Petroleum Minister Calls For A Globally Inclusive Energy Transition Framework - Crystalnewsonline

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Monday, February 24, 2025

Petroleum Minister Calls For A Globally Inclusive Energy Transition Framework

 




As the world moves towards cleaner energy,  the Minister of  States for Palestine Resources ( Oil), Heineken Lokpobiri, has  called for  a globally inclusive energy transition framework that reflects Africa’s unique developmental challenges.



Speaking on Monday in Abuja an  exclusive reception dinner, hosted by the Embassy of the United Kingdom of Belgium in Nigeria ahead of this year’s Nigeria International Energy Summit (NIES), Lokpobiri emphasized on  Africa’s distinct approach to energy transition.



This he said prioritizes combating energy poverty while advancing sustainable development. 



At the event  which brought together dignitaries and key players in the global energy sector, he said that all plans  will make ensures no region is marginalized in the global shift toward cleaner energy sources.



Recognizing the need for accessible energy solutions,  the Minister said he invited investors to explore Nigeria’s oil sector, clarifying that Nigeria's focus is on securing investments, not loans, to drive mutual economic growth. 



He said:" I have called for a globally inclusive energy transition framework that reflects Africa’s unique developmental challenges.



" I have  emphasized Africa’s distinct approach to energy transition, one that prioritizes combating energy poverty while advancing sustainable development. 


 

I" invited investors to explore Nigeria’s oil sector, clarifying that our focus is on securing investments, not loans, to drive mutual economic growth and ensures no region is marginalized in the global shift toward cleaner energy sources."



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