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Climate Parliament tasks international community on investment in renewable energy

The Climate Parliament Nigeria, has called on the international community to harness the potentials of the nation’s energy sector to invest in renewable energy.

Its Chairperson, Rep. Sam Onuigbo, made the call at the opening of a two-day Climate Parliament workshop in Abuja.

“Let me use this medium to call on the international community with private finance to come and invest in Nigeria’s renewable energy sub-sector as a way of helping to solve Nigeria’s energy problem.

“The time to take advantage of the massive investment opportunity is now. There is need to avoid the mistakes that occurred during the privatisation of the telecommunications sub-sector,” Onuigbo said.

He urged the Federal Government to expedite action on the inauguration of the National Council on Climate Change, in line with the Act which came into force on Nov. 17, 2021.

The lawmaker recalled that the Act, aimed at achieving net zero carbon emission, was signed by President Mohammadu Buhari in November 2021.

According to him, it also provides timelines for attainment of specific objectives.

He added that the time was running out on the country to birth the council that would drive the Act towards realising its objectives.

Onuigbo, who midwived the Climate Change Bill, said the non implementation of provisions of the Act was a source of concern for Nigerians.

He said Climate Parliament had been in the forefront of advocacy and conversation around climate change, especially as it had to do with renewable energy.


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