 Distinguished guests, ladies and gentlemen, thank you for joining us at this global launch of Nigeria's energy transition plan. I'm grateful to all our partners and sister governments for their support on the plan and for their robust participation in the launch today. Climate change is perhaps the greatest existential threat of our lifetime. The most reliable evidence today shows that every inhabited region across the globe is already affected and that no place on earth will be immune to its effects. In Africa, the effects are expected to be particularly damaging. For instance, climate change threatens crop productivity in regions that are already food insecure. And since agriculture provides the largest number of jobs, reduced crop productivity will simply worsen unemployment. Yet from all indicators, as a global community, we are way behind schedule on the pathway to limiting warming to 1.5 degrees Celsius above pre-industrial levels to avoid the worst impacts of climate change. It is certainly time for decisive action and we just cannot afford to delay. African nations are rising to the challenge. All African countries have signed the Paris agreements and some countries, South Africa, Sudan, Angola and Nigeria, have also announced net zero targets. But for Africa, the problem of energy poverty is as important as our climate ambitions. Energy use is crucial for almost every conceivable aspect of development. Wealth, health, nutrition, water, infrastructure, education and life expectancy are significantly related to the consumption of energy per capita. Africa, with about 17% of the world's population, only generates 4% of the world's electricity. The current lack of power hurts livelihoods and destroys the dreams of hundreds of millions of young people. And although Africa's current unmet energy needs are huge, future demand will even be greater due to expanding populations, urbanization and movement into the middle class. It is clear that the continent must address its energy constraints and would require external support and policy flexibility to deliver this. Unfortunately, in the wider responses to the climate crisis, we're not seeing careful consideration and acknowledgement of Africa's aspirations. For instance, despite the tremendous energy gaps, global policies are increasingly constraining Africa's energy technology choices. There's a clear need for African nations to engage more critically and vocally in conversations on our global climate future. More importantly, we need to take ownership of our transition pathways and design climate-sensitive strategies that address our growth objectives. This is what Nigeria has sought to do with our energy transition plan. The plan was designed to tackle the dual crises of energy poverty and climate change and deliver SDG7 by 2030 and NetZero by 2060 while centering the provision of energy for development, industrialization and economic growth. We anchor the plan on key objectives, including lifting 100 million people out of poverty in a decade, driving economic growth, bringing modern energy services to the full population and managing the expected long-term job loss in the oil sector due to global decarbonization. Given these objectives, the plan recognizes the role of natural gas in the short term to facilitate the establishment of baseload energy capacity and address the nation's clean cooking deficit in the form of LPG. The plan envisions vibrant industries powered by low-carbon technologies, streets lined with electric vehicles and livelihoods enabled by sufficient and clean energy. The plan has the potential to create about 340,000 jobs by 2030 and 840,000 jobs by 2060 and it presents a unique opportunity to deliver a true low-carbon and rapid development model in Africa's largest economy. However, the plan also highlights the significant scale of resources required to attain both development and climate ambitions. Nigeria would need to spend 410 billion US dollars above business-as-usual spending to deliver a transition plan by 2060, which translates to about 10 billion US dollars per year. The average 3 billion US dollars per year investments in renewable energy recorded for the whole of Africa between the years 2000 and 2020 will certainly not suffice. Towards implementation of the plan, we have an interministerial energy transition implementation working group, which I have the privilege of chairing. We are currently engaging with partners to secure an initial 10 billion US dollars support package ahead of COP 27 along the lines of the South African Just Energy Transition Partnership, which was announced at COP 26 in Glasgow. In addition, we are currently implementing power sector initiatives and reforms that are focused on expanding our greed, increasing generation capacity, and employing renewable energy to rural and underserved populations. Significantly, today, we're also launching an innovative results-based finance program that focuses specifically on scaling up electricity access for productive users. The Universal Energy Facility will provide grant payments to enable solar companies expand their operations to small and medium-sized enterprises across Nigeria while crowding in additional private capital. Projects that are sponsored by the Universal Energy Facility will help grow businesses and create jobs, making them key contributors to our energy transition plan. And I'd like to encourage solar companies in attendance today to engage with this innovative financing opportunity, which has been managed by the sustainable energy for all, see for all. We developed our energy transition plan to engage with the rest of the world in a serious, thorough, and data-backed manner. We're hopeful that investors and the global community, particularly in the lead-up to COP 27, will recognize the immense opportunities and potential for impact on the African continent. Working together, we can make this moment count for Nigeria, for Africa, and the rest of the world. Thank you very much for your attention.