yesterday in Abuja, Nigeria’s Vice President Yemi Osinbajo said that the country’s plan to change its energy system will include, among other things, the use of electric cars and the end of generators.
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But the country must strike a balance in its efforts to make this change by putting more attention on the infrastructure that makes these changes sustainable.
“We will be considering the decommissioning of generators, development of cooking stoves, think through options such as electric cars; is it the right time? What about charging stations? These are some of the things we have to start thinking about,” Yemi Osinbajo said when he received a delegation from the US-based Rocky Mountain Institute.
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The RMI is an international think-tank involved with the issue of the energy transition for the last four decades.
Laolu Akande, the Vice President’s Senior Special Assistant for Media and Publicity, said this in a statement he signed on Monday. It was called “VP highlights FG’s energy transition goals as African carbon markets initiative moves forward.”
He said that the Federal Government was trying to find, among other things, enough money for climate change through the African Carbon Market Initiative as part of its just Energy Transition agenda.
The vice president said that the federal government would work on Climate Finance, specific projects that will help Nigeria reach its Net-Zero goal by 2060, and look into the possibility of electric vehicles in the country.
“We will be considering the decommissioning of generators, development of cooking stoves, think through options such as electric cars; is it the right time? What about charging stations? These are some of the things we have to start thinking about,” he noted.
Speaking earlier, the CEO of Rocky Mountain Institute, Mr. Jon Creyts, expressed readiness to partner with Nigeria on the federal government’s Energy Transition Plan since this was a commitment that is shared by the institute as well.
“We share the commitment with Nigeria to get to Net-Zero in 2060 and build a prosperous economy in the process,” Creyts noted.
He explained that the institute had worked on similar issues with China, India, Indonesia and 62 other countries around the world.
At the meeting of the ACMI, the steering committee said it plans to attain $1bn in total commitments by buyers before COP28 later in 2023.
Besides the Vice President, the members of the ACMI include former President of Colombia, Ivan Duque Marquez; representatives of the United Nations, Rockefeller Foundation and the Global Energy Alliance for People and Planet, among others.
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