Nigeria’s Osinbajo wants to pursue gas but also avoid fossil fuel dependency?

Earlier this month, Nigerian Vice President Yemi Osinbajo said that while the global call for a transition to cleaner fuels may be valid, it would be unreasonable for Nigeria to abandon its fossil fuel deposits at present.  He underscored that lately, natural gas had taken centre stage in global politics, particularly with the war in Ukraine and inflating gas prices, and that this was a strong reminder of the complexity of energy security many countries were now facing. At the same time he acknowledged that the growing momentum to phase out fossil fuels and discourage new investments in oil and gas, stating that Nigeria must take the call to action seriously, both for the environment and its people and economy.

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