Tuesday, November 29, 2022
Home Business Energy transition is creating huge opportunities in Nigeria- Seplat CEO 

Energy transition is creating huge opportunities in Nigeria- Seplat CEO 

Energy transition creates huge opportunities in Nigeria as it supports economic and social development, job creation, improved health and education, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said.

Brown who was speaking during a panel session at the University of Dundee Alumni, Nigeria Chapter seminar held on Saturday in Lagos, explained that energy transition conundrum is all about how stakeholders balance three realities of climate change and the need to decarbonise the world; the need for energy security; and urgent need for economic development in Africa, tackling poverty and lack of access to energy.

The panel session which dwelt on the topic ‘Optimizing energy security in a global transition era’ provided a platform for the panellists to x-ray the current global trajectory of energy transition, and how energy security could be guaranteed in the face of transition, relating the subject to Nigeria’s domestic market situation.

He said: “Seplat Energy remains committed to improving Nigeria’s access to affordable and reliable energy that drives social and economic development, in line with the UN’s Sustainable Development Goals. We can make Nigeria a more attractive destination for global energy investment that will allow us to fund our energy transition towards lower-carbon sources of energy, such as gas to provide baseload, and renewables.

“By developing our gas industry we can transition Nigeria’s population away from expensive and polluting diesel generators, and from using biomass for cooking

“I believe we can achieve all of these development wins for Africa at little incremental cost to the environment.”

According to Mr. Brown, we must use Nigeria’s gas resources for the direct benefit of Nigerians, and use it to increase production of grid-scale energy that will power people’s homes without choking them on diesel fumes, and allow them to cook without having to collect firewood and have the risk of open fires in the home.

“This gas-fired power will also keep the lights on at night so the kids can study, and power businesses across Nigeria so they can create wealth at much lower costs,” he noted, adding that: “Increasing access to cheaper, more reliable energy creates so many positive effects that will drive economic and social development in Nigeria; access to energy supports wealth creation, improves health and will allow Nigeria to achieve development goals.”


NNPC-NIPCO consortium, Lekki Free Zone sign gas supply deal

The deal which was sealed in Lagos last week will see over 100 companies already established in the zone link up to the project which is expected to be completed in six months.

IMO scribe, Kitack Lim, arrives Nigeria for Maritime summit 

During his visit, the Secretary General will attend the Nigeria International Maritime Summit 2022 where regional policies and operational perspectives to Decarbonization and Green House Gas Emissions in shipping will be the focus.

Nigeria’s power generation to rise by 2000MW in 2024- Seplat

The energy company maintains that its ANOH and upgraded Sapele gas projects could fuel another 2000 megawatts of electricity by 2024, thus displacing the wide use of diesel/petrol generators for electricity as well as the use of biomass as cooking fuel.


Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

TCN adds 98MW to grid; energizes 2x60mva 132/33kv Gwarinpa Sub-station

According to a statement, the 132kV transmission sub-station is one of the five sub-station projects comprising the Abuja Ring Projects, funded by Agence Francais de Developpment (AFD).

NDPHC wins Power project of the year award

The Power Sector Awards is an initiative designed to recognize, celebrate and promote public and private sector organizations and individuals in the Nigerian Electricity Supply Industry (NESI).  

TCN delivers 22 Power Transformers, other Transmission Equipment to Lagos store

The equipment described as the highest of such in the company’s history, comprise of 22 power transformers, haulage trucks, transmission switchyard spare parts, 45No. earthing transformers, Suspension Clamps, Vibration Dampers, Armor Rods, Circuit Breakers, Current transformer, Voltage transformers, 100tons Crane truck heads

Baobab+ celebrates two years in Nigeria distributing Solar Home Systems

Speaking on the anniversary, the Chief Executive Officer, Baobab+, Kolawole Osinowo, the company has equipped thousands of households and served several beneficiaries with its off-grid energy solutions in the past 2 years.

Recent Comments