close
Saturday, March 2, 2024

Nigeria needs $4 billion for full green energy transmission by 2050: ECN

He said that the commission had been in consultation with some firms to invest in Nigeria’s renewable energy sector.

• March 1, 2024
Energy Commission of Nigeria
Energy Commission of Nigeria

Mustapha Abdullahi, the director-general of the Energy Commission of Nigeria (ECN), says Nigeria will need $4 billion to go fully green by 2050.

Mr Abdullahi stated this at a press briefing on clean, renewable energy and energy efficiency use in Nigeria in Abuja on Friday.

He said that the commission had been in consultation with some firms to invest in Nigeria’s renewable energy sector.

”No country relies totally on its own resources to build renewable energy plants, they make the environment conducive for investors to move in.

”As a commission, we are making policies that will attract investments in renewable energy generation,” he said.

Mr Abdullahi said that the commission had been allocated 500 hectares of land by the Federal Capital Development Authority.

”We call it the Abuja Technology Village, We intend to make it a Tech city where investors will come and build several solar plants and renewable energy plants,” he said.

The director-general said that promoting energy efficiency practices and adopting sustainable energy sources were critical to the campaign against climate change.

He said that the commission would intensify public awareness campaigns about the benefits of clean and renewable energy sources.

”Our job is to promote energy efficiency measures to reduce energy consumption, lower costs and minimise environmental impacts.

”We also encourage investments in renewable energy projects and technologies to diversify the energy mix and drive sustainable development,” Mr Abdullahi said.

He said it was also part of the commission’s duty to engage with community and local government authorities to adopt practical solutions for clean energy and energy conservation.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

George Akume

NationWide

NIES 2024: FG optimistic of positive changes, innovation in energy sector

The summit provided a platform for stakeholders to engage in meaningful discussions.

NationWide

LCCI urges clear action plan for implementation of Oronsaye report

Ms Almona added that effective implementation required the cooperation of all stakeholders.

Hon Olubunmi Tunji-Ojo (Chairman, House Committee for Niger Delta Development Commission)

NationWide

Minister inaugurates 50 NSCDC marshals to protect mining sites

He charged the new mining marshals to be ambassadors of the ministry.

NationWide

Nigerian advertising industry shortchanged by global players: ARCON

“Localisation within globalisation is very important,” he said.

Politics

Kogi governorship tribunal adjourns to March 4

A total of 281 BVAS machines were identified as those that were used in Okene Local Government Area.