The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to reduce import duties on renewable energy equipment to 5% and implement a full Value Added Tax (VAT) waiver. The recommendation is part of a policy brief reviewing the 2026 Fiscal Policy Measures and Tariff Amendments. CPPE stated that lowering import duties and removing VAT would make solar technology more affordable and accessible, supporting energy access across Nigeria. The group emphasized that reduced tariffs could stimulate private sector investment in renewable energy projects. CPPE linked the proposed measures to broader efforts to address the country's persistent power shortages.
The CPPE wants cheaper solar imports while Nigeria still depends on imported generators and fuel. Reducing duties on solar equipment does nothing for Nigerians who cannot afford any upfront costs, even at lower tariffs. The reality remains that most households rely on costly alternatives because grid power is unreliable. Without direct support for purchase or financing, the proposed tax cuts will benefit importers more than end users.
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