Sat. Nov 23rd, 2024

Osinbajo to Discuss Nigeria’s Energy Transition Plan in America

Nigeria's energy transition plan

By Modupe Gbadeyanka

Vice President Yemi Osinbajo will meet with his United States counterpart, Ms Kamala Harris, and other top officials of the country to discuss Nigeria’s energy transition plan.

The VP left the shores of Nigeria on Wednesday for meetings from Thursday to seek global partnerships and support for the policy, which was launched recently.

Last week, Mr Osinbajo inaugurated Nigeria’s Energy Transition Implementation Working Group (ETWG) chaired by him and has some Ministers and other top government officials as members.

It was developed for the attainment of 2060 net-zero emissions commitment in 5 critical sectors: Power, Cooking, Oil & Gas, Transport & Industry. Nigeria needs $410 billion to deliver the Transition Plan by 2060, with at least $10 billion needed per annum for effective implementation.

While in the United States, the VP will speak on Nigeria’s Energy Transition Plan at the Centre for Global Development in Washington DC and should return to the country next week.

On his entourage are the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed; the Minister of Works and Housing, Mr Babatunde Fashola; the Minister of Power, Mr Abubakar Aliyu; the Minister of Environment, Mr Mohammed Abdullahi; the Minister of State for Petroleum Resources, Mr Timipre Sylva; and the Special Representative of the UN Secretary-General/CEO for Sustainable Energy for All, Ms Damilola Ogunbiyi.

By Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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