Oil & Energy
MAN Seeks Improved Power Generation
The Manufacturers Association of Nigeria (MAN), has called
on government and stakeholders in the power sector to improve generation so as
to boost industrial productivity.
The South-West Zonal Chairman of MAN, Dr Michael Daramola,
who made the call on Wednesday in Ibadan at the association’s annual general
meeting said power was fundamental to sustainable economic development and must
be harnessed for industrial growth.
“Power is a critical infrastructure for sustainable economic
growth and development as most economic activities are dependent on affordable
and adequate energy for effective operations,’’ Daramola said.
The chairman commended the Oye State Government for setting
up a business-friendly platform for industrial development by establishing a
conducive business development terrain.
He, however, urged the state government not to politicise
the issue of power generation as done by previous administrations.
“We hope the intention for providing infrastructure
development will transform into reality unlike the lip service paid to the
sector by past administrations.
“This is necessary so that manufacturers can feel the impact
of the present administration’s transformation agenda, ’’ Daramola said.
The guest speaker at the forum, Mr Reginald Odiah, said
Nigeria should also look at ways of exploiting alternative means of power
generation to boost supply.
Speaking on “Intensity of Energy-Imperative for Nigeria’s
Industrial Development,’’ Odiah said: “In the light of meeting up with the
objective of generating 40,000MW of electricity supply in the Vision 20: 2020,
the Federal Government has to look into ways of boosting supply through
alternative means.
“There is enough arable land to mount solar panels and wind
turbines in the northern region which could help complement the development in
the gas and hydro-power generating systems,’’ Odiah said.
Governor Abiola Ajimobi of Oyo State, who was represented by
the Commissioner for Industry, Applied Science and Technology, Mr Adebayo
Olagbenro, state government was working with the Bank of Industry (BOI) on
power generation.
“Permit me to mention that the state government is already
in partnership with BOI to facilitate the industrial transformation of the
state,’’ he said.
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Digital Technology Key To Nigeria’s Oil, Gas Future

Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector.
With the theme of the symposium as ‘Transforming Energy: The Digital Evolution of Oil and Gas’, he gathering drew top industry players, media leaders, traditional rulers, students, and security officials for a wide-ranging dialogue on the future of Nigeria’s most vital industry.
Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, highlighted the role of digital solutions across exploration, drilling, production, and other oil services.
Represented by the Vice Chairman, Obi Uzu, Ogunsanya noted that Nigeria’s oil production had risen to about 1.7 million barrels per day and was expected to reach two million barrels soon.
Ogunsanya emphasised that increased production would strengthen the naira and fund key infrastructure projects, such as railway networks connecting Lagos to northern, eastern, and southern Nigeria, without excessive borrowing.
He stressed the importance of using oil revenue to sustain national development rather than relying heavily on loans, which undermine financial independence.
Comparing Nigeria to Norway, Ogunsanya explained how the Nordic country had prudently saved and invested oil earnings into education, infrastructure, and long-term development, in contrast to the nation’s monthly revenue distribution system.
Chief Executive Officer (CEO) and Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Using, represented by the Secretary of the Association, Ms Ogechi Nkwoji, highlighted the urgent need for stakeholders and regulators in the sector to embrace digital technologies.
According to him, digital evolution can boost operational efficiency, reduce costs, enhance safety, and align with sustainability goals.
Isong pointed out that the downstream energy sector forms the backbone of Nigeria’s economy saying “When the downstream system functions well, commerce thrives, hospitals operate, and markets stay open. When it fails, chaos and hardship follow immediately,” he said.
He identified challenges such as price volatility, equipment failures, fuel losses, fraud, and environmental risks, linking them to aging infrastructure, poor record-keeping, and skill gaps.
According to Isong, the solution lies in integrated digital tools such as sensors, automation, analytics, and secure transaction systems to monitor refining, storage, distribution, and retail activities.
He highlighted key technologies including IoT forecourt automation for real-time pump activity and sales tracking, remote pricing and reconciliation systems at retail fuel stations, AI-powered pipeline leak detection, terminal automation for depot operations, digital tank gauging, and predictive maintenance.
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