Oil & Energy
Expert Lists Measures For Effective Power Sector Reform

As part of measures of ensuring effective reforms in the Nigerian power sector an expert, Engineer Isaac Adekanya, has called for the liberalization of the sector for optimal service delivery.
Adekanya, who is an electrical engineer, made the call while speaking with The Tide in an exclusive interview in Port Harcourt, last week.
He urged the Federal Government to extend its liberalisation policy which led to the success of the Telecommunication industry in the country, to the power sector pointing out that, ” when the Telecommunication industry operated on a system of monopoly the services were not effective, but when the system was liberalised for more players to come in the services improved”.
He said more players should be allowed to participate in the power sector to enhance effective service delivery.
The power sector expert also faulted the operations of Distribution Companies (DISCOs), Transmission Company (TRANSCO), noting that the process of awarding the contracts was based on politics and commercial interest rather than professional services.
Adekanya who is a member of the Nigeria Society of Engineers and President of the Port Harcourt branch of the Nigeria Institute of Electrical and Electronics Engineers called for a review of the NigerianpPower sector in line with effective local content development.
He said professionals should be given opportunities to make input in policy formulation and implementation.
The NIEEE boss also faulted the process of power generation and distribution in the country, noting that it was in- sufficient to cater for the increasing consumption needs of the people.
He said a process where power is generated and stored at a central power station at Osogbo before distribution to the various states, was not enough to meet up the power needs of the various states, and therefore advised that power generation in the country should be based on comparative advantage as states should be encouraged to generate power based on available resources for development.
“The energy needs of the various states differ, so it is wrong to concentrate energy at a particular station for distribution across the country”, he stated.
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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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