Yemi Osinbajo has said that the federal government is decentralizing power generation and distribution in the country.
Osinbajo said that the decentralization of power sources in Nigeria would give opportunities to organizations and industries to procure power for eventual distribution among consumers.
He stated that the exercise would make it much easier to enjoy power supply even to residential houses across the country.
“The ongoing solar system electrification project across various markets in the country is part of the measure to decentralize power generation in the country.
“We are licensing companies to provide power to companies, markets and several economic clusters,” he said.
Osinbajo stated that the nation’s agricultural sector has improved, saying importation of rice to Nigeria, which amounted to five billion Naira has reduced to two per cent.
He stated that such was achieved through the current administration’s policy in Agriculture aided by the Anchor Borrowers’ Programme(ABP).
“Today, only two per cent of rice consumed here are imported while the remaining 98 per cent are locally produced,” he said.
Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate