Osinbajo off to US for Nigeria’s energy transition plan
Vice President Yemi Osinbajo will depart Abuja for the United States of America on Wednesday morning to seek global partnerships and support for Nigeria’s recently launched Energy Transition Plan.
Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande, stated this on Wednesday morning.
According to him: “Prof. Osinbajo is leading Nigeria’s Energy Transition Implementation Working Group (ETWG) on the US mission with meetings starting from tomorrow-the 1st of September to promote the plan and secure global support from the US government, the private sector, and other development partners.
“Among other highlights, the plan needs at least $10 billion per annum above business as usual spending for effective implementation.
“At the launch, the World Bank and a renewable energy organization – Sun Africa, pledged a sum of $1.5 billion each totaling an initial $3 billion investment to support the implementation of Nigeria’s Energy Transition Plan.
“While in the United States, Prof. Osinbajo will meet US Vice President, Kamala Harris; US Secretary of Energy, Jennifer Granholm; Secretary of Treasury, Janet Yellen, and President of World Bank Group, David Malpass, among others.
“The Vice President is also scheduled to speak on Nigeria’s Energy Transition Plan at the Centre for Global Development in Washington DC”, the statement said.
The Vice President’s delegation to the U.S. will include Minister of Finance, Budget and National Planning, Mrs. (Dr.) Zainab Ahmed; Minister of Works and Housing, Raji Babatunde Fashola; Minister of Power, Abubakar Aliyu; Minister of Environment, Mohammed Abdullahi; Minister of State for Petroleum Resources, Timipre Sylva and the Special Representative of the UN Secretary General/CEO for Sustainable Energy for All, Ms Damilola Ogunbiyi. Nigeria’s Ambassador to the United States, Dr. Uzoma Emenike will also join the delegation.
Osinbajo is expected to return to Abuja early next week.
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