A Pan-African position articulated and promoted by leaders of the continent on the global net-zero emissions target by 2050-2060 will further advance the quest for a just energy transition, according to Vice President Yemi Osinbajo.

Prof. Osinbajo stated this today at a meeting with diplomats from the G-7 countries comprising the United States, United Kingdom, Germany, Canada, France, Japan, and also the Republic of Egypt. Other global agencies like the United Nations, World Bank and the International Monetary Fund (IMF), were also in attendance at the meeting held at the Presidential Villa.

The Vice President who spoke after a presentation of Nigeria’s Energy Transition Plan, and brief comments by the diplomats and country representatives, said the plan is geared towards the actualization of a Pan African initiative.

According to Osinbajo, “developing a common African narrative is absolutely important because it sets the stage in providing a clear vision and a clear objective to have a Pan African initiative.

“The broad-based coalition will ensure that the private sector and government work together in driving the processes and the nuances are adequately taken care of. It is important that we factor in all the nuances across the continent,” Osinbajo said.

Speaking specifically on the progress of Nigeria’s plan, Osinbajo said “there is a great deal of enthusiasm and support for the country’s energy transition plan.

Osinbajo said the Federal Government has adopted intentional approaches including the setting up of an Energy Transition Office, among others to coordinate the processes.

Speaking earlier, the Minister of Environment, Mohammad Abubakar, emphasized the need to have a Pan-African transition plan that will ensure a shared vision on the continent’s position at the forthcoming Climate Change conference.

He assured development partners and members of the G-7 countries of Nigeria’s firm commitments to the net-zero emission targets.

In the same vein, Minister of Finance, Budget and National Planning, Zainab Ahmed, said while authorities make effort to ensure stability in fiscal and monetary policies, stakeholders especially in Africa must “define our common interest and leverage existing opportunities to build new partnerships.”

In his remarks, the UN Resident and Humanitarian Coordinator in Nigeria, Matthias Schmale, commended the leadership of the Vice President in developing and implementing an energy transition plan, pledging the UN’s support towards its actualization.

In the same vein, the US Ambassador to Nigeria, Mary Beth Leonard said the United States would support initiatives aimed at creating conducive environment for investments in the sector.

She acknowledged the emergence of a movement championing common initiative for Africa’s energy transition, describing Nigeria’s plan as a manifestation of country’s position on energy transition.

The UK High Commissioner to Nigeria, Catriona Laing, said in addition to what her country planned to do in the area of off-grid solutions, more UK investors have indicated interest in the country’s renewable energy sector.

More : https://www.chronicle.ng/2022/07/15/african-coalition-can-advance-energy-transition-osinbajo/

Prof has always fought for support for Nigeria and Africa. With these efforts, the target of the net zero emissions will be met.

What osibanjo does is talk and talk,but do
nothing..
thank God he failed woefully at the primary else we would have gotten another Obama (one of the worst president ever in the history of the US)..
Someone that couldn't give one good turn to another(tinubu). He will be paid his dues soonest..

Good way to go

The West is in the front line of advocating for energy transition under the guise of climate change.
But the truth is that they want to make oil irrelevant, thereby crippling the economy of the countries that depend on it.
They want to weaken the Gulf Countries and Russia.
Energy is costly and The West is getting poorer
The West Export has reduced drastically.
Our own Climate change Programme should be the to plant trees[afforestation], ornamental trees in residential areas, flowers, use of four stroke engines, environmental cleanliness and birth control measures.

The last time PYO attended G7 meeting was in 2017.

In as much as I respect and believe in his antecedents,he didn't impressed me much managing the economy as what was promised in 2015.He chairs some economy committees that was set up