✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Operators brainstorm on energy transition

The Renewable Energy Association of Nigeria (REAN) and other stakeholders in the energy sector yesterday met as part of efforts to facilitate Nigeria’s energy transition…

The Renewable Energy Association of Nigeria (REAN) and other stakeholders in the energy sector yesterday met as part of efforts to facilitate Nigeria’s energy transition plan.

Recall that the federal government in August launched Nigeria’s energy transition plan as a major pathway in achieving universal energy access by 2030 and a carbon-neutral economy by 2060.

Vice President Yemi Osinbajo, at the global launch, said the plan was designed to tackle energy poverty and climate change crisis, as well as deliver sustainable development goal seven (SDG7) by 2030 and net zero by 2060.

The President of REAN, Ayo Ademilua, who addressed participants at a day stakeholders’ dialogue on ‘Understanding the Nigeria Energy Transition Plan,’ organised by REAN in Abuja, said the plan identified key areas where there are high emissions in Nigeria.

FG, others urged to increase investments in occupational health

Buhari returns to Daura, pledges to defend democracy

He argued that the global shift to renewable energy should not be perceived as a crisis.

Country Director, Heinrich Boell Stiftung (HBS), Jochen Luckscheiter, said some stakeholders in Nigeria had been left out of the ETP process so far.

“As much as I understand the necessity for international partnership and investment to make the ETP happen, some relevant stakeholders in Nigeria felt somewhat left out of the process so far,” he said.

An energy transition investment professional from the office of the Vice President, Dr. Muntaqa Umar Sadiq, said nearly 65% of Nigeria’s total green gas emissions are connected to energy consumption.

He said the 65% emissions are affecting health and livelihoods in the country and Nigeria’s energy transition plan is on hand to address the issue.

To achieve net zero, he said the country needs to increase energy access through natural gas and reduce emissions.

 

VERIFIED: It is now possible to live in Nigeria and earn salary in US Dollars with premium domains, you can earn as much as $12,000 (₦18 Million).
Click here to start.