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    MarketForces Africa » MarketNews » Nigeria Increasing Valuable Investments in Renewable Energy – Envoy

    Nigeria Increasing Valuable Investments in Renewable Energy – Envoy

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJuly 27, 2024 MarketNews No Comments2 Mins Read
    Nigeria Increasing Valuable Investments in Renewable Energy – Envoy
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    Nigeria Increasing Valuable Investments in Renewable Energy – Envoy

    Chief Ajuri Ngelale, Special Presidential Envoy on Climate Action, says Nigeria is scaling up tangible and valuable investments in renewable energy systems.

    He said in a statement in Abuja that he had a fruitful discussion on Friday with Dr Nkiruka Maduekwe, Director-General/CEO of the National Council on Climate Change (NCCC).

    He said he also joined a virtual meeting with the Executive Management of Oando Clean Energy to discuss their groundbreaking work, to increase investments in renewable energy systems.

    Ngelale explained that Oando’s focused attention on R&D and study of prospective clean energy investment opportunities, with the willingness to take calculated risks, would be beneficial to the organisation and the Nigerian economy as a whole.

    “They will be given all the relationship support we can muster based on the merit of their organisational vision and wide-ranging activities,” he said.

    He said he also deliberated virtually with officials of the U.S. Department of Energy and the U.S. State Department.

    He stated that the discussion focused on Nigeria’s push to leverage on its vast marine resources to attract new green-focused partnerships and investments in seaports and shipping corridors. ECOWAS Mission Fruitful, UN Deputy Secretary General Tells Tinubu

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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