Le 19 juillet dernier, le Conseil d' administration du Groupe de la Banque africaine de développement approved in Abidjan, the granting of a loan of 500 million dollars to the Federal Republic Oral from Nigeria.

The AfDB plans to fund the first phase of the Economic, Governance and Energy Transition Support Programme (EGET-SP), a new program aimed at accelerating the transformation of the country's electrical infrastructure and improving access to cleaner energy sources. This loan will help bridge the funding gap in the federal budget in fiscal year 2024-2025 and more specifically support the implementation of the country's new electricity law and Nigeria's Energy Transition Plan. The Energy Transition Plan provides for the development of an installed electricity capacity of 250 gigawatts (GW), 90% of which will come from renewable energies, by 2050. It will provide access to clean cooking to most of the population by 2030, thanks to liquefied petroleum gas (LPG), biogas, biofuels such as ethanol and