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Tinubu Urges Just Energy Transition

by Leadership News
3 months ago
in News
President Bola Tinubu

President Bola Tinubu

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As the push for cleaner energy grows stronger, President Bola Tinubu has urged a fair energy transition that will not jeopardise developing economies.

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Discussing the theme of the 17thSummit of the Economic Cooperation Organisation, “New ECO Vision for a Sustainable and Climate-Resilient Future,” which commenced in Khankhendi, Azerbaijan on Thursday, Tinubu stated that given the adverse effects of climate change—including devastating droughts, floods, desertification, and extreme heat waves—a climate-resilient future is essential.

“Nigeria, endowed with both fossil and renewable energy, also supports a just energy transition,” he said in a speech read on his behalf yesterday by the minister of budget and economic planning, Senator Abubakar Bagudu.

He sought the ECO members’ partnership to expand access to cleaner energy technologies, share technical expertise, and invest in regional power pools to bring electricity to communities currently without it.

The president stated that since COP29, the world had recognised that climate change was not a distant threat but a clear and present danger, as reflected in adverse droughts, floods, desertification, and severe heatwaves.

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These, he stated, had deeply affected humanity, engendered food insecurity, displacement, and economic disruption, pledging that Nigeria, as Africa’s most populous nation and an economic gateway to West Africa, stood ready to work closely with ECO member states to integrate climate adaptation, mitigation, and green industrialisation into every aspect of its cooperation.

Tinubu stated that Nigeria had taken deliberate and conscious steps to address the challenges of climate change and related concerns, noting that as the nation wound down the implementation of its National Development Plan (NDP) for 2021-2025, efforts were ongoing to develop a successor plan, the NDP for 2026-2030.

 

 

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