• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, June 18, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Stakeholders want Renewable energy Summit

Energy

The Matters Press by The Matters Press
June 1, 2022
Reading Time: 2 mins read
0
Nigeria emerges Africa biggest energy sector

Stakeholders want Renewable energy Summit

RELATED POSTS

Fubara shames antagonists of emergency rule, vindicates Tinubu – TDF

Nigeria’s talent export initistive a game changer

Baba-Ahmed’s Assessment of Tinubu’s Performance lacks depth and reflects personal frustration – TDF

Dr Patrick Tolani, CEO , Community Energy Social Enterprise Ltd.(CESEL) has called for a summit to check and review the problems in the renewable energy sector to achieve set targets.

He said this on Wednesday at a two-day stakeholders engagement on Finance for rural electrification and the renewable energy sector in Abuja.

Tolani, who is also a member of the Advisory board, Renewable Energy Association of Nigeria said the call is going to identify the existing underlying issues that have weighed on the sector.

According to him , Nigeria is not delivering to target as over 1$bn have been awarded to the sector but not up up to 10% of that has been utilized due to faulty prepositions that are not working.

‘Let us get back to the drawing board and review the problems and also make amends,we wanted to deliver 10,000 mini-grids but at this point,we have delivered less than 300 mini-grids”, he said.

He said it was critical for stakeholders to sit together as a critical evaluation needs to be carried out in order to better evaluate and review policies in the sector.

“Policies are meant to be a continuous process , firstly you need to identify and set agendas, formulate, adopt executive policy, which will then be reviewed and evaluated”, Tolani said.

Meanwhile, Nigeria’s Nationally Determined Contribution (NDC) show its global commitment towards embracing sustainable development measures that limit the rate of global warming .

He said “We have also upscaled from our 45% to 47% commitment ,so we need to come together and discuss on how the renewable energy sector can be significantly involved in this.”

Jochen Luckscheiter,Country Director, Heinrich Boll Stiftung in his address said If Nigeria was to realise its vision 30:30:30 and rural electrification targets as planned, we ought to be speaking of mini-grid deployment in their hundreds by now.

Over the years, Nigeria has put in place the requisite policies, regulations, institutions and targets to increase rural electrification rates and the renewable energy capacity in the country.”

This, he said included among others, the revitalisation of the Rural Electrification Agency and Fund through the Rural Electrification Strategy and Implementation Plan .

Also through the introduction of the National Renewable Energy and Energy Efficiency Policy with its accompanying vision of 30:30:30.

“The REF has implemented two investment calls to boost rural electrification through, decentralised renewable energy and has successfully gone through its early stage development .

“They have also scaled through important learning curves, a phase of rapid growth but scaling of projects has so far failed to materialise.

” Of course things are always easier said than done,” he said

Tags: Energy
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Fubara shames antagonists of emergency rule, vindicates Tinubu – TDF
Energy

Fubara shames antagonists of emergency rule, vindicates Tinubu – TDF

June 16, 2025
Commission plans to liberate 38% illiterate Nigerians
Economy/Technology

Nigeria’s talent export initistive a game changer

June 15, 2025
Baba-Ahmed’s Assessment of Tinubu’s Performance lacks depth and reflects personal frustration – TDF
Economy/Technology

Baba-Ahmed’s Assessment of Tinubu’s Performance lacks depth and reflects personal frustration – TDF

June 15, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Energy

Military deploys 6,195 soldiers to combat terrorism, insurgency in Nigeria

June 15, 2025
Buhari underscores the opportunities in a single African air transport
Economy/Technology

Maiden flight to Ebonyi

June 14, 2025
Reasons not to attack nuclear facilities – UN
Energy

Reasons not to attack nuclear facilities – UN

June 14, 2025
Next Post
CIIN president tasks Insurance directors on manpower development

Insurance pivotal to economic growth – Director

Nigeria, WFP worry over food situation

Agency promotes smart-hybrid farming to enhance food security

Recommended Stories

Global trade’ll grow to $30tn by 2030

Nigeria, India set up business council to expand trade, investment

August 23, 2022
e-IPO hits stock market in March

Investors gain N510bn as market hits15-year high

August 29, 2023
Nigeria gets AfDB’s $14m as member of ATI

AfDB approves $20m concessional investment for COVID-19

September 22, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Fubara shames antagonists of emergency rule, vindicates Tinubu – TDF
  • Nigeria’s talent export initistive a game changer
  • Baba-Ahmed’s Assessment of Tinubu’s Performance lacks depth and reflects personal frustration – TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us