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Africa Housing News > Blog > News > Nigeria Pursues $60 Million Climate Finance to Power Green Energy Hubs
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Nigeria Pursues $60 Million Climate Finance to Power Green Energy Hubs

Treasure Chuka
Last updated: 2025/07/08 at 1:16 PM
Treasure Chuka Published July 8, 2025
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The Federal Government has begun advanced talks with global financial institutions to secure over $60 million in climate financing, aiming to establish pilot green energy hubs across the country.

The initiative, spearheaded by Vice President Kashim Shettima, is part of Nigeria’s broader strategy to address climate change while modernising public infrastructure. One of the flagship projects under the proposed funding includes a hybrid energy system for a major Nigerian airport, which is expected to serve as a model for clean, digitally managed power systems across strategic national assets.

Speaking at a recent climate-focused event, Shettima outlined several complementary initiatives already in motion. These include regional climate engagement clinics, a State Innovation Challenge Park, and an upcoming white paper focused on green growth financing all designed to build resilience, foster innovation, and encourage grassroots involvement.

“Our transition must reach every state, every community, and every home,” the Vice President said, underscoring the importance of inclusive planning and decentralised implementation.

He also called for synergy across all levels of government and advocated for the adoption of forward-looking financing tools such as green bonds and climate investment funds to drive local innovation and scale renewable technologies.

“Our goal is net-zero,” Shettima stated. “But the journey must begin now with urgency, inclusion, and bold action.”

If secured, the $60 million funding will significantly bolster Nigeria’s clean energy ambitions and align the country with global sustainability efforts. The move is seen as a critical step in addressing both energy gaps and the escalating threats of climate change.

“Climate action is no longer optional,” Shettima warned. “It’s an economic necessity that demands immediate commitment.”

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TAGGED: ClimateAction, GreenEnergyNigeria, NigeriaClimateFinance
Treasure Chuka July 8, 2025 July 8, 2025
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