The government of Gombe State has signed a Memorandum Of Understanding (MoU) with the Bank of Industry (BOI) to execute rural solar electrification projects across 11 local governments in the state.
Governor of Gombe state, Ibrahim Hassan Dankwambo, speaking shortly after signing of the MOU, said the effort was born out of the desire of the government to fast-track wide spread socio-economic development in the state, and improve the living standard among the people.
Dankwambo noted that the first phase of the project, which would be carried out in two communities, was approved at the cost of over N44 million as total fund, which would be paid in counterpart funding arrangement with BOI.
Managing Director, BOI Of Industry, Waheed Olagunju, said BOI is collaborating with the United Nations Development Programme (UNDP), to support underserved power communities in Nigeria.
According to him, “As the World transits from the Millennium Development Goals (MDGs) to sustainable Development Goals (SDGs), the challenges of access to clean electricity has remained a focus of global policy debates and national policy planning,” Guardian reports.