Connect with us

Headline

Nigeria Needs N2trn To Achieve Net Zero Emissions By 2060 – Energy experts

Published

on

Energy experts at the weekend said Nigeria needs no less than N1.9 trillion to successfully implement an Net Zero Emissions plan under the Nigerian Energy Transition Plan (ETP).

They stated this at the 85th Power Dialogue organised by The Electricity Hub, TEH, in Abuja, with the themes – ‘Analyzing the Nigerian Energy Transition Plan’ – and ‘Nigeria’s Energy Transition Plan: Reforms and Implementation.’

They contended that the ETP would remain just a plan if a feasible pathway is not evolved, especially as the challenge of financing gas initiatives has emerged due to the plan.

Advertisement

The panellists at the session noted that by 2040, there will be a significant shift in the gas utilization portfolio, which implies that Nigeria will focus on the domestic sector as the global market diminishes.

However, the role of gas is envisioned as the transition fuel because of its abundant availability whereas Nigeria presently exports around 14% of LNG gas to the European Union, the dialogue noted.

READ ALSO: Driver Knocks Down, Kills Sexagenarian In Ogun

Advertisement

A statement issued by TEH after the session said, “one prominent hindrance to our gas development lies in natural gas pricing within the domestic economy.

“Particularly, the gas allocated to the power sector is traded at deregulated rates within the industry. This occurs unless an interested buyer or seller is identified. Regrettably, the advantages of this often remain underutilized.”

The panelists include special energy experts from the energy sector, including Zira John Quaghe, serving as Nigeria’s Focal Person at The African Climate Foundation; Jennifer Ifeanyi-Okoro, the Vice President of Public Policy at Sun King; Charles Majomi, a Partner specializing in Gas and Energy Transition at The Nextier Group; and Chibuikem Agbaegbu, the Program Manager at Nigeria Off-Grid Market Accelerator, who was the Moderator.

Advertisement

Jennifer Ifeanyi Okoro, who discussed the strategies and targets involved in the energy transition pathway, stated that one important strategy used to connect to many people is the affordability of the products because the company targets mostly the poor.

She buttressed her point with some achievements recorded by Sun King (an off-grid solar company).

READ ALSO:NiMet Predicts 3-day Cloudiness, Sunshine From Saturday

Advertisement

According to Okoro, “about N1.9 trillion is needed for Nigeria to get to Net Zero in 2060, which is a lot of money”.

She pointed out the most difficult challenge in the Energy Transition Plan is sheer poverty, arguing that unless  “we proffer solutions to Nigeria’s basic needs, such as housing, access to clean water and energy, food, education and more, the Net Zero will continue to elude us for a sustainable future”.

Zira John Quaghe highlighted the climate goals and how the energy transition fits in. He highlighted major factors for the energy transition plan and stated points that referred to accountability mechanisms.

Advertisement

He explained that there are five countries gearing towards achieving the Net Zero plan, and Nigeria isn’t part of those countries.

Zira explained the climate finance market strategies from the philanthropy point of view, pointing out how philanthropy can help to align budgetary and physical planning. He also stated how Nigeria could improve its quality of climate change discourse.

READ ALSO: Ondo Monarch Leads Mass Protest Against Forceful Ejection Of Farmers

Advertisement

Charles Majomi stated that one of the gas stories is that Nigerians refuse to accept the fact that adding value to gas enhances socio-economic welfare.

He noted that how Nigeria had lost the opportunity to leverage gas as its primary resource, stressing that the key element of the Energy Transition plan is the transition away from dirty fuels. Therefore, he emphasized that gas will continue to be used productively as an export resource.

Nonetheless, the experts concluded that energy transitioning is an intensive task, that has to be gradual and intentional to ensure continual improvement and sustainability.

Advertisement

Even at that, Nigeria which has abundant resources to transition to Net-Zero, needs the right policies, plans and strategies incorporation with regulations, otherwise, it will keep revolving in the circle of carbon emissions.
VANGUARD

Advertisement
Comments

Headline

British Family Accused Of Boarding Dead Grandmother On EasyJet Flight

Published

on

A British family has been accused of trying to board a dead relative onto an EasyJet flight from Málaga, Spain, to London Gatwick on Thursday, passengers said.

The woman, reportedly 89 years old, was wheeled onto the plane by five family members, who told airline staff she was unwell and had fallen asleep.

Witnesses said the woman was pushed in a wheelchair to the rear of the plane and lifted into her seat. Some claimed they overheard a family member tell a boarding clerk, “It’s OK, she’s just tired,” adding, “It’s OK, we’re doctors.”

Advertisement

READ ALSO:Gunmen Invade Church, Kill Priest’s Wife In Anambra

Just before takeoff, the cabin crew realized the woman had died, and the plane was turned around, delaying the flight by 12 hours.

Petra Boddington, a passenger, said: “easyJet, when did you start letting dead people onto planes? Seriously!” Another, Tracy-Ann Kitching, added: “I saw her being wheeled onto the plane; someone was holding her head as they passed me! A doctor on board confirmed that was already dead when they sat her down.”

Advertisement

EasyJet has denied that a deceased person boarded the plane. The airline said the passenger had a fit-to-fly certificate and was alive when she boarded.

READ ALSO:UK Charges Nigerian-British Art Dealer Ochuko Ojiri With Terrorism-related Offence

The flight returned to the stand prior to take-off due to a customer on board requiring urgent medical assistance. The flight was met by emergency services, but sadly the customer passed away,” a spokesperson said.

Advertisement

The Guardia Civil in Málaga confirmed officers attended the aircraft, and the woman was declared dead on board. No arrests have been made.

Continue Reading

Headline

Russian Strike On Odesa Region Kills Eight, Injures 27

Published

on

Ukraine’s State Emergency Service has reported at least eight people killed and 27 others injured on Friday night after a Russian ballistic missile strike hit the southern Ukrainian city of Odesa.

According to Ukrainian authorities, the attack targeted port infrastructure facilities in the town of Pivdenne, near Odesa, and damaged nearby civilian vehicles.

The strike came one week after much of Odesa was left without power, heat, and water following a “severe” aerial assault.

Advertisement

Some of the injured were on a bus that was at the epicenter of the shelling. Trucks caught fire in the parking lot, and cars were also damaged,” the State Emergency Service said.

READ ALSO:Russia Insists Ukraine Must Cede Land Or Face Continued Military Push

Emergency officials said the deaths occurred at a port infrastructure facility. Medical teams and first responders were deployed after the strike, but their work was disrupted by “ongoing air raid alerts,” according to Oleh Kiper, head of Odesa’s regional administration.

Advertisement

Russia has carried out repeated attacks on Odesa in recent days, damaging port facilities, civilian vessels, and key infrastructure.

Two major bridges linking the northern and southern parts of the Odesa region have also been hit, with repairs under way, Kiper said.

Elsewhere, Ukraine’s State Emergency Service reported a “massive” drone attack on the southern Mykolayiv region, which damaged civilian infrastructure and vehicles. No casualties were reported.

Advertisement

READ ALSO:19 Die From Alcohol Poisoning In Russia

Odesa, Ukraine’s largest seaport and a major hub in the Black Sea region, has been a frequent target since the start of the war.

Last week, civilian, energy, and industrial sites in the city suffered extensive damage after what regional officials described as “one of the enemy’s most severe airstrikes,” leaving many areas without power and water.

Advertisement

Russia’s Defence Ministry has not commented on the attack.

Speaking hours before the strike during his annual Direct Line call-in show, Russian President Vladimir Putin said Russia was yet to “see Ukraine’s readiness for peace”.

[Russia] is ready for negotiations and for ending the conflict via peaceful means,” Putin said, adding that it was up to Russia’s “Western opponents” to end the war.

Advertisement

(CNN)

Continue Reading

Headline

Aircraft Crashes In Owerri With Four Persons Onboard

Published

on

Photo: File copy

A Cessna 172 aircraft with registration number 5N-ASR, operated by Skypower Express, has crashed at the Sam Mbakwe International Cargo Airport, Owerri, Imo State.

The aircraft had departed Kaduna International Airport en route to Port Harcourt International Airport before diverting to Owerri after the crew declared an emergency.

The crash occurred at about 8:00 pm on the airport premises, with four passengers and crew members onboard.

Advertisement

Confirming the incident, the Director, Public Affairs and Family Assistance of the Nigerian Safety Investigation Bureau (NSIB), Mrs. Bimbo Oladeji, said the agency had been notified of the crash.

READ ALSO:Social Media Feud Spills Into Aircraft As VDM, Mr Jollof Exchange Blows

According to the NSIB, the aircraft crashed on the approach area of Runway 17, but no fatalities have been recorded so far.

Advertisement

The statement said: “Following the occurrence, airport emergency services were successfully activated and arrived on site promptly. Reports indicate that there was no post-crash fire, and the runway remains active for flight operations, with other aircraft taking off safely after the incident.

“Efforts are currently underway to coordinate the recovery and evacuation of the distressed aircraft from the crash site to allow for a detailed wreckage examination.”

The NSIB said it has officially activated its investigation protocols in line with its statutory mandate

Advertisement

READ ALSO:Ogun To Prosecute DJ Over Multiple Road Crashes

The Director-General of NSIB, Capt. Alex Badeh Jr., sympathised with the management of Skypower Express over the incident and expressed relief that no lives were lost.

Badeh Jr. added that the Bureau’s investigation team is already coordinating with relevant authorities to secure the crash site and commence a detailed investigation into the cause of the accident.

Advertisement

Two days ago, 11 persons narrowly escaped death as a private jet crash-landed at Mallam Aminu Kano International Airport, Kano, on Sunday morning.

The occupants, including passengers and cabin crew, were safely evacuated amid an intense atmosphere, eyewitnesses told The Guardian.

READ ALSO:Tanker Crash Kills Three, Fire Razes Shops In Kano

Advertisement

The private jet, owned by Flybird Aviation, crash-landed at about 9:30 a.m. while approaching Kano Airport en route to Abuja.

The incident attracted urgent attention, with emergency staff and other stakeholders converging at the runway to render rescue operations.

The management of the Federal Airports Authority of Nigeria (FAAN) is yet to release an official statement on the incident. Unofficial sources disclosed that the passengers have been taken to an unknown destination.

Advertisement

Several aircraft incidents have occurred at Kano Airport, with several lives lost.

The last incident occurred in May 2002, when an EAS Airline aircraft departed the runway at Aminu Kano International Airport at 1:29 p.m. local time en route to Lagos.

 

Advertisement
Continue Reading

Trending