Oil & GasTop Story

US set to strengthen energy ties with Nigeria, says NNPCL Spokesman, Soneye

"The partnership aims to provide more Nigerian homes, businesses, and institutions with sustainable access to electricity, driving economic growth and development"

1.5k


The United States and Nigeria have reaffirmed their commitment to collaboration in the energy sector, focusing on energy security and sustainable development.

Mr. Olufemi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL) disclosed on Tuesday in a post on his official page following a meeting between NNPCL officials and the US Secretary of Energy, Mr. Chris Wright.

According to him, the partnership aims to provide more Nigerian homes, businesses, and institutions with sustainable access to electricity, driving economic growth and development.

Persecondnews recalls that in October, the Minister of State for Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, said the US-Nigeria clean energy partnership will optimize mutual opportunities for both nations and investors in the sector.

Ekpo at the two-day US-Nigeria Strategic Energy Security Dialogue in Washington DC, highlighted Nigeria’s commitment to leveraging its vast gas resources for economic growth and energy transition through the decade of gas initiative.

Under the initiative, the US will provide technical assistance to support Nigeria’s efforts in reducing methane emissions from the oil and gas sector and also underscores the commitment of both countries to address climate change and promote sustainable energy practices.

Nigeria and US launched the Clean Energy Alliance of Nigeria (CLEAN) to promote clean energy investment in Nigeria. This initiative will help drive the adoption of clean energy technologies and reduce reliance on fossil fuels.

The US has committed over $1.3 million for clean energy technical support to Nigerian partners. This funding will enable Nigerian institutions to develop the skills and expertise needed to drive the transition to clean energy.

See also  No presidential approval yet to use nation’s dividends to defray petrol subsidy - NNPC Ltd.

The partnership between the US and Nigeria highlights the strong ties between the two countries, built on previous agreements and initiatives.

Both countries also have a long-standing relationship, with the US being the largest foreign investor in Nigeria, concentrated largely in the petroleum/mining and wholesale trade sectors. The partnership highlights the strong ties between the two countries, built on previous agreements and initiatives.

Author

Leave a comment

Related Articles

Breaking: Tinubu Assents to ₦68.3trn 2026 Appropriation Bill, Approves 2025 Budget Extension

In a move to drive national development, President Tinubu has approved the...

Mass Flight Suspensions Loom as 266% Surge in Fuel Costs Cripples Airlines

Airline Operators of Nigeria (AON) has issued a stark warning that domestic...

DSS to Arraign Ex-AGF Malami on Terrorism Charges on May 26

The Federal High Court in Abuja has scheduled May 26 for the...

DMO Report: Nigeria’s Public Debt Hits N159.27 Trillion at Year-End 2025

Nigeria’s combined public debt for the federal and state governments reached N159.27...