Oil & Energy
‘$1.66bn From Int’l Donors Has Increased Power Generation’
The Managing Director of Transmission Company of Nigeria (TCN), Alhaji Usman Mohammed, says the 1.66 billion dollars received from international donors has increased generation capacity in the country.
The Tide recalls that reports that TCN recently received 1.66 billion dollars from multi-lateral donors to boost power supply in the country.
Mohammed disclosed this at the Nigeria electricity awareness walk, organised by TCN and Mainstream Energy Solutions Limited in conjunction with other Nigerian electricity industry stakeholders in Abuja, at the weekend.
He said that the capacity was less than 4,000MW but increased to over 7,500MW, which also increased the distribution capacity from about 3,500MW to 5,375MW in the highest peak in February.
”There is need to sustain investment in the sector especially in distribution segment, careful investment planning, regulatory consistency and transparency,’’ he said.
He said United Nations’ SDGs classified infrastructure along industry and innovation as goal number nine, while availability of clean and affordable energy was made to stand alone as goal number seven.
Mohammed said power stands out as the most important infrastructure, adding that many citizens knowingly or ignorantly were contributing to the crisis confronting the sector.
He attributed the poor development of the sector to vandalism of power infrastructure, building under power lines, preventing acquisition of power line right of way (ROW), among others.
He also said that electricity theft through illegal connection, meter by-pass and the refusal to pay electricity bills by consumers was a challenge for the sector.
Mohammed said the objective of the walk was to highlight the need for all Nigerians to appreciate sustainable development and growth of the Nigeria electricity industry as a national issue.
He said the electricity awareness walk was also targeted at ensuring that every Nigerian understood his or her role in the development of the electricity industry.
”Electricity industry is key to the sustainable development of the nation. Power infrastructure is expensive and requires extensive planning,” he said.
The Managing Director of Mainstream Energy Solutions, Mr Lamu Audu, who also took part in the awareness walk, said the country‘s economic development and electricity synergy were the same.
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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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