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

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.
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.
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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.
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).
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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.
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.
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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.
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
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White House Slams Trump’s Nobel Prize Snub
The White House lashed out at the Norwegian Nobel Committee on Friday after it awarded the peace prize to Venezuelan opposition leader Maria Corina Machado and overlooked US President Donald Trump.
“The Nobel Committee proved they place politics over peace,” White House Director of Communications Steven Cheung said on X.
“President Trump will continue making peace deals, ending wars, and saving lives. He has the heart of a humanitarian, and there will never be anyone like him who can move mountains with the sheer force of his will.”
READ ALSO:White House Threatens Mass Firings Amid Stalled Shutdown Talks
Since returning to the White House for his second term in January, Trump had repeatedly insisted that he deserved the Nobel for his role in resolving numerous conflicts — a claim observers say is broadly exaggerated.
Trump restated his claim on the eve of the peace prize announcement, saying that his brokering of the first phase of a ceasefire in Gaza this week was the eighth war he had ended.
But he added on Thursday: “Whatever they do is fine. I know this: I didn’t do it for that, I did it because I’ve saved a lot of lives.”
Nobel Prize experts in Oslo had insisted in the run-up to Friday’s announcement that Trump had no chance, noting that his “America First” policies run counter to the ideals of the Peace Prize as laid out in Alfred Nobel’s 1895 will creating the award.
AFP
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Transgender Woman Jailed For Deceiving Man About Gender In UK
A British court has sentenced a transgender woman, Ciara Watkin, to 21 months in prison for deceiving a man into sexual activity by falsely claiming to be a biological female.
According to a BBC report on Friday, the victim told Durham Crown Court he would not have consented to the sexual encounter had he known Watkin was biologically male.
The court heard that Watkin, 21, from Thornaby in Stockton-on-Tees, was found guilty of sexual assault after jurors rejected her claim that the man “would have realised” her gender identity.
Recorder Peter Makepeace KC said he was “certain” the victim “fully believed from start to finish” that Watkin was a woman due to her “lies and deception.”
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Watkin, who was born male and had used the name Ciara since childhood, had not undergone any medical transition or surgery, the BBC reported.
Both Watkin and the victim were 18 when they met on Snapchat, where she used a female cartoon character as her profile picture. They later met in person, leading to sexual contact. Prosecutor Paul Reid told the court that Watkin even claimed to be menstruating to stop the man from touching her below the waist.
When Watkin later confessed to being biologically male, the man said he was “physically sick” and immediately reported the matter to the police.
“He said he was shocked and upset about being deceived, adding that he felt ashamed, embarrassed, and had been ridiculed online due to Watkin’s actions and deception,” the report stated.
READ ALSO:Transgender Inmates Panic As Trump Orders Transfer To Men’s Prisons
The victim, who described himself as heterosexual, told the court he felt “part of his masculinity was taken away.”
Defence counsel Victoria Lamballe argued that Watkin’s actions were not “predatory or sadistic” but stemmed from “shame and a deep sense of discomfort” with her own body.
She said Watkin, who has been diagnosed with gender dysphoria, identified as female from primary school and had endured years of bullying.
“It is hardly surprising that Watkin built up a façade and presented almost as a caricature of herself to mask the inner turmoil she feels at having been born into the wrong body,” Lamballe said, adding that Watkin “simply wanted to be loved.”
READ ALSO:Transgender Inmates Panic As Trump Orders Transfer To Men’s Prisons
However, Recorder Makepeace ruled that the victim was “totally deceived,” saying Watkin had lied to “get away” with her deception and was aware the man would not have consented if he knew her biological sex.
The judge also criticised Watkin’s attitude during the trial, describing her as “flippant, disinterested, and bored,” showing “not a shred of remorse.”
He said, “At the heart of this case was your frustration at wanting sexual experiences with heterosexual males, which, by definition, you needed to deceive to achieve.”
Watkin will serve her sentence in a male prison, where authorities said protective measures would be taken to ensure her safety. She will also remain on the sex offenders register for 10 years and has been issued a lifetime restraining order preventing contact with the victim.
Detective Constable Martin Scotson of Cleveland Police said Watkin “purposely concealed her sex in order for the sexual activity to take place,” adding that he hoped the conviction would allow the victim to “move forward with his life.”
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Burkina Rejects US Deportees, Calls Trump’s Proposal Indecent
Captain-Ibrahim-Traore
Burkina Faso, ruled by a junta hostile to the West, has refused to take in people kicked out of the United States, in a snub to one of President Donald Trump’s signature migration policies.
Since Trump’s return to the White House, his administration has made deporting people to third countries — often to nations they have no connection to — part of a sweeping immigration crackdown.
In Africa, Eswatini, Ghana, Rwanda and South Sudan have all accepted people expelled from the United States in recent months. But late on Thursday, Burkina Faso’s foreign affairs minister said the west African country had refused Washington’s overtures.
READ ALSO:Junta-led Mali, Burkina Faso, Niger To Launch Common Passport
“Naturally, this proposal, which we considered indecent at the time, runs completely contrary to the principle of dignity,” Karamoko Jean-Marie Traore said on national television.
Hours earlier, the US embassy in the capital Ouagadougou announced the suspension of regular services for most visas for people living in Burkina Faso.
Instead, Burkinabe citizens will now have their services handled in Lome, the capital of neighbouring Togo.
“Is this a way to put pressure on us? Is this blackmail? Whatever it is… Burkina Faso is a place of dignity, a destination, not a place of expulsion,” Karamoko Jean-Marie Traore said.
READ ALSO:US Deportations ‘Profoundly Disturbing” — UN Official
Burkina Faso’s leader, Captain Ibrahim Traore, styles himself as an anti-imperialist Pan-African strongman.
Since seizing power in a coup in September 2022, he has shunned former colonial master France and the wider West, forging closer ties with Russia instead.
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