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Nigeria Engages EU Investment Bank, Partners for Funding to Boost Energy Solutions


Nigeria is actively pursuing financing support from the European Investment Bank (EIB) and other international donor agencies to drive investments in renewable energy and energy efficiency, aimed at enhancing electricity supply and access across the country.


Dr. Mustapha Abdullahi, Director-General of the Energy Commission of Nigeria (ECN), led high-level discussions on behalf of Nigeria with representatives from the European Union, European Investment Bank, GIZ, the International Energy Agency (IEA), and Sustainable Energy for All (SEforALL). 


These engagements took place on the sidelines of the inaugural African Energy Efficiency Conference held in Addis Ababa, Ethiopia.


The talks focused on potential partnerships, innovative financing mechanisms, and supportive policy frameworks, with partners expressing strong commitments to scale up investments in Nigeria's renewable energy sector and energy efficiency initiatives.


During the conference, Dr. Abdullahi underscored the Federal Government's resolve to attract substantial investments in the energy sector to fuel economic growth and bolster climate resilience through improved energy efficiency measures.


He further highlighted Nigeria's pivotal role and dedication to pioneering sustainable energy pathways that will shape a greener future for Africa. 

  

 

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