{"id":50720,"date":"2021-09-26T16:04:05","date_gmt":"2021-09-26T15:04:05","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari"},"modified":"2021-09-26T16:52:22","modified_gmt":"2021-09-26T15:52:22","slug":"were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari","title":{"rendered":"We\u2019re working towards reducing energy shortcomings by year 2030 \u2013 Buhari"},"content":{"rendered":"

Africa-Press<\/a> – Nigeria<\/a>. <\/strong><\/span>President Muhammadu Buhari says Nigeria is working on an ambitious Energy Plan towards reducing the energy shortcomings by 2030.<\/p>\n

The President spoke in line with Nigeria\u2019s role as a Global Champion for the Energy Transition, the theme of the High-Level Dialogue on Energy at the sidelines of the 76th United Nations General Assembly in New York.<\/p>\n

Buhari noted that Nigeria\u2019s commitment to a just transition is reflected in its ambitious Energy Compact, which includes the \u201cGovernment\u2019s flagship project to electrify Five-Million households and Twenty-Million people using decentralized solar energy solutions. This is a major first step towards closing our energy access deficit by 2030.<\/p>\n

\u201cNigeria\u2019s commitment is also reflected in the development of our Energy Transition Plan, which was developed with the support of the UK COP26 Energy Transition Council.\u201d<\/p>\n

Buhari called for support from developed countries to unlock the financing needed to accelerate a just energy transition for all.<\/p>\n

Buhari said \u201cthe scale of financing required for Nigeria to achieve net-zero, amounts to over Four-Hundred Billion US Dollars across the Nigerian economy in excess of business-as-usual spending over the next thirty years.<\/p>\n

\u201cThis breaks down to One-Hundred and Fifty-Five Billion US Dollars net spend on generation capacity, One-Hundred and Thirty-Five Billion US Dollars on transmission and distribution infrastructure, Seventy-Five Billion UD Dollars on buildings, Twenty-One Billion US Dollars on industry and Twelve-Billion US Dollars on transport,\u201d Buhari explained<\/p>\n

\u201cAs a global leader on the energy transition, it is imperative that I flag a major risk to development that stems from the current narrative around the energy transition, particularly on the role of gas and the lack of financing,\u201d he said.<\/p>\n

Buhari said in his administration\u2019s development objectives, gas will have a key role to play here for some years before being phased out.<\/p>\n

The Nigerian leader noted that it was more worrisome that solid fuel cooking in Africa causes almost 490,000 premature deaths annually.<\/p>\n

President Buhari is currently in New York, the United States of America where he led the Nigerian delegation to attend the 76th United Nations General Assembly, UNGA.<\/p>\n

The Nigerian leader also addressed the Assembly on Friday amidst protests from those who feel he has not done enough to address numerous challenges facing Nigeria, especially in the areas of security and hunger.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. President Muhammadu Buhari says Nigeria is working on an ambitious Energy Plan towards reducing the energy shortcomings by 2030. The President spoke in line with Nigeria\u2019s role as a Global Champion for the Energy Transition, the theme of the High-Level Dialogue on Energy at the sidelines of the 76th United Nations General […]<\/p>\n","protected":false},"author":84,"featured_media":50719,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,28,14,26],"tags":[1570,2140,97,254],"class_list":["post-50720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-buhari","tag-nigeria"],"yoast_head":"\nWe\u2019re working towards reducing energy shortcomings by year 2030 \u2013 Buhari - Nigeria<\/title>\n<meta name=\"description\" content=\"President Muhammadu Buhari says Nigeria is working on an ambitious Energy Plan towards reducing the energy shortcomings ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019re working towards reducing energy shortcomings by year 2030 \u2013 Buhari\" \/>\n<meta property=\"og:description\" content=\"President Muhammadu Buhari says Nigeria is working on an ambitious Energy Plan towards reducing the energy shortcomings ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-26T15:04:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-26T15:52:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/09\/img-615097192673f.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"933\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"We\u2019re working towards reducing energy shortcomings by year 2030 \u2013 Buhari\",\"datePublished\":\"2021-09-26T15:04:05+00:00\",\"dateModified\":\"2021-09-26T15:52:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari\"},\"wordCount\":391,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/09\/img-615097192673f.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Buhari\",\"Nigeria\"],\"articleSection\":[\"all news\",\"homepage-english\",\"Policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/were-working-towards-reducing-energy-shortcomings-by-year-2030-buhari\",\"name\":\"We\u2019re working towards reducing energy shortcomings by year 2030 \u2013 Buhari - 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