Hosting the bank in Nigeria, according to the government, will ensure proximity to key energy technocrats and experts, which is essential for formulating and implementing effective solutions to Africa's energy challenges
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Speaking at the dinner, President Bola Tinubu said “Tonight, we stand on the precipice of a transformative opportunity, one that holds immense promise not only for Nigeria but for the entire African continent.” “We have achieved significant milestones, including a comprehensive assessment by the APPO Afrexim-Bank Inspection Team. Their positive evaluation underscores Nigeria’s readiness and capability to host the AEB.
“We appeal to you to please support Nigeria to host the headquarters of the African energy bank. In addition to my communication to my counterparts of ministers from different countries of APPO, we decided that you who are in Abuja here, we should engage you so you can help us deliver a message to your home countries.
“By selecting Abuja as its host city, the Africa Energy Bank can serve as a linchpin of connectivity, fostering collaboration and catalysing progress on a continental scale.” In his remarks, the Permanent Secretary, Ministry of Foreign Affairs, Adamu Lamuwa, represented by Nigeria’s Ambassador to Cuba, Ben Okoye, noted that the gravity of the decision cannot be overstated.“The gravity of this decision cannot be overstated, for it holds the power to shape the trajectory of energy cooperation and development across Africa for generations to come.
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