Lumos Nigeria, a leading solar home systems service provider through its Lumos Yéllo box has signed a debt financing agreement with All-On, a Nigerian off-grid energy investment company, as part of a project aimed at providing affordable solar electricity to families, homes and businesses in the Niger-Delta.
This facility will help Lumos to accelerate the entry of its service into hard to reach areas within the region. The agreement was officially flagged off at a media event/signing ceremony and press conference held at the Presidential Hotel, Port Harcourt, Rivers State.
Speaking on the development, the Chief Executive Officer of Lumos Nigeria, Mr. Houssam Azem said: “This debt facility from All-On further cements the strategic relationship between Lumos Nigeria and All-On, and is geared towards the penetration of Lumos SolarHome Systems in the Niger- Delta region. All-On has established itself as a leader inoff grid energy in Nigeria and we are therefore excited to work with All-On to enhance energy access for Nigerians in the Niger- Delta and indeed, across the country.”
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