Oil & Energy
Body Lauds FG’s Hydro Power Projects
A body known as Nigeria Institute of Electrical Electronic Engineers, has commended the Federal Government’s efforts in wooing potential investors for its 2,100 hydro megawatts power projects to boost power generation transmission and distribution across the country.
President of the Port Harcourt branch of the institute, Engr Isaac Adekanya, gave the commendation while speaking with The Tide in an interview in Port Harcourt at the weekend.
The body which called for more electricity generation in the country to address the power needs of Nigerians said the initiative by the Federal Government should be consolidated for effective service delivery in the power sector.
Adekanya also canvassed for more pragmatic reforms in the power sector, through the involvement of experts in policy formulation and implementation.
He also called for the total liberalisation of the power sector to enhance competition and effective service delivery, noting that the present structures and operations of Discos, Gencos, and Transcos were mostly commercial driven and not service oriented.
He called for greater synergy between the industry and the academic institutions in terms of research and development in the power sector.
According to Adekanya, the prospect of growth of the power sector in the country depends on the adroit use of the various power potentials in different parts of the country, such as, solar, hydro, and gas.
The Tide recalls that the Minister of Water Resources, Suleima Adamu, has recently disclosed that the national water resources Master plan and road map, identified that; “Nigeria has a hydro power potential of 12,220 megawatts, but only 1,930 megawatts of this potentials had been developed at Kainji, Jebba and Shiroro Dams”.
The minister further disclosed that the Federal Government was in advanced discussion with potential investors for other hydro power projects, including Gurara II (350 MW), Lokoja (750 MW), and Markurdi (100 MW), among others.
By: Taneh Beemene.
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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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