Vice President Kashim Shettima has reiterated Nigeria’s readiness to tap from the $130 billion global hydro- gen market by partnering with the Repub- lic of Germany in the development of its green energy sector.
The idea, according to him, was the advancement of the country’s hydrogen market in line with its renewable energy objectives and the global energy transition plan from fossil to green sources. Shettima said this yesterday when he received on a courtesy visit to the Presi- dential Villa, a German delegation led by a member of German Parliament and Hydrogen Commissioner, Federal Ministry of Education and Research, Mr. Till Mansmann. According to a release by his spokes- man, Stanley Nkeocha, underscoring the importance of strong partnership between Nigeria and Germany, the Vice President, said: “We cannot run away from the fact that sooner than later we have to do away with fossil fuels and resort to green energy for a sustainable world and an inclusive economic growth.
“We appreciate you and there is ample opportunity for us to partner towards the development of the 130 billion-dollars global hydrogen market projected by the World Bank to grow at 9% per annum.” On the potentials in hydrogen development, Shettima expressed optimism that if Nigeria gets its acts right, the entire African continent would equally get it right. “Hydrogen has the potential of revolutionising a lot of industries in Nigeria, including fertilizer production. “The Federal Ministry of Science and Technology is ready to partner with authorities in Germany to drive the process towards developing the hydrogen market in Nigeria and beyond.
“Partnering to develop the hydrogen market in Nigeria will positively impact the rest of the African continent given its potentials and position. The potentials are here in Nigeria. “When Nigeria gets its acts right, Africa will get it right too. You have a partner in Nigeria, in President Tinubu; you have a partner that you can trust. “Leadership is about the ability to pro- vide ideas to the problems of a nation.”
