Climate Action Africa advocates multi-sector alliance to address Nigeria’s climate crisis
Post AMUGE
April 12, 2024
Business a.m. Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development in Nigeria, has called for a more impactful and inclusive approach to tackling the country’s pressing climate challenges. The call for action was made during a media briefing hosted in Lagos, where CAA shed light on the pressing issues of […]
Nigeria’s renewable scale up gets boost with 19 SEforAll grants
Post AMUGEApril 9, 2024
Business a.m. Sustainable Energy for All (SEforALL) is providing grants to 19 clean energy developers in the country to scale up renewable energy by supporting the deployment of solar and battery storage systems to businesses and institutions across Nigeria. The initiative is supported by a multi-donor results-based financing fund called the Universal Energy Facility (UEF), […]
Inaction, finance, stall renewables pacing global energy demand – REN21
Post AMUGEApril 9, 2024
GHG emissions to rise LIC only 10% renewables projects rise 1000 GW renewable needed, only 473 GW in ‘23 Investment of $1,350bn, only $623bn in 2023 Nigeria no where on radar Ben Eguzozie Despite the ongoing global heightened efforts by national governments, corporates and institutions for the world to hit a Net […]
2023 renewables use sets record
Post AMUGEApril 1, 2024
Travel, vacation spend hits $4trn in 5yrs PHILLIP ISAKPA IN LONDON, UK Two sets of global data just released and seen by Business a.m. show how records are being shattered in the deployment of renewables for power generation that would put smiles on the faces of advocates against the use of fossil fuel; and also […]
COP 28:NNPC eyes methane reduction with support from partners
Post AMUGEDecember 6, 2023
Business a.m The Nigerian National Petroleum Company Limited (NNPC Ltd.) has pledged to collaborate with global partners in the effort to cut methane emissions from oil and gas operations. NNPC made the pledge while attending the UN Climate Change Conference, also known as COP28, in Dubai, United Arab Emirates. The conference was the site of […]
Nigeria sets sights on $575bn investments in decarbonisation operations
Post AMUGEDecember 4, 2023
Business a.m The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has released a statement outlining how its Industry Sustainability Initiative (NISI) could create up to $575 billion in capital investment opportunities for Nigeria through decarbonisation. During a session at the UN Climate Change Conference 2023 (COP28), the NMDPRA explored the country’s path towards energy […]
Mo Ibrahim faults COP27’s impact on Africa’s vulnerability to climate change
Innocent ObasiDecember 8, 2022
By Innocent Obasi Mo Ibrahim, the founder and chairman of the Mo Ibrahim Foundation (MIF), has noted that the recently held United Nations Climate Change Conference (COP27), did not achieve the desired impact on Africa’s specific vulnerability to the impact of climate change. Sharing his views on the conference, Ibrahim said; “We mustn’t delude ourselves […]
Aba Power begins consumer survey, as its American partner trains 35 Nigerian professionals
BEN EGUZOZIEDecember 6, 2022
BY BEN EGUZOZIE …Set to end suppressed demand in electricity Ahead of commencement of full electricity distribution operations in Aba, an industrial city, Aba Power Ltd (APL), run by Geometric Power Ltd, has begun a survey of consumers expected to be hooked on its electricity supply grid in the Aba Ring-Fenced Area (RFA). The power […]
Dow, Empower, NORAD launch feasibility study to examine plastics circularity in Nigeria
BEN EGUZOZIEApril 30, 2021
…Partnership extends Dow’s global commitment to advance circular economy for plastics, reduce plastic waste, pollution in West Africa …Project to recycle 300m sachets …Dow, Empower working in Nigeria plastics crowdsource since 2020, with over 8,000 subscribers to date …Nigeria among world’s top 20 contributors to marine debris Ben Eguzozie, in Port Harcourt […]
New gas deal to boost Nigeria’s 1.2 tcf
BEN EGUZOZIEApril 26, 2021
…GDA, Nigeria’s first agreement separating gas development from oil production Ben Eguzozie, in Port Harcourt A new gas commercialization deal signed by the Nigerian National Petroleum Corporation (NNPC) and Sterling Oil Exploration and Production Company (SEEPCO), a private operator of the Oil Mining Lease (OML) 143, is set to boost Nigeria’s 1.2 trillion cubic […]