Nigeria is billed to benefit from Germany’s ambitious €4 billion investment in green energy projects across Africa by 2030.
A statement by the Director of Media and Corporate Communications at the National Space Research and Development Agency, Dr Felix Ale, stated that following the German Federal Foreign Office H2 Diplo Study Tour, Nigeria’s Minister of Innovation, Science, and Technology, Chief Uche Nnaji, emphasised the strategic importance of this collaboration.
“Nigeria is making a bold move in its energy transformation by positioning itself to benefit from Germany’s €4 billion commitment to green energy projects across Africa by 2030,” Nnaji said.
“This initiative is fully aligned with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which emphasises economic diversification, job creation, and sustainable development—key pillars of his 8-point plan to revitalize Nigeria’s economy,” he said.
The minister added that the engagement with Germany was built on fruit discussions between the president and the Chancellor of Germany.
“Our engagement with Germany builds on the fruitful discussions between President Tinubu and Chancellor Olaf Scholz, which resulted in a landmark €500 million renewable energy and gas deal,” Nnaji stated.
Nnaji disclosed that the discussions involved key representatives from German ministries, including the Federal Ministry of Research and Education and the Federal Ministry for Economic Cooperation and Development.
GIK/APA
