• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, June 4, 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

How to tame global energy crisis — expert

Energy

The Matters Press by The Matters Press
October 3, 2022
Reading Time: 2 mins read
0
Nigeria emerges Africa biggest energy sector

Mr Olabode Sowunmi, an oil and gas expert, has observed that the country requires a collective responsibility of stakeholders in the sector to tackle the global energy crisis.

RELATED POSTS

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

FCT ground rent!: Check your name if you own property

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

Sowunmi, a senior legislative aid to the Senate President on Gas and Power, expressed this observation on Monday in Abuja.

He said that the ongoing global energy crisis was not peculiar to Nigeria which had attained 62nd of being an independent country.

He recalled that the EU, in partnership with the Federal Government, has expressed renewed interest to put mechanism in place to fund gas projects in the country to guarantee energy security in Africa and Europe.

According to him, the development will hasten the desire of EU to guarantee alternative gas to that of Russia.

He observed further that for the country to take advantage of the crisis, there should be a collective responsibility of industry players.

“The players will include the restive oil communities, regulatory authorities and civil servants in the industry.

“The whole world is in crisis when it comes to the global energy sector, renewable energy is proven not to be satisfactory and oil prices are increasing to an all-time high.

“There is crisis all over Europe and riots in a number of places.

“Governments are changing in virtually every country in Europe, even in the U.S., the Democratic Party is going to most likely lose the forthcoming mid-term elections, all of these are because of oil and gas power.

“The only thing is that Nigeria should be in a position to take advantage of the crisis, which we are not and partly that is a responsibility for all of us,’’ he said.

He said that everyone had a responsibility to play, especially the restive communities that could, in a way, get back to government to disrupt infrastructure and civil servants in the industry who connived with others to steal crude.

He said that the responsibilities of people in government were actually paramount and needed to ensure and see to proper governance system within the oil and gas industry.

“Everybody has a responsibility and what basically needs to happen is not so much of new things but persistency in doing the right things,” he said.

The legislative aide also decried the issue of “Messiah Complex” which he said needed to end in the country.

“Messiah Complex” means the idea and belief by Nigerians that one man, like a superstar, will suddenly come in and solve all our problems, is not going to happen.

“Rather it is institution system that build the nation; there must be a system against corruption and for governance.

“One man cannot stop corruption or make good governance happen, rather there must be a right system in place continually,’’ he said.

Tags: Energy
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Energy

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

June 4, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

FCT ground rent!: Check your name if you own property

June 3, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
President Tinubu outlines new economic, monetary, foreign policies
Economy/Technology

CUPP goofs over President Tinubu’s 2027 endorsement by governors

June 2, 2025
Next Post
Edo unveils plans for investment desks

Investors advocate diversified funding portfolios for entrepreneurs

Vulnerable Nigerian farmers to get $1m grant

Nigeria’s agriculture can provide jobs for youths, boost economy

Recommended Stories

Kenya hits the globe for oil investment

Stakes in increasing prices of crude oil

March 11, 2022
“Naira-4-Dollar” getting results

Naira gains marginally, exchanges at 420 to dollar

June 16, 2022
Trading in Nigerian stock market dips further N83bn

Market capitalisation rises by N1.01trn

January 19, 2024

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

  • PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF
  • FCT ground rent!: Check your name if you own property
  • Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

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