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Nigeria’s Vice President, Prof. Yemi Osinbajo has met with World Bank President, David Malpass, in Washington DC, where the vice president had gone to promote Nigeria’s Energy Transition Plan with stakeholders.
Prof. Osinbajo announced the meeting with Malpass in his verified Twitter handle @ProfOsinbajo.
“It was a pleasure to meet with President @DavidMalpassWBG.
“We discussed Nigeria’s ETP, our commitment to carbon neutrality, Nigeria’s development alongside our climate ambition, strengthening energy institutions & market, attracting FDIs and exchange rate unification.”
“I was pleased to hear the World Bank Group’s readiness to support Nigeria on a few fronts including increasing social assistance for the poor and vulnerable,” Vice President Osinbajo twitted.
Prof. Osinbajo also said that he met the US Treasury Secretary J. Yellen, “to seek support for Nigeria’s Energy Transition Plan and for Nigeria’s participation as a G7 Climate Partnership Country.”
Nigeria’s Energy Transition Plan, launched recently at a global virtual event, is a home-grown, data-backed and multi-pronged strategy developed for the attainment of 2060 net-zero emission commitment in five critical sectors, including power, cooking, oil and gas, transport and industry.
Nigeria says it needs $410 billion to the Energy Transition Plan by 2060.
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