Written by: Jeremiah Salaam Many African nations primarily rely on non-renewable energy sources, but how might our experience change if we invested in renewable energy instead? Non-renewable energy resources, once exhausted, cannot be restored. These include coal, natural gas, oil, and nuclear energy. On the other hand, renewable energy harnesses power from limitless, naturally replenishing […]
How Petroleum Prices Impact African Countries
Written by: Elegbeleye Paul The impact of petroleum prices on African countries has significantly influenced their economic growth or stagnation since the inception of the Organization of the Petroleum Exporting Countries (OPEC) in 1960. Over the years, the price trends of petroleum have been shaped by global events, market demands, and technological advancements. This article […]
Prospects of Renewable Energy in Nigeria
Industries with greenhouse gas emissions: pixels.com In 2020, global energy demand plummeted by 4% due to grounded flights, idled factories, and home lockdowns for commuters. However, amid this downturn, a specific sector in the world’s electricity markets demonstrated resilience and growth. According to a recent report from the International Energy Agency (IEA), the generation […]