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UNIDO to implement EU's €9m energy projects in Nigeria
The European Union has launched two new projects worth €9 million in Nigeria’s energy sector.
The EU Ambassador to Nigeria and ECOWAS, Ms Samuela Isopi, disclosed this today, during the official launch of the projects in Abuja.
,She explained that the projects – Small Hydro Power (SHP) and Development for Agro-industry use in Nigeria (DAIN) would increase the capacity of small hydropower in Nigeria’s total energy mix to promote productivity along the agricultural value chains and other businesses, enhance livelihoods, and promote food security and decent work.
“The SHP-DAIN will support capacity strengthening of major actors from private, government, finance and target Micro, Small and Medium Enterprises sectors in the specifics of Small Hydropower through tailored training(s) and knowledge management.
“It will support the development of policy and institutional framework on Renewable Energy for productive uses to streamline policies/incentive schemes towards a greater use of SHP, with cross-cutting activities for ensuring sustainability, which includes awareness development, visibility promotion, implementation of gender strategies, project management and monitoring,”she said.
The Minister of Power, Adelabu Adebayo, expressed confidence that the projects would not only enhance the management of used off-grid energy equipment and plastics but also increase agricultural productivity and improve livelihoods.
The Minister explains that the SHP is a three-year project with a budget of €5 million, Advancing Nigeria’s Green Transition to Net Zero through Circular Economy.
DAIN is also a three-year project with a budget of €4m.
The United Nations Industrial Development Organization will implement both projects.
