Oyedele Philemon Etpcompete Essay Entry 2023
Oyedele Philemon Etpcompete Essay Entry 2023
Oyedele Philemon Etpcompete Essay Entry 2023
With closer inspection, it appears that the energy sector is the largest single source of greenhouse
gas emissions majorly responsible for this crisis at hand. It is therefore a matter of urgent
necessity to have a worldwide transition from fossil-based systems as the major means of energy
production and consumption to renewable and sustainable energy sources for limiting emissions
and assuaging the unfavorable effects of climate change.
Commendably, the Nigerian government under the leadership of President Muhammadu Buhari,
has made Nigeria’s commitment to net-zero emissions by 2060 known at COP26 and through
the global launch of Nigeria’s Energy Transition Plan on August 24, 2022. However, as any
logical mind would foresee, this unfolding scenario vividly describes what can be rightly termed
as a dilemma.
Ours is a country that is highly dependent on oil and gas, with the sector contributing more than
80% of the nation’s revenue and foreign exchange earnings and responsible for the employment
of many Nigerians. Moving from the economic impacts, the current energy poverty is another
area of concern. An average Nigerian consumes between 140-360 kWh of electricity yearly in
sharp contrast to the proposed minimum of 1000 kWh per capita. Similarly, 92 million Nigerians
lack access to electricity while 175 million lack access to clean cooking solutions.
Put simply, we are faced with the trilemma of ensuring environmental sustainability, economic
prosperity, and energy accessibility. Picking the power sector as a point of interest, were I to be a
policy maker, the following are the decisions I would make:
The IRENA 2023 global report reveals that fossil fuels would still be relevant in terms of
usage by around 16% by 2045. Engr. Simbi Wabote, NCDMB Executive Secretary, also
maintains that the present energy transition would result into a redistribution of energy
mix, as opposed to an outright dismissal of one energy type for the other.
In view of all these, building on the Federal Government’s Decade of Gas Policy which
aims to harness the nation’s huge gas reserves, address energy poverty using gas as an
enabler and ultimately drive economic growth between 2021 and 2030. I would rapidly
maximize the production of natural gas because it is the most environmentally
friendly fossil fuel, has the potential of assisting the integration of renewables while
being economically favorable.
Judging from the international standards of 1,000MW to one million people, Nigeria
needs to generate about 200,000MW of electricity to give her 200 million plus citizens
optimum access to electricity. In 2020, the overall production volume of natural gas in
the country amounted to about 52 billion cubic metres (1.836 billion cubic feet). Since it
takes roughly 7,600 cubic feet of natural gas to generate 1MWh of electricity, we
presently have a strong potential of generating over 241 million MWh or 27,578 MW
annually from natural gas alone (14% of required national need). By intensifying the
national production capacity and ensuring the use of Carbon Capture and Storage
technologies, Chemical Looping and High-Temperature membranes for reducing CO 2
emissions, we can get up to 70% of the required national energy need from natural gas
alone, while ensuring maximal sustainability simultaneously.