Connect with us

Metro News

Nigeria Energy Usage Expected To Rise By 40% Between 2010- 2030 – OPEC

Published

on

OPEC (1)

Dr Taher Najah, an Oil Industry Analyst with the Organisation of Petroleum Exporting Countries (OPEC), says Nigeria’s energy usage is expected to rise by 40 per cent between 2010 and 2030.

Najah made the projection on Friday in Lagos at the just concluded 31st annual conference of the Nigerian Association of Petroleum Explorationists (NAPE).

He said that this level of production was required to lift billions of people out of poverty

Najah said that with population and incomes projected to rise, the real challenge remained how to manage and meet the energy needs.

“The question that begs for an answer is what types of energy will the world use and how much, where it will come from and how new technologies, efficiencies and policies impact on the market.

“With energy use expected to rise by 40 per cent between 2010 and 2030, this is required to lift billions of people out of poverty,

“The expectation will be huge gains that producing nations make in terms of market share,” he said.

Nahah, however, said that global peak oil production would be expected before 2030 and there existed significant risks that would occur before 2020.

He said that extraction was currently expanding too slowly to mitigate post early peak oil decline in conventional sources, adding that this could be changed by new technologies.

Najah said that oil and gas would continue to lead as the largest energy source
and the whole world would continue to find itself in a landscape dominated by the intricacies of the oil and gas business.

The OPEC official said that for most developed economies, efficiencies and new technologies remained key solution to mitigating risks.

“Whether Nigeria looks east or west, several puzzles will first have to be resolved internally, before tapping into the opportunities created globally or mitigating the risk the global dynamics presents.

“These sprawling opportunities created by the industry around the world remains an unrivalled stimulus to economies actively engaged in oil and gas,’’ he said. [NAN]

Metro News

BREAKING: Police Arrest Suspects As Explosion Rocks Wike Father’s Church

Published

on

BREAKING: Police Arrest Suspects As Explosion Rocks Wike Father’s Church

Nyesom Wike

An explosion has reportedly rocked a church belonging to the father of Rivers Governor, Nyesom Wike, in Port Harcourt, the state capital.

The Rivers State Police Command has however announced the arrest of three suspects who allegedly detonated explosives at a Pentecostal church, Christain Universal Church International, located at Mile 3, Diobu area of Port Harcourt.

Also Read: Buhari Will Set Nigeria On Fire If He Doesn’t Implement People’s Demands —Wike

The act was reportedly carried out on Saturday night and detonated the explosives suspected to be dynamite.

According to reports, a significant part of the church was damaged by the explosion, which created panic in the area.

Continue Reading

Metro News

Gunmen Abduct Wife Of Akeredolu’s Chief Of Staff

Published

on

 Gunmen Abduct Wife Of Akeredolu’s Chief Of Staff

Ondo on map

Kidnappers on Friday abducted the wife of Olugbenga Ale, Chief of Staff to Ondo State Governor, Rotimi Akeredolu.

According to reports, she was kidnapped around Owena after the Joseph Ayo Babalola University while on her way back to Ondo from Lagos State.

Also Read: Unknown Gunmen Kill Ondo Traditional Ruler, Olufon Of Ifon

The police spokesman in the state, ASP Tee-Leo Ikoro, confirmed the news to Channels Television on Friday.

This development is coming about twenty-four hours after a first-class traditional ruler in Ondo State, the Olufon of Ifon in Ose local government, Oba Isreal Adeusi, was murdered by suspected kidnappers.

 

Continue Reading

Tech News

TECNO Stormed Computer Village with BBNaija’s OZO to Wrap up its Black Friday Sales Activities

Published

on

The month of November is always known for its intense sales activities because the best deals of the year come
during the Black Friday Period. For TECNO, Africa Number One mobile brand, it was the time to reward its
customers with massive discounts and various gift items while also unveiling some of its new devices.

The brand in collaboration with SLOT stormed computer village as part of the events to wrap up its black Friday
sale activities, hosted BBNaija’s Ozoemena Chukwu to a hangout at SLOT Ikeja.

Fans and customers had a fun time interacting with the handsome celebrity while enjoying discount offers on
TECNO devices. Different deals and gift items were up for grabs as customers who made purchases at the store
enjoyed 50% discounts on Spark 5, Camon 16 Series and 100% cashback on the Spark 5 Pro.

The major highlight of the event was the presentation prizes to lucky winners. Customers who participated in
the spin the wheel game won gifts items such as Bluetooth Speaker; Power Bank and kettle while those who
participated in the Scratch and Win Promo won for themselves different deals ranging from 50% to 100%
cashback.

TECNO also introduced two latest devices-the Spark GO 2020-powered by Google Android 10 Go Edition and a
TECNO POVA. POVA means ‘Powering Optimal Value and Ambitions’ is a rebrand of the popular battery series
formerly known as Pouvoir was inspired by the zeal to deliver budget-friendly smartphones with superior
gaming experience.

The first of its kind 6.8-inch TECNO POVA, is powered by Mediatek Helio G80 octa-core processor and hyper-
engine game technology that transforms gameplay experience giving ultimate stability and a high refresh rate.
Additionally, users will benefit from the “Game Space,” “Game Mode,” and “Game Assistant 2.0” features,
allowing them to switch to the “do not disturb” function, a much-anticipated experience all gamers will
absolutely enjoy.

The TECNO POVA is also equipped with a power-packed multitasking effect ramped up by 6GB RAM and 128GB
of internal memory. The device also has a 6000mAh super big battery, 18W Dual IC Flash charger, a standby
time of 30 days and the ability to play music for 8 days straight, on just a single charge. It’s the perfect
smartphone offering a way to worry less about low battery.

The new devices are available for purchase this November and for the rest of November, customers will enjoy
amazing discounts, instant and mega prizes on TECNO devices.

Continue Reading

Trending