Two new energy projects in Nigeria will receive €9 million from the European Union (EU).
These initiatives seek to advance sustainable practices while expanding access to inexpensive, clean energy.
The projects are centered on developing small hydropower and supporting a circular economy in order to create a cleaner future.
Improving Nigeria’s Energy Security and Sustainability
The European Union has started two new projects with a combined budget of €9 million to help Nigeria’s energy aims. This program demonstrates the EU’s continued commitment to helping Nigeria achieve universal access to cheap, clean energy.
The projects focus on particular sectors that are essential to Nigeria’s energy development:
Nigerian Agro-Industrial Small Hydropower Development (SHP-DAIN): The goal of this project is to improve Nigeria’s energy mix by boosting the capacity of small hydropower facilities. This will boost productivity in other sectors and agricultural value chains in addition to improving energy security. SHP-DAIN is also anticipated to contribute to a more sustainable food system, increase job opportunities, and enhance food security.
Promoting Nigeria’s Fair and Ecological Transition to Net Zero via Circular Economy Approaches: This initiative uses the circular economy to address the goal of having net-zero emissions by 2060. With the promotion of resource-reuse, repair, and recycling methods, it seeks to reduce waste and pollution. This would help Nigeria have a more sustainable future and a cleaner environment.
A Step Up Towards a Better Future for Energy
The €9 million that the EU is investing in these projects represents a major advancement for Nigeria’s energy industry. Through the emphasis on sustainable practices and clean energy sources such as small hydropower, these programs set the stage for Nigeria to have an energy future that is more economical, ecologically friendly, and secure.
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