ETC, CTH hosts financial summit to tackle Nigeria’s energy crisis
By Josfyn Uba
The Energy Transition Council (ETC) and Clean Technology Hub (CTH) have announced that a high-level summit is poised to tackle Nigeria’s energy crisis.
The forum, titled “Energising Finance: A Private Sector Dialogue on Powering Nigeria’s Future,” is scheduled to take place in Lagos on Monday, March 30, 2026.
The summit comes at a time when an estimated 85 million Nigerians live without electricity, while over 100 million lack access to clean cooking solutions. To fix this, the Federal Government’s Energy Transition and Investment Plan (ETIP) estimates a staggering $500 billion is required to achieve net-zero emissions by 2060.
Furthermore, under the “Mission 300” initiative, Nigeria aims to mobilise $23.2 billion by 2030 to achieve universal electricity access, with the private sector expected to provide $15.5 billion of that sum.
The event will bring together captains of the financial sector, bank executives, as well as private sector operators who will chart a roadmap for investment.
A press release from the organisers says that dialogue will move beyond rhetoric to address “persistent bottlenecks” that have stalled energy projects. Areas of focus include transforming national policy targets into projects that are attractive to investors, addressing foreign exchange (FX) volatility and liquidity constraints.
Developing local currency facilities and securitisation structures to protect domestic investments are also issues on the front burner.
Recommendations from the summit will lead to a joint roadmap and launch of pilot financing mechanisms and are expected to set the stage for the Nigeria Climate Infrastructure Investment Forum in August 2026. A communiqué will be issued at the end of the summit.
The Energy Transition Council (ETC), co-chaired by the UK and the Philippines, brings international political and technical weight to the table. The Clean Technology Hub (CTH) is a leading research and advisory organisation dedicated to driving clean energy across Africa.
By aligning international leadership with local financial expertise, the high-powered summit seeks to turn Nigeria’s energy deficit into a massive investment opportunity, ensuring that no Nigerian is left in the dark.
 and Clean Technology Hub (CTH) have announced that a high-level summit is poised to tackle Nigeria's energy crisis.){kind=link}