Afe Babalola Advocates for Green Hydrogen Investment in Nigeria
Key Ideas
- Aare Afe Babalola advocates for significant investment in green hydrogen production for global economic development, emphasizing its importance for the nation's growth.
- The Minister of State for Environment highlights Nigeria's potential in becoming a global leader in green hydrogen production, offering a pathway to a cleaner, healthier future for all Nigerians.
- Issues of exclusion of private universities from accessing funds like Tetfund and student loans are raised, highlighting disparities in research funding between public and private institutions.
- The government expresses willingness to support the development of green hydrogen as a sustainable energy source, aiming to address energy challenges, create jobs, and boost economic growth.
During the 2024 International Hydrogen Summit in Ado Ekiti, legal icon Aare Afe Babalola advocated for massive investment in green hydrogen production for economic development globally. He criticized the exclusion of private universities in Nigeria from accessing funds like Tetfund and student loans, emphasizing the need for equal opportunities in research funding. The Minister of State for Environment, Dr Iziaq Adekunle Salako, highlighted Nigeria's capacity and international support to become a global leader in green hydrogen production, offering a cleaner and healthier future for Nigerians. Green hydrogen, produced using renewable energy sources like solar and wind, is seen as a solution to Nigeria's energy crisis, with potential to diversify energy supply and lead in global decarbonisation efforts. The government is committed to creating an enabling environment for green hydrogen development, aiming to drive job creation, poverty eradication, economic growth, and environmental health.
Topics
Production
Renewable Energy
Sustainability
Education
Economic Development
Government Support
Research Funding
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