Nigeria and Germany Join Forces to Tap into $130 Billion Global Hydrogen Market
Key Ideas
  • Vice-President Shettima highlights the importance of transitioning to green energy for sustainability and economic growth.
  • Collaboration with Germany aims to advance Nigeria's hydrogen market and align with global energy transition plans.
  • Germany recognizes Nigeria's potential in green energy, particularly hydrogen production, and emphasizes the role of universities in fostering innovation.
  • Germany aims to transition to carbon neutrality by 2045, emphasizing the need for significant shifts towards green energy imports.
Vice-President Kashim Shettima of Nigeria welcomed a German delegation led by Hydrogen Commissioner Till Mansmann, expressing the government's readiness to tap into the $130 billion global hydrogen market through a partnership with Germany. The collaboration aims to develop Nigeria's green energy sector in line with renewable energy objectives and the global transition from fossil fuels to green sources. Shettima highlighted the potential of hydrogen to revolutionize industries in Nigeria, including fertilizer production, and expressed optimism for Africa's alignment with Nigeria in hydrogen development. The German delegation emphasized the importance of collaboration with Nigeria and universities like the University of Nigeria, Nsukka, to achieve energy transformation goals. Germany acknowledged Nigeria's significant potential in green energy, particularly hydrogen production, and stressed the role of universities in fostering innovation and nurturing future talent. The collaboration also aligns with Germany's aim to achieve carbon neutrality by 2045, emphasizing the need for a shift towards green energy imports. The partnership between Nigeria and Germany signifies a positive step towards sustainable energy development and economic growth in the region.
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