing Director and Chief Executive Officer of the Nigeria Sovereign Investment Authority, described the project as a step forward for the people in terms of adding value to the economy.
According to him, the necessary support and funds have been provided for the project's implementation, and he hopes that the project's impact will be felt by creating new job 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 catalyze growth in the power sector by demonstrating that large-scale renewable projects can be completed successfully. It also strengthens Nigeria's credentials in the fight against climate change and our commitment to achieve net zero carbon emissions by 2060," he said.
In his remarks, Kano's Emir, Alhaji Aminu Ado Bayero, praised the President for identifying with Kanoans through implementing human-centered projects such as the solar energy project unveiled today (Monday).
He also praised the President for extending the deadline to redeem old naira notes.
Among the projects unveiled by Buhari on Monday were the Dala Inland Port and Galaxy Backbone Limited on Ahmadu Bello Way in Kano, among others.
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