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Buhari, Others on Movers, Shakers Watch List for 2021

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By Adedapo Adesanya

President Muhammadu Buhari and four other Nigerians have made it to the top 25 list of the African Energy Chamber’s Top 25 Movers & Shakers Watch List for 2021.

Published every year, the list identifies the leading African and international figures whose work and decisions have a direct impact on the African energy industry and the way Africans access and consume energy.

President Buhari is the first listed for his direct involvement in the possible passing and signing of the Petroleum Industry Bill (PIB) in 2021.

It was noted that if the President manages to carry through this substantial wave of reform in the country, it could unlock billions of dollars of investments and significantly boost the country’s recovery and West Africa’s overall attractiveness for business.

His ability to compromise and define the sector will be tested in the first quarter of 2021 when his government is expected to sign the all-important and long-awaited law.

Similarly, Mr Mele Kyari, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), made the list for the first time. As the NNPC embarks on several strategic programmes and projects to boost refining capacity, cut upstream operational costs, develop energy infrastructure and unlock Nigeria’s gas potential, his actions and decisions can profoundly impact the short and medium-term outlook for Africa’s biggest oil & gas producing country.

Regarded as a veteran of the state oil company, he has been able to make his mark quickly since his appointment, strengthening corporate reporting and aggressively pushing the removal of fuel subsidies for refined products.

As LNG becomes more and more important for African markets, Mr Tony Attah, Managing Director/Chief Executive Officer of Nigeria LNG is also listed for his piloting of the NLNGSevenPlus project. His ability to oversee the project’s execution and local content impact will be central to support Nigeria’s economic recovery and capacity building efforts.

It was explained that his presence is yet another indication of the rising role of gas as a driving force for the future of the Nigerian and West African’s hydrocarbons industry.

Other key figures of the power and electricity industries have also made it to the prestigious list: Mr Seun Suleiman, new Managing Director and Chief Executive Officer of Siemens Nigeria, and Mrs Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All and Co-Chair of UN-Energy.

Mr Suleiman is notably expected to become an increasingly influential executive as Siemens executes the Presidential Power Initiative in Nigeria in order to upgrade the country’s transmission and distribution systems and increase the overall national system’s capacity from 5 to 7 Gigawatts first, before ramping up to 11 Gigawatts and ultimately 25 Gigawatts. This notably puts Mr Suleiman and the German equipment giant in the fore when major decisions are being made on how to solve Nigeria’s energy sector problems.

On her side, Mrs Damilola Ogunbiyi has taken an increasing role in leading the global energy transition conversation and bringing a truly African voice to the fight against energy poverty. Her work in off-grid solar or LPG access notably has the power to transform the way Africans access and consume energy.

African Energy Chamber confirmed that the presence of so many Nigerians on the list confirms that what happens in Nigeria affects the rest of the industry across the continent.

It noted, “These five key figures of the industry will be instrumental in shaping up the recovery everyone expects in 2021, and in building a sustainable and inclusive energy sector that works for all Nigerians and Africans.”

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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NUPRC Probes Gas Bubbling in Bille Community in Rivers

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By Aduragbemi Omiyale

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has commenced an investigation into a gas bubbling incident in Bille community in Rivers State, but preliminary “deductions and field observations indicate that the gas bubbling may be associated with a subsurface phenomenon that could be linked to a variety of triggers.”

In a statement signed by its chief executive, Mrs Oritsemeyiwa Eyesan, on Thursday, the agency said it was worried about the unfortunate incident, assuring residents that efforts are being made to address the issue.

The commission acknowledged the concerns the “unsavoury development has raised in relation to public safety, the environment, and the health of the populace,” stressing that, “The overall well-being of our communities and the protection of the environment remain paramount to the commission, as they are to government.”

It stated that, “Upon notification of the incident, the commission activated a coordinated technical investigation process in line with established regulatory protocols to assess the nature and extent of the gas seepage, identify source(s) and potential cause(s), and propose immediate and long-term mitigation measures.”

“The investigative study is being conducted in collaboration with stakeholders to ensure comprehensive, fact- based outcomes for long-term sustainability,” it added.

“Detailed geotechnical and geological analyses are ongoing to determine the contributing factor(s) and possible remedies for prompt implementation,” the statement further said.

“The commission assures the Bille community of its resolve to ensure that necessary actions required to address the situation are taken in line with applicable regulations, industry standards and global best practices.

“Once again, the commission commiserates with the Bille community as we work assiduously with all stakeholders to unravel the incident, and enjoins members of the community to maintain the commendable level of responsibility whilst adhering to all safety measures and public health advisories issued by the relevant authorities,” the statement disclosed.

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Akwa Ibom Denies Plan to Sell Ibom Power Company

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By Adedapo Adesanya

The Akwa Ibom State Government has dismissed claims that it plans to sell Ibom Power Company, describing the allegation as false and reaffirming its commitment to reviving the state-owned electricity asset through debt repayment and structural reforms.

In a statement issued on March 18, the Commissioner for Information, Mr Aniekan Umanah, said a report by a Uyo-based tabloid alleging plans to dispose of the company was “a wicked fabrication” that should be disregarded.

“At no time has the government approved the sale of Ibom Power Company as scrap or otherwise,” the statement said, adding that such claims exist only in the “imagination of mischief-makers intent on misleading the public.”

Instead, the government said it is focused on stabilising the company’s operations by clearing legacy debts, including a $9 million facility obtained from Afreximbank several years ago.

According to the statement, Governor Umo Eno approved a structured quarterly repayment plan of $560,000 beginning March 15, 2025, aimed at gradually liquidating the loan.

The government described the move as part of broader efforts to “rescue and reposition Ibom Power Company for sustainable operations,” stressing that the approach reflects a commitment to “revival, stability, and long-term value preservation, not liquidation.”

Beyond debt repayment, the state also outlined ongoing electricity sector reforms anchored on a Private Sector Participation (PSP) framework designed to attract investment while retaining public ownership of assets.

Under the initiative, the government said it has established key institutions, including the Akwa Ibom State Electricity Regulatory Commission and Ibom Electricity Holdings Limited, to strengthen oversight and coordinate state-owned electricity assets. Shares of the holding company have also been vested in the Akwa Ibom Investment Corporation.

The concession model being introduced will allow qualified private operators to rehabilitate, finance, and manage electricity infrastructure over a defined period, with strict performance benchmarks and regulatory supervision.

The government said the framework is structured to ensure that “the State will retain ownership and strategic control of all electricity assets,” while transferring operational and commercial risks to private sector participants.

It added that the reform programme is expected to improve reliability, resolve longstanding challenges, and promote a more efficient electricity market without placing additional fiscal pressure on the state.

On recent power outages across parts of Akwa Ibom, the government noted that electricity transmission and distribution currently fall outside its direct control. However, it said efforts are ongoing to engage relevant authorities to address the disruptions and improve supply.

The statement also criticised the publication that carried the initial report, accusing it of spreading misinformation and warning that “government’s measured silence should not be mistaken for weakness,” citing existing laws on libel and defamation.

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Eid-el-Fitr: Gaya Urges Prayers Against National Challenges

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By Modupe Gbadeyanka

Nigerians have been urged to use the occasion of Eid-el-Fitr to intensify prayers against the challenges confronting the nation.

This appeal was made by the independent non-executive director of the Nigeria Sovereign Investment Authority (NSIA), Mr Abdullahi Mahmud Gaya.

Mr Gaya described the current situation in the country as a test of citizens’ spiritual resolve and faith, tasking Muslims to reflect on the deeper significance of Eid-el-Fitr, noting that the festival symbolises sacrifice, obedience to Allah, and compassion for the less privileged.

“Every Muslim finds joy in observing the Ramadan fast, a fundamental obligation in Islam. We should not lose sight of the lessons it teaches: obedience to Allah, sharing our blessings with the needy, and being our brother’s keeper,” he said in a statement issued by his media assistant in Kano.

Speaking on the forthcoming general elections, Mr Gaya advised the electorate to vote for selfless leaders committed to national service and the welfare of Nigerians, describing the polls as a choice between progress and regression, stressing the need for voters to support candidates with verifiable achievements rather than empty promises.

He also urged Nigerians to remain mindful of their civic responsibilities by choosing leaders who demonstrate integrity, sincerity, and dedication.

According to him, the country’s future depends on the electorate exercising their voting rights wisely to elect leaders who understand the responsibilities of public office and approach them with humility, competence, and genuine commitment to service.

Mr Gaya expressed gratitude to Almighty Allah for His mercies and felicitated with the people of Ajingi, Gaya, and Albasu Local Government Areas, as well as Governor Abba Kabir Yusuf and Nigerians at large, on the successful completion of the Ramadan fast.

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