NIGERIA SEEKS FINANCING SUPPORT FROM EU INVESTMENT BANK FOR ENERGY SOLUTIONS
Addis Ababa, Ethiopia | December 15, 2025
Nigeria is engaging the European Union Investment Bank (EIB) and other international development partners to mobilise financing that will accelerate investment in energy solutions and improve electricity supply across the country.
The Director General of the Energy Commission of Nigeria (ECN), Dr. Mustapha Abdullahi, is leading the engagement on behalf of the Federal Government of Nigeria with representatives of the European Union, the European Investment Bank, GIZ, the International Energy Agency (IEA), and Sustainable Energy for All (SEforALL). The discussions are taking place on the sidelines of the African Energy Efficiency Conference currently holding in Addis Ababa, Ethiopia.
The high-level engagement focuses on exploring strategic partnerships, innovative financing models, and enabling policy frameworks aimed at scaling up investments in renewable energy and energy efficiency in Nigeria. Development partners at the meeting expressed far-reaching commitments to support expanded investment in sustainable energy projects that align with Nigeria’s development and climate goals.
During the conference, Dr. Abdullahi highlighted the Federal Government’s strong commitment to catalysing investment in the energy sector as a pathway to stimulating economic growth, improving energy access, and strengthening climate resilience through energy efficiency measures.
He further emphasised Nigeria’s strategic position as Africa’s largest economy and most populous nation, noting that the country remains committed to driving sustainable energy solutions that will not only benefit Nigerians but also contribute significantly to Africa’s clean energy transition and future development.
