Business
Strive To Install Pre-Paid Meters, Conssumers Urge DISCOs
Electricity consumers in the South-East have urged electricity Distribution Companies (DISCOs) to strive to install pre-paid meters to all consumers to check over-billing and estimated billing that cause disagreements.
The consumers made the call yesterday in Enugu at a forum of the House of Representatives ad hoc committee to curb excessive electricity charges being levied on consumers by Distribution Companies (DISCOs).
An electricity consumer from Akwa, Mrs Eunice Nwoye, said that estimated billing made it difficult for artisans to make profit because it was high and not commensurate with the energy consumed.
“It is unbearable for someone operating a salon to pay as much as N5,000 when you hardly get uninterrupted supply each day.
“I believe if functional pre-paid meters are installed, it is definite you only pay for what you use,” Nwoye said.
Another consumer from Ogbete area in Enugu, Mr Chidi Madu, complained about inconsistencies in the estimated bills for his flat.
“My estimated bills have continued to increase from N6,000 to N8,000 and now N10,000.”
Madu noted that only pre-paid meter compliance would ensure that Nigerians stopped paying for what they did not consume.
However, some of the customers lauded the Enugu Electricity Distribution Company (EEDC) for the current expansion of its network.
They commended the EEDC for improving the rate of servicing and revitalization of malfunctioning electricity installations and lines.
The Manager of Aqua Ralph Nigeria Limited, 9th Mile, Mr Joseph Olorutobi, thanked the EEDC for fixing electrical faults within record time.
“Apart from the recent dispatch with which EEDC attends to electrical faults and breakdowns, it also finished the network expansion of lines with the 9th Mile Corner axis within some days,” Olorutobi said.
He, however, appealed to the Transmission Company of Nigeria (TCN) to provide more electricity supply to zone, especially as the population and industrial activities in Enugu had been expanding rapidly.
An artisan in Ogui Road in Enugu, Mr Chimezie Okechukwu, said the recent installation of pre-paid meters in their premises had reduced the money they spent on electricity.
Okechukwu noted that the bill had continued to drop from N8,000 to N4,500 since they used the light only during business hours.
In his address at the forum, Mr Abdulkadir Shettima, the Deputy General Manager, Nigeria Electricity Regulatory Commission (NERC), said the commission had put in place regulations to safeguard the rights and privileges of consumers.
Shettima noted that NERC had opened offices in virtually all states in the country to entertain the complaints of consumers and ensure that they were resolved.
Earlier, the Chairman of the committee, Mr Israel Famurewa, said the committee would aggregate consumers’ views on the challenges they faced and write a report formally to the House of Representatives.
“As a people, we must deliberate and come together at the local level as well as the House level to find lasting solutions to the issues and challenges bedevilling electricity supply in the country”, he said.
“At the end of the day, it entails fashioning out new laws or amending the existing ones; we will do it for the betterment of our people,” Famurewa said.
The News Agency of Nigeria (NAN) reports that hundreds of electricity customers from the zone attended the forum where most of their questions were answered.
Business
$5bn Train 7 Project 80% Complete -NCDMB
The Board stated this in a statement released by its Corporate Communications Directorate to newsmen, recently, during the inauguration of 140 trainees for the Train 7 Project.
The trainees had undergone the Nigerian Content Human Capacity Development (NC-HCD) programme it organised in partnership with the Nigeria Liquefied Natural Gas (NLNG) Limited in Port Harcourt, the Rivers State capital.
The Tide gathered that the training programme was an intensive three-month Advanced NC-HCD Programme for the US$5 billion NLNG Train 7 Project on Bonny Island, Rivers State.
The trainees, The Tide further learnt are graduates in different academic disciplines who have completed a 12-month Basic Training Programme in diverse oil-and-gas-industry-related skill sets and are now set for an on-the-job phase which includes active hands-on participation in operational areas such as Turn Around Maintenance (TAM), Commissioning, and Desktop Programmes.
The Corporate Communications Directorate of the NCDMB told The Tide that in November 2024, a set of 331 trainees under Batch A of the NLNG T7 HCD Training Programme began capacity development in facility management, engineering, Information and Communication Technology (ICT), Health Safety and Environment (HSE), Quality Assurance and Quality Control, as well as welding and fabrication.
According to the Board, additional 77 trainees under Batch B of the same Training Programme began capacity development in data analytics and supply chain management among several other fields relevant to the operations of the oil and gas industry.
While addressing the trainees and trainers who were drawn from the Oil and Gas Trainers Association of Nigeria (OGTAN), Management Personnel of the NCDMB and NLNG, the Executive Secretary of NCDMB, Engr Felix Omatsola Ogbe, said the Advanced NC-HCD training is more than a milestone.
“The NC-HCD training programme is an expression of the collective commitment of the Board and the NLNG to nurturing world-class Nigerian professionals who will shape the future of our oil and gas industry.
“The Board has remained steadfast in its conviction that Human Capital Development is a critical investment in the sustainability and competitiveness of Nigeria’s oil and gas value chain”, the NCDMB boss said.
Business
Ageing Aviation Workforce: Minister Urges Youth Grooming For Replacement
He said the situation has resulted in widened knowledge gaps and operational challenges.
As a globally regulated sector, he said it was important that stakeholders put measures in place to attract the talents required to move the industry forward.
Keyamo, therefore, called on stakeholders in the industry to be deliberate in identifying, encouraging, nurturing and harvesting young talents to ensure a sustainable supply of manpower to the aviation sector.
Director of Public Affairs and Consumer Protection of the FAAN, Mrs Obiageli Orah, in a release made available to aviation correspondents, noted that the Minister deemed it necessary to attract the right quality of human resources required to move the sector forward.
“As a globally regulated sector, it is important that stakeholders put measures in place to continually attract the right quality and quantity of human resources required to move the industry forward.
“It is important to note that organising training programmes are avenues through which we can breed, nurture, and harvest such human resources.
“One of the critical challenges facing the industry is the ageing and retiring workforce, leading to widened knowledge gaps and operational issues.
“Training programmes, I believe, is among other things designed to make aviation appealing to the younger generation, while encouraging them to develop interest in taking up a career in the industry”, the statement stated.
Meanwhile, some aviation stakeholders have expressed concerns of countless young Nigerians who seek to make their mark in aviation, tourism, and the wider transport ecosystem but often face steep barriers to entry.
According to them, lack of access, limited mentorship, financial constraints, skill mismatches, and systemic gaps, among others, have posed some constraints to them.
Business
Ogbe Gets Appo Board Appointment
The Tide gathered that by the appointment, Ogbe becomes Nigeria’s representative on the Board of the 18-member continental body, which has its headquarters at Brazzaville, Republic of the Congo.
Ogbe was picked for this role by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, who doubles as the Chairman of the NCDMB Governing Council.
The notice of the Executive Secretary’s appointment was conveyed in a congratulatory letter signed by the Director of Support Services, APPO, Mrs. Philomena Ikoko, on behalf of the Secretary-General of the organisation, Dr. Omar Farouk Ibrahim.
She applauded the NCDMB boss on the confidence reposed in him by the Minister, expressing her belief that he would make immense contributions to the development of the African oil and gas industry.
Mrs Ikoko stated that Ogbe was joining the Executive Board of APPO at a challenging time for the oil and gas industry, especially in Africa.
“Your appointment is a major call to duty for Nigeria and the continent. The secretariat will give you the support you will need to make a success of your assignment”, she said.
According to a statement by the Directorate of Corporate Communications and Zonal Coordination, the NCDMB played key roles in catalysing the operations of APPO and the development of local content in Africa.
The statement added that the board was providing institutional support and mentorship to several oil producing countries in their formulation of local content policies.
“The NCDMB initiated the African Local Content Roundtable (ALCR) and hosted the inaugural edition in Yenagoa, Bayelsa state, in June 2021, and the event was attended by key officials of APPO and other oil industry players.
“The idea for the Africa Energy Bank (AEB) was mooted by NCDMB’s officials at the event, as one of the strategies that would accelerate the growth of the African oil and gas industry and deepen local content.
“The Board also collaborated with APPO to host subsequent editions of the African Local Content Roundtable (ALCR), including the 2023 edition held at Abuja.
“The Africa Energy Bank, which APPO is setting up at Abuja, is aimed at pooling financial resources needed to fund big-ticket oil and gas projects across the continent, and bridge funding challenges currently impeding the development of the sector”, the NCDMB’S said.
Meanwhile, the APPO Secretary-General has said the Africa Energy Bank seeks to fund oil and gas projects across economies in Africa and help to plug critical financing gaps that exist through the continent’s over reliance on financiers from the West.
He added that each APPO member country is expected to raise $83 million with an objective of raising $5 billion capital for the establishment of the Bank.
The Tide learnt that recently Nigeria, Angola and Ghana have contributed their share capital for the African Energy Bank, which represents 44 percent of the trio’s contributions to the minimum capital that is required from oil producing countries in the continent.
It would be recalled that at the Nigerian Oil and Gas Opportunity Fair (NOGOF) held recently, the NCDMB’s Scribe confirmed that the agency was part of key institutions that pooled resources for the formation of the Africa Energy Bank.
Ogbe announced that the Bank will open for business before the end of the 2nd quarter of this year, 2025, expressing hope that it will create more funding availability for local oil and gas projects and companies.
Similarly, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, had stated at the Offshore Technology Conference that Afrexim Bank has already raised $19billion for the take-off of the Africa Energy Bank.
According to him, $14 billion out of the funds represents the bank’s financial exposure on African oil and gas projects, with the additional $5 billion as take-off capital.