General
NIMASA, NLNG Partner to Train Seafarers
By Adedapo Adesanya
The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a training agreement with the Nigerian Liquified Natural Gas NLNG Ship Management Limited (NSML) to facilitate Certificate of Competency (CoC) examinations for beneficiaries of the Nigerian Seafarers Development Program (NSDP).
The NSDP is a sponsored intervention programme being implemented by NIMASA to grow capacity of young Nigerians to be certified as seafarers with global recognition and acceptance, thus bridging the gap in the dearth of seafarers globally.
The CoC examination is the final stage of the NSDP training, culminating in the acquisition of the CoC license which potentially opens the doors of global employment opportunities for the cadets.
Speaking at an induction ceremony by NSML for 50 of NIMASA’s Romanian trained NSDP beneficiaries , the NIMASA Director General, Mr Bashir Jamoh OFR, highlighted the success of the collaboration between both parties in fostering the development of Nigerian seafarers.
The NIMASA DG who was represented by the agency’s Director Special Duties, Mr Isichei Osamgbi, noted that NIMASA sincerely appreciates NSML for their leadership and vision in partnering the Agency to support the development of seafarers and promotion of our local content onboard their vessels.
In his words “It is worthy of note that a good number of NSDP Officers trained onboard NSML vessels are now employed by the company. Today, we are proud to announce that 150 Romanian-trained NSDP cadets have concluded their mandatory onboard sea training and are ready to proceed for the Certificate of Competency (CoC) training and examinations.
The signing of this Training Agreement between both parties resulting in the commencement of CoC for the first batch of Romanian trained cadets, will go a long way in ensuring all backlogs of cadets awaiting CoCs are cleared”.
He urged other organizations in the industry to take a cue from NSML and give opportunities to aspiring Nigerian seafarers to acquire knowledge and gain experiences to excel in the field.
The Permanent Secretary Federal Ministry of Marine and Blue Economy, Mrs Magdalene Ajani, while speaking at the ceremony charged the lucky Cadets to be worthy ambassadors of Nigeria.
According to Mrs Ajani who was represented by Mrs. Ekanem Saila, a Deputy Director from the Ministry noted that the collaboration between NIMASA and NSML was a welcome development and the outcome of discussions which have been on for some time.
On his part, the Managing Director/CEO of NSML, Mr Abdulkadir Ahmed, said the organisation is sponsoring 50 of the cadets to the South Shield Marine School in the UK for a 12 month programme to get their certificates of competency required to trade on vessels globally.
He said this is aimed at addressing the dearth of Nigerian seafarers on ocean going vessels and the need to meet indigenous manning requirements in Coastal and Inland Shipping (Cabotage).
He stated that the training programme in the UK is the gold standard in maritime training, noting that with the certificate of competencies, the cadets will become qualified seafarers and work on any vessel globally.
“So our support here is really in coordinating and ensuring we actually support these cadets back to back because the goal is to ensure they come out with good Certificates of Competency and to ensure they have a career in the global shipping marine sector,” he stated.
Mr Ahmed also noted that, with the emerging transition in the shipping and maritime industry, such as in energy and decarbonisation, which requires bringing in new technologies, it is important that seafarers continue to upgrade their skill sets and train on new technologies to be abreast of new developments.
General
Watt Renewable Secures $15m Loan for Hybrid Solar Power Plants in Nigeria
By Dipo Olowookere
A $15 million debt facility has been obtained by Watt Renewable Corporation from the AfriGreen Debt Impact Fund to finance hybrid solar power plants to be built and operated by the former, especially in Nigeria.
WATT intends to use the projects to serve commercial and industrial clients in Nigeria, particularly in the telecommunication and financial services sectors.
By integrating solar hybrid solutions, the firm aims to significantly reduce diesel consumption and CO2 emissions, enabling its clients to achieve substantial energy cost savings while promoting environmental sustainability.
As a pioneer in renewable energy solutions, WATT continues to drive innovation in Nigeria’s energy sector.
The company’s robust roll-out plan includes deploying hundreds of hybrid solar power sites nationwide to meet the growing energy demands of commercial & industrial clients.
This strategic expansion aligns with WATT’s vision to revolutionize energy access across Africa, enabling sustainable development and reducing reliance on fossil fuels.
The funds from AfriGreen provide the critical capital needed to accelerate WATT’s ambitious projects, strengthening its market position and empowering businesses with reliable and affordable energy solutions.
Business Post gathered that to mitigate the currency risk for WATT in the event of devaluation of the Nigerian Naira, AfriGreen is offering a local currency facility that matches the payment structure of the power purchase agreements.
“We are thrilled to partner with AFRIGREEN on this transformative journey to expand reliable and sustainable energy solutions across Africa.
“With this support, it enables us to accelerate our shared mission of providing hybrid solar power to businesses, reducing carbon emissions, and supporting economic growth while enhancing energy security for our clients,” the Managing Director of WATT, Mr Oluwole Eweje, said.
“We are delighted to support WATT in rolling out hundreds of hybrid sites across the country.
“This represents another key transaction for AFRIGREEN in Nigeria. The combination of high energy prices, good solar irradiation, and strong demand from industrial and commercial energy users makes this market particularly attractive for companies like WATT.
“By leveraging these favourable market conditions alongside WATT’s exceptional operational performance and a well-structured financing solution, we are setting the stage for a strong and lasting business partnership,” the Managing Director of AfriGreen, Mr Alexandre Gilles, stated.
General
NMDPRA Denies Restricting Gas Supply to Gencos
By Adedapo Adesanya
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied issuing a directive that gas supply to power generating companies (GenCos) be halted.
In a statement on Wednesday, the authority also denied instructing wholesale gas suppliers to stop further supply of gas to companies due to failure in payment obligations.
The NMDPRA described reports stating that it has directed the stoppage of gas supply to GenCos over N2 trillion debt as “false and completely unfounded”.
“It has absolutely no bearing on the information shared at a recent stakeholders’ engagement held in Lagos between the Authority, the OPTS, IPPG and other stakeholders in the oil and gas industry,” the NMDPRA said.
“The purpose of the engagement was to sensitise stakeholders on the requirements, opportunities and benefits associated with the implementation of the wholesale supply license as provided by sections 142 and 197 of the Petroleum Industry Act (PIA) 2021.
“It was a follow-up to an earlier stakeholder engagement held at the NMDPRA corporate headquarters in Abuja on November 27, 2024.
“The Authority wishes to reassure all our stakeholders and indeed the general public that at no time was the false statement made at that event and anywhere else, and are advised to completely disregard the publication as every effort is being made to ensure that the supply and distribution of natural gas and petroleum products to end users is seamless and unabated as we head into the festive season and indeed all through the coming year 2025.”
Recall that Nigeria’s national grid experienced another collapse on Wednesday, the 11th time in 2024 as Gencos couldn’t generate enough power, compounding issues facing the Nigerian power sector.
This was the first time in over a month as the last time the nation witnessed a nationwide shutdown 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.
General
Power Outage in Nigeria as National Grid Collapses
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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