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I Will Attract Investments to Osun if Elected Governor—Tunde Adedeji

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By Nwaorgu Faustinus

A chieftain of the All Progressives Congress (APC) in Osun State, Elder Tunde Adedeji, has expressed his willingness to contest in this year’s governorship election in the state.

Speaking in an interview in Lagos on Thursday, the Director of Skyrun Cocoa Processing Company Ede, noted that if elected, he would bring development to the state, which is in need of huge economic growth.

For Mr Adedeji, his is very optimistic of grabbing the sole ticket of the party to contest in the exercise.

According to him, “My chances of becoming the party’s candidate and winning the next governorship election in Osun State are bright.”

He also promised to harness the huge resources in the state, shore up revenue and fill the gap in infrastructure.

“I have what it takes in terms of exposure, education and vision to lead Osun State to the next level of development. I have been in politics since 1998. Prior to that, I was active in student politics, a king maker and parliamentarian during my days in University of Ife (now Obafemi Awolowo University Ile-Ife (OAU)). Nobody could have been president of the Students Union without my input.

“I attempted the House of Representatives in 1999 and my ticket was ceded to a former Speaker of the House of Representatives. I cooperated with Chief Bisi Akande, our great leader, political father, mentor and great coach.

“I have been a loyal party man. I have gained a lot from our progressive leaders. I am a key player in Osun Politics. The greatest travail of the progressives was the struggle for the actualization of the mandate of Ogbeni Rauf Aregbesola. I am glad that I was part of the process. I am able to mix maximally with different kinds of people –youth, women, the old, privileged and under privileged.

“I have a lot of contacts both locally and internationally that can be harnessed to bring in the much needed investment to develop the state. I served as the chairman of two companies within the Oodua Group of Companies, Askar Paints Nigeria Limited and Wrought Iron Nigeria Limited. I want to leave a legacy of good governance,” Mr Adedeji boasted.

A grassroots politician and a native of Gbongan in Ayedaade Local Government Area of Osun State, Mr Adedeji said he would fight the election on economic issues.

“Osun should not be a poor state. The state is endowed. If given the mandate, I will leverage on the infrastructural development efforts of the incumbent. All that is needed is a visionary leader, who can think out of the box, come up with solutions that will address the paucity of development in the state. Osun is an agrarian community. We have to increase productivity through massive investment in agriculture, agroindustry and agribusiness. I am committed to building a state where there would be economic buoyancy, a hub of modern development and beehive of business investments and employment generation activities,” he said.

The politician promised to create new jobs, ensure proper training and enabling environment for the civil servants in the state.

“Work is the antidote to poverty” he said.

Mr Adedeji, who praised Major General Leo Segun Ajiborisa (Rtd), Alhaji Isiaka Adeleke (of blessed memory), Navy Commodore Anthony Udofia, Brigadier General Anthony Obi, Brigadier General Theophilus Bamgboye, Chief Bisi Akande, Prince Olagunsoye Oyinlola and Ogbeni Rauf Aregbesola for contributing towards the development of the state, promised to lead an all-inclusive government, bridge the gap between the rich and the poor, provide developmental initiatives and encourage women by reserving forty percent of appointment for them .

“Having garnered experiences in private and government agencies, I have decided to bring to bear the flourishing and unending exposure I have acquired over the years to serve my people. I feel there is no better time than to contribute at a higher pedestal to the development of Osun State than 2018. I have been in public administration and business for years. All I can do is to strive to do better,” he disclosed.

Mr Adedeji, one of the APC leaders in Osun, represents the state as a member of the Technical Committee on Regional Integration of Western Nigeria.

He served as a board member of the Agricultural Development Corporation of Osun State.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Power Outage in Nigeria as National Grid Collapses

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By Aduragbemi Omiyale

Nigeria is currently experience a cut in power supply after the national grid collapsed for the 11th time in 2024.

This is the first time in over a month as the last time the nation witnessed a nationwide shut down in electricity supply was on November 7, 2024.

Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.

However, just when Nigerians were thinking they will not witnessed another national grid collapse in the year, it issue reared its ugly head again.

On Wednesday afternoon, most of the energy distribution companies suffered power outage, prompting them to inform their customers of the situation.

One of the DisCos, Ikeja Electric Plc, in a message to electricity consumers under its franchise area, said, “Please be informed that we experienced a system outage today, December 11, 2024, at about 13:32 hours affecting supply within our network.

“Restoration of supply is ongoing in collaboration with our critical stakeholders. Kindly bear with us.”

Recall that on Tuesday, in a report, Google listed national grid as one of the top trending searches by Nigerians this year.

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NLNG to Replace Vessels in Move Towards Decarbonisation, Sustainability

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By Adedapo Adesanya

The Nigerian LNG Limited (NLNG), which produces Nigeria’s Liquified Natural Gas (LNG) and natural gas liquids (NGLs) for export, is planning to replace all its vessels with modern ships within the next decade.

This was disclosed by Mr Nnamdi Anowi, the General Manager of Production, NLNG, during the World Leaders’ Panel session on Tuesday in Berlin, Germany, as part of the 2024 World LNG Summit and Awards.

Speaking at the event themed “Achieving the Balance Between Energy Security and Decarbonisation,” he said the company which was incorporated in 1989 was making plans to boost its vessels to ensure proper transportation of gas for export.

“We are making significant strides in our shipping operations. Over the next 10 years, we aim to transition from our current steam-powered vessels to modern ships.

“Earlier this year, we took a major step by entering into a long-term chapter of our first modern ship Aktoras, and we are already planning to acquire a second ship next year,” he said.

On the critical issue of net zero emissions, Mr Anowi said that NLNG aspires to achieve net zero emissions by 2040.

According to him, this goal is attainable through implementing a combination of solutions that include operational efficiency, natural sinks/offset projects, carbon capture and storage (CCS), net zero expansion, digital solutions and shipping efficiency.

“Our pathway to net zero aligns with Nigeria’s target of reaching net zero by 2060, while many major players in the industry are aiming for 2050.

“We are actively expanding our initiatives in this area, including several low-carbon projects,” he explained.

Regarding Liquefied Petroleum Gas (LPG), Anowi noted that the company had committed 100 per cent of its LPG production (propane and butane) to the Nigerian market.

He pointed out the urgent need for cleaner energy, citing a report that revealed that not less than 100,000 Nigerians died yearly from smoke inhalation caused by cooking with firewood, predominantly affecting women and children.

“This underscores our commitment to sustainability. It’s important to recognise that about 80 per cent of Africans lack access to cleaner energy.

“When discussing sustainability, we can not overlook the necessity of providing energy to these communities,” he added.

He further elaborated on NLNG’s strategy, stating, “Our objective at Nigeria LNG is to maintain safety, enhance capacity, foster growth, and future-proof our business.

“The recent transformation programme includes a rebranding initiative, evidenced by the unveiling of a new logo and the company’s renewed purpose: providing energy for life’s sustainability.

Mr Anowi also noted that NLNG was working diligently to improve its production capacity from 23 million tons to 30 million tons through its Train 7 Project.

“We are actively engaging with stakeholders and the government to ensure our LNG trains are filled by the end of next year,” he said.

On sustainability, Mr Anowi explained that 75 per cent of NLNG’s emissions result from its operations, with the remaining 25 per cent coming from its shipping activities.

He emphasised the importance of measurement, reduction, avoidance and mitigation strategies in their sustainability efforts.

He said that the company was also exploring CCS opportunities through partnerships with the government and other international oil companies.

“We are in the early stages of CCS implementation, assessing potential reservoirs for this purpose,” he said.

In terms of renewable energy, Anowi said that NLNG was investigating solar power projects at its offices in Abuja and Port Harcourt as part of its broader sustainability initiatives.

“We are committed to abatement efforts and are collaborating with experienced private companies to explore carbon credit opportunities.

“We must balance sustainability with affordability and reliability in energy supply.

“The African region must progress at its own pace, prioritising immediate energy needs before addressing long-term sustainability goals,” he explained.

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National Grid, Mr Ibu Among Top Trending Searches by Nigerians in 2024

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By Dipo Olowookere

Many events happened in 2024 in Nigeria but a few shook the nation because of their impact on residents of the country.

According to a report released by Google, the incessant collapse of the national grip, which plunged the nation into darkness, was among trending searches on its platform.

In the report made available to Business Post on Tuesday, the tech giant said this year’s results show a continued interest in the political and economic landscape, with searches related to the US elections, the new national anthem.

“The 2024 Year in Search offers a unique lens into the questions, interests, and conversations that shaped the lives of Nigerians this year.

“From cultural milestones to pressing concerns, these insights reflect how Search continues to be a valuable tool for users to navigate and better understand their world,” the Communications and Public Affairs Manager for Google West Africa, Taiwo Kola-Ogunlade, stated.

Google’s 2024 Year in Search for Nigeria showcased the most popular searches, notable individuals, actors, musicians, topics, questions, and other subjects that captured Nigerians’ attention in the year.

Google’s Year in Search is an annual analysis that reveals the top trending lists and also spotlights what the world searches to see, learn, and do.

The music scene in 2024 was marked by a surge in popularity for artists like Shallipopi and Khaid, who also featured prominently in the overall personalities list. The top trending song was “”I Don’t Care” by Boy Spyce”, followed closely by “Ozeba” and “Commas” by Ayra”. Nigerians also showed a keen interest in understanding the lyrics of various songs, with “Ogechi lyrics”, “Ozeba lyrics”, and “Omemma by Chandler Moore lyrics” leading the searches in the lyrics category.

This year, Nigerians continued to demonstrate a strong interest in entertainment with movies like “A Tribe Called Judah”, “Treasure In The Sky”, and “Damsel” topping the movie charts. The top TV series that captured the interest of Nigerian netizens included “Supacell”, “My Demon”, and “Queen of Tears”. In the culinary world, Nigerians explored diverse recipes with “Pornstar Martini recipe” leading the searches.

Concerns about personal well-being and global events were also reflected in search trends. Questions like “How much is dollar to naira today?”, “How to get perfectly defined curls for African hair?”, and “Who won the US presidential election?” topped the list of queries. Nigerians were curious about the meaning of words like “demure,” “steeze,” and “pet peeves,” turning to Search for answers.

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