Nigeria's Fuel Subsidy Removal Spurs Solar Shift, But Climate Plan Needed.

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Source: The Associated Press
Nigeria's Fuel Subsidy Removal Spurs Solar Shift, But Climate Plan Needed.
Photo: The Associated Press
TL;DR Summary

The removal of Nigeria's fuel subsidy has increased interest in solar energy, which could accelerate progress toward mitigating climate change in Africa's largest economy. However, experts say the government needs a clear plan to make the most of this new opportunity to advance Nigeria's climate goals, which include eliminating fossil fuel-run generators widely used to keep the lights on in homes and businesses. Solar adoption has largely been hampered by relatively high upfront costs, but incentives such as tax credits and low-interest financing for people who use solar and businesses that provide solar installations could help expand access to off-grid solar energy for homes and businesses.

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