Thursday, 5 Jun 2025
  • My Feed
  • My Interests
  • My Saves
  • My Profile
  • Read History
Subscribe
Seantobyent
  • Home
  • Entertainment

    Atiku, Obi, and Kwankwaso Explore Alliance for 2027 Presidential Election

    By kingdanzee

    OAUTHC Management Sued by 500 Former Employees Over Alleged Wrongful Termination

    By The Clansman

    Nigeria and Canada Sign Landmark Code-Sharing Agreement to Boost Aviation Connectivity

    By The Clansman

    Xtain Reveals Determination To Keep Winning, Says ‘No Days Off’

    By VirtuousPoko

    Burna Boy Gifts Portable ₦20 Million After Victory Over Speed Darlington in Boxing Match

    By The Clansman

    Katsina Government Demands Cancellation of Recent WAEC English Exam

    By The Clansman
  • Politics

    Jigawa Governor Criticizes Contractor Over Substandard Work on ₦10.8 Billion Erosion Control Project

    By The Clansman

    Justin Bieber ‘Shocked and Outraged’ by Accusations Against Diddy

    By The Clansman

    Court Sentences Lagos BRT Driver to Death by Hanging for Bamise’s Murder

    By The Clansman

    NDLEA Intercepts Indian Woman with 72 Parcels of Heroin Disguised as Chocolates in Kano

    By The Clansman

    New Nuclear Age Looms, Says Head of Armed Forces, Citing Growing Global Tensions

    By The Clansman

    Paul Okoye and His Wife Blessed with Their First Child, a Beautiful Baby Girl

    By The Clansman
  • Health

    EFCC Arrests Popular TikTok Personality Murja Ibrahim Kunya in Kano for Alleged Naira Abuse

    By The Clansman

    Nollywood actor Charles Okocha has made a heartfelt promise of eternal love to his beautiful wife, Mimi

    By The Clansman

    Saudi Arabia to provide Arafah sermon translation in Hausa, Yoruba, Fulani and 34 additional languages

    By The Clansman

    Miss Universe Runner-Up, Chidimma Adetshina, Bids Farewell to Pageantry

    By The Clansman

    Lagos court sentences 15 foreign nationals for cyber-terrorism and online fraud

    By The Clansman

    Smuggled Arms and Ammunition Intercepted by Nigeria Customs Service

    By The Clansman
  • Opinion

    Lagbaja’s Family Announces Abuja Burial for Friday

    By The Clansman

    It’s A New Day And We Grinding 24 – Rising Star, Ta Liebe

    By VirtuousPoko

    Fuel price brought down to #935 by IPMAN

    By The Clansman

    Katsina Police Arrest Two Car Theft Suspects Who Offered ₦1 Million Bribe to Officers

    By The Clansman

    The EFCC made a record-breaking arrest of 792 suspected cryptocurrency fraudsters in Lagos

    By The Clansman

    Federal Government Announces Plans to Dredge Lekki Deep Seaport Channel

    By The Clansman
  • More
    • Travel
    • Technology
    • World
  • 🔥
  • Entertainment
  • Opinion
  • Politics
  • World
  • Technology
  • Travel
  • Health
  • Uncategorized
  • Music
  • Hot
Font ResizerAa
SeantobyentSeantobyent
0
  • My Saves
  • My Interests
  • My Feed
  • History
  • Travel
  • Opinion
  • Politics
  • Health
  • Technology
  • World
Search
  • Pages
    • Home
    • Contact Us
  • Personalized
    • My Feed
    • My Saves
    • My Interests
    • My Profile
    • Read History
  • Categories
    • Opinion
    • Politics
    • Technology
    • Travel
    • Health
    • World
Have an existing account? Sign In
Follow US
© Seantoby Entertainment Network. Designed By Webrun. All Rights Reserved.
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
Share
SHARE

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.

- Advertisement -

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/

Share This Article
Twitter Email Copy Link Print
What do you think?
Happy0
Love0
Sad0
Angry0
Previous Article SEC Declares Unregistered Digital Trading Platforms Like CBEX Illegal in Nigeria
Next Article Oyo MACBAN Protests Alleged Illegal Detention, Exclusion from State Rule of Law Agency
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

US Lawmakers Urge Sanctions on Nigeria Over Rising Violence Against Christians 🇳🇬

US House Foreign Affairs Subcommittee on Africa Chairman Chris Smith Clears Way for President Trump…

By The Clansman

President Tinubu Enacts Vehicle Limit for Ministers’ Convoys

President Bola Tinubu has limited federal ministers, ministers of state, and agency heads to three…

By The Clansman

DStv and GOtv Subscribers to Face Price Hike as Multichoice Announces Rate Increase Starting March 1, 2025

MultiChoice has announced a price increase for its DStv and GOtv packages, effective March 1,…

By The Clansman

You Might Also Like

Dangote Refinery affirms capacity to supply petroleum needs of ECOWAS countries

By The Clansman

Dangote Refinery Set to Receive 5 Million Barrels of U.S. WTI Crude in July 2025

By The Clansman

Federal Government Announces Plans to Dredge Lekki Deep Seaport Channel

By The Clansman

Nigeria in Talks with Petrobras for Deepwater Oil Exploration

By The Clansman
Seantobyent
Facebook Twitter Youtube Rss Medium

About US


Seantoby Entertainment: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
  • World
  • Opinion
  • Politics
  • Tech
  • Health
  • Travel
Usefull Links
  • Contact Us
  • Advertise with US
  • Complaint
  • Privacy Policy
  • Cookie Policy
  • Submit a Tip

© Seantoby Entertainment Network. Designed By Webrun. All Rights Reserved.

Welcome Back!

Sign in to your account

Register Lost your password?