Fuel subsidy as corruption authorisation
The ‘battle’ has now shifted to fuel subsidy removal without any provocative statement from the government in recent times
Category: Opinion
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Flexible power technologies will make Africa’s energy leapfrogging a reality
This new power generation paradigm is, in many ways, a perfect fit for Africa. The continent enjoys some of the highest wind and solar energy resources on the planet, which means that the renewable energy plants built here boast some of the best productivity rates in the world.
Why does renewable energy investment in Africa lag rest of world?
Michael R Bloomberg, UN Secretary-General’s Special Envoy on Climate Ambition and Solutions and Founder of Bloomberg LP and Bloomberg Philanthropies said the global transition from fossil fuels to clean energy has the potential to benefit economies and health across Africa.
Why COP27 is so important for Africa’s future
If COP26 last year in Glasgow was about big pledges from governments and big business to provide a pathway to the goals of the Paris Agreement and enable a net-zero world by mid-century, then a successful COP27 has to be about finding out exactly how nations and corporations are planning to turn their promises into action.
A look at laws governing the power sector in Nigeria
The Nigerian electricity law consists of the body of law, which regulates the generation, transmission, distribution and trading of electricity in Nigeria.
OP-ED: Green ammonia is going to be the fossil-free ‘crude’ of the hydrogen fuel economy
Hydrogen has the potential to decarbonize a wide range of heavy industries including energy, chemicals, steel and cement, which means demand is going to be huge. In its Net-Zero Emissions scenario the IEA expects demand to increase fivefold from 2020 to 2050.
Could Nigeria’s oil industry be entering a new era?
Absolutely. Ultimately, helping Nigerians thrive is exactly what NNPC Ltd. can and should be accomplishing.
OP-ED: Buhari should resolve the power quagmire
By now, Nigeria should be building a second national power grid as well as regional grids, mini and micro-grids to distribute as much electricity as possible. Moreover, policies should drive private investment in alternative power sources, especially renewables – solar, wind, hydro, tidal, geothermal and biomass.
What you need to know about results-based climate finance
About 95 percent of international public climate finance is provided upfront before a project is operational. Results-based climate finance, on the other hand, is paid when results are achieved, and occasionally upon meeting interim milestones.
What IPCC climate projections mean for World Bank energy projects in Africa
“Yet even as the climate crisis accelerates, Africa needs to close its huge energy access gap and achieve its development goals.”