Telecom
Airtel Nigeria Goes Green as Diesel Costs Hit N28Bn
Airtel Nigeria is taking steps to switch from diesel to solar energy as it seeks a more cost-efficient way to power its telecom infrastructure.
Femi Adeniran, director, Corporate Communications and Corporate Social Responsibility of the telecom company disclosed this during a media roundtable in Lagos on Tuesday.
This shift comes in response to the surge in diesel prices, which has driven the company’s fuel expenses up to N28 billion.
In addition, Airtel Nigeria has secured licences from the Nigerian Communications Commission (NCC) to enhance connectivity.
Exploring alternatives like solar energy is crucial for the company as it grapples with the nation’s unreliable electricity supply, which often forces heavy reliance on diesel generators.
Recent data from the National Bureau of Statistics (NBS) revealed that the average cost of diesel in August 2024 was N1,406 per litre, further emphasizing the urgency of Airtel’s transition to solar power
The telecom giant’s move towards renewable energy is part of a broader strategy to reduce operational expenses and enhance sustainability amidst Nigeria’s persistent energy challenges.