Minister of State, Petroleum, Timipre Sylva at the weekend said Nigeria will play a key role in the global energy transition to achieve net-zero emissions, stressing that the country will stake natural gas as its favourite transition fuel.The minister who spoke at the 10th anniversary of the West African Gas Pipeline Company Limited , themed: ‘‘Driving Regional Energy’’, which held in Lagos, said the government was taking steps to expand and develop its huge gas resources .
Furthermore, the recently enacted Petroleum Industry Act will undoubtedly support Nigeria’s, and indeed the global, endeavour to eliminate energy poverty as envisioned in the UN’s Sustainable Development Goal .“The Act has generous incentives to enhance the development, distribution, penetration, and utilisation of gas, even as it incentivises entry into the midstream, ” he pointed out.
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