The Minister of Power, Works and Housing, Mr Babatunde Fashola, has reaffirmed the Federal Government’s commitment to continually intervene in the power sector.
Fashola gave the assurance on Saturday in Lagos during a visit to 700 kilowatts mini-grid electricity supply under Energising Economies Initiative (EEI) at Iponri Market.
He also said such interventions would include solar energy and renewable energy to ensure ease of doing business in the country.
According to Fashola, the Micro, Small Medium Enterprise (MSME) operators are the engine of growth in any economy.
“They are one of the best in the economy I have seen. They are hardworking people and our ease of doing business targets them specifically.
“First, we understand that energy is an important component of their businesses. They pay between N2,000 to N5,000 just for supply of energy.
“Now the solution we have brought for them has reduced that cost,” Fashola said.
He also said that the initiative was part of…
