Vice President Yemi Osinbajo left Abuja for the United States early on Wednesday to seek global partnerships and support for Nigeria’s recently launched energy transition plan.

He is leading Nigeria’s Energy Transition Implementation Working Group (ETWG) on the US mission with meetings beginning tomorrow, September 1, to promote the plan and gain global support from the US government, the private sector and other development partners.

The ETWG, which he chairs, is made up of relevant ministers and other senior officials.

While in the United States, Osinbajo will meet US Vice President Kamala Harris; US Secretary of Energy, Jennifer Granholm; Secretary of the Treasury, Janet Yellen, and President of the World Bank Group, David Malpass, among others.

The vice president will also speak about Nigeria’s energy transition plan at the Center for Global Development in Washington DC.

Recall that Nigeria’s Energy Transition Plan was officially launched last week at a global virtual event, is a domestically developed, data-driven and multi-faceted strategy designed for achieving net-zero emissions commitment by 2060 in five critical sectors: energy, cooking, oil & gas, transport & industry.

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A statement released Wednesday by the vice president’s spokesman, Laolu Akande, noted that Nigeria needs $410 billion to complete the transition plan by 2060.

Among other things, it said the plan would require at least $10 billion a year above usual expenditures for effective implementation.

The statement further stated that at launch, the World Bank and a renewable energy organization – Sun Africa, pledged $1.5 billion each, totaling an initial investment of $3 billion to support the implementation of Nigeria’s energy transition plan. .

The Vice President’s delegation to the US includes the Secretary of the Treasury, Budget and National Planning, Zainab Ahmed; Minister of Works and Housing, Raji Babatunde Fashola; Minister of Power, Abubakar Aliyu; Environment Minister, Mohammed Abdullahi; Minister of State for Petroleum Resources, Timipre Sylva and the Special Representative of the UN Secretary-General/CEO for Sustainable Energy for All, Ms Damilola Ogunbiyi.

dr. Uzoma Emenike, Nigeria’s ambassador to the United States, will also join the delegation.

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The vice president will return to Abuja early next week.

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