Home Business Ex-Vice President proffers solutions to end energy poverty   
BusinessNews

Ex-Vice President proffers solutions to end energy poverty   

Share
Share

By Chioma Obinagwam

 

Using Renewable Energy systems and minigrids can provide a reliable and affordable solution to Africa’s energy poverty problem according to Prof. Yemi Osinbajo, SAN, GCON.

 

 

The immediate past Vice President who is also Global Advisor at Global Energy Alliance for People and Planet, added that GEAPP and himself are committed to reducing the cost of deploying such solutions alongside providing clean, reliable and affordable power in the continent.

 

 

Osinbajo spoke today during a side event organised by GEAPP, the World Bank and Africa Minigrid Developers Association, AMDA tagged “Powering Prosperity in Africa by Scaling DREs and Minigrids” at the Africa Climate Summit taking place in Nairobi Kenya.

 

 

DREs are Distributed Renewables Energy systems are (stand-alone and off-grid systems as well as mini-grids) that generate and distribute energy independently of a centralised electricity grid.

 

 

Prof. Osinbajo who gave the opening remarks noted that the “objective is clear: we are here to discuss how to accelerate the deployment of sustainable minigrids in Africa to power our people’s lives and livelihoods, ultimately fostering prosperity on our continent.

 

 

“Globally, nearly 8 out of 10 people without electricity live in Africa. At the current rate of progress, 595 million Africans will remain unconnected in 2030. These numbers underscore the urgency of our mission.”

 

 

He went on to explain the advantages of adopting DREs and Minigrids, as a way of complementing traditional grids. His words: “Distributed Renewables Energy systems, DREs, and Minigrids offer a faster, more cost-effective solution.

 

 

“According to the World Bank, unleashing the potential of minigrids can improve the lives of approximately 500 million people, reduce carbon emissions by 1.2 gigatons, and create 2 million jobs globally. In Nigeria, where I’ve witnessed first-hand, minigrids have significantly improved livelihoods.”

 

 

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Start your career with NNPC Limited

Start your career with NNPC Limited
Start your career with NNPC Limited

Member

Don't Miss

Why NCC plans to unveil incident reporting guidelines

W Please follow and like us:

Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...

Related Articles

Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been...

In four photos, NCC reacts to Executive Order on Critical National Information Infrastructure

By Chioma Obinagwam The infrastructure of the Nigerian Communications Commission (NCC) has...

10 men that changed the face of banking in Nigeria

The Nigerian banking sector has undergone significant transformations over the decades, thanks...

Denmark’s Consul General, FC4S Lagos, others collaborate for enhanced access to dairy products

By Chioma Obinagwam For Nigeria to achieve its nutritional goals, its teaming...

Advertisements