HomeIndustry SectorsGenerationCrude oil and gas exhaustible resources for Nigeria

Crude oil and gas exhaustible resources for Nigeria

crude oil and gas
Minister of state for Petroleum Resources Ibe Kachikwu emphasises that Nigeria should consider moving away from crude oil and gas reliance. Pic credit: radio timisoara

In West Africa, minister of state for Petroleum Resources and group managing director of the Nigerian National Petroleum Corporation, Ibe Kachikwu has highlighted that reliance on crude oil and gas are no longer sustainable for Nigeria. He expressed the need to explore renewable energy as a viable solution to meet the country’s energy challenges.

Addressing the media at the ongoing World Future Energy Summit in Abu Dhabi, Kachikwu noted that the resources available to Nigeria comprising crude oil and gas are exhaustible resources as opposed to renewable energy, the Guardian reported.

Refocus on alternative energy

Kachikwu said: “We need to refocus a lot more effectively on alternative energy resources, particularly solar energy.

“There is really no reason why a country like Nigeria should not have more of its power supply from solar. President Buhari is very focused on this. This is something we are going to apply a lot more energy to in the days ahead.”

He further emphasised on the advantages that would be realised by a move away from crude oil and gas toward utilising renewables, as they would boost the country’s power supply.

“We can produce crude oil and fire gas, but ultimately, the only way to sustainably reach every nook and cranny and every citizen of our country with some level of power supply is to look towards natural sources such as solar, wind, and water resources.

“Solar used to be very expensive but the cost is dramatically coming down”, he added.

Power rationing

In other Nigerian energy news, the Daily Trust reported that customers under the Abuja Electricity Distribution Company (AEDC) and Kaduna Electric have layed complaints concerning the system of the power rationing.

Many customers, who are on estimated billing and non-meter subscribers labelled the system as unfair and have stated that they are planning to rally as they are demanding answers.

A resident from Aso C axis of Mararaba, said: “Why do we need to pay for supply when we did not get it for 15 days off and on? It is an act of exploitation and we are mobilising ourselves… [so] landlords [at] the AEDC headquarters can explain to us.”

Likewise a similar situation has transpired in the Nyanya town where some sections around Phase IV complained of power rationing.

In Kaduna city, power is also being regulated in some parts of Kawo, Ungwar Television and Yelwa; however, residents said they have witnessed the situation since December 2015 and are now seeking improvement.

Babalwa Bungane
Babalwa Bungane is the content producer for ESI Africa - Clarion Events Africa. Babalwa has been writing for the publication for over five years. She also contributes to sister publications; Smart Energy International and Power Engineering International. Babalwa is a social media enthusiast.