Connect with us


During Future Energy Resources



Investing in Russia since the 1991 collapse of Communism has always attracted a different breed of financier, with the most basic requirement being a cast-iron stomach.

For those brave enough to plunge in however, the rewards can be enormous – to give but one example, Troika Dialog, the oldest and largest private investment bank in the Commonwealth of Independent States, in the early 1990s was producing eye-watering annual rates of return for its subscribers of over 200 per cent.

That said, for every Troika Dialog there have been a dozen other ventures that crashed and burned, leaving foreign investors scorched.

But for those with a gambling streak, a new intriguing proposal, if implemented, may produce handsome returns in a most unlikely field – solar power.

Surprisingly to most, Russia has a range of locations suitable for solar power, including large expanses of Siberia and the Russia Far East, as well as the Caucasus. In the last-named region, some local politicians are seeking to establish the North Caucasus in the forefront of solar equipment manufacturing.

During an 23 August meeting, representatives of Stavropol Kray and state officials from the five regions, comprising the North Caucasus Federal District (SKFO) pored over a proposal drawn up by the Republic of North Ossetia-Alania to establish a “high technology industrial complex for producing silicon for solar energy applications,” giving the Caucasus its very own “Silikon Valleysky.”

According to the proposed program, each of the five regions would have a part of the production.

Most intriguingly for prospective investors, the endeavour would be a state and private joint venture. According to Ingushetia Republic representative, Vakha Yevloyev, the state and private investors would each front 50 per cent of the development costs.

The project would not come cheap, with start-up costs estimated at $1billion.

Association of Solar Energy of Russia coordinator, Anton Usachev said, “Polycrystalline silicon production will be located in the Stavropol region, while monocrystalline silicon production will be set up in Kabardino-Balkaria. The final production of photovoltaic cells and solar modules will be located in Karachay-Cherkessia and Dagestan respectively.

The raw material and production base of the alternative energy market is very new to Russia and is being fostered by local companies such as Nitol Solar and Hevel Solar in Novocheboksarsk, along with the Renova Group and Rosnano. For the moment, the potential market is export-oriented.”

Usachev added that this year the world solar energy market is expected to grow by 30 per cent.

Yevloyev, a strong supporter of the proposal, commented that the one billion dollar project could break even in two to seven years, with the costs split between investors and the state.

Usachev estimated that the North Caucasus has an average of 300 sunny days a year and that the cost of solar energy could be two-thirds lower than traditional energy sources such diesel-generated power.

Plans call for coordinating the project with the staff of the Russian Federation Presidential Envoy to the SKFO Aleksandr Khloponin later this month, with an agreement between the republics tentatively scheduled to be signed next month during the 10th International Investment Forum in Sochi.

Of course, the project has political overtones, as much of the Caucasus has been wracked by militancy over the past two decades. Given that Sochi will host the 2014 Olympic and Paralympic Winter Games, Moscow is determined to show off the region in the best possible light, and progressive industries would do so.

At a March 2008 meeting with Russian Prime Minister Vladimir Putin and President Dmitry Medvedev, State Duma Chairman Boris Gryzlov stressed the importance of solar power for electricity generation and informed them of a patented Russian technology for solar power applications that could be marketed.

Gryzlov subsequently wrote, “Development of renewable energy will make it possible not only to address the problem of energy supply, reduce dependence on hydrocarbon raw materials and improve the ecological situation, but also make money from the production and export of high-tech products and engineering solutions.”

Given that the project is likely to receive the Kremlin’s blessing, it is about as fool proof an investment as one is likely to find in the post-Soviet space. You read it here first.

Dr Daly, a London-based expert, contributed this piece to in Washington, DC, United States.

John Daly

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply


Power Structure As A Monster



Politics becomes a “dirty game” when it serves a power structure, rather than people, the masses; in which case the “game” or activity becomes one-sided, demonic and monstrous. Bon Woke (The Tide 6/10/2021) would tell us that “Nigeria stood on a Tripod of North, dominated by Hausa/Fulani, West, the Yoruba and the Eastern Region dominated by the Igbo”. He went on to say: “It was indeed sad that every group only struggled to grab power for the benefit of their region …”
A power structure is comparable to an impersonal energy-reservoir, kept for use as a weapon of self-perpetuation in power and for attack against other contenders and opponents. Thus, such power, rather than be an instrument of service to people generally, becomes a monster programmed to identify, attack and destroy those who seek to grab or steal it away from its custodians. In a monarchy such power is represented in the person of the monarch, while in a pseudo-democracy the power is held in trust by a cabal, for selective benefit of a few people.
In the case of Nigeria, the military and state security agencies were co-opted into the game of power monopoly, whereby those who must serve the power structure must pass through the eye of the needle, via screening process. Agencies for such screening purposes are the awful guardians of the realm of power. Thanks to the process of gathering and keeping personal dossiers of radical elements who are capable of spoiling or undermining the game of monopoly. Power conservation can be guaranteed. Besides, state spin-doctors can handle others who make noise for settlement purposes.
The Catalogue of Mr. Woke contains a good deal of history of Nigerian politics of power, but one is not sure that Woke had personal experiences of the evolution of sapiental authority and power in Nigeria. When dark smokes began to gather prior to 1965, the Eastern Region of Nigeria was marked out as the last stumbling block to deal with, “after Yoruba land”, because of “their arrogant stubbornness”. Obviously Woke would not know such top-secret security issues!
Please, let nobody live under the illusion that the intrigues and power game which gave rise to the first military intervention in Nigerian politics in 1965 became a global combat of economic interests. Like Afghanistan, religion was coopted as a handy tool or instrument in the game of power, thus creating a nebulous power structure that has become a monster. The monster would apply its deadly claws on whoever would have the audacity to alter the power structure.
To be able to have a glimpse into the mindset and temperament of the guardians and gate keepers of the power structure requires special ability. In the Wednesday, October 6, 2021 edition of The Tide newspaper, readers are urged to revisit the following news headlines: “Prosecute Lawmaker Identified As Secessionists’ Sponsor, Reps Task Buhari”, “FG Not Treating Bandits With Kid Gloves” (Page 2) and ‘We’ve Over 30 Separatist Groups In S’East, Abaribe Admits” – Page 7. Buhari was quoted as saying in his 61st Independence Day anniversary speech: “We are vigorously pursuing these financiers including one identified as a serving member of the National Assembly”.
The President was making reference to “the recent arrests of Nnamdi Kanu and Sunday Adeyemo” and ongoing investigations being conducted which enabled the government to identify sponsors of the secessionist groups. In a reaction to the President’s allusion to “serving member of the National Assembly”, a lawmaker on behalf of his colleagues, said: “The president in his speech, noted that one of us is sponsoring terrorism. That means we are prime suspects. He didn’t name that person”.
Then in a reaction to bandits allegedly being treated with kid gloves, the Minister for Information and Culture, Alhaji Lai Mohammed, said that “banditry is criminality with no basis on religion or ideology”. The groups of criminals that Nigerian authorities decided to classify as bandits are not different from Boko Haram brigands whose activities bear obvious religious ideological body language. What is the “fallacy” or “fake news”, “misinformation” or “divisive rhetoric” being promoted by those who say that the Nigerian authorities show obvious leniency towards bandits?
The one-sidedness becomes more glaring in the declaration of IPOB as a terrorist group, whose agitation arises from a discomfort with a power structure that is considered monstrous. In the case of bandits, Boko Haram and Miyetti Allah cattle merchants whose activities are obviously hostile to peace and security, nothing is seen as terrifying! Who actually are sponsoring divisive rhetorics: those who agitate against a monstrous power structure, or those who hide under such structure to commit acts of banditry? It should be recalled that another separatist agitation reared its head from Bayelsa State, seeking some advice from British authority recently.
Add all these spates of agitations to the sound and fury from Southern and Middle Belt Alliance (SAMBA), then what becomes obvious is that the Nigerian structure needs urgent attention. Such urgent attention should be seen as needful where there is sincerity, rather than a situation where the deadly teeth and claws of a monster would become instruments of threats and intimidation. Niccolo Machiavelli, the classical consultant on power politics, did warn against possible backlash when the power game is taken too far, especially when the monster becomes a soulless zombie.
A clergy man warned Nigerians about a possible food crisis in the country and advised the people to stockpile food stuff in preparation for the crisis. Not even 60 per cent of Nigerians would have enough money to buy food for the next six months. But in power politics morals have no place in the permutations, rather, what matters most is the retention of power. In such do-or-die enterprise, consulting the wizard of the desert, Anhaki, is a handy option when agitations mount high. Another consultant in power politics, Robert Greene, would warn, in his 47th law: “In victory, learn when to stop”. Nigerians would cherish such respite.
If Nigerian authorities are not aware of it yet, agitations are mounting high since retired General and former President of Nigeria, Olusegun Obasanjo, gave a hint about “Islamisation and Fulanisation” agenda. Those who did not take that “alert” seriously before, are beginning to have a second thought. The use of cattle as harbinger in that enterprise is not lost to many discerning Nigerians. What of a report that indicted two ex-Governors, 10 military officers, 15 Emirs over banditry?

Dr Amirize is a retired lecturer from the Rivers State University, Port Harcourt.

Continue Reading


A Background To Radio Rivers



An article titled “History of Radio Rivers” by Baridom Sika chronicled the birth of Rivers State Broadcasting Corporation (RSBC) through Edict 78 of 1973 following which the implementation process of procurement and staff training commenced. Subsequently, on June 1, 1978, Mambo Tumbowei signed on the station as Radio Rivers; that was the beginning. This article presents a background to that beginning.
Reflexively reacting to the earthy percussion that introduced Se Acabo by Santana Band, a DJ on Radio Nigeria, Nigerian Broadcasting Corporation (NBC), William Jumbo Street, GRA, Port Harcourt identified the African roots of the pulsating and compulsive multi-conga rhythmic patterns of the song. In a moment of music-induced madness, he leaned in on the microphone, crooned “Ubleke! Ubleke!! Ubleke!!!” and hailed his invisible multilingual audience in the call-response greeting that is peculiar to his community. That was in 1972 when Radio Nigeria was the only radio station in old Rivers State. The program, “Ship Ahoy”, was a mixed-music morning magazine presented in English Language.
As the DJ stepped out of the studio, his producer, the guitar-strumming and broadminded piper, Seniboye Itiye, roared an oral query: “You spoke your language in my program!!! You think we all understand your endless iyeiye greeting?” “I’m sorry sir; I got carried away by the music”, apologised the DJ. “Calm down; this is radio, not night club or afternoon jump”, said Itiye, reassuringly. Incidentally, the DJ was cofounder and bassist of Blackstones Band, which was the first rock band in the history of old Rivers State; the band’s imitative repertoire was heavily laden with the then evolving earthy and heavily percussive songs that characterized the dissident departure from the Mersey beat of the sixties. Following two and a half years of basking in flashlights and the youthful escapades of rock musicianship, the DJ and two other members of the band opted to return to school; he chanced in and sojourned on radio as a stopgap measure. The language glitch that morning was, therefore, a residue of his immediate past profession.
Mixed reactions came at the heels of that professional indiscretion: while he received raving reviews from his community, his colleagues at the station and the wider Rivers society frowned at what was considered a projection, propagation and promotion of parochialism. Unbeknownst to everyone, the Governor of Rivers State, Navy Commander Alfred Diete-Spiff was listening attentively.
One afternoon, the DJ and his Duty Continuity Announcer (DTA), the beautiful and brilliant Stella Amachree, left the studio in the care of a trainee DTA called Chima Okor and went to Catering Rest House within the vicinity for lunch. Returning through the street now known as Cookey-Gam Drive, they chanced on Governor Diete-Spiff strolling outside the confines of Government House. Expectedly, they stood still on the side of the street in deference to the Governor who, surprisingly, stopped astride them and inquired after their names. To their great delight, the Governor knew them and their radio shows. He commended them, spoke glowingly about their program “Shaft Corner” (a foursome that attracted national attention) and casually said “We should establish a radio station for Rivers State”; thereafter, he walked on.
Stella and the DJ practically flew back to NBC studios and narrated every detail of the encounter to their colleagues. The station, which was manned by Rivers State indigenes, went agog. Matthew Miesiegha, Bernard Graham-Douglas, Mike Oku, Steve Bubagha, Peter O.C. Adiukwu-Brown, Pat Ketebu, Ifiemi Ombu, Florence Olali, Cornelia Omoniabipi, Bobby Bikefe, Monima Kelly-Briggs, Emmanuel Dokubo, Chituru Wachuku, Boma Erekosima, Sunny Meshack-Hart, Tony Alabraba etc. were in high spirits. Given the antecedents of the governor in the sphere of human development, the news held the potent promise of a radio station to call their own. Ernest Ogbanga and others in the engineering department shared the excitement; even Florence Olali, who was feverishly preparing to join her betrothed in Germany, was not left out of it. And it came to pass that that spontaneous statement by a young man who was yet to turn thirty years morphed into public policy and Rivers State Broadcasting Corporation was created on August 24, 1973 through Edict No. 8. The rest is history.
While the following divergence belongs in another narrative, it is pertinent to mention that Radio Nigeria, Port Harcourt was a beehive of crazy but highly creative and fiercely focused fellows. Most of the DTAs, news writers and radio personalities keyed into the generational thinking educational policy of the Diete-Spiff administration and developed themselves. Bernard Graham-Douglas, Ifiemi Ombu, Emmanuel Dokubo and Tony Alabraba studied Broadcasting in the US; Mike Oku did same in Scotland. Stella Amachree studied Law in Oxford University, Peter Adiukwu-Brown read Metallurgy at Manchester University and Pat Ketebu read Accountancy in Scotland. And by the way, our dramatis persona also studied Broadcasting in the U.S. and, having graduated in 1975, became the first person in old Rivers State to take a degree in that discipline. Furthermore, as Senior Special Assistant to Secretary to the State Government, he accompanied his boss, Professor William Ogionwo, who represented Governor Melford Okilo at RSBC Headquarters on May 2, 1981 where and when Dafini Gogo-Abbey signed on the newly added FM Station, Radio Rivers 2.
The above episode lends itself to robust intellectual interrogation within the themes of leadership and human development. Without venturing into the academics of these two concepts, it is necessary to state that it took the visionary leadership of Diete-Spiff to conceive and establish a radio station for the State and create opportunities for people to be trained in the relevant fields. On the other hand, it took the desire for individual development on the part of our dramatis persona and his colleagues in NBC to tap into the opportunities presented by the policy to produce the workforce that eventually manned Radio Rivers. That is the constructive collectivism that births personal, group and national development.
Dr Osai is an Associate Professor in the Rivers State University, Port Harcourt.

Continue Reading


Banditry: Matter For Matawalle



Alhaji Mohammed Bello Matawalle is the Governor of Zamfara State. He came to power in 2019 carrying the symbolic umbrella of the opposition Peoples Democratic Party (PDP) in the state. His election benefited hugely from the self-destructive internal squabble of the immediate past All Progressives Congress (APC) state administration led by Abdulaziz Yari.
Barely two years after being in the saddle, Matawalle was reported to have picked up a broom and switched allegiance to the APC. But what did not change for him was the need to tackle the growing menaces of banditry, kidnapping and animal rustling in Zamfara and, by extension, the North West zone of Nigeria. In fact, the state is now described as the new epicentre of these criminal activities after Katsina wore that toga about two years back.
Recall that the state government once ordered the halting of livestock transportation beyond the state’s borders. It also closed all weekly markets and illegal motor parks in the state. Trucks and other vehicles conveying food items into the state were subjected to verification.
Following the incessant abduction of school children for ransom, the Nigerian Communications Commission (NCC) had early last month ordered a two week shutdown of all telecoms network services throughout Zamfara State. This was extended into its neighbouring 13 and 14 local council areas in Katsina and Sokoto States, respectively. Kaduna is another state that has adopted the networks shutdown measure. The idea was to cut off any communication between the criminals, especially as it relates to leakage of information on military movements, co-ordination of criminal attacks and escape plans.
Earlier, in March, the federal government had banned all mining activities and declared a no-fly zone over Zamfara as the Nigerian Air Force and ground troops launched a massive attack on bandits in the area which, according to Defence sources, forced most of the criminals to flee and scatter.
The NCC intervention was only the replay of a strategy used in 2013 when the military requested a suspension of telephone and telecoms services to enable them effectively engage Boko Haram terrorists in Borno, Adamawa and Yobe States. But in spite of the effort, the insurgents are still holding sway in the North East, especially having been joined by jihadists from their affiliate Islamic State West Africa Province (ISWAP).
In any case, I want to believe that the North East experiment yielded positive results; hence the government’s acceptance of its replication elsewhere. It should not just result in forcing the criminals to continue to relocate from one locality or state to the other. Again, it is worrisome that the current state of the Nigerian economy is already taking people six feet down such that nothing in the form of these extreme measures should be contemplated in the first place, talk less of being allowed to last any longer than necessary.
Truth is that some citizens in these troubled areas are caught between dying in the hands of bandits and suffering the excruciating economic pains they are now being subjected to endure under the new emergency measures. For them, there is no communication with the outside world, medical help is far to reach, food supply dwindles, prices of items have tripled where and when such are available, no banking services, no schooling for children, and general restriction of movement.
From the foregoing, it would appear as though the government in Gusau was doing everything within its power to identify and root out bandits and other criminal elements in the state. It is against this backdrop that one found disturbing a recent news report which seemed to suggest that the Matawalle administration was not serious with exposing bandits and their sponsors in the North West state.
According to the report, it would soon be two years since a panel set up by the state government to investigate the activities of bandits, kidnappers and cattle rustlers in the state submitted its findings, yet the administration had been reluctant to raise a white paper on its recommendations and possibly prosecute those indicted.
The source said that the 279-page panel report had mentioned two former governors of the state, 10 military officers and 15 emirs as being culpable in the crimes. In other words, these individuals allegedly colluded with criminals to kidnap, collect ransom or even kill their victims.
The panel held that 6,319 persons were arbitrarily and willfully killed; 3,672 kidnapped; N2.8 billion paid as ransom; 6,483 widows and 25,050 orphans left behind by slain victims. It also stated that 215,241 cows, 1,487 motor vehicles and motorcycles burnt. The report went further to reveal that the bandits operated 105 camps from which they launched their deadly attacks.
So far, the only action the governor has been credited with regarding the implementation of the panel’s recommendations was his suspension of the traditional rulers of Maru, Dansadau and Zurmi in a broadcast to mark this year’s Democracy Day on June 12.
If the figures stated above were compiled about two years ago, then one can imagine what the statistics would look like today. It beats me as to why Matawalle would single out only three emirs for punishment and remain mute over the fate of the rest suspects in the report.
The governor’s apparent inaction can only mean that his administration will continue to chase shadows while churning out executive orders that leave the hapless residents of Zamfara suffering the more. The federal government cannot even be called upon to take up the matter because the authorities in Abuja are also guilty of kid-glove treatment of Boko Haram sponsors and collaborators.
While the bandits sack villages and massacre people in their tens and hundreds, our military successes have come in fits and starts; often in the form of neutralising two or three armed bandits and allowing for as many as twenty to escape.
With the damning nature of the Zamfara report, I still wonder why the other besieged states in the region have not set up similar investigative panels. Surely, Matawalle needs to lead them on by carrying out full implementation of his panel’s recommendations.

By: Ibelema Jumbo

Continue Reading