EU Unveils €9m Energy Projects In Nigeria.

European Union, in continuation of its commitment to supporting the Federal Government in providing clean, affordable and sustainable energy for all, has introduced two new projects worth €9m in Nigeria’s energy sector.

The EU disclosed this in Abuja, during the project inception workshop organized in partnership with the Federal Government and United Nations Industrial Development Organisation, while, the Central Bank of Nigeria, the country’s average per hour data stood at 3,689.700 MWh in September 2023 as it continues to struggle with low power generation and poor distribution infrastructure.

Speaking during the official launch of the projects in Abuja, the EU Ambassador to Nigeria and ECOWAS, Ms Samuela Isopi, said, the SHP-DAIN project would increase the capacity of small hydropower in Nigeria’s total energy mix to promote productivity along the agricultural value chains and other businesses, enhance livelihoods, and promote food security and decent work.

The advancing Nigeria’s Green and Just Transition to Net Zero through Circular Economy Practices project is aimed at improving the management of used off-grid energy equipment and plastics through circular economy practices for mitigation of pollution and greenhouse gas emissions.