Abuja: Mr. Tony Attah, Managing Director of Renaissance Africa Energy Company Ltd., highlighted energy insecurity as a significant challenge affecting development in Nigeria and across Africa. Attah, represented by Mr. Igo Weli, Vice-President, Relations and Sustainable Development, spoke at an Oil and Gas Seminar organized by Renaissance Africa Energy Company in collaboration with the Public Service Institute of Nigeria (PSIN). The seminar was attended by directors and senior government officials.
According to News Agency of Nigeria, Attah emphasized the importance of access to reliable energy for industrialization, economic growth, and improved livelihoods, pointing out that millions of Africans still lack adequate access to energy. He noted that energy security is crucial for productivity and competitiveness, impacting small businesses and manufacturers. Attah explained that the high costs of diesel for electricity generation illustrate the burden energy insecurity places on production costs.
Attah stated that Renaissance is committed to addressing Africa’s energy challenges and promoting industrialization across the continent. He described the company as a Nigerian firm with continental ambitions, aiming to become a leading energy company in Africa and addressing energy security challenges. The company focuses on driving industrialization through increased energy supply, as economic growth relies on reliable energy availability.
Expressing concern over rising unemployment among graduates, Attah stressed the need for increased industrial activities to create jobs. He highlighted the importance of having more industries and economic activities to provide opportunities for young Nigerians entering the workforce.
On domestic gas utilization, Attah revealed the company’s goal to increase domestic gas supply from about 185 million standard cubic feet per day to one billion by 2030. He explained that while exporting gas earns revenue, domestic gas utilization is crucial for industrializing the country and supporting economic development.
Weli, speaking on the collaboration with PSIN, noted that the partnership would strengthen capacity building and promote understanding between the public and private sectors. Mrs. Didi Walson-Jack, Head of the Civil Service of the Federation, echoed the importance of collaboration between government institutions and industry stakeholders for national development.
Mrs. Imeh Okon, Administrator of PSIN, stated that the seminar aimed to deepen participants’ understanding of the energy sector and its role in national development. She emphasized the importance of collaboration with the private sector to achieve innovation and efficiency in public service.
Participants, including Mrs. Rofikat Odetoro from the Federal Ministry of Environment, commended the seminar for bringing together stakeholders from various sectors and called for retirement planning programs for senior civil servants. The event attracted participants from various ministries, departments, agencies, and organizations, including the Nigeria Police Force and Nigeria Immigration Service.