Speaking at the signing event, Mr. Ernest Akinlola, Managing Director, Bboxx Energy Access Nigeria said, “I am honoured and privileged to represent Bboxx Limited and Bboxx Energy Access Nigeria at the signing of the output-based fund. The $60million fund allows Bboxx Nigeria to receive grants in the form of subsidies for the installation of Solar Homes Systems (SHS) for households and micro, small, and medium enterprises in rural areas as part of Nigeria’s Electrification Project (NEP). With this development, we will significantly advance our commitment to providing sustainable, clean power to 20 million Nigerians in the next ten years.
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As part of the qualification process, Bboxx met all the requirements for inclusion into the scheme. This is also a testament to the hard work and effort of the global team at Bboxx Limited, Bboxx Capital, and Bboxx Energy Access Nigeria Limited. I would like to acknowledge the excellent support from the REA and NEP PMU team in helping us achieve our common goal of providing energy access to the most needy.”
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