Vice President Kashim Shettima has announced that Nigeria’s comprehensive energy transition strategy under President Bola Ahmed Tinubu is projected to attract investments exceeding $410 billion by 2060, solidifying the country’s ambition to become Africa’s renewable energy hub.
Speaking at the opening of the Nigerian Renewable Energy Innovation Forum (NREIF) 2025 in Abuja, the Vice President highlighted the administration’s commitment to leveraging Nigeria’s vast renewable energy potential to drive industrialization, enhance productivity, and promote sustainable growth.
Shettima stated that about $23 billion will be required in the short term to improve energy access and connect millions of Nigerians still living without reliable electricity.
He emphasized that the Tinubu administration views clean energy not merely as an environmental goal but as a cornerstone of economic transformation, capable of creating jobs, attracting global investment, and ensuring inclusive growth across the nation.
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
