Nigeria and other African countries pushing for energy transition with gas as a temporary option may face serious challenges in securing capital for power plants and gas infrastructure.
NGRI’s Tengi Gorge-Ikoli and Aaron Sayne noted in the report that as the world moves away from fossil fuels, pro-gas voices in and outside of government should explain to the public why gas is the best fuel to help their country reach its energy, economic, and climate goals. It added that gas for power generation in that context could then arguably be a more reliable option, adding that as technological advancements are made to address the intermittency issues, renewables will become more competitive.
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