NATIONAL NATIONAL News

FG Pledges “Relationship Support” to Oando’s Renewable Energy Investments

Written by Yusuf Zubairu

Federal Government has pledged to give what it termed “relationship support” to Oando’s investments in renewable energy systems in the country.

The Special Presidential Envoy on Climate Action, Chief Ajuri Ngelale, however said the support would be based on the merit of their organisational vision and wide-ranging activities.

He discussed the planned support during a virtual meeting with the Executive Management team of Oando Clean Energy, where they talked about the company’s innovative efforts to expand significant and valuable investments in renewable energy systems.

“The combination of Oando’s focused attention on Research and Development, and sustained study of prospective clean energy investment opportunities with the willingness to take calculated risks is setting up to be a major boon for their organisation, but also for the Nigerian economy as a whole”, he obsessed.

Chief Ngelale also had a virtual deliberation with officials from the U.S. Department of Energy and the U.S. State Department concerning Nigeria’s push to leverage on its vast marine resources to attract new green-focused partnerships and investments in her seaports and shipping corridors.

Receiving briefing from the Director-General/CEO of the National Council on Climate Change (NCCC), Dr. Nkiruka Maduekwe, the Presidential Envoy said their efforts would soon yield the desired fruits.

Bello Wakili