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adebayo sanni, country managing director, Oracle Nigeria
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There is little doubt that utilities today face a major challenge in maintaining sustained access to energy and in safeguarding its long-term delivery to consumers.

It is also indisputable that Nigeria needs to improve on its installed electricity generation capacity.

In light of this inescapable reality, it is encouraging to see that the Federal Government has a definite roadmap that will help it achieve its aggressive target of 40,000MW-installed capacity by 2020

The challenges also provide us with great opportunities of leapfrogging obsolete technologies and leveraging on smart and modern technologies on our way to achieving energy security.

Such technologies could very successfully be adapted to drive progress across the entire country.

The Nigerian Utility sector is at a point where the need to roll-out smart meters is inevitable in other for each distributing and generating operators within the country to capitalize on the full revenue potential

Transmission, Generating & Distribution operators (TGDO), whose responsibility is to ensure the safe, secure, reliable flow of power to consumers, will face many challenges as the grid gets linked to a growing number of private and localized energy networks.

To overcome these difficulties and successfully manage the integration of new technologies onto the grid, energy retailers will rely on smart grid technology, and on the network management systems that will allow them to balance demand and supply more effectively.

An Intelligent Grid

As dynamic, intricately connected webs, utility networks present unique engineering and safety challenges that make them particularly complex to manage.

To facilitate the move towards localised power generation and help support the accelerating adoption of renewable energy sources, power operators will need to adapt their network infrastructure and IT resources to keep networks running smoothly even as new energy sources are added to them.

For energy utilities, the key to modernizing their network management systems lies in the data they will collect and analyse from the smart grid.

This will include not only consolidating the vast amount of information that next generation grids will provide them, but also quickly converting this into valuable network insight.

With the heightened awareness of network behaviour they will gain with the smart grid, operators can then take a more proactive approach to managing energy flow and deliver a more stable and reliable service to their customers.

Applied to localised power generation sites, this means that the grid can provide utilities with data-driven insight into network behaviour that will allow them to accommodate flow disruptions caused once these new energy sources are added to the grid.

To add to this, data analytics tools can help energy retailers optimise distribution to keep wastage to an absolute minimum.

Putting Data To Good Use

As the smart grid roll out takes form, utilities will begin collecting and analysing information from a growing number of data points to better understand how voltage is being distributed throughout their networks.

Modern network management systems can help utilities make the most of the information they collect from charging stations by allowing them to automatically adapt demand response to network conditions in near real-time.

With the ability to automatically balance power supply and demand in the grid, utilities will be able to tailor their energy distribution strategy to match real-world network behaviour, and open the door to new levels of power efficiency Nigeria badly needs.

Once they can redirect flow as required in this way, energy retailers can drastically reduce the risk of localised overloading or outages.

This level of control will help utilities avoid overburdening transformers to the point of failure, and preclude the significant damage to network assets that these malfunctions can cause.

Ultimately, network management systems will allow energy utilities to unite complex processes across the grid to optimise load distribution, which will in turn help them accommodate the addition of major new energy sources such as localised generation centres and renewables.

These solutions can also provide utilities with continuous updates on the status of their network assets, and therefore give them a valuable head-start on crucial maintenance and repair works.

Making A Meaningful Change

An intelligent energy management strategy will be vital for our Distributing and Generating operators as they work to achieve this.

The data analytics tools and cutting-edge IT applications that support their smart grid operations will help them make sure technologies integrate seamlessly with the national power infrastructure and provide the public with a meaningful and reliable energy supply.

adebayo sanni, country managing director, Oracle Nigeria

 


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E-Business

FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

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Federal government has inaugurated the Electronic Pharmacy Regulation Platform (E-Pharmacy) to enhance the safety of online healthcare services.

FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

Pic credit….healthreporters.info

The platform, championed by the Pharmacy Council of Nigeria (PCN), is designed to regulate digital pharmaceutical services and improve public health outcomes.

Inaugurating the platform, Prof. Ali Pate, coordinating minister of Health and Social Welfare, said the initiative signified Nigeria’s commitment to building a world-class regulatory environment.

Pate noted that pharmacy regulation had faced significant challenges for over three decades but expressed optimism that the new platform would strengthen oversight and accountability.

He said the initiative would enable evidence-based monitoring of pharmaceutical practices while supporting innovation and investment in the health sector.

“This launch is a testament to our collective commitment to advancing technology in the service of health, safety and human dignity.

“It is a decisive step to ensure that pharmaceutical practice in Nigeria aligns with national and global health priorities, reflecting the realities of the 21st century.

“It enables the country to adopt evidence-based approaches to monitoring and protecting public health while supporting innovation and investment,” he said.

The minister added that the platform would help establish a safe, accessible and well-regulated national e-pharmacy ecosystem driven by digital technology.

Earlier, Alhaji Ibrahim Ahmed, registrar/chief executive officer of PCN, said the need to regulate online pharmacy operations became more urgent during the COVID-19 pandemic.

Ahmed said the pandemic accelerated the adoption of digital tools and e-commerce in healthcare, exposing longstanding inefficiencies in pharmaceutical supply chains, particularly in Africa and Nigeria.

“This has led to the increasing adoption of digitised distribution of essential medicines through cost-effective and technology-enabled models.

“For decades, PCN has regulated pharmacy education, training, practice and business in Nigeria. However, as the world shifts towards digital solutions, access to medicines has evolved.

“The Electronic Pharmacy Regulations 2026 provide a comprehensive legal and technical framework for the registration, licensing, operation and oversight of digital pharmaceutical services,” he said.

He added that the framework would ensure that ethical standards and patient safety are not compromised in the delivery of online pharmaceutical services.


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Flutterwave Targets Anambra as South-East Tech Hub

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Olugbenga Agboola, CEO, Flutterwave, has announced plans to establish Anambra State as the company’s hub for Nigeria’s South East, leveraging a fresh banking license from the Central Bank of Nigeria (CBN) to boost local fintech and businesses.

Flutterwave Targets Anambra as South-East Tech Hub

Flutterwave

Agboola made the disclosure yesterday in Awka during a meeting with Anambra tech community leaders, hosted alongside Dr. Stanley Uzochukwu, CEO, Stanel Group and proprietor, Delborough Hotel.

He highlighted Flutterwave’s status as Africa’s leading payment system, born in Nigeria, with infrastructure powering companies nationwide.

“We want Anambra to be our hub for the entire South East,” Agboola said. “We’ll deploy our systems, fees, infrastructure, and POS terminals to every small business and large firm here, making our services the top consumer choice.”

Agboola pledged a massive impact program for Anambra entrepreneurs to foster global platforms from the state, enabled by the new license for faster growth.

For a decade, Flutterwave has facilitated payments, but now aims to empower South East businesses through partnerships, POS access, loans, and value for SMEs.

“We’re partnering on a huge impact program launching soon—impacting the tech community with technology, financing, and lending to create more millionaires from this city,” he added.


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NESREA, ACMTI, Others Launch Carbon Utilisation Initiative in Nigeria

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The National Environmental Standards and Regulations Enforcement Agency (NESREA), in collaboration with the Africa Carbon Management Technology & Innovation (ACMTI) and the Clean Energy Ministerial Carbon Capture, Utilisation and Storage Initiative (CEM-CCUS), has launched a Carbon Capture, Utilisation and Storage (CCUS) Initiative Platform in Nigeria.

Speaking at the launch in Port Harcourt, Rivers State, Prof. Innocent Barikor, the Director-General of NESREA, described the project as a major milestone in Nigeria’s journey toward environmental sustainability, climate resilience, and industrial transformation.

Barikor explained that the CCUS solution provides an economically viable pathway for industrial decarbonisation by enabling the capture, storage, and utilisation of carbon in sectors such as beverage production, cement manufacturing, chemicals and fuels, enhanced oil recovery, and agriculture.

“We need to reduce carbon in the atmosphere to acceptable levels. Its utilisation offers opportunities to capture and store carbon and deploy it for industrial purposes. We are building a circular economy—turning environmental challenges into economic opportunities in line with regulatory provisions,” he said.

He noted that the CCUS Platform is a collaborative ecosystem designed to bring together key stakeholders, including government institutions, industry leaders, academia, technology developers, development partners, and investors.

Also speaking, the Vice-Chancellor of the University of Port Harcourt, Prof. Owunari Georgewill, commended NESREA for the initiative, describing it as a practical mechanism for coordination, innovation, and action toward Nigeria’s 2035 climate targets and broader energy transition goals.

He added that the university is well-positioned to host the CCUS initiative, noting that its Energy Technology Institute has developed credible expertise in energy transition-related fields critical to the success of CCUS in Nigeria.

On his part, the Coordinator of ACMTI and Facilitator of the Carbon Technology Innovation Platform (CTIP), Dr. Richard Victor Osu, said the vision is to position Nigeria as a regional leader in carbon management technologies while contributing meaningfully to Africa’s climate commitments and global decarbonisation efforts.

Osu explained that Port Harcourt was selected due to its potential as a CCUS hub, adding that the platform will focus on advancing research and innovation, building technical capacity, promoting public-private partnerships, attracting investment, and fostering collaboration with international research and technology partners.

Juho Lipponen of the CEM-CCUS Initiative assured that the organisation would support Nigeria in prioritising CCUS in clean energy discussions, strengthening carbon management deployment programmes, boosting partnerships, facilitating financing solutions, and promoting positive narratives around carbon utilisation.

The event attracted participants from the United States, France, Brazil, Canada, the United Arab Emirates, and the United Kingdom, who shared insights on the initiative.

Also in attendance were representatives of the National Oil Spill Detection and Response Agency (NOSDRA), the National Council on Climate Change (NCCC), the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), the Rivers State Ministry of Environment, as well as private sector stakeholders and development partners.


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