From Juliana Taiwo-Obalonye, New York
President Muhammadu Buhari, has reiterated the Nigerian government’s commitment to ensuring a rapid and strategic transition to renewable energy in response to global efforts to preserve the environment on Wednesday in New York.
According to a statement by Special Adviser to the President on Media and Publicity, Femi Adesina, Buhari, speaking at a Leaders’ Closed-Door Meeting on Climate Change convened by the Secretary General of the United Nations, Antonio Guterres, on the sidelines of the United Nations General Assembly, emphasized that his administration had launched a home-grown, data-backed, multi-pronged energy transition plan in August this year, which is the country’s framework in achieving net-zero emissions by 2060.
Highlighting some of the details in the plan, the President said that through the use of emerging technologies and alternative fuels such as hydrogen, bioenergy and waste-to-energy, a pathway would be created for accelerated decarburisation of energy systems and harnessing of new and diverse technologies towards low carbon development while aligning to our broader developmental aspirations in a fair and just manner.
He said, “the plan also sets out a timeline and framework for the attainment of emissions reduction across five key sectors: power, cooking, oil and gas, transport and industry,” adding that, “gas will play a critical role as a transition fuel in Nigeria’s net-zero pathway, particularly in the power and cooking sectors. “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 percent made up of renewables.”
Expressing his confidence that the plan would put the nation on the path of prosperity, President Buhari said that a careful implementation would create significant investment opportunities as it will engender the establishment and expansion of industries related to solar energy, hydrogen and electric vehicles.