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    Nigeria Customs releases 98 power equipment containers abandoned at ports in 20 years

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        Iheanacho seeks funding support for local refineries

        Former Interior Minister Ihenacho, Senator Eshilokun, Nweke, Farinto, others to attend NNMJ Unity Conference

        Nigeria Customs releases 98 power equipment containers abandoned at ports in 20 years

        Nigeria Customs releases 98 power equipment containers abandoned at ports in 20 years

        Oyetola leads Nigerian delegation to IMO Council Session in London

        Oyetola leads Nigerian delegation to IMO Council Session in London

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        Red Cross certifies Maritime Journalist Roland Ekama for leadership role In Lagos

        Trade Matters: Apapa Customs Command generates over N302bn as Mu’Azu drives fresh reforms, stronger stakeholder collaboration

        Trade Matters: Apapa Customs Command generates over N302bn as Mu’Azu drives fresh reforms, stronger stakeholder collaboration

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        AFRIDEX 2026: NIMASA unveils newly acquired tactical assets for Deep Blue Project

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        Nigeria Customs releases 98 power equipment containers abandoned at ports in 20 years

        Nigeria Customs releases 98 power equipment containers abandoned at ports in 20 years

        Oyetola leads Nigerian delegation to IMO Council Session in London

        Oyetola leads Nigerian delegation to IMO Council Session in London

        Red Cross certifies Maritime Journalist Roland Ekama for leadership role In Lagos

        Red Cross certifies Maritime Journalist Roland Ekama for leadership role In Lagos

        Trade Matters: Apapa Customs Command generates over N302bn as Mu’Azu drives fresh reforms, stronger stakeholder collaboration

        Trade Matters: Apapa Customs Command generates over N302bn as Mu’Azu drives fresh reforms, stronger stakeholder collaboration

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        AFRIDEX 2026: NIMASA unveils newly acquired tactical assets for Deep Blue Project

        Nigeria’s exports grow 25% in two years due to FG’s policies- NPA MD

        Nigeria’s exports grow 25% in two years due to FG’s policies- NPA MD

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        Public Petitions Committee: NIMASA, Delta Community agree on Alternative Dispute Resolution 

        CVFF funds retained in currency of remittance, no conversion – Mobereola

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        Maritime Academy of Nigeria graduates 314 cadets… launches digital management system

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          Nigeria Customs releases 98 power equipment containers abandoned at ports in 20 years

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          Red Cross certifies Maritime Journalist Roland Ekama for leadership role In Lagos

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          Trade Matters: Apapa Customs Command generates over N302bn as Mu’Azu drives fresh reforms, stronger stakeholder collaboration

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          Renewable Energy: NIMASA preparing for Nigeria beyond crude oil, says Dakuku

          onepageafrica by onepageafrica
          June 4, 2020
          in Uncategorized
          0
          Renewable Energy: NIMASA preparing for Nigeria beyond crude oil, says Dakuku
          Share this

          L-R: NIMASA
          DG, Dr. Dakuku Peterside presenting plaques to Dr. Ernest Nwapa. With them are  Chief
          Operating Officer, Upstream Of NNPC, Alh Bello Rabiu, and Bank Anthony Okoroafor
          of PETAN at the Offshore Technology Conference 2019 in Houston Texas.

          The Nigerian
          Maritime Administration and Safety Agency, NIMASA, has emphasised its readiness
          to develop policies that would see to a smooth transition from the regime of
          intense wet cargo operations, which is the major source of income for the
          maritime sector in Nigeria, to the inevitable era of renewable energy which may
          see less activities in crude oil exploration and exploitation in the country.

          The Director
          General of NIMASA Dr Dakuku Peterside stated this when delivering a paper at
          the Africa Regional Workshop  with the theme  ‘the effect
          of Global Energy Transformation’ at one of the side workshops during the just
          concluded Offshore Technology Conference, OTC in Houston Texas.


          The NIMASA DG
          noted that though the Maritime sector in Nigeria
          benefited extensively from
          oil exploration and exploitation in Nigeria including limited technological and
          skill transfer, the time to see both opportunities and associated risk of the
          gradual shift towards renewable energy from fossil fuel for the maritime sector
          is now. 

          He said that there might be no need for huge vessels, for
          intercontinental shipment of both crude and refined products in years to come,
          thus the need for a new logistics dynamics to bring about logistics
          diversification.

          “We at
          NIMASA are working to create a new framework to maximize opportunities provided
          by renewable energy. So the world does not leave us behind. 

          “As a Maritime
          Administration we are taking conscious steps to put the necessary building
          blocks for an era of renewable energy when exploration and exploitation of oil
          and gas and all associated logistics will no longer play a major role. 

          “We
          propose policies to promote transition to clean and renewable energy. We have
          accepted the inevitability of renewable energy in years to come, “ he
          said.

          Dakuku
          further stated that there was the need for all African countries to invest in
          research so that the advent of renewable energy would not take the continent by
          surprise.

          In his words
          “As government and a people, we must begin to invest in research. We must
          invest in quality tailor made education for a future without much income from
          fossil fuel and focused mainly on harnessing potentials of renewable energy
          which are abound in our country.
          ”

          He also
          disclosed that partnership with other Agencies of Government to undertake
          research and project into the immediate and long term future of the Maritime
          industry in Nigeria is part of NIMASA preparation for the future with less
          income from exploration and exploitation of the oil and gas sector. 

          He noted
          that the need for Very Large Crude Carriers VLCCs amongst others would reduce,
          thus the need to guide investments in the Nigerian maritime sector.
          According to
          him “our partnership with the Nigerian Content Development and
          Monitoring Board to identify the types of vessels that Nigerian should acquire
          in order  to guarantee good business and return on investment in the
          immediate and long term is part of our focus on the future. We are investing in
          research to determine the opportunities and threats that will come with the
          inevitable shift from fossil fuel to renewable energy.”

          While making
          an energy demand forecast in Africa to increase by 60% in 2030, Dr Dakuku said 
          Hydrocarbons would continue
          to play a role in the energy mix that would satisfy Africa’s growing energy
          needs,

          He added that  the shift to renewable energy as source would also
          be significant by the year 2030, and
           urged African countries, particularly
          Governments in West and Sub-Sahara Africa to lay much Emphasis on technology
          driven process, research and education.

          On his part,
          Chairman Petroleum Technology Association of Nigeria (PETAN), Bank-Anthony
          Okoroafor, noted that the second energy revolution in the 70s, which saw
          petroleum energy becoming the major source of energy replacing Coal energy
          which had hitherto provided over 62% of world energy needs in the 1920’s should
          be an indication of what to expect as the world gravitate towards renewable
          energy.

          “The cost
          of solar energy generation in 2015 has decreased to as low as one sixth the
          cost in 2005 and the cost is still crashing daily. With the mass production of
          electric cars, it is pertinent to note that in no distant future, the
          “petroleum age” will become a thing of the past just like coal,”
           he said.

          Stakeholders from the oil
          and gas and maritime industry across the world, particularly from West and
          Central Africa attended the regional workshop.

          Tags: maritimeNewsNIMASAOffshore Technology Conferenceoil and gasspotlight
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