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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
Boko Haram Terrorists Ambush Vigilantes in Borno, One Killed
By: Zagazola Makama
Suspected Boko Haram terrorists have ambushed members of a vigilante group on routine patrol along the Warave–Gwoza Road in Gwoza Local Government Area of Borno State, killing one member.
Sources said the attack occurred at about 7:30 a.m. on Tuesday when the gunmen opened fire on members of the Civilian Joint Task Force (CJTF) and local hunters conducting patrol in the area.
A member of the CJTF in Warave, Bello Adamu, 50, sustained fatal injuries during the ambush. He was evacuated to the General Hospital in Gwoza, where he was certified dead on arrival. His remains were later released to his family for burial in accordance with Islamic rites.
Troops of Operation HADIN KAI were deployed to the scene following the incident, while monitoring and patrols have been intensified along the axis to prevent further attacks.
Boko Haram Terrorists Ambush Vigilantes in Borno, One Killed
Troops Neutralise Four Terrorists in Offensive Operation in Borno
By: Zagazola Makama
Troops of Sector 1, Operation HADIN KAI in conjunction with members of the Civilian Joint Task Force (CJTF), have neutralised Four suspected Boko Haram terrorists during an offensive operation in Shehuri area of Konduga Local Government Area of Borno State.
Sources told Zagazola that the operation, conducted at about 9:15 a.m. on Feb. 25 under Operation Desert Sanity IV, led to the interception and engagement of the terrorists.
Following the encounter, troops carried out exploitation of the area, during which four insurgents were neutralised.
Items recovered from the scene included AKSM automatic rifle and pump-action rifle with cartridges and magazines.
Sources added that troops’ morale and fighting efficiency remain high as clearance operations continue across parts of the state.
Troops Neutralise Four Terrorists in Offensive Operation in Borno
Lakurawa Terrorists on revenge Mission Kill Four Worshippers in Kebbi Mosque, Five Injured
By: Zagazola Makama
Suspected Lakurawa terrorists on a revenge mission have attacked Dadinkowa village in Maiyama Local Government Area of Kebbi State, killing four worshippers and injuring five others after storming a mosque.
Sources said the attackers invaded the community and opened fire on worshippers, leaving four persons dead and five others with varying degrees of injuries. The injured victims were rushed to a medical facility for treatment.
The latest attack is believed to be a reprisal following a failed ambush on the convoy of the General Officer Commanding (GOC) 8 Division, Maj.-Gen. Bemgha Koughna, during an operational tour in the state.
On Wednesday, troops of Operation Fansan Yamma reportedly foiled the ambush near Mayama Hill, neutralising five suspected terrorists. Weapons and other items recovered during the operation included one OJC gun, one PKT gun, two AK-47 rifles, four AK-47 magazines, a bandolier of PKT ammunition, several rounds of 12.7mm ammunition, a camel bag containing N840,000, two mobile phones and five motorcycles.
Security sources said the terrorists were suspected to have launched the mosque attack in retaliation for the heavy losses recorded during the failed ambush.
Operation FANSAN YANMA have assured that efforts were ongoing to track down those responsible for the latest assault.
Lakurawa Terrorists on revenge Mission Kill Four Worshippers in Kebbi Mosque, Five Injured
Boko Haram Terrorists Ambush Vigilantes in Borno, One Killed
Troops Neutralise Four Terrorists in Offensive Operation in Borno
Lakurawa Terrorists on revenge Mission Kill Four Worshippers in Kebbi Mosque, Five Injured
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