Oil & gas investments will not make Africa a net contributor to global emissions – Verheijen
The Federal Government has reaffirmed its commitment to fostering hydrocarbon investments to address energy poverty while emphasizing that Africa is not a net contributor to global emissions. Speaking at CERAWeek by S&P Global, Olu Verheijen, Special Adviser to President Bola Ahmed Tinubu on Energy, highlighted Africa’s minimal contribution to global emissions during a session titled “Policy and People: Pathways to a Just Transition.” The session, chaired by Vera Blei, Head of Market Report & Trading Solutions at S&P Global, also featured Scott Tinker, CEO of Tinker Energy Association, and Sunita Narain, Director-General of the Centre for Science and Environment. Nigeria, along with other African and middle-income nations, continues to advocate for a just energy transition amid the global push for net-zero emissions. Under its “Decade of Gas” initiative, Nigeria has adopted natural gas as a transition fuel to support economic growth while reducing carbon emissions.
