Launching of REmap-Nigeria during IRENA Pre-Assembly Activity on 13th January 2023 in Abu Dhabi, UAE
…investment in renewables is costeffective, delivering economic growth and jobs, while achieving global climate and sustainable development objectives.
Nearly 60 per cent of Nigeria’s energy demand in 2050 can be met with renewable energy sources, saving 40 per cent in natural gas and 65 per cent
in oil needs at the same time, according to a new report by the International Renewable Energy Agency (IRENA).
With a growing population and a range of socioeconomic challenges, Nigeria requires sustainable energy sources to meet the growing needs for all
the sectors of its economy and achieve universal access to modern energy services.
Renewable Energy Roadmap for Nigeria, REMap, developed in collaboration with the Energy Commission of Nigeria, demonstrates how renewable energy
technologies are key to achieving a sustainable energy mix and meeting the country’s growing needs.
”By using its abundant, untapped renewables”, IRENA’s Director-General Francesco La Camera said, “Nigeria can provide sustainable energy for all
its citizens in a cost-effective manner. Nigeria has a unique opportunity to develop a sustainable energy system based on renewables that support socioeconomic
recovery and development, while addressing climate challenges and accomplishing energy security.”
Dr. Adeleke Olorunimbe Mamora, Nigeria’s Minister of Science, Technology and Innovation added: “The highly distributed institutional structure
of the energy sector in Nigeria means that coordination of policies will be essential to unlocking integrated energy transition planning and ensuring its success.
A cross cutting agency or body tasked with doing so would be helpful in building consensus and developing a coherent plan which in turn would allow for the scaling
up of renewable energy to meet the needs across the Nigerian energy sector.”
The Nigerian Ambassador to UAE, H.E. Amb. Mohammed Dansanta Rimi seated with IRENA DG, Francesco La Camera
The Nigerian Ambassador to UAE, H.E. Amb. Mohammed Dansanta Rimi; IRENA DG, Francesco La Camera, jointly launching
the document
The Nigerian Ambassador to UAE, H.E. Amb. Mohammed Dansanta Rimi presenting his speech and the DG, ECN, Prof. Eli
Jidere Bala during the pre-Assembly event
Investment in renewables will be more cost-effective than the conventional pathway. IRENA’s Energy Transition Scenario has lower investment
costs than planned policies, 1.22 trillion USD compared to 1.24 trillion USD respectively. This corresponds to 35 billion USD versus 36 billion USD per year
respectively.
The Nigerian Ambassador to UAE, H.E. Amb. Mohammed Dansanta Rimi; IRENA DG, Francesco La Camera;
DG, ECN, Prof. Eli Jidere Bala and IRENA Snr. Programme Officer, Dr. Ricardo at the lunching
The Nigerian Ambassador to UAE, H.E. Amb. Mohammed Dansanta Rimi seated with the DG, ECN, Prof. Eli
Jidere Bala during the pre-Assembly event
Excerpt from IRENA, Press Releases, 13 January 2023