{"id":34798,"date":"2022-07-14T21:46:21","date_gmt":"2022-07-14T21:46:21","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=34798"},"modified":"2022-07-14T21:46:21","modified_gmt":"2022-07-14T21:46:21","slug":"pan-african-coalition-ll-advance-just-energy-transition-osinbajo","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/07\/14\/pan-african-coalition-ll-advance-just-energy-transition-osinbajo\/","title":{"rendered":"Pan-African coalition \u2018ll advance just energy transition \u2014 Osinbajo"},"content":{"rendered":"<header class=\"entry-header\" aria-label=\"Content\">\n<p class=\"entry-title\"><span style=\"font-size: 16px\">Vice President Yemi Osinbajo says a Pan-African position articulated and promoted by leaders of the continent on global Net-zero emissions target by 2050-2060, will further advance quest for a just energy transition.<\/span><\/p>\n<\/header>\n<div class=\"entry-content\">\n<div>\u00a0Osinbajo\u2019s spokesman, Laolu Akande,\u00a0 in a statement on Thursday in Abuja, said the vice president said this when he met with diplomats from the G-7 countries comprising the U.S, UK, <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/07\/12\/nigeria-signs-agreement-with-germany-for-repatriation-of-1130-benin-bronzes-lai-mohammed\/\">Germany<\/a>, Canada, France, Japan, and also the Republic of Egypt.<\/div>\n<div><\/div>\n<div>Other global agencies like the UN, World Bank and the International Monetary Fund (IMF), were also in attendance at the meeting held at the Presidential Villa, Abuja.<\/div>\n<div><\/div>\n<div>The vice president, who spoke after a presentation of Nigeria\u2019s Energy Transition Plan, and brief comments by the diplomats and country representatives, said the plan was geared toward the actualisation of a Pan African initiative.<\/div>\n<div><\/div>\n<div>\u00a0\u201cDeveloping a common African narrative is absolutely important because it sets the stage in providing a clear vision and a clear objective to have a Pan African initiative.<\/div>\n<div><\/div>\n<div>\u201cThe broad-based coalition will ensure that the private sector and government work together in driving the processes and the nuances are adequately taken care of.<\/div>\n<div><\/div>\n<div>\u201cIt is important that we factor in all the nuances across the continent.<\/div>\n<div><\/div>\n<div>\u201cThere is a great deal of enthusiasm and support for the country\u2019s energy transition plan.\u201d<\/div>\n<div><\/div>\n<div>He said the Federal Government had adopted intentional approaches including the setting up of an Energy Transition Office, among others to coordinate the processes.<\/div>\n<div><\/div>\n<div>Earlier, the Minister of Environment, Alh. Mohammad\u00a0 Abubakar, emphasised the need to have a Pan-African transition plan that would ensure a shared vision on the continent\u2019s position at the forthcoming Climate Change Conference.<\/div>\n<div><\/div>\n<div>He assured development partners and members of the G-7 countries of Nigeria\u2019s firm commitments to the net-zero emission targets.<\/div>\n<div><\/div>\n<div>\u00a0On her part,\u00a0 Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, said\u00a0 authorities were making\u00a0 efforts to ensure stability in fiscal and monetary policies.<\/div>\n<div><\/div>\n<div>She said that\u00a0 stakeholders especially in Africa must define their\u00a0 common interest and leverage existing opportunities to build new partnerships.<\/div>\n<div><\/div>\n<div>In his remarks, the UN Resident and Humanitarian Coordinator in Nigeria, Mr Matthias Schmale, commended the leadership of the vice president in developing and implementing an energy transition plan, pledging the UN\u2019s support toward its actualisation.<\/div>\n<div><\/div>\n<div>\u00a0In the same vein, the U.S. Ambassador to Nigeria, Mary Beth Leonard, said the U.S. would support initiatives aimed at creating conducive environment for investments in the sector.<\/div>\n<div><\/div>\n<div>\u00a0She acknowledged the emergence of a movement championing common initiative for Africa\u2019s energy transition, describing Nigeria\u2019s plan as a manifestation of country\u2019s position on energy transition.<\/div>\n<div><\/div>\n<div>\u00a0The UK High Commissioner to Nigeria, Catriona Laing, said in addition to what her country planned to do in the area of off-grid solutions, more UK investors had indicated interest in the country\u2019s renewable energy sector.<\/div>\n<div><\/div>\n<div>\u00a0Also, the World Bank Country Director in Nigeria, Mr Shubaham Chaudhuri, commended ongoing efforts to reform Nigeria\u2019s energy sector.<\/div>\n<div><\/div>\n<div>He called for more investments in off-grid solutions while pledging the support of the bank for initiatives adopted by government.<\/div>\n<div><\/div>\n<div>\u00a0In separate remarks, the representatives of the EU, Republics of France, Germany, Japan, Canada, and Egypt, the IMF and the UN Development Programme (UNDP), all commended Nigeria\u2019s leadership toward the actualisation of an African initiative for energy transition.<\/div>\n<div><\/div>\n<div>Top Federal Government officials present at the meeting included the Minister of Power, Mr Abubakar Aliyu, Minister of State for Power Mr Goddy Jedy-Agba.<\/div>\n<div><\/div>\n<div>\u00a0The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Mr Mele Kyari and the Managing Director of the Rural Electrification Agency, Mr Ahmad Salihijo Ahmad, among others were also at the meeting.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Vice President Yemi Osinbajo says a Pan-African position articulated and promoted by leaders of the continent on global Net-zero emissions target by 2050-2060, will further advance quest for a just energy transition. \u00a0Osinbajo\u2019s spokesman, Laolu Akande,\u00a0 in a statement on Thursday in Abuja, said the vice president said this when he met with diplomats from [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":24329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[238],"tags":[6616,871,870],"class_list":["post-34798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreign","tag-pan-africa","tag-prof-yemi-osinbajo","tag-vice-president"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Pan-African coalition \u2018ll 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