Oil & Energy
Eko Electricity Company Targets 20-Hour Power Supply Daily
The Chief Executive Officer, Eko Electricity Distribution Company, has assured its customers of a 20-hour electricity supply daily by December.
Amoda gave the assurance in Lagos during the conferment of the ‘Africa Distinguished Gold Service Award’ on him by the Centre for Democratic Governance in Africa, based in Abuja.
He said that all the electricity Distribution companies (Discos) had been mandated by the Federal Government to ensure that the cities had a minimum of 20-hours of electricity supply, daily.
According to him, the Eko Distribution Company also wants to key into the Federal Government’s directive and ensure that customers within our network enjoy uninterrupted power supply by December.
“We urge customers to support the electricity distribution companies to achieve the projection.
“The present administration under President Goodluck Jonathan has improved the power sector tremendously, to benefit the masses,’’ he said.
Amoda said that the sector had been comatose for over 20 years during the military regime, adding that its improvement started under the civilian administration.
He said that all ongoing projects within the zone were meant to improve service delivery when finally completed.
According to him, the Nigerian National Petroleum Corporation (NNPC), with the support of the Federal Government, have an agreement on a satisfactory pricing regime with those who will make the gas available.
Amoda said that regular power supply would help in combating some challenges facing manufacturing companies in the country,
The PHCN boss, therefore, urged the workers to put in their best, to upgrade service delivery in the zone.
He, however, said that no worker would be sacked in the course of privatisation of the power sector.
Amoda thanked the management of the centre for giving him the award.
According to him, the award is dedicated to all workers of Eko PHCN for their support and hard work.
“If not for them, I will not be standing this morning to receive this award.
“I promise to offer myself for more excellent and quality service delivery to my fatherland and to the growth of the power sector,’’ Amoda said.
Dr Dafe Akpocha, the Director General, Centre for Democratic Governance in Africa, said the award was given to Amoda considering his selfless service, quality service delivery and effective innovation.
Akpocha said that the award was usually given to individuals and companies that have distinguished themselves through effective service delivery.
The director general appealed to Nigerians to invest in the country, rather than investing in other countries which would not impact on the lives of the people.
“Nigeria is a great country and we must collectively support the socio-economic growth and progress of the country,’’ he added.
Oil & Energy
Reps C’mitee Moves To Resolve Dangote, NUPENG Dispute

Oil & Energy
Increased Oil and Gas: Stakeholders Urge Expansion Of PINL Scope

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.
-
News12 hours ago
Stakeholders Tasks Fubara on recognition of Nwoga As Nzeobi of Egbema kingdom ….laud Tinubu for lifting Emergency in the state
-
Sports11 hours ago
Palace End Liverpool’s Invincibility
-
Oil & Energy12 hours ago
Reps C’mitee Moves To Resolve Dangote, NUPENG Dispute
-
News11 hours ago
China sentences former Agric minister to death
-
Sports12 hours ago
Makinde Expresses Readiness To Host Super Eagles
-
Niger Delta12 hours ago
Warri Crisis: Oborevwori Sues For Peace
-
Politics12 hours ago
Experts Want ECOWAS Parliament To Tackle Fake News
-
Sports11 hours ago
Man Utd Lose, Again