Nigeria’s energy transition plan, according to the Federal Government, needs $410 billion to be completed by 2060 in order to meet problems and maintain policy flexibility.
This was expressed at the National Council on Hydrocarbons’ 7th Meeting in Minna by Minister of State for Petroleum Resources Timipre Sylva.
“Sylva, who was represented by the Permanent Secretary of the Ministry, Gabriel Aduda, said Nigeria was dedicated to reaching carbon neutrality.
The country, according to the minister of state, is about to introduce a state-of-the-art method for mining gold through the Solid Minerals Development Fund.
Participants in the oil and gas industry, hydropower, the energy industry, academia, security, and traditional leaders are all reportedly present at the three-day conference.