ABUJA, NIGERIA - AFRICA
The enactment of the Petroleum Industry Act (PIA) has brought a new era in Nigeria as the Nigerian National Petroleum Corporation (NNPC) is now a Limited Liability Company with
greater autonomy enabling faster and more efficient decision-making and a focus on business commerciality as an Integrated Energy Company. The PIA further strengthens
NNPC’s mandate to engage in Renewable Energy business as one of its core objectives. The Nigerian National Petroleum corporation (NNPC) is leveraging gas as a transition fuel and is investing in renewable energy to achieve its emission-reduction targets. NNPC is thus committed to the successful implementation of the Biofuels Project with the enactment of
The Petroleum Industry Act (PIA).
An MOU between NNPC, Joint Venture and Technical Partner for the Development of Biofuels Project in Nigeria has already been executed. The project is presently at the Techno-Commercial stage.
I am currently involved with a company that is the local agent to the Original Equipment Manufacturer appointed by the Technical Partner to design and build these biofuel plants. The Power plants are co-generational, using waste from farms as fuel and thereby causing a significant reduction in pollution while increasing efficiency and lowering operational costs. Bio-ethanol is used as an octane enhancer and an oxygenated additive to gasoline in a blended proportion of E5, E10 , E20 and E30. Its utility is to deliver CO2 emission reduction for light vehicles. My company also sells a building/energy software product called IoTomation. Information about this product can be found here.
As of March 2023, an agreement has been jointly signed for the production of a 50,000liter/day biofuel facility, derived from cassava, by the Nigerian National Petroleum Corporation, the Kebbi State Government and 3D Hitech. The Integrated plantation setting will engage direct labor, provide schools, health care centers, banks, and supermarkets and will have the capacity to employ five thousand employees. The project offers an advantage in environmental and social development such as the reduction of greenhouse gas (GHG) emissions which will result in income generation for Nigeria. A description of the project can be found here.
The SFP credentials and knowledge individuals have provided me with the requisite skill sets and a better understanding of how data-driven analyses were made during a techno-
commercial presentation to support the business cases, taking into consideration the triple bottom line for this flagship project.
Also, the credential has furnished me with good knowledge and understanding of the carbon markets for increasing the revenue stream derived from carbon trading. Overall the SFP credential provides a detailed road map of how I could improve the sustainability of my facilities and projects using all eight major areas of sustainability as defined by IFMA: energy, water, materials and resources, quality of services, waste, site impact, how to integrate sustainability efforts with an organization’s values and strategies, how to present a business case for a sustainability initiative, how to evaluate initiatives from a financial viewpoint, and how to track and report accomplishments.
A major challenge has been sourcing for a consultant /analyst from the international emission trading association (IETA) to work with toward providing capacity in the areas of project verification, validation, registration for carbon credit, revenue, and benefits on these flagship projects.