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Home Business & Finance Business Sustainability

Netherlands initiates board to drive sustainable energy in Nigeria

Quadri Olaitan by Quadri Olaitan
February 14, 2024
in Sustainability
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The Netherlands government has established an advisory board aimed at accelerating Nigeria’s shift towards cleaner energy, focusing on advancing sustainable solutions within the solar marketplace.

The inauguration ceremony was recently held at Arnergy office at Ilupeju, Lagos.

According to a statement, the Solar Marketplace initiative was a key component of the Dutch Government’s commitment to promoting renewable energy adoption and achieving sustainable trade and development in Nigeria.

It noted that the advisory board would play a central role in guiding the strategic direction and implementation of the solar marketplace initiative.

It explained that the Marketplace is expected to act as a trusted platform that would connect and facilitate business, trade, and investment in the Nigerian solar sector.

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The Consulate of the Netherlands said it was delighted to announce the official inauguration of the Solar Marketplace Advisory Board.

The statement described the move as a pivotal step forward in its ongoing efforts to promote sustainable energy solutions in Nigeria.

Geoffrey van Leeuwen, the Dutch Minister for Foreign Trade and Development Cooperation, while speaking at the inauguration, said: “This inauguration of the Solar Marketplace Advisory Board marks a significant moment in our shared journey towards scaling renewable energy opportunities in Nigeria.
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“By bringing together top minds from the renewable energy sector in Nigeria, we aim to accelerate the adoption of solar technologies, foster innovation, and create a tangible impact on Nigeria’s energy landscape.”

Yusuf Umar, the Programme Lead of the Nigeria Sovereign Investment Authority renewable energy platform and a member of the new advisory board, in his remarks, expressed concern about the fragmentation in Nigeria’s energy sector.

On his part, the founder of Arnergy and a member of the advisory board, Femi Adeyemo, highlighted the imperative for Nigerian businesses to shift away from diesel, citing the challenges associated with other energy sources.

Adeyemo, underscored the urgency of promoting investments in renewable energy to ensure sustainable operations.

The members of the solar marketplace advisory board are Edwin van Veenhuizeen from Invest International, Farouk Bello, who works as a manager at the Global Energy Alliance for People and Planet and Ayo Ademilua, who serves as the president of the Renewable Energy Association of Nigeria.

Others include Emeka Oragunye affiliated with Sustainable Energy for All, Michael Ivenso representing the National Council on Climate Change, and Olabanjo Alimi from Sterling Bank.

Quadri Olaitan
Quadri Olaitan

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