Nigeria Pledges Net-Zero Emissions By 2060

Nigerian President Muhammad Buhari said during the COP26 climate summit that Nigeria will cut its carbon emission to net-zero by 2060.
According to Buhari, climate change is not a problem of the future but rather something that the citizens of Nigeria are facing right now.
“Desertification in the north, drought in the center, and pollution in the coast are enough evidence for all to see, Nigeria is committed to net-zero by 2060.
“In our lifetime, Lake Chad has gone from an adverse expanse of biodiversity to a shadow of itself. We are investing in renewed growth, hydro dams, and solar projects – Nigeria is not looking to make the same mistake that will be suffered in the future,” he said.
The Nigerian president added that the government was looking for partners, technology, and financing to make cleaner and efficient use of all available resources for a more stable transition in energy markets.
Buhari further stated that, even though parties to the Paris agreement are expected to transition from fossil fuel to clean energy and reach a net-zero ambition for greenhouse gas emission, Nigeria is more of a gas than oil-producing country and requires financing of projects using transition fuel such as gas.
He claimed that Nigeria can continue to use gas until 2040 without detracting from the goals of the Paris agreement.
It is worth noting that the revised national policy on climate change was approved in June 2021. As part of its plan, Nigeria plans to electrify 5 million households and 25 million people using decentralized solar energy solutions which should be a major step towards closing the country’s energy access deficit by 2030.
Nigeria has also pledged to end deforestation by 2030 as part of its measures to fight climate change.
To contact the author, email bojan.lepic@rigzone.com
What do you think? We’d love to hear from you, join the conversation on the Rigzone Energy Network.
The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy.
- Ex-Petrofac Chief Forms New Company
- Bullish Oil Market Momentum Expected This Week
- Vaalco Workover Of Etame Wells Increases Crude Production
- U.S. Is Ready to Lead Fight on Climate Change, Biden Says
- New Player Enters Malaysian Offshore Oil And Gas Sector
- Xodus Launches Transition Skills Initiative
- Neptune Methane Study To Decrease Emissions From O&G Production
- Higher Oil Prices Lift BP Profit In Third Quarter
- ExxonMobil, Pertamina To Evaluate CCS Potential in Indonesia
- Oil Steadies Ahead of OPEC Meeting
- Iran News Sends Oil Prices Lower
- Canadian Oil Collapses at Cushing
- Exxon Liza Unity FPSO Arrives In Guyana
- Chevron Eyes More Buybacks After Record Cash Flow
- Shell Generates Record Cash Flow in 3Q
- Petrobras Starts Bidding Phase For Sale Of Urugua And Tambau Fields
- ExxonMobil Comments on Protest at Largest UK Refinery
- Top Headlines: SLB Sees Multi-Billion Dollar Global Revenue in 3Q and More
- Nabors Becomes Chesapeake Preferred Drilling Contractor
- BOEM Asking For Comments On Atlantic, GoM Offshore Wind Proposals
- Analysts Release Latest Oil Price Forecasts
- First Fully Automated Land Rig Drills First Well
- Energy Crisis Threatens to Hit USA Grids
- Iran News Sends Oil Prices Lower
- Saudis Launch First Offshore Oil Platform Inspired Tourism Project
- Permian Shale Oil Is Booming Again
- Maersk Rig Drilling World Record Well Offshore Angola
- Schlumberger Sees $Multibillion Global Revenue in 3Q
- Standard Chartered Raises Oil Price Forecasts
- USA EIA Bumps Up Oil Price Forecast