Sterling Bank Plc has launched a new and innovative digital product, known as the Imperium Platform. To connect consumers and providers of renewable energy (solar solutions) as a viable solution to Nigeria’s electricity crisis.
According to the Group Head, Dele Faseemo, the Imperium Platform sought to provide clean and affordable energy solutions. While offering several financing alternatives to consumers interested in buying the solution.
Faseemo explained that Sterling Bank, in partnership with Stears Data embarked on the study. To tackle the problem of providing solar energy in the country.
It demonstrated that after privatizing its electrical sector, Nigeria still had one of the lowest electrification rates in the world. As 43% of its population had no access to grid electricity. a sign that 85 million Nigerians are not into the country’s transmission system.
-Punch.
