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Efforts to bolster Nigeria's energy infrastructure are gaining momentum, with the European Union's Global Gateway Initiative pledging to invest €50 billion by 2027. This initiative aims to enhance connectivity, promote sustainable development, and strengthen economic ties. In tandem with these efforts, discussions are underway regarding a potential electricity tariff hike as the Nigerian government seeks to reduce subsidies. Stakeholders gathered in Lagos to explore strategic frameworks that can foster a competitive electricity market, focusing on attracting private sector investment through the capital markets.