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Nigeria Seeks Considerable Share in $130bn Global Hydrogen Market

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By Adedapo Adesanya

Nigeria wants to tap from the $130 billion global hydrogen market through a partnership with Germany, says the Vice-President, Mr Kashim Shettima.

He stated this when he hosted a German delegation led by a member of the German Parliament and Hydrogen Commissioner, Federal Ministry of Education and Research, Mr Till Mansmann, at the Presidential Villa, Abuja said that the move would enable the government to develop its green energy sector.

According to him, the idea is advancing the country’s hydrogen market in line with its renewable energy objectives and the global energy transition plan from fossil to green sources.

“We cannot run away from the fact that sooner than later we have to do away with fossil fuels and resort to green energy for a sustainable world and inclusive economic growth.

“We appreciate you and there is ample opportunity for us to partner towards the development of the $130 billion global hydrogen market projected by the World Bank to grow at 9 per cent per annum,” he said.

On the potential in hydrogen development, Mr Shettima expressed optimism that if Nigeria gets its acts right, the entire African continent would equally get it right.

“Hydrogen has the potential of revolutionizing a lot of industries in Nigeria, including fertilizer production. The Federal Ministry of Science and Technology is ready to partner with authorities in Germany to drive the process towards developing the hydrogen market in Nigeria and beyond. Partnering to develop the hydrogen market in Nigeria will positively impact the rest of the African continent given its potentials and position.

“The potentials are here in Nigeria. When Nigeria gets its acts right, Africa will get it right too. You have a partner in Nigeria, In President Tinubu, you have a partner that you can trust.

“Leadership is about the ability to provide ideas to the problems of a nation,” he added.

Mr Shettima commended Germany for the commitment shown towards other countries in different areas.

The VP said, “Though not endowed with a lot of natural resources, Germany is blessed with the human capital that has made the country a global leader across diverse fields, including technology and devotion to ethics.”

On his part, Mr Mansmann said collaboration with Nigeria and institutions like the University of Nigeria, Nsukka (UNN) was crucial for achieving the goals outlined in Germany’s National Hydrogen Strategy.

“Nigeria is a very important partner for the global transformation of energy. If you want to fight climate change, it makes no sense if one country alone goes its own path.

“We need to come together with a lot of corporations in technology, science and human resources.”

He acknowledged Nigeria’s significant potential in the field of green energy, particularly hydrogen production.

“About 30 countries in Africa have the potential for green energy, especially hydrogen, and Nigeria is one of the most powerful countries in this field.”

Mr Mansmann also emphasised the role of universities in fostering innovation and nurturing future talent.

He added that Germany’s transition to carbon neutrality by 2045 requires a significant shift towards green energy imports.

“Germany will be an energy importing country for the next decades in huge amounts. Currently, we import 70 per cent of our energy in the form of fossils, and we want to get out of fossils by 2045.

“That means in 20 years all imported energy needs to be green. And we know there are great potentials in Africa and Nigeria,” he added.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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SERAP Sues Tinubu Over Failure to Probe Missing N57bn

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By Adedapo Adesanya

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu for not probing allegations of N57 billion of public funds said to be missing, diverted or stolen from the Federal Ministry of Humanitarian Affairs and Poverty Alleviation in 2021.

The allegations were documented in the 2021 audited report released last month by the Office of the Auditor-General of the Federation.

Joined in the suit as respondent is the Attorney General of the Federation and Minister of Justice, Mr Lateef Fagbemi (SAN).

In the suit number FHC/L/MISC/876/2024 filed last Friday at the Federal High Court, Lagos, SERAP is asking the court “to compel President Tinubu to direct Mr Fagbemi to work with appropriate anti-corruption agencies to promptly probe allegations that over N57 billion of public funds are missing, diverted or stolen from the Federal Ministry of Humanitarian Affairs and Poverty Alleviation in 2021.”

It also asked the court “to compel President Tinubu to direct Mr Fagbemi to work with appropriate anticorruption agencies to prosecute anyone suspected to be responsible for the missing N57 billion, if there is sufficient admissible evidence, and to recover any missing public funds.”

In the suit, the group argued that, “Investigating the allegations and prosecuting those suspected to be responsible for the missing N57 billion and recovering the missing funds would end the impunity of perpetrators.”

“The allegations amount to stealing from the poor. There is a legitimate public interest in ensuring justice and accountability for these grave allegations.

“Poor Nigerians have continued to pay the price for the widespread and grand corruption in the Federal Ministry of Humanitarian Affairs and Poverty Alleviations and other ministries, departments and agencies [MDAs].”

“The consequences of corruption are felt by citizens on a daily basis. Corruption exposes them to additional costs to pay for health, education and administrative services.”

“The allegations also suggest a grave violation of the public trust, the Nigerian Constitution 1999 (as amended), the country’s anticorruption legislation and international anticorruption obligations,” the statement said in parts.

The suit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare and Oluwakemi Agunbiade, noted that, “Granting the reliefs sought would go a long way in addressing corruption in ministries, departments and agencies [MDAs] and the country’s budget deficit and debt problems.”

“According to the 2021 annual audited report by the Office of the Auditor-General of the Federation, the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, [the Ministry] in 2021 failed to account for over N54 billion [N54,630,000,000.00] meant to pay monthly stipends to Batch C1 N-Power volunteers and non-graduate trainees between August and December 2021,” the organisation said.

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SMEDAN, Others to Help Small Business Owners Cut Costs

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By Adedapo Adesanya

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is collaborating with Rolling Energy to convert 100,000 vehicles to Compressed Natural Gas (CNG) in 18 months as part of efforts to support small businesses struggling to navigate the tough operating environment.

The Director-General of SMEDAN, Mr Charles Odii, disclosed this at the unveiling of a CNG Conversion and Training Centre in Abuja, noting that another partner is Pi-CNG.

“This new centre is designed to convert vehicles to run on CNG, an affordable and environmentally friendly alternative to traditional fuels.

“With its capacity to convert nine vehicles daily and a dedicated team of 20 technicians, the centre will help SMEs reduce transportation costs and adapt to changing energy needs.

“It will also train young Nigerians in CNG conversion, maintenance, and repair, equipping them with practical skills and opening up new business opportunities,” he stated.

According to Mr Odii, the mandate of the Pi-CNG initiative is to roll out about one million converted cars in the next 18 months.

“We at SMEDAN are committing to taking 10 per cent of those cars to be converted at our centres,’’ he said.

He added that the project aligned with SMEDAN’s GROW Nigerian strategy, which focuses on providing SMEs with Guidance, Resources, Opportunities, and Workforce Support.

“By adopting CNG, we are helping SMEs cut costs while promoting sustainable energy practices. This effort is particularly timely as businesses face rising fuel costs following subsidy removal.

“SMEDAN is also committed to improving access to critical infrastructure for SMEs. We are upgrading Industrial Development Centres across the country to provide affordable tools and power tailored to the needs of small businesses,” Mr Odii said.

On his part, the Californian Secretary of Transportation, Mr Toks Omishakin, praised Nigeria’s efforts in adopting cleaner energy alternatives, such as CNG, but urged stakeholders to look beyond CNG and invest in long-term renewable solutions.

“I see a tremendous opportunity for collaboration between California and Nigeria in exploring renewable energy solutions like solar, wind, and hydrogen,” he said.

The Executive Vice Chairman of the Presidential CNG Initiative, Mr Toyin Zubair, commended SMEDAN and other stakeholders for their contributions, emphasising the need to harness Nigeria’s vast natural gas resources to drive the economy.

“Nigeria has one of the largest gas reserves in the world. By using this resource locally to power vehicles and industries, we can reduce costs and create a cleaner environment,” Mr Zubair said.

The chief executive of Rolling Energy, Mr Mubarak Danbatta, explained that the conversion process prioritised safety and affordability, making it accessible to SMEs.

“With less than N4,000, a vehicle can be fully fueled with CNG, compared to over N60,000 for petrol. This is a significant relief for businesses.

“CNG is not a business for the rich. It is a business for everyone. And the good thing is that this partnership is being done with SMEDAN and Pi-CNG for the benefit of SMEs,” Mr Danbatta said.

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Lagos to Get New Building Code in 2025

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By Adedapo Adesanya

The Lagos State Government has expressed its readiness to get a brand-new Building Code next year, to achieve the high-performance standards needed to make Lagos a sustainable and Smart City.

The government’s readiness was disclosed at the Lagos State Executive Council Retreat on the Domestication of the Lagos Building Code, organised by the Office of the Special Adviser on e-GIS and Urban Development, held at Ikeja GRA on Wednesday.

Speaking during the retreat, Lagos State Governor, Mr Babajide Sanwo-Olu emphasised the need for more collaboration among all the ministries and agencies in the built sector, to ensure the state development in line with global best practices.

He said the motive behind the Lagos Building Code is to have a building regulation that would make Lagos much more resilient.

“We (Lagos State Government) are the first to domesticate the National Building Code, which is the creation of the Federal Government. We are not doing anything outside the vision at the sovereign and sub-sovereign levels. But what is unique about our own is the fact that all the cabinet members see the need to have an input because it would be an outcome that would affect lives and different ministries and agencies.

“So, there is a need for everybody to have a say, and at the end of the day, collectively we will resolve to have a way.

“What we are trying to do is for Lagos State to do what is obtainable internationally: have a building regulation in which we have a standard of construction in design, manner of land use occupancy, and use of building materials, which we believe would eventually improve and help with health, safety, and occupancy issues.

“It is all about building sustainably, making Lagos a lot more resilient and able to absorb shock in the future and able to stand in the comity of developed cities and city-states as we see in various parts of the world,” he said.

The Special Adviser to the Governor on eGIS and Urban Development, Mr Olajide Babatunde, stated that the Lagos Building Code is to complement the existing regulatory framework and provide a comprehensive solution to the challenges of land use, physical development, and urban planning.

Mr Babatunde said the Lagos Building Code will regulate building control, planning permission, and address the issues of setbacks; take care of the safety and sustainability of the environment; and also prevent the collapse of buildings.

“We have been working on the domestication of the National Building Code, and by next year, we are going to have our own brand-new Lagos Building Code. We have worked with professional bodies and people from academia, market women, and the public in general, and through a participatory approach, we can come out with a document that is acceptable to everyone and useful to the entire state,” he said.

Also speaking, the Special Adviser to the Governor on Infrastructure, Mr Olufemi Daramola, described the Lagos State Building Code initiative by the Babajide Sanwo-Olu administration as the next step to Green Lagos that will enable the state to plan buildings properly and ensure durable infrastructure in the state.

During the retreat, members of the Lagos State Executive Council brainstormed and advocated aggressive sensitisation for residents of the State on the Lagos Building Code before implementation.

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