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Nigeria Imports N435bn Solar Panels – NBS

Data from the National Bureau of Statistics (NBS) showed imports remained significant across all quarters, with values of ₦125bn in Q1, ₦117bn in Q2, ₦92bn in Q3, and ₦101bn in Q4.

Nigeria Spends Over N200bn on Solar Panel Importation

Nigerians spent about N242.68bn on the importation of solar panels in the first half of 2025, underscoring the country’s sustained demand for renewable energy solutions even as the Federal Government intensifies efforts to boost local production.