Nigeria Energy returns to lead dialogue on evolving energy sector #FeatureByHKStrategies - … as Nigeria launches energy transition plan The Federal Government recently launched its Energy Transition Plan (ETP) for Nigeria, the first of its kind across Africa, which demonstrates its commitment to a clean and sustainable future. In addition to providing reliable access to energy for industries, the plan supports Nigeria''s goal of universal access to energy by 2030, as well as a carbon-neutral energy system by 2060. The country would need an investment of $410 billion, which translates to $10 billion per year, to achieve this goal. Contributing to the initial $10 billion support package, the World Bank plans to commit $1.5 billion while Nigeria expects another contribution from the US Exim Bank towards the energy transition plan which will double this amount to $3 billion. This leaves a deficit of $7 billion and an opportunity for local and international investors in the energy sector. The energy sector requires decisive and urgent collaboration to lead the transition to sustainable energy supply in Nigeria and West Africa.