By Olu Fasan
Last week, I wrote about the dire economic consequences for Nigeria as a petrostate almost solely reliant on oil and gas exports. This week, I want to address another aspect of that intervention: the climate impacts of Nigeria’s deepening commitment to burning fossil fuels.
Nothing demonstrates this commitment more than the excitement over the Dangote Refinery and the government’s determination to license more private oil refineries while pursuing new hydrocarbon exploration. The economic and climate impacts of Nigeria’s fossil-fuel dependency pose existential threats to the country’s future stability. Yet, Nigeria is entrenching itself as a hydrocarbon country while paying lip service to energy transition.