Top Story

NNPCL Chief, Kyari, Unveils Strategic Priorities for Africa’s Sustainable Energy Development

1.3k


Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd),
has highlighted the importance of local content development, sustainable practices, and strategic investment in gas infrastructure as critical components in shaping Africa’s sustainable energy future.

Speaking at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SIAPEC) on Tuesday, Kyari noted Africa’s strategic role in ensuring energy availability, affordability, and sustainability for economic growth.

“To redefine the energy landscape for a sustainable energy future, we need to focus on several key areas such as energy transition, energy efficiency, energy investment, cost efficiency, gas and renewable energy development,” Kyari said.

He also called for policy and regulatory support, regional collaboration and training, as well as technology, innovation, and research.

Kyari said energy demand is expected to rise globally, driven by Africa’s growing population.

Addressing participants at the exhibition, he said,:”The oil and gas sector currently contributes the largest percentage to the continent’s energy mix, with renewable energy sources evolving to improve access to needed energy.”

The national oil company chief also noted the importance of natural gas in Nigeria’s energy strategy, serving as a major source of power generation and industrial feedstock.

“Though oil and gas remains a significant component of energy the global energy mix and will remain so even in the next 50 years, NNPC Ltd. is working towards increasing production by unlocking more opportunities across the oil and gas value chain,” he said.

Kyari urged stakeholders to work together in tackling energy challenges through investment, policy support, and infrastructure development.

See also  U.S. signs $280m with Access Bank for boosting SMEs in Nigeria

He said collaboration between African countries was vital in achieving common energy goals, ensuring socio-economic growth, and securing a sustainable energy future.

Author

Leave a comment

Related Articles

Breaking: 2027 Election Timetable Revised: Presidential Vote Now Jan. 16, State Polls Feb. 6

The Independent National Electoral Commission (INEC) has revised the 2027 general election...

Breaking: Senate to Tinubu: Sack CAC Registrar-General

Citing a blatant disregard for legislative oversight, the Senate has urged President...

Tinubu to Senate: Amend Constitution for State Police

President Tinubu made a definitive push for state police at a Wednesday...

Tinubu Decorates Tunji Disu as Acting Police IG

President Bola Tinubu has officially decorated Tunji Disu with the rank of...