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Declining Oil Revenues Led Cross River To Renewable Energy – Commissioner

by admin
March 25, 2024
in Governance
Reading Time: 1 min read
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Prince Eka Williams, the Cross River State Commissioner for Power and Renewable Energy, shared that the pursuit of solutions to declining oil revenues led them to explore other sources of generating energy and power. At a recent energy workshop in Calabar, Eka said the state will use energy to restore the fortunes of the state.

The workshop tagged ‘Energy Cross River 2024: Redefining The Energy Architecture of Cross River Using Sustainable Fuels’, the Commissioner emphasized that “The energy sector is one of the most outstanding ways of bringing the State back to winning days.”

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He noted that the drop in production capacity and prices of petroleum products, amongst other reasons, promoted the State to “strategize and implement quick-win initiatives to attract conventional and alternative investments to finance development projects.

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He called on stakeholders, experts in the energy and power sectors, as well as consultants, to brainstorm on how best to utilize the vast energy endowments of the State to boost the economy.

Tags: calabarcross rivereka williamspoweerprincerenewable energy
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