The federal government has launched a universal energy facility that would make grants available to solar energy companies to enable them to expand their operations in Nigeria.
He said the grants will help solar companies contribute to the energy transition plan by spreading their activities to small and medium enterprises, growing their businesses and creating jobs. “Projects that are sponsored by the universal energy facility will help grow businesses and create jobs, making them key contributors to our energy transition plan. And I’d like to encourage solar companies in attendance today to engage with this innovative financing opportunity, which has been managed by the Sustainable Energy for All .
She said pathways and “urgent actions” for a just and equitable transition are needed to address the climate crisis, energy poverty and sustainable economic development.