Wednesday, May 31, 2023
  • Home
  • Advert Rate
Popular News9ja
  • Home
  • News
  • Politics
  • Metro
  • Business
  • Entertainment
  • Sports
  • Interview
No Result
View All Result
Popular News9ja
  • Home
  • News
  • Politics
  • Metro
  • Business
  • Entertainment
  • Sports
  • Interview
No Result
View All Result
Popular News9ja
No Result
View All Result
Everything on JUMIA
ADVERTISEMENT

Nigeria not ready for a post petroleum economy – Says ERA/FoEN

by Popular News
August 10, 2021
0
123
SHARES
1k
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp
Advertisement. Scroll to continue reading.

The Environmental Rights Action/ Friends of the Earth Nigeria (ERA/FoEN) has expressed the need for African countries to urgently embrace renewable energy sources so as not to be left behind in the ongoing rapid global movement from dirty energy to clean energy.

ERA/FoEN stated that time was running out against African countries in catching up with the rest of the world by their slow approaches to accepting and investing in solar energy.

ReadAlso

Edo 2024: Economy and infrastructural revolution my priority, LP guber aspirant

Ahon’s appointment a testimony to eye for excellence by Delta Gov – JIFORM

Executive Director of ERA/FoEN, Dr. Godwin Uyi Ojo in a keynote address on Transitional Justice and Nigeria Beyond Oil, during a 2-day conference on Climate Justice held August 9-11, 2021 in Port Harcourt, stressed the need for African countries, particularly Nigeria to divest funds from fossil fuels to renewable energy.

ADVERTISEMENT

Dr. Ojo noted that whereas on a global level, countries are making comprehensive plans to transit from fossil fuels to renewable energy sources and cleaner technologies by the year 2030 in line with the Paris Agreement of 2015, Nigeria was still neck deep in seeking investments for oil prospecting.

Advertisement. Scroll to continue reading.

According to him, by 2025, some European countries have committed to end production of petrol-diesel cars and fully embrace renewable energy.

ADVERTISEMENT

Already, there are trade-in schemes to get rid of petrol- diesel cars in place of the emerging and fast spreading electric cars in developed countries.

In Africa, there is the genuine fear of energy colonialism if all the disused and obsolete energy systems and petrol engines and vehicles are shipped to Africa as Greek gifts or even for sale.

This means that the third world countries would be a dumping ground which will have serious impact on the environment, health and general well being of the people.

How will Africa react to this pending crisis waiting to happen and how will the rich countries respond to this during the COP 26 coming up in Glasgow later in the year?, Dr. Ojo rhetorically asked.

“Transitional justice requires that rich countries pay ecological debts to compensate for Nigeria’s stranded assets such as oil and gas reserves, account for the historical carbon emissions released into the atmosphere and address loss and damage for fairness and equity including payment of compensation to victims of climate change”, Ojo further stated.

While reasoning that Nigeria beyond oil is very feasible with several benefits accruable to the country, the Executive Director of ERA/FoEN noted that his organization and its allies including civil society groups, community-based organizations, community representatives across Nigeria have recognized the urgent need for energy transition from fossil fuels to renewable energy.

He, however, expressed displeasure over the slow migration from dependence on fossils by the federal government which is still neck deep in seeking investments for oil prospecting especially in the Gongola/ Chad Basins and has committed billions of dollars to the expansion of Nigeria’s oil and gas reserves. Is this the right move for Nigeria? This shows that Nigeria is not ready for a post petroleum economy, he added.

Dr. Ojo insisted that the disadvantages of fossil fuels are far greater than their advantages whereas solar energy has all round advantages without any dangerous impact on the users and the environment.

“The divestment of public finance, loans and subsidies from fossil fuels and investing them on renewable energy development and development of cleaner technologies offers the opportunity for a post petroleum Nigeria,” Ojo concluded.

ADVERTISEMENT
Previous Post

ERA urges National Assembly to conduct oversight visits to Ogoniland clean up sites

Next Post

Bedlam in Big Brother Naija House

Related Posts

Ahon’s appointment a testimony to eye for excellence by Delta Gov – JIFORM
News

Ahon’s appointment a testimony to eye for excellence by Delta Gov – JIFORM

May 31, 2023
1k
Ibori points the way forward for Tinubu
Featured

Ibori points the way forward for Tinubu

May 30, 2023
1.1k
Lucky Igbinedion eulogizes Dokpesi
News

Lucky Igbinedion eulogizes Dokpesi

May 30, 2023
1k
‘Riceman’ mourns Dokpesi
News

‘Riceman’ mourns Dokpesi

May 30, 2023
1k
Raymond Dokpesi and the Broadcasting Organization Of Nigeria (BON) Awards
News

Obaseki mourns passing of DAAR Communications founder, Chief Raymond Dokpesi

May 29, 2023
1k
Edo State Residency Card’ll ensure effective planning for education, healthcare, others
News

Edo State Residency Card’ll ensure effective planning for education, healthcare, others

May 29, 2023
1k
Next Post
Bedlam in Big Brother Naija House

Bedlam in Big Brother Naija House

Discussion about this post

ADVERTISEMENT

Highlights

PAP: Ex-agitators urge Tinubu to retain Ndiomu

Obaseki mourns passing of DAAR Communications founder, Chief Raymond Dokpesi

Stakeholders reject PDP ‘Kangaroo Primaries’ in Owan West

PS, Service Chiefs hail Magashi for providing leadership to the Armed Forces

ADVERTISEMENT

Edo govt moves to check fuel scarcity, price hike as taskforce inspects fuel stations

Edo 2024: Economy and infrastructural revolution my priority, LP guber aspirant

Ibori points the way forward for Tinubu

Lucky Igbinedion eulogizes Dokpesi

Just In: PDP is a busybody, says Supreme Court

Minister lauds NAWOJ’s professionalism in projecting women issues

ADVERTISEMENT

Trending

AAU Special Intervention Team(SIT) should be disbanded, says group
Press Statement

Call Obaseki to order, Edo National Voice pleads with Tinubu

May 27, 2023
1.2k

It is no longer news that the inability of Governor Obaseki to take custody of our returned stolen Artefacts has...

ECOWAS Court fines FG half a Nmillion, bars FG defence lawyer from the Court

ECOWAS Court fines FG half a Nmillion, bars FG defence lawyer from the Court

May 30, 2023
1k
‘Riceman’ mourns Dokpesi

‘Riceman’ mourns Dokpesi

May 30, 2023
1k
Edo State Residency Card’ll ensure effective planning for education, healthcare, others

Edo State Residency Card’ll ensure effective planning for education, healthcare, others

May 29, 2023
1k
Olori Atuwatse III donates facilities to encourage play-based and practical learning among pupils in Warri

Olori Atuwatse III donates facilities to encourage play-based and practical learning among pupils in Warri

May 25, 2023
1k
Ahon’s appointment a testimony to eye for excellence by Delta Gov – JIFORM

Ahon’s appointment a testimony to eye for excellence by Delta Gov – JIFORM

May 31, 2023
1k
ADVERTISEMENT
ADVERTISEMENT
Everything on JUMIA
ADVERTISEMENT
ADVERTISEMENT
Facebook Twitter Instagram

About Us

Logo

News gathering and dissemination is a business that is worth the while. We have put in some 40 years of experience in the business to equip us for the task at hand. We promise to let these years of experience to bear in the discharge of our duties and as well meet your expectations in this one stop news portal. Our main focus, of course, will be Nigeria.

CONNECT WITH US

SECTIONS

  • Agriculture and Natural Resources
  • Breaking News
  • Business
  • Celebration
  • Crime
  • Culture and Tradition
  • Education
  • Entertainment
  • Environment
  • Exclusive
  • Featured
  • Gender Issues
  • Governance
  • Grassroots
  • Health
  • Hospitality
  • Infrastructure
  • Interview
  • Judiciary
  • Lifestyle
  • Metro
  • Migration
  • News
  • Newspapers
  • Oil and Gas
  • Parliament
  • People's Parliament
  • Photospeak
  • Point of View
  • Politics
  • Press Statement
  • Pussyfoot
  • Religion
  • Right of Reply
  • Security
  • Sponsored
  • Sports
  • Technology
  • Tete-a-Tete
  • Tourism
  • Travels
  • Tribute

NEWS SOURCES

  • Bightnews
  • TrackNews
  • National Daily
  • Point News Nigeria
  • Socialist Workers
  • Nigerian Tribune
  • The Nation
  • Thisday
  • The Sun
  • Daily Independent
  • Nigerian's news
  • PM News
  • Vanguard
  • Premium Times
  • Punch
  • Sahara Reporters
  • The Guardian
  • Bayelsa Online News
  • Leadership Newspaper
  • Daily Times Of Nigeria
  • © 2021 Popular News9ja - Web Designed by AfeesHost.

    • Home
    • News
    • Politics
    • Metro
    • Business
    • Entertainment
    • Sports
    • Interview

    © 2021 Popular News9ja - Web Designed by AfeesHost.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.