July 13, 2013

€27M for Renewable Energy Policy in Nigeria

A grant of €27 million will be invested into enabling framework conditions for renewable energy and energy efficiency in Nigeria, as part of a programme “Energising Access to Sustainable Energy” (EASE), the European Commission announced on 4th of July.

The programme will focus on improving the use of renewable energies by Small and medium enterprises (SMEs) and households. It is also planned for the programme to address the massive deforestation and cutting of trees for fuel wood - the main energy source for the majority of the population -  by planting more trees.

The new programme will be run in partnership with the World Bank (which will contribute with over €4,6 million) and the GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit), with a contribution of €9 million.

This sum is allocated from the total of €697 million distributed to Nigeria through the 10th European Development Fund (EDF) which runs from 2007-2013. From this total sum, the chapter “Trade, regional integration and energy security” had allocated for the whole period €47 million.

At the moment, 80 per cent of the population in rural Nigeria have no access to electricity.

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