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NNPC Investing in Renewable Energy
Dr. Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), said on Wednesday that the company is investing in renewable energy to accelerate Nigeria’s industrial development.
Baru said at the ongoing 39th Kaduna International Trade Fair that the NNPC had set up Renewable Energy Division not only to develop solar and other renewable energy sources, but also develop bio-fuels from agricultural produce.
According to him, the multiplayer effects of such ventures include reviving the agricultural sector and generating huge employment.
“It will also contribute significantly to power generation, producing high volume of animal feed, starch and other by-products.
“Not only that, the bio-fuel will be blended to our refineries petroleum products, which will significantly reduce imports of petroleum products into the country.”
The NNPC boss said that decades ago, mining, agriculture and commerce sustained the economy of each region of the country before oil was discovered in the 70s.
He stressed that the feat achieved in the past, can be replicated if the nation re-channel the productive sector through holistic policy actions toward rebuilding infrastructure.
“Key infrastructure sector that needs to be tackled include electricity, transport, information and communication, roads, water and sanitation and rehabilitation of existing oil and gas pipelines facilities.
“It is my sincere belief that revitalising these critical infrastructure will promote efficiency in commerce, industry and agriculture.
“This will enable the nation’s entrepreneurs compete favourably with their peers across the globe,” Baru said.
He commended the Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) for attracting discussions on opportunities for sustaining industrial growth, boosting commerce and agriculture for international competitiveness.
Also speaking, KADCCIMA President, Dr Muheeba Dankaka, thanked the NNPC for the years of partnership toward building a robust private sector.
Dankaka said that the Organised Private Sector was ready to partner with government agencies in building sustainable industrial sector through the exploitation of agriculture and the productive sector in general.
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Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria
Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.
Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,
This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.
While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.
Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.
It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.
Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.
Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.
News
As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply
While 85 per cent of Nigeria is in darkness, Tanzania, an African country has shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid.
Kassim Majaliwa, prime minister, Tanzania, has said the main plant, Mwalimu Nyerere Hydroelectric Station, alone generated enough electricity to power major cities, including Dar es Salaam, the country’s commercial hub.
It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production.
“We have turned off all these stations because the demand is low and the electricity production is too much, we have no allocation now,” an official from state-run power company, Tanesco, said.
The 2,115MW Julius Nyerere Hydropower Dam is said to be almost filled with water following heavy rains that started early this year.
Meanwhile, while the country has an installed capacity of 1,938MW and the grid installed capacity of 1,899MW, Nigeria which has an installed capacity of 13,000MW is struggling to electrify 85 per cent of its electricity consumers.
News
President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman
President Bola Tinubu has approved the appointment of Jim Ovia, renowned banker and businessman, as the Chairman, Board of the Nigerian Education Loan Fund.
Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by Ajuri Ngelale, special adviser to the President, Media & Publicity.
The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.
“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”
The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.
The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.
“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.
Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”
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