According to President Bola Tinubu, Nigeria’s renewable energy industry has drawn over $2 billion in investment, making it a rapidly expanding sector of the national economy.
The President outlined the sector’s top priorities, which include increasing investment in the oil and gas sector, increasing oil production to 2.1 million barrels per day by December 2024, enhancing midstream and downstream infrastructure investment, combating theft, and holding developers responsible for the strictest environmental regulations.