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Seantobyent > Blog > Technology > Federal Government Calls for End to Solar Panel Imports Amid N200 Billion Loss
Technology

Federal Government Calls for End to Solar Panel Imports Amid N200 Billion Loss

The Clansman
Last updated: April 15, 2025 12:00 pm
The Clansman
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The Federal Government has reiterated its commitment to ending the importation of photovoltaic (PV) solar panels, citing a cumulative expenditure of over ₦200 billion as a major concern.

Speaking during a roundtable with the Lagos State Government in Victoria Island on Monday, the Managing Director/CEO of the Rural Electrification Agency (REA), Abba Aliyu, highlighted ongoing efforts to promote local manufacturing of renewable energy components.

The meeting also saw the signing of a Memorandum of Understanding between the REA and Lagos State for rural electrification initiatives. Aliyu emphasized the need to shift from reliance on imports to domestic production, identifying Lagos as a strategic leader in this transition. “Lagos, being the centre of excellence, is poised to drive the push for local manufacturing of renewable equipment,” he said.

He noted that a PV panel assembly plant in Ikotun, Lagos, had expanded from 10MW to 100MW capacity with REA’s support. Additionally, he revealed a $150 million lithium battery assembly project is underway in partnership with Green World.

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Minister of Science and Technology, Uche Nnaji, also voiced federal support for local production, referencing NASENI’s capacity to manufacture solar panels and the potential impact of Executive Order No. 5 in curbing imports.

However, the Renewable Energy Association of Nigeria (REAN) cautioned that restricting solar imports prematurely could harm the industry. The group stressed that millions rely on solar power, and any disruption without robust local capacity could stall progress.

“Solar energy powers homes, schools, and businesses across underserved areas. A ban on imports without first enhancing domestic production could hinder investment and innovation,” REAN stated.

Source : https://punchng.com/

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