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NAEC Hosts Policy Debate on Nigeria’s Energy Future

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The apex body of specialized reporters covering the Nigerian energy industry will in November 2,2021 provide a credible platform for industry policy drivers, players and stakeholders to examine the country’s new fiscal landscape and investment outlook.

 

In a statement released by Association Of Energy Correspondents of Nigeria (NAEC), the 2021 strategic conference is expected to discuss on ‘ PIA: Energy Transition and The Future of Nigeria’s oil and gas’ which is the theme of this gathering.

The event which is this year’s edition of the annual promises to assemble panelists from the full spectrum of the industry, extending participation in the debate to diplomats at the Organization of Petroleum Exporting Countries (OPEC) whose Secretary General, Dr Mohammed Barkindo, would function as the Special Honorary Conference Chairman.

NAEC stated in a release that the conference will hold at Eko Hotel and Suites, Lagos and would be in-person and virtual due to the COVID-19 restrictions.

Although Africa appears to be on the vicinities of the global energy transition driven by severer environmental regulations, the recent enactment of Nigeria’s PIA provides a new vista of opportunities for operators across the industry value chain.

Also, the federal government recently declared 2021 to 2031 as ‘A decade of Gas.’ In view of this, the conference will give both government and industry players the opportunity to explain to Nigerians and the world; the expected derivable benefits from a gas-propelled economy.

Olu Philips, chairman of the association, while expatiating on expected discussions at the conference, said, “Another major objective is to escalate discussions on the recently passed Petroleum Industry Act, PIA and the future of the nation’s energy sector.”

He assured all stakeholders of robust and balanced discourse, as the country forges ahead in its plan towards energy transition, and implementation of the PIA.

The conference has become a flagship event that yearly attracts industry stakeholders, policy makers and interested public.

Timipre Sylva, minister of state, Petroleum Resources, will deliver the special ministerial address, while the group managing director(GMD) of state oil company, NNPC, Mele Kyari is expected to deliver the keynote address.

Other speakers expected at the conference include: managing directors of DPR, Chevron, ExxonMobil, Total, Shell, Seplat, Waltersmith, IPPG, NCDMB,Oando, Axxela, NEITI, Eko electric, Ikeja Electric, Aiteo, NIMASA, NPA, SON, and other stakeholders.

 

 

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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House of Reps Calls for N500bn Recapitalization of DisCos

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House of Representatives has called on the Federal Government to enforce a minimum capital base of N500 billion for electricity distribution companies (DisCos) to continue operations.

The lawmakers argue that only financially robust DisCos can ensure efficient service delivery and maximum consumer satisfaction.

This resolution was passed during Wednesday’s plenary following a motion by Ibrahim Isiaka, a representative from Ogun State.

Isiaka criticized the current operations of DisCos, describing their actions as a threat to the economic stability and welfare of Nigerians.

He highlighted consumer complaints regarding the replacement of electricity meters, noting that DisCos often demand additional payments despite consumers already financing the installation of meters.

Isiaka expressed concern over the financial burden this places on households and businesses struggling with economic challenges.

The motion also raised issues of consumer trust, alleging that DisCos operate with impunity and disregard for consumer rights, despite oversight from the regulatory authorities and the House Committee on Power.

The lawmakers unanimously adopted the motion through a voice vote conducted by Speaker Tajudeen Abbas.

They urged the Ministry of Power to take immediate steps to address the “reckless actions” of DisCos, labeling them as non-state actors threatening Nigeria’s economy.

The House further mandated the recapitalization of DisCos to a minimum of N500 billion, insisting that only financially capable operators should be allowed to continue providing electricity services.

Additionally, the House Committee on Power was directed to investigate the activities of DisCos to ensure accountability and protect consumer rights.


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Chinenye Anuforo of The Sun Newspaper Honored for Excellence in ICT Journalism

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Chinenye Anuforo, a distinguished journalist from The Sun Newspaper, has been recognized for her exceptional contributions to ICT journalism in Nigeria.

Chinenye Anuforo receiving the ATAEx Award presented by Mr. Gbolahan Awonuga, executive secretary of the Association of Licensed Telecoms Operators of Nigeria (ALTON)

Last week, she received the ICT Innovation Storyteller Award at the Africa Tech Alliance Excellence (ATAEx) Awards, celebrating her ability to craft compelling narratives that highlight the complexities and potential of the ICT sector.

“Chinenye’s dedication to her craft is evident in her insightful analysis and engaging storytelling,” said Mr. Chike Onwuegbuchi, co-convener of the ATAEx Awards.

“Her work has consistently illuminated the significant impact of technology on society, making her a deserving recipient of this award.”

The accolades continued as Anuforo was named the ICT Reporter of the Year at the Africa Digital Awards (ADA) just a week later.

This prestigious award further cements her status as a leading voice in the ICT industry.

Mr. Tayo Adewusi, Publisher/Coordinator of NIICF & ADA, who presented the award, praised Anuforo’s role in shaping public discourse on ICT issues.

“Her reports have not only informed but also inspired, making her a true champion of digital innovation,” he said.

Expressing her gratitude, Chinenye Anuforo stated, “I am deeply honored and humbled to receive these awards.

“I am grateful to my editors at The Sun Newspapers for their unwavering support and to the organizers of the ATAEx Awards and Africa Digital Awards for recognizing my work.

“It is a privilege to contribute to the growth of the ICT sector in Nigeria through journalism.”


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Flymate Travel Unveils Visadoc App to Enhance Travel Convenience

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Flymate Travel Limited, a pioneering travel solutions provider, has launched Visadoc, a cutting-edge travel app designed to streamline and enhance user experiences worldwide.

Visadoc

Visadoc simplifies Travel and enhancing convenience by empowering travelers to manage their journey from visa applications to booking accommodations and flights. Key features include:

– Seamless Visa Application Process: Easy application, documentation, and biometric scheduling
– Personalized Travel Recommendations: Tailored suggestions based on individual preferences
– Secure Electronic Payments: Convenient fee payments
– Real-time Travel Updates: Flight statuses, weather conditions, and travel advisories

Gbenga Badmus, CEO of Flymate Travel Limited, speaking at the launch on wednesday, explained that Visadoc is designed to offer customized services to the end users.

According to him, “Visadoc is designed to offer customized services to the end users. With its help, applicants can apply with ease by doing it themselves end to end.

“By completing the documentation process and waiting for the biometric capturing invite. Without putting a physical face to the agent’s office”.

Visadoc is available for download on the App Store and Google Play Store. The app is designed to cater to a wide range of travelers, including families, individuals, and business professionals.

“Families, Individuals with their specific needs and preferences, are an essential target audience for travel brands. Family travelers look for visas to destinations and accommodations that cater to the interests and safety of their children. They prioritize family-friendly activities, spacious accommodations, and convenient amenities,” said Abdullahi Yusuf, Project Manager at Flymate Travel Limited.

The target markets for a public travel tracking app can include frequent travelers, commuters, tourists, and individuals who must obtain their visa.

Flymate Travel Limited is committed to leveraging technology to enhance the travel experience and provide exceptional customer service. By utilizing data and user feedback, the company will continue to refine and improve the app to meet the evolving needs of travelers.

For more information about Flymate Travel Limited Contact:

Gbenga Badmus (CEO/MD) – [email protected], 07044132787
Abdullahi Yusuf (Project Manager) – [email protected], 08160253848
Eseigbe Godwin (Software Engineer) – [email protected], 09057379300


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