Producing Sola Cells Locally Will Cause 60% Price Reduction – Minister

July 16, 2021
by
Ogbonnaya Onu
Ogbonnaya Onu

Producing solar cells locally will help reduce price of solar panels by 60 per cent and contribute to Nigeria’s transition into a green economy, the Minister of Science and Technology, Dr Ogbonnaya Onu, has said.

Onu said this while speaking at a virtual meeting with the Director-General of the International Renewable Energy Agency (IRENA), Mr Francesco La Camera, according to a statement on Thursday titled ‘Onu calls for indigenous solar cell production’.

Join our WhatsApp Channel

The statement quoted the minister as saying the production of indigenous solar cells would have a positive attendant effect on many industries in the country.

He called for the assistance of IRENA on institutional capacity building for research in enhancing green hydrogen energy.

“We want to make our solar cells in Nigeria; more foreign investors should be encouraged to come into Nigeria, which has a huge market of 200 million people,” Onu said.

The IRENA DG assured the minister that the agency would collaborate with Nigeria in developing renewable energy and boosting foreign direct Investment.

+ posts

Featured Stories

Latest from News

Obiano Congratulates Super Falcons On WAFCON Triumph Over Morocco

Obiano Flays Death Rumours, Reassures Public of Excellent Health

Reports claiming that former Anambra State Governor Chief Willie Obiano had died in London circulated widely on Friday, prompting widespread concern online. Immediately the rumour broke, Prime Business Africa reached out to both Obiano and his wife, but while their phone lines

Indefinite Strike Hits Federal Health Sector Starting Tonight

Federal health facilities across Nigeria are set to be grounded as the Joint Health Sector Unions (JOHESU) directs its members to commence an indefinite nationwide strike from midnight of Friday, November 14, 2025, over a 12-year unresolved demand for adjustment of the
Israel-Gaza Shame: A Festering Cancer To Global Peace

Hamas Tightens Grip on Gaza Amid Stalled Peace Talks

Hamas is consolidating its control over Gaza, sparking concerns about its willingness to relinquish power. Despite promises to hand over authority to a new technocratic administration, Hamas continues to exert control through various means. Regulating Prices and Levying Fees The group is
PDP 1
Previous Story

Confusion, As Court Restrains INEC From Publishing Name Of PDP Candidate In Anambra

Gov. Lalong
Next Story

Lalong Grants Financial Autonomy To Plateau Judiciary, Legislature

Don't Miss

AfCFTA

How Nigeria’ll Become Maritime Hub For AfCFTA, Shippers’ Council

The Executive Secretary, Nigerian Shippers’ Council (NSC), Mr Emmanuel Jime,
10 Things You Didn’t Know About Yul Edochie’s First Wife, May

10 Things You Didn’t Know About Yul Edochie’s First Wife, May

Since second wife and son surfaced online, insider reports have