FG unveils energy transition plan, gets $3bn investment

Sam Adeniyi
Sam Adeniyi

Vice President Yemi Osinbajo Wednesday launched Nigeria’s Energy Transition Plan which will help Nigeria tackle energy poverty and climate change crises.

In a series of Tweets on Wednesday, Osinbajo added that Nigeria, South Africa and Angola had announced a net-zero global warming target.

According to Osinbajo, the World Bank and the US Export-Import Bank invested over $3 billion in Nigeria’s energy transition plan.

Nigeria is expected to achieve universal access to energy by 2030 and a carbon-neutral energy system by 2060 while accelerating economic growth and development.

More to follow…

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