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Investment One commissions solar powered water for Falomo residents

Janet Martins resides in Falomo Police barrack. Like many women, she is responsible for ensuring that her family has access to water for their daily use.

Yet this seemingly straightforward task is complicated by a myriad of challenges commonplace across the country.

To change this narrative, Investment One Financial Services Limited, an asset management firm has commissioned an off – grid water project for families and businesses at Falomo police barracks Lagos State.

Nicholas Nyamali, the Group Managing Director of Investment One Financial Services Limited who was represented by Fisayo Fagbemi, the firm’s Chief Information Officer said a huge number of Nigerians lack access to drinking water and the asset management firm is moving to close the gap.

“At Investment One, we recognize that water is essential for livelihood and wellbeing, particularly in these times where hygiene is critical to curbing the spread of COVID-19. We are therefore delighted to provide access to clean water and hygiene facilities within our immediate environment,” he said.

He added, “We have done projects like this before and have challenges with power, which was why we were intentional by doing something different with offgrid.”

Read also: Daystar Power commissions 800kWp solar power system for UAC Foods

Fagbemi explained that the percentage of people with access to clean water is reducing globally and Nigeria is not an exception which was “why we chose to look at the direction of clean water to increase the level of urbanisation in Africa’s biggest economy”.

Concerning the firm’s next CSR move, Fagbemi said, “the last project we worked on was at Surulere in Oworonshoki and we are doing this now, I can assure you that between now and December we will embark on more projects which will provide sustainable development.”

Beyond providing access to clean water, Fagbemi noted that the firm also has plans on providing investment education to police officers.

“The aim is to help police officers plan how to effectively manage their resources,” Fagbemi says.

Hakeem Odumosu, Lagos commissioner of police who was represented by Deputy Commissioner of Police Ewah B said the project means a lot to men and women of the Nigerian police force who are indebted to investment One for providing an off-grid water supply.

“This project will reduce the fear of cholera and illness in Police barracks,” the senior police chief said at the event.

He added, “We are looking for more partnership initiatives with other organisations that will help provide better welfare for members of the Nigerian police force.”

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