• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, July 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Gas Turbine Deployment Necessary To Accelerate Industrial Growth

by Chika Izuora
4 hours ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Experts in the energy sector have advocated deployment of gas turbines to support Nigeria’s drive towards industrialization.

Advertisement

Nigeria took a significant step towards redefining its energy future as key stakeholders, industry leaders, and policymakers convened in Abuja at the 2025 Gas Turbine Asset Management Conference in Abuja with the theme; “Powering the future – One Upgrade at a Time”.

Hosted by Thomassen Energy and PE Energy, the event set a decisive tone for transforming the country’s energy sector and revitalising its industrial foundation through innovation, accountability, and strategic partnerships.

Daere Akobo, Chairman of PANA Holdings, highlighted the gap between Nigeria’s installed power capacity, estimated at 12,000 megawatts, and the actual utilised output, which lingers around 4,500 megawatts emphasising the critical role of gas turbines not just as utility for power generators but as core enablers of economic resilience as Nigeria continues its quest for reliable and scalable electricity.

 

RELATED

Aviation Fuel Soars To N1,315/Litre Despite Oil Price Dip

Aviation Fuel Soars To N1,315/Litre Despite Oil Price Dip

4 hours ago
Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts

Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts

4 hours ago

“Reliable electricity is the lifeblood of economic growth and bridging this gap demands immediate, systemic reform, beginning with the reinstatement of the Presidential Power Initiative,” Dr. Daere Akobo said.

 

Making a recommendation, Akobo proposed the formation of an independent, privately led Energy Council.

 

“This non-profit body would be composed of volunteer experts offering advisory support to government institutions, aimed at ensuring consistent, technically sound reforms in the energy space” , he added.

 

Representing Senator John Enoh, minister of state for Industry, Special Adviser on Strategic Communications, Ifeoma Williams urged participants to move from rhetoric to results.

 

According to Enoh, we must no longer leave conferences with recommendations alone. Let us leave with resolve to manage and sustain our gas assets with intelligence, urgency, and courage,

 

Peter Stuttaford, CEO of Thomassen Energy, reinforced the company’s commitment to the Africa region. He also added, “We are proud to partner with PE Energy in optimising turbine performance across Africa. Our goal is to deliver fast, reliable solutions that meet the needs of today’s evolving energy systems.”

 

The event also featured a high-level panel discussion featuring key industry figures, including Joy Ogaji, CEO, Association of Power Generation Companies; Olurotimi Famoroti, CEO, First Independent Power PLC; Chris Osarumwense, managing partner, Greenfields Consultancy; and executive director, Niger Delta Power Holding Company, Abdullahi Kassim.

 

A central theme throughout the session was the need for smarter asset management. Proposals centered on implementing remote, centralized monitoring systems to increase efficiency and transparency, and leveraging AI and predictive maintenance technologies to boost turbine reliability and reduce downtime. They also called for strategic localization of turbine parts manufacturing and the creation of regional service hubs to foster technical expertise and reduce foreign dependency.

 

The call to action extended beyond technology. They advocated for aligning power generation with economic zones, urging generation companies to directly support regional industrial clusters. This approach aims to tether energy output more closely to local manufacturing and commercial demand, stimulating job creation and sustainable growth.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Jaiz Bank Increases Profit By 108.99%, Proposes 7kobo Dividend/Share

Next Post

Kano Digital Industrial Park Reopens After 2024 Protests

Chika Izuora

Chika Izuora

You May Like

Aviation Fuel Soars To N1,315/Litre Despite Oil Price Dip
Business

Aviation Fuel Soars To N1,315/Litre Despite Oil Price Dip

2025/07/07
Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts
Business

Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts

2025/07/07
Lasaco Assurance Attains ISO/IEC 27001:2022 Certification
Business

Lasaco Assurance To Partner FG On Agric, Food Security

2025/07/07
Bridging Africa’s Tech Skills Gap: Heirs Technologies i-Academy Graduates 100
Business

Bridging Africa’s Tech Skills Gap: Heirs Technologies i-Academy Graduates 100

2025/07/07
9 States Receive N670.55bn 13% Oil Derivation Funds in 5 Months
Business

9 States Receive N670.55bn 13% Oil Derivation Funds in 5 Months

2025/07/07
Zenith Bank Finalises Plans For N290bn Rights Issue, Public Offer
Business

Zenith Bank, 12 Others Raise N1.899trn From New Share Listings

2025/07/07
Leadership Conference advertisement

LATEST

Ex-Reps Speaker Agunwa Anakwe Dies At 74

JUST-IN: Gunmen Kill Soldier As Security Agents Rescue Chinese National In Kogi

Trump Threatens 10% Tariff On Countries Aligning With BRICS

Ex-Jigawa NUJ Chairman Fahad Malamadori Dies At 55

Gov Aiyedatiwa To Receive IAWPA’s Mayor Of Peace Award On Int’l Cooperative Day

BREAKING: Olubadan, Oba Olakulehin, Dies After 1 Year On Throne

Nigeria’s Enekwechi Sets New African Record In Men’s Shot Put

Apute Crowned Overall Winner At 2025 NOG Energy Week Golf Tourney

WAFCON 2024: Super Falcons Cruise To Winning Start, Thrash Tunisia 3-0

NNL Super 8: Crown FC Threaten To Challenge Khalifat FC Victory

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.