Vice-President Yemi Osinbajo has departed Abuja for the US
where he is seeking partnerships and support for Nigeria’s recently launched
Energy Transition Plan.
In a statement on Wednesday, Laolu Akande, Osinbajo’s
spokesman, said the vice-president would have meetings with Kamala Harris, his
US counterpart.
Akande said the vice-president would also be meeting with
Jennifer Granholm, secretary of energy; Janet Yellen, secretary of treasury;
and David Malpass, president of World Bank Group.
Last week, Nigeria’s transition plan was officially launched at a virtual event.
It is a homegrown, data-backed and multi-pronged strategy
developed for the attainment of 2060 net-zero emissions commitment in five
sectors; power, cooking, oil and gas, transport and industry.
The country targets $410 billion to be able deliver on the
transition plan by 2060.
“Among other highlights, the plan needs at least $10 billion
per annum above business as usual spending for effective implementation,” the
spokesman said.
“At the launch, the
World Bank and a renewable energy organization – Sun Africa, pledged a sum of
$1.5 billion each totaling an initial $3 billion investment to support the
implementation of Nigeria’s Energy Transition Plan.”
On Osinbajo’s delegation is Zainab Ahmed, minister of
finance; Abubakar Aliyu, minister of power; Babatunde Fashola; minister of
works and housing, and Mohammed Abdullahi, minister of environment, among
others.
The vice-president is expected to come back to the country
next week.
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