Vice President Yemi Osinbajo (SAN), says that providing clean, sustainable and reliable energy access is tied to almost all Nigeria’s development goals.
Speaking at the Global Launch of the Nigeria Integrated Planning Tool
which he attended virtually on Thursday, the Vice President also said
that the government has proven that transforming the energy system is a
national priority through its Economic Sustainability Plan, and most
recently with President Muhammadu Buhari’s announcement at COP26
in Glasgow for Nigeria’s commitment to net-zero emissions by 2060.
The Nigeria Integrated Energy Planning Tool was developed by the
Federal Government in collaboration with Sustainable Energy for All
(SEforALL), a United Nations initiative, with support from The
Prof Osinbajo noted the importance of achieving net-zero emissions in
line with global energy transition while equally pointing out that
“Nigeria also faces other challenges, including lifting 100 million people
out of poverty within a decade and driving economic growth, bringing
modern energy services to the full population, and managing long-term
job losses in the oil sector that will result from global decarbonization.”
Speaking on Nigeria’s plan and actions on addressing the various
dimensions, as well as the pathways and timelines required to balance
emissions reductions with economic development.