Energy Challenge: Tinubu appoints Team to establish “Evergreen City”

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In his determination to walk the talk President Bola Tinubu has given the global clamour for energy diversification a boost by assigning energy consultants, INFRACORP the duty of developing Nigeria’s pioneer alternative energy city; the “EvergreenCity.”

Fleshing up the details on this novel energy concept, Presidential media aid, Ajuri Ngelale stated that InfraCorp, owned by former General Electric top gun, Lazarus Angbazo shall be the “Lead Arranger and Developer of the EvergreenCity”.

President Tinubu also approved the establishment of the Presidential Steering Committee on Project Evergreen, into which he has empanelled a select team of alternative energy experts that shall ensure the successful implementation of the project.

In a press statement, Chief Ngelale disclosed that the steering committee shall be chaired by the Special Presidential Envoy on Climate Action, while the Secretariat shall be headed by Lolade Abiola of the UN SE4ALL

Ngelale listed thirteen other green energy gurus as members of the steering committee. Promiment among them is Mr. Suleiman Yusuf, Managing Director and CEO of Blue Camel Energy, a leading player in Nigeria’s green energy ecosystem.

Other members of the committee are Lazarus Angbazo (CEO, InfraCorp), Salisu Dahiru (CEO, NCCC), Aminu Umar-Sadiq (CEO, NSIA), Khalil Halilu (CEO, NASENI), Abba Abubabkar Aliyu (CEO, REA), Fatima Shinkafi (CEO, SMDF), Uzoma Nwagba (CEO, CrediCorp), Bala Bello (Deputy Governor, CBN), Teni Majekodunmi (NCCC), Nana Maidugu (NSIA), Michael Ivenso (NCCC), and Chidi Ajaere (Jet EV).

President Tinubu also approved the terms of reference for the work of the Committee to include:
(1) Selection of partners/consultants to undertake critical development activities, including project design, environmental impact assessments, feasibility studies, financial modelling, and market engagement.

(2) Raising private funding for the development of the city and constituent projects.

(3) Coordinating with partners, development institutions, and other providers of capital and technical assistance.

(4) Reporting to the Supervisory Presidential Steering Committee on Project Evergreen

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