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Industry stakeholders to discuss Nigeria’s Energy transition

Oriental News set for 2026 confab on Nigeria’s renewable energy strategy

Credible News by Credible News
June 6, 2026
in Development, Economy, News, Oil & Gas
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Managing Director and Chief Executive Officer of the Rural Electrification Agency, REA, Abba Abubakar Aliyu is expected to lead discussions on Nigeria’s renewable energy strategy at the 2026 Oriental News National Conference scheduled for July in Lagos.

Managing Director and Chief Executive Officer of the Rural Electrification Agency, REA, Abba Abubakar Aliyu is expected to lead discussions on Nigeria’s renewable energy strategy at the 2026 Oriental News National Conference scheduled for July in Lagos.

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The Managing Director and Chief Executive Officer of the Rural Electrification Agency, REA, Abba Abubakar Aliyu is expected to lead discussions on Nigeria’s renewable energy strategy at the 2026 Oriental News National Conference scheduled for July in Lagos.

The conference, which will hold at Radisson Blu, Ikeja, is themed “Carbon Capture: Accelerating Decarbonization Initiatives in Nigeria’s Extractive Industry Through Broad Regulatory Reforms.” It will bring together energy companies, government agencies, financial institutions and industry experts to examine strategies for reducing carbon emissions across Nigeria’s energy sector.

Organisers said the event will also address a sub-theme focused on finance challenges, investment strategies, operational sustainability and climate change management, reflecting growing concerns over how to fund and sustain decarbonisation efforts in the country.

Aliyu is expected to engage stakeholders on the REA’s role in supporting the Federal Government’s broader energy transition agenda, particularly through expanded renewable energy deployment aimed at reducing carbon emissions and improving electricity access in underserved communities.

Nigeria’s energy transition is anchored on its Energy Transition Plan which targets net-zero emissions by 2060. The plan is backed by a $410 billion investment framework designed to expand grid infrastructure, promote clean cooking solutions and modernise the power sector.

A key component of that transition is the Distributed Access through Renewable Energy Scale-Up (DARES) programme, a $750 million World Bank-backed initiative expected to provide electricity access to more than 17.5 million Nigerians through solar home systems and mini-grids.

The REA has been deploying solar mini grids in rural communities to help bypass weak transmission infrastructure and support productive use of power in businesses, healthcare facilities and other critical services. This is expected to form a major part of Aliyu’s presentation at the conference.

Also Read: FG  announces implementation of $750m rural electrification project

Nigeria is also pushing local manufacturing of solar panels, inverters and other standalone renewable systems as part of efforts to deepen domestic value chains, create jobs and reduce dependence on imported energy technologies. Government incentives, including tax holidays for independent power producers and targeted feed-in tariffs, are aimed at attracting more private investment into the sector.

The conference comes as Nigeria’s oil, gas, petrochemical and manufacturing industries face increasing pressure to align operations with global sustainability standards and lower emissions.

According to Oriental News Nigeria, now in its fifth year, the annual conference is designed to provide a platform for dialogue among stakeholders in the energy, finance and industrial sectors on regulatory reforms, investment opportunities and industry-led solutions that can support economic growth while advancing environmental sustainability.

The event will feature keynote presentations, panel sessions and thematic discussions involving participants from the petroleum industry, manufacturing sector, financial services, and regulatory agencies. Organisers say the discussions will explore decarbonisation pathways, regulatory gaps and financing constraints slowing Nigeria’s progress toward its emissions targets.

The summit will also showcase case studies from operators that have made notable progress in meeting decarbonisation goals, offering participants practical insights into balancing environmental commitments with business performance.

In a statement by Yemisi Izuora, the organisers disclosed that the event will also address a sub-theme focused on finance challenges, investment strategies, operational sustainability and climate change management, reflecting growing concerns over how to fund and sustain decarbonisation efforts in the country.

Aliyu is expected to engage stakeholders on the REA’s role in supporting the Federal Government’s broader energy transition agenda, particularly through expanded renewable energy deployment aimed at reducing carbon emissions and improving electricity access in underserved communities.

Nigeria’s energy transition is anchored on its Energy Transition Plan which targets net-zero emissions by 2060. The plan is backed by a $410 billion investment framework designed to expand grid infrastructure, promote clean cooking solutions and modernise the power sector.

A key component of that transition is the Distributed Access through Renewable Energy Scale-Up programme, a $750 million World Bank-backed initiative expected to provide electricity access to more than 17.5 million Nigerians through solar home systems and mini-grids.

The REA has been deploying solar mini grids in rural communities to help bypass weak transmission infrastructure and support productive use of power in businesses, healthcare facilities and other critical services. This is expected to form a major part of Aliyu’s presentation at the conference.

Nigeria is also pushing local manufacturing of solar panels, inverters and other standalone renewable systems as part of efforts to deepen domestic value chains, create jobs and reduce dependence on imported energy technologies. Government incentives, including tax holidays for independent power producers and targeted feed-in tariffs, are aimed at attracting more private investment into the sector.

The conference comes as Nigeria’s oil, gas, petrochemical and manufacturing industries face increasing pressure to align operations with global sustainability standards and lower emissions.

According to Oriental News Nigeria, now in its fifth year, the annual conference is designed to provide a platform for dialogue among stakeholders in the energy, finance and industrial sectors on regulatory reforms, investment opportunities and industry-led solutions that can support economic growth while advancing environmental sustainability.

The event will feature keynote presentations, panel sessions and thematic discussions involving participants from the petroleum industry, manufacturing sector, financial services, and regulatory agencies. Organisers say the discussions will explore decarbonisation pathways, regulatory gaps and financing constraints slowing Nigeria’s progress toward its emissions targets.

The summit will also showcase case studies from operators that have made notable progress in meeting decarbonisation goals, offering participants practical insights into balancing environmental commitments with business performance.

 

Crediblenewsng.com

 

Tags: Abba Abubakar AliyuOriental NewsRural Electrification Agency
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Recent News

Dates can lower cholesterol and improve digestion

June 6, 2026
Managing Director and Chief Executive Officer of the Rural Electrification Agency, REA, Abba Abubakar Aliyu is expected to lead discussions on Nigeria’s renewable energy strategy at the 2026 Oriental News National Conference scheduled for July in Lagos.

Industry stakeholders to discuss Nigeria’s Energy transition

June 6, 2026
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