University of Ibadan Alumni Association (UIAA) has called on the administration of President Bola Ahmed Tinubu to show commitment to energy transition to ensure the continuous prosperity of the sector and Nigeria.
A former group general manager of the Nigerian National Petroleum Company (NNPC), Dr Mazadu Bako, in a lecture titled: “Frontier Basin Hydrocarbon Exploration: The Nigerian Experience” organised by the UIAA, said energy transition means a better functioning of the sector, assuring Nigerians of a more promising future for oil exploration activities with the use of efficient international best practices.
Speaking on the environmental hazards of exploration activities, he said that there has been tremendous improvement on the environment because there are rules and boundaries now for undertaking any project in the oil industry.
On the impacts of dependence on other sources of energy like solar, on the prosperity of the hydrocarbon sector, he noted that there would not be any impact on hydrocarbon exploration.
The chairperson of the event, Prof Charity Ashimem Angya, a former vice chancellor of Benue State University, Makurdi, expressed joy at the consistent efforts of the UIAA in bringing to the public important topics of national concern.
Earlier in his welcome remarks, the president of UIAA Worldwide, Prof Saawua Gabriel Nyityo asserted that the major concern of the world in the 21st century is renewable fuels.
“There is new thinking in some quarters that renewable fuels such as the sun, water, and so on are cleaner and therefore environmentally friendly. Gas and petrol is not renewable and tends to destroy the ecosystem,” he said.