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Indonesia, China begin feasibility study on $560m coal-to-methanol plant

Coal-to-methanol plant

Indonesia and China have signed a memorandum of understanding (MoU) to conduct a feasibility study of a $560 million coal-to-methanol plant. Coal-to-methanol plant Indonesia’s Industry Minister, Agus Gumiwang Kartasasmita, said in a statement on Wednesday, October 20, 2021. The MOU was signed on Oct.18, by the Industry Minister and representatives from PT Powerindo Cipta Energy and China National Chemical Engineering ...

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States urged to adopt infrastructure maintenance policy

Babatunde-Fashola

The Federal Government has urged state governments to adopt “Infrastructure Maintenance Policy’’ to stimulate the economy of their states. Minister of Works and Housing, Babatunde Raji Fashola (SAN) Minister of Works and Housing, Mr Babatunde Fashola, made the call at the 27th meeting of the “National Council on Works” on Thursday, September 23, 2021 in Bauchi. “All that we need to ...

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AfDB to spend $1m on modernising Africa’s aging hydropower stations

Akinwunmi Adesina

The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank (AfDB) has approved $1 million grant for the modernisation of Africa’s aging hydropower fleet. AfDB president, Akinwunmi Adesina According to a statement from the AfDB, the modernisation of hydropower stations is an opportunity to increase generation capacity at low-cost, and with relatively short lead-times and minimal environmental impact. ...

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Govt unveils N250bn intervention facility to boost gas value chain

Timipre Sylva

The Federal Government says it has introduced a N250 billion intervention facility to stimulate finance and motivate investors in the gas value chain for sustainable business development in the country. Minister of State for Petroleum Resources, Chief Timipre Sylva Mr Bitrus Nabasu, the Permanent Secretary, Ministry of Petroleum Resources, disclosed this while briefing newsmen, on Sunday, August 8, 2021 in ...

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PIB will unlock opportunities for indigenous companies – Oando boss

Alex Irune

Chief Operating Officer, Oando Energy Resources, Dr Alex Irune, says the passage of the Petroleum Industry Bill (PIB) will unlock several partnership opportunities for indigenous oil and gas companies. Chief Operating Officer, Oando Energy Resources, Dr Alex Irune Irune made the assertion during a panel session at the ongoing Nigeria Oil and Gas (NOG) conference and exhibition on Wednesday, July ...

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DPR lists ways to fortify Nigeria’s oil and gas sector

Timipre Sylva

The Department of Petroleum Resources( DPR) has listed five ways to fortify the Nigerian oil and gas sector for economic stability and growth. Minister of State for Petroleum Resources, Chief Timipre Sylva Director and Chief Executive Officer of DPR, Mr Sarki Auwalu, made the suggestion while presenting a keynote address at the 20th Nigeria oil and gas conference, in Abuja ...

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TotalEnergies committed to Nigeria’s growth, invests $60bn

Patrick Pouyanné

Deputy Managing Director, Deep Water District, TotalEnergies, Mr Victor Bamidele, says the company has invested over $60 billion in exploration and other projects in Nigeria. Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies Bamidele made the disclosure in Abuja on Monday, July 5, 2021 at the Nigeria Oil and Gas (NOG) Conference, which will come to a close on Thursday, ...

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Nwakanma, Alale to address 2021 Nigeria DigitalSENSE Forum

Nnenna Nwakanma

The Chief Web Advocate at the World Wide Web Foundation, Nnenna Nwakanma, and the Managing Director of the Nigerian Communications Satellite, (NigComSAT), Dr. Abimbola Alale, have been lined-up to speak at the 2021 Nigeria DigitalSENSE Africa Forum on Internet Governance for Development (IG4D), billed for Thursday, June 10, in Lagos. Nnenna Nwakanma DigitalSENSE Africa Forum series is a project of ...

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Nutrition: MeCAM coordinator urges CSOs to optimise ICT tools

Remmy Nweke

The National Coordinator of the Media Centre Against Child Malnutrition (MeCAM Nigeria), Mr. Remmy Nweke, has urged civil society organisations (CSOs) to optimise the use of Information and Communication Technologies (ICT) tools in communicating nutrition in the country. Remmy Nweke Speaking at the first quarterly capacity building of the Lagos State chapter of the Civil Society on Scaling Up Nutrition ...

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Mining Nigeria through economic diversification

Muhammadu Buhari

Organised mining began in Nigeria in 1902, when the Mineral Survey of the Northern Protectorate was created by the British colonial government.  President Muhammadu Buhari A year later, the Mineral Survey of the Southern Protectorates was founded and by 1940s, Nigeria was a major producer of tin, columbite and coal.  The discovery of oil in 1956 affected the mineral extraction ...

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