UNGA: Nigeria Committed To Rapid Renewable Energy Transition- Buhari


Following Nigeria’s energy transition plan launched in August 2022, President Mohammadu Buhari, has said Nigeria is committed to a rapid transition to renewable energy.

Buhari made this known to attendees of a climate change session at the United Nations General Assembly (UNGA).

He said the data-backed energy transition plan highlights the use of renewable energy technologies to transform Nigeria into a clean energy-led economy.

Nigeria’s energy transition plan is projected to create 340,000 jobs by 2030 and up to 840,000 jobs by 2060, driven by the transportation, clean cooking and power sectors.

According to him, emerging technologies like hydrogen and bioenergy would create pathways for low-carbon development in the country.

In his statement, Buhari shared a few details from the plan and shared his confidence in Nigeria’s energy transition plan, which he said would put Nigeria on a path to prosperity.

“The clean energy goals of the plan include modernizing the power sector with large-scale integration of renewable energy, enhancing energy efficiency and conservation; and is expected to generate 250 gigawatts of installed energy capacity with over 90% made up of renewables,” he said.

Buhari said the implementation of the energy transition plan will provide investment opportunities for Nigeria, especially in the area of natural gas for industrialization and power supply.

In his speech, he made reference to the possibilities that solar energy, e-mobility, and hydrogen production could give Nigeria, going forward.

With what Buhari said at the UNGA, Nigeria is ready to switch to natural gas and other forms of renewable energy. However, Nigeria currently struggles with a number of issues that could pose challenges to the implementation of the energy transition plan.

ALSO READ  Sanwo-Olu Assents To VAT Bill

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button