FG urged to accelerate transition to gas from fossil fuel | Dailytrust

FG urged to accelerate transition to gas from fossil fuel

Abuja Chamber of Commerce and Industry (ACCI)

In Preparation for the World Energy Day (WED), experts have urged the federal government to expedite actions in making gas the mainstay of energy usage in Nigeria.

The day is billed to be held in Abuja and organised by the National Chamber Policy Centre and CabTree, next Thursday at the Abuja Chamber of Commerce and Industry (ACCI).

A statement by the planning committee signed by Olayemi John-Mensah, noted that the stakeholders are preparing to provide facts and figures on why switching to gas is Nigeria’s best move towards energy transition.

Mensah said that the event to be declared open by Vice President, Yemi Osinbajo, would see the Minister of State for Petroleum Resource, Chief Timipre Sylva as the keynote speaker.

“Industry leaders attending include the GED Gas and Power of the NNPC, the Nigerian Gas Association, Shell Gas, Gas Aggregation Company of Nigeria, Nigeria Gas Marketing Company, Niger Delta Power Holding Company of Nigeria, top officials of the new NNPC Limited, corporate Chiefs from multinational oil corporations and energy experts from across Africa.”

She stated that the conference is to have four-panel sessions covering gas to power solutions, gas within the context of the energy transition, the question of infrastructure and constraints, and the impact of the new Petroleum Industry Act on the gas sector.

She added that the conference is a gathering of the best minds that would chart a sustainable path for Nigeria within the context of the global push for the energy transition.

The statement quoted a Director at ACCI, Olawale Rasheed, as hosting the event with the aim of making it an annual gathering.

Mr Olabode Sowunmi III, CEO of CabTree, said that the gathering will intellectually analyse the country’s trajectory in the journey of the energy transition, adding that “ the primary goal of the event is to ensure deeper review of policy efforts towards energy transition”.