The Federal Government’s commitment to reducing carbon emissions is gaining faster traction. The commitment as encapsulated in the Nationally Determined Contributions under the Paris Agreement, aims for net-zero emissions by 2060. These NDCs include concrete steps like ending gas flaring by 2030, promoting efficient gas generation, and achieving 30 per cent energy efficiency by 2030.
The Director of External Affairs, BAT West and Central Africa, Odiri Erewa-Meggison, explained that BAT Nigeria aims to leverage solar power as a catalyst for socio-economic development. This, he noted, includes providing access to clean energy solutions that improve livelihoods, enhance productivity and drive inclusive growth across Nigeria.She noted: “Our commitment to responsible business practices extends beyond environmental initiatives.
She explained that the firm’s state-of-the-art solar power plant at its Ibadan manufacturing facility serves as a ground breaking project, insisting that its investment in renewable energy demonstrates BAT Nigeria’s commitment to reducing its environmental impact and supporting the government’s environmental objectives. She further noted that the solar power plant aligns perfectly with the company’s commitment to responsible resource management.
Stakeholders at the inauguration of the project also agreed that the solar power plant also presents a compelling economic opportunity for the company. They noted that the reduced dependence on traditional energy sources is expected to translate into cost savings, which can then be reinvested into further advancements in technology and potentially product development, ultimately strengthening the company’s market position.