Former U.S. Secretary of State Mr. Kerry commended President Tinubu for the removal of Subsidy..
Nigeria has taken a courageous step by discontinuing fossil fuel subsidies, a move that places the nation on the precipice of a clean-energy revolution. This transformative decision has the potential to catapult Nigeria’s solar capacity to twenty times its current levels by the year 2030,” declared John F. Kerry, the United States Special Presidential Envoy for Climate and former U.S. Secretary of State. Mr. Kerry commended President Tinubu for this pivotal decision to eliminate the fuel subsidy.
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This decision marks a significant turning point for Nigeria, signifying a shift towards sustainable and environmentally responsible energy practices. The elimination of fossil fuel subsidies aligns with global efforts to combat climate change and reduce carbon emissions. It is a bold move that not only supports the global commitment to cleaner energy sources but also positions Nigeria as a potential leader in renewable energy development on the African continent.
With this courageous step, Nigeria is poised to experience exponential growth in its solar energy capacity. By 2030, the country could witness a twentyfold increase in solar power generation, a prospect that holds immense promise for addressing energy needs while reducing the carbon footprint. The transition to cleaner energy sources is not only environmentally sound but also economically advantageous, offering opportunities for job creation and sustainable economic growth.
John F. Kerry’s appreciation for President Tinubu’s decision underscores the global recognition of Nigeria’s commitment to environmental stewardship and sustainable development. It signifies a shared dedication to combatting climate change and embracing the potential of clean energy technologies to power a brighter and more sustainable future.