Nigeria Energy Diversification Ongoing – Buhari Tells World Leaders

President Muhammadu Buhari says Nigeria has rolled out several programmes, as part of efforts to tackle issues related to climate change.

Buhari on Friday, while speaking at the virtual world leaders summit, said Nigeria has been undertaking programmes that will benefit the environment, since rectifying the Paris Climate agreement in 2016.

The US President Joe Biden had invited 40 world leaders to the two-day virtual summit which started on April 22 and ended on April 23, to discuss issues of climate change.

Speaking on “The Economic Opportunities of Climate Change” in the session 5 of the summit, Buhari stated that Nigeria has a target to end gas flaring by 2030, adding that steps have also been undertaken towards energy diversification.

He added that his administration is committed to galvanising “relevant stakeholders for climate exchange” and support in the attainment of Paris agreement objectives.

Buhari said, “As one of the most vulnerable nations, Nigeria is undertaking major environmentally sound and climate-friendly programme and treading the path of sustainability.”

“Since rectifying the Paris agreement in 2016, Nigeria has rolled out several policies enablers, such as institutional frameworks to cut emission by 20 percent unconditionally, and 45 percent conditionally with international support by 2030.

“We are expeditiously implementing programmes that stimulate gradual transition away from use of woods, stoves, kerosene, to liquified natural gas, biogas and electricity.

“Beyond ending gas flaring by 2030, the oil and gas sector has undertaken steps for diversification and risk management system, insurance engine, research and development and energy crisis planning.

“I reiterate Nigeria’s commitment to galvanise relevant stakeholders for climate exchange and our readiness to extend support for regional, continental and global multilateral processes for the attainment of lofty objectives of the Paris agreement.”

The Nigeria President commended Biden for bringing world leaders together for the summit, and returning the US to the Paris climate change agreement.

Recall that the US had rejoined the Paris agreement on climate change in February 2021, after pulling out during the administration of former President Donald Trump.

Buhari said, “I will like to express profound appreciation to the president of the United States, his excellency, Joe Biden, for conveying this summit at a time the world is experiencing tremendous vulnerability from the coronavirus pandemic and climate change impact, among several other global challenges.”

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