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Ajaokuta suffers setback as World Bank pulls out

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Senate Committee Chairman on Solid Minerals, Mines and.Steel Development, Senator Tanko Almakura has lamented that the multi million dollars Ajaokuta Iron and Steel Project which has been under construction for close to 40 years, may suffer fresh hurdle if N3 billion is not provided for reactivation of the 21 plants next year.

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This is as he also lamented that Staffers of the Iron and Steel Complex working in Mining Cadastral Office, will not be getting their monthly salaries from January next year as World Bank responsible for that had already informed the country of its pulling out of the gesture from January 2021.

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Senator Almakura who made the lamentations to journalists in Abuja over the weekend said the N3 billion required to use in facilitating the engagement of experts from Russia for reactivation of the 21 plants in the Iron and Steel Complex , is not included in the 2021 budget earmarked for the Ministry Mines, Steel and Solid Minerals.

He said he had made presentation to that effect to the Senate Committee on Appropriation during presentation of the 2021 budget estimates of the Ministry to the committee on Thursday last week.

According to him , the remarks made by the Committee led by Senator Jibrin Barau (APC Kano North) for provision of the money in the final report on the 2021 budget, was not assuring enough .

“Nigeria has spent a lot on the Ajaokuta project than to allow just N3billion to make her decades old efforts , a mirage .

“Resuscitation of Ajaokuta is key to Industrialization and development of the country . The Mines, Steel and Solid Minerals Ministry appealed to us during budget defence, to effect Appropriation for the N3 billion.

“Since we cannot on our own as joint committees on Mines, Steel and Solid Minerals, increase the enveloped budget presented to us by the Ministry, we pushed the appeal to the Appropriation Committee for the required appropriation .

“The N3billion is very necessary to be provided for in saving the Iron and Steel Project from total comatose”, he said .

He added that completion of the Ajaokuta Iron and Steel Project , would serve as required catalyst for diversification of the Nation’s economy which is one of the key policies of President Muhamnadu Buhari led government .

On staffers who may not be collecting their salaries from next year January , Senator Almakura explained that they are contract staff working at the Mining Cadastral office of the Complex and whose monthly salaries have been footed in the past years from interventions from the world Bank which had notified the country that it will stop that gesture after December this year.

When contacted on phone whether the N3 billion will be appropriated as additional fund for the Iron and Steel Company , Senator Barau was evasive .

He said though diversification of the Nation’s economy is a necessity at this time but paucity of funds remains the stumbling block in acceding to such demands since the 2021 N13.08 trillion budget was projected on expected revenues and not monies already warehoused somewhere.

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Energy and Power

President Tinubu appoints board members for NISO

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President Bola Ahmed Tinubu

President Bola Tinubu has approved the appointment of executive and non-executive members for the newly established Nigerian Independent System Operator, NISO.

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In a statement issued on Wednesday by the Special Adviser to the President on Informaion and Strategy, Bayo Onanuga in Abuja, listed the names of members as, Adesegun Olugbade as the board chairman, while Abdu Mohammed Bello was appointed the Managing Director.

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Four other Executive Directors are Engineer Nafisatu Asabe Ali for Systems Operation, Engineer Shehu Abba-Aliyu for Systems Planning, Dr. Edmund Eje for Market Operations, and Mr. Babajide Ibironke for Finance and Corporate Services.

According to the statement, the Non-Executive Directors include Lamu Audu, representing Generation; Folake Soetan for Distribution; Tajudeen Giwa-Osagie as Market Expert; Sule Ahmed Abdulaziz for Transmission, and Alhaji Mahmuda Mamman, Permanent Secretary at the Federal Ministry of Power.

“The National Council on Privatisation (NCP) will finalise the recruitment process.

“These appointments align with the Electricity Act of 2023. They followed a memorandum from Vice President Kashim Shettima and a rigorous selection process conducted by the Independent Board Nomination Committee (IBNC) in collaboration with Phillips Consulting Limited.

“The creation of NISO fulfils a key mandate of the Electricity Act (2023), which requires the unbundling of the Transmission Company of Nigeria (TCN) into a Transmission System Provider (TSP) and an Independent System Operator (ISO).

“The Nigerian Electricity Regulatory Commission (NERC) officially established NISO on April 30, 2024. The Bureau of Public Enterprises (BPE) and the Ministry of Finance Incorporated (MOFI) are its subscribers, each holding equal equity shares.”

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Energy and Power

ECN trains MDAs on energy management systems

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A cross section of participants during the agency-specific hands-on training on energy management systems for MDAs in Abuja.

The Energy Commission of Nigeria (ECN), through its Energy Management Systems project, has trained stakeholders in various Ministries and Agencies in Nigeria to enhance industrial energy performance and promote resource-efficient, cleaner production.

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The training took place in Abuja on Monday.

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The ECN said the initiative is implemented through programmatic approaches and the promotion of innovation in clean technology solutions.

Speaking during the event, the ECN Director General, Dr. Mustapha Abdullahi, stated that the aim of the training was to promote innovation in clean technology solutions under the NIG IEE/RECP Project, which is supported by the Global Environment Facility (GEF) and the United Nations Industrial Development Organization (UNIDO).

According to him, the project is also targeted at strengthening national industrial energy efficiency (IEE) policies and regulatory frameworks to encourage the adoption of UNIDO’s Energy Management Systems Standards (EnMS/ISO 50001) in Nigeria.

The Director General said, “With the increase in energy prices and the environmental impacts of energy consumption, there is a growing need for balanced energy usage and effective energy management to minimize energy wastage. It is therefore commendable that this timely training on Energy Management Systems (EnMS) is organized to present a systematic framework for establishing policies, processes, procedures, and specific energy-related tasks aimed at meeting an organization’s energy-saving targets.”

Also, the Program Coordinator for Environment and Energy at the United Nations Industrial Development Organization (UNIDO) for Nigeria and ECOWAS, Mr. Oluyomi Banjo, commended the ECN for organizing the training.

He said, “Globally, industries account for one-third of total energy consumption and almost 40% of worldwide COz emissions. The need to reduce energy consumption, environmental degradation, and resource depletion by industries in emerging economies is particularly urgent. Since 1990, global growth in industrial production has been dominated by emerging economies like India and China, which together accounted for over 80% of increased industrial production during this period.

“This project was collectively developed and submitted by UNIDO on behalf of Nigeria in 2017 under the Global Environment Facility (GEF) 6 programming cycle. It was approved for full project development in 2017 and subsequently for full project implementation in 2020. It may interest you to know that, for the first time at UNIDO, we are integrating industrial energy efficiency with resource efficiency and cleaner production in a single project. In South Africa, UNIDO’s project on Industrial Energy Efficiency recently received the Best Project of the Year award from the Southern Africa Energy Efficiency Confederation. We look forward to replicating such achievements in Nigeria.”

“The outcome of this project is targeted at industries, aiming to develop an expert base in Nigeria that could also be exported to other countries in Africa and beyond.”

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Energy and Power

REA, Adamawa gov’t to hold strategic meeting over renewable energy

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Chief Adebayo Adelabu

The Rural Electricity Agency (REA), in partnership with the Adamawa State Government, is set to convene the REA – Adamawa State Strategic Roundtable theme “Empowering Adamawa: Unlocking Private Sector Opportunities in Distributed Renewable Energy”, scheduled for the 3rd of March, 2025 at the Transcorp Hilton, Abuja. The Agency invites frontline stakeholders in the clean energy ecosystem, including private sector players and development finance institutions to this strategic, solution-focused Roundtable.

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In line with the Agency’s ongoing State-by-State initiative designed to exploit the tenets of the 2023 Electricity Act, passed into Law by His Excellency, President Bola Ahmed Tinubu, GCFR, the Agency has sustained its drive to deliver on the objectives of the futuristic Act, while strengthening the National Electrification and Strategy Implementation Plan (NESIP).

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Leaning on the strategic efforts of the Honourable Minister of Power, Chief Adebayo Adelabu, the REA State-by-State Strategic Roundtables continue to serve as a veritable tool and a meeting point to facilitate impactful partnerships between active stakeholders in the energy sector while exploring opportunities for the growth of the state electricity markets.

Having convened five Roundtables with five State Governments, the Agency is now working in lockstep with the Adamawa State Government, at the behest of His Excellency, Governor Ahmadu Umaru Finitri, and the Managing Director of the REA, Abba Abubakar Aliyu, to facilitate structured, data-driven commitments for people-centred infrastructural development through innovation and sustainability in Adamawa State’s electricity market.

The State Government, under the leadership of Governor Ahmadu Umaru Fintiri, has advanced efforts towards strengthening its electricity market, including the planned establishment of Independent Power Plants across the state and the set-up of the Adamawa State Electricity Commission tasked with regulating the generation, transmission, and distribution of electricity in the State.

The 2023 Electricity Act, having aided the decentralization of the nation’s electricity sector has given State Governments the regulatory freedom over their respective electricity market.

Leaning on the mandate of the REA as well as the Agency’s technical and strategic expertise, the REA – Adamawa State Strategic Roundtable will serve as an opportunity to exploit the tenets of the NESIP; strengthening PPPs for data-driven clean energy projects in Adamawa state; supporting the State’s efforts on improved electricity distribution and renewable energy integration; exploring investment opportunities in Adamawa State Electricity market and exploring technology options for improved, sustainable energy access in the State.

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