NigeriaNews24

Tag: Power

  • Declare State Of Emergency In The Power Sector- Stakeholders Urges FG

    Declare State Of Emergency In The Power Sector- Stakeholders Urges FG

    Stakeholders in the Power Sector have called on the Federal Government to declare a state of emergency for total overhauling of generation, transmission and distribution of electricity in the country.

    They made the call in Abuja at the Third edition of Civil Society Roundtable discussion with Stakeholders in the Power sector .

    The stakeholders argued that the Nation could not develop without the Power sector; hence the urgent need for state of emergency.

    Addressing the stakeholders, the president of the Civil Society Groups for Good Governance (CSGGG), comrade Ogakwu Dominic Ogakwu said despite the investment of over $16 billion spent by previous administrations, Nigeria could only generate 5000 megawatts of electricity as against the current capacity of over 11,000 megawatts needed by consumers.

    Comrade Ogakwu said: “Even more worrisome is our inability to equitably distribute our generated capacity while faced with a stark reality that productivity and industrialization of any nation is hinged on Power supply.”

    He explained that the roundabout was to proffer solutions to the “critical challenges” of the power sector in the short term and suggest what could sustain the power supply in the long run.

    “The responsibility to get things right should not just rest on the regulator or electricity distribution companies alone, but civil society and electricity consumers must join hands to demand and direct the trajectory for improving service delivery as constitutionally required,” he advised.

    Declaring the event open, The Minister of power, Abubakar Aliyu revealed that government had initiated a series of reforms, including the vision 30-2030 and the strong desire to complete all the power projects across the country.

    Represented by the director, Reform Coordination and service improvement in the Ministry, Titilayo Agbeyo, the Minister said government would continue to play it’s role in providing the enabling environment for stakeholders and investors.

    Highpoints of the Roundtable included presentation of power sector documentary to the Stakeholders and certificate of performance to the Minister of power.

    The event, which brought together hundreds of participants from across the country, had as its theme “Boosting Nigeria’s power sector performance for overall socio-economic development of the nation”.

  • Nigerians spend N7trn annually on power generation- Expert

    Nigerians spend N7trn annually on power generation- Expert

    Nigerians, and by extension, their businesses, expend about N7 trillion annually on power generation, a Renewable Energy expert, Mr Stephen Ogboko, has said.

    Ogboko, also the Executive Director and Chief Operating Officer, Off Grid Tech Solutions Ltd., made this known at a virtual news conference in Lagos.

    He spoke on the theme: “Analysing the Benefits of Technological Innovation.”

    According to him, this is inefficient, expensive, noisy, polluting and of poor quality.

    He said that inadequate power supply had been a major challenge facing businesses in the country, forcing them to source for alternative power supply for their operations.

    The executive director said: “Nigeria is among the countries with a very high need of electricity.

    “A significant amount of the economy is powered largely by small scale generators and almost 50 per cent of the population have limited or no access to the grid.

    “This could be effectively tackled with the deployment of off-grid renewable energy solutions by making electricity more cost effective and environmentally friendly.”

    He described renewable energy from off-grid resources as sustainable and cost-effective for farmers and Small and Medium Enterprises (SMEs).

    Ogboko said the Off Grid Tech Solutions Ltd. partners with the global innovators of off-grid solutions to provide reliable.

    He said: “This is cost-effective and lasting solutions to societal problems toward improving the lives of people in developing nations.

    “Our team of experts have worked all over Africa, and continue to work to provide solutions to a variety of sectors.

    “We have marketed and delivered smart off-grid solutions for many years, providing permanent, efficient, safe and affordable solutions.”

    Ogboko said that the firm specialises in the marketing of heat lamps and incubators, gas powered air conditioners and cooling fridge, mobile power solution-solar energy box, pressure cookers, among others.

    He said that notable partners of the initiative were the Federal Ministry of Agriculture and Rural Development (FMARD), United Kingdom Department for International Trade (UK-DIT), International Institute of Tropical Agriculture (IITA), All Farmers Association of Nigeria (AFAN), Buckler Group, and Tywit.

    The News Agency of Nigeria (NAN) reports that off-grid renewable energy solutions support the expanding access to modern energy services in an environmentally sustainable manner.

    Off-grid renewable will deliver a wide spectrum of electricity services for households, public services, and also serve commercial and industrial purposes.

    Off-grid energy solutions is one of the key drivers of the nation’s push for industrialisation. (NAN) (www.nannees.ng)