13022018 - 2019 Guber: Okorocha endorses son-in-law

Vanguard, TUESDAY, FEBRUARY 13, 2018— 23
VISIT: Director
of Petroleum
Resources, Mr.
Mordecai Ladan
(R) and the new
Managing
Director & Snr.
Vice President,
Addax Petroleum
Development
(Nig.) Ltd Mr.
Colin Klappa
during a courtesy
visit to DPR
headquarters,
Lagos
Electricity watch
/
Akwa Ibom Govt to build Qua Iboe Power plant
By Dennis Udoma
PLANS are underway for the
establishment of Qua Iboe
Power Plant, a new electricity
company by Akwa Ibom State
Government. The Qua Iboe Power
Plant project, which is to be cited
at Qua Iboe On-shore Terminal in
Ibeno Local Government Area of
the state would be operated under
Public Private Partnership
Agreement (PPA), with the
Nigerian National Petroleum
Corporation (NNPC) Joint
Venture, Dangote Group, Black-
Rhino, African Development
Bank, International Finance
Consortium (I FC) and the Islamic
Development Bank as financiers
of the project. Governor Udom
Emmanuel disclosed this, after a
meeting with the investors on the
new power plant project in Uyo at
the weekend.
He said the project when
completed, would create
employment and boost the
economy of the state in particular
and country at large maintaining
that, with the production of 400
million cubic of gas, the
industrialisation policy of his
administration shall witness a
major leap.
Earlier, the Chief Executive
Officer and founder of Black-
Rhino, Mr Brian Herlihy
Why workers are our major assets
– NIPCO MD
explained that the Qua Iboe Power
Plant project has a portfolio of more
than $1 billion in partnership with
Black-Rhino, Dangote Group and
NNPC. He added that the
company would build a 570
Megawatts Gas Power Plant using
a combined circle technology with
General Electric and world class
expertise to utilise onshore and
offshore gas for its operations to
enhance the growth of other
industries in the value chain.
Nigeria to save billions of Naira training
oil workers locally —OGTAN
C
APITAL flight plaguing the
country must be curtailed if
the oil industry domesticates
training of oil and gas workers,
Dr. Afe Mayowa, President of Oil
and Gas Trainers Association of
Nigeria (OGTAN), has said
Speaking ahead of the
forthcoming maiden edition of the
Nigeria Education Summit of the
association billed for April 16,
Mayowa emphasised the need to
deepen the domestication of
training as well as promotion of
research and development in the
oil sector. According to him,
OGTAN has the capacity to train
oil and gas workers to
THE Management of NIPCO Plc has explained why the
workforce of the downstream giant has remained the major
asset of the company since its inception in 2004.
Managing Director of the company, Mr. Sanjay Teotia who was
reflecting on the performance of the integrated downstream operator
at the company’s long service awards in Lagos said: “Your efforts
over the years have made the organisation remain a benchmark for
operators in the downstream sector of the nation’s oil and gas
industry. “
The MD who was flanked by the company’s Chief Retail Officer,
Harjeet Tuteja and Chief Operating Officer, Suresh Kumar also
pointed out that the organisation’s growing recognition and pedigree
in the hydrocarbon industry could be linked to the dedication of the
staff “as a crop of well-trained and motivated workforce.”
Mr. Sanjay who expressed delight on his maiden interface with
staff of the company upon his assumption of office as managing
director said the event is a component of the organisation’s employees’
recognition process and an opportunity to recognise the awardees
for their longevity and service to the company .
“Management is not oblivious of awardees’ meritorious
contributions, hence the pomp and pageantry that is associated with
the event, with a view to positively boost their morale and raise their
self-worth before all of us today,” he asserted.
Mr. Herlihy further added that the
Power Plant project would employ
more than 12,000 workers at the
construction level and 300 workers
during operations.
According to him, ‘‘this would have
a replicate effect on the indirect job
market’’ assuring that the company
would be alive to its corporate social
responsibilities and sued for more
cooperation from both the government
and people of the state.
international standards.
He explained that the focus of the
conference is to explore ways by
which the obvious gap between the
tertiary institutions and the oil
industry can be closed particularly
in the area of research and
development, thereby ensuring that
Nigerian university graduates are
employable after graduation.
“Today, research funds running
into millions of dollars set aside
annually by oil majors are splashed
on foreign institutions as our own
tertiary institutions are ill-prepared
for such tasks. Therefore, the planned
summit is bringing together major
stakeholders in the education sector
and the oil and gas to discuss their
experiences in order to chart a way
forward at resolving this obvious gap.
The one-day summit on
“Sustaining Nigerian Content
Development through Quality
Education and Training: Challenges
and Prospects” would be chaired by
a former Head of State, Dr Yakubu
Gowon, he said.
The theme of the conference,
"Sustaining Nigerian Content
through Quality Education and
Training: Challenges and Prospects,"
Afe said, would offer the association
a chance to diagnose real problems
before solutions can be offered.
"This is the only way the Nigerian
content development can be
sustained," he added. He also said
there is a need for a review of
curriculum to meet contemporary
needs, because the university
curriculum doesn't meet the practical
needs of the industry. The one day
conference will be chaired by former
Head of State, General Yakubu
Gowon, under whom the first
indigenisation law was signed in
1969.
Source: NCC Daily Operational Report
SSAEAC commends TCN on new
national peak load attainment
THE Senior Staff Association of Electricity and Allied Companies, TCN
Branch, has commended the efforts of the TCN on attaining new
national peak load for the country.
In a statement signed by the association’s branch Secretary, Mr. Yerima
Hassan, the association stated: “ We attained two new national peak loads of
5,155mw and 5,222.4mw on December 8th and 18th, 2017 respectively. The
previous national peak load was recorded on February 2, 2016 and it was
5,074mw.
“The establishment of Transmission,Rehabilitation and Expansion
Programme, TREP, was to improve the grid in terms of wheeling, stability,
and reliability. We appreciate the Kaduna 330kv SC line in the quad and the
building of several 330kv and 132kv substations at Bauchi, Daura, Jogana,
Sokoto, Argungu as we pray for more.
“We appreciate the successful achievement of Frequency control (achieved
49.50Hz and 50.50Hz, which was the first time in 20 years). This led WAPP
to set up committee for synchronisation of power from Nigeria and the rest
of West African countries. The plan devised by your management to further
stabilise the frequency at 50.75Hz to 50.25Hz in the near future ,is a welcome
development.
“The established TREP has attracted $1.5 billion from several
donors. TCN had never attracted more than $200 million in one
year in its history. TREP seeks to expand the grid to at least 2,000mw
in four years and will put N-1 capacity all over Nigeria.
“ Several transmission lines constraints that had lingered between
three to four years, had been resolved; these include Jebba-Kainji,
Asaba-Benin, Ajaokuta-Abuja, Egbin-Aja and turn-in turn-out for
the evacuation of Azura IPP.
The 2012-2014 and 2015 audit had been concluded and 2016
audit is about to be finalised. TCN had never submitted audited
financial statement since it was created in 2011.”