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Nigeria to provide electricity to 5m households by 2030 – President Buhari

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Nigeria to provide electricity to 5m households by 2030 – President Buhari

By Ismaila Chafe

President Muhammadu Buhari said Nigeria is working on an ambitious energy plan to reduce energy shortages by 2030.

Mr. Femi Adesina, spokesperson for the president in a statement late Friday evening, said Buhari had spoken in line with Nigeria’s role as the global thematic champion of energy transition, the theme of the High-Level Dialogue on Energy Transition. energy on the sidelines of the 76th United Nations General Conference. Assembly in New York.

The President said: “Nigeria’s commitment to a just transition is reflected in our ambitious Energy Pact, which includes the government’s flagship project to electrify five million homes and 20 million people using electricity. decentralized solar energy solutions.

“This is an important first step towards reducing our energy access deficit by 2030.

“Nigeria’s commitment is also reflected in the development of our energy transition plan, which was developed with the support of the UK Energy Transition Council COP26. “

The Nigerian leader called for support from developed countries to unlock the means necessary to accelerate a just energy transition for all.

“The focus of our transition discussions must now shift to how we help countries develop detailed energy transition plans and commitments to mobilize sufficient resources to empower countries to implement those plans.” , did he declare.

According to him, the scale of financing required for Nigeria to reach net zero amounts to more than US $ 400 billion in the Nigerian economy, on top of the usual spending over the next 30 years.

“This breaks down into $ 155 billion in net spending on production capacity, $ 135 billion on transmission and distribution infrastructure, $ 75 billion on buildings, $ 21 billion on industry and $ 12 billion on transportation. “

The president, however, said gas would continue to have an important role to play before it is phased out, explaining that cooking with solid fuels continues to wreak havoc in Africa:

“As a world leader in energy transition, it is imperative that I point out a major risk for development that arises from the current discourse around energy transition, in particular on the role of gas and the lack of ficing.

“Nigeria’s Energy Transition Plan has set our roadmap to achieving net-zero and highlights the scale of efforts required, which include the development and integration of renewable energies into the current grid infrastructure at large-scale and electrification of all sectors.

“It is a challenge for any country, especially a developing country. On our development goals, gas will have a key role to play here for a few years before being phased out, ”he said.

President Buhari noted that these plans must also take into account providing access to electricity and clean cooking solutions for people in Nigeria and around the world who currently do not have access.

According to him, an often overlooked point is the essential role of gas in meeting the challenges of clean cooking.

“Worldwide, 2.6 billion people do not have access to clean kitchens, which is unacceptable.

“What is even more concerning is that cooking with solid fuels in Africa causes nearly 490,000 premature deaths each year, making it the second greatest health risk in Africa,” he said. he added. (www.)

Source: NAN

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