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"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

Scarcity: Fuel supply drops by 68.04 per cent

By Akinola Ajibade


The current fuel scarcity in the country may not unconnected with the drop in supply of the product from the Petroleum Products Marketing Company ( PPMC), a subsidiary of the Nigerian National Petroleum Company ( NNPC) Limited, the Major Oil Marketers Association of Nigeria ( MOMAN) Chairman, Mr Olumide Adeosun, has said.

MOMAN is made up of seven bigger oil companies in the nation's downstream sub-sector of the industry.

Adeosun said this, yesterday during a virtual media briefing on the scarcity of fuel in the country.

He said that the country has experienced drop in supply of fuel by 68.04 per cent in the last three months.

Accorfing to him, the sector has being experiencing a steady drop in the supply of petrol from the importer of last resort-the Petroleum Products Marketing Company (PPMC) in the last three months, adding that the industry hopes to get over deficiencies in the supply of the products soon.

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