If poorly handled, consumer fossil fuel subsidy reform or removal can disproportionately impact vulnerable households, trigger social unrest, and cause profound inequality. To ensure a fair transition, it is imperative that the subsidy removal is accompanied by adequate social safety nets, protective measures, and diplomacy.
According to the World Bank, Nigeria is ranked 171st out of 190 countries in terms of electricity access. The installed capacity of Nigeria’s power grid hovers between 12,522 to 16,384 megawatts of electricity. However, due to inadequate infrastructure, it can only provide around 4,000 megawatts on most days, as stated by the United States Agency for…
For many years, North Africa has played a vital role in supplying Europe with fossil fuels to meet its energy needs. However, as the world grapples with the urgent task of combating climate change, European energy companies are now shifting their focus towards a more sustainable power source from the sun-rich deserts of the Sahara….
Solar energy from the sun is considered unlimited and less harmful, making it a promising option for producing environmentally friendly electricity. Nigeria has a land area of 923,786 square kilometres and receives approximately 1500×109 Mega Watthour (MWh) of solar radiation annually. The average daily impact is around 19 Mega Joules (MJ) per square meter per…
Nigeria is seriously embarking on an inspiring journey towards a sustainable future. As part of its quest for solar power, the government remains intent on setting up and implementing initiatives that would harness the sun’s energy through its Energy Transition Plan. One of the epochs of this development is the recent establishment of the Solar-Cell…
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