In partnership with MTN Nigeria and the Overseas Private
Investment Corporation of the United States (US) Government, Lumos said it has committed $80M to
deployment electricity in Nigeria, otherwise known as Y’ello Box, reports ITRealms.
Half of the $80m, ITRealms
gathered, has already been invested in a new solar electricity service culminating
in the employment of some 450 people under Nigeria Lumos, including
technicians, engineers and a large sales force.
Revealing these, Yuri Tsitrinbaum, the CEO of the Lumos
Mobile Electricity Service, told ITRealms that there are ambitious plans to
grow and provide power to 1m Nigerians by the end of 2017.
ITRealms reports
that Y’ello Box is a solar electricity system that officially launched earlier
this year and allows families and business owners to harness the power of the
sun cheaply and efficiently, in a way we’ve never seen before.
According to Yuri, in homes, clinics, schools and businesses
across Nigeria, people are running fans, charging phones, watching TVs and
lighting rooms, all using affordable, reliable, clean electricity.
“The Y’ello Box is already powering the lives and businesses
of more than one hundred thousand Nigerians,” the CEO said.
Designed and operated by Lumos Mobile Electricity Service, the
Y’ello Box provides electricity to customers 24 hours a day, which people pay
for using their MTN mobile phone.
“People don’t have access to the power they need. Fuel is
very expensive and other services are unreliable. The Y’ello Box saves
customers money all while providing better and more reliable electricity. As
Nigeria modernizes, our demand for power increases. It’s time we did more to
harness the power of the sun. That is why the Y’ello Box is changing so many
lives. It is affordable, it is reliable and paying by mobile phone makes it
easy,” Tsitrinbaum said.
Chuks Egbune/GEE
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