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Experts task FG on investment in modern power infrastructure

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Some experts in the power industry have urged the Federal Government to prioritise investment in modern power infrastructure to mitigate frequent system collapses.

The experts made the urge in separate interviews on Sunday in Lagos.

Recall that on March 28, the national electricity transmission network, otherwise known as the grid, collapsed and plunged millions of homes and businesses into darkness.

This marks the fourth collapse of the grid in the first three months of the year.

Commenting on the development, National Coordinator, Coalition for Affordable and Regular Electricity (CARE), Mr Chinedu Bosah said system collapse could be stopped by reversing the power privatisation and investing more in modern power infrastructure.

Bosah said that such investment must be carried out transparently, and under the democratic control of workers and consumers.

This, he said, would forestall the usual corruption and inefficiency linked to public investment.

He said that if transmission infrastructure had to be upgraded, it would require massive investment, but had to be pursued to achieve public interest.

“If the ruling elite continues to see investment from the point of personal enrichment, very little will be achieved.

“Hence, all subsequent investments must not be determined and handled by the corrupt bureaucracy.”

According to him, it has to be people-oriented, transparent and managed by workers and consumers if it has to achieve its set goals.

The expert said, “System collapses have come to stay, it is now part of the electricity value chain and it is multifaceted.

“It is also a system collapse when the distribution companies reject load electricity and plunge communities into darkness or distribute electricity through poor facilities and infrastructure.

“It is a system collapse when the GenCos fail to generate more electricity for Nigerians.”

Bosah said that apart from the plan to increase power generation from 3,500 MW to 6,500 MW, the minister of power should also have told Nigerians how to achieve it.

“We expect the generation companies to make such a promise and show the plan to achieve this, not the minister.

“In other words, 6,500 MW for a population of over 200 million people cannot be celebrated. It is a feat that endorses our backwardness and underdevelopment.

“The generation of 6,500 MW will still leave many Nigerians in darkness,” he said.

Bosah condemned the clamour for the privatisation of the Transmission Company of Nigeria (TCN), saying, “they have not learnt anything from the failure of the privatisation of the generation and distribution aspect of the power sector.”

“It would have made sense if the GenCos and DisCos are doing very well. But in fact, the GenCos have not added 1 MW since privatisation while the DisCos are distributing darkness in most cases,” he added.

He said that the problem with GenCos, DisCos, and TCN were major companies, put together, to actualise profits for the owners and the managers.

The Chairman of the Customer Consultative Forum of Festac/Satellite Town, Mr Akinrolabu Olukayode, called for a thorough audit of past investments.

He alleged that there had been diversion of funds into private pockets and therefore advocated for a change in management.

He suggested an injection of fresh talent to combat corruption and inefficiency.

“There is no way that you will obtain a different result when you keep adopting the same approach.

“It is when you change the approach that you can visibly obtain a different result.

“It is crystal clear that the huge investment in the energy sector is diverted into a private purse for personal gains,” he added.

He said that the accumulated effects of consistent failure to utilise budgeted funds for the maintenance of the national grid were responsible for the collapses.

“The projected increase from 3,500MW to 6,500MW in the next six months is doable and feasible.

“The power generating plants in Nigeria have 11,165MW capacity.

“There are 23-26 power generating plants, out of which Jebba and Shiroro are hydro plants, suffering water management presently.

“The largest power plant (Egbin) is having a shortfall of 514MW and Geregu, 230MW, and many others.

“If the management of gas and water supply is adequately tracked and maintained with 11,165MW capacity, the realisation of 6,500MW will be a walkover for the minister without any further ado,” Olukayode noted.

He said that the privatisation of TCN might be an option but not necessarily the most appropriate panacea to the lingering power shortage.

Energy

Alake unveils gender strategy for mining, steel sector

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The Minister of Solid Minerals Development, Dr Dele Alake, has unveiled a document for Women in Mining in Nigeria (WIMIN) strategy document.

Speaking at the event, he described the strategy as a significant mile stone in the sector.

He said that the move was a demonstration of the commitment of the Ministry of Solid Minerals Development (MSMD)‘ and Ministry of Steel Development in fostering diversity.

He said that the strategy is aimed at promoting gender equality and women‘s empowerment, adding that its focused on driving productivity for the nations‘ sustainable development.

“It also focuses on improving the opportunities for women to benefit from both sectors sustainably in policy, regulatory, operational, and commercial (large scale, medium scale, small scale, and artisanal levels), and value and supply chain roles.

“This strategy is not just a document but a call to action and a blueprint for all stakeholders to create a more inclusive and gender-balanced mining and steel sector.

“It provides a guideline and framework to guide both ministries, their agencies, and stakeholders to integrate gender equality and women’s empowerment priorities in their policies, programmes, and initiatives,” he said.

He acknowledged the indispensable contributions of women to the success and sustainability of the mining sector, saying that their talents, expertise, and perspectives are critical to the success and growth of the industry.

According to him, Nigeria is not immune from the biases perpetuated against women in these two sectors.

In addressing the situation, he said that the Federal Government has prioritised gender equity and female participation in its “Roadmap for the Growth and Development of the Nigerian Mining Industry.”

He said as part of the efforts of MSMD and Ministry of Steel Development to implement the roadmap, the Mineral Sector Support for Economic Diversification (MinDiver) engaged a consultancy to develop the gender strategy.

He said that to achieve the objectives of the strategy, its institutional capacity would be strengthened for effective gender mainstreaming.

He added that that women’s participation in leadership and governance roles within the mining sector and communities would be increased.

“Promoting women’s economic empowerment and rights and eliminating all barriers (structural and systemic) that hinder women’s meaningful participation, access and control over mining resources and benefits,” he said.

The Minister added that they were committed to building partnerships across a wide range of stakeholders in achieving the vision of the strategy.

He said that the WIMIN strategy was firmly rooted in the principles of equality, diversity, and empowerment, and  a call to action for stakeholders mobilisation toward a more inclusive and gender-balanced industry.

Earlier in her remarks, the National President of WIMIN, Dr Janet Adeyemi, described the launch of the strategy as an opportunity to galvanise support and implement actions to address the entrenched gender disparities within the mining and steel sectors.

Represented by the National Secretary, Mrs Emily Ofodile, she said that women within these industries continue to encounter multifaceted barriers that hinder their full participation and advancement.

On her part, the Permanent Secretary of MSMD, Dr Mary Ogbe, urged, women to be change agents at all levels, and urged all organisations to have gender focal persons to help in coordinating all related matters.

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Energy

Tree4Life Project: NEPL/Seplat JV, Edo sign reforestation agreement

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The NNPC Exploration and Production Ltd/Seplat Energy Joint Venture and the Edo State Government have signed an agreement that will see the state government allocate 6,000 hectares of land from its protected forest reserves to enable a large-scale tree planting initiative by Seplat Energy Plc.

This is in furtherance to the Seplat Tree4Life Initiative and the Edo State Government’s identification of the need to increase forest cover and carbon sequestration efforts within the region.

Seplat Energy has been selected as the partner to implement this reforestation project, which aims to plant millions of indigenous trees on the allocated land over the next five (5) years. This project represents a significant investment in environmental conservation and sustainable development for the state.

Speaking at the agreement signing ceremony, which happened in Edo State Government House, the Managing Director, Seplat West Limited, Seplat Energy, Ayodele Olatunde, said the partnership will contribute in the global efforts around mitigating the effects of climate change, whilst providing economic, social, health and other environmental benefits to the region.

“This will stir more advocacy as far as climate change is concerned and put the Edo State Government with the Seplat JV on the map as change agents. The partnership is well aligned with our Tree4Life Initiative and has the capacity to boost our economy and the environment; advance our soil health and drive carbon capture; preserve our ecosystem; enhance biodiversity; create jobs; conserve our forests; and promote physical and mental wellbeing of our people,” Olatunde said.

The Commissioner for Environment & Sustainability, Edo State, Joshua Omokhodion, said the synergy between Edo State and the Seplat JV is a huge attempt at mitigating the impacts of climate change in Nigeria.

“Beyond the economics of this move, the science of it is very important to us because it is an attempt to deliberately create an ambience that will be conducive for humans and other creatures here.”

The Director, External Affairs & Social Performance, Seplat Energy, Chioma Afe, in her address, thanked the Edo State Government for partnering with the NEPL/Seplat JV on this sustainable journey of reforestation.

She said, “This will drive forward our shared goals of environmental conservation and sustainable land use.”

“These 6,000 hectares of land being allocated today, we believe, will provide a major boost to efforts at increasing tree cover and also to sequester carbon in our region. We believe also that this will not only tackle climate change, but will promote the local economy as well as local wildlife. The agreement demonstrates the NEPL/Seplat JV strong commitment to supporting impactful environmental projects,” Afe explained.

The Managing Director, NEPL, Nicolas Foucart, represented by Mr. Uzoma Ezulu, DM Operations Management Seplat, NEPL, said the partnership between the state government and NEPL/Seplat JV is a laudable response to the global warming crisis.

“The world is turning around for the worst; human activities in the name of development have done more harm than good to the environment. The Tree4Life project, therefore, is a conservative effort for all of us,” he said. Teasoo Consulting Limited was also among the facilitators of the agreement signing ceremony,” Nicolas said.

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Energy

Fuel queues will end soon — Reps assure Nigerians

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The House of Representatives, has reassured that the long queues at filling stations in the country, will soon fizzle out soon.

Chairman, Petroleum Downstream, Rep. Ikenga Ugochinyere, said this at a joint news conference in Abuja on Wednesday.

“We hereby express our concerns over the temporary presence of fuel queues in petrol stations across the country.

“However, we are convinced that this is temporary based on our investigation, and in a couple of days, we shall get over it,” he said.

Flanked by Rep. Henry Okojie, the Chairman, Petroleum Midstream, Ugochinyere said that investigations had revealed that the scarcity was artificial.

“We have discovered that there is availability of petrol products. We have it on good authority that we have in our storage facilities at least, about 1.5 billion liters of petrol,” he said.

He said that 1.5 billion litres can last for 30 days.

“We have gotten assurances from the regulators in the distribution value chain that these bottlenecks have been cleared. In the course of this public holiday, more grounds will be covered.

“From our findings, the issues that necessitated the disruptions that led to the appearance of fuel queues in petrol stations have been cleared.

“They said that it would take a few more days for things to return to normalcy, while calling on Nigerians not to panic over this development.

“We have gotten assurances from the regulators and the unions that these challenges will be cleared in a few days,” he said.

Ugochinyere added, “It will require more time, like two to three days, for products to be distributed to all stations nationwide.

“As a committee that is charged with downstream and midstream oversight, we have been monitoring this development.”

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