News
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
Bandits kill seven, abduct three in Sabon Birni border attack in Sokoto
By: Zagazola Makama
At least seven persons were killed and three others abducted when armed bandits attacked Kyara village, a remote border community in Sabon Birni Local Government Area of Sokoto State, in the early hours of Thursday.
Sources said the attack occurred at about 4:00 a.m. in the village, which lies close to the Niger Republic border and has no mobile phone network coverage.
The bandits, who were said to be in large numbers and armed with sophisticated weapons, stormed the community, shooting sporadically and causing panic among residents.
During the attack, seven persons were shot dead, while two others sustained gunshot injuries. Three villagers were also kidnapped, and an unspecified number of domestic animals were rustled.
Joint security forces were immediately deployed to the area after the incident was reported. On arrival, they evacuated the corpses and the injured victims to a hospital for autopsy and medical treatment.
Troops have since launched a manhunt for the attackers with a view to rescuing the abducted victims, recovering the rustled livestock and arresting those responsible.
Confidence-building patrols are currently ongoing in and around Kyara village to reassure residents and prevent further attacks.
Bandits kill seven, abduct three in Sabon Birni border attack in Sokoto
Five injured in suspected IED blast on Bukuyum road in Zamfara
By: Zagazola Makama
Five persons have been seriously injured following a suspected improvised explosive device (IED) explosion along the Takalafiya–Gadar Zaima Road in Bukkuyum Local Government Area (LGA) of Zamfara State.
Sources said the incident occurred at about 11:30 a.m. on Thursday when a motorcycle conveying five passengers ran into an explosive device believed to have been planted by armed bandits targeting security patrols in the area.
The device detonated on contact, causing a loud explosion that severely damaged the motorcycle and left all five occupants with serious injuries.
Following the incident, security operatives immediately closed the road to traffic and advised residents to stay away from the area pending a thorough safety assessment.
The injured victims were evacuated to the General Hospital, Gummi, where they are currently receiving medical treatment.
Movement along the Takalafiya–Gadar Zaima axis remains restricted as security agencies continue to monitor the situation and clear the area of any further threats.
Five injured in suspected IED blast on Bukuyum road in Zamfara
Three killed in fatal road accident at gaggaba village in Borno
By: Zagazola Makama
At least three persons were killed in a fatal motor vehicle accident at Gaggaba Village, Fune Local Government Area of Borno State, early Wednesday morning.
Sources said the accident occurred around 1:20 a.m. when a Daf trailer with registration number DAL 964 YY, driven by Mal. Abubakar, 35, of Maiduguri, traveling from Lagos to Maiduguri, was involved in a collision with a Mitsubishi Canter truck, registration XA 437 NNR, driven by Salisu Ibrahim of Dirra Village, Fune LGA.
The Canter reportedly veered at full speed from its lane and rammed into the Daf trailer, causing the trailer driver and two passengers to fall unconscious. They were immediately rushed to General Hospital Damagum, where the driver and two passengers were pronounced dead by medical personnel.
Three killed in fatal road accident at gaggaba village in Borno
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