Wednesday 25th June, 2014 Edition

Page 19

Page 19

Peoples Daily, wednesday, june 25, 2014

business@peoplesdailyng.com 08142929046 etuka2012@gmail.com 08066605655

NNPC GMD charges PENGASSAN on industrial harmony

Stories by Etuka Sunday

T

he Group Managing Director of the Nigerian National Petroleum

Corporation (NNPC), Engr. Andrew Yakubu yesterday urged the leadership and members of the Petroleum and Natural Gas Senior

Staff Association of Nigeria (PENGASSAN) to sustain the industrial harmony between it and the management of

the NNPC. Engr. Yakubu made the call during the opening ceremony of the 4th triennial national delegates’ conference of the Association

From Left: The Group Managing Director of the Nigerian National Petroleum Corporation, Engr. Andrew Laah Yakubu exchanging warm hand shake with the Minister of Labour and Productivity, Chief Emeka Wogu and the President of PENGASSAN, Comrade Babatunde Ogun during the 4th Triennial National Delegates’ Conference of the Association on Tuesday in Abuja.

215mw Kaduna power plant ready for commissioning December-VP

T

he Vice President, Namadi Sambo has expressed satisfaction at the level of work achieved on the 215mw Kaduna Power plant. A statement signed by Bashir Bello on behalf of the Senior Special Assistant to Vice-President on Media & Publicity quoted Sambo to have given the comment during an inspection tour of the project located in Kudendan industrial area. According to him, he has been reliably informed and has confirmed that the project was about 84% completion and by December this year, power would be generated from the power plant. “I want to assure all Nigerians that Mr. President is keeping his transformation agenda and his promise to the people in Kaduna State and to the people in the

northern part of the country and that we are doing everything to transform this part of the country and to ensure that power is provided to the industrial area of this part of Nigeria,” he said. A representative of Sewa Ltd, the consultancy firm handling the project, Mr Iian Appleby who briefed the Vice President said the EPC Contract as a whole cost N23 billion and would meet the December timeline when it would be commissioned on a start up with diesel fuel. Appleby noted that the 215mw plant is a dual fired station with eight turbines capable of being powered by Low Pour Fuel Oil (LPFO) andLiquiefied Petroleum Gas (LPG). “Generally, mechanical process of the turbine installation is far reached and the civil works is

FG orders employment of more fire fighters to meet standards >>Pg 20

at 80 percent,” he added. He stated that a 132/32KV transmission station is also being constructed alongside a 33KV distribution line which is about 83 percent completed, and switch yard that is 82 percent finished. While the substation will evacuate power to the industrial area and Mando substation, it will also link up to Gurara line as a feeder to the national grid, he stated. The Minister of Power, Prof. Chinedu Nebo commended the Vice President for his visit to the site adding that it will result in significant power stability in the axis adding that similar project in Taraba state will be happening soon. Namadi who also acknowledged the support of the Kaduna state government towards the project and the presence of the

CIIN harps on insurance sector’s need for relevance

Acting Governor of Taraba State said Kashimbilla Hydropower in the state is almost completed. He said the 40mw multipurpose dam will cater to irrigation and check flooding arising from any overflow from Cameroon. He added that the Water Resource Ministry has completed the design and survey for the construction of Mambilla hydropower project still in Taraba state. “It will start soon and when completed, it will bring in 3050mw, to be the largest power plant in West Africa,” Namadi said. Meanwhile, in his remarks, the Chairman Senate Committee on Power Senator Phillip Aduda expressed his satisfaction with the level of work done on the project, which he said on completion would bring about more industrialization and revamp the economy.

>>Pg 21

in Abuja. A statement by the Group General Manager, Group Public Affairs Division, NNPC, Ohi Alegbe quoted Yakubu to have commended the Association for the cooperation and support extended to him and his management team since their assumption of duties, noting that the synergy has led to the growth of the entire petroleum industry. Engr. Yakubu stated that over the years, PENGASSAN has contributed immensely to the stability and growth of robust industrial relations in the country by demonstrating a very high sense of cooperation and maturity in the conduct of its affairs. The NNPC GMD expressed gratitude to the outgoing central working committee of the Association for their loyalty and constructive dialogue and enjoined the delegates to elect credible leaders to steer the affairs of the Association, going forward. In his keynote address, the Minister of Labour and Productivity, Chief Emeka Wogu described the role of PENGASSAN as pivotal to the national economy and urged members of the Association to continue to maintain the industrial peace in the petroleum sector. Earlier, the outing President of the Association, Comrade Babatunde Ogun said the oil workers’ unions are fully committed to the growth of democracy and good governance in Nigeria and called on the National Assembly to expedite action on the passage of the Petroleum Industrial Bill which is geared towards enthroning transparency in the petroleum sector.

CBN Exchange Rates $ € £ Riyal YEN CFA

as at 24th JUNE, 2014 Buying Selling

154.7 256.94 212.44 41.25 1.49 0.30

155.74 258.60 213.81 41.52 1.50 0.32


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