Vice President Yemi Osinbajo, in the early hours of today, Wednesday August 31, departed Abuja for the United States of America, to seek global partnerships and support for Nigeria’s recently launched Energy Transition Plan.
According to a State House Press Release, Prof. Osinbajo is leading Nigeria’s Energy Transition Implementation Working Group, ETWG on the US mission with meetings starting from tomorrow-1st of September, to promote the plan and secure global support from the US government, the private sector and other development partners.
Fresh Angle International, understands that the ETWG, which is chaired by the VP comprises relevant ministers and other top government officials.
Nigeria’s Energy Transition Plan, officially launched last week at a global virtual event is a homegrown, data-backed and multi-pronged strategy 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.
Among other highlights, the plan needs at least $10 billion per annum above business as usual spending for effective implementation.
At the launch, the World Bank and a renewable energy organization - Sun Africa, pledged a sum of $1.5 billion each totaling an initial $3 billion investment to support the implementation of Nigeria’s Energy Transition Plan.
While in the United States, Prof. Osinbajo will meet US Vice President, Kamala Harris; US Secretary of Energy, Jennifer Granholm; Secretary of Treasury, Janet Yellen, and President of World Bank Group, David Malpass, among others.
The Vice President, is also scheduled to speak on Nigeria's Energy Transition Plan at the Centre for Global Development in Washington DC.
The Vice President’s delegation to the U.S. include Minister of Finance, Budget and National Planning, Zainab Shamsuna Ahmed, Minister of Works and Housing, Babatunde Fashola; Minister of Power and Minister of Environment, Mohammed H. Abdullahi.
Minister of State for Petroleum Resources, Timipre Sylva and the Special Representative of the UN Secretary General/CEO for Sustainable Energy for All, Damilola Ogunbiyi, Nigeria's Ambassador to the United States, Dr. Uzoma Emenike, are also part of the delegation.
The Vice President will return to Abuja early next week.
Copyright: Fresh Angle International (www.freshangleng.com)
ISSN 2354 - 4104
Sponsored Ad
Hitler Preye Bela
She is the Confidential Secretary/Desktop Publisher of Fresh Angle International Newspaper. A Graduate of Computer Science, Federal Polytechnic, Auchi, Edo State with over 7years experience in Desktop Publishing.
She can be reached on 07033457898
Read other stories by Hitler Preye Bela
Our strategic editorial policy of promoting journalism, anchored on the tripod of originality, speed and efficiency, would be further enhanced with your financial support.
Your kind contribution, to our desire to become a big global brand, should be credited to our account:
Fresh Angle Nig. Ltd
ACCOUNT NUMBER: 0130931842.
BANK GTB.
×
![]()