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P. 81
ECONOMY
*This article has been edited from the original
research paper by the author of the original re-
search paper, for the purpose of placement in CO2 Attendance and Economics
this magazine. The original research paper along First let us curb the CO2 emissions
with references are available upon request. problem, and we will tackle this
by implementing carbon capturing
techniques that are the easiest to
John Igbokoyi is a 4th year engineering student integrate. Of the three main com-
at the University of Victoria in Canada, where There are two problems of a tech- bustion processes (pre-, post-, and
nical nature to tackle here: adequate
he is majoring in electrical engineering, and oxy-fuel combustion), post-combus-
electricity provision, and CO2 emis-
minoring in mechanical systems, backed up by sions reduction. I propose that these tion would be the easiest to tackle
courses to strengthen his business acumen. He is two problems are easily resolved, first. Methods such as MOF (metal
organic framework) – designed
were the political issues handled.
involved in the stock market, as well as projects nano-sponges (these are organic-in-
Here are a few sub-issues at hand:
in the aerospace industry, and energy sector. • The Nigerian electrical system is organic hybrid crystalline porous
He has spent time studying and understand- in need of a deep dive renova- materials consisting of a regular
array of positively charged metal
ing applicable knowledge necessary for the sus- tion. ions surrounded by organic 'linker'
• Renewable energy is decades
tainable development of the infrastructure and molecules) would be a suggestion.
away from becoming a sole
economy of a society, for progress and most source of energy. Another method is passing the flue
importantly socio-economic benefits. He believes • Able Nigerians are fleeing the through a liquid amine compound
that absorbs most of the CO2; at
country to perceived greener
that one must at all costs pursue that which they exhaust carbon capture should be
pastures.
believe they are destined to do; with dedication, • The understanding of the ne- investigated.
focus, and commitment, and the relentless pur- cessity of an organized collab- On the backend of this process
suit of all that is good, anything is possible. oration is either missing or not lies the economic benefit of the
accepted.
j.o.i.335.am@outlook.com captured carbon for uses in fire
• Over-congestion leading to air
pollution of the major Nigerian extinguishers, carbonation of soft
drinks, refrigerant/coolants, fro-
cities has proven detrimental for zen food manufacture for decay
human living, and mental health. prevention, urea production for
Yes, there is a strong correlation fertilizers, and medical grade carbon
between a clean environment
and a sound mental health. for preservation of artificial organs
and in cryosurgery. Yes, this will be
an expensive venture, but consider-
DEVELOPMENT ing the 2019 $448.12 billion USD
Clean energy is a term used to de- GDP as recorded by the World
note energy from renewable energy
sources that omit little to no CO2, Bank, and according to the DMO
(Debt Management Office) a total
ranging from solar, hydro, wind, debt (external and internal) of $79.5
ocean, hydrogen, geothermal, to billion USD as of March 31, 2020, a
biomass. As early as 2001, solar has ten year project timeframe will put a
been a topic of discussion as seen
between then Jigawa State Governor profitable dent in our coffers.
and GDP per Capita grew by 100%, By effectively reducing CO2 emis-
145%, 218%, 952%, and 425% Ibrahim Siminu Turaki, and SELF sions at the second largest source,
respectively.* Same criteria measured (Solar Energy Light Fund Execu- we can make headway towards
tive) director Robert Freling. Nigeria
for USA and Mexico respective- would benefit greatly from solar reducing it at the largest source:
ly: USA (26, 42, 5, 194, 132), and energy and wind energy due to its automobiles. However, this discus-
Mexico (43, 163, 69, 403, 251).* The sion is not meant to discuss electric
media paints a picture of poverty, strategic location. A careful analysis vehicles, but I will suggest an idea
but the real issue is strategic mis- of the map of Africa will reveal or two that can be picked up about
only 12 of the 55 countries do not
management, and a missing manu- border the ocean. that. And I propose that Nigeria is
facturing sector. beyond capable of dominating the
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