By Aderogba George
An entrepreneur, Dr Obaje Austin, has advocated the adoption of solar technology to drive economic growth, strengthen value chains, and create employment opportunities in Nigeria.
Austin, Managing Director of Powerverse Tech Ltd. and Executive Director of Oyoyo Market Square Ltd., made the call in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja.
He spoke during the one-year anniversary of Oyoyo Iceblock, a solar-powered business initiative.
He said solar energy had the potential to revolutionise Nigeria’s economy and improve livelihoods across sectors.
According to him, his solar-powered ice block production business demonstrates how renewable energy can support small-scale industries and stimulate economic activities.
“For example, we developed the Oyoyo Ice Block Industry, which is powered 100 per cent by solar energy, even though it was not part of our initial business plan,” he said.
Austin said he had also converted his residence to a fully off-grid solar-powered system, with uninterrupted electricity supply for over two years.
He explained that the system powers appliances such as freezers, air conditioners, water pumps and pressing irons without reliance on the national grid.
He said the ice block business started on a small scale, producing about 12 blocks, but gradually expanded to between 48 and 50 blocks daily.
He noted that increased production capacity attracted more customers and improved business performance.
Austin said the initiative had created jobs for graduates and prospective National Youth Service Corps members.
He added that customers travel from Mararaba in Nasarawa State and Gwagwalada Area Council to purchase the ice blocks.
According to him, the business has developed a value chain involving tricycle operators, traders and retailers who depend on the product for their livelihoods.
“In the mornings, tricycle riders transport the products, while women buy and resell them to others who use them to cool drinks for sale,” he said.
He said the ripple effect of the business supports multiple income streams and contributes to local economic development.
Austin urged stakeholders to invest in solar energy solutions to unlock broader economic benefits nationwide.
He said his company had also developed machines that could be remotely operated through mobile devices.
He added that plans were underway to upgrade the technology with advanced features during a forthcoming trip to China. (NAN)www.nannews.ng
Edited by Tosin Kolade
