According to Nigeria’s vice president, Yemi Osinbajo, the country intends to build roughly 250 gigawatts of solar power plants by 2060 as part of investments in green hydrogen during the energy transition.
The vice president also urged the diligent execution of an energy transition plan that included ten years’ worth of gas proposal.
This information was revealed by Mr Osinbajo on Thursday in Abuja during the publication of the book Understanding Natural Gas: A Nigerian Perspective.
He said: “Nigeria’s energy transition plan attempts to chart a pathway forward because we see solar and renewable energy as the bedrock of that plan. And the plan is to develop about 250 gigawatts of solar plants by 2060, which is when we intend to achieve the net zero.
“The plan also outlines our decarbonisation strategies in the area of power, oil and gas and transportation.
“But it also seeks to mitigate against the possible long-term job losses in oil and gas sector in particular because this is an industry that has dominated our economy for decades.
“I believe that investment in hydrogen is something we should take seriously. I am sure that NNPC Limited will take that into account as we plan for the future.
“We must embrace the opportunity to harness our vast natural gas resources responsibly and judiciously while simultaneously charting a path towards a cleaner and greener future,” Osinbajo said.