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March 23, 2023

NEITI dey warn Nigeria against quick energy transition

Nigeria-Extractive-Industries-Transparency-Initiative-NEITI.

The Nigerian Extractive Industry Transparency Initiative (NEITI) don warn against premature energy transition.

The Executive Secretary,  Orji Ogbonnaya Orji,wey give the warning for the National Dialogue on Energy Transition for Abuja, yarn say the watchdog don drop the study wey dem see about the implications of the transition.

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About the warning wey hin give, hin talk say make dem no allow Nigerians rush do energy transition without thorough analysis of the comparative advantage and implications on the resources, economy and livelihoods of the citizens.”

The thing wey dey there be say NEITI wey dey work with international Secretariat of the Extractive Industries Transparency Initiative (EITI), don do some study to find out the implications and impacts of energy transition on Nigeria oil and gas sector in particular and economy.

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