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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
Troops Arrest Suspected Military Impostor in Katsina
By Zagazola Makama
Troops of 17 Brigade have arrested a suspected military impostor during a fighting patrol in Malumfashi Local Government Area.
Security sources told Zagazola Makama that the suspect was apprehended at about 1:30 p.m. on July 4 by troops deployed at the Forward Operating Base (FOB) Malumfashi while conducting routine patrols within Malumfashi town.
According to the sources, the suspect was intercepted while wearing a woodland camouflage three-quarter short, raising suspicion among the troops.
A search conducted on the suspect led to the recovery of a fake Nigerian Army identity card, four Automated Teller Machine (ATM) cards, one woodland camouflage three-quarter short, a wristwatch and the sum of ₦17,000.
The suspect and the recovered exhibits are currently in military custody pending further investigation.
Military sources said the arrest forms part of ongoing efforts to curb impersonation of security personnel and other criminal activities within the area.
Troops Arrest Suspected Military Impostor in Katsina
Troops Recover 50 Rustled Cattle, Repel Suspected Rustlers in Kaduna
By Zagazola Makama
Troops deployed at the Forward Operating Base (FOB) Kankomi have recovered 50 rustled cattle after repelling suspected cattle rustlers during an ambush operation in Chikun Local Government Area.
Security sources told Zagazola Makama that the troops responded to a distress call at about 9:55 a.m. on July 4 over the activities of suspected rustlers at Ungwan Gontu community.
According to the sources, the troops swiftly laid an ambush and made contact with the fleeing suspects, forcing them to abandon the stolen livestock and escape into the surrounding area.
During the operation, the troops recovered 50 rustled cattle, which were subsequently identified and handed over to their rightful owner.
Military sources said efforts are ongoing to track down the fleeing suspects as security operations continue to combat cattle rustling and other criminal activities across Kaduna State.
Troops Recover 50 Rustled Cattle, Repel Suspected Rustlers in Kaduna
Troops Arrest Suspected Terrorist in Kogi, Suspect Confesses to Group Membership
By Zagazola Makama
Troops of 12 Brigade, in collaboration with Office of the National Security Adviser (ONSA) Hybrid Forces, have arrested a suspected terrorist during an operation in Lokoja Local Government Area.
Security sources told Zagazola Makama that the troops responded at about 1:00 p.m. on July 4 to reports of a confrontation between local residents and a suspected terrorist at a Ruga settlement behind Obajana community.
According to the sources, the troops swiftly intervened and arrested one suspect at the scene.
During preliminary interrogation, the suspect reportedly confessed to being a member of a terrorist group led by an individual identified as Haruna, which allegedly operates within the Okene general area.
The suspect is currently in military custody and is undergoing further investigation to establish the extent of his involvement and identify other members of the group.
Military sources said the arrest forms part of ongoing security operations aimed at dismantling terrorist and criminal networks across Kogi State.
Troops Arrest Suspected Terrorist in Kogi, Suspect Confesses to Group Membership
Troops Arrest Suspected Military Impostor in Katsina
Troops Recover 50 Rustled Cattle, Repel Suspected Rustlers in Kaduna
Troops Arrest Suspected Terrorist in Kogi, Suspect Confesses to Group Membership
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