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
By Favour & Akinola Ajibade
The Federal Governmentt's efforts in deepening gas utilisation in the country is in line with global energy transition, the Managing Director,NIPCO Plc, Mr Suresh Kumar has said.
NIPCO is an integrated Oil & Gas company,which boasts of detail outlets nationwide.
Speaking at the company’s 19th Annual General Meeting (AGM) in Abuja, Kumar said the government has done well, by deepening gas utilisation in Nigeria, adding that it should be commended for that noble efforts.
He said that there is need for more concerted efforts in the areas of infrastructure, urging stakeholders to guarantee access to the products in Nigeria.
According to him, operators are expecting speedy completion of the Abuja-Kaduna-Kano (AKK) gas pipeline and the subsequent connection of more cities to the gas pipeline across the country.
He expressed satisfaction on NIPCO activities in the industry and gas sector in particular, stressing that it is noteworthy.
“It is worthy of note with its wholly owned subsidiary, NIPCO Gas Limited (NGL). The company has continued to deepen domestic gas utilization through access to both CNG for auto use and piped natural gas for industrial usage. “It has constructed and laid over 100 kilometres big gas pipeline and currently in Lagos – Ibadan expressway linking Ogun State to its neighbouring Oyo State via gas pipeline.”
According to him, NIPCO Gas Limited (NGL) embarked on the construction of three CNG refill stations in the Federal Capital Territory (FCT) and environs in 2022 to facilitate access to gas by motorists and other end users.
He equally informed that these two of the stations are almost ready in the FCT with the Abuja airport road station servicing the newly inaugurated mass transit buses for civil servants in the territory among other motorists.
“NGL is entrenching its presence across the federation encouraging a switch to natural gas by motorists and industries as a preferred energy source through massive investment in infrastructure to improve access. “It is also a stakeholder in the Federal Government National Gas Expansion Program with her footprints in several states with conscious plans to cover the entire country soonest,” he added.
Despite the challenges associated with gas infrastructure, the MD told the teeming shareholders, “Our dear company has been able to pull through with a modest performance that has contributed to guaranteeing a good return on your investment. Our company will continue to act in concert with its peers in the industry to achieve energy security for Nigeria.”
While reviewing the company’s 2022 performances, he hinted, “Our performance in 2022 was mainly on a long-term growth strategy that was anchored on prudent management of resources, cost optimization, teamwork and unflinching support of the Board of Directors.”
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