General
Nigeria to Develop Integrated Electricity Policy, Implementation Plan
By Adedapo Adesanya
Nigeria will develop a new integrated national electricity policy and strategic implementation plan, as mandated by the Electricity Act 2023, according to the Minister of Power, Mr Adebayo Adelabu.
President Bola Tinubu had on June 9 assented to the Electricity Bill, now an Act empowering states, companies and individuals to generate, transmit and distribute electricity.
This, in turn, repealed the Electric Power Sector Reform Act (EPSR A), 2005 and create a comprehensive legal and institutional framework to guide the Nigerian Electricity Supply Industry (NESI).
Mr Adelabu, while speaking on Monday at the Nigeria Electricity Management Services Agency (NEMSA) roundtable for legislature, judiciary and other stakeholders said the ministry of power is working assiduously with the National Council on Power to send the policy to Federal Executive Council (FEC) for approval.
The round table was on the Enforcement of Technical Standards and Regulations in the NESI and Allied Industries.
The minister said that Electricity Act had consolidated virtually all legislation in the NESI and strengthened the role of NEMSA as the lead enforcer of all statutory technical and regulatory standards.
This is to guarantee the safety of lives and property, with complementary roles assigned to other sister agencies under their acts.
The minister said that the round table was timely, and the theme was well-informed.
“It’s an opportunity for us to compare notes on the reforms recently brought about in NESI by the Fifth Alteration to the 1999 Constitution (as amended) and the re-enactment of the Electricity Act, 2023.
“It is time to take stock of where we are and where we are going. As you are all aware, it’s one of the major fallouts of the amendment to the Fifth Alteration
“I must therefore, commend the management of NEMSA for displaying leadership by recognising the vital roles played by not just the national state actors and other stakeholders in NESI, but pertinently, the legislature and the judiciary, ” he said.
Mr Adelabu said that at the last count, not less than five states had enacted their own electricity laws and commended the legislature for their incessant resolve to bring to fruition necessary statutes with positive bearing on the lives of the citizenry.
“Be rest assured that the ministry under my leadership is dedicated to leading the engagements with the state governments to maintain standards across the board to ensure that desirable reforms are undertaken and guided against regulatory rupture, ‘’ he said.
Chairman, House Committee on Power, Mr Victor Okolo, said there was need to ensure that all electrical installations deployed in NESI met required technical standard regulation and specification.
Represented by Mr Rodney Ambaiowei, he said that the technical standard regulation and specification was to ensure that such system were capable of delivering safe and reliable electricity supply to guarantee safety of lives and property.
“We have observed that NEMSA, in an attempt to enforce its mandate, has met with stiff resistance in several occasions which is attributed to lack of adequate knowledge of the agency and its function.
“However, at the end of this conference, participants would have been better informed of the mandate of NEMSA and spread the message to those concerned.
“On our part, we assure the agency that it receives adequate funding and other support it needs to effectively discharge its responsibilities, ‘’ he said.
On his part, Mr Aliyu Tahir, Managing Director, NEMSA, said that the enforcement of technical standards and regulations was a very critical aspect in managing the growth of the electricity industry in any nation.
He said that technical standards and regulations helps to ensure that all electrical installations deployed in the NESI meet the required technical standards, regulations and specifications.
“This is to ensure that such systems are capable of delivering safe, reliable and sustainable electricity supply as well as guarantee safety of lives and property.
Mr Tahir said that to effectively achieve its core mandate of enforcement, NEMSA had 19 Inspectorate Field Offices (IFO), six National Meter Test Stations and one engineering and chemical laboratory.
According to him, those offices are manned by qualified, well-trained, skilled and well-motivated engineers, technical officers and other professionals.
He said that the agency also had plans to open meter test stations in the North East and North Central Geopolitical Zones of the country whenever there was approved fund for the project.
He said that NEMSA, in the course of carrying out its mandate in the power sector and other allied industries/workplaces in the past few years, met with resistance on several occasions.
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Wholesale marketplaces were created so that business owners could find profitable offers and make deals on B2B platforms worldwide. In addition to buyers and sellers, there are traders, distributors, logisticians, and other professionals on such platforms. Let’s take a closer look at these professions. Traders purchase goods in order to resell them at a higher price; speculation is allowed on B2B marketplaces and is a legal instrument. Distributors are the official representatives of the manufacturer, meaning you can purchase original products at the lowest price. Most often, goods are purchased in China and then transported by sea to European countries or North America. We suggest you try the Globy Platform, where the most reputable Asian distributors are registered. Logisticians can also register on Globy. They provide services for the transportation of goods by sea. The following are the advantages of Globy, which are mentioned most often:
- quick registration on the portal;
- website with simple navigation and management;
- excellent choice of reliable suppliers;
- most relevant products in the catalog;
- free registration;
- no commission.
Some B2B platforms process payments, but Globy allows participants to make money payments outside the platform using one of the secure methods. In addition, Globy does not charge a commission when concluding a purchase deal. To start working on the platform, you need to register in accelerated mode or fill out a form with your company’s details. You can be sure that your banking details, personal, and contact information are protected. Third parties can only see the information that you leave open. When registering, do not forget to enter your company’s contact information (messenger, phone, email) so that new partners can contact you. You can pay attention to the fact that the Globy catalog contains items without specifying a price, but the product profile contains the vendor’s contacts. You can contact the seller to discuss the deal details, determining the price of the product.
Logistics Tool on Globy
There is often a situation when the supplier does not provide transportation services and the buyer has to search for a carrier on their own. In fact, this problem is solved simply. Globy has a special tool that helps you quickly find a charterer. You would open the freight calculator and fill in all the fields in the suggested form. You would specify the sending and destination port, and don’t forget to specify the dates and choose the container size. If you want to place containers in an optimal way, then use the load calculator, which is also available for free on the official website. You can use these tools only after registration. You can log in quickly if you have a Google account or a LinkedIn profile. After entering the data, the freight calculator will process your request and provide a list of prices. You can select a suitable line and contact the charterer to discuss the details of the contract. It is recommended to choose a sea delivery with a minimum number of intermediate stops, in which case the cargo will arrive at the destination port faster.
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Buyers should remember that you can check the cargo when it arrives at the port. If the rules of transportation were violated, there was a long delay, or the goods were damaged, you can refuse the cargo, explaining the reason. You can discuss a price reduction with the supplier if the product has lost its proper appearance or the packaging is damaged. You can evaluate the cargo yourself or with the help of third-party experts. It is best to carefully check the documentation when receiving the goods at the port. All documents must be executed in accordance with international law. You can register on Globy today, find the goods you need, and use the logistics tools for free. More than fifty-five thousand users have already been registered on the platform, which indicates the high authority of Globy. If you have any questions, you can ask them in the Help Center on Globy website.
By Adedapo Adesanya
Shipping giant, Mediterranean Shipping Company (MSC), has signed a 45-year concession agreement with Nigerian maritime company, Nigerdock, to develop, operate and maintain a new container terminal at Snake Island Port in Lagos.
A statement by MSC on Thursday noted that the new container terminal would be completed by 2028 with a 910-meter quay, six Ship-to-Shore (STS) cranes, two ship berths, three barge berths, and up to 18 meters of draft.
The dedicated MSC terminal would be part of the company’s announced $1 billion investment in infrastructure and logistics in Nigeria.
“We are thrilled to take this step forward in our partnership with MSC to develop a world-class container terminal within Snake Island Port.
“This gives the world’s leading shipping line a home in Nigeria and brings significant foreign direct investment into the country to accelerate growth in the maritime and logistics industry,” it said.
Global shipping companies are pushing to secure long-term footholds in emerging markets as supply chains are reconfigured worldwide.
MSC said the terminal, to be built by ITB Nigeria and DEME Group, is expected to be ready by 2028.
It will occupy 30 hectares (74 acres) and feature a 910-metre (3,000 ft) quay capable of handling ship‑to‑shore cranes and mobile harbour cranes, serving both deep-sea vessels and barges.
MSC President, Mr Diego Aponte, said: “Completing this key phase in the development of Snake Island Container Terminal with Nigerdock and our trusted partners demonstrates MSC Group’s commitment to providing excellent service to our customers in Nigeria and throughout Africa.
“The new terminal will open up opportunities, enhance efficiency, and elevate Snake Island Port as a major global shipping centre.
“Together with our Group’s other long-term investments in Nigeria, it will generate many local jobs and significantly increase economic revenue and resilience.”
Snake Island Port is an 85-hectare facility operated by Nigerdock, a maritime and logistics company, and comprises three terminals serving the Lagos port complex.
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