In the heart of Nigeria, businesses and residential homes are constantly under the strain of electrical consumption. Trillions of Naira (Nigerian currency) will be lost to wasted resources if help does not come soon. Luckily, for the offices to rent Lagos and across Nigeria, the energy saving bulbs may hold the key to the future of Nigeria’s economic wellbeing. The energy saving bulbs could save Nigeria over a trillion Naira if used correctly. Nigeria recently hosted its very first Renewable Energy Day in Abuja, with Valentine Ozieh – managing director of the Concession Development Company leading the charge with a speech that highlighted how these light and energy saving bulbs will contribute to the overall global stance towards energy conservation.
The Nigeria Clean Energy Access Programme, NCEAP was initiated by the CDC in the hope of reducing overall power consumption and in turn, lowering greenhouse gasses and carbon emissions. The NCEAP initiative will begin to distribute 400 million energy saving light bulbs as well as fluorescent tubes over a three year period to the major offices as well as residences within Nigeria. At estimation, if over 100 million standard light bulbs are replaced with the energy saving variety, this will save 3,640 mw annually. The cost towards the nation of Nigeria would be an estimated 50 million Naira, yet 1.1 trillion Naira will be saved in the long run.
What is the net affect? An instant reduction in power consumption and a direct saving for all residential homes, as well as offices to rent in Nigeria – this is only a small part of the countries adoption of clean energy initiatives. Over 100,000 inverter systems will also be distributed; this includes solar power invertors at a massively discounted rate. These are long-term health benefits that will reduce exhaust fumes, generator noise and pollution – all this from energy saving bulbs and the initiative of a few prosperous individuals.