The Energy Commission of Nigeria (ECN), under the leadership of *Dr Mustapha Abdullahi, CEng, MIMechE*, has signed a landmark Memorandum of Understanding (MoU) with UNIDACO Limited, London, for an initial €100 million investment aimed at advancing Nigeria’s clean energy transition.
The signing ceremony took place at the prestigious House of Lords in London during the Renewed Hope Global Dialogue (UK Edition), an international forum promoting Nigeria’s global partnerships and investment opportunities.
This milestone agreement affirms the Commission’s commitment to expanding access to renewable energy, fostering innovation, and strengthening Nigeria’s capacity to harness sustainable technologies. Speaking at the event, 
Dr Mustapha Abdullahi, Director-General and CEO of the Energy Commission of Nigeria, said:
“This partnership is a clear demonstration of our readiness to work with credible international partners in accelerating Nigeria’s transition to clean energy. It aligns perfectly with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises sustainable energy solutions as a catalyst for economic growth, industrialisation, and national prosperity.”
*Amb Joseph Adebola, MNIM; MCICN*, Global Chairman of Renewed Hope Global, described the signing as a symbol of renewed investor confidence in Nigeria’s energy sector, stating:
“This MoU not only reflects Nigeria’s seriousness about energy diversification but also signals to global investors that the country is open for business and committed to innovation-driven growth.”
In his remarks, *Prince Ade Omole*, the lead organiser of the event, noted:
“The Renewed Hope Global Tour continues to deliver tangible results. This €100 million clean energy investment is proof that President Tinubu’s global engagement strategy is working, positioning Nigeria as a destination of choice for serious investors. Truly, Nigeria is open for business”
The British establishment, dignitaries, investors, and stakeholders from across Nigeria and around the world attended the event, further cementing Nigeria’s leadership role in Africa’s renewable energy revolution.
Video: *Channels TV News*.
Signed:
Hon. Tosin Olayinka, LL.B (Hons), B.L, LLM (London)
Programme Director
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