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NSIA and IFC Partner to Promote Sustainable Energy Transition in Nigeria

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Energy News

NSIA,IFC,Partnership

The Nigerian Sovereign Investment Authority (NSIA) and International Finance Corporation (IFC) are committing $25 million each to kick-start the Renewables Investment Platform for Limitless Energy (RIPLE) partnership. The aim is to displace diesel, focus on franchising, and integrate backward for PV manufacturing. NSIA Managing Director, Aminu Umar-Sadiq, highlights the dedication to sustainable energy transition.

The Nigerian Sovereign Investment Authority (NSIA) and International Finance Corporation (IFC) are partnering to displace diesel and focus on franchising and PV manufacturing. The partnership, called Renewables Investment Platform for Limitless Energy (RIPLE), aims to promote sustainable energy transition in Nigeria.

NSIA Managing Director, Aminu Umar-Sadiq, stated that tackling climate risks is integral to NSIA's objectives.

 

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