Oil & Energy
PENGASSAN Harps On PIA Implementation, Re-Orientation To Redeem Nigeria
Saddened by the myriad challenges plaguing most oil and gas host communities, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for the implementation of the Petroleum Industry Act (PIA) to further address the issues and ease the relationship between oil companies and host communities.
PENGASSAN also said the Nigerian nation needed a re-orientation to be able to tackle the numerous challenges bedeviling it.
The President, PENGASSAN, Festus Osifo, made the call at the National Executive Council (NEC) Meeting of the association held in PortHarcourt.
Osifo, who lamented the non-mplementation of the provisions of the PIA by most operating companies, stated that these companies have not begun remittance of the three percent of the previous years expenditure to the fund as mandated by the law.
.He stressed the need for all relevant stakeholders to ensure implementation of the provisions of the act for a hitch free oil business environment and eonommy boost.
Noting that the country was at a crossroads which he said has resulted in hardship for many of its citizens, the PENGASSAN boss insisted that an effective re-orientation campaign was integral to achieving the process of a richer and safer economy.
According to him, to begin the journey to achieving genuine rebirth and meaningful re-orientation, Nigeria must eradicate corruption, prioritise education, engage the youths and instill in the citizens a sense of unity, patriotism and national pride.
.Osifo said education would not only awaken the minds of the citizens, but also promote critical thinking, and foster the sense of national pride.
The PENGASSAN chief said this could be achieved through the reinforcement of the country’s national symbols, the celebration of diverse cultural heritage, and the promotion of the nation’s rich history.
To tackle the nation’s electricity challenges and improve power supply, Osifo urged the government to increase power generation capacity by investing in renewable energy.
While calling on the government to rehabilitate and upgrade infrastructure, Osifo said the national grid must be unbundled to smaller units scattered across different states of the federation.
“PENGASSAN demands for the umpteenth time that the Federal Government should take bold steps to encourage local refining of crude oil.
“It is time for us to unlock our potential and seize control of our energy future. The ongoing rehabilitation of the existing refineries must be sustained”, he said.
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Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
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