Dr. Ekpenyong, the CEO of Kenyon International, during the mini-round table discussion at the 12th Emmanuel Egbogah Legacy Lecture Series, addressed the critical intersection of climate change and the geopolitics of energy transition. With a strong emphasis on Nigeria’s unique position in the global landscape, Dr. Ekpenyong stressed the need for a nuanced approach to sustainable development.
In his address, Dr Ekpenyong emphasised the importance of evaluating regional realities when addressing climate change issues, highlighting the importance of considering both carbon emission quotas and economic circumstances. He passionately spoke on how Nigeria can generate revenue to aid the smooth transition to renewable energy sources.
One of his standout points during the discourse was Nigeria’s relatively minimal contribution to global carbon emissions. Citing Aljazeera’s publication on the 3rd of September 2023, Dr. Ekpenyong revealed that Africa accounts for just 4% of global carbon emissions. In stark contrast, major international players such as the United States, China, Russia, and Japan collectively contribute 50% of these emissions. Additionally, Dr Ekpenyong pointed out that Nigeria is not among the top three contributors to carbon emissions on the African continent, trailing behind South Africa, Egypt, and Algeria.
Dr. Ekpenyong urged a strategic approach to managing Nigeria’s finite energy resources, emphasizing the need for resource management, increased production, and resource utilization. He also highlighted the necessity of proactive measures to combat pipeline vandalism and oil theft along Nigeria’s waterways, factors that have long hindered the nation’s development.
Kenyon International, as a company committed to sustainable energy solutions, is well-prepared to assist Nigeria in optimizing its oil production through well remediation and intervention activities. Dr Ekpenyong believes that accounting for every drop of oil produced is not only vital for Nigeria’s economic prosperity but also essential for the nation’s sustainable development.
Kenyon International stands behind Dr Ekpenyong’s call for a comprehensive approach to climate change and energy transition, one that considers regional realities, promotes responsible resource management, and propels Nigeria towards a greener, more sustainable future.
Performance driven 👏
Nice one Boss
#Kenyontothe 🌎
Well done Boss
The federal govt should really swing into prompt action to put in measures to combat pipeline vandalism and oil theft.
Well spoken! Nice one boss
Well spoken. Nice one boss