Nigeria and India forge renewable energy alliance in a landmark agreement

The agreement, a focal point of the sixth Nigeria–India Joint Commission Meeting, encompasses the collaborative development of new and renewable energy technologies such as Solar Energy, Wind Energy, Biomass/Bio-energy, Small Hydro, and Capacity Building

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In a significant stride toward sustainable development, Nigeria and India have solidified their commitment to renewable energy cooperation through the signing of a Memorandum of Understanding (MoU). The agreement, a focal point of the sixth Nigeria–India Joint Commission Meeting, encompasses the collaborative development of new and renewable energy technologies such as Solar Energy, Wind Energy, Biomass/Bio-energy, Small Hydro, and Capacity Building.

The MoU was formally signed by Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, and his Indian counterpart, Dr. Subrahmanyam Jaishankar, during the official visit of the latter to Nigeria. The signing ceremony was part of a comprehensive review of bilateral relations between the two nations, covering various sectors including Political, Culture, Aviation, Trade and Investment, Developmental Partnership, Defence and Security Cooperation, Consular Matters, Regional Issues, and Multilateral Cooperation.

Speaking at a press conference after the signing, Ambassador Tuggar highlighted the productive meetings held during the joint commission. He emphasized the historical ties between Nigeria and India, underlining the two countries as the largest democracies on their respective continents, with shared values and a longstanding friendship.

The next meeting of the Nigeria-India Joint Commission is scheduled to be held in India, further reinforcing the momentum of this burgeoning partnership

Dr. Jaishankar echoed the sentiment, stating, “India and Nigeria share a long-standing and friendly relationship rooted in history. We are the largest democracies of the world and are the leaders in our continents. In recent years, this has been renewed by contacts between our leaderships.”

The bilateral cooperation extends beyond the energy sector, with India being one of Nigeria’s top economic partners, boasting investments estimated at approximately 27 billion US Dollars and an annual trade turnover ranging between 13-15 billion US Dollars. The collaborative efforts under the MoU signify a strategic alliance geared towards fostering sustainable energy practices, aligning with global efforts to combat climate change.

The success of this partnership positions both countries as influential players in the global shift towards renewable energy, emphasizing their shared commitment to addressing environmental challenges and promoting a greener, more sustainable future.

The next meeting of the Nigeria-India Joint Commission is scheduled to be held in India, further reinforcing the momentum of this burgeoning partnership.

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