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Home Diplomatic News

Nigeria and India Forge Green Path with Renewable Energy Pact

News Editor by News Editor
January 23, 2024
in Diplomatic News
0
Nigeria and India Forge Green Path with Renewable Energy Pact
By Omonu YG Nelson
Abuja, Nigeria – In a major step towards a sustainable future, Nigeria and India signed a Memorandum of Understanding (MoU) on Cooperation on Renewable Energy, on Monday, January 22.
The agreement marks a significant commitment from both nations to collaborate on developing and deploying clean energy technologies like solar, wind, biomass, and small hydropower.
Speaking after the signing ceremony, Nigeria’s Foreign Minister, Ambassador Yusuf Maitama Tuggar, emphasised the fruitful discussions held during the 6th Joint Commission meeting between the two countries.
He highlighted the range of topics covered, including trade, cultural exchange, and aviation, while underscoring the shared values and long-standing friendship between Nigeria and India.
Indian Foreign Minister, S. Jaishankar, echoed this sentiment, praising the “renewed contacts between our leaderships” in recent years. He acknowledged the strategic importance of the partnership between the world’s largest democracies, both representing leading figures in their respective continents.
The MoU specifically focuses on:
Development of new and renewable energy technologies: This includes exploring advancements in solar, wind, biomass, and small hydropower systems.
Capacity building: Both nations will collaborate on training programs and knowledge sharing to bolster expertise in the renewable energy sector.
Technology transfer and investment: The agreement encourages facilitating investments and sharing technical know-how to accelerate the adoption of clean energy solutions.
This collaboration holds immense potential for both countries. Nigeria, with its abundant solar and wind resources, can unlock substantial economic growth and energy security through harnessing renewables. India, a frontrunner in solar technology and renewable energy innovation, stands to benefit from sharing its expertise and strengthening its ties with a key African partner.
The signing of the MoU marks a promising step towards a greener future for both countries. It underscores their commitment to tackling climate change, fostering sustainable development, and powering their economies with clean, renewable energy.
The next meeting of the Joint Commission, to be held in India, is eagerly awaited and is expected to further solidify this crucial partnership.
Tags: IndiaNigeria
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SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

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SUMMIT POST NEWS (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp & Calls ‪+234-803-209-6072‬, ‪+234-705-252-6124‬: Email: summitpostnigeria@gmail.com

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