From Fred Itua, Abuja
The European Union (EU), said it is reaffirming its commitment to advancing Nigeria’s energy sector by introducing two projects valued at €9 million.
It said 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, are poised to revolutionise energy accessibility and promote sustainable practices to combat pollution and climate change.
Under the EU Global Gateway Strategy, the projects aim to enhance “connectivity, foster economic growth and promote sustainability through collaborative efforts. With a budget of €5 million, the SHP-DAIN project focuses on increasing the capacity of small hydropower in Nigeria’s energy mix to drive productivity along agricultural value chains, thereby enhancing livelihoods and promoting food security.
EU Ambassador to Nigeria and ECOWAS, Ms. Samuela Isopi highlighted 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.
“Through tailored training and knowledge management, the project aims to empower key stakeholders and promote the adoption of renewable energy for productive uses,” she said.
Additionally, the Advancing Nigeria’s Green Transition to Net Zero through Circular Economy Practices project, with a budget of €4 million, focuses on improving the management of used off-grid energy equipment and plastics through circular economy practices. By strengthening policy frameworks and supporting SME-led circular economy initiatives, the project aims to mitigate pollution and greenhouse gas emissions while fostering sustainable business practices.
During the official launch of the projects in Abuja, Minister of Power, Adelabu Adebayo expressed optimism about their potentials to enhance agricultural productivity, improve livelihoods and mitigate environmental challenges. He underscored the importance of these initiatives in promoting a green and just transition to net zero emissions, aligning with Nigeria’s commitment to decarbonise its economy and achieve sustainable development goals.
To ensure the success of these projects, project steering committees (PSCs) were inaugurated, reflecting the government’s dedication to effective project management and implementation.
The committees are expected to play a crucial role in overseeing project activities and maximising their impact on Nigeria’s energy sector and sustainable development agenda.
“The launch of the EU-funded projects marks a significant milestone in Nigeria’s journey towards a more sustainable and environmentally responsible future. By harnessing renewable energy sources and adopting circular economy principles, Nigeria is poised to achieve greater energy security, promote economic growth and combat climate change.
“The EU’s continued support for Nigeria’s energy sector 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 and resilient future for its citizens,” she added.