Sunday, January 29, 2023
  • Home
  • Markets & Companies
  • Business & Economy
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result
  • Home
  • Markets & Companies
  • Business & Economy
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result

NNPC boss tasks African govts on energy sufficiency

Ehime Alex by Ehime Alex
February 3, 2021
in BUSINESS & ECONOMY, Energy, Front Page
0
Energy demand will be unstable in 2021 – Report
0
SHARES
26
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has called on African governments to leverage technology and innovation to achieve energy sufficiency and its economic multiplier effect.

Kyari said this while delivering a speech, ‘Navigating Energy Transition and the Imperatives of University-Industry Collaboration.’

READ ALSO

Zelenskyy names Ezekwesili, others ‘Grain from Ukraine’ envoys

Absence of sacrifice hurting our polity, elections – Enechionyia

“African governments and institutions must rise to the occasion to leverage technology and innovation to support energy sufficiency, industrialisation, job creation, and economic growth,” Kyari stated.

Read Also:

  • Afrinvest, Interswitch, Obiano, UBA lead top 10 performing brands
    Afrinvest, Interswitch, Obiano, UBA lead top 10 performing…
  • Absence of sacrifice hurting our polity, elections – Enechionyia
    Absence of sacrifice hurting our polity, elections –…
  • Scholarly opportunities in W’Africa and youth development
    Scholarly opportunities in W’Africa and youth development

He hinted the NNPC was positioned to build new technologies and innovative business models, to enable it to play an important role in the future of energy.

“NNPC has set the necessary machinery to lead Africa in the transition to low-carbon energy and renewables. We are taking [a] firm position in this transition by institutionalising the necessary enablers for success,” Kyari noted.

According to him, the corporation has established a renewable energy division and completely transformed the NNPC’s research and development division to ‘NNPC Research, Technology and Innovation Centre.’

However, the NNPC boss stressed that the oil industry alone could not drive substantial innovation without sustained collaboration with universities, research institutes, manufacturers, policymakers, and regulators.

He maintained the energy transition could not be complete without the right investment climate, capital, effective regulation, stakeholders’ commitment, supportive infrastructure, and an innovative business environment that could accommodate the anticipated changes.

Kyari further observed that the diversification of energy sources would improve global access to energy and reduce the number of people without access to energy, especially in developing countries.

He suggested that the new energy transition must be fashioned towards creating a balanced landscape that supports diverse groups of people’s development and energy needs.

Tags: AfricaEnergy sectorTechnology adoption

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Ehime Alex

Ehime Alex

Ehime Alex reports the Capital Market, Energy, and ICT. He is a skilled webmaster and digital media enthusiast.

Related Posts

Zelenskyy
EMPIRE

Zelenskyy names Ezekwesili, others ‘Grain from Ukraine’ envoys

January 27, 2023
Absence of sacrifice hurting our polity, elections – Enechionyia
EMPIRE

Absence of sacrifice hurting our polity, elections – Enechionyia

January 26, 2023
Brands in Nigeria
Front Page

Afrinvest, Interswitch, Obiano, UBA lead top 10 performing brands

January 25, 2023
Rhodes Scholarships
CULTURAL CURRENTS

Scholarly opportunities in W’Africa and youth development

January 24, 2023
Christmas and New Year holidays
CONSUMER PERSPECTIVE

Frustration of bank customers during public holidays

January 17, 2023
Front Page

OAA agency celebrates as founder joins tourism experts

January 14, 2023
Next Post
Equities market sheds N164.31bn on profit-taking by tier-1 stocks 

Equities market sheds N164.31bn on profit-taking by tier-1 stocks 


Naira4Dollar Rates
ADVERTISEMENT

RECENT STORIES

Zelenskyy

Zelenskyy names Ezekwesili, others ‘Grain from Ukraine’ envoys

January 27, 2023
Absence of sacrifice hurting our polity, elections – Enechionyia

Absence of sacrifice hurting our polity, elections – Enechionyia

January 26, 2023
Brands in Nigeria

Afrinvest, Interswitch, Obiano, UBA lead top 10 performing brands

January 25, 2023
Rhodes Scholarships

Scholarly opportunities in W’Africa and youth development

January 24, 2023
Christmas and New Year holidays

Frustration of bank customers during public holidays

January 17, 2023

OAA agency celebrates as founder joins tourism experts

January 14, 2023
Ehizua Hub

Ehizua Hub, Igbinedion launch IUO Okada Hub

January 14, 2023

TRENDING

  • Brands in Nigeria

    Afrinvest, Interswitch, Obiano, UBA lead top 10 performing brands

    0 shares
    Share 0 Tweet 0
  • Scholarly opportunities in W’Africa and youth development

    0 shares
    Share 0 Tweet 0
  • Absence of sacrifice hurting our polity, elections – Enechionyia

    0 shares
    Share 0 Tweet 0
  • Oke Layipo: A wasting goldmine

    2 shares
    Share 0 Tweet 0
  • Case for petty trading and investment in Nigeria

    0 shares
    Share 0 Tweet 0
Financial Street

© Financial Street 2021. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • HOME
  • CONSUMER PERSPECTIVE
  • PERSONAL FINANCE
  • MARKETS & COMPANIES
    • APPOINTMENTS
    • COMMODITIES
    • COMPANIES
  • BUSINESS & ECONOMY
    • AGRICULTURAL ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • STARTUPS
  • CULTURAL CURRENTS
  • EMPIRE
  • CORPORATE RENDEZVOUS