A Review of the Nigerian Energy Industry

Nigeria can save N1.38bn from energy efficiency practices – UNDP

Energy efficient lighting01 November 2014, Lagos –  The United Nations Development Programme-Global Environment Facility Energy Efficiency Programme (UNDP-GEF), says  that Nigeria could save $8.49 million (about N1.38 billion) from energy efficiency practices.

UNDP-GEF’s National Project Coordinator, Mr Etiosa Uyigue, said this in Lagos while making a presentation at a seminar on “Energy Efficiency”.

The seminar was jointly organised by the Consulate-General of the Republic of Germany and the Delegation of German Industry and Commerce in Nigeria.

Uyigue said that it was imperative for Nigerians to urgently embrace the use of energy efficient lightings and appliances at homes, offices, hotels and other public places.

“Nigeria can save about 8.49 million U.S. dollars annually if Nigerians will replace their present use of lighting products with energy efficient ones.

“We need to know that the ongoing power sector reform must be able to address every aspect of energy generation.

“The UNDP-GEF has always told Nigeria to embrace and practice energy efficient lightings,” he said.

The coordinator said that the country needed to embrace renewable and efficient energy in the reformation of its power sector.

Uyigue listed the benefits of the practice to include access to steady and environment-friendly power supply, saving of income and reduced power shedding.

He also urged Nigerians to imbibe the culture of creating ventilation, provide insulation and high roofs for their buildings.

The German Consul-General to Nigeria, Mr Michael Derus, said that the seminar was organised to further enhance the existing energy development partnership between Nigeria and Germany.

Derus said that the seminar, which would be sustained, was aimed at bringing together experts from both countries to share technical know-how, experiences and practices that Nigerians could learn from.

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