Nigeria's energy policy: Inferences, analysis and legal ethics toward RE development
Oluseyi O. Ajayi and
Oluwatoyin O. Ajayi
Energy Policy, 2013, vol. 60, issue C, 61-67
Abstract:
The study critically assessed the various policy issues of sustainable energy development in Nigeria. The basic focus was to discuss and analyze some of the laws of the federation as it relates to the development of Renewable Energy in Nigeria. It surveyed the nation's energy policy statement and the vision 20:2020 of the federal government. The Renewable Energy Master Plan developed by the joint efforts of the Energy Commission of Nigeria and United Nations Development Programs were also appraised. The level of development and the index of renewable energy production as stated by the policy statement, the vision 20:2020 and the Renewable Energy Master Plan were highlighted. The study found some policy challenges which include weak government motivation, lack of economic incentives, multiple taxations, non-existent favorable customs and excise duty act to promote renewable energy technologies. Further to this, some legal reforms which may aid the promotion of renewable energy development in Nigeria and also make robust the nation's energy policy were proposed. Some of the laws that require amendment to promote renewable energy include the land use act, environmental impact assessment decree and the investment laws of the federation of Nigeria.
Keywords: Energy policy; Environment; Nigeria (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (27)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:60:y:2013:i:c:p:61-67
DOI: 10.1016/j.enpol.2013.05.095
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