The Federal Government of Nigeria has approved tax waivers for almost 4,000 electric vehicles imported in the first half of 2026, marking the first batch processed under a new initiative to promote cleaner transport through tax incentives and local assembly programmes. The move is part of Nigeria's 2022 Energy Transition Plan, which targets electric vehicles accounting for 60 per cent of the country's vehicle fleet by 2050, though the country faces persistent electricity shortages and inadequate charging infrastructure.
Why it matters: The tax waiver programme signals government commitment to EV adoption in Nigeria, potentially creating early demand for charging infrastructure despite current grid limitations. Procurement teams and charge point operators should monitor how local assembly requirements and fleet electrification targets shape infrastructure tender opportunities in West Africa's largest economy.