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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
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'Market-Based Regime Will Stimulate Growth in Africa'

Emmanuel Magani 


By Favour Ifeoluwa & Akinola Ajibade


Sahara Group,has advised Nigerian Electricity Regulatory Commission ( NERC) and its counterparts in other African Countries to adopt a market-based regimes, in order to provide sustainable gas development in the continent. 

According to the company, appropriate pricing of the commodity remains the only way to enhance investment, increase production and consumption growth in countries across Africa. 

Also, the group called for the inclusion of investors in gas policy development frameworks as part of the process of enhancing capacity and competitiveness of the sector in Africa.

Speaking during the panel session on the subject, “The Game Changer: Enhancing African Gas Development Strategies and Investment Opportunities,” at the recent African Energy Week, AEW 2023, in Cape Town, South Africa, Managing Director, Sahara Group Limited, Emmanuel Magani, said: “It is also important to have the private sector drive a lot of the gas projects. We have the West African Pipeline Project, WAGP that delivers gas to Benin, Togo and Ghana which has the potential to further play a huge role in regional gas development given market-based regimes and adequate investments.”

He said: “It is important to have the right type of market regime in order to ensure adequate returns to all key stakeholders. We need to have a market-based price regimes to drive and support the level of infrastructure required to transform gas development and utilisation in Africa. Gas can also play and increased role in Africa’s commitments to reduce carbon emissions.

Magani noted that as a leading player in Africa’s oil and gas sector, including operations in Asia, Europe and the Middle East, Sahara Group continues to seek investments and collaboration towards positioning gas is a key resource for transitioning to net zero.

“Sahara Group remains committed to providing adequate energy for different purposes, including industrialisation and domestic cooking. We are through our LPG operations contributing remarkably to efforts aimed at ending firewood and charcoal utilization by putting up the right infrastructure to drive storage, distribution, and access to LPG in Africa.

” In the power sector, Sahara Group provides 20 to 25 per cent of Nigeria’s electricity supply on any given day. In other words, one out of four electricity bulbs is powered by us. The number will be higher as we continue to expand. We work closely with other stakeholders in Africa to promote our vision of bringing energy to life responsibly, leaving no one behind,” he added

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