Germany plans to invest €4 billion in green energy projects across Africa by 2030, and Nigeria stands to benefit significantly.
Dr. Felix Ale, Director of Media and Corporate Communications at the National Space Research and Development Agency, revealed this following the German Federal Foreign Office H2 Diplo Study Tour.
Nigeria’s Minister of Innovation, Science, and Technology, Chief Uche Nnaji, emphasized the strategic importance of this partnership, noting that it aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which focuses on economic diversification, job creation, and sustainable development.
Nnaji stated that this collaboration builds on discussions between President Tinubu and German Chancellor Olaf Scholz, which also resulted in a €500 million renewable energy and gas deal.
Key German ministries involved in this initiative, including the Federal Ministry of Research and Education and the Federal Ministry for Economic Cooperation and Development, are central to advancing green hydrogen technology—a clean and renewable resource seen as critical for decarbonizing industries and enhancing Nigeria’s energy security.
Germany plans to import green hydrogen from Nigeria as part of its strategy to achieve carbon neutrality by 2045.
This collaboration positions Nigeria as a leader in the global green hydrogen market, creating opportunities for foreign investment, job creation, and expanded energy exports.
Chief Nnaji highlighted that this move could enhance Nigeria’s leadership in Africa’s green energy landscape while strengthening its role in Europe’s energy transition efforts.
CREDIT: Allneeds, PUNCH
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