Skip to main content

"Synergy, Commitment Are Key to Global Energy Sustainability, Says Bounour

By Favour Ifeoluwa & Akinola Ajibade  The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain.  He spoke during the maiden edition of  Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through  media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy  and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
Post a Comment

Dangote Refinery will redefine domestic market, says SPE, NCDMB



By Akinola Ajibade


Nigeria will become fuel sufficient as well as redefining the domestic market, once Dangote Petrochemical Refinery comes on stream this year, the Society of Petroleum Engineers (SPE) and the Nigerian Content Development and Monitoring Board (NCDMB) have said. 

They said this after  a tour of the facility in Lagos recently.

Dangote Refinery has capacity to process 650,000 barrels of crude daily into 

into pertoluem products, a development, which has made it the largest refining plant in Africa.

According to them, Dangote Refinery Plant would help improve usage of fuel locally and beyond, secure  the future of young engineers in the country and compete favourably with counterparts globally.

The Chairman, SPE, Prof. Olalekan Olafuyi,said that the your was necessitated by the need for members to see the reality of the massive project.

He said; " Much has been heard and written regarding the refinery. Coming here has given us the opportunity to see the level of completion, application of world class technology and massive equipment which are new to the Nigerian downstream oil and gas industry.

Adding that: ' We have heard before about Dangote Refinery Plant and have also seen that the project is for real. After touring the plant,  we are amazed by the level of work that has already been done and we are eagerly waiting for its completion. 

Similarly, the  Director of Planning Research & Statistics, Nigerian Content Development & Monitoring Board, Patrick Obah stated that said that Dangote Refinery is not only revelling in the glory as the world largest  single-train facility, but also contributing to the implementation of the  Nigerian Content Policy by  engagaing local  engineers. 

“It is  awesome that this kind of project is happening here in Nigeria.  For the first time I saw a tank that could hold 120 million liters of liquid at the Dangote Petroleum Refinery plant. We are indeed happy that we have this kind of facility here in Nigeria.There is no doubt that the project gives inspiration to all visitors who come on a tour of the refinery.


Ogah added.                            Hefurther commended  Dangote Group for the investments, adding that it would spur growth in the oil and gas industry.

In a related development, the Assistant General Manager, Learning and Development & Stakeholder Relationship Management Dangote Projects, Dr. Ebele Oputa, stated that the coming is dedicated to the training of 

 of young engineers in Refinery Operations in Nigeria and beyond.


 



Comments

Post a Comment

Popular posts from this blog

HAPPY 70 TO ELDER ADE ADEDAMOLA OGIDAN

PLATINUM BIRTHDAY ANNIVERSARY OF ELDER ADE ADEDAMOLA OGIDAN, A FOREMOST JOURNALIST & EDITOR By Favour Ifeoluwa & Akinola Ajibade Like a new born child, beaming with smiles for coming out of his mother's womb in order to live a fulfiled life, the celebrator,Ade Ogidan fits perfectly well into this category. Simply known as AAO, a shorten form of Ade Adedamola Ogidan, the thorough based journalist is without doubt, a  well grounded newsman.. With Bachelor of Science ( BSC) Degree in   Sociology and Anthropology( 1976 ) from University of Nigeria, Nsukka,  Ogidan has cut his teeth well in Journalism. Prior to this, he  taught in Osogbo Grammar School and worked at the Nigerian Communication respectively  after his youth service, a development, which no doubt prepared  him well for journalism profession and other future engagements. Pragmatic, resilient and outspoken, where it matters, Ogidan ensured  that his tenure as the first Chairman of Pineapple Estate, Ikorod
1 comment
Read more

NNPC Completes Mechanical Rehabilitation of Port Harcourt Refinery Plant

By Favour Ifeoluwa & Akinola Ajibade The Nigerian National Petroleum Company (NNPC) Limited, says that it has mechanically completed the rehabilitation of Area 5 Plant of the Port Harcourt Refining Company (PHRC). The nation's oil company began rehabilitation of the refinery two years ago, while at the same time, promised to complete its by 31st December 2023. The Group Chief Executive Officer, NNPC Ltd., Mr. Mele Kyari, said as of December 15th, 2023, 84.4% of Area 5 Plant, a key component of the Refinery, and 77.4% of the entire rehabilitation project have been completed. “In our quest to ensure that this refinery is re-streamed to continue to deliver value to Nigerians, we made a promise that we will reach a mechanical completion of phase one of the rehabilitation project by the end of December and get the other plants running in 2024. Today, we have kept those commitments,” Kyari stated. The GCEO commended NNPC's staff and the EPCIC contractors for doing a g
Post a Comment
Read more

Fed Govt Commences New VAT Sept 1

By Favour & Akinola Ajibade Buoyed by the resolve to deepen the country's revenue base and further and further speed up implementation of capital projects in Nigeria, the  Federal Government will in the next six days, precisely September 1, this year, starts collecting the  new Value Added Tax( VAT).  The government is achieving  this goal through the Federal Inland Revenue Service(FIRS).  FIRS, in a statement,  said subject to the Finance Act 2023, VAT withheld or collected, VAT on items excluded from building, the new Tertiary Education Tax rate of 3 per cent and Investment Allowances and Convertible Currencies will become effective September 1, 2023. Certain amended provisions of the Finance Act 2023 were enacted on 28th May, 2023 with the effective date of 1st May 2023. However, the effective date was changed to 1st September 2023. Some of the amended Sections are 14 (3) which deals on VAT Withheld or Collected. The VAT Act was amended to the effect that persons
Post a Comment
Read more