• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, August 29, 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

Nigeria requires $410bn to achieve energy transitional plan by 2060

Energy

The Matters Press by The Matters Press
November 26, 2022
Reading Time: 1 min read
0
Nigeria emerges Africa biggest energy sector

The Federal Government says Nigeria requires 410 billion dollars to achieve its energy transition plan by 2060 to address challenges and policy flexibility in the sector.

RELATED POSTS

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

Tinubu succeeding where Obasanjo failed woefully, says TMSG

Mr Timipre Sylva, the Minister of state for Petroleum Resources, said this at the 7th Meeting of National Council on Hydrocarbons in Minna.

The theme of the meeting was: “Roadmap and Strategic Option Towards Achieving Energy Transition in Nigeria”.

Sylva, who was represented by the Ministry’s Permanent Secretary, Gabriel Aduda, said that Nigeria was committed to achieving carbon neutrality.

“This will end energy poverty as it will lift 100 million people out of poverty and drive economic growth forward.”

The minister of state said the country through the Solid Minerals Development Fund was on the verge of unveiling a cutting-edge technology in gold mining.

He said to this end, the Federal Government had received 34 Memorandum of Understanding (MoUs).

Sylva said seven were merged and 11 were stepped down, adding that the memos had been presented to the council for consideration.

He applauded Niger State for its large quantity of solid mineral resources and hydrocarbon deposits in commercial quantity.

The three-day meeting is being attended by stakeholders in the oil and gas sector, hydro, energy, academia, security as well as traditional leaders.

Tags: Energy
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria regains top crude oil production spot in Africa
Energy

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

August 28, 2025
Who is lying, Obasanjo or NAN?
News

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

August 28, 2025
Obasanjo campaigns for AfCFTA
News

Tinubu succeeding where Obasanjo failed woefully, says TMSG

August 28, 2025
Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Next Post
KPMG registers thousands of participants for 2022 Africa Digital Summit

KPMG registers thousands of participants for 2022 Africa Digital Summit

NBS reports increase in Inflation

Nigeria’s rising inflation consistent with global trend – Emefiele

Recommended Stories

ActionAid, SWOFON call for urgent completion of BOA recapitalisation

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
SMEs in Africa take more loans as global peers wean off debt

CAC, SMEDAN partner to boost SME growth, provide 10,000 jobs

November 25, 2023

Buhari commends BUA on supply of cement

February 26, 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

  • ‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals
  • ‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient
  • Tinubu succeeding where Obasanjo failed woefully, says TMSG

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