Vice President Yemi Osinbajo has departed Nigeria for the United States of America to seek global partnerships and support for Nigeria’s recently launched Energy Transition Plan.
This was stated by his spokesperson, Laolu Akande, in a statement issued, Wednesday.
Akande said Prof Osinbajo is leading Nigeria’s Energy Transition Implementation Working Group (ETWG) on the US mission with meetings starting from Thursday to promote the plan and secure global support from the US government, the private sector, and other development partners.
He added that while in the United States, Prof. Osinbajo will meet US Vice President Kamala Harris, US Secretary of Energy, Jennifer Granholm; Secretary of Treasury, Janet Yellen, and President of World Bank Group, David Malpass, among others.
Akande also said the vice president is also scheduled to speak on Nigeria’s Energy Transition Plan at the Centre for Global Development in Washington DC.
Nigeria’s Energy Transition Plan, officially launched last week at a global virtual event, is a homegrown, data-backed and multi-pronged strategy developed for the attainment of 2060 net-zero emissions commitment in five critical sectors: power, cooking, oil and gas, transport and industry.
The vice president had said Nigeria would require $410 billion to deliver the Transition Plan by 2060.
The ETWG, chaired by Yemi Osinbajo comprises relevant ministers and other top government officials.
According to the statement, the plan needs at least $10 billion per annum above business as usual spending for effective implementation.
