Buhari seeks US support for Nigeria’s energy plan

The President Major General Muhammadu Buhari (retd.), on Monday in Washington DC, sought the United States’ support to achieve Nigeria’s Energy Transition Plan which, he said, requires at least N10bn/year to finance.

This was as he argued that Nigeria became the first African country to develop a detailed Energy Transition Plan to tackle both energy poverty and climate change.

He also reaffirmed the federal government’s commitment to generating 30 Gigawatts of energy by 2030.

“Consequently, the $10bn per year target of our Energy Transition Plan represents a significant scaling of current investment flows and we need support from the U.S. to mobilize the needed resources,” Buhari told world leaders during the discussion panel on Just Energy Transition at the ongoing US-Africa Leaders Summit in DC.

Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed this in a statement signed late Tuesday, titled At US-Africa leaders’ summit in Washington, President Buhari restates energy target of 30 gigawatts by 2030.

While outlining the comprehensive Energy Transition Plan unfolded by his regime administration in response to climate change, Buhari said, “As part of the National Renewable Energy and Energy Efficiency Policy, we set the vision 30:30:30 which aims at achieving 30GW of electricity by 2030 with renewable energy contributing 30 per cent of the energy mix.

“Last year, Nigeria became the first African country to develop a detailed Energy Transition Plan to tackle both energy poverty and climate change, and deliver SDG7 by 2030 and net-zero by 2060.