03 Dec

Daily Watch – Nigeria to register unemployed people, Shiroro to add 300MW via solar power

A few days after reiterating that a campaign promise of N5000 monthly, will be paid to unemployed people, the National Directorate of Employment has announced said plans are in top gear to register all unemployed citizens across Nigeria. Acting Director General of the NDE, Kunle Obayan, said, “Actually some of them (projects) are brand new and they are coming up in 2016. We are going to tenaciously pursue the employment generation activities of NDE, and we are going to expand their scope.” The decision follows the uproar that greeted the seemingly slow pace of the All Progressives Congress (APC)-led government to fulfil its campaign promise of paying unemployed graduates N5,000 as a social security stipend.

President Muhammadu Buhari will arrive South Africa on Thursday to participate in the Forum on China/Africa Cooperation (FOCAC) which would hold in Johannesburg on December 4 and 5. At the forum, Buhari, will follow up his meeting with the Chinese Leader Xi Jinping which took place in New York in November. Issues to be discussed include the recommencement of stalled rail projects under new terms, particularly the Coastal Railway between Lagos and Calabar, and the completion of the Lagos-Kano railway, which has only been completed between Abuja and Kaduna. The President is also keen on the kick-off of the Mambila Power Station, which if completed, will add 3.05GW of power to the Nigerian grid.

Shiroro Hydroelectric Power Station plans to construct a 300 megawatt photovoltaic solar power plant on its existing plant’s premises.
The company’s Chief Technical Officer, Roland Lwiindi, said the new facility is an initiative of the new concessionaire, North-South Power Company. Lwiindi told the Post Privatisation Monitoring Team of the Bureau of Public Enterprises that visited the power station in Niger State that once approval was obtained from the necessary authorities, its first phase would come on stream in 2017. When completed the new facility would raise the electricity generation capacity to the 900MW. The plant is currently generating 50 percent of its installed 600MW capacity.

Petroleum product imports from offshore processing arrangements by the NNPC rose 12 per cent month on month to 852.1 million litres in October from 763.90 million litres in September following closure of the refineries. Oil marketers had stopped importing petrol because of unpaid billions in subsidy claims, making the NNPC the sole importer of the product. The NNPC, in its monthly financial and operations report for October 2015, said that while 645.6 million litres of petrol was imported, 206.4 million litres of kerosene was shipped in October through the OPA.