ECN, UNIDACO LIMITED LONDON SIGN €100M INVESTMENT MOU DEAL IN NIGERIA'S ENERGY SECTOR

ECN, UNIDACO LIMITED LONDON SIGN €100M INVESTMENT MOU DEAL IN NIGERIA'S ENERGY SECTOR 

The Energy Commission of Nigeria (ECN), under the leadership of Dr. Mustapha Abdullahi as Director General, has signed a Memorandum of Understanding with UNIDACO Limited, London, for an initial €100 million investment in Nigeria’s energy sector.

The signing, held at the House of Lords, London, during the Renewed Hope Global Dialogue (UK Edition), marks a major milestone in advancing Nigeria’s clean energy transition.

According to Dr. Abdullahi, "this partnership underscores our commitment to expanding renewable energy access, driving innovation, and strengthening Nigeria’s capacity to harness clean technologies.

"Moreover, it aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, particularly on sustainable energy solutions as a catalyst for economic growth and development." Abdullahi stated.

He further disclosed that "this distinctive MoU was signed in the presence of dignitaries and investors of repute from Nigeria and across the world.

"Overall, this milestone reaffirms our resolve to deepen global partnerships that will accelerate Nigeria’s energy transformation. Together, we are charting a new course toward an inclusive, energy-secure, and prosperous nation built on innovation and collaboration." He restated.

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