Nigeria is poised to benefit significantly from Germany’s planned €4 billion investment in green energy projects across Africa by 2030. This was revealed by Dr. Felix Ale, Director of Media and Corporate Communications at the National Space Research and Development Agency, in a statement on Tuesday. The disclosure follows insights from the German Federal Foreign Office H2 Diplo Study Tour, where Nigeria’s Minister of Innovation, Science, and Technology, Chief Uche Nnaji, highlighted the importance of this strategic collaboration.
Chief Nnaji emphasized that Nigeria is positioning itself at the forefront of energy transformation, aligning with Germany’s commitment to green energy. He noted that this initiative directly supports President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritizes economic diversification, job creation, and sustainable development. These goals form part of the president’s broader plan to revitalize Nigeria’s economy, making the green energy partnership an essential component of this strategy.
The minister explained that the collaboration with Germany stems from productive discussions between President Tinubu and the German Chancellor. He stressed that stakeholders involved in advancing green hydrogen initiatives are crucial to decarbonizing industries and enhancing Nigeria’s energy security. Nnaji referred to green hydrogen as a key resource for the future, offering significant economic potential as a clean and renewable energy source.
Nnaji also revealed that Germany plans to import green hydrogen from Nigeria, a vital part of its goal to achieve carbon neutrality by 2045. By fostering a favorable business environment and adopting cutting-edge technologies, Nigeria aims to attract substantial foreign investments, create jobs, and expand its energy export capabilities. The minister added that Nigeria’s role in exporting green hydrogen to Europe and beyond would enhance its leadership in Africa’s green energy landscape and strengthen its partnership with Germany in the global energy transition.
