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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...

"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 the industry. Bounour further said that Egbin's comprehensive approach to sustainability includes asset management, energy efficiency improvement, sustainability and environmental impact management, and fugitive emissions minimization. T

These programmes, he said, are strategically designed to effectively address carbon emissions and promote cleaner energy initiatives.

 According to him, Egbin Power drives sustainability through afforestation, adoption and enforcement of ANSI Lighting Design Standards for the Egbin built environment, a gradual switch from Internal Combustion Engines (ICEs) to Compressed Natural Gas (CNG) and the integration of Electric Vehicles (EVs) into the company's operations, among other interventions.

 

“These actions demonstrate Egbin Power's commitment to thinking globally and acting locally, ensuring that deliberate and impactful steps are taken to promote sustainability and environmental consciousness actively.

 As a responsible organization, Egbin Power is steadfast in its commitment to promoting sustainability. Our roadmap and initiatives are designed to align with global sustainable development goals and to ensure that we contribute to a cleaner and more sustainable energy landscape in Africa.

“Our pragmatic initiatives which include obsolescence management, asset upgrades and overhauls, energy efficiency improvement, sustainability and environmental impact management, and fugitive emissions minimization as part of programs designed to address carbon emissions. We are committed to treating the environment with the utmost care, knowing well that every activity we engage in - either as an individual or collectively as an organization - has an impact on the ecosystem,” Bounour explained.

At the event, which has the theme: ‘Carbon Footprint and the African Narrative’ are speakers from the energy sector. They include Head, Downstream Africa, Sahara Group, Foluso Sobanjo; Professor of Entrepreneurship Hub & Strategic Management, University of Lagos, Prof. Sunday Adebisi; Chief Commercial Officer, Ikeja Electric, Ogochukwu Onyelucheya; CEO Newstide Publications Limited, Dr. Marcel Mbamalu; Regional Director, West Africa, Ford Foundation, Chichi Aniagolu-Okoye among others.


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