President Bola Tinubu, on Monday, in Abuja, called for an equitable balance between fossil fuel and green energy in the race for the energy transition.
He also urged the United States and other developed nations not to forget Nigeria and Africa’s challenge with poverty as the world transitions into clean energy and Cash Withdrawals
“The new energy we are talking about represents just five per cent of global energy requirements. We must find the right balance between new energy and fossil fuel because we have the problem of poverty in Africa,” Tinubu said during a meeting with the United States Assistant Secretary of State, Bureau of Energy Resources, Geoffrey Praytt, at the State House, Abuja.
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The Special Adviser to the President on Special Duties, Communication and Strategy, Dele Alake, disclosed this in a statement he signed on Monday titled, “President Tinubu seeks better cooperation with us over energy transition.”
President Tinubu presented his perspectives to the US delegation on the role of Nigeria as an oil-producing country and the importance of revenue from fossil oil to national economic well-being.
“Nigeria is an oil-producing nation and a developing economy that needs revenue from fossil fuel for growth and development,” he stressed.
The President assured that the country will honour all its obligations to climate change and quest for clean energy.
