Business

Nigeria and Africa get nuclear technology boost from Rosatom

Published

3 weeks ago

August 30, 2024

Nigeria and Africa get nuclear technology boost from Rosatom

Russia, through its state nuclear corporation Rosatom, is expanding its strategic engagement with Nigeria and Africa in the field of nuclear technology.

Rosatom’s involvement in Africa, and specifically in Nigeria, reflects a strategic partnership aimed at addressing the continent’s growing energy needs and fostering technological advancement. As Russia continues to deepen its engagement, it is crucial to explore the positive contributions and tangible benefits of these collaborations.

In recent years, Rosatom has significantly expanded its presence in Africa. While being present through its regional office in South Africa for over 10 years, in 2024 alone, the Russian state nuclear corporation signed memorandums of understanding (MoUs) with several African countries, including the Republic of Congo, Mali, Guinea, Burkina Faso, and Rwanda, with agreements with Burundi made the previous year.

These agreements cover a broad spectrum of cooperation, including the use of nuclear power in civil applications, development of nuclear infrastructure, personnel training, the advancement of floating power units, and public outreach on nuclear energy, among others. The memorandums aim to assist these nations in developing their nuclear energy capabilities, ensuring safe and sustainable energy solutions.

In addition to these agreements, Rosatom is actively involved in uranium mining projects across Africa. In Tanzania, Rosatom has partnered with the government to explore and develop uranium resources, which will contribute to local energy needs and global uranium supply.

In Namibia, Rosatom is engaged in several significant projects, including the exploration and potential development of uranium deposits. Notably, Rosatom’s uranium exploration initiative in Namibia focuses on the promising Wings project, located in the Omaheke region, approximately 300 kilometers from Windhoek.

This project, which has captured considerable attention at expos, is anticipated to create approximately 600 new jobs in the Omaheke region and an additional 4,000 jobs in related industries across Namibia.

With an estimated $500 million investment and an anticipated $3.5 billion in additional tax revenue, the Wings project is poised to become the cornerstone of Namibia’s mining future.

Rosatom’s expertise on the continent is further demonstrated through its involvement in constructing the El Dabaa nuclear power plant (NPP) in Egypt. This project, Egypt’s first nuclear plant, features four VVER-1200 reactors and is set to significantly enhance Egypt’s energy capacity.

Rosatom’s relationship with Nigeria exemplifies its strategic partnership approach. Since 2017, Nigeria and Rosatom have been working together on various projects, including the development of a nuclear power plant.

Nigerian officials participate in events organised by Rosatom. For instance, they took part in international nuclear forum Atomexpo in 2022 and 2024 where they once again confirmed their interest in the cooperation on the large-scale NPP project in Nigeria. Discussions are also ongoing about the potential deployment of a floating Small Modular Reactor (SMR) NPP.

Floating NPPs offer several advantages that make them particularly suitable for diverse applications. These reactors can be relocated as needed, providing flexibility in energy deployment. Their construction time is notably reduced since they are built in factories and then floated to their operational sites, streamlining the development process.

Additionally, floating NPPs are equipped with advanced safety systems that can be monitored and maintained remotely, ensuring high levels of safety and operational efficiency.

These smaller plants, already tested in Russia, offer a flexible and secure energy solution. Floating Power Units (FPUs) are particularly advantageous for coastal nations as they can be positioned offshore, minimizing land use impact and local community disturbances. They provide a reliable source of electricity directly to the grid, reducing the need for extensive and costly transmission infrastructure. Offshore locations also mitigate risks associated with traditional nuclear plants, such as cooling challenges and land-based safety concerns.

Adopting nuclear power through innovative solutions like FPUs would not only ensure a stable energy supply but also position Nigeria as a leader in modern energy technology, potentially attracting international investments and partnerships.

Unlike other companies that promise future floating nuclear power plants, Rosatom has been operating its floating power plant, the Akademik Lomonosov, since late 2019. This project showcases Rosatom’s technical expertise and dedication to sustainable energy solutions. The knowledge gained from this project has laid a strong foundation for future advancements in floating nuclear power technology.

Rosatom’s optimised floating nuclear power plants offer mobility, enabling strategic power generation along coastlines and near major ports, with the flexibility to scale up as needed. This innovation allows for efficient power distribution from the nearest port to the end user, reducing transmission losses and enhancing the reliability of electricity supply to industrialised and densely populated regions.

Rosatom’s commitment to nurturing future nuclear professionals is evidenced by initiatives like Atoms Empowering Africa. Since its inception in 2015, this program has been a driving force in empowering young individuals across Africa to explore the field of nuclear energy. The competition encourages African youth to present the benefits of nuclear energy, fostering scientific curiosity and paving the way for a sustainable energy future on the continent.

In the latest round of the Atoms Empowering Africa competition, twenty talented young individuals from South Africa, Nigeria, Kenya, Uganda, Egypt, and Sudan were selected as winners. These winners had the unique opportunity to delve into the latest advancements in nuclear technology while experiencing the rich cultural heritage of Russia.

Their itinerary included a visit Moscow, Saint Petersburg and the town of Obninsk, the birthplace of the nuclear industry and Russia’s premier nuclear technology hub, which celebrated the 70th anniversary of the world’s first nuclear power plant.

Munachimso Oguine, a young participant from Nigeria, expressed the impact of the program: “We toured the Rosatom Technical Academy and received a first-hand tour of Russia’s first Nuclear Power Plant (NPP). It was truly a privilege to witness the behind-the-scenes operation of an NPP and to see the amount of effort channeled into operational safety and security at the NPPs. But more than that, it was a lovely drive through the beautiful city of Moscow.”

“This trip has been nothing short of exciting, fascinating and eye-opening. I’m especially grateful for the warm and wonderful welcome we received from the Rosatom team. They’re amazing! I can’t wait to learn and explore more of Moscow with them,” Munachimso Oguine added.

Young Nigerians also benefit from educational opportunities in Russia, particularly at Tomsk Polytechnic University (TPU), a key partner of Rosatom.

TPU offers comprehensive programs in nuclear energy and nuclear medicine, which are crucial for building a skilled workforce for Nigeria’s nuclear sector. TPU’s international programs play a pivotal role in preparing students from Africa, including Nigeria, for careers in nuclear energy, safety, and medicine.

Many Nigerian students studying at TPU or having graduated from its programs are expected to contribute significantly to advancing Nigeria’s nuclear ambitions.

While there are valid concerns and complexities associated with nuclear energy development, Rosatom’s contributions to Africa, and particularly Nigeria, are substantial and impactful. From advancing nuclear infrastructure and promoting educational exchange to enhancing safety and technology,

Rosatom’s efforts reflect a deep commitment to supporting Africa’s energy and technological needs. A balanced view that acknowledges these contributions is crucial for a comprehensive understanding of Rosatom’s role in the region.

Business

NLC Pinponts Causes of NNPC, Dangote disagreements

Published

9 hours ago

September 19, 2024

Sahara Weekly

NLC Pinponts Causes of NNPC, Dangote disagreements

The President of the Nigeria Labour Congress, Joe Ajearo, has attributed the current uproar between the Nigeria National Petroleum Company Limited and the Dangote Petroleum Refinery to alleged government policy somersault and fraudulent moves by some forces.

Ajearo, who said this to journalists at the Murtala Muhammed Airport Terminal ll, in Lagos on Wednesday, further described what has been going on between the Dangote and the NNPC as uncalled for, stressing that in a deregulated economy there should be choices and competition.

He quarried the basis for regulating what Dangote is to sell, insisting that deciding for the private sector on how or what should be sold is an act of fraud.

“For a product produced here, he didn’t import with dollars, there was no landing cost and they wanted him to sell it at the same cost as the one they are bringing from abroad. That is fraudulent and unacceptable.”

“What you are seeing is fraudulent and policy somersault. Nigerians were made to believe that the sector has been deregulated and in a deregulated arrangement there should be choices and competition. So why are you now attempting to regulate how much Dangote should sell his product? Why?

“When Port Harcourt refinery comes up, let NNPC sell, let Dangote also sell but when you now begin to regulate how much Dangote should sell, that is fraudulent.

“This is the time for Nigerians to speak up. They told us that when they deregulate the economy, the private sector will direct the economy and the government will have no business in business. Now, they are trying to regulate how or what to sell by the private sector.

“They want him to sell the product at the same price as when it was imported. For a product he produced here without landing cost and you want him to sell it at the same rate as the one imported, that is fraudulent,” he stated.

Business

Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge

Published

22 hours ago

September 18, 2024

Sahara Weekly

Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge

Adron Homes & Properties is excited to announce the official unveiling of the 7th edition of the Adron Games, tagged “Fit to Be the Biggest”. The 2024 edition is set to take place at the renowned Lekan Salami Stadium, Adamasingba, Ibadan, from November 29th-30th, 2024, marking the second time the city of Ibadan will host the prestigious sporting event.

The Adron Games is a national platform designed to promote physical fitness, wellness, and community engagement through sports. Having previously held successful editions in Ogun and Lagos states, the 2024 edition is expected to attract over 10,000 athletes and fitness enthusiasts from across Nigeria.

The theme of this year’s Adron Games, “Fit to be the Biggest”, perfectly captures the spirit and ambition of the event. It signifies both the physical and metaphorical journey to greatness, where athletes, fitness enthusiasts, and even spectators are encouraged to embrace the challenge of becoming their best selves—physically, mentally, and competitively.

The theme also promotes the idea that fitness is essential to achieving greatness, whether through competitive sports or in everyday life. It motivates participants to push their boundaries and excel, whether on the field, court, or track, and ultimately reminds them that the journey toward fitness and excellence never stops.

This year’s games will feature a wide array of sporting disciplines, including Football, Basketball, Volleyball, Athletics, Table Tennis, Snooker, Shot Put, Long Jump, E-sports, and the fan-favorite Tug of War.

In a special highlight, Nigerian football legends Daniel Amokachi and Mutiu Adepoju have been announced as the official ambassadors of the event. Both are renowned for their contributions to Nigerian football and are expected to inspire athletes and spectators alike with their presence.
Key Event Highlights:
• Event Dates: November 29th-30th, 2024
• Venue: Lekan Salami Stadium, Adamasingba, Ibadan
• Ambassadors: Daniel Amokachi, Mutiu Adepoju, Vanessa Jones and MC Relax
• Sporting Events: Football, Basketball, Volleyball, Athletics, Table Tennis, Snooker, Shot Put, Long Jump, E-sports, and Tug of War
• Special Guests: Sports icons, fitness personalities, and celebrity appearances
• Participants: Over 10,000 athletes and fitness enthusiasts
• Prizes: Cash prizes, trophies, and awards for winners in various categories
Speaking at the unveiling, Daniel Amokachi emphasized the importance of corporate sponsorship in fostering young Nigerian talents, praising Adron Homes for their commitment to promoting sports.

He said “Sports in Nigeria need more support from businesses and brands to help discover and nurture talents among our youth. Organizations like Adron Homes, through their consistent support of sports, are boosting Nigeria’s global sports performance,” Amokachi said.

Meanwhile, Mutiu Adepoju lauded the unifying and transformative power of sports and commended Aare Adetola Emmanuelking, Group Managing Director of Adron Homes, for his unwavering commitment to organizing this event annually. “Sports is a powerful tool for unity and fitness, both physically and mentally. I commend Aare Adetola Emmanuelking for his continuous support of sports by organizing this prestigious event. His dedication is vital to the development of sports and the empowerment of youth in Nigeria,” Adepoju remarked.

it will be recalled that, Adron Games is an annual sporting event organized by Adron Homes & Properties to promote physical fitness, wellness, and community engagement through sports. Since its inception, the event has grown into a major national platform, bringing together thousands of athletes, corporate teams, and fitness enthusiasts in the spirit of competition and fun.

Adron Homes, through this sporting event, encourages everyone to view fitness and sports as key to unlocking personal and communal growth, building healthier lifestyles, and fostering unity across different regions, backgrounds, and demographics. “Fit to be the Biggest” represents not only the size and scope of the event but also the opportunity for everyone involved to elevate themselves and inspire others through the power of sport.

For more information, sponsorship, vendor registration and inquiries, please contact: Abiodun 08138432335

Adeboye Abiodun
Mnipr, Acicrm
Digital Operations and Media Relations Officer
Adron Homes and Properties Limited.
08138432335

Business

Three marketers to import 141m-litres petrol By Shonibare Timilehin

Published

1 day ago

September 18, 2024

Sahara Weekly

NNPC cautions motorists, others against panic buying

Three marketers to import 141m-litres petrol

By Shonibare Timilehin

Three major oil marketers are expecting vessels of imported Premium Motor Spirit, popularly called petrol, this week barring any unforeseen circumstance, it was gathered on Tuesday.

Dealers said about 141 million litres of PMS are being conveyed to Nigeria by the vessels following the full deregulation of the downstream oil sector by the Federal Government.

They also noted that the recent hike in the pump prices of petrol produced by the Dangote Petroleum Refinery and released by the Nigerian National Petroleum Company Limited on Monday had allowed room for PMS imports.