Former President Olusegun Obasanjo, yesterday, urged the developed economies to work towards making energy transition process just and fair to Nigeria and other African countries.
Developed nations had severally condemned the funding, production, and utilization, arguing that they culminated in climate change and other environmental hazards.
Similarly, the Executive Chairman, African Energy Chamber, NJ Ayuk, said:"African countries need to explore and produce their energy resources, including crude oil, gas, and coal in order to generate adequate revenue for development. We need revenue for sustainable development and implementation of our energy transition plans.
On his part, the Executive Secretary, Nigerian Content Development and Monitoring Board, Simbi Wabote, urged African nations to work towards deepening local content in their respective countries, using the example set by Nigeria. "With the law in place, it is no longer possible to comply with local content requirements in the oil and gas sector on a 'best endeavour' basis'.
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