EU pledges $1.4bn in climate funding to Nigeria

The European Union (EU) and development finance institutions will provide $1.4-billion in funding aimed at cutting its reliance on oil. The funds for agriculture, climate and digital projects will help Africa’s largest oil producer, “achieve low carbon, resource efficient and climate resilient development, creating jobs for youth and economic growth,” Samuela Isopi, EU ambassador to Nigeria and the Economic Community of West African States, said at a conference in Lagos.

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