Oil & Energy
Forum Kicks Against Hosting Of NOG In Abuja
The Forum of South South Chamber of Commerce, Industry, Mines and Agriculture (FSSCCIMA) has opposed the continuous hosting of the Nigerian Oil and Gas Conference and Exhibition (NOG) in Abuja, saying that the trend contradicts international standards.
The Coordinator of the forum, Mr. Billy Gilly-Harry, who spoke to newsmen in Port Harcourt, last week, called on the Federal Government to move the annual oil industry event to the South South geo-political zone as the epicentre of Nigeria’s oil and gas industry.
He said the choice of Abuja was wrong, and described it as an attempt to undermine the South South states, which remain the hub of oil and gas exploration and production in Nigeria.
Mr. Gilly-Harry, who is also the national vice president of Nigerian Chamber of Commerce, Industry, Mines and Agriculture (NCCIMA), noted that all over the world, oil and gas conferences are not held in capital cities but at the oil hub of hosting countries.
He cited a clear instance of the United States of America, where Houston, Texas hosts the annual global oil industry technology show and exhibition, which draws participants from across the world, including Nigeria. The next edition of the event is expected in May.
“In Norway, the event is held in Stavenger, in the United Kingdom, it is held in Aberdeen,” he said.
“We, in the forum do not support the continuous hosting of the Nigeria Oil and Gas Conference in Abuja, the capital of Nigeria. There is no oil in Abuja. All over the world, oil industry annual events hold where oil is produced,” Gilly-Harry added.
The coordinator, therefore, called on the Federal Government to observe global trend and standard by moving Nigeria’s oil and gas conference and exhibition to Port Harcourt, the capital city of the South South or in the alternative, to any of the cities within the Niger Delta region.
Gilly-Harry disclosed that he had written to former President Olusegun Obasanjo, and President Umaru Musa Yar’Adua while in office, as well as the Nigerian National Petroleum Corporation (NNPC), the major organizer of the NOG but regretted that no positive response has so far been received.
“This trend must be reversed, if we must as a nation, embrace the principles of justice and fair play,” he stated.
It would be noted that for the past decade of NOG, it has been organized by NNPC in collaboration with a London-based event management company, CWG Group Limited, headed by Dr Alirio Parra.
The forum further kicked against giving hosting right to a foreign company, adding that such arrangement also contradicts the idea of local content emphasized in the oil industry bill.
Gilly-Harry called on the leadership of Dr Goodluck Jonathan to look into the hosting right of CWG Group Limited, and the role of NNPC in the anomaly, and review the process.
The coordinator expressed worry that given the enormity of funds that enters the treasury of international oil companies (IOCs), the industry operators can comfortably bring out funds to organize the event, and save the country millions of pound sterling spent on the event management.
Chris Oluoh
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Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
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