President Bola Ahmed Tinubu stressed the critical necessity for Nigeria and Africa to attract investments in alternative energy, facilitating a successful and complete shift towards sustainable energy.
During a panel discussion on African Green Industrialisation at the sidelines of COP 28, President Tinubu highlighted the pressing need for fresh investments in pivotal sectors. He emphasized Africa’s significant potential to contribute to the burgeoning global green economy while effectively adapting and transitioning.
Aware of Africa’s minimal contribution to global carbon emissions yet bearing an unequal economic burden for transitioning to cleaner energy, President Tinubu underscored the importance of robust risk management strategies. He emphasized Africa’s imperative not to fall prey to the disruptions accompanying climate change mitigation measures, advocating for a swift and comprehensive transition to cleaner energy sources.
“Global manufacturers must partner with us to invest in the health of our collective environment. Africa doubles as an unrivaled opportunity in this respect.
“We are removing all obstacles that are inhibiting progress as Africa’s largest economy. The investment environment is becoming cleaner and better,” he said.
