President Bola Tinubu has called on countries in the Economic Cooperation Organisation (ECO) to ensure that the global shift to renewable energy supports, rather than harms, the economies of developing nations.
Represented by the Minister of Budget and Economic Planning, Senator Abubakar Bagudu, at the 17th ECO Summit in Khankhendi, Azerbaijan, Tinubu stressed the importance of a balanced approach to energy transition one that considers the economic realities of nations still reliant on fossil fuels.
He pointed out that climate change is already causing serious disruptions across Africa, including droughts, floods, desertification, and extreme heat. According to him, these problems threaten food production, displace people, and weaken economies, making it crucial for countries like Nigeria to be supported during the transition to cleaner energy.
Tinubu said Nigeria is committed to a just and inclusive energy shift and is taking steps to embed climate priorities into its national development plans. He revealed that the country is working on a new long-term development plan that will run from 2026 to 2030, aligning with the global Sustainable Development Goals. This plan will focus on diversification, green growth, and climate resilience.
He encouraged ECO nations to work together on clean energy technology, improve regional electricity networks, and ensure that investments reach underserved and rural communities. He also proposed the establishment of a trade corridor linking ECO countries with Africa to strengthen regional trade, simplify customs procedures, and improve transport infrastructure.
Tinubu emphasized the need for inclusive policies that benefit young people, women, and small-scale farmers. He called for partnerships that support local climate-friendly projects like sustainable agriculture and eco-businesses.
In his remarks, Azerbaijan’s President Heydar Aliyev acknowledged the importance of regional cooperation and highlighted his country’s progress in promoting investment and trade through the ECO. He also announced ongoing projects to create ECO research and clean energy centres and declared Shusha as the ECO Tourism Capital for 2026.
Founded in 1985, the ECO aims to foster economic, technical, and cultural collaboration among its member states. Nigeria, through its involvement, is pushing for a future where development and climate action go hand in hand.
