Connect with us

News

Power Supply Worsens Nationwide

Published

on

L-R: President, PHCCIMA, Engr Emeka Unachukwu, former President, PHCCIMA, Sir Godfrey Ohuobunwa and former President, FOSSCCIMA, Prince Billy Gillis Harry, during the council meeting of PHCCIMA, recently.

L-R: President, PHCCIMA, Engr Emeka Unachukwu, former President, PHCCIMA, Sir Godfrey Ohuobunwa and former President, FOSSCCIMA, Prince Billy Gillis Harry, during the council meeting of PHCCIMA, recently.

Power supply to states across the federation worsened in the month of March, a survey released yesterday by NOI Polls, a notable indigenous survey organisation, has revealed.
This is coming as investors in the country’s power assets attributed their poor performance during the period to gas supply constraints as a result of incessant gas pipeline vandalism perpetuated by miscreants.
The poll results revealed that the situation of power nationwide worsened in March, and stated that majority of Nigerians, 54 per cent, claimed that power had gone bad or worsened.
It said another 17 per cent revealed that they saw no difference at all, bringing the figure to a total of 71 per cent.
It said, “This month shows an all-time low rating of power, 29 per cent for those who experienced an improvement, over the 15-month period that NOI Polls has tracked improvements in household power supply nationwide.
“These are some of the key findings from the Governance Snap Poll conducted on March 24, 2014.”
It noted that the survey was conducted by NOI Polls to gauge the opinions and perceptions of Nigerians regarding the approval rating of President Goodluck Jonathan, the performance of the president on key elements of his transformation agenda, and the state of power supply in the country.
It added, “Further findings across the geo-political zones indicate that the highest proportion of respondents that reported bad/worsened power supply was from the South-West region with 66 per cent of respondents, followed by the South-South region with 59 per cent and the North East region with 58 per cent.
“Highest proportion that reported no difference at all was the North Central, 29 per cent, and those who saw slight improvements were the North-West, 28 per cent, and South-East, 30 per cent.”
When contacted to comment on why power supply had worsened despite the fact that the sector had been privatised, Managing Director/Chief Executive Officer, Geregu Power Plc, Mr. Adeyemi Adenuga, told our correspondent that the situation was beyond privatising the sector.
He said, “Poor power supply is largely due to pipeline vandalism. As far as our gas pipelines are being vandalised by miscreants, the problem may continue.
“We are all in Nigeria and I think this issue is something outside the issue of privatisation. It is not today that it started and it has been felt by the Nigerian Gas Company and some other companies as well.”
Adenuga said until oil theft is addressed, gas pipeline vandalism may persist, as both had things in common.
He added, “The day they get the solution to oil theft, I think there will be solution to gas pipeline vandalism. However, there is no cause for alarm because they are working hard to address this issue.”
The Chairman, Presidential Task Force on Power, Mr. Beks Dagogo-Jack, corroborated Adenuga’s views, and added that the Federal Government was working hard to address the situation.
“This prompted the approval of $1billion by the president to address these issues of vandalism and theft,” he said.
Meanwhile, the Federal Government has concluded plans to rehabilitate about thirty dams to boost power supply in the country.
The dams, recommended by the Ministry of Water Resources, are expected to generate additional 147.60 megawatts to the existing power source.
Minister of Water Resources, Mrs. Sarah Ochekpe, who made the disclosure in Abuja during a media briefing, said access to electricity is put at 40 per cent.
The minister, who was represented by Director, Dams and Reservoir Operations in the ministry, Dr Emmanuel Adanu, explained that while constructing dams in the past and recently for water supply and irrigation, it constituted small hydro power plants in the construction processes.
According to her, the ministry has partnered the energy sector to conduct studies on the proposed dams and engineering designs of the small hydro power schemes accompanying each of them.
She said this was to serve project activities and generate electricity to rural communities, adding that the supply of water and energy are important to achieving sustainable national development.
“In Nigeria, statistics have shown that shown that only forty per cent of the people have access to electricity, 60 per cent of the population has access to safe drinking water while access to sanitation is put at 41 per cent.
“As part of integrated river basin development, the ministry and some RBDAs while constructing dams in the 19802 s and recently for water supply and irrigation incorporated small hydro power plants to generate electricity to serve the project activities and the host of rural communities.
“Based on the collaboration between the water and energy sectors, Federal Ministry of Power conducted the feasibility studies and engineering design of some of the small hydro power schemes mentioned above for rehabilitation and concession to boost electricity supply in Nigeria.
“No nation can develop without adequate supply of water and energy. Demand for water will continue to increase significantly over the coming decades. The need for increased collaboration and cooperation between the agencies and stakeholders in the water and energy sectors cannot be over-emphasized,” she said.

Continue Reading

News

FG Targets Production Of Locally Made Vehicles By Dec

Published

on

The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

Continue Reading

News

Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

Published

on

The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

Continue Reading

News

Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

Published

on

A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

Continue Reading

Trending