Nigeria’s Energy Transition Shows Distinct Gaps, Lacks Readiness Framework
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Nigeria’s Energy Transition Shows Distinct Gaps, Lacks Readiness Framework
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Description
Nigeria’s Energy Transition Plan with a 2060 target could be really challenged by the need for a clear development policy approach. Early distinct gaps noticeable in the NETP programme include...
show moreThe federal government, though, had only this year enacted the energy decentralisation law. If properly administered, Nigeria stands to gain from the energy transition, which will offer an excellent opportunity to address its energy poverty by leveraging abundant renewable energy sources. However in the short to medium term, the country will lose significant revenues because of its over-dependence on fossil fuels. However, the NETP projects 340,000 jobs to be created in 2030 and 840,000 by 2060
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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