Nigerian Banks Accused of Frustrating Solar Energy Expansion

16 January 2018

A solar energy expert and Chairman of AO Demarg, General Ademola Fadunsi, (rtd), has blamed banks for the slow pace of solar energy investments in Nigeria, saying the inability of banks to grant loans to investors in the sector had made investment difficult.

This was even as he hailed the Federal Government for releasing N2 billion through the Bank of Industry BoI, for investors in the industry to access.

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