Nigeria has taken a major step toward a sustainable energy future with the signing of a €21 million technical cooperation agreement with the Government of Germany to advance renewable energy and energy efficiency.
The agreement, formalised through a Joint Declaration of Intent on Bilateral Energy Transition Dialogue and Cooperation, aims to accelerate Nigeria’s shift to clean energy, reduce carbon emissions, and strengthen its power infrastructure.
Under the deal, Germany will provide €9 million for the ongoing Nigeria Energy Support Programme (NESP) and €12 million for the new Energy Transition Challenge Fund (ETCF). The combined funding, supported by the Green Line of Credit for SMEs and the GET.invest platform, will empower local entrepreneurs, small and medium enterprises (SMEs), and energy developers to scale renewable projects and drive innovation.
Chief Adebayo Adelabu, Minister of Power, said the partnership marks a transition from dialogue to tangible action. “This partnership builds the ecosystem needed for sustainable growth — from renewable deployment to job creation and investment attraction,” he said.
Adelabu noted that the initiative complements the Presidential Power Initiative (PPI) and Nigeria’s National Energy Transition Plan (NETP), both focused on modernising power infrastructure and promoting inclusive, low-carbon development.
Officials from both countries said the collaboration will boost access to affordable electricity, unlock private investment, and strengthen Nigeria’s regulatory framework for renewable energy.
“This partnership demonstrates how international collaboration, backed by sound policies and private sector participation, can accelerate Nigeria’s transition to a resilient, low-carbon economy,” the joint communiqué stated.
