Oil & Energy
PHED Ends Estimated Billing In Rivers, Others, Soon
Electricity consumers in Rivers, Bayelss,Akwa Ibom and Cross River State will soon heave a sigh of relief from erroneous billing as the Port Harcourt Electricity Distribution Company, in partnership with two other companies, has commenced sales of meters to customers within its operating States.Speaking during the flag off of the exercise last Thursday, the Chief Executive Officer, PHED, Naveen Kapoor, explained that the purpose of the program was to bring transparency and integrity in billing system through accurate energy measurement and also allow customers to manage their consumption efficiently. Kapoor explained that under the Metre Asset Provider (MAP) scheme, a third party vendor approved by the National Electricity Regulatory Commission ( NERC), based on necessary criteria, was granted permits to be the MAP for funding, supplying, installing and ensuring the integrity of the meters.According to him,” under the new policy, all customers are mandated to be metered and have to pay for the meter”.” PHED has adopted MAP policy to bridge the metering gap in her network and put to an end the lingering issue between her and her customers with the aim of strengthening relationship and bond with customers”.Kapoor disclosed that the distribution company has established billing reconciliation camps across its coverage areas to ensure smooth operations as well as fast tracking transition of unmetered and defective meter customers who are being billed on estimated basis and have outstanding debts payable to PHED.
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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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