Vice President Kashim Shettima at the weekend said that there was the need for Nigeria to reduce its over-reliance on the volatile global fossil fuel markets by attracting significant investment into the development of Nigeria’s domestic green hydrogen industry.
Shettima spoke as it was revealed that Nigeria’s green energy roadmap indicates that the country is seeking to attract $5 billion in private investments and create 500,000 new jobs by 2035, including in manufacturing, tech and logistics as well as $10 billion annual revenue from hydrogen exports.
Speaking in Abuja at the ‘Nigeria 4H₂ Project Results Workshop and End of Project Stakeholders Interaction’, the vice president noted that the project will stimulate job creation across various sectors, from engineering and manufacturing to logistics and research.
The Nigeria 4H₂ project is a German-supported initiative focused on exploring and developing green hydrogen-to-fertiliser production in Nigeria. It’s a technical and stakeholder-led study evaluating the country’s potential in producing hydrogen using renewable energy such as solar and wind.
