Monrovia – President Joseph Nyuma Boakai has issued Government Order No. 152, suspending import tariffs on off-grid photo voltaic and renewable power merchandise.
By Willie N. Tokpah
The transfer is aimed toward accelerating the nation’s transition to scrub and reasonably priced power.
An Government Order, issued on Thursday, August 28, comes as a strategic renewal following the expiration of Government Order No. 134.
It displays the federal government’s renewed dedication to advancing rural electrification, lowering power prices, and inspiring funding in Liberia’s renewable power sector.
The suspension applies to a variety of off-grid photo voltaic merchandise, together with lighting and electrification programs, photo voltaic photovoltaic parts, energy-efficient home equipment, batteries, panels, management models, and different vital applied sciences wanted to help clear power options in underserved communities.
“Clear and reasonably priced power is central to our growth agenda,” President Boakai acknowledged within the Government Order.
“By eradicating boundaries to importation, we’re creating alternatives for Liberians to entry renewable power options that enhance livelihoods, energy companies, and strengthen our economic system.”
Underneath the brand new order, importers will now solely be required to pay Customs Person Charges (CUF) and the place relevant, the ECOWAS Commerce Levy (ETL).
To qualify for these advantages, entities have to be actively concerned within the renewable power sector, registered with the Rural and Renewable Power Company (RREA), and guarantee all imported merchandise meet high quality and security requirements set by the Nationwide Requirements Authority.
The coverage takes instant impact and is predicted to decrease the price of clear power merchandise, making them extra accessible to households, establishments, and small companies, significantly in rural and off-grid communities the place power poverty stays a urgent problem.
Analysts say the transfer indicators a constructive shift towards attaining Liberia’s nationwide power targets whereas aligning with international efforts to fight local weather change and promote inexperienced development.
With slightly below 30% of Liberians presently accessing electrical energy, the Government Order is poised to assist bridge that hole considerably.
The federal government additionally sees the tariff suspension as a catalyst for personal sector funding in photo voltaic and different renewable applied sciences, which might generate jobs, cut back dependency on fossil fuels, and enhance financial resilience.
President Boakai’s newest motion underscores his administration’s strategic give attention to sustainable growth and inclusive development by making certain that no group is left behind within the nation’s power transition.
