Nigeria’s energy transition plan to create 840,000 jobs by 2060, says Buhari

President Muhammadu Buhari has restated Nigeria’s commitment to a rapid and strategic transition to renewable energy in response to the worldwide efforts for the preservation of the environment, saying that the country’s energy transition plan will create about 340,000 jobs by 2030 and up to 840,000 by 2060.

Speaking, on Wednesday, at a leaders’ closed-door meeting on climate change convened by the secretary general of the United Nations, Mr. Antonio Guterres, at the sidelines of the ongoing United Nations General Assembly in New York, he stressed that his administration had, in august this year, launched a home-grown, data-backed, multi-pronged energy transition plan, which is the country’s framework in achieving net-zero emissions by 2060.

He highlighted some of the details in the plan, saying that through the use of emerging technologies and alternative fuels such as hydrogen, bioenergy, and waste-to-energy, a pathway would be created for accelerated decarburization of energy systems and harnessing of new and diverse technologies toward low carbon development while aligning to our broader developmental aspirations in a fair and just manner.

ALSO READ FROM NIGERIAN TRIBUNE

• In Last Outing, Buhari Bids Farewell To United Nations

• Ogun Faults Installation Of Traditional Rulers In Four Waterside Communities By Ondo Govt

• Atiku To Wike, Makinde, Others: Rethink Your Decision To Quit PDP Campaign Council

• Two Bandits’ Camps In Fierce Battle In Zamfara Forest

• FG Alone Can’t Fund Education Adequately — Minister

• EDITORIAL: The Killer Floods
• Nigeria’s energy transition plan to create 840,000 jobs by 2060, says Buhari
• Nigeria’s energy transition plan to create 840,000 jobs by 2060, says Buhari

Speaking further, the Nigerian leader said, “the plan also sets out a timeline and framework for the attainment of emissions reduction across five key sectors: power, cooking, oil and gas, transport and industry,” adding that, “gas will play a critical role as a transition fuel in Nigeria’s net-zero pathway, particularly in the power and cooking sectors.

“The clean energy goals of the plan include modernising the power sector with large-scale integration of renewable energy, enhancing energy efficiency and conservation; and is expected to generate 250 gigawatts of installed energy capacity with over 90% made up of renewables.”

Expressing his confidence that the plan would put the nation on the path of prosperity, President Buhari said that a careful implementation would create significant investment opportunities as it will engender the establishment and expansion of industries related to solar energy, hydrogen and electric vehicles.

“It will guide Nigeria’s rapid transition to renewable energy and result in significant job creation with up to 340,000 jobs created by 2030 and up to 840,000 jobs created by 2060 driven mainly by power, cooking and transport sectors.”

He commended Egyptian President Abdel Fattah El-Sisi for his tireless efforts in the preparations for the COP27 and assured him of the support of the Nigerian government.

A statement issued by Femi Adesina, special adviser to the president (Media & publicity), said while speaking at a bilateral meeting with the president of Palestine, Mahmoud Abbas, in New York, he said the actualisation of the UN resolution which proposed a two-state solution to the crisis between Israel and Palestine required a platform to think creatively on how to engage the rest of the world on the matter.

In another meeting with Mr Mahamadou Issoufou, former president of Niger Republic and special envoy of the UN and African Union on Joint Strategic Assessment and Governance Situation in the Sahel, President Buhari assured the special envoy of the support of Nigeria in the discharge of his assignment bordering on seeking political and economic solutions to issues confronting countries in the Sahel.

The President expressed optimism that with his wealth of experience and capacity, Mr Issoufou will get the job done.

The former Nigerien leader had informed President Buhari that they required Nigerian support to raise funds for their activities especially as desertification is spreading across a number of African countries and most of the countries are severely challenged. He added that the committee needed to visit the countries involved to know their specific needs and would, at this instance, be in Nigeria in October this year.

He requested President Buhari to convene a side event at the COP 27 meeting in November in Egypt so that it can come up with a rich outcome for the committee to use as a basis for its report.