NNPC Chief Urges Just Energy Transition for Africa’s 75% Unelectrified Population by 2035
News Summary:
- NNPC’s Mele Kyari champions a tailored “just energy transition” for Africa at COP28.
- Urgent call to address Africa’s energy deficit, with 75% lacking access to electricity.
- Nigeria’s NNPC outlines ambitious plans to harness natural gas for continent-wide energy transformation.
Amidst the global climate discussions at COP28 in Dubai, there’s a resounding call for equitable solutions tailored specifically to the African continent.
Mele Kyari, the Group Chief Executive Officer (GCEO) of NNPC Ltd., stood at the forefront of this call, advocating passionately for what he termed a “just energy transition” for Africa.
Addressing a Regional CEO Panel, meticulously organised by McKinsey & Company on the sidelines of COP28, Kyari emphasised the criticality of Africa’s energy landscape.
He highlighted the imperative for a transition that isn’t just an energy shift but a transformation that ensures Africa maximises its resources for present and future generations.
It was a poignant plea, underlined with a deep concern for the continent’s energy trajectory and the subsequent impact on its population.
Africa’s unique position in the global climate discourse was underscored as Kyari illuminated the glaring issue of inadequate access to electricity across the continent.
With a staggering 75% of the African population living without electricity, the urgency for a tailored approach to energy became apparent.
Biomass remains a primary source of energy for a substantial part of the continent, highlighting the pressing need for immediate action to address the energy deficit.
Nigeria, projected to be among the top 10 global economies by 2035, holds a significant stake in Africa’s energy narrative.
Kyari shed light on the nation’s abundant natural gas reserves, currently exceeding 206 trillion cubic feet and potentially rising to a staggering 600 trillion cubic feet.
He passionately articulated Nigeria’s proactive stance in harnessing this valuable resource to drive its energy transition.
In pursuit of this transition, Kyari revealed NNPC Ltd.’s ambitious plans. The company is spearheading the establishment of a regional gas pipeline network spanning across Africa.
Moreover, it aims to ramp up liquefied natural gas (LNG) supply to foreign markets, positioning itself as a key player in the global energy landscape.
The fight against gas flaring emerged as a pivotal aspect of Nigeria’s energy strategy. Kyari highlighted NNPC Ltd.’s concerted efforts to eliminate gas flaring, transforming this once-wasted resource into a catalyst for progress.
Redirecting this gas towards power plants nationwide holds the promise of boosting electricity supply, creating job opportunities, and catalysing Nigeria’s industrial and economic development.
NNPC Ltd.’s commitment to a net-zero future further solidified its pledge to responsible energy practises.
By becoming a participant in the United Nations Global Compact, the company signals its dedication to aligning its operations with global sustainability goals.
This bold move signifies a concerted effort to bridge the gap between traditional energy practises and environmentally conscious strategies.
In advocating for a just energy transition, Kyari articulated Africa’s unique circumstances. He stressed the importance of acknowledging these distinctions in crafting pragmatic solutions.
He advocated for an immediate response, substituting current resources to bridge the energy gap for Africa’s burgeoning population.
Kyari’s impassioned plea resonated deeply, encapsulating not just the urgency of Africa’s energy crisis but also the imperative for a collaborative and inclusive approach to crafting solutions.
As the discussions at COP28 unfold, Kyari’s call for a just energy transition for Africa reverberates as a beacon, illuminating the pathway towards a sustainable and equitable energy future for the continent.
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