BURN Leads Nigeria's Clean Energy Cooking Transition with Policy and Financial Innovations

In a recent roundtable event in Lagos, Nigeria, experts led by BURN Manufacturing discussed the country's shift towards clean energy cooking solutions to achieve universal access by 2030. The event highlighted the importance of mass distribution of cookstoves and emphasized key policy changes, including the launch of Nigeria's carbon market and tax reforms by 2026.

Speakers like Etulan Ikpoki from BURN stressed the significance of carbon financing and affordability in promoting cleaner cooking solutions. Chidi Ohaji explained the use of carbon credits to subsidize stove prices, ensuring transparency and investor confidence.

The panelists, including industry leaders like Olamid Fagbuji and Victoria Onuoha, addressed challenges such as import duties and VAT on clean cookstoves, advocating for tax reforms to support the sector. The event showcased BURN's product range and highlighted the positive impact of clean cooking on households, including reduced fuel costs and improved health outcomes.

Dr. Olawale Akinwumi disclosed plans for a significant clean cookstove initiative benefiting 80 million Nigerians, aligning with global efforts for sustainable energy solutions.