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Energy Poverty Has To Be Tackled Headlong -Osinbajo

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Vice President Yemi Osinbajo says energy poverty has to be tackled headlong for African countries to attain middle-income status and an inclusive prosperity for its people.
Osinbajo’s spokesman, Laolu Akande, in a statement, in Abuja yesterday, said the vice president delivered a Special Public Lecture at the University of Pennsylvania (UPENN) in Philadelphia, U.S.
The vice president spoke on the title “Energy Transition in Africa.”
Osinbajo outlined specific pathways that would lead to climate-positive economic growth on the continent and at the same time lead to the realisation of the global net-zero emissions targets.
“Africa’s endowments, renewable energy, natural resources and a young workforce, present a compelling set of circumstances for several pathways to climate-positive growth.
“Low emissions consumption and production, the point being that Africa can, instead of going the carbon-intensive path to providing energy, goods and services for its own needs, take full advantage of green technologies and practices.
“There is the distinct advantage that Africa can actually pursue a green course of growth without worrying about costly legacy infrastructure.”
The vice president said that second pathway had to do with the recognition that global zero carbon ambitions could be realised without intentional carbon removal technologies and practices.
He said that Africa could ramp up her own potential to do it at scale through a combination of planned land use and ecosystem management, and investment in emerging engineered removal technologies.
“The third pathway is that, with its abundant reserves of renewable energy and raw materials, Africa can become a hugely competitive green manufacturing and energy hub for the world that could also accelerate the greening of global industry.
“Thus, the paradox of an energy-poor continent becoming the green industrial powerhouse of the world is easily resolvable and must be.”
The vice president proposed that the developed world change its perception of Africa.
He charged that the continent should not be seen merely as a victim but as a solution in the climate change conversations and the attainment of the global net zero targets by 2050-2060.
On energy poverty, Osinbajo argued that it could only be resolved if there was a significant investment in renewable energy.
“And that can only happen if we create the energy intense anchor demand that makes the investment in additional renewable energy bankable.
“Therefore, it is not which comes first – renewable energy generation capacity or industrial deployment, both must be developed concurrently.”
Osinbajo also spoke on Africa’s dependence on its oil and gas resources.
He said that the use of gas as a transition fuel would not significantly derail the commitment to carbon-negative growth.
“Nigeria’s Energy Transition Plan attempts to chart an energy transition pathway which has as its bedrock, the development of renewable energy, specifically solar.
“The plan is to develop 250 gigawatts of solar capacity by 2060.
“The plan outlines our decarbonisation strategies in the areas of power, oil and gas transportation; it also militates against medium to long-term job losses in an industry that has dominated the economy for decades.
“It recommends the role of gas as a transition fuel, to balance large influxes of solar power on the grid, its use as a cheaper, and relatively clean option for base load power for industry, as we watch the cost of solar batteries plunge.
“There are also practical ways in which gas, especially propane, will bridge the gap before the full use of renewables is commercially practical.
“To illustrate the point practically, recently some discussions have been taking place about the decommissioning of industrial scale diesel and petrol generators used at base stations of telecommunication companies in Nigeria,” he said.
Previous speakers who had featured at the UPENN Special Lecture series hosted by the U.S. Ivy League University’s Centre for Africana Studies, include Nobel Laureate, Prof. Wole Soyinka and the President of Botswana, Mr Mokgweetsi Masisi.
Earlier in her welcome remarks, Prof. Beth Winkelstein, Interim Provost, UPENN, said that the planet was facing an existential struggle against climate change for the earth.
“And indeed for us to last, we must join with our fellow nations around the world in this struggle.
“Like many countries, including the United States, Nigeria is challenged by competing and sometimes conflicting interests and its development prospects are complex.
“Nigeria holds amongst the continent’s largest proven oil reserves and faces a potentially perilous future of climate-induced sea level rise and drought.
“In short, global progress in the battle against climate change needs Nigeria’s partnership and participation,” she said.
On his part, Prof. Tukufu Zuberi of the Africana Centre, spoke about the relationship between the university and Nigeria.
He thanked the vice president for honouring the institution’s invitation, noting that the lecture series was part of its efforts in correcting the negative perceptions about Africa.
“Africa in many ways, has not been treated fairly in conversations, often this treatment is simply a result of not understanding Africa,” he said.
After the lecture, Wale Adebanwi, Professor of Africana Studies at the University of Pennsylvania, led an interactive session with the vice president.
Earlier on arrival, Osinbajo had met with the leadership of the university and was later conducted around the Penn Museum by Prof. Tukufu Zuberi.

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FG Targets Production Of Locally Made Vehicles By Dec

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The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

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Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

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The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

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Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

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A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

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