Washington DC, 31 August 2022 (TDI): The Vice President of Nigeria, Professor Yemi Osinbajo left for Washington DC to discuss Nigeria’s Energy Transition Plan.
He will be heading the delegation of Nigeria to Washington for the Nigeria Energy Transition Implementation Working Group (ETWG).
Leaving Nigeria this morning to lead a Federal Government delegation to Washington DC to pitch Nigeria’s #EnergyTransition Plan. I will be meeting leadership of the US Government, leadership of the World Bank and private sector players. pic.twitter.com/KRJ79qTRjj
— Prof Yemi Osinbajo (@ProfOsinbajo) August 31, 2022
The Delegation of ETWG included government officials and relevant Ministries of Energy. The delegation includes Minister of Environment, Mohammed Abdullahi, Minister of State for Petroleum Resources, Timipre Sylva, & Nigeria’s Ambassador to the US, Dr. Uzoma Emenike.
According to Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Vice President will meet his American counterpart, Kamala Harris.
Furthermore, he will meet, the US Secretary of Energy, Jennifer Granholm, Secretary of Treasury Janet Yellen, and President of World Bank Group, David Malpass.
The Objective of this mission is to promote and enhance global support from private sectors to empower Nigeria (ETWG). Nigeria’s Transition Energy Plan was launched last week at a global virtual event.
Moreover, the Plan committed to net-zero emissions by 2060 in several sectors like Power, Oil, Gas, Cooking, Transport, and Industry.
For this clean energy program, Nigeria needs $410 Billion. Last week World Bank and a renewable energy organization decided to provide $1.5 billion and $3 billion investment initially to support the Plan.
Relation Between Nigeria and the US
The United States is a large supplier of international aid and the biggest foreign investor in Nigeria. In the US, over a million Nigerians and Nigerian Americans reside, study, and are employed. Nigeria is home to nearly 25,000 Americans who also work there.
The US has given Nigeria more than 7.5 million doses of the COVID-19 vaccine & more than $119 million in health & humanitarian aid linked to the disease. Routine immunization coverage for youngsters rose from 57% in 2018 to 71% in 2020 with U.S. funding.
