Total Companies in Nigeria has unveiled its corporate vision in line with the change of the Total Group to TotalEnergies. The organisation aims to produce more renewable electricity and Liquefied Natural Gas (LNG) by 2030. The oil major also outlined its broad energy lineup that includes oil, gas, electricity, hydrogen, biomass, wind and solar. TotalEnergies is committing $60 billion to investment in renewable energy in the next 10 years, with 10 per cent of that investment expected to come to Nigeria. Speaking at a virtual parley with journalists, the Executive General Manager, Total Country Services, Mrs. Bunmi Popoola-Mordi, highlighted steps that would help in adapting the new name, logo and visual identity of the company. THISDAY had reported that the shareholders of Total Group, had ...
Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation’s state power company, Senelec, said. The floating storage regasification unit (FSRU) is the result of a joint venture between Japanese shipping company Mitsui OSK Lines Ltd (MOL) and Turkey’s Karpowership, which supplies power from its fleet of ships mainly to eight African nations. Once up and running, the unit will supply LNG to a Karpowership vessel, which covers around 15% of Senegalese supply and has until now run on oil like most of the country’s power plants. “This project aims to provide reliable, affordable and cleaner power,” Senelec said. It did not say when the FSRU would be opera...
The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum, has said the federal government is committed to supporting current efforts aimed at harnessing the immense potentials of the coconut commodity whose global market worth is estimated at over $6 billion. She said the commodity has lot of economic, medicinal and nutritional value and enjoys huge market in the country. The minister, at the inauguration of the 2021 coconut planting season in Abuja, however, expressed concern that despite its economic benefits, the current local supply could only meet about 20 per cent of demand. She said there was the need to urgently address the supply side constraints to boost the economy. She further explained that it was in a bid to reposition the coconut segment and address the ...
The South South Reawakening Group, has called for the immediate suspension of the ongoing forensic audit of the Niger Delta Development Commission (NDDC), describing it as a “circus of corruption”. Converner of the group, Joseph Ambakederimo, in a statement, urged President Muhammadu Buhari to appoint a board for the NDDC to start a new phase for the development of the region. According to them, it was no longer news that the forensic audit ordered by the President has now been turned into “a circus for mismanagement and misappropriation of public funds to oil the machinery of political interests of a few, while the region and its people continue to suffer the perpetual psychological torture of these buccaneers.” The group recalled that the NDDC is still presently being run by an interim s...
The Minister of Transportation, Mr. Chibuike Rotimi Amaechi, will in November inaugurate the ongoing Funtua Inland Dry Port project in Sokoto State. Also the French government has indicated its interest in collaborating with its Nigerian counterpart and therefore hinted that it will assist the government in form of financial assistance to the sector. The Executive Secretary/CEO Nigerian Shipper’s Council (NSC), Mr. Hassan Bello, made this known Thursday in Abuja during a meeting between the Council, Concessionaires for the Inland Dry Ports and the French Embassy. NSC ES, while highlighting the successes so far recorded by the Council stated that the federal government thought it necessary to bring shipping closer to the people by establishing ports in the hinterland. Hassan told the audien...
The Stakeholders Alliance for Corporate Responsibility (SACA) has faulted the Nigerian government and multinational oil companies operating in the Niger-Delta over health hazards associated with exploitation and exploration activities. Newsmen learnt that SACA was formed and registered in Nigeria by an Irish Priest, Reverend Fr. Kevin O’ Hara, as a Non-Governmental Organisation in 2012 to find solutions to environmental problems inherent in the exploitation and exploration of oil by multinationals operating in the Niger-Delta region. Speaking to journalists at the inauguration of the group’s “Project Management Committee (PMC),” the Executive Director, SACA, Kingsley Ozegbe, hinted that statics available to his organisation through researches carried out revealed that in 2012 alone, about ...
President Muhammadu Buhari on Wednesday received the Chairman, Presidential Council of Libya, H.E Mohammed Younis Menfi, at the State House, Abuja. Buhari, in a statement issued by his Special Adviser on Media and Publicity, Femi Adesina, stressed that a stable or unstable Libya held implications for countries in the Lake Chad Basin area, including Nigeria. “Republics of Chad, and Niger, have extensive borders with Libya, and they are our immediate neighbours. Whatever affects them affects us. The stability or instability of Libya will directly affect us,” he said. The President further stressed that the security of Nigeria was number one priority to him, noting that, “Unless a country or institution is secured, there’s no way you can efficiently manage it.” Buhari said he was happy that t...
The Governor of Rivers State, Nyesom Wike, has appealed to the Nigerian Maritime Administration and Safety Agency (NIMASA) to return its Cabotage Services Department to Port Harcourt. Wike made the appeal when the Director-General of NIMASA, Dr. Bashir Jamoh, visited him in Port Harcourt, recently. Wike said operations of the Cabotage Services Department of NIMASA used to be in Port Harcourt, Rivers State, but it was relocated to Lagos. The governor said in spite of his administration’s procurement of gunboats for security agencies, especially the Police and Navy to assist in the fight against piracy and ensure safety on the waterways for NIMASA’s businesses to thrive, the state did not get anything in return. He commended Jamoh for the initiative aimed at harnessing ocean resources as an ...
File Photo Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has threatened a nationwide strike over attack on leaders of the Nigeria Labour Congress, NLC including its President, Ayuba Wabba and other Labour leaders during Tuesday’s peaceful protest in Kaduna State as part of the ongoing five-day strike to force the state government to rescind alleged anti-workers policies including the recent mass sack of workers. The thugs had attacked the labour leaders after Governor Nasir el- Rufai left the Power Holding Company of Nigeria, PHCN, adjacent where the workers assembled, with heavily armed security personnel. The armed thugs came in a bus and attacked the Labour leaders with various weapons including stick, bottles, stones and machete. Reacting to the development, NUPENG expres...