Nigeria’s hydropower, circular economy get EU-UNIDO’s financial boost

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The Nation Newspaper Nigeria’s hydropower, circular economy get EU-UNIDO’s financial boost

will be executing two new projects introduced in Nigeria by the European Union , aimed at promoting small hydropower development and circular economy approaches.

UNIDO oversees the implementation of this fully funded EU project under the EU’s Multilateral Indicative Programme 2021-2027 and other EU-Nigeria Cooperation initiatives. The EU Head Cooperation, Massimo De Luca, acknowledged the longstanding cooperation between the EU and the Federal Government, stressing: “Nigeria’s green transition will remain at the heart of our cooperation with Nigeria.”

It comprises two sub-projects. First, Small Hydro Power Development for Agro-industry Use in Nigeria , which aims to boost small hydropower capacity in the energy mix, increase agricultural productivity, and improve livelihoods, thereby enhancing food security and job opportunities. The UN Resident Coordinator in Nigeria, Mohamed Malick Fall, expressed confidence that the projects would not only enhance the management of used off-grid energy equipment and plastics but also increase agricultural productivity and improve livelihoods.

Others are the Women in Renewable Energy , the Food and Beverage Recycling Alliance , the Waste Management Association of Nigeria , the Recyclers Association of Nigeria , and the Association of Waste Recyclers and Collectors of Nigeria .

Source: Financial Digest (financialdigest.net)

 

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