Power Sector And Other Related News Stories For Friday May 19th 2023
Nigeria Targets 30GW of Electricity By 2030 As Buhari Inaugurates Hydropower Station in Taraba
President Muhammadu Buhari, on Thursday, inaugurated some projects in the power sector in pursuit of his administration’s aim to ramp up electricity supply.
The projects include the Kashimbila multipurpose dam, 40 megawatts (MW) hydropower station and associated 132 kilovolts (KV) switchyard, transmission line and distribution substation (phase one).
The projects — inaugurated less than two weeks to the end of Buhari’s tenure — are located at the Kashimbila dam site in Taraba state.
Speaking at a virtual ceremony held at the state house in Abuja, the president underscored the importance of the project.
Estate Firm to Provide Two Ogun Communities With Electricity
A real estate company, Pelican Valley Nigeria Limited has initiated moves to restore electricity to Ijeun Ariobiologbo and Arowa, two communities in Obafemi Owode Local Government Area of Ogun State that has been in darkness for about 60 years.
The company signed a Memorandum of Understanding (MoU) on Thursday with the representatives of the communities to connect them with electricity using its transformer that serves its estate located about 200 metres away from them.
The Chief Executive Officer of company, Dr. Babatunde Adeyemo, said he decided to undertake the task of connecting the beneficiaries to the national grid as part of the firm’s corporate social responsibility to mark his 44th birthday.
https://pmnewsnigeria.com/2023/05/19/estate-firm-to-provide-two-ogun-communities-with-electricity/
Recent Constitutional Amendments On Electricity Generation, Transmission And Distribution – A Springboard For Progress And Hope
On 17th March 2023, the President of the Federal Republic of Nigeria, Muhammadu Buhari, (the “President”) signed into law 16 Constitutional amendments, one of which is the Fifth Alteration (No.33) Devolution of Powers (National Grid System) Bill (the “Constitutional Amendments”).
As a Federation, one of the main sources of Nigerian law is the Constitution of the Federal Republic of Nigeria, 1999 as amended (the “Constitution”). Previously, the enactment of laws on the generation, distribution and transmission of electricity was largely vested in Nigeria’s Federal Government, and the powers of a state to make laws on these subjects were limited to areas not covered by the national grid system.
Delivery of Siemens Power Project Has Recorded Notable Success — FG
The Federal Government of Nigeria Power Company says the Nigeria-Siemens Presidential Power Initiative, PPI, project for Phase 1 is underway and has recorded notable successes.
The pilot project is aimed at addressing major constraints in the Nigerian Electricity Supply Industry (NESI) through deployment of power transformers and mobile substations across the country.
According to Kenny Anuwe, managing director of the company, the firm had received delivery of about 80 per cent of equipment for the pilot project which are being deployed to critical sites across the country to improve power transmission capacity.
Some of the sites, according to him, include Apo, Ajah, Okene, Nike Lake, Kwanar Dangora, Maryland, Omouaran, Ojo, Amukpe, Ihovbor, Potiskum and Birnin Kebbi.
Closing Nigeria’s Power and Green Skills Gaps: A Pathway to Increased Energy Access
Nigeria, home to over 200 million people, has the largest GDP in Africa and is rich in natural resources. Yet 45 percent of its population do not have access to reliable, affordable, clean energy.
In August 2022, the government launched the national Energy Transition Plan, with set targets that include generating 30,000 MW of electricity from renewable energy sources and reaching carbon neutrality by 2060, much of which can be supported by utility-enabled distributed energy resources. The goal aligns with global climate targets and could create up to 340,000 jobs by 2030 while closing the electricity gap.
https://rmi.org/closing-nigerias-power-and-green-skills-gaps-a-pathway-to-increased-energy-access/
Minister Attributes Drop In Electricity to Shortages of Gas Supply
He stated this after the meeting of the Federal Executive Council presided over by President Muhammadu Buhari.
He said “We’ve had issues with gas supplies for power plants. We recently reached an agreement with gas supplier firms and NNPC Limited to supplement gas supplies to distributors at the current local tariff.
Gas was sold to them at export rates, which differ in price, and collection is made at domestic rates.”
“So there was a differential and argument; however, we had an agreement with the NNPC and the Nigerian Gas Company to supply gas to GENCOs, commencing from last week, and they are buying at local price not at the export price.
https://www.tvcnews.tv/2023/05/minister-attributes-drop-in-electricity-to-shortages-of-gas-supply/
Dangote Refinery Power Plant Will Meet Electricity Need Of 5 States In Nigeria-Report
A report obtained by Daily champion says the 435 MW power plant in the Dangote Petroleum Refinery will be able to meet the total power requirement of Ibadan DisCo of 860,316 MWh covering five states in Nigeria, including Oyo, Ogun, Osun, Kwara and Ekiti.
Nigeria will rake in $21billion per annum from the project,which can also meet 100% of the Nigerian requirement of all refined products (Gasoline, 53 million litres per day; Diesel, 34 litres per day; Kerosene, 10 million litres per day and Aviation Jet, 2 million litres per day) and also have surplus of each of these products for export,the report also said.
