The Nigeria Extractive Industries Transparency Initiative (NEITI), is set to unveil a roadmap to meet Federal Government target of net zero emission by 2060.
NEITI’s Head of Communications and Advocacy, Mrs. Obiageli Onuorah made this known in a statement in Abuja on Tuesday.
According to the statement the agency’s Executive Secretary, Dr Orji Ogbonnaya Orji made this disclosure at a workshop held by NEITI in collaboration with Natural Resource Governance Institute (NRGI) based in the United States.
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The statement quoted Dr Orji, “The transition from carbon-based energy to renewable energy has far-reaching implications for the global economy, particularly Nigeria. The implications for Nigeria, a highly natural resource revenues dependent country, are very huge, especially with regard to energy security, citizen’s livelihood, job opportunities and economic development.
“For us at NEITI, we have legitimate interest and duty to help our country develop comprehensive content to guide its rule of engagements required to maximize the opportunities in energy transition while minimizing its associated risks”.
The Chairman of the NEITI Board, Mr. Olusegun Adekunle, in his remarks, reaffirmed the commitment of the Board to provide NEITI with the required policy direction that aids the development of the road map. He describes energy transition as the future of the industry. Mr. Adekunle also charged workshop’s participants to take advantage of the workshop to build their skills and improve their knowledge on energy transition.
Ms. Nafi Chinery, the West African Regional Manager of NRGI, underlined the need to include diversification of Nigeria’s economy as one of the priorities in the country’s energy transition response.
