By Michael Olaitan, Co-founder, PowerNow PayLater
Let’s be honest—doing business in Nigeria feels more like surviving than scaling.
Between unreliable electricity, rising fuel prices, and the constant hum of generators, many businesses are silently bleeding.
But what if the very problem—power—could become the solution?
That’s what solar energy makes possible.
The Real Cost of Power for Nigerian Businesses
The average small business in Nigeria spends ₦20,000–₦100,000 monthly on fuel. That doesn’t even account for generator maintenance, oil changes, or repairs.
But the real cost?
Lost productivity due to blackouts
Unhappy customers who walk away
Staff idling because “there’s no light”
The power problem is more than inconvenient. It’s a growth killer.
Why Solar Energy is the Smart Choice for Nigerian Businesses
Solar isn’t a luxury anymore—it’s a competitive edge.
Here’s why Nigerian business owners are making the switch to solar energy:
Lower long-term costs: Solar drastically reduces monthly energy expenses.
Stable productivity: No more “up NEPA” interruptions.
Predictable budgeting: No surprises from fuel scarcity or price hikes.
Solar energy for businesses in Nigeria isn’t just about the environment—it’s about business survival and growth.
The Bigger Picture: Solar Energy and Nigeria’s Economic Future
Now imagine this:
100,000 SMEs across Nigeria running on solar power.
Here’s what that future looks like:
New jobs: Solar technicians, installers, suppliers
More output: Businesses stay open and productive
Healthier communities: Less noise, less pollution
A stronger economy: Built on sustainable energy
Solar energy is shaping the next generation of Nigerian entrepreneurs.
Solar Entrepreneurship in Nigeria: Our Journey with PowerNow.
When we launched PowerNow PayLater, the biggest challenge wasn’t convincing people solar was better—it was making it affordable.
So we built a solution:
No massive upfront payment
Flexible PayLater options
Reliable solar systems installed and maintained professionally
Today, we’ve helped families, schools, and businesses switch to clean, consistent power—without the stress of financial strain.
We’re not just in the solar business.We’re helping build the infrastructure for energy-smart entrepreneurship in Nigeria.
Conclusion: Why the Future is Solar for Your Business
If you’re running a business in Nigeria, one thing is clear:
You can’t scale on “generator life.”
The most successful business owners of the next five years will be those who are energy-independent, efficient, and future-minded.
Solar is no longer optional.It’s your edge, your safety net, and your growth lever.
