Headline
EU Announces €37m In Nigeria’s Power Sector
![](https://onyxnewsng.com/wp-content/uploads/2024/02/Lead-Image-Ambassador-Isopi-1024x847-1.webp)
EU Announces €37m In Nigeria’s Power Sector
The European Union has announced an investment of €37 million in Nigeria’s power sector, as revealed by EU Ambassador to Nigeria, Samuela Isopi.
In a statement released by the power ministry, Isopi shared this information during a meeting with Minister of Power, Adebayo Adelabu.
This new €37 million investment is in addition to the approximately €200 million in grants that the European Union has already put into Nigeria’s power sector since 2008.
Joining the ambassador in discussions were the new Head of Cooperation of the EU, Mr. Luca Massimo, and the Programme Manager on Energy, Mr. Godfrey Ogbemudia.
During the meeting, Isopi highlighted the EU’s ongoing intervention efforts in the power sector, specifying that the current support package will focus on initiatives such as small hydropower and solar projects for healthcare facilities.
The fresh investment will also extend to rural electrification through isolated and interconnected mini-grid projects, as well as projects promoting circular economy practices within the power sector.
“She (Isopi) said the projects would commence this year,” the statement added.
-
Headline1 week ago
BREAKING: Gareth Southgate Quits As England Head Coach
-
Headline1 week ago
PHOTOS: Moment Kylian Mbappe Unveiled As Real Madrid Player
-
Headline1 week ago
JUST IN: FIFA Launches Investigation On Argentinian Players’ Racist Chants
-
Crime1 week ago
BREAKING: Police Announce Arrest Of Crypto Billionaire Blord Over Allege Fraud, Terrorism
-
Entertainment1 week ago
BREAKING: BBNaija Reduces Grand Prize For 2024 Edition
-
Entertainment6 days ago
Protest Not The Answer, Be Patient With Tinubu – Actor Yul Edochie Urges Nigerians
-
Headline7 days ago
JUST IN: Donald Trump Vows to End Wars, Restore US Power
-
Headline1 week ago
JUST IN: President Tinubu Appoints Walson-Jack As New Head Of Civil Service
-
Headline2 days ago
Akpabio Tenders Apology To Natasha Over ‘Nightclub’ Controversy
-
Entertainment5 days ago
GWR: Nigerian Doctor Breaks Record For Largest Drawing