Nigeria government says targeting 30 percent as renewable energy

renewable energy
renewable energy

The Nigerian government on Tuesday said it is targeting 30 percent of its energy needs from renewables, in a bid to diversify its energy sources and optimize other assets for power production.

Federal Minister of Power, Works and Housing Babatunde Fashola told reporters in Lagos, the nation’s economic hub, that there was the need for Nigeria to produce an energy mix that targets a 30-percent component of renewable energy out of the gross energy produced as of 2030.

Nigeria’s current grid power consists mainly of 85 percent of gas-fired power, and 15 percent of hydropower.

“Let me be clear and unequivocal by saying upfront that our commitment as a nation and government to pursue renewable and low carbon energy at low cost is clear, firm and unshaken,” Fashola said, adding the government had realized it was necessary to diversify energy sources from gas and provide some energy security.

He described the government’s commitment to achieving its aim as one driven by necessity, contract, and policy.

The Nigerian government has so far signed 14 solar power purchase agreements with the potential to deliver over 1,000 megawatts of solar power.

The country has also adopted several international treaties and policies which promote the use of renewable energy. Enditem

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