General
Africa Has Potential for Green Hydrogen—Okonjo-Iweala
By Aduragbemi Omiyale
The Director-General of the World Trade Organisation (WTO), Mrs Ngozi Okonjo-Iweala, has advised African leaders to make use of the continent’s solar resources to provide clean electricity to its people.
In a chat with CNN, she suggested that microgrids could be easily installed in rural areas to supply electricity to the people.
Despite possessing 60 per cent of the world’s solar resources, Africa only accounts for 1 per cent of the world’s total solar panel capacity, according to the 2022 Africa Energy Outlook by the International Energy Agency (IEA).
“Africa has these critical minerals, lithium, you name it, all of them. We also have the potential for green hydrogen. Kenya is 95% clean energy. Many African countries have that potential. Put the two together. You can use clean energy to produce some of these critical minerals.
“You can have these many micro-grids that can be more easily installed in rural areas and give our people access to light.
“So, let’s do that and that will take care of a large requirement. Now we come to industry, and we do have a right to industrialise.
“So, there we have this issue. That’s why we say that to some of our developing countries, let’s not be hypocritical.
“We will need a transition where gas is better than oil. Let’s use that until we have more new technology that can help us with cleaner energy,” the WTO chief said.
The Head of Unit for Tracking Sustainable Transitions at IEA, Mr Daniel Wetzel, identified financing as the major problem with the continent.
“The major challenge for investment in Africa is financing. In Africa the cost to finance a solar project, the same size solar project that would be built in Europe costs three to four times more just because of the returns that are expected on financing because of the higher risks,” he submitted.
But a few companies are looking into this and one of them is ARTsolar, which boasts a state-of-the-art production facility in Durban.
“Effectively, we make 1,760 solar panels a day at peak capacity. We can reduce breakages, and increase efficiency in terms of production and cycle times in the various stages of manufacturing, and that is how AI is being used in the manufacturing process.
“A big consumer of ours is Botswana, Mozambique, Zimbabwe, Zambia, and Namibia. We are also supplying into Mauritius right now.
In Nigeria… we’ve supplied into Nigeria for the last 10 years. We’re involved in the street lighting programs,” its General Manager, Viren Gosai, said.
In sub-Saharan Africa, in 2019, 25 million Africans had home solar systems, and in 2022, 45 million had the systems installed, providing 4 electricity to African households.
Kenya’s Sun King Solar, is a world leader in off-grid solar systems, though its Vice President for Pay-As-You-Go in East and Southern Africa, Mr Victor Agandi, said, “We are currently in nine countries. We have Kenya, Uganda, and Tanzania, that’s East Africa.
“We have Mozambique, Malawi, Cameroon, Togo, and of course, Nigeria. We have over 79 stores in Nigeria with I think almost two million households right now installed in Nigeria.”
By Modupe Gbadeyanka
A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.
The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.
This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.
“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.
“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.
The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.
Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.
By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.
The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
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