The Federal Government has restated its commitment to renewable energy development, stressing that small and medium enterprises (SMEs) will play a key role in the transition.
Secretary to the Government of the Federation (SGF), Senator George Akume, said this in Abuja while receiving a delegation from KF Manufacturing Company, Guangzhou, China, led by its CEO, Mr. Bruce Zheng.
Akume explained that renewable energy is a core part of President Bola Ahmed Tinubu's economic recovery plan, noting that access to clean power will boost productivity for households, industries, and SMEs. He added that the government is making the business environment more friendly by removing multiple taxes and scrapping the foreign exchange bottlenecks that often weigh down SMEs.
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He urged local entrepreneurs to tap into the renewable energy value chain through partnerships, innovation, and service delivery.
Mr. Zheng, in his remarks, expressed his company's readiness to collaborate with Nigeria on affordable clean energy, supplying solar panels, batteries, and inverters that can help SMEs cut energy costs, reduce reliance on fossil fuels, and expand their operations sustainably.
