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Nigeria and China Sign €7.6 Billion Clean Energy Deal

by Nigeria Today
February 25, 2025
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Nigeria and China have formalized a €7.6 billion green hydrogen energy agreement aimed at transitioning from fossil fuels to clean energy.

The deal, signed over the weekend, marks a vital step in aligning with global best practices for environmental sustainability.

The agreement was executed in Uyo, the capital of Akwa Ibom State, between the Federal Government, APPL Hydrogen Limited (AHL), and LONGi Green Energy Technology Company Limited (LGETCL) from China.

Chief Uche Nnaji, the Minister of Innovation, Science and Technology, represented the Federal Government, while Mr. Idara Ekpo, the Chief Visionary Officer (CVO) of AHL, endorsed the agreement for his company. The Chinese delegation was led by Francois Cui, Vice President of LONGi (Europe).

The green hydrogen project will be situated within the Liberty Free Trade Zone (LFTZ) at Atabrikang in Ibeno Local Government Area of Akwa Ibom State. The signing ceremony also included key figures from LONGi, such as Monica Ping (Technical Director for Europe), Jim Huang (General Manager for Europe), and Arinze Onyeabo (Business Development Director for West Africa/Technical Manager for Europe).

In his remarks, Minister Nnaji said the agreement emphasizes the Federal Government’s commitment to advancing renewable energy, industrialization, and technology-driven innovation as essential components of economic growth.

“The project represents a significant step in Nigeria’s journey towards a sustainable energy future,” he said.

As the global energy landscape shifts toward cleaner alternatives, Nnaji highlighted the project’s potential to position Nigeria at the forefront of green energy innovation, particularly in the production of green hydrogen, green methanol, and green ammonia.

Nnaji outlined several benefits of integrating science and technology in the energy sector, including: Industrial Development,  Job Creation, Foreign Investment Attraction and Global Energy Market Positioning.

The AHL project aligns with national priorities, particularly in developing a robust research and development ecosystem that supports sustainable energy solutions. Nnaji also stressed the importance of collaboration between public and private sector stakeholders to ensure the project’s success.

Alhaji Bamanga Usman Jada, Managing Director of the Oil and Gas Free Trade Zone Authority, described the project as one that will diversify Nigeria’s economy, stimulate exports, and address foreign exchange challenges.

“It will lead to technology transfer, create massive employment for our people, and it is environmentally friendly and sustainable,” he added.

Idara Ekpo, CVO of APPL Hydrogen Limited, further explained that the company is venturing into the green hydrogen project as part of a global movement towards green hydrogen solutions to combat climate change.

Tags: CHINAClean Energy DealNigeria

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