At the commissioning ceremony held on Tuesday, March 15, 2022 at the College, IE noted that the gesture was aimed at boosting technical education in the state, while complementing the efforts of government through its Corporate Social Responsibility (CSR) initiatives.
Egbin, a subsidiary of the Sahara Power Group, has so far inducted over 200 graduate trainee engineers as it continues to “proactively, responsibly and sustainably shape Nigeria’s power narrative for socio-economic advancement and industrialization,” said Kola Adesina, Group Managing Director, Sahara Power Group.
Simon Gosling, Managing Director of EnergyNet, commented “It’s great to be back to full capacity!! As we reflect on the past 24 months it feels like the world has truly adjusted and is daring to be more responsible in investment decision making. However, responsible investing needs to be aligned with the reality of the private sector which can only survive in a profit enabled world, seeking out new revenue streams to maintain a strong and sustainable business.
Africa knows where it needs to go. The big question is how. And more specifically: what is the most cost-effective energy mix that can be built to deliver all the new electricity capacity that is needed? Wind, solar, gas turbines, coal, gas engines… numerous options are available, but there is only one sweet spot.
This super high-level round table will focus on market liquidity and the enabling environments for the private sector, the future role of SOEs to support the transition and the challenges governments can face as they consider how diversifying sector revenue flows will impact energy security.
It will be Co-Chaired by Alfonso Blanco Bonilla, Executive Secretary at OLADE; and Joseph Nganga, from the Global Energy Alliance for People and Planet.
Speaking on Thursday at a virtual meeting of African Finance Ministers and the International Monetary Fund, Ahmed also said the amendment of the budget was ongoing to accommodate the incremental removal of fuel subsidy. The theme of the meeting was ‘The political economy of fiscal reforms’.
The fire also destroyed property worth millions of naira and rendered many occupants of the building homeless.
The media has been awash with reports that TCN has reduced the load allocation to distribution companies. That information is incorrect. The correct position is that TCN can only transmit the quantum of power generated by GenCos through the national grid to distribution load centres nationwide.
The one-day workshop availed the energy management company the opportunity to inform the Nigerian market about its new microgrid solutions, and communicate on the next steps with regards to addressing the energy deficit sustainably in Africa, starting with Nigeria.
In-house engineers of the Transmission Company of Nigeria (TCN) have deployed a stop-gap solution to improve grid monitoring and acquisition of data from remote stations (power stations and transmission substations) to the National Control Centre. This was achieved by utilizing the Internet of Things (IoT) solution, and Virtual Private Network (VPN) by using various Internet Service Providers (ISP).
