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Nigeria Targets $410 Billion Investment for Renewable Energy Hub

Business1 min read
Nigeria Targets $410 Billion Investment for Renewable Energy Hub

Vice President Shettima revealed Nigeria's plan to unlock $410 billion in investments by 2060 to position the nation as Africa's renewable energy hub. The initiative aims to address energy poverty by connecting millions of Nigerians to clean energy sources.

Shettima emphasized the need for local capacity building and collaboration with stakeholders to drive the renewable energy market. The Nigerian Renewable Energy Innovation Forum (NREIF) was inaugurated to foster partnerships and innovation in the sector, with a focus on self-sustainability and indigenous manufacturing.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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