Oil & Energy
Operators Of Resort, Hotels Lament Poor Power Supply Fuel Scarcity
Whispering Palms, a holiday resort in Badagry, Lagos State is experiencing low turn-out of fun seekers and revelers due to the lingering fuel scarcity.
The chairman of the resort, Prof Deji Femi Pearse told newsmen in Badagry over the weekend that the situation had discouraged tourists from visiting the resort.
He lamented that fun seekers who normally visit the resort could no longer come due to the fuel they would spend to come from long distance to the resort.
The chairman disclosed that on daily basis, the resort students but regretted that at present only between 30 to 50 visitors appear and that on some days none even showed up.
Femi Pears urged government to find lasting solution to the problem as it was affecting all sectors in the country.
This will have a negative impact on our fragile economy, he said.
Similarly, an hotelier in Port Harcourt said while government is harping on the development of the tourism sector, power supply remains the major challenge confronting the growth of the sector.
The hotelier, Maxwell Francis, Managing Director of Maxis Hotels Limited said over 35 per cent of income of meaningful hotel goes in servicing alternative supply.
Francis urged the incoming administration to find solution to the poor electiricty supply in the company for the nation’s socio-economic development.
He said power remains the key to any meaningful tourism business and until proper solution for the challenge is provided, the industry cannot grow in the country.
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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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