We Can Produce Electricity From Energy, Our Time On Earth Short – Obasanjo
One time President of Nigeria, Olusegun Obasanjo on Friday charged Nigerians to start producing electricity from renewable energy. Information Guide Nigeria
He added that the time everyone has on earth is limited and stressed that clean carbon-free sources should be harnessed for a safer environment
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The former president buttressed that solar investment is cost-effective, funds spent on the project were less than two and half years supply of diesel for generators. jamb results
“In diesel terms, it pays for itself in less than three years. In effect, the electricity it produces after three years is almost at no cost”.
“Because it is not emitting any greenhouses gases that diesel generators do, it has the potential to earn carbon credits which are currently priced at $40/ton.
“Based on estimated annual production of 2,307,000 KiloWatt hours per year, we can expect to earn nearly $39,589 in carbon credits per year.”
Obasanjo said the idea that capital is selfish fails to understand the fundamentals of nature and that green, not greed, is good.
“Our time on this beautiful earth is limited. In my life, I have sought to be a responsible steward for nature. This facility marks one of the enduring personal legacies I am proud to call my own,” he said.
