By Faridat Salifu
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Germany has announced a $160 million investment to support Nigeria’s energy transition goals, focusing on stabilizing the national grid.
The German Deputy Ambassador to Nigeria, Johannes Lehne, confirmed that the funds will supply five large transformers as part of the Siemens power project, slated to begin in early 2025.
This investment marks a critical next step in the Nigerian Energy Support Programme (NESP), co-funded by the European Union and the German government.
Since its 2013 inception, NESP has supported sustainable energy expansion across Nigeria, benefiting 45,000 people and 105 communities. The program’s third phase, launched recently, will continue to drive renewable energy access and efficiency improvements.
At the program launch, Permanent Secretary of the Federal Ministry of Power Mahmuda Mamman expressed gratitude for Germany’s ongoing support. The new phase aims to attract further investment in renewables, advance energy efficiency, and support Nigeria’s Electricity Act of 2013 to stabilize the energy market.
Inga Stefanowicz, Head of Section Green and Digital Economy at the EU Delegation to Nigeria and ECOWAS, emphasized the EU’s commitment to Nigeria’s energy future. She highlighted that the EU has allocated additional funding to NESP III to increase renewable energy integration and ensure reliable power access for Nigerians.
With an expanded budget of €17.9 million, Germany and the EU are committed to backing Nigeria’s Energy Transition Plan (ETP) targets, including decarbonizing key sectors and diversifying Nigeria’s energy sources.
