The Aliko Dangote energy development plan for the continent, particularly within Nigeria’s energy landscape, ultimately targets self sufficiency. Africa’s age-long challenge of energy poverty that is empirically evidenced by significant energy shortages now has a lasting solution. This “go-getter” in the corporate world has moved in to try and resolve the nagging energy deficit that national governments have found difficult to handle under corporate management arrangement. Now that the table is set for real business in the energy sector on the continent, the society shall soon begin to witness the realistic deployment of his effective organisational ability to provide adequate, reliable, and affordable energy that meets the needs of society. This will not in any form impede on the ability of future generations meeting theirs.
Energy sustainability, therefore, is the continuously assured energy-capacity power-bank of force that moves objects or causes physical change, without any form of interruption to the future generation’s energy life cycle.
The Dangote Group’s massive investment in LNG projects unprecedented success for the continent’s energy ecosystem to achieve the long expected energy stability from the efforts and activities in the energy supply chain. It comes with well planned logistics of 4000 trucks that would run on compressed natural gas (CNG) for delivery. There are also future plans for further modernised logistics with reduced emissions by the introduction of electric trucks. This particular investment represents very positive action being taken in the right direction by a key global player, who offers to provide self-sufficient energy solutions. Dangote Group, therefore, has unequivocally declared and prioritised energy security as sacrosanct; and a rudimentary factor towards industrialising the continent. In another dimension, the Group is equally contributing toward climate change mitigation and global warming adaptation measures, by toning down the carbon footprints in carbon emissions (greenhouse gas emissions) through an energy mix consumption mode of LNG that is a cleaner fuel; and CNG, though fossil-sourced as a hydrocarbon based natural gas). Their energy compliance to the UN’s SDG 7 (Affordable and Clean Energy) investment goals however, further focuses on renewable energy projects in wind power and solar.
This investment in the energy sector targets 20,000 MW of power generation against current supply that hovers around 4,500 MW. The Dangote Group’s involvement will, in no small measure, ensure the availability of reliable power, thus serving as the foundation of the continent’s economic stability. Africans in general should not take this lightly or for granted. It is, indeed, a hope-awakening development in the continent’s energy ecosystem. We salute this ambitious vision against energy poverty in the continent (particularly in Nigeria), the programmed exploits by the Group for energy security and sustainability.
Industrialising the continent by reason of these visible economic pillars at sight, with key infrastructural enablers being put in place in the relevant economies, the intended outcomes are assured. Energy sustainability for Africans, with the promising energy self-sufficiency being actualised from the developments Dangote is engaging in the LNG deals, reinforces all possibilities that the continent is no longer far from being an industrialised continental region.
Aliko Dangote’s critically observed remarks over the continent that the three basic needs for Africans are energy, fertiliser and industrial inputs, suggests that a successfully actualised programme of activities in the Group’s long-term business plan, shall meaningfully project the continent to a definite realization of the long overdue industrialised dreams for the continent.
The relevant economic sectors in all the African economies would be directly repositioned to record very high rated performances in their respective economic sectors for growth profiling. This lifetime and generational opportunity in the field of commerce demands that all investments along all known economic value chains ought to simultaneously key in and do exploits in their respective fields, to achieve the necessary organisational goals.
The Dangote Group should not just be seen as a continent’s economic facilitator but also as a catalyst for needed regional industrialisation. Nigeria, being the home base, where this world class business magnet is domiciled is expected to benefit the most in the ongoing economic revolution through the recent investments in the energy sector by the Dangote Group. Every organ in the nation’s fragile economy, shall by no means, start to be revived and resuscitated; with happenings in the energy sector of the economy because the impetus for change through work done in the related sectors shall be enormous, with the privilege of economic low hanging fruits at their disposal.
Dangote, with the latest energy investments in LNG deals, should be saluted!
- business a.m. commits to publishing a diversity of views, opinions and comments. It, therefore, welcomes your reaction to this and any of our articles via email: comment@businessamlive.com
Aliko Dangote’s great talk on energy sustainability (2)