This book provides an insight into the complexities of weaning Nigeria from its fossil fuels addiction while growing the economy on low carbon trajectory. Nigeria faces a carbon catch 22 with the proliferation of renewable energy alternatives and scale-up of electric vehicles. The dilemma Nigeria is confronted with is to grow its fossil-led economy or face the challenge of its fossil infrastructure becoming stranded assets. It is a roadmap for plotting an environmentally benign path out of the country’s economic, social and environmental crises. This book is, therefore, a valuable resource for students, Civil Society Organizations, policymakers, academics and climate change adaptation practitioners who are interested in finding an environmentally sensitive path out of Nigeria’s economic cul-de-sac fostered by the decarbonization of the global energy economy. Findings of this study will trigger a national conversation on the looming exit from fossil fuels. In doing so, accelerate the integration of renewable energy into the Nigerian national development plan while building a carbon neutral society. Lessons learnt from the handling of Nigeria’s precarious circumstance will be of immense benefit to other oil prospecting, oil producing and non-producing nations who are interested in finding an equitable way of pursuing two inversely related goals of meeting their decarbonization commitments while simultaneously growing their economies in the post-Paris era.
Author(s): Augustine Sadiq Okoh
Publisher: Springer
Year: 2020
Language: English
Pages: 254
City: Cham
Preface
Acknowledgements
Observations
Key Takeaways for Government
Contents
List of Figures
List of Tables
List of Maps
1 Dawn of a New Age
The Gathering Storm
Analytic Hub of the Study
Cross-Cutting Challenge of Modern Age
Technological Shift: A Snapshot
Oil: Black Gold or Devil’s Excrement?
Electric Vehicles Versus Internal Combustion Engine Vehicles Debate
Oil: A Disaster Waiting to Happen?
An Apocalyptic Vision of Oil Age
2 COVID-19 and Nigeria
Origin of Coronavirus
Economic Implications for Nigeria
Effect of Coronavirus on the Global Economy
Implications of Fossil-Fuel Exit Strategy and COVID-19 for Nigeria
Where Did We Go Wrong?
Common Solution for Climate Change and COVID-19
3 Political Economy of Fossil Fuel Exit
A Time to Change the Game
Economics of Natural Resources Production
Emergence of Green Growth in Nigeria
Energy, the Environment and Global Warming
Nigeria’s Carbon Catch-22
Impact of Oil on Nigerian Economy
Cost of Oil in Nigeria
State of the Environment in Oil Producing States
4 Fossil Fuel Exit: Which Way Nigeria?
Changing Landscape of Climate Policy in Nigeria
Oil Sector Regulatory Regime
Petroleum Industry Bill: Peril or Prosperity?
Implications of the PIGB for Nigeria’s Future Without Oil
Nigeria’s Energy Status
Low Carbon Transition: Myth or Reality?
Building a Post-Fossil Fuel Future
Resource Curse: Myth or Reality?
Detractors to Building Nigeria’s Low Carbon Future
The Search for an Alternative
5 Making the Post-vision 20:2020 and NDC Blueprints Efficient as Phase-Out Strategies
Preparing for the Post-fossil Fuel Era
The Outcome of ERGP
NDC and Nigeria’s Decarbonisation
Criticisms of the Paris Commitment
Challenges of NDC Implementation
NDC and Post-COVID-19 Recovery
6 Roadmap to Nigeria’s Future Without Oil
Diversification as Fossil Fuel Exit Strategy
Transcending Policy Implementation Gap on Economic Diversification
Refocusing Policy Towards Looming Economic Doldrums
Making the Future Without Oil Energy Efficient
Towards an Inclusive Green Growth Society
Bamboo: Tool for Building a Post-Fossil Society?
Limitations of Bamboos to Strengthening the Low Carbon Growth
Imperative for a National Policy on Bamboo Cultivation
Bamboos for Sustainable Development
7 Gender Relations and Forest Resource Management in Post-COVID-19 Age
Changing Role of Gender in the Post-COVID-19 Age
Constraints to Gender Sensitive Forest Resources Management
Gender and Forest Resources Management in the Coronavirus Age
The Post-COVID-19 FRM We Want
8 Green Economic Recovery in Post-COVID-19 Era
Economic Stimulus for Post-COVID Era
Green Economic Recovery Tools in Post-COVID-19 Era
Economic Stimulus Package in COVID-19 Era
Clean Energy Transition
Constraints to Clean Energy Future in Nigeria
Maximizing Clean Energy Transition in the Green Economic Recovery Plan
Pathways to Clean Energy Future in Post-COVID-19 Era
Nigeria: Now What Next?
9 Aligning the New NDC with NESP
Overview of the Extent NESP Aligns with NDC
Nigeria Economic Sustainability Plan: An Overview
Objectives of the NESP
Gaps in the Nigeria Economic Sustainability Plan
Impediments to Synchronizing the NDC to NESP
Analysis of Aligning the NDC and NESP
Bridging the NDC and NESP Fissure
The Way Forward
10 Beyond Oil Age
The Way Ahead
The New Normal
The Post-Carbon/COVID-19 Future We Want
Appendices
Appendix 1
Appendix 2
Appendix 3: Priorities of Agriculture Promotion Policy
References
