Odey asked the Nigerians to consider the task of building a low carbon economy as their collective responsibility, adding that all must begin to promote cleaner energy sources such as solar, hydro, wind geothermal as means of achieving improved power supply in the country.
“We should also promote and use energy efficiency products in our homes and offices. With this, we would be contributing to the efforts at combating global warming and climate change”, Odey said.
The Minister, while speaking in the international conference on Renewable Energy Growth in Africa (IREC), tasked the conference to explore and harness all forms of alternative energy sources in order to meet the energy demand of Nigeria’s population and introduce successful financing mechanisms for renewable energy projects.
IREC Chairman Professor A.M.A Imevbore said that the renewable energy can be deployed much faster and will reach more rural and semi-urban people more rapidly than electricity from fossil fuel.
Imevbore, however, said the renewal energy policy and master plan cannot be successfully implemented without the necessary legal framework to back it up.
In the absence of the law backing the roll-out of the renewable energy master plan is hampering investment and development in the sector.
Imevbore felt that a law must be enacted by the National Assembly which will include various incentives like feed-in-tariffs, special tariffs, caps and free duty.
