Tinubu: Energy Challenges Threaten Nigeria’s Future

President Bola Tinubu described Nigeria Wednesday as a crawling country in the committee of prospering economies, particularly in terms of development indices related to green energy and the environment.
He did, however, ensure that, as President of Africa’s most populous country, he is determined to shift the narrative and bring about reform in the country.
Tinubu, who hosted German Chancellor Olaf Scholz at the Presidential Villa Abuja, also used the occasion to comment on the Supreme Court’s decision to uphold his election as president, saying the decision had put an end to needless distraction from his political opponents.
“I know Germany has advanced a lot in protecting the environment and modernising energy to meet the 21st century needs of both the world and Europe in particular.
“Nigeria is still crawling, but we are determined to change the narrative and bring about a transformative government in the country,” Tinubu told the visiting German Chancellor.
Welcoming the delegation, Tinubu said: “It is a joy to see you here. It was just about a few days ago that the Supreme Court of Nigeria had a final say on our electoral exercise.
“The distraction is over. This gives us more time to focus on governance for the people and moving Nigeria forward for economic opportunities and prosperity that will defend democracy.
“In our last tête-à-tête, you made a promise that you will be visiting Nigeria and thank you and your delegation for keeping that promise. It is an honor for me to see you here.”
He said that the Nigerian business community is open to forming partnerships with Germany, which has one of the greatest economies in Europe.
The President reminded Scholz that Nigeria, Africa’s greatest economy, is also endowed with a favorable environment, favorable weather, and mineral riches.
“Our hydrocarbon industry is still fledging environmentally while we are moving towards the transition energy source.
“You are very welcome with your delegation to partner with us in terms of education, power, mineral resources and all the other opportunities. We have gone a long way to bring about the security of our people.
“You will have noticed, I don’t need to go about the various problems happening in the Sahel region of Africa. You’ve seen and noticed the coup in Guinea and recently in Niger republic.
“We had people diplomatically managing the situation. The need for you to help in that aspect of security will be emphasised and we will continue to require your knowledge. We thank you for the past contributions, particularly police, law enforcement training. We need more help.”
Scholz, the German Chancellor, stated that Germany remains committed to democracy and the rule of law. He stated that it is critical for nations to adopt this as a way of life, and that it is beneficial to our people’s future.
Scholz, the German Chancellor, stated that Germany remains committed to democracy and the rule of law. He stated that it is critical for nations to adopt this as a way of life, and that it is beneficial to our people’s future.
“I’m very happy that we can work on this discussion, even on the question on how we can continue to support you in doing the best and having this insecurity questions in your country as well.
“We will go into the details later, but I can assure you that we will continue our support and our cooperation also in this field. One of the main aspects for cooperation will be developing the economy and using the economic opportunities of your country.
“As you already said, there are a lot of chances not just from gas and oil, which is traditionally linked to your country, but there’s a lot of room for improvement and for better using the capacities of your country, but also for going into investments for the future, which is about hydrogen and all the things that are important for an economy that is able to produce all the necessary goods for the people without harming the environment.”
The German leader began his two-day visit to Nigeria on Sunday and will hold talks with government officials and players in the private sector during his stay in Africa’s biggest economy.