President Bola Tinubu has stated that Nigeria’s commitment to a balanced approach to energy transition still requires substantial investments in the oil and gas sector. He said such investments would enable the country to meet its energy demands and economic needs.
President Tinubu who stated this during a meeting with the Group Chief Executive of Standard Chartered Bank, Mr. Bill Winters, called for a just energy transition that supports vulnerable communities across the nation.
President Tinubu highlighted the importance of balancing the mutually beneficial shift to green industrial growth and energy with the immediate energy needs of Nigerians.
He also highlighted strategic projects across different sectors embarked upon by his administration to stimulate economic growth.
He reiterated his commitment to sustaining ongoing economic reforms and measures to stabilize the economy.
In his remarks, Mr. Winters lauded President Tinubu’s bold economic reforms, noting the international investment community’s recognition and support.
