Following an investigative hearing on the $2 billion renewable energy grants and investments in Nigeria, the House of Representatives Committee on Renewable Energy has invited stakeholders.
The investment, according to the committee, has not had a proportional impact on the nation’s energy security challenges.
President Bola Tinubu had in July 2024 stated at the Africa Natural Resource and Energy Investment Summit in Nigeria that the nation had attracted over $2 billion investment in the sector in the past decade.
A statement issued on Sunday by the House committee chairman, Victor Ogene, in Abuja, said the probe will cover the period from 2015 to 2024.
The investigative hearing follows the mandate given to the committee on 6 June 2024 to investigate Ministries, Departments, and Agencies involved in investments, procurement and receipt of grants for renewable energy sector development.
The hearing is scheduled for Tuesday and Wednesday, 5 and 6 November 2024
