Vice President, Kashim Shetima has called on local and international investors to support federal Government’s policies and programmes on energy transition to effectively address the challenges of energy and climate change in Nigeria.
Shetima made the call during the energy transition symposium organized in Abuja on Friday by the development agenda Magazine.
Nigeria is a major oil producing country and it derives a substantial part of her revenue from the sales of crude oil.
Lately, Nigeria has adopted gas as her transition energy but the country will have to deal with a future when fossil fuels are no longer marketable.
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Specialists in the sector say this is going to have profound social and economic implications.
Other speakers said the symposium has exposed some factors and opportunities that can be harnessed for mitigating the expected negative effects of Government’s energy transition programmes on Nigerians.
They include ensuring that impacted communities are supported and also secure justice for residents of those communities.
The symposium has the theme. “Energy Transition in an Oil-Dependent Economy.”
(Editor: Ebuwa Omo-Osagie)
