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

Anioma State: Reason Above Sentiments

Hungry Abuja Pikin: A Reflection

By Emmanuel Onwubiko When in 1992, the then self -styled military president of Nigeria, four stars General, the gap-toothed Ibrahim Badamasi Babangida,

Latest from News

Jonathan: PDP Remains Alive, Strong Ahead of 2027

Former President Goodluck Ebele Jonathan has dismissed claims that the Peoples Democratic Party (PDP) is weakened or near collapse, insisting that the party remains alive, strong and resilient despite its current internal challenges. Jonathan made the remarks on Tuesday evening, January 6,
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

Five Most Profitable Insurance Stocks In Q3 2025

Five Most Profitable Insurance Stocks In Q3 2025

Within the third quarter (Q3) of 2025, shareholders of 17
Confederation Cup: EFCC FC Defeats EDEL FC 5-4

Confederation Cup: EFCC FC Defeats EDEL FC 5-4

The Economic and Financial Crimes Commission (EFCC), Football Club, EFCC