Climate love
Image of Government of Nigeria

Government of Nigeria

Climate love

Nigeria and Germany sign $500 mln renewable energy and gas deal

Nigerian and German companies signed two agreements in Berlin, including a $500 million renewable energy pact and a gas export deal. Union Bank of Nigeria and Germany's DWS Group signed an MoU on renewable energy, aiming to invest in renewable energy projects in Nigeria. Riverside LNG of Nigeria and Germany's Johannes Schuetze Energy Import AG agreed on a gas export partnership, with Nigeria supplying natural gas to Germany. The deals were welcomed by President Bola Tinubu, who is attending the G20 Compact with Africa conference in Berlin. Germany plans to invest 4 billion euros in green energy projects in Africa by 2030. Tinubu's reforms aim to make Nigeria attractive to investors and revive its economy.
Image of post in post detailed view


https://www.reuters.com/sustainability/climate-energy/nigeria-germany-sign-500-mln-renewable-energy-gas-deal-2023-11-21/



Do you agree?

12 more agrees trigger social media ads

  • winnie nguru

    20 w

    I'm impressed by such progress African countries are making on matters renewable energy

    • We Don't Have Time

      20 w

      Dear walter lungayi Your climate love has received over 50 agrees! We have reached out to Government of Nigeria by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

      2
      • Peter Kamau

        20 w

        The reliance on fossil fuels is something that needs to come to an end. That notwithstanding the partnership here speaks of goodwill and it is amazing that Nigeria country will be getting the better end of the deal

        4
        • Gorffly mokua

          21 w

          This presents a promising opportunity for sustainable energy development! But they shouldn't focus on gas!!!

          5
          • mercy nduta

            21 w

            @gorffly_mokua Sure,gas shouldn't be considered as a renewable energy.

            3
          • George Kariuki

            21 w

            Such collaborations contribute not only to addressing climate change but also to fostering economic development and energy security in both nations.

            4
            • Elizabeth Gathigia

              21 w

              The agreement on renewable energy it's super one,,, but the deal on exportation of gas they should reconsider that

              5
              • Esther Wanjiku

                21 w

                This is a good deal for Nigeria

                10
                • johnte ndeto

                  21 w

                  Sounds good but they should have avoided natural gas considering it's fossil

                  12
                  • Grace Njeri

                    21 w

                    Any investment directed to renewable energy is welcome. We need more collaborations.

                    7
                    • Videlis Eddie

                      21 w

                      @grace_njeri_804 i agree with you without sufficient support and collaboration most of our developing countries will keep on lagging behind the targets of attaining the desirable conditions for our planet to thrive

                      7
                    • Videlis Eddie

                      21 w

                      This collaboration between Nigerian and German companies marks a significant step towards sustainable energy development and international cooperation. The $500 million renewable energy pact and gas export deal not only foster economic growth but also emphasize a commitment to cleaner energy sources. Initiatives like these not only benefit the involved countries but also contribute to global efforts in combating climate change. The investment plans by Germany further highlight a dedicated approach towards green energy projects in Africa, which could have a transformative impact on the continent's energy landscape.

                      8
                      • CHRIS NGATIA

                        21 w

                        This is a great partnership ... Kudos to Nigeria

                        9
                        • Videlis Eddie

                          21 w

                          @chris_ngatia this will go a long way in eradicating the electricity problem in Nigeria nd reduce the amount of fossil fuels being burned to produce energy that is not sustainable

                          7
                        • Princess

                          21 w

                          This marks a substantial step towards sustainable development and international cooperation in addressing energy challenges.

                          9
                          • Videlis Eddie

                            21 w

                            @princess_nel_268 at least now Nigeria will get a taste of sustainable energy and less pollution from burning of fossil fuels

                            6
                          • Richard S

                            21 w

                            #Germany severly loosing any vision or understanding on what needs to be done. Follow on from #Ukraine energy/ resouses war..

                            9
                            • Rotich Kim

                              21 w

                              Africa region is win congratulations to president of Nigeria for such a great move we need to hold us together as Africa continent and air out the environmental effects we are facing as well as looking for better way to safeguard our environment

                              10
                              • Saustine Lusanzu

                                21 w

                                @rotich_kim Kudos to the President of Nigeria

                                9
                                • Videlis Eddie

                                  21 w

                                  @rotich_kim definitely it a win for Africa, more so Nigeria and we need more of of such collaborations to achieve more

                                  8
                                • Saustine Lusanzu

                                  21 w

                                  Kudos to the President of Nigeria, this is good partnership

                                  10
                                  • Videlis Eddie

                                    21 w

                                    @saustine_lusanzu it will go along way in helping Nigeria efforts to curb climate change and pollution

                                    8
                                    • Jane Wangui

                                      21 w

                                      @saustine_lusanzu Most of African leader are ready to commit to fight climate injustices.

                                      4
                                    • Sara Nyberg

                                      21 w

                                      Renewable energy is good, but natural gas is fossil and leads to greenhouse gas emissions, which is bad for climate!

                                      18
                                      • Saustine Lusanzu

                                        21 w

                                        @SaraNewmountain exactly

                                        18
                                        • mercy nduta

                                          21 w

                                          @SaraNewmountain They should not deal with gas for we understand its damages to our climate.

                                          4
                                        • walter lungayi

                                          21 w

                                          The signing of the $500 million renewable energy and gas deal between Nigeria and Germany is a significant step towards strengthening economic ties and promoting sustainable development. This agreement showcases the commitment of both nations towards harnessing renewable energy sources and reducing reliance on fossil fuels.

                                          9
                                          • Videlis Eddie

                                            21 w

                                            @walter_lungayi such commitment from both parties is commendable... i hope that the money will be put into good use

                                            8
                                          Welcome, let's solve the climate crisis together
                                          Post youtube preview with preloading
                                          youtube overlay

                                          Write or agree to climate reviews to make businesses and world leaders act. It’s easy and it works.

                                          Write a climate review

                                          Voice your opinion on how businesses and organizations impact the climate.
                                          0 trees planted

                                          One tree is planted for every climate review written to an organization that is Open for Climate Dialogue™.

                                          Download the app

                                          We plant a tree for every new user.

                                          AppleAndroid