The European Union (EU) reaffirms its commitment to bolstering Nigeria’s energy sector with two innovative projects totaling €9 million.
The initiatives, Small Hydro Power Development for Agro-industry Use in Nigeria (SHP-DAIN) and Advancing Nigeria’s Green Transition to Net Zero through Circular Economy Practices aim to revolutionize energy access and promote sustainability to combat climate change and pollution.
Under the EU Global Gateway Strategy, these projects aim to enhance connectivity, foster economic growth, and promote sustainability through collaborative efforts.
The SHP-DAIN project, with a budget of €5 million, focuses on increasing small hydropower capacity in Nigeria to drive productivity along agricultural value chains, thereby enhancing livelihoods and promoting food security.
EU Ambassador to Nigeria and ECOWAS, Ms. Samuela Isopi, emphasized the significance of the SHP-DAIN project in strengthening Nigeria’s renewable energy framework and supporting the establishment of small hydropower facilities across the country.
The project aims to empower stakeholders and promote renewable energy adoption through tailored training and knowledge management.
Additionally, the Advancing Nigeria’s Green Transition to Net Zero through Circular Economy Practices project, with a budget of €4 million, aims to improve the management of used off-grid energy equipment and plastics through circular economy practices.
The project seeks to mitigate pollution and greenhouse gas emissions by strengthening policy frameworks and supporting SME-led initiatives while fostering sustainable business practices.
During the official launch in Abuja, Minister of Power, Adelabu Adebayo, expressed optimism about the projects’ potential to enhance agricultural productivity, improve livelihoods, and mitigate environmental challenges.
He underscored their importance in promoting a green transition to net zero emissions, aligning with Nigeria’s commitment to sustainable development goals.
To ensure project success, project steering committees (PSCs) were inaugurated, reflecting the government’s dedication to effective project management.
These committees will oversee project activities, maximizing their impact on Nigeria’s energy sector and sustainable development agenda.
The launch of these EU-funded projects marks a significant milestone in Nigeria’s journey towards a more sustainable future.
By harnessing renewable energy and adopting circular economy principles, Nigeria aims to achieve greater energy security, promote economic growth, and combat climate change.
The EU’s support underscores the importance of international collaboration in addressing global challenges and advancing sustainable development goals.
Through strategic partnerships and innovative initiatives, Nigeria is well-positioned to navigate the transition to a low-carbon economy and build a prosperous future for its citizens.
By Dare Akogun
