Scaling Renewable Energy Generation & Access in SSA through Financial and Tax Incentives

This policy brief examines Nigeria’s National Renewable Energy and Energy Efficiency Policy (NREEEP) and explores its successes and significant challenges. The policy outlines attractive measures, such as tax credits, holidays, and exemptions, designed to stimulate the generation of renewable energy. However, the absence of a robust implementation strategy and a supporting legislative framework has hindered its effectiveness. This policy brief outlines the shortcomings of the policy’s implementation, as well as recommendations and best practices for how to adopt a similar policy more successfully in other SSA countries.