Nigeria's Electricity Crisis Hampers Solar Transition Amid Cost of Living Woes | Firstpost Africa
In Nigeria, ageing energy infrastructure, vandalism, and inadequate fuel supplies have pushed the country's national energy grid reportedly on the brink of collapse. In 2024, the West African nation suffered eleven grid shutdowns. The situation has forced Nigerian households and businesses to rely on polluting diesel generators. While the transition to solar energy was projected to solve the ongoing electricity crisis, the country's worst cost of living crisis in a generation meant that few Nigerians could afford renewable energy options. Experts say that sustainable consumer financing options such as low-interest loans, could hold the key to Nigeria's transition to solar energy. However, the question remains if such an option is an alternative response to ensure the affordability of solar energy materials in Nigeria. Watch the video to know more.
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