Nigeria Sets Sights on $4 Billion Green Energy Investment by 2050

Nigeria is taking a bold step towards a greener future by targeting a $4 billion investment in renewable energy by 2050, as announced by the Director General/CEO of the Energy Commission of Nigeria (ECN), Dr. Mustapha Abdullahi.

The country aims to diversify its energy sources and reduce its reliance on fossil fuels, in line with global efforts to combat climate change and ensure energy security.

Speaking at a press briefing in Abuja on Friday, Dr. Abdullahi emphasized the importance of clean and renewable energy in Nigeria’s sustainable development.

He stated that the ECN is working to create a business-friendly environment through plans and policies to attract investment in renewable energy, as no country can rely solely on its own resources in the renewable energy generation plan.

The campaign objectives and strategies include raising public awareness, promoting energy efficiency, encouraging investment in renewable energy projects, engaging with communities and local authorities, and empowering individuals and organizations to make informed decisions.

The expected outcomes of the campaign are increased awareness, enhanced public support, and strengthened partnerships with government agencies, private sector stakeholders, and local communities.

Nigeria, as a nation rich in diverse energy resources, has a unique opportunity to lead the transition towards clean and renewable energy solutions.

The promotion of energy efficiency practices and the adoption of sustainable energy sources are crucial steps in ensuring a cleaner and greener future for Nigeria and the world at large.