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FG targets $500m funding to strengthen climate investment, others

Source: Punch

CEII brief

Punch reported on 14 Oct 2026: FG targets $500m funding to strengthen climate investment, others.

The Federal Government is targeting $500m in climate financing to strengthen climate-resilient infrastructure and improve adaptation measures in Nigeria.

— Punch
Read the full story on Punch

Context from CEII

Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.

22.0% of electricity in Nigeria was renewable in 2021

Countries in this story

Original reporting © Punch. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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