The European Union (EU) and its development finance institutions will provide Nigeria with 1.29 billion euros ($1.3 billion) to help Africa's most populous country diversify its economy away from oil, a document from the bloc showed on Monday.
The funding will be provided until 2027 under the EU's "Green Deal" initiative and will, among other things, focus on enhancing access to renewable energy and boosting the development of the agricultural sector.
About 57 projects, including nature-based measures to reduce climate change vulnerability, combating deforestation and desertification, and a waste-to-energy initiative in the southern Cross River state will receive funding, the EU said.
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