Energy transition creating huge opportunities in Nigeria’
ENERGY transition has created huge opportunities in Nigeria as it supports economic and social development, job creation, improved health and education, the Chief Executive Officer, Seplat Energ y Plc, Mr. Roger Brown disclosed.
Brown said this during a panel session at the University of Dundee Alumni, Nigeria Chapter seminar held at the weekend in Lagos.
The panel session, which dwelt on the topic ‘ Optimising energy security in a global transition era’ provided a platform for the panellists to x- ray the current global trajectory of energy transition, and how energ y security could be guaranteed in the face of transition, relating the subject to Nigeria’s domestic market situation.
The Seplat CEO explained that energy transition conundrum is all about how stakeholders balance three realities of climate change and the need to decarbonise the world, the need for energ y security and urgent need for economic development in Africa, tackling poverty and lack of access to energy.
He said: “Seplat Energ y remains committed to improving Nigeria’s access to affordable and reliable energy that drives social and economic development, in line with the UN’S Sustainable Development Goals. We can make Nigeria a more attractive destination for global energy investment that will allow us to fund our energ y transition towards lower- carbon sources of energy, such as gas to provide baseload, and renewables.
“By developing our gas industry we can transition Nigeria’s population a way from expensive and polluting diesel generators, and from using biomass for cooking
“I believe we can achieve all of these development wins for Africa at little incremental cost to the environment.”
According to Brown, we must use Nigeria’s gas resources for the direct benefit of Nigerians, and use it to increase production of gridscale energy that will power people’s homes without choking them on diesel fumes, and allow them to cook without having to collect firewood and have the risk of open fires in the home.”