
The Federal Executive Council on Wednesday approved the draft of National Policy on Renewable Energy and Energy Efficiency for the country.
The decision was taken at the weekly meeting of the council presided over by President Goodluck Jonathan.
Minister of Information, Patricia Akwashiki and the Minister of Power, Prof. Chinedu Nebo, briefed State House correspondents at the end of the meeting.
Nebo said the country is blessed with hydro, solar, wind and other sources of energy, hence the need for a policy for renewable energy.
He said the policy would promote increased access to electricity by Nigerians and improve energy mix as well as energy security.
It will promote energy efficiency.
Apart from promoting clean environment and country, the minister added that the policy would also create jobs for the nation’s teeming youths.
He said, “The overall objective of the policy is to increase access using renewable energy mix, create new business opportunities and new jobs, support global efforts towards green economies and addressing climate change problems.
“In addition, the policy will also promote and encourage efficient use of energy and energy conservation in Nigeria.
“After due consideration, council approved the Draft National Policy on Renewable Energy and Efficiency for Nigeria.”