Oil & Energy
LGA Gets Power Outage After Three Years
The Ibadan Electricity
Distribution Company (IBEDC) has promised that Ona-Ara Local Government Area of Oyo State would begin to enjoy power supply once again after three years of outage.
Managing Director of the Company, Mr Fortuna Leynes, gave the assurance during a ceremony to kick-start the rehabilitation of two 15MVA transformers at the Akanran Injection substation recently.
The Tide gathered that Onu Ara Local Government has not enjoyed power supply since the 2009 fuel subsidy protest nationwide during which some protesters set fire on the two transformers which are now being rehabilitated.
The Managing Director was quoted in a statement of saying that even though the problem was inherited, the company felt it was necessary to fix the affected transformers, a project he said would cost over N150 million.
He said, “The people have suffered, so also has the company. IBEDC, as we all know is just seven months old. We inherited this challenge.
But we believe that by the end of August, 2014 the people and the communities in Ona-Ara will start enjoying power supply.
“I will like to highlight a few things that need attention in order to ensure this new beginning and make a lasting positive impact on the socio-economic life of the area. As we know, a lot of changes have taken place in the last three years, new building, renovations and migrations have taken place. The new opportunities call for recapturing and enumeration of customers afresh.
He particularly noted that the situation requires a customer population data update as the past figure of thirty thousand customers was no longer tenable and appealed for the co-operation of everyone to enable the exercise work effectively.
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Oil & Energy
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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