Connect with us

News

Ukrainian Company Set to Invest in Nigerian Energy Sector

Published

on

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

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Mali Protests Saudi Media Reports, Accuses Journalists of Sowing Disinformation

Published

on

Mali Protests Saudi Media Reports, Accuses Journalists of Sowing Disinformation

By: Zagazola Makama

The Government of Mali has lodged a formal diplomatic protest with the Kingdom of Saudi Arabia over recent media reports concerning the security situation in northern Mali, particularly around the Kidal region.

The protest follows broadcasts by Saudi-based media outlets Al Arabiya and Al Hadath, which Bamako described as misleading and damaging to the image of the Malian Armed Forces (FAMa).

In a statement issued by the Ministry of Foreign Affairs on May 17, 2026, the Malian authorities accused journalist Ibrahim Moustapha, correspondent for the two networks, of entering the country “illegally” and operating in “flagrant violation of Mali’s sovereignty.”

The government further alleged that the journalist may have had links with armed groups operating in the region, an accusation the authorities extended to the content of the reports aired by the networks, which Bamako described as “false, unfounded and aimed at undermining national institutions.”

The reports in question reportedly focused on security developments in northern Mali, including the Kidal axis, an area where state authority has faced persistent challenges from armed groups.

The diplomatic note also warned that such reporting could strain relations between Mali and Saudi Arabia, a country Bamako described as a “long-standing friend and partner.”

The development comes amid ongoing debate over press freedom and media access in Mali, where international organisations have repeatedly raised concerns about restrictions on journalists and shrinking civic space under the transitional authorities.

Observers note that Mali has in recent years tightened oversight of media operations through regulatory bodies, including suspensions of outlets and prosecutions linked to alleged dissemination of false information.

Bamako’s action has renewed discussion on the role of journalists in conflict zones, with media rights advocates maintaining that independent reporting remains a core element of international humanitarian law, provided journalists do not take part in hostilities.

Tensions reportedly escalated further after Al Arabiya broadcast footage showing Malian soldiers allegedly held captive in the north, a development the government also condemned as an infringement on national sovereignty.

While the Malian authorities maintain that media coverage must respect territorial integrity and security sensitivities, press freedom advocates argue that conflict reporting does not necessarily require prior authorisation from parties to a conflict.

The situation has raised concerns over possible diplomatic friction between Bamako and Riyadh, although no official response has yet been issued by the Saudi authorities or the media organisations involved.

Any prolonged disagreement could carry broader diplomatic and economic implications for Mali, which continues to navigate complex security and international relations challenges in the Sahel region.

Mali Protests Saudi Media Reports, Accuses Journalists of Sowing Disinformation

Continue Reading

News

Chief Imam of Ogbomoso calls for stiff punishment for kidnappers, urges FG to enforce maximum penalties

Published

on

Chief Imam of Ogbomoso calls for stiff punishment for kidnappers, urges FG to enforce maximum penalties

By: Zagazola Makama

The Chief Imam of Ogbomoso has called on the Federal Government to adopt stricter measures against kidnappers and armed criminals involved in attacks on schools and abduction of children, urging that offenders be made to face the full weight of the law.

The religious leader made the call while reacting to recent cases of school attacks, killings of teachers, and abduction of pupils in parts of the country, describing such acts as grave crimes against humanity and unacceptable under any moral or legal standard.

He stressed that individuals who engage in kidnapping, killing of innocent civilians and terrorising communities should not be granted leniency, amnesty or reintegration, but should instead be prosecuted and subjected to the maximum penalties prescribed under Nigerian law.

The Chief Imam said religious teachings emphasise justice, protection of innocent lives and accountability for those who commit serious crimes, adding that insecurity affecting schools and rural communities must be confronted decisively by the state.

He called on security agencies and judicial authorities to ensure that arrested suspects are properly prosecuted in accordance with due process, while urging government to strengthen protective measures around vulnerable communities, especially schools and rural settlements.

According to him, sustained attacks on teachers, children and civilians undermine national stability and require a firm and coordinated response from both security and justice institutions.

The Imam further urged policymakers to prioritise the safety of citizens over considerations that may weaken deterrence, insisting that justice must be seen to be served in order to restore public confidence in the security system.

He, however, maintained that all actions must remain within the framework of the law, stressing that the rule of law remains central to any sustainable response to insecurity.

Chief Imam of Ogbomoso calls for stiff punishment for kidnappers, urges FG to enforce maximum penalties

Continue Reading

News

Security Agencies Conduct Show of Force, Secure Jumat Prayers in Jos-Bukuru

Published

on

Security Agencies Conduct Show of Force, Secure Jumat Prayers in Jos-Bukuru

By: Zagazola Makama

Security agencies in Plateau State have conducted a coordinated show of force and provided security coverage for Jumat prayers across major locations within the Jos-Bukuru metropolis.

Security sources disclosed that the operation, carried out at about 1:00 p.m. on May 22, involved troops of Operation Enduring Peace personnel of the Nigerian Air Force 551 Station, the Nigeria Security and Civil Defence Corps (NSCDC), and other sister security agencies.

According to the sources, the joint operation covered key flashpoints within the Jos-Bukuru operational area as part of proactive measures to ensure a hitch-free religious observance.

The exercise also included the provision of adequate security for Jumat prayers at various mosques across different sects and sub-sects within the area.

The sources added that the coordinated deployment was aimed at deterring criminal elements and denying them freedom of action within the metropolis.

Security authorities confirmed that the Jumat prayers were conducted peacefully without any security incident recorded across the covered locations.

Security Agencies Conduct Show of Force, Secure Jumat Prayers in Jos-Bukuru

Continue Reading

Trending

Verified by MonsterInsights