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Home Business & Finance Business

Airtel Nigeria embraces solar energy to cut costs amid rising diesel prices

Quadri Olaitan by Quadri Olaitan
September 24, 2024
in Business
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Airtel Nigeria is transitioning to solar energy to reduce operational costs and enhance sustainability amid soaring diesel prices of ₦28 billion.

 

[dropcap]A[/dropcap]irtel Nigeria is adopting solar energy to power its telecom infrastructure, aiming to cut costs and enhance sustainability amid rising diesel prices that have led to ₦28 billion in fuel expenses.

Airtel Nigeria, one of the country’s leading telecommunications companies, is shifting towards solar energy as a cost-effective solution for powering its telecom infrastructure.

 

Also read: MTN Nigeria and WWF launch Nigeria pachiPanda challenge for young entrepreneurs

 

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This decision comes as rising diesel prices have driven the company’s fuel costs to an astonishing ₦28 billion.

The move towards renewable energy is part of a comprehensive strategy to reduce operational expenses and promote sustainability in the face of Nigeria’s ongoing energy challenges.

During a recent media roundtable in Lagos, the Director of Corporate Communications and Corporate Social Responsibility highlighted the company’s records as of May, illustrating the pressing need for change.

Chief Technical Officer Harmanpreet Dhillon confirmed that Airtel is actively exploring alternative energy options, including solar power.

This transition aims to mitigate the challenges associated with Nigeria’s unreliable power supply, which has compelled telecom operators to depend heavily on diesel generators.

As Airtel Nigeria embraces this renewable energy solution, it seeks to enhance its operational efficiency and contribute positively to environmental sustainability.

Source: Read more at thisdaylive.com

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

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