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Home»Energy»Power»Nigeria Commits To Decarbonization But Resolute In Hydrocarbon Development- Minister
Power

Nigeria Commits To Decarbonization But Resolute In Hydrocarbon Development- Minister

By Orientalnews StaffJune 25, 2025No Comments3 Mins Read
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Valentine Okafor

The Minister of Power, Adebayo Adelabu, has highlighted the pivotal role of Nigeria in shaping Africa’s energy future through high-level engagements.

Adelabu, also emphasised Nigeria’s pragmatic approach, stressing that while the country is committed to decarbonisation, its vast hydrocarbon resources remain vital for economic and energy security—a stance aligned with Nigeria’s President Bola Tinubu’s vision.

He spoke during a panel discussion on energy transition, at the 2025 Africa Energy Forum in Cape Town, South Africa.

According to the Minister, no energy transition agenda can succeed without a well-structured policy framework.

The Minister, who participated in a closed-door Ministerial Roundtable, shared Nigeria’s strategies for aligning policy, regulation and financing to drive efficiency and unlock investments in critical energy infrastructure.

During a panel discussion on energy transition, Adelabu emphasised Nigeria’s pragmatic approach, stressing that while committed to decarbonisation, the country’s vast hydrocarbon resources remain vital for economic and energy security—a stance aligned with Nigeria’s President Bola Tinubu’s vision.

He asserted that no transition agenda can succeed without a well-structured policy framework, highlighting Nigeria’s recently approved National Integrated Electricity Policy as a blueprint for harmonising power generation, transmission and distribution, including gas-to-power and renewable expansion.

Adelabu outlined key investment priorities, including grid modernisation to enhance reliability, increased renewable energy integration, and decentralised energy solutions, such as mini-grids and solar home systems.

“Nigeria is open for business across the entire energy spectrum —from hydrocarbons to clean energy,” Adelabu declared, sending a clear message to global investors.

The Minister also held strategic bilateral talks with key stakeholders, including South Africa’s Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, where both leaders agreed on the need for a stronger African voice in global energy forums like the G20.

They explored market reforms, including Nigeria’s privatisation experiences, grid expansion financing through public-private partnerships and potential collaboration between regional power pools for a more integrated continental grid.

The Minister also reaffirmed Nigeria’s commitment to deepening energy ties with the UK in discussions with His Majesty’s Deputy Trade Commissioner for Africa, Ben Ainsley.

“With the International Finance Corporation, he discussed expanding support for Nigeria’s energy compact, covering both on-grid and off-grid electrification,” Adelabu disclosed, reinforcing Nigeria’s leadership in driving a resilient, inclusive and sustainable energy future for Africa.

“Our goal is clear: energy access, sustainability and prosperity for Nigeria and the continent,”the Minister stated, concluding a series of impactful discussions at the forum.

The session brought together public and private sector leaders to accelerate project implementation and harmonise private sector capabilities with national energy priorities.

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Orientalnews Staff

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