Nigeria needs to take actions to maximize gains from the gas sector, such as aligning the energy mix with the country’s competitive advantage, withdrawing subsidies, and improving on other structural changes.
This was made known by Prof. Yemi Oke, LLM, a Professor of Energy/Electricity Law & Regulation at the University of Lagos during the recent Energy Outlook organized by Naijaonpoint held on Saturday, April 27, 2024
The discussion also focused on energy infrastructure changes and planning strategies aligned with long-term sustainability goals.
Prof. Oke highlighted the importance of the energy sector and the need to depart from the status quo, noting:
Prof. Oke advocated for government’s withdrawal of subsidies in the power sector, stating,
Discussing global realities, Prof. Oke stressed the importance of diversifying energy sources, stating,