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Seplat Committed To Affordable Energy Transition, Says CEO

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  • Seplat Energy’s ANOH, Sapele gas projects to fuel another 2000MW of electricity by 2024

Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, says its commitment to a just and affordable energy transition is unwavering.

The energy company maintains that its ANOH and upgraded Sapele gas projects could fuel another 2000 megawatts of electricity by 2024, thus displacing the wide use of diesel/petrol generators for electricity as well as the use of biomass as cooking fuel.

The Chief Executive Officer of Seplat Energy Plc, MMrRoger Brown said this during his Keynote at the opening ceremony of the 40th Annual International Conference & Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE) held in Lagos on Tuesday, themed: Global Energy Transition and the Future of the Oil and Gas Industry: Evolving Regulations, Emerging Concepts and Opportunities.

MMrBrown said for Seplat Energy, “Using gas to provide more affordable and reliable energy will boost Nigeria’s economy; drive development; create jobs and prosperity; reduce emissions from diesel usage; support future renewable deployment, and enable a just and affordable energy transition.”

Seplat Energy currently operates 300MMscfd, which is enough to power more than 1GW per day; and strongly believes that the country needs to utilise gas to displace 20GW diesel/petrol generators, as well as the use of biomass as cooking fuel. Beyond displacement, however, Seplat Energy believes that increased gas production and penetration in Nigeria presents a huge opportunity for the Nigerian state and people.

MMrBrown said: “The global quest to reach net zero emissions means energy companies must start to shift away from heavy reliance on fossil fuels and invest in lower carbon alternatives. Banks are also facing pressure to cut back on fossil fuel investments and have started to pull back from financing the industry

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“Global demand for fossil fuels is forecast to decline significantly in the long term but they will still be relevant in meeting the energy demand, particularly with a growing world population expected to reach 10bn by 2050+. The importance of gas as a transition fuel (main baseload for electricity generation) in energy-deprived countries like Nigeria ensures demand remains substantial.

“However, to gain access to the capital needed to develop energy, commitments to and most importantly delivery of renewable energy will be essential.”

The Seplat Energy boss told the conference attendants that it was encouraging that a “Just and Affordable Energy Transition” is now on the agenda at COP 27 as energy transition is about balancing realities. “This is a welcome development,” he said, adding that: “Currently, most Nigerians lack access to affordable, reliable energy, which hampers development.

“Poor infrastructure cum, theft of national resources; over-reliance on oil exports and imports of refined products; global decarbonisation imbalance with development; and extreme flooding, amongst others, are some of the challenges to be considered.”

Speaking on the need for collaboration given today’s realities, MMrBrown maintained that: “Global warming is real and as an industry operating in Nigeria, we need to do our share of addressing the issue (therefore we need to transition to a lower carbon future). However, today we are faced with some of the highest electricity prices in the world brought about by an overreliance on oil-generated electricity, through off-grid mini generators (petrol and diesel) estimated to be almost 15 million in number.

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“High electricity prices result in a barrier to the development of essential social needs in healthcare, education, food security and employment for a population set to double in the next three decades. It is critical therefore to balance global warming mitigation with access to affordable and reliable energy for all. We must make our oil sector efficient and less carbon-intensive as well developing our huge gas resources as a short to the medium-term objective. The oil sector’s“cash cow” revenues need to fund this transition.”

With a functioning grid system as we see elsewhere in the world, the Seplat CEO said: “We can then develop larger scale solar, hydro and potentially wind power to reduce GHG intensity. This will enable Nigeria to increase access to energy for all and move from just over 50 per cent of the population with access to electricity, towards the world average of around 90 per cent.”

The ceremony had in attendance industry regulators, players, service companies, financial institutions, analysts and media, among other energy stakeholders in Nigeria and overseas.

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Group Calls For Protection Of Journalists In Bayelsa, Imo, Kogi States

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The Media Rights Agenda (MRA) has urged for necessary measures to protect journalists and other media workers during this weekend’s off-cycle elections in Bayelsa, Imo, and Kogi States.

The group sent the request to the federal and state governments, as well as law enforcement and security agencies, stressing that the role of journalists in disseminating information about the electoral process is critical to ensuring free, fair, and transparent elections.

In a statement issued ahead of the elections in Lagos and signed by the Communications Officer, Media Rights Agenda, Idowu Adewale, MRA also urged journalists to be cautious and to use its existing hotline (08138755660) to report any threat or attack they may encounter during the process, as well as any obstacle.

Adewale said in the statement: “Given the pattern of heightened attacks on journalists and the media during previous elections, including the recent 2023 general elections, as well as the tense political climate in the three states in the lead-up to the elections, measures must be taken to ensure general security during the elections and provide adequate protection for journalists covering the elections.”

“Access to information allows citizens and other members of the public to have the information they need about political and electoral processes, facilitating effective public participation in elections,” he says.

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“Journalists and the media play an important role in ensuring residents and other members of the public have access to information and may participate in the process.

“As part of efforts to preserve the integrity of the polls, it is also critical that the safety and well-being of these interlocutors be assured and safeguarded.”

Lamenting the increased number of attacks on journalists in the run-up to the off-cycle elections, as well as earlier this year in the run-up to the general elections, he emphasised that “a free and vibrant media is fundamental to a healthy democracy, and journalists must be able to carry out their duties without fear, coercion, or violence.” During this vital phase, MRA stands ready to assist them and assure their safety.”

 

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Police Nab Husband, As Mother Of ‘Mummy Be Calming Down’ Boy Takes Own Life

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Men from the Edo State Police Command are said to have detained Mrs. Toluige Olokoobi’s husband after he allegedly murdered her.

Olokoobi was the mother of Oreofeoluwa Lawal-Babalola, the tiny boy whose video went viral in 2020 after he pleaded with his mother, “Mummy be calming down.”

Oreofeoluwa rose to prominence on social media after a video of him crying in an attempt to confidently appeal to his mother, who chastised him, went viral.

The film inspired Lagos State Governor Babajide Sanwo-Olu, who used it to deliver an Eid-el-Kabir appeal to Muslims and Lagos people in general to remain calm during the COVID-19 outbreak.

Following that, the youngster and his family met with the governor, who praised his bravery and poise.

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While little has been heard about the family in three years, heartbreaking news broke on social media on Tuesday that the boy’s mother had committed suicide.

According to an X user, Olokoobi committed suicide in Benin, the capital of Edo State, for unknown reasons.

The X user, who stated that he was present at the site on Monday afternoon, went on to say that she had refused to disclose her difficulties with anyone before committing herself.

“The woman in the viral Mummy Calm Down video has just committed suicide here in Benin,” he stated in an email.

“She refused to discuss her problems with anyone.” She abandoned three children for her husband, including the well-known Mummy Calm Down boy.”

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Meanwhile, confirming Olokoobi’s death in a chat with BBC Pidgin, the spokesperson of the Edo State police command, Chidi Nwabuzor, said her husband has been arrested and detained for questioning.

Nwabuzor said the husband reported the matter to the police.

The police spokesperson quoted the husband to have said that “he came home from the market when he saw his wife hanging with rope on her neck”.

Nwabuzor said she was rushed to the hospital and then to the mortuary after she was confirmed dead. (Adapted from a Vanguard report).

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Anambra: CP Aderemi Adeoye Decorates Promoted Officers With New Ranks

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The Anambra State Police Command Headquarters Conference Hall was a hive of activity Thursday as CP Aderemi Adeoye took turns decorating around 18 promoted officers of the command with their new titles.

The delight of some of the officers whose wives assisted the CP in decorating their husbands with their new ranks knew no bounds, as their husbands duly saluted their wives and the CP for their new positions and responsibilities.

Obi Innocent, one of the officers elevated to the rank of Chief Superintendent of Police (CSP), whose wife joined CP Aderemi Adeoye in adorning him with his new rank, said it was wonderful that the Inspector General of Police thought him worthy.

CSP Obi Innocent, the officer in charge of the Legal Department at Zone 13, Police Zonal Headquarters Ukpo, stated that his new rank was a call to service and that he would do his best to uphold the charge given to them by CP Aderemi Adeoye to respect and protect the citizenry’s fundamental rights in the discharge of their new assignments.

Charity Akharame, who was honoured with the rank of Deputy Superintendent of Police (DSP) and was the only female officer among the 18 promoted officers decorated with new ranks, said it was not an easy feat but she was grateful to be among those who were decorated with their new ranks.

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DSP Charity Akharame, the officer in charge of stores in the Anambra State Police Command, recalled how she began as a Police Constable and worked her way up to her current position as Deputy Superintendent of Police.

She stated that as a very disciplined police officer, she would follow the Police Commissioner’s directions regarding respect for all and sundry in the fulfillment of her constitutional obligations.

Jane-Frances Obi, one of the spouses of the officers elevated to the level of CSP, stated that being the wife of a police officer was not an easy assignment. As a result, she recommended any lady who is married to a police officer to be patient and understanding because the job is quite demanding.

Jane-Frances Obi, whose husband is Innocent Obi, the officer in charge of the Legal Department at Zone 13 Ukpo, believes the promotion is a reward for years of being patient, understanding, and standing in for them when they are not present.

Meanwhile, Emenike Chinenyenwa, who was decorated with the rank of Assistant Commissioner of Police (ACP) and presented a vote of appreciation, expressed deep gratitude to the IGP and the Chairman of the Police Service Commission for considering them worthy of being adorned in their new ranks.

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ACP Emenike, the officer in charge of Medicals, stated that the elevation comes with increased responsibility and that they will work harder in their new tasks.

CP Aderemi Adeoye praised the current promotion winners in his remarks, noting that two aspects make the police career very interesting and eventful. He stated that one is for promotion and the other is for positions.

CP Adeoye, on the other hand, urged the newly honored officers to develop more empathy, compassion, care, and dedication in the performance of their jobs.

The police chief insisted that newly promoted officers must first recognise that they share the same humanity as others, and as a result, they must treat all people with dignity and protect their fundamental human rights at all times.

CP Aderemi Adeoye stressed that without the enormous roles of spouses, they wouldn’t have been successful in their careers. He therefore congratulated all the promoted and prayed that God gives them good health to enjoy the new ranks and the energy to discharge the responsibilities of their new offices.

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  • Source: Independent

 

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