BREAKING: World Bank, US Exim Bank Invest $3Billion In Nigeria's Plan On Renewable Energy, Power Sector Reforms, Clean Cooking

The World Bank and the US Export-Import Bank (Exim Bank) through Sun Africa have committed $3 billion in investment to Nigeria’s energy transition plan. The goal of Nigeria’s Energy Transition Plan is to achieve universal access to energy by 2030 and a carbon-neutral energy system by 2060, while also accelerating economic growth and development Mr Laolu Akande, Senior Special Assistant to the President on Media & Publicity (Office of the Vice President) disclosed this in a statement on Wednesday.

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