FGN to end use of Kerosene by 2030

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on the nation. It promised that by 2030, it would eradicate short-lived pollutants in the oil and gas sector of the economy.

President Muhammadu Buhari said these yesterday in Abuja at the opening of the 15th Annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria (CIBN).

The president who was represented by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, explained that “long-term greenhouse emissions have resulted in hotter temperatures, more severe rainstorms, increased drought and food security issues”.

He added: “To tackle this issue, the government has set plans in motion to significantly reduce greenhouse emissions from Nigeria. More specifically, by 2030, we aim to eliminate Kerosene Lighting as well as short-lived pollutants in the oil and gas sector.”

President Buhari promised that his administration would continue to cushion the adverse effects of inflation through its social safety net programmes.

Meanwhile, he attributed the raging inflation across the world to pent-up consumer demands after the pandemic and the Russian invasion of Ukraine.