Author: The Nation

  • Embrace self-discipline, YABATECH’s best tells students

    Who else can share the secret to success than one who has experienced it himself?  That was why fellow National Diploma (ND) and Higher National Diploma (HND) graduands as well as principal officers and special guests listened with rapt attention as Oluwaseun Babatunde Akasoro read the valedictorian’s speech during the 33rd convocation of Yaba College of Technology penultimate week.

    Akasoro, who graduated from the Department of Civil Engineering at Higher National Diploma (HND) level, attributed his achievement to self-discipline, hard work and self-denial of present pleasure.

    He said: “To every glory, there is a story.  It takes self-discipline to leave your comfort zone. You need to limit the number of hours you spend on social media and watching football match. You must sacrifice immediate pleasure for what you want to do. There is no holiday for self-discipline. You need to create a habit because nothing good comes easy in life. It is hard, but necessary to sit down and study.”

    Akasoro thanked his lecturers for the role they played in his education and the Rector, Mr. Obafemi Omokungbe, an engineer, for peaceful management of the college.

    He was presented with many prizes, including N100,000 from the YABATECH Alumni Association; and N200,000 from Oba Owolabi Adeniyi, Maforunyomi I of Igbobi Sabe, Yaba.

    The overall best at the National Diploma (ND) was Uluata Emmanuel Kalu also of the School of Engineering.

    The rector said the convocation was for 8,411 full-time and part-time ND and HND students who graduated in the 2017/2018 academic session.

    Of the lot, he said 148 students had Distinction; 1055, Upper Credit; 1,781 Lower Credit; and 418 Pass at HND Level; and 1,009 had Upper Credit; 2,575 Lower Credit; and 1,313 had Pass at the ND Level; while 15 graduated with Professional Diploma.

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    Omokungbe said the institution had achieved a lot in his two years as rector, including attracting a number of grants.

    “Early this year, the college won the Ford Foundation project grant of $100,000 in support of the development of Yaba Art Museum. The project also incorporates advocacy against sexual harassment (SH) and gender based violence (GBV). We are indeed grateful to the Ford foundation.  Yaba College of Technology was selected as Skill for Innovation Hubs (I-hubs) Project Partner by  UNESCO-UNEVOC.  The College is one of the three institutions selected for TVET in Africa.  This selection is a reward for its long years of active contributions to technology and skills development in Nigeria,” he said.

    The Education Minister, Mallam Adamu Adamu, advised the college to work with relevant agencies, industries and researchers to address underdevelopment in the country.

    Adamu, who was represented by the Director of Tertiary Education, Dr. Joel Samuel Ojo, said:  “It is worthy of note that the curricula of the polytechnics and indeed all tertiary institutions are being reviewed and developed to include Entrepreneurship Education and Skills Acquisition as contained in the Master Strategic Plan (MSP).  To this end the collaborative efforts of all are required to transform the nation if we must join the list of the technologically advanced countries.”

     

  • The Tepperman Thesis

    Are you surprised and wondering why there appears to be challenges all over the world today? Watching cable news and other local channels is most likely to leave you extremely pessimistic about the world and the country we live in. If you’re like this writer who keeps wondering about such things then you need to read “The Fix: How Nations Survive and Thrive in a World in Decline” by Jonathan Tepperman. The timing of this 307 page book could not be better. Critical thinking is needed now than ever. On face value, no one appears to agree on fundamental ideas about governing anymore. Issues that can be resolved by dialogue are allowed to fester to the point of conflict because of the ego of elites. Manipulation appears to be a very effective and powerful tool these days.

    The grand ideological debates of the 20th and early 21st centuries – capitalism versus socialism, democracy versus authoritarianism etc – today seem too broad, tired and pointless, and little has come along to replace them. Where there are replacements, it is often unbridled nationalism couched in intolerance, agitations and ethnic tensions. Globalization, the much touted economic paradigm of our era, has become an epithet in the mouths of insurgent politicians exploiting middle-class discontent on both the right and left.

    The people in power, especially the so-called establishment, still seem surprised by the magnitude of the backlash – the emergence of Trump, the Brexit logjam, talk about Biafra and other deepening anger – and confused about how to respond. And with no one pointing a way through the labyrinth of confusion make situations even dare. Worse still, democracy – seen as the “best” system of governance – itself has seemed to curdle with people yearning for alternatives. But what alternative is the dilemma

    We are in other words utterly adrift, ideologically speaking. It’s hardly a surprise the vacuum of ideas is being filled, in the political arena, by atavistic impulses like nationalism, racism and xenophobia. Jonathan Tepperman’s answer to this “gathering darkness,” as he calls it, is to take a giant step back from the larger, paralysed debate.

    In “The Fix,” Tepperman sets aside ‘Big Think’ in favour of small think: practical, microcosmic solutions to big problems in sometimes surprising places.  From Brazil to Botswana, Indonesia to New York City, Tepperman offers what he calls “a data-driven case for optimism” at a time when “most of us have glumly concluded that our governments are broken and our domestic and international problems are insurmountable.”

    The book identifies “the Terrible Ten” and particularly difficult problems, including inequality, immigration, civil war, corruption, Islamic extremism, the resource curse, energy, the middle-­income trap (the difficulty countries have in making the leap from developmental success to wealthy-nation status) and two kinds of political gridlock: what’s not working worldwide. He argues that they are “fixable” when leaders act boldly. For each problem, Tepperman finds a free-thinking and experimental leader (or leaders) who defied the odds and achieved success.

    In the early years of this century, for example, President Luiz Ina´cio Lula da Silva of Brazil developed a ground-breaking poverty-fighting program, Bolsa Fami´lia, which gave small monthly grants to mothers to feed and educate their families. Almost to a tale, these are stories of political pragmatism in the midst of crisis, often involving battlefield conversions by unusually adaptable and able leaders unfettered by “ideological handcuffs.”

    In Brazil, the business community and economists were initially horrified when Lula da Silva, a labour leader who had experienced extreme poverty as a child, was elected president. But the “rabble-rouser metamorphosed into the Great Conciliator,” Tepperman writes, and to address Brazil’s terrible income inequality Lula launched Bolsa Família, an innovative and relatively inexpensive cash-transfer program that didn’t just give people handouts but required “counterpart responsibilities,” including government demands to use some of the money to send one’s kids to school and ensure they are immunized and get regular checkups (along with their mothers).

    Lula ended up winning over even conservatives in his country and dramatically reducing poverty, leading the former World Bank expert Nancy Birdsall to conclude that Bolsa Família is “as close as you can come to a magic bullet in development.” More than 60 countries sent experts to Brazil to study the programme.

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    Tepperman also finds successful leadership stories in Mexico, which despite its reputation for runaway corruption and drug violence began to recover under former President Enrique Pena Nieto, who impressively exploited the despair of Mexico’s political elites to forge unprecedented cooperation. In just the first 18 months after his July 2012 election, Tepperman stated that Pena Nieto “managed to bust open Mexico’s smothering monopolies and antiquated energy sector, restructure the country’s education system and modernise its tax and banking laws.”

    In Botswana, the “cleaner than a hound’s tooth” Seretse Khama lifted his country beyond its dependence on the “resource curse” of diamonds, building what was considered, for a time, one of the best-governed countries in the developing world – a system so structured against corruption that it is, for now, resisting the alleged abuses of his far less capable son, Ian Khama.

    For the past two decades, the democratic leaders of post-Suharto Indonesia have steered their country toward a moderate form of politics that has undercut Islamist radicalism. From his fascinating travelogue, Tepperman offers lessons for a world in trouble: leaders need to think outside the box, embrace the possibilities that crises present, and respect systems of checks and balances. The pragmatic reform tradition that the book illuminates is apparently still alive.

    Though the book is not long, Tepperman goes into impressive detail in each case study and delivers his assessments in clear prose, careful to describe most of his success stories as experiments that could still fail.

    Tepperman traveled the world to write this book, conducting more than a hundred interviews with heads of state – like Lula, Rwanda’s Paul Kagame, Indonesia’s Joko Widodo and other leaders – and other innovators responsible for these unexpected success stories. His access and expertise make “The Fix” a work of unusual insight, focused on the people and leadership lessons behind the policies.

    Meticulously researched and deeply reported, it presents practical advice for aspiring problem-solvers of all stripes, and stands as a necessary corrective to the hand-wringing and grim prognostication that dominates the news these days, making a data-driven case for optimism in a time of crushing pessimism.

    It is easy to look at Nigeria, and indeed, the world today and see nothing but a spiral of disorder, dysfunction, and decline. In this wonderfully engaging book, Tepperman sorted out political success stories that cut against this gloomy outlook.

    Perhaps the biggest question about Tepperman’s thesis is one he addresses but doesn’t fully answer: whether many of these programs are readily transferable to other places, or are unique to the political culture whence they sprang. In the end, for example, former Mayor Bloomberg’s version of Bolsa Família failed to gain traction in New York. But there are indications it may work better in rural than in urban areas.

    As we grapple with the myriad of “demons” tormenting Nigeria and try to make sense of them, it should be clear by now that these “demons” can be exorcised if there is the political will. Our “demons” are sometimes elite inspired, and the starting point is to stand back, take critical look at those talking or agitating and see where their interests lie. It will surprise the majority that some of these interests are driven more by personal aggrandisements than the collective good.

    Yes, there are agitations and counter agitation everywhere. Nations, like individuals face challenges and challenges can be surmounted if they are honestly faced, analysed and solutions proffered. That Bolsa Família did not work in New York did not prevent the ex-Mayor from introducing it. Let’s not be scared to sit together and talk, solutions may lie in just talking.

     

     

  • Vice-Chancellorship race hits up at AAUA

    By our reporter

    Twenty-four professors are vying for the vice-chancellorship post at the Adekunle Ajasin University, Akungba-Akoko (AAUA).  However, sources claim the race is not fair to all contenders.

    As the battle for the post of Vice-Chancellor of Ondo State-owned Adekunle Ajasin University, Akugba-Akoko (AAUA) gathers steam, there is controversy over the fairness of the screening process.

    It was gathered that 24 professors are vying  to succeed Prof. Igbekele Ajibefun, whose tenure would end in January.

    A source within the Senate of the university said the Pro-Chancellor, Dr. Tunji Abayomi, has called for the cancellation of the screening after Governor Rotimi Akerodolu’s intervention.

    The source explained that some professors had been shortlisted while others were not included in the list of qualified applicants for the post.

    The screening was scheduled to hold last Thursday (November 28) but was put on hold.  The source claimed that the committee in-charge headed by the Pro-Chancellor had been acting suspiciously.

    “Pro-Chancellor has a candidate in mind which he wants to impose. The other candidates are kicking against this because it would be unfair to other candidates that are qualified for the post,” the source said.

    According to the source, some of the professors wrote a petition against the Pro-Chancellor which was why the screening process was stopped.

    While speaking to CAMPUSLIFE on phone, the Pro-Chancellor said there was a change and the screening date had to be shifted.

    Abayomi explained that the change of date was due to unforeseen circumstances.

    “There is a change of plan because of unforeseeable circumstances. For this, the screening has been shifted. A new date will be sent to all the candidates. The reason for the postponement of the screening is that there are some unforeseen circumstances,” Abayomi said.

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    He denied allegations that some candidates were dropped from the shortlist based on zoning and districts within the state.

    Abayomi, who has been accused of tampering with the process, said all applications would be reviewed and the candidates would be notified of a new date for screening.

    He also debunked the allegation of zoning, noting that there was nothing of such and the best candidate could come from anywhere.

    He said: “Concerning zoning, there is no issue. We are just looking for the best. The best can come from anywhere. We have a total of 24 professors vying for the post, and these professors are not only members of AAUA but from all over.

    “We have advanced in shortlisting. Concerning the shortlisted applicants, for now, we are still working on it. We are reviewing all the applications and we are making progress.

    “Mr. Governor is aware of this issue and all shortlisted applicants are aware of the new development, and all we are working on is to get the best for the university.”

    However, sources also revealed that Akeredolu was unhappy about the controversies in the screening process.

    The Pro-Chancellor maintained that the controversy over the screening process would not affect the institution’s convocation this week since Prof Ajibefun’s tenure would not expire until January 2020.

    Submission of application for the position closed on August 9, 2019.

    Among the applicants for the post are Prof. Olugbenga Ige, current Deputy Vice-Chancellor, Administration; Prof. Victor Olumekun, current Director of Centre for Research and Development; Prof. Yemisi Adebowale, immediate past Deputy Vice-Chancellor, Academics, Prof. Dayo Oludoro of Faculty of Arts; Prof. Afolabi Ayonigbara, Prof. C I. Daramola, among others.

    Others in the race from other universities service are Prof. Temiloluwa Ologunorisa from Federal University of Technology, Akure and former Deputy Vice-Chancellor of Osun State University; Prof. Kayode Akeredolu from Lagos State University and currently on sabbatical as a member of the Governing Council in Ajasin Varsity amongst others. One Prof. Adetula from the United States is also interested in the position.

     

  • Yuletide: Enugu DisCo urges customers against vandalism

    The Enugu Electricity Distribution Plc (EEDC) has called on electricity consumers within its franchise area to be vigilant and ensure power installations serving them are protected from vandals this yuletide.

    Its Head of Communications, Mr. Emeka Ezeh, decried the rate at which power facilities were being vandalised across EEDC’s network, stressing that the menace was always high during the yuletide; and it is already being experienced. “No day passes without a case of vandalism recorded in three or more districts.”

    According to him, in recent times, millions of naira have been committed to replacing vandalised materials, a regular practice which has eaten deep into the company’s revenue. The effect of vandalism has untold consequences on electricity customers who depend on power to carry out their various business activities, as they are subjected to blackout and inconvenience before the material is replaced and supply restored.

    EEDC is, however, not relenting on its effort to reduce cases of vandalism through its strategic partnership with security agencies and vigilante groups. This collaboration is yielding positive result.

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    In some cases, investigations have led to the recovery of vandalised items from the residents of vandals. “These vandals are not spirits and do not operate in the air. They are human beings, our relatives, friends, neighbours and so on, who operate in the same environment.

    “We encourage you to say something once you see something. Report any suspicious movement around these power installations. Join hands with the EEDC to stop these vandals before they stop us” Ezeh added.

    In another development, Ezeh appealed to customers indebted to the company to pay their bills so they can enjoy supply during the yuletide, especially communities.

    “When customers pay their bills, we will be more efficient in our service delivery and that will translate to customer satisfaction”.

  • Lawmaker decries siting of LPG plants in residential areas

    By Musa Odoshimokhe

    House of Representatives member Hon. Kolawole Taiwo has said efforts are ongoing to initiate a bill to protect people from domestic hazards in view of the gas explosion that killed people in Lagos recently.

    Taiwo said some people were desperate to make profit by refilling liquefied petroleum gas (LPG) or cooking gas cylinders in residential areas.

    At a press conference in Lagos, he said the fire that claimed the lives of five residents of Ajegunle metropolis was due to failure to comply with precautions during gas filing.

    The lawmaker said the incident, which took place in his constituency, damaged property worth millions of naira, adding that it was due to indiscriminate establishment of gas plants. According to him, many hapless victims who sustained various degree of burns were receiving treatment in the hospitals and other health facilities.

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    He said no amount of succour could be given to the affected constituents if the issue was not holistically addressed. “It is good for us that people at the local level are now embracing gas as a cheaper, safer and cleaner means of cooking. The use of LPG reduces the unnecessary felling of trees for cooking which poses more harmful effect on climate change. This also reduces the pressure on kerosene, an important fuel for airplane.

    “However, gas is highly inflammable and our people demand for it is on the increase, so entrepreneurs now site mini-gas plants indiscriminately, across major cities of Nigeria, which poses grave danger to the locals.

    “I had to rush down here when I learnt about the development few days ago due to a barrage of calls from my constituents, and what I saw was disheartening.”

    He urged landlords to shun the pecuniary gains and consider safety when giving permission to site gas plants in residential areas, noting that even those corporate entities siting gas plants have them cordoned off in restricted areas with enough guard.

    Taiwo commended Governor Babajide Sanwo-Olu for promptly wading into the matter, adding the governor promised to foot the hospital bills of the victims.

     

  • Axxela committed to West Africa’s industrialisation

    Axxela Limited, a gas and power portfolio company, has pledged commitment to West African sub-region’s industrialisation via the build out of its natural gas infrastructure.

    Speaking at the Ghana Gas Forum (GGF) in Accra, Ghana, Axxela Head of Sales and Marketing, Tunde Baba-Agba, said: “Natural gas is now highly regarded as a key resource of the energy sector, and a key component geared towards value creation for West Africa’s economies. We’re confident that our strategic initiatives and the expansion of our operational footprint particularly within the virtual pipeline, gas processing and distribution, and embedded power spaces will help unlock the vast potential within important economic clusters across the region.”

    A Helios Investment Partners LLP portfolio company, Axxela is a designated natural gas shipper on the West African Gas Pipeline (WAGP). The company is also the pioneering private sector-led developer of natural gas distribution in Nigeria, delivering at peak 80 million standard cubic feet per day to over 175 industrial and commercial customers via a vast network of gas infrastructure. With over 280km in gas pipeline infrastructure built, Axxela provides unique energy solutions primarily through its main subsidiaries – Gaslink Nigeria Limited, Gas Network Services Limited, and Central Horizon Gas Company Limited.

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    Addressing regional collaboration and integration, Head of the Executive Committee, The Gas Consortium, organisers of the event, Senam Gbeho, said: “By implementing the right policies and decision-making structures, the region’s gas resources can be the catalyst that eliminates the continent’s distressing poverty levels. With the combined population and market size of the respective countries within the region, a real opportunity exists to collectively leverage existing gas resources, pursuant of industrialisation for economic transformation and social welfare.”

    Held annually, the Ghana Gas Forum is an indigenous knowledge resource suited to players in the natural gas industry with shared interests in policymaking and gas monetization efforts within Ghana and the sub-region. This year’s forum theme was ‘Promoting dynamic policymaking towards the optimization of regional gas resources’, with discourse centred on relevant gas policy issues that impact the sustainable development of the gas sector by promoting a cross-disciplinary understanding of policy tools and options.

     

  • Oil service industry battling lack of projects, operational costs

    Mr. Ranti Omole is the chairman/CEO of Radial Circle Group, an oil and gas service company. He is also the publicity secretary, Petroleum Technology Association of Nigeria (PETAN) – the umbrella body of oil and gas service firms in Nigeria. In this interview with reporters on the sideline of PETAN’s 2019 Clients’ Appreciation and Industry Achievement Awards in Lagos, he speaks on industry issues, EMEKA UGWUANYI was there.

    What do you think are the challenges the oil service industry is facing and what is the way forward?

    The first of the challenges is that we don’t have enough contracts  (projects) to do. This lack of projects is impacting negatively on our members as they keep paying their staff without the inflow of fresh incomes. Besides, the overhead keeps running and increasing as there are no projects to bring in fresh revenues. Secondly, since PETAN member firms keyed into the industry’s initiative to cut down the cost of production, it means their own margins from projects will start getting thinner. Despite that our firms have different services and mix of portfolios and collaborations, they are still struggling to survive. We need catalysts, we need projects to be able to stimulate the industry because  the service providers employ quite a number of people. We are a very big chain not only PETAN members but also thousands of service providers across the country supporting the oil industry. We need to get projects and that is the only way the industry can sustain itself.

    International oil companies (IOCs) are complaining about the amendment of Deep Offshore and Inland Basins Production Sharing Contract Act, how do you think this will affect the oil service industry?

    I think it is an amendment that the entire industry stakeholders need to sit back, reset and rework and look at how they can maximize the opportunities still available despite the changes in the Act.

     Are you saying it won’t affect the oil service industry at all?

    Well, if you bring in new changes whereby you begin to pay for what you were not paying for in the past,   basically, it means your returns will be lower. It will reduce returns on investment. However, in a way, it is also an opportunity for you to re-evaluate and re-examine how you do business. Some of our members are looking at it as if we have to pay more royalties but let’s also know it will push us to look at ways to cut down production cost as an industry to make our operations profitable. Currently, some operators are looking at reducing production cost by two to three dollars per barrel. It is also a kind of strength to reshape the enitre system but typically, people also need to benchmark because when you bring in a new Act to amend an existing policy, you have to look at it vis-a-vis the other competing countries in Africa that are competing for the same resources in oil and gas sector. So, for us to know whether that amendments are disadvantageous or just in line with the existing framework that we have in other African countries, we need to do a chart, benchmark, compare how we stand with other countries and if we find ourselves more on the negative side, we need to address it.

    What informed this year’s PETAN theme “The oilfield of the future: Operational excellence”?

    Basically, what informed it is that the whole world is changing. Technology is changing how things are done all over the world. We are having smart fields, Artificial Intelligence (AI), robotics, data mining and analysis. In a way, we said we need to go with the future which is intelligent, smart fields and remotely monitored fields. The topic is apt and it is also to remind us all that we cannot continue those things we do the traditional way. Not only that, if we really want to cut down cost, technology is the way whereby you have less people, less maintenance, less field visits, smarter ways of monitoring our systems and improving the efficiency of our operations. These  invariably will reduce the cost of actually running our operations. So, the topic is apt because everybody is talking about technology being the future. This started early this year at WAIPEC conference where we talked about data mining and artificial intelligence and their impacts on the sector. So it is for real and the whole industry will just have to do that.

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    Are you saying PETAN members are ready for the future?

    We are fully aware and ready. We are re-orientating our strategies and some of us are already getting involved in some pilot tests. We talked so much about it but the industries around the world are  fully ready. In some areas, we have unmanned vessels, ships and platforms using drones for inspections. Gradually, it is catching up with the entire global industry and our members too are getting involved realising that if we don’t get involved fast, we will be left behind. Considering that most of us are oil service companies,  we do lots of maintenance works. So, if robotics will replace us, we better be in charge of the robotics and be able to control and programme and use the various sensors to be able to improve our service delivery. Today, people are talking about condition monitoring system using vibrations to monitor the condition of various assets. We are getting ready because that’s the only way we can still be in business for the next 15 to 20 years.

    Recently, the issue of collaboration among PETAN members to attract big contracts was raised, what is PETAN doing to address this and what has Radial Circle done in this regard?

    Quite a number of us on different occasions have collaborated on bigger projects or tried to see how we can leverage our various strengths to get more. Also, we keep on engaging ourselves with collaboration frameworks and various platforms for us to be able to come together and harness our resources. Such collaboration will help us in certain areas especially where we don’t have the capability. In such situations, we actually collaborate to build on those capacities. It is the most cost-effective way and we understand that . We have few relationships that we are able to consumate and we expect there will be more as the year goes by.

    What major projects are you handling at the moment?

    The last big project – Egina floating production, storage and offloading (FPSO) – was just finished. The next one we are looking at now is Total’s Ikike project and others such as  Bonga Southwest and NLNG Train 7.

    All the projects are in the pipeline and hopefully final investment decision (FID) on Train 7 will be taken as stated by the Nigerian National Petroleum Corporation (NNPC). If they do that, it will be a game changer in the economy. It is not just a project that will impact the high class service providers, but it will impact the community people and even those beyond the vicinity as 50,000 tons of concrete may be needed and will create jobs. The project means you need to get granite from Edo and Kogi States, you need trucks to haul things to the jetties, you need to offload them.

     

     

  • Focus on gas development, Kyari tells PETAN

    The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged oil service operators, under the aegis of the Petroleum Technology Association of Nigeria (PETAN), to focus more on gas development. The event was PETAN’s 2019 Annual Clients’ Appreciation and Industry Achievement Awards Dinner held in Lagos, EMEKA UGWUANYI was there and reports.

     

    The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has advised members of the Petroleum Technology Association of Nigeria (PETAN) to focus more on gas development to support the Federal Government’s effort to reduce hazardous emission.

    Kyari, represented by the Chief Operating Officer (COO), Gas and Power, NNPC, Mr. Yusuf Usman, at PETAN’s 2019 Clients’ Appreciation and Industry Achievement Awards held in Lagos, said the use of gas for sustainable development has become paramount in policy formation in Africa.

    He said: “PETAN members should focus on gas development. We are a gas province as a country and there is need to develop gas because it is cheap, clean, environmentally friendly and affordable. We can help save the environment by substituting coal with gas, therefore, reducing emissions by half.”

    The Chairman of PETAN, Mr. Bank-Anthony Okoroafor, in his remarks, assured the NNPC chief and stakeholders that PETAN was committed to ensuring a sustainable environment for business.

    “PETAN remains committed to partnering with all stakeholders to create enabling environment for investment to thrive. PETAN was formed to utilise the technical know-how that abounds in the oil and gas industry by Nigerians as a springboard for economic change and technological advancement of our nation.

    “This we have been pursuing since 1990. It was in 2010 that PETAN developed a 4Cs strategic plan-Capacity building,w Capitalisation, Collaboration and Consolidation, to identify and leverage capacity gaps from the Local Content Act, consolidate and expand end-to-end capacities across the value chain.”

    He said PETAN would be 30 years in March 2020 and invited the audience to celebrate the milestone with PETAN in grand style.

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    “I will be inviting the industry to celebrate with us in working with the Nigerian Content Development and Monitoring Board (NCDMB) and the National Assembly to increase retained earnings from five per cent to more than 27 per cent; to increase equipment ownership, drilling rigs, cementing, simulation and wellheads, among others to more than 90 per cent,” he added.

    Okoroafor noted that PETAN would work to increase (indigenous) vessel ownership from less than 10 per cent to more than 40 per cent; fabrication tonnage from nothing to about 60,000 metric tonnes; iron processing, pipe-coating, pipe-laying, operation and maintenance, FPSO integration and engineering design, among others.

    He stated that this year’s award night theme: Oilfield of the Future: operational Excellence, is to re-emphasise the long-standing PETAN philosophy for the growth of the industry, which is professional excellence.

    “That was why we initiated a PETAN’s Seal of Quality to sanitise our operations and certify our people in particular and the industry in general. The process has fully commenced and a number of our members have been certified in conjunction with Bureau Veritas. In the last four years, my executive team have been working on getting a befitting secretariat, conferences and meeting venue for the association and for the use of the industry and stakeholders. As you are aware, there is no functioning facility that can be used for the industry events in Port Harcourt, the oil city of Nigeria where many of us began our career.

    “Graciously, the governor of Rivers State Nyesom Wike has provided us a location just by the Port Harcourt International Airport. We will be conducting the groundbreaking ceremony for the project first quarter of 2020. We urge all our partners to join us to deliver the best oil and gas museum for the country,” he said.

     

  • NBET/GenCos dispute may worsen power sector woes

    The decision by the Nigerian Bulk Electricity Trading Company (NBET) to impose administrative charge of 0.75 per cent on power generation companies (GenCos) has raised some dust in the sector. The issue, if not addressed on time, could aggravate the sector’s woes, writes AKINOLA AJIBADE.

    Like a recurrent decimal, the problems in the electricity industry keep resonating as stakeholders, including the Federal Government, seem incapable of proffering solutions to them.

    For some time, the sector has been grappling with shortage of gas, poor generation, bad distribution networks, irregular supply of electricity, scarcity of meters, huge debts owed power distributors, among others, which have continued to stall its growth and that of the economy.

    The government seems helpless and unable to tackle the problems. Recently, the 24 generation companies (GenCos) declared their intention to shut down operation nationwide if the Federal Government failed to prevail on the Nigerian Electricity Trading Bulk Company (NBET) not to impose an administrative charge of 0.75 per cent on gas transactions conducted on their (GenCos’) behalf.

    Specifically, GenCos on September 21, announced its decision to shut down their power plants, with a view to driving home their points. Besides, the firms threatened to explore other options to force NBET to rescind its decision on the charge.

    To achieve this goal, GenCos, through their association, Association of Power Generation Companies(APGC), have written letters to the Office of the Vice President, Prof Yemi Osinbajo, Minister of Power Mr. Saleh Mammah and other relevant agencies on the issue without achieving its goal.

    NBET was set up by the Federal Government to administer the electricity pool. Out of the the GenCos, six were unbundled from the defunct Power Holding Company of Nigeria (PHCN) in 2013. The firms are Geregu Power Plc, Afam Plc, Sapele Power Plc, Ughelli Power Plc, Kainji Hydro Electric and Shiroro Hydro Electric.

    Speaking on the issue, APGC Executive Secretary Dr. Joy Ogaji said the firms were planning to shut down their plants if the Federal Government failed to resolve the issue between them and the Nigerian Electricity Bulk Trading (NBET) Plc. The firms, she said, will shut down operation because they are not happy with the new policy of NBET.

    The policy, Ogaji said, directed all thermal plants operators to pay an administrative charge of 0.75 per cent on gas transactions. The charge on the GenCos and their inability to access the N600 billion intervention fund will put more pressure on them, she said.

    Prior to this, the three key operators in the sector have been recording dismal outputs. Not only this, they are struggling to promote efficiency as they are unable to provide the required capital for operation.

    Industry observers argue that operators depend on each ther for survival, adding that the problems in one segment of the value chain affects the entire industry.

     

    NBET position

     

    The decision to impose administrative charge of 0.75 per cent on power generation firms may not be unconnected with the debts owed by the companies.

    Industry sources, who spoke on condition of anonymity, said power firms owed gas suppliers a lot of money, adding that NBET transacts gas business on behalf of power generation firms. “NBET might be using 0.75 per cent administrative charge, which was imposed on electricity generation firms as a means of collecting debts from them,” the source said.

    Usurping regulatory roles

     

    The former Nigerian President, Association of International Energy Economist (AIEA), Prof. Wunmi Iledare, accused NBET of carrying out duties that are outside its purview. In an interview with The Nation on phone, he said NBET was assigned to administer electricity pool and not as a regulator.

    Iledare said: “NBET is not a regulatory body and as a result cannot directly or indirectly regulate the nation’s electricity market. The Nigerian Electricity Regulatory Commission (NERC) is the only body, which the constitution allows to play that role.  The electricity market is not fully matured.

    “Why are you imposing administrative charge on GenCos? When you put additional cost to a production, you are taking money away from that product. By so doing, you are not adding value to that product. According to him, NBET exists in order to remove anything that is assumed to be a problem in the sector not to create it, as it is currently being done through imposition of administrative charge.

    Read Also: No fresh verification of ex-PHCN staff, says BPE

     

    Shortage of gas

     

    The pioneer Managing Director, Nigerian Liquefied and Natural Gas (NLNG), Dr Godswlll Ihetu, urged the Federal Government to ensure that gas is made available to the power sector in order to improve generation in the country. According to him, the sector is not enjoying gas due to some problems such as infrastructure and others.

    “Power plants are not accessing the product regularly due to infrastructural bottlenecks.  Pipeline vandalism is a problem, which the gas suppliers and users (power plants) are trying to cope with daily,” he added.

    The sector, Ihetu said, has had enough of gas shortage and should not be allowed to suffer more. He said the issue of imposing 0.75 per cent administrative charge on the power generation companies (GenCos) is another way of adding to the problems in the sector and should be strongly opposed by the Federal Government if the sector will develop and further assist Nigeria to grow its economy.

    Ihetu said: “The Federal Government, gas suppliers, owners of thermal plants and others that use the product for domestic growth should focus on how to enable access to gas adequately and not causing  impediments to the realisation of gas potentials in the country.”

    He said  the Federal Government set up the Nigeria Liquefied Natural Gas (NLNG) 30 years ago for export purpose, adding that not for electricity generation. He said foreign oil companies and their local counterparts are in charge of providing gas to thermal operators not the NLNG.

    According to him, the multinational oil companies and their local counterparts are trying their best in the area of providing gas for production of electricity, urging them to do more in order to solve the country’s electricity problem.

    An analyst, Meka Olowola said the roles of the power generation companies (GenCos) in sustaining production in the country are not well appreciated. He said GenCos generate electricity that is more than what the power distribution companies can take, urging stakeholders to try and improve the firms’ growth and not what will slow down the growth.

     

  • Lagos community applauds Total’s disease awareness initiative

    By Favour Obiemeka

    Residents of Kirikiri community in Oriade Local Community Development Area (LCDA) Lagos, have commended Total Nigeria Plc for bringing its cardiovascular health initiative to their community.

    As part of the Group’s Cardiovascular Disease (CVD) initiative, Total in Nigeria implemented a one-day medical outreach in the community, which involved screening exercise for blood pressure, blood sugar and Body Mass Index (BMI) checks.

    The initiative, which was in partnership with Axa-Mansard, also witnessed the distribution of multilingual information, educational and communication materials to help pass the message more effectively to members of the public.

    Speaking on behalf of the community, the Supervisory Councillor  for Health in the LCDA, Ajayi Bashiru, lauded the management of Total for its commitment towards the health and well-being of residents and business owners in the community.

    He said the intervention would help check and prevent untimely cardiovascular-related deaths within the locality and tasked other corporate organisations to follow Total’s example.

    The Managing Director, Total Nigeria Plc Imrane Barry, represented by the Executive General Manager (EGM), Total Country Services (TCS), Olubunmi Popoola-Mordi, said as a responsible energy company, “Total was not only committed to better energy, but also committed to the well-being of the society where we live and carry out our business as well.

    “Therefore, in line with our Corporate Social Responsibility (CSR) policy, we are committed to the improvement of the health of our employees, their families and the communities within which we carry out our activities.  This we do through participating in health programmes.”

    Read Also: TotalPrenuers programme graduates 60 youths

     

    Total’s CVD initiative is in direct alignment with the Federal Ministry of Health’s National Strategic Action Plan on Prevention and Control of Non-communicable Diseases (2015), which identifies CVD as a major public health issue in Nigeria.  The objective of the project is to reduce the prevalence of cardiovascular disease in Nigeria through awareness and early detection.

    Also, the company donated some road safety kits to the Apapa Unit Command of the Federal Road Safety Corps (FRSC) to enhance the operations of the command.