• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, June 1, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
Home Business Extractives/Energy

Nigeria’s Proposed Solar Import Ban Sparks Debate 

April 11, 2025
in Extractives/Energy
Reading Time: 5 mins read
0

Energy and trade experts in Nigeria have raised serious concerns over the Federal Government’s proposed ban on the importation of solar panels, warning that such a move could jeopardize the country’s clean energy agenda, delay energy access for underserved communities, and worsen the national energy crisis. 

Dr. Yusuf Adedayo, a renewable energy specialist at the University of Lagos, expressed caution about the timing of the ban. 

“We must first assess if Nigerian manufacturers have the capacity to produce high-quality solar panels at scale.

“If we impose a ban without a strong local supply chain, we risk stalling renewable energy access in rural and underserved areas.” 

Dr. Yusuf Adedayo, Renewable Energy Specialist at the University of Lagos

Adedayo highlighted that most local producers still rely on imported components for assembly, and disruptions in the global supply chain could negatively impact production timelines. 

RelatedPosts

Expert Calls for Strengthening DMCs to Improve Small-Scale Mining Governance

Ghana to Establish West Africa’s First Climate and Sustainability Hub 

Fuel Prices Set to Drop 5-9% as Cedi Strengthens – ASEC 

Similarly, Dr. Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprises (CPPE), warned that Nigeria’s energy crisis could worsen if the government proceeds with the ban. 

“It is important to clarify that Executive Order 5 is a procurement policy which directs Ministries, Departments, and Agencies (MDAs) to give preference to Nigerian service providers in their procurement process for goods and services.

“It is clearly different from a trade policy measure which has wider economic implications and requires a more rigorous study before policy pronouncements are made.” 

Dr. Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprises (CPPE)
Transition to Renewable Energy
Transition to Renewable Energy

Engr. Hadiza Musa, energy consultant and CEO of GreenSource Power, emphasized the need for a gradual approach to the transition. 

“A sudden ban could spike the cost of solar installations drastically.

“For a country where over 85 million people are still without electricity, we can’t afford to make solar energy more expensive or less accessible.” 

Engr. Hadiza Musa, energy consultant and CEO of GreenSource Power

Musa urged the Federal Government to focus on building a comprehensive ecosystem to support local manufacturers. This includes providing tax reliefs, access to finance, infrastructure development, and partnerships with international solar technology companies. 

Nigeria’s Vision for Local Production 

Nigeria’s Solar Energy Future Hinges on Strategic Engagement
Solar Energy Installation

The proposed ban aligns with Presidential Executive Order No. 5, which promotes local content in science, engineering, and technology.  

Uche Nnaji, Minister of Science and Technology, announced the policy during a recent event in Abuja, stating that the move is part of efforts to boost local production and drive Nigeria’s clean energy transition. 

“With NASENI here, we have panels. It has a factory that has started producing solar panels, and other private individuals are also producing solar panels as we speak.

“We will support our local industries to grow, and very soon, most houses will go off-grid.” 

Uche Nnaji, Minister of Science and Technology

Despite the government’s optimism, stakeholders warn that an outright ban, if implemented hastily, could disrupt ongoing solar energy projects, drive up installation costs, and slow down Nigeria’s transition to clean energy. 

Energy analyst Aisha Mohammed noted that the price of solar panels in Nigeria is already high, and a ban on imports could make them even more expensive. 

edited solar

“This could make it difficult for many Nigerians to afford solar panels, and it could also discourage businesses from investing in solar power.” 

Energy analyst Aisha Mohammed

Experts suggest that a phased transition blending imported panels with growing local output could stabilize the shift. Jide Pratts, country manager of Trade Grid, argued that Nigeria needs to decide whether it wants a free market or a controlled market. 

“You do not stop imports until you provide incentives for local capacity to meet at least 70 percent of local demand. Even then, when that happens, why stop it?” 

Jide Pratts, country manager of Trade Grid

As Nigeria grapples with its energy crisis, the proposed solar panel import ban presents both opportunities and challenges.  

While the policy could stimulate local manufacturing and reduce reliance on imports, experts caution that its implementation must be carefully planned to avoid disrupting the renewable energy sector and making solar solutions less accessible to Nigerians. 

READ ALSO: GSE Records Tepid Trading Session with Ghana Oil Company as Sole Gainer 

Tags: Energy transitionLocal solar manufacturingNigeria renewable energyrenewable energySolar panel import ban
Share2Tweet1ShareSendSend
Previous Post

President Mahama Pledges Merit-Based Promotions, Improved Welfare for Ghana’s Armed Forces 

Next Post

Double-Track System Still Has Merit, Says Awudu Mahama

Related Posts

LMWG Calls on President to Intervene in Adamus Mining Dispute

Expert Calls for Strengthening DMCs to Improve Small-Scale Mining Governance

by Prince Agyapong
June 1, 2025
0

Ing. Wisdom Edem Gomashie, renowned mining consultant has urged the government to strengthen and restructure District Mining Committees (DMCs) to improve the governance of Ghana’s artisanal and small-scale mining (ASM) sector. Speaking on the future of...

Hon. Seidu Issifu Unveils Ghana’s Ambitious Transition to Circular Economy 

Ghana to Establish West Africa’s First Climate and Sustainability Hub 

by Prince Agyapong
May 31, 2025
0

Minister Seidu Issifu announces plans to launch a Climate and Sustainability Hub in Ghana

Fuel Prices

Fuel Prices Set to Drop 5-9% as Cedi Strengthens – ASEC 

by Prince Agyapong
May 30, 2025
0

The Africa Sustainable Energy Centre projects a 5-9% reduction in Ghana’s fuel prices, citing a stronger cedi and falling global oil prices.

Mining Investments

Chamber of Mines Calls for Transparency, Reports $11.9B Mineral Exports in 2024 

by Prince Agyapong
May 30, 2025
0

At its 97th AGM, the Ghana Chamber of Mines urged government transparency and policy consistency while revealing a 19.3% surge in gold

President Bola Ahmed Tinubu

Nigeria Targets Investment Revival with New Oil and Gas Incentive Order 

by Prince Agyapong
May 30, 2025
0

Nigeria’s Upstream Petroleum Operations Cost Efficiency Incentives Order (2025) aims to attract new investment

Please login to join discussion

Recent News

  • Police Arrest Two Suspects In Murder Case
  • Expert Calls for Strengthening DMCs to Improve Small-Scale Mining Governance
  • CDD-Ghana Fellow Questions Relevance of New Fiscal Council
  • Rihanna’s Father Passes Away
  • Poland Votes In Presidential Run-off
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.