Net-zero emissions: Nigeria needs $400bn investments, says FG - Punch Newspapers

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In his opening remarks, the chair of the conference, Dr Oluwole Adeuyi, said a sustainable industrial revolution based on modern energy technologies could accelerate the pace of socio-economic recovery globally post-COVID-19.

Mr Wale Shonibare, the director, energy financial solutions, policy and regulation at the African Development Bank, said Africa’s ambition to reach universal access by 2030 required a fivefold increase in power sector investment, mostly in low-carbon generation and grid networks. He said, “Indeed, there is an urgent need for Africa to expand its energy infrastructure to serve its growing population.

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