Federal Executive Council Approves the 2022 Revised National Energy Policy (NEP) and the related National Energy Master Plan (NEMP)

The Federal Executive Council (FEC) approved the 2022 Revised National Energy Policy (NEP) and the related National Energy Master Plan (NEMP) on Wednesday, April 27, 2022, in Abuja.

The revised NEP and NEMP would enable Nigeria explore all energy mix available in the country towards improving generation and supply of energy for sustainable growth and development of the economy. The Minister of Science, Technology and Innovation, Dr. Ogbonnaya Onu made this assertion at a media briefing after the FEC meeting presided over by President Muhammadu Buhari.

Dr. Onu pointed out that both documents would enable Nigeria take optimum advantage of available sources of energy in the country. According to the Minister, “Nigeria has an abundance of crude oil, fossil fuels, and variants of renewable energy (solar, hydro, wind, geothermal and biomass), in commercial quantities, and a good mix of all these will greatly improve the energy supply in the country”. The NEP and NEMP were developed by the Energy Commission of Nigeria (ECN).

In his comments, the Director General, ECN, Prof. Eli Jidere Bala, said the revised NEP and the NEMP will enhance performance in the energy sector through proper coordination, because the policy will provide an instrument for the coordination of government policies in the field of energy.

The DG further explained that the NEP covers all energy sub-sectors and gives the Federal Government overall energy policy direction in the exploitation of its energy resources for national energy security and development in an environmentally sustainable manner and with the active participation of the private sector.

The NEMP is a roadmap for the implementation of the NEP that seeks to achieve the goals of policy by converting its strategies to actionable programmes, activities and projects with timelines.