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President Bola Ahmed Tinubu has declared that Nigeria is fully prepared to pursue a secure, reliable and cleaner energy future, anchored on policy reforms, private sector investment and international partnerships.
Speaking during talks with development partners in Abuja, Tinubu said the country’s energy transition strategy prioritises energy security and affordability while gradually reducing carbon emissions. He stressed that Nigeria would leverage its vast gas resources as a transition fuel alongside investments in renewable energy.
According to the President, power sector reforms under his administration are aimed at boosting generation, strengthening transmission infrastructure and expanding distribution to underserved communities. He noted that access to electricity remains critical to industrial growth, job creation and improved living standards.
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Tinubu assured investors that the government was committed to regulatory clarity and market-driven solutions to unlock financing for power projects. He said Nigeria was keen on attracting capital into solar, hydro and gas-to-power initiatives to diversify the energy mix.
He also highlighted the role of development finance institutions in supporting climate-smart projects and building resilience against environmental challenges. Tinubu said cleaner energy solutions would help Nigeria meet global climate commitments without sacrificing economic growth.
Energy experts at the meeting welcomed the administration’s approach, noting that a balanced transition strategy could position Nigeria as a regional energy hub. They called for sustained policy consistency and stakeholder collaboration to achieve long-term targets.
The President reaffirmed that energy reforms remain a cornerstone of his Renewed Hope Agenda, adding that Nigeria’s size and demand profile present significant opportunities for investors in the evolving global energy landscape.
