Nigeria has emerged victorious in its bid to host the headquarters of the African Energy Bank, a monumental institution with a $5 billion capital aimed at financing and advancing energy projects across the continent.
The announcement was made by the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, via his official X handle today.
Lokpobiri expressed his elation, stating, “I am delighted to share that Nigeria has been selected to host the headquarters of the African Energy Bank. This prestigious honour is a testament to our country’s leadership and commitment to the energy sector.”
The Minister underscored the significance of this achievement, highlighting the pivotal role the African Energy Bank will play in promoting innovation, sustainability, and economic growth within the energy sector.
“As the Minister for Petroleum Resources [Oil], I am incredibly proud of this achievement. The African Energy Bank will be a cornerstone for financing and advancing energy projects across Africa,” he noted.
He further emphasized the broader implications of this victory, not just for Nigeria but for the entire African continent.
“This is a remarkable victory for Nigeria and the entire African continent. It symbolizes our collective efforts to harness and develop our rich energy resources for a brighter, more sustainable future.”
Lokpobiri extended his gratitude to all those who contributed to this successful bid, asserting that this milestone marks the beginning of a transformative journey for energy in Africa.
“Thank you to everyone who made this possible. Together, we are shaping the future of energy in Africa, starting right here in Nigeria.”
