Energy

Energy Transition

Accelerating Nigeria’s Energy Transition for Sustainable Development

By Chukwuemeka Anyikwa The quest for a sustainable energy future in Nigeria is both urgent and complex, as revealed by Professor Magnus Onuoha during his recent appearance on the Development Report Program. The President of the Governing Council for the Renewable Energy and Energy Efficiency Association Alliance pointed out a troubling reality: over 80% of […]

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Fuel hike

Fuel Price Hike Triggers Economic Strain in Nigeria as Citizens and Businesses Struggle with Rising Costs

By Deborah Ogbole Nigeria’s recent fuel price increase has caused significant concern among citizens and businesses. For many Nigerians, the impact is even more severe, as independent marketers are selling fuel at rates nearly 400% higher than the previous prices. Despite the immediate pain caused by rising fuel prices, the removal of the subsidy is

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Energy Solutions

Waste-to-Energy Solutions: Transforming Nigerian Cities

By Ify Onyekwere The vibrant airwaves of People’s 105.5FM carried an insightful discussion that has the potential to reshape the energy landscape of Nigeria. The radio edition of The Development Report, titled “Waste-to-Energy Solutions for Nigerian Cities,” featured Nwankwo Nnenna, a Climate Change and Energy Expert who passionately shared her vision for a cleaner and

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Energy trends

Global Energy Trends: Navigating Challenges and Opportunities

By Ify Onyekwere A recent edition of The Development Report Show explored the pressing issues of global energy trends, featuring Dr. Peter Ekweozor MNI, former Director of Environmental Sciences at the Nigerian Federal Ministry of Innovation, Science, and Technology. Dr. Ekweozor’s insights on the 17th of August 2024 illuminated the complexities surrounding climate change, energy

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Sustainable Travel

Pioneering Sustainable Travel to Reduce Carbon Footprint

By Ify Onyekwere The University of Sussex is making significant strides in reducing its carbon footprint through an innovative initiative aimed at promoting sustainable travel. The initiative, known as Trees for Trips, encourages visitors attending open days at the university’s Falmer campus to opt for public transportation instead of driving. By choosing buses, trains, or

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Dangote Refinery Propels Nigeria’s Global Resurgence

By Cecilia Attah After years of grappling with the importation of refined oil products, Nigeria is now actively engaged in restoring its refining capabilities to reshape its economic destiny. With the country’s status as a leading oil producer in Africa with extensive crude oil reserves, Nigeria has long faced challenges in refining its own oil,

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Nigeria-Germany $500 Million Energy Accord: Transformative Strides in Sustainable Power and Global Competition

By Cecilia Attah In a groundbreaking stride toward a greener future, Nigeria has recently sealed a monumental $500 million deal with Germany, transcending traditional boundaries in the realms of renewable energy and gas production. The agreement, inked between Union Bank of Nigeria, Germany’s DWS Group, Riverside LNG of Nigeria, and Johannes Schuetze Energy Import AG,

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Green Energy in Africa: Germany’s Commitment to Sustainable Development

By Emem Ekanem Berlin, November 20, 2023 – In a momentous stride towards sustainable development, Germany has unveiled an unprecedented commitment of four billion euros (approximately 4.37 billion dollars) to be invested in green energy initiatives across Africa by 2030. This monumental announcement, delivered by German Chancellor Olaf Scholz during the G20 Compact with Africa

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Africa’s Energy Challenges and the Need for Renewable Energy Solutions

By Ejiofor Agada With its vast and diverse landscape, Africa faces significant energy challenges that hinder its growth, development and well-being. The continent is grappling with inadequate access to reliable and affordable energy, militating against progress in healthcare, education, and industrialization sectors. At the same time, Africa, like the rest of the world, is acutely

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Divergent Visions: OPEC’s Development Outlook Amidst Global Energy Transition

By Emem Ekanem Despite mounting efforts from the International Energy Agency (IEA) to limit climate change, the Organization of the Petroleum Exporting Countries (OPEC) on Monday stated that it expects the demand for crude oil to continue to grow over the next two decades. The oil producer group said that it would require a whopping

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