shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Nigeria Deserves More Form Its Gas Reserves – Osinbajo

Nigeria Deserves More Form Its Gas Reserves – Osinbajo

by Joshua
September 19, 2022
in Oil and Gas

Vice President Yemi Osinbajo says the use of gas as a transition fuel will help in stemming deforestation and advancing Nigeria’s broader development goals.

Yemi-Osinbajo

The vice president said Nigeria had one of the largest gas reserves in the world and deserved to reap more from it.

Osinbajo’s spokesman, Laolu Akande, in a statement in Abuja, said the vice president received the U.S. Special Presidential Envoy on Climate Change, John Kerry, at the Presidential Villa, Abuja on Tuesday

Kerry was on a working visit to Nigeria; prior to his meeting with the vice president, Kerry had also met with President Muhammadu Buhari.

Osinbajo said that other developing countries would also benefit from the adoption of gas as a transition fuel.

The vice president highlighted the need for Nigeria to continue the exploration and use of gas as a way of arresting deforestation.

He said it would also help in transiting away from dirtier fuels like diesel, kerosene and petrol, while at the same time ensuring that the country had the necessary energy baseload for industrialisation.

Osinbajo said that that Nigeria had one of the largest gas reserves in the world and should benefit from its exploitation.

He also highlighted the significance of Nigeria’s Energy Transition Plan(ETP) which is the first in Africa.

Osinbajo had discussed the ETP during his recent visit to Washington D.C., where he met with his American counterpart, Kamala Harris at the White House, among other top US government officials.

Before the recent US trip, the Federal Government had launched the ETP at a global virtual event.

Read Also:  Oil Theft: Group Urges FG To Engage Host Communities

The vice president and Kerry also discussed the issues of renewable energy sources and the global transition.

In his remarks, Kerry praised the plan and the efforts already being made in Nigeria to step up the use of renewables, especially solar and hydro-power, as major components of the energy mix.

He acknowledged that Nigeria ought to benefit from its gas reserves and urged an even more rapid adoption of renewables, especially electric vehicles, which were certainly the next wave in auto-manufacturing.

Kerry observed that the technology of renewables improved daily, adding that batteries were in production which lasted far more than those that were already in the market.

Upon a request by the vice president, Kerry promised that U.S. would assist Nigeria with the expertise to scientifically determine the most appropriate energy mix toward the goal of energy for all by 2030 and net zero carbon emissions by 2060, without compromising the country’s energy security.

The US Special Envoy also affirmed the readiness of the U.S. Government to assist Nigeria in a bilateral partnership to realise its Climate Change adaptation and resilience capacity, thereby consolidating the nation’s place as a model for other countries on the planet.

He added that he looked forward to Nigeria presenting an inspiring position, which would no doubt attract all necessary global support at the upcoming COP 27 in Egypt later in the year.

Kerry was accompanied by other U.S. officials including the American Ambassador to Nigeria, Ms Mary Leonard.

shippingposition

Kindly like us on Facebook/twitter


Tags: Osinbajo

Related Posts

NUPENG Threatens To Resume Strike

Association Accuses NUPENG Of Extortion, Excessive Levies On Tanker Owners

September 15, 2025
Nigeria LNG Deploys AI To Boost Domestic Gas Supply, Export

Nigeria LNG Deploys AI To Boost Domestic Gas Supply, Export

September 15, 2025
PIA: FG Pledges All Round Development Of Oil Producing Communities

Nigeria Records 16-Year Low in Crude Oil Losses – NUPRC

September 15, 2025
NNPC Ltd. Affirms Huge Opportunities Abound In Nigeria’s Energy Sector

NNPC Ltd. Affirms Huge Opportunities Abound In Nigeria’s Energy Sector

September 15, 2025

Latest News

Lagos Rice Traders Lament Hike In Price

Local Rice Re-bagging Mafia Cashes-Out As Customs Tightens Noose On Smuggling  

September 15, 2025

African Group Backs Nigeria’s Candidature For IMO Council Seat

Stakeholders Applaud, Caution as Customs Introduces $300 Duty-Free Import Threshold 

Stakeholders Endorse Digital Port Gate System At Lagos Port, Raise Red Flags Over Possible Loopholes

Nigeria At UNGA Seeks Support For IMO Council Bid

IMAN Ends Decade-Long Feud, 85% of Factional Crisis Resolved

Bricks Mursten Mattoni to Showcase Nigeria’s Maritime Progress at London International Shipping Week

Ogbeifun, Maiguwa,  Akinola, Others Named in 8-Man Committee to Tackle War Risk Premiums

AMANO Lagos Elects First Female Chairperson, Unveils New Executive Team

Customs Promotions: Reward, Discipline, and the Greater Call Ahead

MONDAY INTERVIEW: “Transparency, integrity, and service will guide my every action” — Comptroller EOA Oshoba

Frequent Ejaculation May Lower Prostate Cancer Risk- Expert

kindly like our Facebook page

Health

Over A Billion People Live With Mental Health Conditions – WHO
Health

Over A Billion People Live With Mental Health Conditions – WHO

September 8, 2025

The World Health Organisation (WHO) said ‎more than one billion people are living with mental health disorders ‎according to a...

KNOW YOUR BODY PARTS: Your Legs

KNOW YOUR BODY PARTS: Your Legs

September 8, 2025
FACT SHEET: Why Your BP Medication Alone Won’t Save You

FACT SHEET: Why Your BP Medication Alone Won’t Save You

September 1, 2025
KNOW YOUR BODY PARTS: YOUR EYES AND YOU

KNOW YOUR BODY PARTS: YOUR EYES AND YOU

September 1, 2025
SHOCKING:  25 Per Cent Of DNA Testing Paternity Tests Return Negative Results

SHOCKING:  25 Per Cent Of DNA Testing Paternity Tests Return Negative Results

August 25, 2025
It’s The Season Of Corn

It’s The Season Of Corn

August 25, 2025
Prostate Health Awareness Lecture Men Must Read

Prostate Health Awareness Lecture Men Must Read

August 18, 2025
DANGER: Nigeria Records 127,000 Cancer Cases Annually – Pate

DANGER: Nigeria Records 127,000 Cancer Cases Annually – Pate

August 11, 2025
KNOW YOUR BODY PARTS: BREAST MILK

KNOW YOUR BODY PARTS: BREAST MILK

August 11, 2025
KNOW YOUR BODY PARTS: HEPATITIS

KNOW YOUR BODY PARTS: HEPATITIS

August 4, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition