Former Vice President Yemi Osinbajo has emphasized the importance of utilizing gas as a transition fuel in Nigeria’s journey towards greener energy.
Eko Hot Blog reports that Osinbajo speaking at the 33rd S.L. Edu memorial lecture in Lagos,“Greening Africa’s economies: Can climate positive growth deliver prosperity?” Osinbajo argued that the Nigerian government’s position on energy transition over the years has been the right approach for the country.
Osinbajo said: “I think that the point to be made especially to those who say that we should abandon gas and use only re – newable energy is that gas must be used as a transition fuel and we have plenty of gas.
“There is absolutely no reason why we should not use our gas in the transition journey.
Absolutely no reason. As a matter of fact, many of the countries that are urging that we should not use our gas are countries that in their multidecade plans or the transition have gas as a major component.
So there is no reason whatsoever why we should not use gas as transition fuel. “I am convinced that the position that has been taken by the Nigerian government over the years is correct.
Now we have enough gas to use and we should invest in our gas and use that as we go along even as we develop our renewable energy industry.
“One day it will be clear: Renewable energy, once it gets cheaper, the economic decision will be taken, using more than gas or any other fossil fuel.”
He suggested that embracing a green economic paradigm would be advantageous for African countries, as they possess climate competitiveness and stand to benefit from transitioning to sustainable development.
Osinbajo emphasized the importance of African leaders collaborating and presenting a united front on climate action, allowing the continent to become a prominent force in driving sustainable growth.
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