ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Home Business

FG reiterates commitment to 2030 renewable energy target

26th July 2022
in Business
0
FG reiterates commitment to 2030 renewable energy target
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Minister of State for Power, Mr Goddy Jedy-Agba, has reiterated the Federal Government’s commitment to  the 2023 sustainable energy target.

Jedy-Agba gave the assurance at the 7th Nigeria Energy Forum (NEF) 2022 on Monday in Lagos.

The Minister had earlier said  the country had a sustainable electricity vision of achieving 30 GigaWatts (GW) by 2030 with 30 per cent in the renewable energy space.

Speaking on the theme “Energising Economic Growth and Sustainability.” the minister, represented by his Special Technical Assistant, Mr Gabriel Lorsase, said the ministry had ongoing renewal energy programmes and initiatives in place to achieve the target.

“We are in collaboration with German Agency for International Cooperation (GIZ) under the Nigerian Energy Support Programme (NESP) funded by the European Union conceived and developed the Nigeria renewable vision platform.

“This is to serve as a hub for data-driven electrification planning and implementation.

“The objective of the project aims at enabling and fostering investments in renewable energy, energy efficiency and data-driven electrification planning and implementation while sustainably increasing energy access.

“The Federal Government and Siemens have also signed an implementation agreement electrification roadmap.

“The goal of the roadmap is to resolve existing challenges in the power sector and expand the capacity for the future power needs of the country.  “The Presidential Power Initiative (PPI) in Phase 1 seeks to modernise, rehabilitate and expand the national grid by investing in the electricity value chain, including generation, transmission and distribution systems of the power sector.

“Nigeria is ready because there is a clear policy on renewable energy and energy efficiency.

“Our Renewable Energy Action Plan has put that in place, so, we can say that Nigeria is ready for renewable energy and some projects have ready been embarked upon, which are providing clean energy to Nigerians,” he said.

The Canadian High Commissioner, Mr James Christoff, said the country was open to more bilateral cooperation in the power sector with Nigeria.

The High Commissioner said Canada would assist Nigeria in achieving power sector transformation.

Christoff, represented by the Deputy High Commissioner, Mr Teshome Nkrumah, said it was necessary for Nigeria to first create an enabling environment where economic incentives would align with goals.

According to him, our goals need to reflect broader commitments such as on climate change, unemployment and economic development.

“It will take this kind of sustained, collaborative and broad-based effort from us to build a cleaner, greener future that improves lives and livelihoods.

“Along those lines, I commend the Nigerian government on the implementation of the Sustainable Energy for All (SE4ALL) Action Agenda in support of SDG 7, which seeks to see renewable energy contribute 30 per cent to the available energy mix by 2030.

“The prospect of clean energy leapfrogging conventional sources are certainly within reach for Nigeria, particularly in light of rising diesel costs, and partly due to the increased market penetration of renewable energy solutions.

“This includes solar home systems, isolated and interconnected mini-grids, captive solar solutions for commercial and industrial customers, and more. “With an estimated 85 million Nigerians without access to grid electricity, representing 43 per cent of the country’s population, the opportunities for off-grid renewable energy are immense,” he said. Also speaking, Dr Tinuade Sanda, the Managing Director and Chief Executive Officer, Eko Electricity Distribution Company (EKEDC), said the company had committed huge investment on construction, reconstruction and network augmentation.

Sanda, represented by Mr Aik Alenkhe, the Chief Human Resources Officer, EKEDC, said the company was exploring off-grid power supply options such as embedded generation and wind generation projects estimated at about 1,200 megawatts to improve supply to its customers.

She said the mission of the company was to improve the quality of life for all customers and stakeholders by utilising cutting-edge technology and innovative processes to ensure safety supply of electricity.

Rapheal

Rapheal

Related Posts

FG to prosecute looters of Shoprite, MTN, others
Business

FG shuts down Scorpion Oil Services for non-compliance with labour laws

26th July 2022
Excise duty on carbonated drinks’ll cause 40% drop in revenue –MAN
Business

Manufacturers in dilemma over forex scarcity 

26th July 2022
Rivers, Ebonyi, Anambra, Lagos, Kebbi top states’ 2021 fiscal performance ranking
Business

BudgIT asks FG to discontinue ‘indiscriminate’ borrowing

26th July 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

Super Falcons: War and the Lame

Plumes for the bandit

Shades of Tinubu’s rogue bishops

FG shuts down Scorpion Oil Services for non-compliance with labour laws

Manufacturers in dilemma over forex scarcity 

BudgIT asks FG to discontinue ‘indiscriminate’ borrowing

Trending

FG reiterates commitment to 2030 renewable energy target
Business

FG reiterates commitment to 2030 renewable energy target

26th July 2022
0

The Minister of State for Power, Mr Goddy Jedy-Agba, has reiterated the Federal Government’s commitment to  the...

HYPPADEC earmarks N900m for Yauri water works rehabilitation

26th July 2022
COVI D-19: Ngige seeks international aid for Africa to support teleworking, human capital development

Ngige and the fireworks of asuu strike

26th July 2022
End of an error

Super Falcons: War and the Lame

26th July 2022
Turbulence foretold

Plumes for the bandit

26th July 2022
ADVERTISEMENT

Follow us on social media:

Latest News

  • FG reiterates commitment to 2030 renewable energy target
  • HYPPADEC earmarks N900m for Yauri water works rehabilitation
  • Ngige and the fireworks of asuu strike
  • Super Falcons: War and the Lame
  • Plumes for the bandit
  • Shades of Tinubu’s rogue bishops
  • FG shuts down Scorpion Oil Services for non-compliance with labour laws
  • Manufacturers in dilemma over forex scarcity 
  • BudgIT asks FG to discontinue ‘indiscriminate’ borrowing
  • Shippers, truckers lose N10.6bn to extortion on port access roads
  • CNN’s Inside Africa meets Nigeria’s fitness enthusiasts turned entrepreneurs
  • Ecobank stalls payment of $4.5m guarantee after Supreme Court verdict
  • Soldiers nab 5 suspected gunrunners, kidnappers in Plateau
  • Hoodlums attack Ondo police post, kill officer
  • Benue CAN chairman condemns killing of Taraba pastor
  • How mob killed 7 robbers in Abia
  • Awoyinfa @ 70: Family, friends, associates celebrate media guru in style
  • Agenda for the new NNPC
  • Police Inspector, suspected kidnapper die in Osun gun duel
  • Alleged tramadol importation: Court grants Ukatu bail, fixes Oct 6 for hearing

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • Change of Name
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.