ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, September 14, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • All
    • Athletics
    • Basketball
    • Boxing
    • Esports
    • Football
    • Olympics
    • Paralympics
    • Tennis

    Arsenal Ruin Postecoglou Nottingham Forest’s Debut With 3-0 Win

    Crouser Wins 3rd Successive World Shot Put Title

    US Wins Another 4x400m Mixed Relay Gold In Tokyo

    2025 WAC: Chukwuebuka Secures Third Consecutive Shot Put Final Spot

  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • All
    • Athletics
    • Basketball
    • Boxing
    • Esports
    • Football
    • Olympics
    • Paralympics
    • Tennis

    Arsenal Ruin Postecoglou Nottingham Forest’s Debut With 3-0 Win

    Crouser Wins 3rd Successive World Shot Put Title

    US Wins Another 4x400m Mixed Relay Gold In Tokyo

    2025 WAC: Chukwuebuka Secures Third Consecutive Shot Put Final Spot

  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Renewables Not Enough To Drive Africa’s Development – Sylva

by Silas Ezeugwu
3 years ago
in Business
Africa’s Development
Share on WhatsAppShare on FacebookShare on XTelegram

The minister of state for petroleum resources, Timipre Sylva, has said that Nigeria and other energy-poor Africans countries require all energy sources to drive development in their countries.

Advertisement

Sylva, who made this comment during the three-day Nigeria-Africa Natural Resources and Energy Investment Summit that ended in Abuja on Friday, with the theme “Towards A Greener Economy”, stated that, for now, renewable sources alone cannot provide enough supply for the energy needs of developing countries.

According to him, oil and gas will continue to be needed, especially in energy-poor countries in sub-Saharan Africa, but that they must use good technology in prospecting for oil.

Sylva also revealed that even when it comes to green energy, Nigeria will not be left behind as advanced countries in Europe are already considering to classify gas as a green energy source, which Nigeria has rich deposits in.

Speaking in similar vein, the secretary general of African  Petroleum Producers Organisation (APPO), Dr Omar Farouk Ibrahim,  said that African countries should not be rushed into abandoning fossil fuels, which they have 30 percent of global deposit.

Related News

The Sound Of Luck: Music’s Impact On Malaysia’s Online Casinos

8 hours ago

Investing In Ginger Farming For Export

19 hours ago

According to him, a forced energy transition for Africa would deepen the energy-poverty plaguing the continent, even as he pointed out that the West ignored research findings in the19th century which alerted to the threat of hydrocarbons to the environment and used them to develop their economies and technology, only to be pushing Africa to abandon that resource now that she needs it for development.

Ibrahim said the energy transition policies cannot be uniformly applied, saying doing so would be unfair and unjust.

On his part, the minister of power, Abubakar Aliyu, told African countries that they cannot depend largely on fossil fuels as they are not sustainable for long-term economic growth and development.

Speaking at the energy summit, the power minister advised African countries to develop renewable energy sources as the world is moving away from climate-unfriendly fossil fuels, which is evident in their recent investments in renewable energy sources.

Aliyu said: “Dependence on fossil fuels and hydrocarbons will soon be unsustainable as we match towards our Net Zero commitments and Nationally Determined Contributions (NDCs).

“For Nigeria, we have committed to Net Zero by the year 2060. In the light of the global challenge of rising temperature and our collective resolve to reduce it to below 1.5 Degrees centigrade, countries must explore ways to develop renewable energy. It is interesting to observe that most Africans do not have access to electricity.”

He, however, said Africa had enormous renewable energy potential which can contribute substantial power generation to support the continent’s economic growth.

The minister further highlighted some of the collaborations between the federal government and other African countries in the power sector.

He said, “For example, the West African Power Pool (WAPP) programme affords us the opportunity to work with other African countries to build a 330kV Double Circuit Line from Birnin- Kebbi all the way to Burkina Faso, passing through Niger, Togo/Benin.

“Also, we are building the AKK Gas Pipeline project passing through Ajaokuta, Kaduna and through North Africa to Europe.

“Furthermore, we have built another gas pipeline from Escravos to supply gas to Ghana with connection points at Benin Republic and Togo. To survive as a continent, we must collaborate.

“Countries like Nigeria have made commitments to achieve their Nationally Determined Contributions (NDCs) in line with the Paris Agreement on Climate Change and the COP26 Agreement in Glasgow.

“To achieve this, we have to scale up our solar, wind, hydropower and even the new hydrogen opportunities, including other new clean technologies.”

The three-day Nigeria-Africa Natural Resources and Energy Investment Summit, which was hosted by the Ministry of Mines and Steel Development, is projected to become a yearly affair,.

Permanent Secretary in the Ministry, Dr Oluwatoyin Akinlade, said the summit had opened a new outlook for energy sources’ development with a focus on the development of clean natural resources to meet the power needs of African economies.

He said, “Nigeria and indeed Africa needs to be up to speed in the drive for clean energy security, both in production and consumption.

“It has been stated that the conventional resources base is sufficient to meet the projected growth in demand with technology advances and breakthroughs being critical in supporting this process.

“On environmental concerns, we have listened to speakers stressing how environmental concerns will continue to have a huge bearing on energy resources’ future direction with pressure mounting in favour of adherence to cleaner resources. We need to develop and implement a robust response strategy in this direction.”

Join Our WhatsApp Channel

Tags: Timipre Sylva
SendShare10177Tweet6361Share

Other News Updates

Business

The Sound Of Luck: Music’s Impact On Malaysia’s Online Casinos

2025/09/13
Business

Investing In Ginger Farming For Export

2025/09/13
Business

Helen: Excelling In Event Planning Industry Through Passion

2025/09/13
Business

Leveraging Benefits Of AI For Nigerian Businesses

2025/09/13
Business

Sustaining Profit As Small Business Owner

2025/09/13
Business

BUA Foods Commits To Sugar Self-sufficiency With Backward Integration Project

2025/09/13
Leadership Conference advertisement

LATEST

Alcohol/Drug: Why We Cleared Air Peace Co-Pilot Of Wrongdoing — NCAA

Blocking Natasha From Voting In 2023 Was Political Error By Ex-Governor Bello — Onoja

‘No Regrets Serving With Yahaya Bello’, Says Ex-Kogi Deputy Governor Onoja

‘Take Fidelity Oath Or Face DNA Test Challenge’, Soludo’s Wife Dares Senator Ekwunife

Yahaya Bello Told Me I Had Capacity Bigger Than Being Kogi Governor — Onoja

For 4 Years Ex-Governor Bello Told Me I Will Succeed Him Until A Day To Primaries — Edward Onoja

Sanwo-Olu Urges Youths To Embrace Integrity, Shun Procrastination

Mobile Court Convicts 46 Offenders Over Traffic Violations

DAPPMAN Slams Dangote Refinery For Slashing Petrol Prices

Flood Sacks 500 Households In Kaduna

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.