Egbin Power Tasks Newly Inducted Graduate Engineers On Innovation
By Modupe Gbadeyanka
The newly inducted 27 young engineers, who successfully completed the Graduate Engineering Programme of Egbin Power Plc, have been charged to remain focused and make the best use of the opportunity by continually exploring innovative ways to make an impact in the organisation.
The Group Managing Director of Sahara Power Group, Mr Kola Adesina, while congratulating the inductees, assured that Sahara Group would continue to invest in its human capital development to create a pipeline for the kind of leadership needed for future growth and development of the industry.
He noted that investment in new technology, expansion initiatives and innovative achievements at Egbin Power Plc requires a corresponding human capital profile to ensure optimal performance and profitability of the plant.
Mr Adesina described the graduate scheme as a critical intervention in building the capacity of technical manpower with requisite skills for infrastructural and human capital development of the power sector.
“Employment has been a challenge in this country, so this initiative helps us bring in more young people into the business and equip them to add value.
“We are looking to bring in value-adding personalities continually, and we have no doubt that these crop of young talents will add value to our asset and ultimately assist in resolving the power challenges we have been experiencing in the last 63 years,” he said.
The programme aligns with the commitment of the firm to drive human capital development in the power sector sustainably.
The 2022 graduates were the third batch of Egbin Power’s engineering trainee programme. The 12-month comprehensive developmental programme, run in collaboration with Energy Training Centre (ETC), is an immersive and experiential learning experience for selected young engineers, focusing on processes, procedures, and operations of the Nigerian Electricity Supply industry.
It involves a blend of learning approaches; instructor-led classroom sessions, virtual sessions, and field practical sessions to ensure effective learning transfer as well as improve their capacity and practical field experience.
Speaking on the initiative, the chief executive of Egbin Power, Mr Mokhtar Bounour, noted that investment in people is the key to success in any organization and reiterated the commitment of the company to provide all the support the young Engineers require to make a difference. He also tasked them to ensure that they always push the limits and always remain innovative.
“We are very proud of the progress our trainees have made, and we believe that they are now well-equipped to make significant contributions to the power sector.
“These are the future leaders, and they deserve to be supported. We believe in them, and we are counting on them to make a difference in bringing energy to life,” Mr Bounour said.
The facilitator of the programme and Managing Director of Energy Training Centre (ETC), Ms Ibiene Okeleke, said the learning academy gave the trainees access to top-notch learning facilities and curriculum delivered by a faculty of subject matter experts.
“As one of Nigeria’s foremost learning institutions, these young graduate Engineers under our tutelage have gained extensive knowledge of the power sector. We look forward to seeing them solve the power challenges we face as a nation,” she stated.
One of the beneficiaries, Ms Eseoghene Agbadudu, said, “It is a fulfilment and an achievement for me; I am really excited to be part of this programme. We had the opportunity to be exposed to both the Technical and Commercial aspects of the Power Sector. So, I hope to put all these learnings into play at Egbin Power in bringing innovative ideas that can help improve the power sector.”
The programme is a key component of the company’s strategy to develop the next generation of competent and reliable professionals who are groomed with a broader perspective and also exposed to the entire Energy Value Chain, as well as driving the company’s vision of being the provider of choice wherever energy is consumed.
Outrage as NNPC Appoints French-Swiss National to Head Oil Trading Business
By Adedapo Adesanya
Nigeria’s oil company, the Nigerian National Petroleum Company (NNPC) Limited, has appointed Mr Jean-Marc Cordier, a former Vice President of the Abu Dhabi National Oil Company (ADNOC), to head its oil trading business.
This was disclosed in a statement signed by Mr Garbadeen Muhammad, the Chief Corporate Communications Officer of the organisation, saying Mr Cordier joined as the Head of its oil trading arm, NNPC Trading Limited.
He said Mr Cordier’s appointment was in furtherance of the ongoing repositioning drive in the company toward improved growth, better performance and service delivery.
According to the company, the renowned international oil trader, a French/Swiss national, holds a Master’s degree in Corporate Finance with Distinction from Paris 9 University.
“[Mr] Cordier comes into the role with a rich background spanning over 30 years in physical oil, oil derivatives and risk management with significant experience in reorganizing and creating a trading business,” he said.
He spent 24 years with Elf Trading/Total Trading in various positions as Trader, Trading Desk Manager in Geneva and four years as the Global Trading Manager at Addax Energy in Geneva.
At ADNOC in Abu Dhabi, UAE, he served as Vice President, Middle Distillates, Senior Vice President of Risk Management, Senior Team Member in charge of building the trading activity for ADNOC and the launch of ADNOC Global Trading (AGT) in December 2020,” he said.
Mr Muhammad said that Cordier had since assumed duty.
Business Post understands that the French-Swiss national’s appointment has sparked outbursts from stakeholders who complained that it doesn’t align with the promises of the Petroleum Industry Act (PIA), which promises more Nigerian involvement in the country’s oil company.
While some argued that expatriates have always held posts in oil companies, others said NNPC should endeavour to promote the local content drive of the federal government.
Jobrole Introduces Flexible HR Plan for SMEs
By Modupe Gbadeyanka
An outsourced human resources (HR) management solution designed to accelerate the activities of small and medium enterprises (SMEs) in the country has been introduced by a leading talent management company in Nigeria, Jobrole Consulting Limited.
This plan, called Jobrole Flexi HR, will enable small business owners to navigate common HR challenges while focusing on core business operations.
It is an integrated human resources and business solution designed to meet the administrative needs of Nigerian small businesses and help them grow from sole proprietorships to flourishing organizations with select employees and clientele lists.
Jobrole Consulting is reputed for its wide-ranging human resources solution for high business performance, and this new package further cements its status in the industry.
The Director of Strategy and New Market at Jobrole Consulting, Mr Chigbo Okeke, informed newsmen that the Jobrole Flexi HR plan was to justify that people are a strategic resource for every business.
According to him, no matter how large or small a business is, there is always a need to use effective HR strategic planning techniques to manage the company’s resources and minimize human resources issues.
“We are excited to introduce Jobrole Flexi HR plan to the Nigerian SME market. This is an outsourced HR management solution that assists start-ups and other small-to-medium-sized businesses in reducing operational issues such as staff identity risks, recruitment turnaround time, hiring costs, and developing HR policies for your organization.
“These HR activities are vital business functions, strategic to the operational success of all businesses. We help our clients carry out these tasks and get them done without a hitch while they face their core business operations,” he said.
Mr Okeke added that, “Nigerian small businesses must prioritize building a comprehensive human resources programme into the company’s overall business strategy.”
This, he said, is critical to increasing their bottom line and capable of strengthening their organization’s competitive advantage.
Some Flexi HR deliverables include staff recruitment, onboarding and documentation, employee background checks, performance management, payroll management, and HR policy development.
He urged small business owners in Nigeria to take into account that the HR role is key to their operations, noting that with the changing nature of the work environment in recent years, it is now very clear that the role of HR is very significant for small and bigger businesses because the value one or a few employees add to the business’s performance is quite significant and immeasurable.
Former NBS Chief Yemi Kale Joins KPMG Nigeria as Chief Economist
By Aduragbemi Omiyale
The former chief executive officer of the National Bureau of Statistics (NBS), Mr Yemi Kale, has joined a leading audit firm, KPMG Nigeria, as a partner and chief economist.
Mr Kale was also Nigeria’s Statistician General of the Federation between 2011 and 2021 and was very respected for how he projected the agency as a reputable stats agency.
In a post on Thursday, KPMG said Mr Kale would lead the company’s view on macroeconomics and enhance the breadth of our solutions involving economic modelling and macroeconomic analysis in private and public sector clients.
“The partners and staff of KPMG Nigeria are pleased to welcome Dr Oyeyemi Kale to our firm as he assumes the role of Partner and Chief Economist of KPMG Nigeria.
“Yemi holds a B.Sc. Honours degree in Economics (first class), Addis Ababa University, and an http://M.Sc. (Distinction) and PhD in Economics from The London School of Economics and Political Science.
“He has deep experience, gained from both the private and public sector, in macroeconomic analysis, financial, economic and investment research and fiscal and macroeconomic policy advisory.
“From 2011 to 2021, he served as the Statistician General of the Federation/Chief Executive Officer of the National Bureau of Statistics (NBS).
“As our Chief Economist, Yemi will lead the firm’s view on macroeconomics and enhance the breadth of our solutions involving economic modelling & macroeconomic analysis in private and public sector clients,” the announcement read.
Under his watch, the stats office released data that were favourable and unfavourable to the ruling government with fear.
Latest News on Business Post
- Emirates Acquires Three DA42-VI Aircraft for Flight Training Academy March 30, 2023
- Access Bank Issues AfriGO Card to Customers for Robust Payment Ecosystem March 30, 2023
- Dangote Says N300bn Bond Listing Reflects Nigerian Capital Market Depth March 30, 2023
- Best Site to See Football Statistics, League Tables, and Fixture March 30, 2023
- Yul Edochie Loses First Son to Death After Exam March 30, 2023
- Indonesia Loses 2023 FIFA U-20 World Cup Hosting Rights March 30, 2023
- Unlisted Securities Market Closes Flat at Midweek March 30, 2023
- Naira Sells N461.24/$1 at I&E, N764/$1 at P2P, N747/$1 at Black Market March 30, 2023
- Oil Drops on Profit Taking Despite Supply Tightness March 30, 2023
- Market Gains N261bn as Banking, Industrial Goods Stocks Enjoy Patronage March 30, 2023