Nigeria is being provided with $3 billion in funding to enable it to reach its “zero emissions” goal by 2060.

Nigeria's energy transition plan will achieve universal access to energy by 2030 and a neutral energy system in carbon by 2060, while accelerating economic growth and development. During the ceremony to launch the country's Energy Transition Plan chaired by His Excellency, the Vice President of Nigeria, Prof. Yemi Osinbajo SAN, $1.5 billion in support was announced by the World Bank, and Nigeria hopes to get another one funding of 1.5 billion dollars from an institution based in the United States.

Analysis of the energy transition plan shows that Nigeria needs 410 billion USD more than usual spending in the entire economy, which shows Feel about 10 billion USD per year until 2060 to reach its goals.