Osinbajo goes to US to seek global partnership for Nigeria’s Energy Transition  

Vice President Yemi Osinbajo (SAN) on Wednesday morning departed Nigeria for the United States of America to seek global partnerships and support for Nigeria’s Energy Transition Plan.

The Media Aide to the Vice President, Laolu Akande, in a statement, indicated that Prof. Osinbajo will meet with the U.S. vice President, Kamala Harris, World Bank Group, and other partners.

The statement reads in part: “Osinbajo is leading Nigeria’s Energy Transition Implementation Working Group on the US mission with meetings starting from September 1 to promote the plan and secure global support from the US government, the private sector, and other development partners.

“The Nigerian VP will also meet US Secretary of Energy, Jennifer Granholm; Secretary of Treasury, Janet Yellen; and President of World Bank Group, David Malpass; among others.”

The media aide disclosed that the Vice President’s delegation to the US include the Minister of Finance, Budget and National Planning, Zainab Ahmed; the Minister of Works and Housing, Babatunde Fashola; the Minister of Power, Abubakar Aliyu; Minister of Environment, Mohammed Abdullahi; Minister of State for Petroleum Resources, Timipre Sylva; amongst others.

Osinbajo is expected to return to Abuja early next week.

At the launch of the Energy Transition Plan last week, it was disclosed that the project will need at least $10 billion per annum for effective implementation.

However, the World Bank and a renewable energy organization, Sun Africa, pledged a sum of $1.5 billion each totaling an initial $3 billion investment to support the implementation of Nigeria’s Energy Transition Plan.