In a statement on Wednesday, Mukhtar Ibrahim, acting director of promotions at REA, said the MoU was aimed at accelerating collaboration between the private sector and government agencies.
He said the collaboration between the two agencies marked the beginning of another timely and strategic partnership targeted at exploring new approaches to clean energy development for socio-economic impact in the post-subsidy era.“A key player in the energy space, the Oando brand activated its clean energy subsidiary, Oando Clean Energy Limited in 2021,” he said.
“Facilitating inter-sectorial collaboration and ultimately, aiding the implementation and delivery of fit-for-purpose off-grid solutions nationwide.”managing director of the agency, said the best way to mitigate the effects of subsidy removal was through the exploitation of opportunities to optimise the critical role of renewable energy.
“REA has the history of ensuring that whatever kind of financing is available, there are programmes and initiatives it implements that can be used to deliver impact across the nation,” he said.
Source: Energy Industry News (energyindustrynews.net)
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