KEYNOTE ADDRESS PRESENTED AT THE FIRST ANNUAL RENEWABLE ENERGY DAY BY MR. JOHN ODEY

KEYNOTE ADDRESS PRESENTED AT THE FIRST ANNUAL
RENEWABLE ENERGY DAY BY THE HONOURABLE MINISTER
OF ENVIRONMENT MR. JOHN ODEY ON MONDAY 20
DECEMBER 2010

PROTOCOLS

It is a great pleasure for me to be here with you today on this
maiden edition of the National Renewable Energy Day. This occasion
provides additional opportunity of enhancing awareness on the need
for energy efficiency and renewable energy technologies as part of
our national development agenda.

The Renewable Energy Programme, an initiative of the Federal
Ministry of Environment, was established in May 2010 as part of our
National efforts at tackling the challenges of Climate Change
through voluntary emission reduction. Also the Programme is
expected to integrate into others as a key component of the
national development agenda especially the national energy policy,
which is a key policy of the present administration.

The primary purpose of the Renewable Energy Programme is to
explore the available sources, technologies, economics, regulatory
and policy challenges of renewable energy infrastructure
development in Nigeria. I am therefore optimistic that today’s forum
shall facilitate interactions among policy makers, industry players,
academia and other stakeholders, with a view to proffering key
recommendations on how to develop necessary renewable energy
infrastructure to support the country’s economic growth process.
The Renewable Energy Day is therefore aimed at proactively
engaging stakeholders in the energy sector to grow our energy
sources and facilitate action towards provision of sustainable, clean
Environment-friendly energy system to combat the current energy
shortage in the country. It is expected that discussion at this Forum
will centre on the policy and regulatory structure, finance and
investment profile, workable renewable and alternative energy
sources as well as integration of the local content program.

The Federal Ministry of Environment is currently working in
collaboration with the States and Private Sector Practitioners on the
renewable aspect of power generation in Nigeria. This is also with
the aim of deriving benefits through the carbon market structure of
the United Nations Framework Convention on Climate Change.
Some of the pioneering efforts that are ongoing include bio-fuel
production from sweet sorghum in Ekiti State, bio-fuel production
from sugarcane by Adamawa State Government and Green Carbon
Afrique as well as rice to energy programme by Adamawa State and
Carbon Quest. Also, the use of wind and solar energy are currently
being explored by Synergent Powershare Group in Kaduna and
Cross River States. I believe that this conference will further
enhance synergy among the development agencies, finance
institutions and other stakeholders for renewable energy
development in Nigeria.

Government is already working on efficient finance mechanisms for
the renewable energy program in order to attract more investors. I
urge all stakeholders to see the Renewable Energy Program as an
opportunity not only to propel greater economic development of our
nation but also to create a cleaner Environment for our children
through reduction in greenhouse gases generation.

I thank you all.

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