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Home 360 News

BUHARI HAS PLEDGED TO A RENEWABLE ENERGY TRANSITION WHICH MIGHT BRING IN 340,000 NEW JOBS BY 2030

Public Intel by Public Intel
September 22, 2022
in 360 News, Democracy and Governance
0
BUHARI HAS PLEDGED TO A RENEWABLE ENERGY TRANSITION WHICH MIGHT BRING IN 340,000 NEW JOBS BY 2030
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Following the announcement of Nigeria’s energy transition plan in August 2022, President Mohammadu Buhari informed delegates of a climate change session at the United Nations General Assembly (UNGA) on Wednesday that Nigeria is dedicated to a speedy transition to renewable energy.

He stated that the data-backed energy transformation strategy emphasizes the utilization of renewable energy technology to help Nigeria move to a clean energy-led economy. Nigeria’s energy transformation strategy is expected to generate 340,000 employment by 2030 and up to 840,000 jobs by 2060, with transportation, clean cooking, and electricity sectors driving the growth. Emerging technologies such as hydrogen and bioenergy, he claims, will pave the road for low-carbon growth in the country.

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Buhari offered a few specifics from the plan in his message, as well as his confidence in Nigeria’s energy transformation plan, which he claimed will set the country on a path to prosperity.

“The plan’s clean energy targets include upgrading the power system through large-scale renewable energy integration, improving energy efficiency and conservation, and generating 250 gigatonnes of installed energy capacity, with over 90% made up of renewables,” he stated.

Buhari, whose presidency ends in May 2023, stated that implementing the energy transformation plan will give investment possibilities for Nigeria, particularly in the field of natural gas for industrialisation and electricity supply. In his remarks, he mentioned the opportunities that solar energy, e-mobility, and hydrogen production may provide for Nigeria in the future.

According to Buhari’s remarks at the UNGA, Nigeria is ready to transition to natural gas and other sources of renewable energy. However, Nigeria is now dealing with a number of concerns that may complicate the implementation of the energy transition strategy.

Policy execution – In recent months, the Buhari government has made certain energy policies public. However, the general population does not witness or feel the application of these policies. Consider the Nigeria gas flare commercialisation project (NGFCP), which was enacted in 2016. As of 2022, Nigeria is still flaring gas. The National Gas Expansion Programme (NGEP), which was designed to allow Nigerians to move from internal combustion engine (ICE) automobiles to hybrid vehicles. The policy has not been implemented as of 2022.

“500 individuals in an air-conditioned auditorium attending an energy transition conference do not represent the general population,” the source continues, “the majority of whom are still cooking with firewood and running diesel generators without even understanding what a carbon footprint is.”

Can a road be made for future execution of the energy transition plan if Nigeria does not begin to make efforts toward educating the general population on the energy transition?

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