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Negative Reactions Trail Planned Hike In Electricity Tariff

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The recently announced intention of the Federal Government to increase electricity tariff in the country has sparked  reactions from various quarters with many expressing opposition to the plan.

Niger Delta Assembly, a non-governmental organization, described the plan as premature and a contradiction of the people-oriented posture of the President Goodluck Jonathan’s administration.

National President of the assembly, Prince Samuel Ogba, who spoke to The Tide over the weekend in Port Harcourt, said “it is too early for the administration to begin to give consideration to the idea of increasing electricity tarriff without properly positioning the power sector.”

Prince Ogba, who commended the present administration for the improvement recently noticed in power supply is of the view that President Jonathan, who also is the power minister, should get the power sector well reformed first.

He added that it is only when that has been properly achieved that the idea of increase in the tariff could come.

The assembly president observed that Dr. Jonathan’s popularity has swelled since his emergence as a president because of the fact that his programmes and policies indicate considerable sensitivity to the feelings of the generality of Nigerians but regretted that the plan to increase electricity tariff is one policy that smacks insensitivity to Nigerian masses who would be adversely affected when such policy is implemented.

“I advise the president to be weary of those giving him such ill-advice because it is capable of deeming the good image of his administration,” he said.

Chief Omoka John, a Port Harcourt-based hoteler, who also reacted on the issue said, the planned increase is uncalled for, in view of the benefit government wants to achieve on its power sector reform.

“If the idea of the power reform is to reactivate good business and social life in the country, then talking about tariff increase in electricity at this early period of the reform contradicts the intended good benefit to the people,” he said.

The hoteler noted that such move has the capacity to raise doubt in the minds of the people, and appealed to the president to prevail on the authorities concerned to drop the idea.

Another consumer, Clifford Okwaraji, who also spoke in similar note, described it as the most horrible idea ever muted by the present administration.

According to him, “if the aim of the power reform for which government is recording noticeable success is to wake up moribund small and medium scale industries incapacitated by poor power supply, then the idea of increase in tariff is one done in a haste and inimical to the good people of Nigeria.”

Mrs Balogun Kemi, a Lagos-based bakery operator accepted that the increase in tariff could attract more investors but doubted if such move would lead to improvement in electricity supply in the country.

She rather suggested that the National Electricity Regulatory Commission (NERC) should raise the country’s electricity generation and distribution capacity substantially before contemplating an increase.

She recommended a thorough cleansing in Power Holding Company of Nigeria (PHCN), and accused some workers of being corrupt as electricity consumers were being slammed with crazy bills because of either incompetence on the part of PHCN officials or deliberate effort to exploit consumers.

It would be recalled that the Nigeria Labour Congress (NLC) had condemned the planned increase of electricity tariff, describing it as an expression of insensitivity and absolutely unacceptable by the congress.

The General Secretary of NLC, Comrade John Odah, in a statement in Abuja,  had advised President Goodluck Jonathan to reverse the policy, saying  it is a wrong advise.

The congress maintained that if implemented, it would amount to a death sentence being passed on the few industries that are managing to survive, and advised the government to first improve the nation’s generation and distribution capacity before contemplating rise in tariff.  

 

Chris Oluoh

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Oil & Energy

Non-Oil Export Will Guarantee Nigeria’s Economic Survival – NEPC

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The Nigerian Export Promotion Council (NEPC) says non-oil export will guarantee Nigeria’s economic survival.
Executive Director/CEO of NEPC, Dr. Ezra Yakusak,  said this in a news briefing heralding the NEPC Export Week scheduled from November 21 to 26.
Yakusak emphasised the need for Nigerians to embrace the non-oil export critical in growing the economy, providing more jobs and addressing insecurity in the country.
Describing the Export Week as first of its kind to be organised by the council, Yakusak said it was NEPC’s strategic efforts of imbibing, sustaining and deepening an export culture in the non-oil export ecosystem.
“This we will implement through series of engagements with key stakeholders within the exporting community and indeed the general public.
“Only recently, precisely on April 26 and 27, 2022, the Council held its maiden National Conference on Non-oil Export with the theme “Export for Survival: Optimising Nigeria’s Non-Oil Export Potentials”.
“The conference provided a veritable platform for stakeholders in the non-oil export sector to ventilate ideas on current and emerging issues affecting the non-oil export sector.
“In this wise, the Export Week is a continuation of that engagement with critical stakeholders and discerning members of the public.
“The objective is to keep the ‘Export4Survival’ campaign in the front burner of national discourse using the Export Week as a strategic information and communication tool to change the narratives,’’ he said.
According to the NEPC boss, “we envisage that the Export Week will provide a path for business and sector led activities to thrive as well as help entrepreneurs particularly Small and Medium Enterprises (SMEs) look out for new opportunities in the sector.
“Therefore, it is vital for these businesses to have the support and information they need to become successful.
“It is against this backdrop that the Council has lined up series of events to mark the Export Week.
“However, it is important to state that one of the key objectives of the Export Week is to highlight the significance of exporting to the country’s economy by strengthening and deepening interactions and partnerships with relevant stakeholders in the public and private sector,’’ he said.
Yakusak added that the ultimate goal was to ensure that the events that were lined up would become an avenue for massive recruitment of people into the non-oil export net.
“We want Nigerians to step into the reality that the only way to guarantee our economic survival is through non-oil export”.
“We are therefore embarking on a massive sensitisation and renewed partnerships with the private and public sector, not just at the national level but also at the sub-national level,’’ he said.
He said revenue generated from non-oil exports which increased to 2.6 billion dollars from January to June 2022 spurred the council into organising the Export Week.
Th Tide’s source reports that activities lined up for the Export Week include: launching of “Export4Survival” Campaign by the Minister of Industry, Trade and investment, Otunba Adeniyi Adebayo and a symposium with the theme “Strengthening the Non-Oil Export Sector for National Development”.
Others are an export inclusiveness day for women and youth, the Export4Survival walk and a variety show and gala night to be held on Thursday, November 24.
Yakusak said the Exporters’ Award and Gala Night to be held on Nov 26 in Lagos would recognise and celebrate exporters who were consistent in recording appreciable successes, thereby contributing to the growth and development of the country’s economy.

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Shell Completes 225,000 bpd Bonga FPSO Vessel Maintenance 

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Shell Nigeria Exploration and Production Company Limited (SNEPCo) has announced the completion of the Turn Around  Maintainance (TAM) of its offshore Floating Production Storage and Offloading Vessel, christened Bonga.
The announcement is contained in a statement issued by the company’s Media Relations Manager, Mrs Abimbola Essien-Nellson.
The Tide’s source learnt that the completion of the mandatory overhaul of the facility would increase oil production by about 225,000 barrels per day.
“Shell Nigeria Exploration and Production Company Limited (SNEPCo) is pleased to announce that the 2022 Turn around Maintenance (TAM) of the Bonga floating production storage and offloading vessel (FPSO) has been completed.
“The 225,000 bpd capacity FPSO was shut down on October 18, 2022, to carry out statutory inspections, recertifications and other critical asset integrity restoration activities.
“The 2022 TAM which was originally planned for 30 days was completed in 22 days on November 9, 2022, thanks to excellent front-end planning and flawless execution.
“Commissioning and start-up activities are in progress and will culminate in ramp up of oil and gas production in the coming days,” shell stated.

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Total Energies Moves To Achieve Global Mandate On Renewable Energy 

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A major sponsor of the just-concluded 40th Annual Conference of the Nigeria Association of Petroleum Explorationists (NAPE), TotalEnergies, has in line with the conference theme, “Global Energy Transition and The Future of the Oil and Gas Industry: Evolving Regulations, Emerging Concepts and Opportunity”,  presented a major paper on Health Safety and Environment’s Role in Climate Change, with the topic, “Ocean Bottom Nodes Seismic for Better Field Management”.
Delivering the paper, TotalEnergies’  HSE Performance Coordinator, Ejiro  Erharhaghen, noted that  the industry has been encumbered by operational and or cost limitations.
He said the relatively new Ocean Bottom Node(OBN) technology, could significantly reduce the logistical encumbrances.
Furthermore, he hinted that the evolution of OBN technology enables the improvement of subsurface imaging bring about higher returns on investment, improved risk reduction and accelerate the pace of unlocking the prize.
The company also held technical sessions at its Exhibition Booth, where a large turnout of students, business people, investors and visitors were educated about the company, while the technical experts through different sessions, dealt with topics relating to the theme of the conference.
Visitors to the TotalEnergies booth were also lectured on topics covering maters relating to jobs opportunities and career placements, contract and procurement requirements, Corporate Social Responsibility and Health and Medical issues in the company.
In another highly technical presentation on Acquisition, Processing 3D and 4D Joint Inversion – Egina Field Case Study, the company  gave details of its exploration activities on the Egina field in  conformity with the standards and regulations that meet global best practices.
The event which had major key players in the Oil and Gas industry from both local and international platforms, exhibited their products and services.
The conference started with a management session highlighting on the Decade of Gas Initiative, where experts contributed diversely on factors to improve the Lower Carbon Drive in the country.
Earlier in his opening remarks,  the President of NAPE, Dr James Edet,  said, “The Lower carbon drive is a challenge of this present age, and we have, at this event aligned critical stakeholders to deliberate and present workable collaborative solutions to our industry and also shared their current learnings as we continue to adapt to this green revolution.”
“Furthermore, there are other contending and increasingly relevant issues such as: energy security; the dynamics of gas development, commercialisation and monetisation; development of Nigeria’s under-explored gas rich cretaceous basins; and how Nigeria will adapt her policies and diversify her energy portfolio in the energy transition era so as to achieve sustainable growth for her economy,” he added.

By: Tonye Nria-Dappa

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