Oil & Energy
IPMAN Gives Recipe To Products Scarcity
An aggressive policy that gives the building of new refineries a priority in the petroleum sector reform agenda is the one way of the quagmire which products scarcity has plunged this country into over the last couple of years.
Consequently, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that if the problem of products scarcity is to be addressed frontally, then the Federal Government needs to repair existing refineries and build new ones while at the same time encouraging private investors to build more refineries.
Rivers State Chairman of IPMAN, Chief Samuel Osaroejor, who said this while fielding questions exclusively from The Tide in his office, last week, also stressed that for the private investors to breakeven in the business, licenses given to some few Nigerians to import petroleum products should be withdrawn.
Osaroejor remarked that the refineries in the country were functioning far below installed capacity because all equipment used during their construction, and or some installed during the infrequent turn around maintenance (TAM) of the plants were obsolete.
On the availability of kerosene in the state, the IPMAN chairman restated the readiness of his members to make the product available at the official pump price of N50 per litre, saying that corruption was the major problem causing not just scarcity but high cost of the product in the state.
He decried a situation where even IPMAN executive members would not have kerosene in their filling stations, stressing that “there is no way I will have kerosene and will not sell at N50 per litre”, official pump price.
In another development, IPMAN’s Western Zone Chairman, Comrade Olumide Ogunmade has reiterated the association’s readiness to partner with the Nigerian National Petroleum Corporation (NNPC) in making products available to Nigerians, if NNPC exhibits some level of sincerity in products distribution.
But Ogunmade attributed the inability of the oil-rich nation to make products available and affordable to Nigerians, 50 years after Independence, to undue bottlenecks created by the Pipelines Products Marketing Company (PPMC), a subsidiary of the NNPC which supplies and distributes petroleum products.
He reiterated that for government to get its ark right, it must make products available to independent marketers, who are closer to the people first, saying that the priority given to major marketers was not in the economic and security interest of the nation.
Ogunmade also alleged that PPMC does not accept drafts from independent marketers before they are allocated products while the major marketers’ drafts are honoured expressly, saying that it was unfair for the NNPC arm to discriminate against indigenous products marketing companies in the business of supplies and distribution of products.
The IPMAN boss challenged the PPMC to give equal opportunities to all marketers irrespective of their capital base and ownership structure, saying that the independent marketers were financially sound and had good reputation and integrity to run transparent and profitable businesses.
Vivian-Peace Nwinaene
Researchers in Hong Kong and China have developed a new form of battery that is more eco-friendly and longer lasting than lithium ion batteries – and it runs on tofu brine. The new water battery is still in research phases, but if the technology proves to be scalable enough to hit commercial markets, it could be a game-changer for the energy and tech sectors.
“Compared with current aqueous battery systems … our system delivers exceptional long-term cycling stability and environmental friendliness under neutral conditions,” the research team, composed of scientists from the City University of Hong Kong and Southern University of Science and Technology in Shenzhen, Guangdong, said in a paper published this month in Nature Communications.
The researchers found that their battery model can be recharged over 120,000 times. “At over a hundred thousand cycles, this could mean a single water-based battery could last at least a decade or so,” states a recent report on the breakthrough from Interesting Engineering. “For applications like grid storage (solar farms, wind balancing), that’s extremely valuable,” the article went on to say.
This kind of lifespan would represent a drastic improvement over the battery technologies that dominate today’s market. Lithium-ion batteries degrade after between 1,000 and 3,000 charge cycles. This could prove revolutionary, as finding an alternative to lithium-ion batteries to power rechargeable devices is a major priority for Big Tech and the global energy sector.
Moreover, these tofu-brine batteries could prove safer and more environmentally friendly than lithium-ion batteries. According to the study authors, the full cells are environmentally benign and nontoxic and can be directly discarded to environments according to various standards.” Water based (also called aqueous) batteries can also potentially be cheap to produce as they rely on ingredients that are less rare in addition to being less hazardous.
Lithium is environmentally harmful to extract, prone to fires, and its supply chains are geopolitically fraught. Currently, China alone controls half of the global lithium market, and is rapidly increasing its stake. In 2024, more than eight in ten battery cells on the planet were made in China. This means that finding a battery model that can compete with lithium-ion batteries in applications like grid-scale energy storage and electric vehicles would have revolutionary implications for global markets.
Researchers around the world have been racing to develop battery models that could diversify the market and make it more competitive and resilient. These models range widely in size, components, and application, with models currently under development for next-gen sodium-ion batteries, quantum batteries, nuclear batteries, and even sand and dirt batteries.
Of course, the irony is that the leading alternatives to lithium-ion batteries are also being developed in Chinese labs. If this new tofu-brine battery proves scalable and applicable outside of a laboratory environment, it could just be another step toward Beijing’s goal of near-total domination of clean energy technology value chains and status as the world’s first and premiere ‘electro-state.’
China’s extreme advantage in global battery making gives it a major point of leverage in global economies as the world continues to electrify at a rapid pace. It is estimated that European demand for lithium in batteries will reach kilo tonnes (thousands of tonnes) of Lithium Carbonate Equivalent by next year, and North American demand will reach 250 kit LCE. it’s all but certain that the vast majority of that demand will be supplied by China.
Other nations are aware of the risk of this dependency, and are taking pains to protect and promote domestic battery manufacturing, but these efforts may be too little, too late. “For globally competitive battery manufacturing industries to emerge outside of Asia over the next ten years, companies will need to do far more than ensure regulatory compliance,” summarizes a McKinsey & Company report released in January. “Challenges will need to be overcome on multiple fronts spanning supply chains, talent management, operations and technology.”
By: Haley Zaremba
The Rural Electrification Agency (REA) says it will spend N100 billion in 2026 to deploy hybrid mini-grids for government agencies within and outside Abuja.
The Managing Directors, REA, Abba Aliyu, disclosed this while addressing newsmen on the sidelines of the 2026 budget defence session
The approved funds form part of the National Public Sector Solarisation programme, a component of the agency’s broader N170 billion budget proposal for 2026.
The initiative is designed to improve electricity reliability for public institutions while reducing operational costs and easing pressure on the national grid.
Aliyu explained that the agency’s total proposed budget for 2026 stands at N170 billion, with N100 billion of the amount dedicated specifically to the solarisation initiative targeting government agencies.
He said the hybrid mini-grid systems combine solar power with complementary energy sources to ensure an uninterrupted electricity supply.
“The total budget size for 2026 operations is N170 billion, out of which N100 billion had been approved for National Public Sector Solarisation.
Aliyu cited the National Hospital in Abuja as an example where similar infrastructure had been deployed to ensure stable power and cut operational expenses.He added that beyond the Solarisation
Recall that earlier in February 2026, REA signed a Memorandum of Understanding with the Economic Community of West African States (ECOWAS) to deploy solar power systems to 15 public institutions across Nigeria.
The project will be implemented under the Regional Off-Grid Electricity Access Project (ROGEAP), a World Bank-supported initiative aimed at expanding off-grid electricity access across West Africa and the Sahel.
ECOWAS will provide a $700,000 grant to fund the installation of solar photovoltaic systems in selected rural health centres and schools in the Federal Capital Territory, Niger, and Nasarawa States.
Oil & Energy
PIA: TotalEnergies Transfers OLO Oilfield HCDT Obligation To Aradel ……Says HCDT Enabled Completion of 100 Projects In 2 years
In his remarks, the Community Affairs Manager, Aradel Holdings Plc, Blessyn Okpowo, affirmed the company’s commitment to honouring all PIA obligations and continuing Total Energies’ community engagement approach.“We want to say that in line with the PIA, we will honour commitments and duties required of the settlor and we want to work very smoothly with the way TotalEnergies has worked with them,” he stated.
He recognised the Commission’s role in approving the Community Development Plan (CDP) before project start, underscoring regulatory excellence.The parties noted that between 2023 and 2025, the trust has enabled the completion of more than 100 community projects, spanning water supply, electricity, road infrastructure, education, and healthcare with a further 40 projects currently ongoing.
