IT IS TIME FOR DECISIVE ACTION SAYS OSINBAJO, AS NIGERIA LAUNCHES FG'S ENERGY TRANSITION PLAN

Africa’s increasing energy gaps require collaboration to take ownership of the continent’s transition pathways and the action should be decisive and urgent, according to Vice President Yemi Osinbajo, SAN.

Prof. Osinbajo stated this in his remarks delivered at the global virtual launch of Nigeria’s Energy Transition Plan, a roadmap to tackle the dual crises of energy poverty and climate change.

Speaking on the need to have a peculiar transition plan, the VP said “for Africa, the problem of energy poverty is as important as our climate ambitions. Energy use is crucial for almost every conceivable aspect of development. Wealth, health, nutrition, water, infrastructure, education, and life expectancy are significantly related to the consumption of energy per capita."

Making reference to the Nigeria Energy Transition Plan, the VP said “the plan was designed to tackle climate change and deliver SDG7 by 2030 and net-zero by 2060, while centering the provision of energy for development, industrialization and economic growth.”

According to him, “we anchored the plan on key objectives including lifting 100 million people out of poverty in a decade, driving economic growth, bringing modern energy services to the full population and managing the expected long-term job losses in the oil sector due to global decarbonization.

“Given those objectives, the plan recognizes the role natural gas must play in the short term to facilitate the establishment of baseload energy capacity and address the nation’s clean cooking deficit in the form of LPG.

“The plan envisions vibrant industries powered by low-carbon technologies; streets lined with electric vehicles & livelihoods enabled by sufficient and clean energy.”

On other aspirations of the roadmap, the VP explained that “the plan has the potential to create about 340,000 jobs by 2030, and 840,000 by 2060. It also presents a unique opportunity to deliver a true low-carbon & rapid development model in Africa’s largest economy.”

Speakers at the event commended Nigeria's leadership & pioneering role in the region. #energytransition

Baba don lose primaries come here de give quote lol...
Why didn't you take the decisve decision 7 years ago ...
Abi na now your eye clear??

What a joke. You can only deceive tilumbu and APC urchins not the obedients family

Uselessness and TINUBU