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Nigeria Green Manufacturing Policy and Investment Guide

Knowledge brief
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Download NIGERIA GREEN MANUFACTURING POLICY & INVESTMENT GUIDE

 

Nigeria’s Energy Transition Plan (ETP), launched in 2021, offers a pathway to meet net zero by 2060 while meeting the country’s energy needs.

Local manufacturing is a key priority for the Nigerian government and is embedded in the ETP as well as various national plans and policies. Original equipment manufacturers (OEMs) will play a critical role in the renewable energy development value chain. The local manufacturing/assembly of key technologies such as solar panels, inverters, solar standalone systems, electric vehicles is essential to support the decarbonization targets for the government.

To aid the private sector, investors and other stakeholders in navigating the manufacturing policy and regulatory landscape in Nigeria, this guide offers insights on two key areas:

  • Considerations for OEMs in establishing a renewable energy (RE) manufacturing company: applicable laws, processes and institutions to engage. 
  • Overview of the domestic green manufacturing policy landscape: available incentives, stakeholders and governance.

Key highlights of Nigeria's net-zero aligned pathway:

8G

Utility-scale solar capacity, by 2030

197G

Utility-scale solar capacity, by 2050

76%

Of total installed capacity in power sector, by 2050

60%

Electric vehicles, by 2050

20%

Hybrid vehicles

100%

of the vehicle fleet, fully electrified by 2050

The guide is not designed to be an exhaustive resource but rather offers a preliminary understanding of the sector landscape. It forms part of a series of country-specific guides for each of Africa Renewable Energy Manufacturing Initiative’s (Africa REMI) focus countries.

Country

Nigeria