Shettima Woos Investors for Nigeria’s Green Energy Transition
*Nigeria needs $410bn additional investment to achieve net-zero pathway, says Presidency Michael Olugbode in Abuja Vice President Kashim Shettima has called for urgent policy reforms, stronger public-private partnerships and innovative
Nigeria's Vice President Kashim Shettima has urged policymakers, development finance institutions, private investors, diplomats and climate experts to work together in closing the substantial financing gap required for the country's green energy transition. Shettima revealed that the nation needs around $410 billion additional investment by 2060 to meet its net-zero pathway, emphasizing that this presents a significant opportunity for investors.
At the second edition of the Decarbonising Infrastructure in Nigeria (DIN) Summit, Shettima highlighted the need for strong public-private partnerships, innovative risk-sharing mechanisms and policy reforms to attract both domestic and foreign investment. The summit, organized by the Office of the Vice President, aimed to explore practical solutions for de-risking green infrastructure investment in Nigeria and addressed challenges such as policy, financial, technical and institutional barriers.
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