The International Labour Organisation (ILO) has launched the second phase of its just transition project in Nigeria, a program designed to stimulate job creation within the country's green economy.
The initiative is being implemented in partnership with the Federal Government of Nigeria and the Government of France, marking a continued international commitment to supporting Nigeria's shift toward sustainable energy sources.
25 billion loan to support economic reforms, infrastructure development, and job creation, including the Nigeria Actions for Investment and Jobs Acceleration programme.
The project focuses on developing skills and employment opportunities in renewable energy sectors, aiming to mitigate the economic impact of transitioning away from fossil fuels.
This phase builds on earlier efforts to align labor market policies with environmental goals, providing a framework for workers to move into emerging green industries.
This development follows recent international financial support for Nigeria's broader economic agenda.
The World Bank recently approved a $1.25 billion loan to support economic reforms, infrastructure development, and job creation, including the Nigeria Actions for Investment and Jobs Acceleration programme.