Nigeria reaffirms commitment to energy reforms at SEforALL Forum
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, joined global leaders in Bridgetown for the Sustainable Energy for All (SEforALL) Forum, a high-level gathering focused on advancing global energy access and sustainability.
The Minister of Power, Adebayo Adelabu, was also in attendance, highlighting Nigeria’s dedication to energy sector reforms.
Speaking at the forum, Edun emphasized the need for strategic investment and increased private sector participation to achieve universal energy access.
“The government does not have the balance sheet to fund this alone. Our reforms are designed to unlock private investment, improve market dynamics, and accelerate the transition to cost-reflective tariffs,” he stated.
Nigeria remains a key beneficiary of Mission 300, a joint initiative by the World Bank and African Development Bank (AfDB) aimed at providing electricity to 300 million Africans.
The country is leveraging the initiative to expand renewable energy infrastructure and improve access in underserved communities.
The SEforALL Forum brought together policymakers, development partners, and energy experts to drive solutions for a just and inclusive energy transition, reinforcing global efforts to achieve sustainable and equitable energy access.
