Manufacturers seek tax credits and energy reforms from Nigerian government

Manufacturers have requested that the federal government introduce a 30 per cent Green Investment Tax Credit for companies investing in renewable and hybrid power solutions. This proposal aims to encourage manufacturers to transition to off-grid systems, such as solar and liquefied natural gas (LNG), to reduce reliance on expensive energy sources. The Manufacturers Association of Nigeria reported that annual expenditure on alternative energy rose by 20.72 per cent to N1.34 trillion in 2025. They also urged the government to establish a stable gas pricing framework and recognize manufacturers as strategic users of gas.

The demands are intended to lower operating costs and improve industrial competitiveness across Nigeria. Manufacturers argue that affordable and reliable energy is critical for the survival and expansion of local industries. The proposed fiscal and energy-sector reforms are aimed at easing inflationary pressures associated with expensive production.