1/5. Facilitating broad-based economic growth for W. African countries to achieve upper middle-income status has become even more difficult of a challenge after #COVID
2/5. Access to affordable and reliable #energy is critical to the region’s development, and its abundant #naturalgas resources should underpin its energy system.
W. Africa cannot achieve high economic growth rates by framing energy policy around household energy.
3/5. While energy access an important #SDG7 metric, it offers little insight into the energy intensity required to achieve economic growth and #poverty alleviation.
The goal of policymakers must be to fundamentally transform living standards, not just alleviate poverty.
4/5. On a levelized cost basis, energy from combined-cycle natural gas turbines is more affordable than #diesel and #solar technologies when factoring in the cost of storage.
Here are highlights of what we worked on and achieved in the Office of the Special Adviser to the President on Energy (OSEA), across oil, gas and power, in 2024:
Clarified and affirmed our Strategic Direction, in alignment with the Renewed Hope Agenda:
Five landmark Presidential Directives and Incentives issued by President Tinubu: