President Bola Ahmed Tinubu reaffirmed Nigeria’s commitment to achieving universal energy access by 2030, emphasizing the government’s goal of having renewable energy make up 50% of the national energy mix.
He made this disclosure during his participation at the Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania, on Tuesday.
Speaking on Nigeria’s energy aspirations, Tinubu said: “ We are committed to expanding and fast-tracking universal energy access for Nigerians by 2030. This will involve increasing electricity access, boosting clean cooking solutions for 227M people and expanding our renewable energy to 50% of the energy mix amongst others.”
The Mission 300 Summit brought together African leaders, international energy stakeholders, and development partners, all united by a common goal of fostering collaborations to tackle Africa’s energy deficits.
Tinubu emphasized Nigeria’s leadership role in advancing renewable energy solutions and outlined the country’s strategic policies aimed at attracting investment to the sector.
Earlier at the summit, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, delivered the keynote address during an exclusive dinner.
In his speech to select investors and development partners on Sunday evening, the Honourable Minister spotlighted Nigeria’s electricity sector as a key investment opportunity.
He emphasized the country’s commitment to macroeconomic stability, clean energy objectives, and the goal of achieving universal energy access through the “Mission 300” initiative.
Edun showcased the government’s initiatives, which include reforms in the power sector, renewable energy incentives, and a strong focus on both grid and off-grid solutions to ensure equitable energy distribution across the country.
The Mission 300 initiative is an ambitious, continent-wide strategy aimed at providing reliable energy to 300 million people by 2030. Nigeria has aligned its energy agenda with this goal, seeking to leverage international partnerships to finance renewable energy projects and develop critical infrastructure.
