High tariff stands as hindrance to rural electrification – Schneider Electric

Schneider Electric has stressed that high tariff remains a barrier to electricity usage in rural communities across West Africa.

The organization said it plans to proffer solutions to the adoption of electrification projects in rural West African region struggling with access to reliable and affordable energy.

Teina Teibowei, the Commercial Lead, Microgrid, Power & Grid Business Segment, Schneider Electric, in a statement, added that: “The high tariffs associated with electricity use in rural areas pose a significant barrier. In communities with limited economic opportunities, even basic lighting can be prohibitively expensive, discouraging adoption.

This reality is further compounded by the low energy consumption patterns in these communities, characterised by single lights and sockets in homes,” she said.

Ajibola Akindele, the Country President, Schneider Electric West African remarked, “By addressing affordability concerns, creating economic opportunities, and fostering a culture of energy consumption, we can unlock the true potential of rural electrification in West Africa, empowering communities.”

Reports gotten showed that that, Adebayo Adelabu the Nigerian Minister for Power had said the Federal Government may no longer be able to sustain electricity subsidy.

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

LASG, FAAN sign MoU on 28km road project

The Federal Airport Authority of Nigeria has signed a Memorandum of Understanding with the Lagos State Government under the Office of Public-Private Partnerships and...

Lagos mandates tax clearance for housing transactions

The Lagos State Government has mandated that tax clearance will now be an essential document for any housing transactions within the state to prevent...

FG approves licence for 27,000 barrels refinery

The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has declared the approval of a licence for the construction of a...

Sanwo-Olu, Abiodun to attend architects’ conference

According to Lagos State chapter of the Nigeria Institute of Architects, Babajide Sanwo-Olu, the Governor of Lagos State, and his counterpart, Dapo Abiodun, the...

Shipowners eye foreign partnership for fleet expansion

The Nigeria Indigenous Shipowners Association has signed a Memorandum of Understanding with the foreign counterparts to encourage them to provide more new ships in...

ICAN advises Tinubu on economic policies

Following the economical crisis and level of hardship in the country, Dr Innocent Okwuosa, the President of the Institute of Chartered Accountants of Nigeria,...

NAMA says Strike didn’t hamper airway operations

The Nigerian Airspace Management Agency (NAMA), said the nation’s airspace remained open to flight operations despite the strike action embarked upon by the Nigerian...

Lagos-Calabar Highway: FG panel to pay compensation in 10 days

The Federal Government on Thursday inuagurated the committee expected to review, evaluate and compensate land owners affected by the construction of the Lagos-Calabar Coastal...

Petrol import decrease by 1billion litres in 7 months

The country's monthly petrol import was decrease by about 1 billion litres following the removal of fuel subsidy in June by President Bola Tinubu. A...

Nigeria needs to diversify economy, says IMF

In order to foster development, the International Monetary Fund has revealed a need for diversification of the nation's economy. This was revealed by, Abebe Aemro...