The Federal Executive Council (FEC) has approved a new phase of cooperation between Nigeria and the Government of Germany aimed at accelerating the country’s transition to a low-carbon energy future.
The partnership was formalised through a Joint Declaration of Intent on Bilateral Energy Transition Dialogue and Cooperation.
As disclosed in a post on X on Saturday by the State House, the agreement will provide Nigeria with financial backing and technical expertise to expand renewable energy, strengthen energy efficiency, and modernise the national power system.
According to the statement, Germany has committed €21 million in support—comprising €9 million for the ongoing Nigeria Energy Support Programme (NESP) and €12 million for the newly established Energy Transition Challenge Fund (ETCF).
The funding is supported by complementary facilities such as the Green Line of Credit for Small and Medium Enterprises (SMEs) and the GET.invest investment platform, which will help Nigerian companies and developers scale renewable projects and stimulate innovation across the sector.
The initiative is expected to benefit multiple groups:
Businesses and SMEs: Access to finance, capacity-building, and investment channels to develop clean energy products and services.
Consumers and Communities: Improved access to affordable, reliable, and sustainable electricity solutions.
Government and Policymakers: Strengthened institutional capacity to implement decarbonisation strategies and modern regulatory frameworks.
Private Sector Investors: Clearer avenues for collaboration with German firms, fostering technology transfer and increased investor confidence.
Minister of Power, Chief Adebayo Adelabu, said the partnership marks a decisive shift from discussions to practical implementation. He stated that the agreement “moves Nigeria beyond dialogue into actionable technical assistance, building a comprehensive ecosystem for sustainable energy growth.”
The collaboration aligns with ongoing national efforts, including the Presidential Power Initiative (PPI), to upgrade Nigeria’s energy infrastructure and stimulate job creation across the renewable energy value chain.
The partnership underscores a broader strategic commitment to Nigeria’s clean energy transition, demonstrating how coordinated international cooperation, domestic policy reforms, and private sector participation can accelerate progress toward a resilient and sustainable energy future.
