Download or read book Renewable Energy Resource Utilization in Nigeria written by Osahon Omoregie and published by . This book was released on 2020 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The urgent need to de-carbonize the world economies, ensure energy security and sustainable development has engender a global resort to renewable energy resource utilization. While some jurisdictions are investing heavily on its deployment, Nigeria seems to be lagging behind, perhaps, due to its continuous reliance on a fossil fuel driven economy and other systemic challenges. The paper explore the potentials and benefits of renewable energy resource utilization in Nigeria. The paper argue that in line with global trends, if Nigeria truly desire to meet its commitments under the Paris Accord and Sustainable Development Goals targets, it should accelerate its investment and development of renewable energy resources. To surmount barriers and challenges militating against Nigeria's renewable energy agenda, the researcher concludes by recommending the removal of fuel subsidy to allow for a level playing ground for investors; and the need to leverage on investment opportunities by enacting fiscal laws and policies that encourage foreign investment, promote public private partnerships, facilitate Research and Development, ensure efficient technology transfer, and proper development of renewable energy resources in the country.