Creating a sustainable future for the energy system in Nigeria was the topic that brought together leading energy policy makers, investors and industry leaders in Lagos for the inaugural EI Energy Sustainability Conference in October.
Under the theme ‘Energy dynamics: current issues and policy options’ the conference addressed not only the country’s significance as the biggest oil producer in Africa but also the energy technologies that are vital to getting electricity to 93 mn people living without it and meeting the country’s commitments under the Paris Agreement. Nigeria has ambitious targets to expand electricity access to 75% of the population by 2020 and 90% by 2030, and to generate 30% of total energy from renewables by that time. The triple focus of the sessions encompassed the big issues facing Nigeria – postpetroleum industry reforms, accelerating renewables uptake and growing and stabilising the electricity system.
Keynote speaker, former Nigerian Minister for Power Dr Lanre Babalola, discussed shifting the paradigm in Nigeria from production for revenue generation towards a more sustainable, strategic energy policy. He emphasised the need to provide for the ‘social basics’ which in turn create the conditions for manufacturing and economic development.
Other speakers included EI Chief Executive Louise Kingham, EI Nigeria Branch Chairman Osten Olorunsola FEI, CEO of Frontier Oil and President of the Nigerian Gas Association Engr Dada Thomas and Managing Director of ND Western Dr Layi Fatona.