General
General Electric Backs Nigeria’s Energy Transition Plan
By Adedapo Adesanya
As Nigeria drives toward inclusive energy transition and implementation of power services, General Electric has reiterated its commitment to support a robust, timely, just, and as it plans for improved energy access for the country and Sub-Saharan Africa.
This commitment came at the recently concluded 9th edition of the Nigeria Energy Conference themed Affordable, Reliable and Sustainable Energy through Collaboration.
According to the Africa Energy Outlook 2022, Africa accounts for less than 3 per cent of the world’s energy-related carbon dioxide (CO2) emissions. It has the lowest emissions per capita of any region. In addition, there are still over 580 million people on the continent without reliable energy, and the demand for electricity is expected to continue to increase as populations rise, industrialization ambitions grow, and urbanization continues to fuel the need for more electricity.
Nigeria, the largest economy in Sub-Saharan Africa, is endowed with huge oil, gas, hydro, wind, and solar resources, but constraints in the power sector impact growth and industrialization.
According to its energy transition plan, Nigeria aims to achieve net zero by 2060. As the country works towards scaling up energy access for development, attracting investment, and expanding the energy mix to include more renewables, Nigeria can leverage its long-standing collaboration with global and experienced OEMs that have a track record in supporting national energy transition ambitions.
Speaking on this, Mr Mohammed Mijindadi, GE Nigeria President and Sales Director Anglophone and Francophone Africa, GE Gas Power, said – “As a world leader in developing innovative energy solutions, GE can provide cutting edge technologies to support the country’s plan to improve and strengthen the grid infrastructure, reduce reliance on diesel generators by improving access and efficiency of thermal assets, diversifying the energy mix, especially with hydropower and provide the technical expertise required to support industrialisation and the energy transition.”
He highlighted the company’s continued investments in research and development to provide power solutions that meet the growing energy needs of different countries.
“With one-third of the world’s electricity generated with the help of our technology, GE understands that the power sector serves as a model for other industries around the world. We believe that lower-carbon solutions, such as renewable energy supported by gas power, can contribute to a more decarbonized energy future thus offering customised technologies for countries.
“So far, we have installed over 100 power plants across renewables, gas, and steam plants, generating power in up to 22 countries in Sub-Saharan Africa,” he added.
GE noted that it is committed to supporting the next evolution of Sub-Saharan Africa’s energy system and believes that the accelerated and strategic deployment of renewables and gas power can change the trajectory for climate change in the region’s future energy mix while spurring industrialization and addressing climate change ambitions.
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.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn