By Nigeria has developed and launched an Energy Transition Plan (ETP). The ETP signals the government’s readiness to welcome climate and energy financing flows from partners and investors at home and around the world.
Nigeria is the first African country to develop a detailed Energy Transition Plan (ETP), in 2021.
Nigeria is also a high-impact country for achieving the UN Sustainable Development Goal 7 (SDG7), which calls for universal access to clean and affordable energy.
Reducing emissions and powering development at COP26, H.E. President Muhammadu Buhari announced Nigeria’s commitment to carbon neutrality by 2060.
Nigeria’s Energy Transition Plan (ETP) was unveiled shortly after– highlighting the scale of effort required to achieve the 2060 net zero target whilst also meeting the nation’s energy needs.
Since the announcement, the Climate Change Act 2021 has been passed, the ETP has been fully approved by the Federal Government and an Energy Transition Implementation working group (ETWG) chaired by H.E Vice President Yemi Osinbajo (SAN), comprising of several key ministers and supported by an Energy Transition Office (ETO) has been established.
The Nigeria Energy Transition Plan (ETP) is a home-grown, data-backed, multipronged strategy developed for the achievement of net-zero emissions in terms of the nation’s energy consumption.
The Nigeria ETP sets out a timeline and framework for the attainment of emissions’ reduction across 5 key sectors; Power, Cooking, Oil and Gas, Transport and Industry.
Within the scope of the ETP, about 65% of Nigeria’s emissions are affected.
Key ETP objectives
At the core of the plan are the following imperatives:
– Lifting 100 million Nigerians out of poverty and driving economic growth
– Bringing modern energy services to the full population
– Managing the expected long-term job loss in the oil sector due to the reduced global fossil-fuel demand.
– Playing a leadership role for Africa by promoting a fair, inclusive and equitable energy transition in Africa that will include Gas as a “transitionary fuel”
– Streamlining existing and new government related energy transition initiatives.
The ETP requires significant emission reductions in 5 key sectors:
Power
Transition away from diesel/petrol generators (which account for bulk of current generation capacity).
Initial expansion of gas generation capacity to establish baseload capacity for meeting increased electricity demand and integrating renewables.
Ramp up of renewables-backed electrification to facilitate decarbonization in sectors such as buildings (cooking), industry and transportation.
Transport
Emissions decrease by ~97% due to uptake of EVs in passenger car segment.
Cooking
Speedy replacement of traditional firewood, kerosene and charcoal by LPG to achieve SDG7 by 2030. Post 2030 transition to electric cookstove and biogas with the latter mainly in rural homes.
Oil and Gas
Emissions decrease primarily driven by global response to climate change. Reduction in flaring and fugitive emissions also support decarbonization.
Industry
Emissions decrease by ~97% despite industrial growth due to decarbonization efforts in cement and ammonia production, and 100% shift to zero emission fuels for heating.
