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Ukrainian Company Set to Invest in Nigerian Energy Sector
Ukrainian Company Set to Invest in Nigerian Energy Sector
By: Michael Mike
A Ukrainian company, EDS, has started the move to invest in Nigerian energy sector.
The Director of the company, Zapyshynyi Olexandr, addressing a press briefing in Abuja on Monday, said the company was already mapping out strategies on how to go about the project.
Olexandr while noting that the project will combine solar, wind and hydro energies, said it will begin in the FCT and Lagos before cascading to other states.
He said: “We are looking at mini-grids because we realised that that is where the energy problem is in Nigeria.”
He revealed that: “How successful the first project is will determine how much investment we will bring in.”
He said Nigeria should expect more investments from Ukraine, for the country is moving towards investing in Africa.
Olexandr said the President of Ukraine has given the go ahead for Ukrainian companies to invest in Africa.
Also speaking at the press conference, President of the Ukraine-Nigeria Business Council, Ben Gbade Ojo, said: “Today, we are pleased to present to Nigerians the EDS Ukraine Power and Engineering, a Ukrainian company that has all it takes to turn around the electric power fortunes of Nigeria and help transform Nigeria into a power-efficient nation.
“We welcome the EDS to Nigeria and urge all Nigerians to take advantage of their immense capabilities for sustainable power sector efficiency in Nigeria.”
He said the prime objective of this press conference was to avail the government and Nigerians of the vast opportunities available for the sustainable development and maximal performance of Nigeria’s troubled electric power sector, through a partnership with the people of the Republic of Ukraine.
The Electricity Act of 2023, signed into law by President Muhammadu Buhari in March 2023, and the Amended Act, signed into law this year by President Bola Tinubu permit private participation across all levels of the electricity supply chain, provided such private entities obtain the appropriate licence (s).
Based on the amendment, Nigerians can now participate in the electricity supply business, which was previously the exclusive preserve of the federal government, as administered by the sector regulator, the Nigerian Electricity Regulatory Commission. (NERC).
With the constitution amended, and the National Assembly having passed a law for the electricity sector in line with the amendment and having become an Act, the states will now proceed to establish their power sector laws and regulations.
The 2023 Electricity Act, by virtue, allows anyone to construct, own, or operate a business for generating electricity exceeding one megawatt in aggregate at a site.
Ojo also said the Ukrainian-Nigerian Business Council had fully mobilised to help the federal and state governments and all-electric power sector players and stakeholders benefit maximally from this revolutionary Electricity Power Act.
Ukrainian Company Set to Invest in Nigerian Energy Sector
Security operatives arrest suspected fuel suppliers to bandits in Gombe
By: Zagazola Makama
Security operatives in Gombe State have arrested two suspected fuel suppliers believed to be providing logistics support to bandits operating in neighbouring communities in Bauchi State.
Security sources said the suspects were arrested on March 4 at about 4:30 a.m. during a stop-and-search operation along the Kashere–Futuk Road in Akko Local Government Area of the state.
The sources said the operation followed intelligence reports indicating that bandits terrorising parts of Bauchi State were sourcing fuel supplies from Kashere in Gombe State.
During the operation, operatives intercepted a red tinted Golf 3 vehicle with registration number GME 221 XA, loaded with 29 jerrycans of Premium Motor Spirit (PMS).
The vehicle was driven by one Aliyu Usman, 20, of Futuk Village in Alkaleri Local Government Area of Bauchi State, who reportedly fled the scene and escaped.
Two passengers in the vehicle, identified as Bello Abdullahi, 52, and Sulaiman Musa, 40, both from Futuk Village in Alkaleri LGA of Bauchi State, were arrested at the scene.
The suspects claimed that the fuel was purchased in Billiri, Gombe State.
The police impounded the vehicle along with the 29 jerrycans of fuel as exhibits while investigations are ongoing to determine their involvement in supplying fuel to criminal elements.
Efforts are also underway to apprehend the fleeing driver and uncover other members of the suspected supply network.
Security operatives arrest suspected fuel suppliers to bandits in Gombe
Troops of 3 Division liberate Mansur Village, Alkaleri LGA in Operation BUGUN KARKANDA III
By: Zagazola Makama
Troops of 3 Division Nigerian Army have successfully liberated Mansur Village and surrounding settlements in Alkaleri Local Government Area of Bauchi State as part of the ongoing Operation BUGUN KARKANDA III.
The operation, led by Major General Folusho Oyinlola, General Officer Commanding 3 Division and Commander of Operation ENDURING PEACE, targeted armed terrorists and criminal elements terrorising the local communities.
According to military sources, troops executed a coordinated offensive on identified flashpoints, dislodging terrorists who had attempted to seize control of Mansur Village. An AK-47 rifle was recovered during clearance operations, degrading the operational capacity of the insurgents.
Following the offensive, troops consolidated their positions and conducted patrols across Alkaleri LGA to maintain security and restore normalcy. Residents have reportedly begun resuming socio-economic activities in the area.
Military intelligence indicates that cross-border terrorist gangs operate within Plateau, Bauchi, and Taraba States, exploiting local terrains and engaging in fluid movement patterns to evade security forces.
The insurgents are reported to include high-value targets such as Mallam Lehi, Mai-Kunkuru, and Mallam Azuge, who operate in the Wase/Kanam forests and Jejin Madam axis.
The General Officer Commanding urged troops to maintain vigilance, stressing the importance of denying terrorists freedom of action while ensuring civilian protection.
Operation BUGUN KARKANDA III is part of the Nigerian Army’s ongoing efforts to dominate insurgent corridors and restore peace and security in North East and North Central Nigeria.
Troops of 3 Division liberate Mansur Village, Alkaleri LGA in Operation BUGUN KARKANDA III
Military EOD neutralizes improvised explosive device in Talata Mafara, Zamfara
By: Zagazola Makama
An improvised explosive device (IED) planted between Yar Danya and Maikwanugga villages in Talata Mafara Local Government Area of Zamfara State has been safely neutralized by military Explosive Ordnance Disposal (EOD) experts.
Zagazola report that the operation, conducted on March 3 at about 2:00 p.m., followed the discovery of the device along a key village route. Security sources said the EOD team successfully detonated the IED, preventing potential harm to residents and commuters in the area.
Patrol and monitoring activities by the troops of Operation FANSAN YANMA and other security forces had since been intensified in the vicinity to ensure the safety of the local population and prevent further threats.
Military EOD neutralizes improvised explosive device in Talata Mafara, Zamfara
Security operatives arrest suspected fuel suppliers to bandits in Gombe
Troops of 3 Division liberate Mansur Village, Alkaleri LGA in Operation BUGUN KARKANDA III
Military EOD neutralizes improvised explosive device in Talata Mafara, Zamfara
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