Sterling Bank, Consortium To Create N20m Jobs Through Solar Power Project

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Sterling Bank Plc and a consortium of African Energy Summit, Africa Clean Energy Group Incorporated of the United States, Always Green Power & Systems and the Environment Communications Limited are set to create 20 million direct and indirect jobs through the supply of solar energy to Micro, Small and Medium Enterprises (MSMEs) under a national power programme across Nigeria.
The Minister of State for Industry, Trade and Investment, Hajia Aisha Abubakar speaking recently in Lagos during the first inception media chat and presentation of the roadmap for the programme said the ministry was partnering with the consortium on this project because the consistent power supply is critical to the survival of MSMEs.
Abubakar further stated that clean energy such as solar power could be a right step to actualizing the implementation of Nigeria Industrial Revolution Plan (NIRP).
She said she was aware that the consortium was into collaboration with the National Association of Barbers and Salons Employers of Nigeria with the understanding that the association would mobilise over 10 million of its members to subscribe to the supply of solar power generators.
She explained that, “Also, they are partnering with the Bank of Industry (BoI) and NEPAD, who have shown interest in the project and collaborating to roll out the first batch of the solar generators to members of the National Association of Barbers and Salons Employers of Nigeria under the solar generators supply and installation agreement for empowering MSMEs in Nigeria. The Consortium is partnering with the Covenant University, Ota in the area of research, capacity building and innovation for solar installers/maintenance and technicians.”
The minister who was represented by a senior official of the ministry, Dr. Francis Alaneme stressed that in implementing NIRP, seven supporting structures of enablers are identified for which infrastructure is one that is addressing energy challenge.

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