ENERGY

Wale Tinubu, Ibe Kachikwu fly the Nigerian flag at Africa Oil Week 2018

Published

5 years ago

Wale Tinubu, Ibe Kachikwu fly the Nigerian flag at Africa Oil Week 2018

Oando PLC Group Chief Executive, Wale Tinubu, Minister of State, Petroleum Resources, Dr Ibe Kachikwu, Executive Secretary, Nigerian Content Developing and Managing Board (NCDMB), Engr Simbi Wabote were key participants at the recently concluded 25th Africa Oil Week (AOW) in Cape Town, South Africa.

In addition to being a platinum sponsor, delegates from the Oando led by Wale Tinubu provided the Nigerian business perspective on various panels. Speaking on an economic outlook panel titled: “Can Africa’s Upstream Play a Significant Role in the Context of the Global and Regional Energy Landscape.”

Wale Tinubu said: “We have been substantially supported by the Government’s local content policies which have effectively enabled indigenous players step in and play a significant role in the sector. In Nigeria today, out of the 2 million barrels of oil being produced, 400,000 can be attributed to indigenous production.”

Alongside Wale Tinubu on this panel, were Jens Frølich Holte, State Secretary, Ministry of Foreign Affairs, Norway; David Hicks, Senior Vice President: Upstream, IHS Markit; Jasper Peijs, Exploration Vice President, BP; Mounir Bouaziz, VP Commercial/New Business Development South America & Africa, Country Chair Dubai & Northern Emirates, Shell and Paul McDade, CEO, Tullow Oil.

Dr Kachikwu spoke extensively on the oil sector’s impact on the Nigerian economy during the Ministerial Insights: National Exploration & Production Strategies’ panel. He said: “The oil sector has been a catalyst for growth in the Nigerian economy. It has also driven technology. Privately owned companies in Nigeria have gotten to a point where they can go to other African countries as investors and service providers.” The sessions covered various topics including future trends, hot spots and drilling programmes, governance, transparency and equitable growth, to future outlooks and energy transition outlook to 2050.

Also speaking on “Private Sector: Creating Equitable Frameworks and High Quality Local Supply Chains”, the Chief Operating Officer of Oando Energy Resources, Dr. Alex Irune said: “The indigenous private sector has an important role to play in taking the knowledge and value gotten from collaborating with the IOCs and other sector players in the country, transferring that down the value chain to build efficient and effective supply chains that are able to retain value in country.”

Oando’s participation at the conference further reinforces its position as the preferred indigenous oil and gas company in the country. The company has indeed carved a niche for itself as an independent indigenous oil and gas company flying the Nigerian flag at global events that shape the future of the sector and the world in general. Events such as the World Economic Forum (WEF) in Davos, CERA in Houston, Oil Council, Africa Assembly, Africa CEO Forum, OPEC International Seminar, to name but a few. At these events, Oando has engaged in open and transparent dialogue with a broad range of stakeholders to analyse and proffer solutions to global issues.

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ENERGY

Ikeja Electric rolls out prepaid meters for Ikorodu customers under MAP Scheme

Published

4 years ago

Christopher

Ikeja Electric rolls out prepaid meters for Ikorodu customers under MAP Scheme

Ikeja Electric Plc. (IE), one of Nigeria’s leading electricity distribution companies has announced the roll-out of prepaid meters for customers in the Ikorodu Business Unit.

According to the Disco, the deployment and installation of prepaid meters to customers in Ikorodu, which will be carried out by one of its MAPs, New Hampshire Capital limited, will commence on June 17th 2019 following the successful registration and subscription for meters by thousands of customers spread across Ikorodu and Epe.

This was made known at a media briefing held in Ikorodu which was attended by customers, stakeholders under Ikorodu Business Unit of Ikeja Electric. According to Ikeja Electric, this is part of the first phase, which will further extend to Abule Egba and Shomolu Business Units next week.

The Nigerian Electricity Regulatory Commission (NERC empowers third party companies identified as Meter Asset Providers (MAP) to procure and install meters for electricity consumers under this scheme. Customers applying for prepaid meters are expected to visit map.ikejaelectric.com to register.

Speaking on the roll-out, Head of Corporate Communications, Ikeja Electric, Felix Ofulue said, “In line with NERC regulations, customers are expected to pay for meters. Through the online process, customers are to abide the rules and regulation guiding the metering process and they should not to pay cash to anyone or fall prey to unscrupulous element who may want to take advantage of the scheme to fleece customers. They will be advised on the designated channels for payment”

While explaining the process, he noted that every customer is expected to go through the Know Your Customer (KYC) process and also agree on settlement of the outstanding debt. After this, account survey will then be carried out before payment for prepaid meter is made. The meters will be provided and installed within 10 working days of payment.

Ofulue also advised customers who dispute their outstanding bills to take advantage of the various repayment options available during the KYC process. Outstanding balance can also be rolled over into the customer’s prepaid account and paid in instalments.” he said.

According to him, the stipulated cost of a single-phase meter is N38, 850 while a three-phase meter is N70, 350. These are all inclusive of VAT.

To apply for the prepaid meter, customers are to complete or update their details by visiting http://map.ikejaelectric.com/. They can send email to CustomerCare@ikeJaelectric.com or call on any of 01-448-3900, 01-700-0250 and 0700-022-5543 for further information.

ENERGY

The Rise Of Air Pollution, And What We Can Do About It

Published

4 years ago

In March 2019, Tropical Cyclone Idai, a category 2 storm, made landfall near Beira City, Mozambique and caused so much catastrophic damage that left over 600 dead and over 1,500 missing. Barely a month after, a different storm, Tropical Cyclone Kenneth hit Mozambique’s Cabo Delgado Province, also causing widespread devastation. Over 4,000 kilometres away in Port Harcourt, Nigeria, the continuing emission of black soot is incubating a series of disastrous long term effects such as respiratory tract infections.

Although these events may seem unrelated, they boast an underlying singular cause – the furtherance of global warming and climate change, driven by CO2 emissions and other air pollutants. The World Health Organization (WHO) estimates that 92% of people worldwide do not breathe clean air.

Around the world, air pollution costs economies $5 trillion yearly in welfare. Ground-level ozone pollution is set to cause a 26% reduction in staple crop yields by 2030. But what actions are causing this rise in air pollutants? What is the worst-case scenario if we’re not able to tackle this catastrophe? And do our everyday activities promote (and possibly reduce) its effect?

The Use Of Fossil Fuels Is Driving Air Pollution

One of the primary sources of air pollution is the emission of sulphur dioxide from burning fossil fuels. Our cars, trucks, planes and other means of transportation we use regularly are the major causes of this emission. This is particularly more prevalent in cities around the world with more relaxed laws on vehicle worthiness as cars and other vehicles with properly serviced engines produce less of these harmful pollutants.

Agricultural activities, such as the use of pesticides and fertilizers, burning of farmland, are also significant sources of air pollutants. This is one of the reasons why air pollution has been difficult to beat; we rely so much on these processes for moving around and growing the food that we eat.

Drought, Floods and Cyclones Are All Linked To Air Pollutants

The implications of air pollution on human, animal and plant life are far-reaching; it has been linked to disability and early death as a result of respiratory diseases, cancer and many other health diseases. The effects on our planet are perhaps even more catastrophic; air pollution is playing a pivotal role in the growing impact of drought, flooding and even cyclones.

ENERGY

EASTER HOLIDAY: IKEJA ELECTRIC ASSURES CUSTOMERS OF EFFICIENT SERVICE DELIVERY

Published

4 years ago

Christopher

EASTER HOLIDAY: IKEJA ELECTRIC ASSURES CUSTOMERS OF EFFICIENT SERVICE DELIVERY

Lagos, Nigeria; April 18, 2019: In a move that clearly demonstrates its readiness to deliver efficient services to customers, leading Electricity Distribution Company, Ikeja Electric Plc (IE), has assured customers across its network of its commitment to ensure hitch-free services during the Easter holiday.

While wishing all its customers a safe and enjoyable holiday season, on behalf of the company, the company’s Head of Corporate Communications, Felix Ofulue, also urged customers to take advantage of its numerous channels for payment of electricity bills to avoid disconnection during the holiday period.

Ofulue explained that measures have been put in place to ensure network stability and smooth operations during the Easter holidays. “In anticipation of customers’ expectations during the holiday, we have provided a maintenance process to monitor and patrol the network to ensure faults are cleared as and when due and also mitigate the effect of any threat to supply,” he said.

He also cautioned against harassment of its employees on duty, noting that IE has provided multiple channels and customer care touch points through which customers may seek redress. He confirmed that Customer Service has expanded its teams dedicated to handling customer complaints and they can be reached on 01-448-3900, 01-7000-250, 0700-022-5543.

Ofulue further reiterated IE’s commitment towards improving its service delivery, stressing that the company has been replacing defective utility poles and transformers to ensure safe and efficient distribution of supply. He also advised customers not to resort to using those unqualified electricians to clear fault in their areas, adding that such activities were usually responsible for most of the technical problems on the network.