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Ukrainian Company Set to Invest in Nigerian Energy Sector

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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

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VP Shettima To Insurgents: We Will Not Be Cowed By Attempts To Undermine Our Collective Peace

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VP Shettima To Insurgents: We Will Not Be Cowed By Attempts To Undermine Our Collective Peace

By: Our Reporter

Following President Bola Ahmed Tinubu’s reaching out to the government and people of Borno State regarding the latest insurgency attack in the State, Vice President Kashim Shettima has assured that the administration of President Bola Ahmed Tinubu will not be cowed by despicable acts of cowardice and a doomed attempt to undermine the collective peace of the nation.

Deploring the attacks, including the abductions in Ngoshe and the coordinated assaults on military formations in Konduga, Marte, Jakana, and Mainok, the Vice President reaffirmed that the administration remains resolute in its duty to protect the lives and properties of all Nigerians.

In a statement on Saturday, Senator Shettima emphasised that the Federal Government is already deploying additional tactical assets and intelligence-driven reinforcements to the affected areas.

“The events of the past few days are a painful reminder of the shadow that persists, but let it be known: we choose light over shadow, and hope over despair. Our difference as a nation is the distance between the ruin of anarchy and the promise of order.

“President Bola Ahmed Tinubu has been briefed and has already directed a swift and total mobilisation of our security architecture. The Federal Government will not tolerate any sanctuary for those who seek to displace our people or occupy an inch of Nigerian soil,” he said.

The Vice President assured that the perpetrators of these beastly crimes would face the full wrath of the law.

He continued: “We are not just fighting a war. We are defending the very soul of our humanity against those who preach a toxic rhetoric of hate, and we will not be cowed by their gory acts.

“Our hearts bleed for the families in and the brave soldiers who paid the supreme price in the line of duty. This administration will not rest until abducted citizens safely reunite with their families.”

VP Shettima commended the resilience of the people and government of Borno State under Governor Babagana Zulum and praised the gallantry of the troops on the frontlines.

“We remain one nation, tied to a common destiny. The sanctity of human life is non-negotiable. This madness will be brought to an end, not with empty words, but with the decisive and overwhelming force of the Nigerian State,” he further assured.

VP Shettima To Insurgents: We Will Not Be Cowed By Attempts To Undermine Our Collective Peace

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Two miners killed, five injured in clash at Zamfara mining site

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Two miners killed, five injured in clash at Zamfara mining site

By: Zagazola Makama

Two miners have been killed and five others injured following a clash at a mining site in Abare area of Bukkuyum Local Government Area of Zamfara.

Police sources said the incident occurred on March 5 at about 8:30 a.m. at a mining site in the community.

The sources said the crisis was triggered when a member of an outlawed vigilance group, locally known as Yan Sakai, allegedly stormed the site and attempted to enforce observance of the ongoing Ramadan fast among Muslim miners.

According to the sources, the suspect, identified simply as Kaura, allegedly arrested some of the miners, accusing them of refusing to observe the fasting period.

He was also said to have imposed compulsory levies on those arrested.

The action was reportedly resisted by some miners who objected to the arrest and the alleged illegal levies.

The suspect was said to have retreated from the site following the resistance but later returned with other members of the outlawed group and attempted to effect further arrests.

This led to a confrontation between the two groups, resulting in panic and tension across the mining site.

During the clash, two miners were killed while five others sustained injuries.

Security forces were immediately deployed to the scene after receiving the report.

The injured victims were taken for medical treatment, while investigations have commenced to identify and apprehend those responsible.

No arrest had been made as of the time of filing the report.

Two miners killed, five injured in clash at Zamfara mining site

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Army troops neutralise 45 bandits in Katsina, including top bandit leader Kachallah Alti

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Army troops neutralise 45 bandits in Katsina, including top bandit leader Kachallah Alti

By: Zagazola Makama

Troops of the Nigerian Army have neutralised 45 suspected bandits during a fierce encounter in Danmusa Local Government Area of Katsina State.

Security sources said the operation followed credible intelligence on the movement of bandits suspected to be operating across parts of Katsina and neighbouring Zamfara.

Among those killed during the operation were two top bandit leaders identified as Alti, said to be a nephew and second-in-command to notorious bandit kingpin Adamu Alieru, and another commander known as Damale.

The sources said the confrontation occurred after bandits riding on motorcycles and armed with sophisticated weapons attacked Alhazawa village in Musawa Local Government Area on March 5, rustling cattle from residents.

Community members and some repentant bandits in the area reportedly resisted the attack, killing four of the bandits and recovering the stolen cattle, which were returned to their owners.

However, the bandits were said to have regrouped and returned in larger numbers on March 6, allegedly to launch a reprisal attack.

While moving toward Musawa through Maidabino A Ward, the bandits encountered troops deployed at the Forward Operating Base (FOB) in Dan Ali, Danmusa LGA.

This led to a fierce gun battle during which troops overpowered the criminals and neutralised 45 of them.

However, the operation recorded casualties on the side of the military as three soldiers were killed during the encounter.

Further checks indicated that Alti had recently assumed a more active operational role within the bandit network after the death of his brother, Kachalla Dan Isihu, who was previously killed by security forces during counter-banditry operations.

Alti was said to have coordinated several violent attacks across communities, particularly along the Danjibga axis in Tsafe Local Government Area of Zamfara.

Security sources said troops had intensified operations in the area to track down other fleeing bandits and dismantle their networks.

Army troops neutralise 45 bandits in Katsina, including top bandit leader Kachallah Alti

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