Nigeria power map- gas plants

Nigeria seeks $10bn to kickstart $9trn energy transition plan

In depth
Issue 470 - 14 Oct 2022 - By Adaora Elemide | 6 minute read

Nigeria’s recently launched Energy Transition Plan aims to make Abuja’s target of net zero emissions by 2060 a reality, but the debt-for-climate deal proposed by Vice President Yemi Osinbajo could be even more important in relieving more immediate economic pressures – if creditors agree to provide the funds requested for a new deal that promotes gas as the key ‘transition fuel’.

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