The United Kingdom announced on Monday its plan to inject £10m worth of aid to invest in energy access projects and support Nigeria’s COP26 commitments.

The UK said in a statement that the financing would help Nigerian investors focus on low-carbon energy  supporting off-grid low-carbon energy projects.

It said, “The UK is providing up to £10m of concessional aid to reduce the risk for pension and insurance funds to invest in energy access projects, and support Nigeria’s COP26 commitments.

– Punch