Oil & Energy
‘New Electricity Tarrif Ill-Timed’
The Chairman of Nigeria Union of Journalists, Rivers State Council, Mr Opaka Dokubo has said that the introduction of new electricity tarrif by Nigeria Electricity Regulatory Commission (NERC) with effect from July was wrongly timed.
Opaka, who was responding to questions from journalists in his office in Port Harcourt, explained that Nigerians would be willing to pay any increment in the tarrif when they see some reasonable improvement in power supply but added that a situation where the people were asked to pay additional cost for services not really there in view of the epileptic supply of power was abnormal.
“The problem is not how much tarrif but let us see what we are paying for. You have not seen anything and somebody is saying you should pay. The moment we have steady supply of light, we shall pay”, he said.
The NUJ boss noted that Nigerians daily suffer poor supply, generator maintenace, cost of fueling and other hazards with people dying of generator fumes should be considered.
He maintained that what Nigerians spend to provide alternative power supply is high, as such, the increment in tarriff is not scaring but the issue, he stressed is improvement in supply.
Mr. Dokubo described the introduction of higher tarrif at the present period as another direct way of adding more pains to suffering Nigerians.
He advised NERC to consider ways of alleviating the pains and suffering of Nigeirans in regulating the tarrif.
Chris Oluoh
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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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