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Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines

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Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines

 

Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines

 

 

 

Afam, Rivers State; The Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo on Tuesday commissioned Transafam Power – a subsidiary of Transnational Corporation Plc’s 240MW Afam Three Fast Power plant in Afam, Rivers State. With an already existing power plant residing in Afam, this brings the cumulative generating capacity of the plant to 1,000MW.

 

 

 

 

 

 

The Commissioning of Afam Three Fast Power plant came on the heel of the presentation of the Discharge Certificate to Transcorp Power Limited by the Vice President and Chairman of the National Council on privatization (NCP) in a ceremony held at the presidential Villa Abuja on Monday, following the fulfilment of all privatisation conditions set by the Bureau for Public Enterprise (BPE).

 

 

Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines

 

 

 

 

Speaking during the commissioning, the Vice President lauded the Chairman of Transcorp Group, Tony Elumelu and the entire Transcorp team for yet another power sector investment.

 

 

 

 

 

 

 

“Afam Three Fast Power is an important part of the evolving story of Nigeria’s aspirations to bring electricity to millions in their homes, factories and businesses that provide their livelihoods. It brings into view the importance of private capital in building up capacity along the power value chain.” The Vice President said.

 

 

 

 

 

 

Speaking further, Prof. Osinbajo said: “A major weakness of our privatisation process has been inadequacy of private investments and new cash injections. But the tide is turning with indigenous power and private investors such as Transcorp Power and Heirs Holdings, making significant investments such as the 100% acquisition of the 966MW installed capacity in Afam Plc and Afam III fast power Limited jointly referred to as Afam Genco”

 

 

 

 

 

In his remark, The Minister of Power, Engr. Abubakar Aliyu applauded Transcorp Group for its positive contributions to improving electricity generation in Nigeria.

 

 

 

 

 

 

“What we are celebrating today is an exemplar of the best of Public-Private partnerships. This collaboration has ensured that we are commissioning Afam Three Fast Power today, with a capacity to inject an additional 240MW of electricity into the National grid.”

 

 

 

 

 

 

“At full capacity, it will no doubt provide about 40% of our generated energy today. This is commendable and will certainly improve electricity supply to the nation along with growth of our economy and Gross Domestic Product (GDP)”, Engr. Abubakar said.

 

 

 

 

 

The Chairman of Transcorp Group, Mr. Tony O. Elumelu, during the ceremony said that “We all know the importance of power in Nigeria. We all experience the consequences of our power deficit – the implications for our people, our businesses, our schools, hospitals, and institutions – our national destiny. Transcorp Group is a key player in the power sector. We recognise power is the single most critical factor to lifting our people out of poverty and enabling job creation.

 

 

 

 

 

Therefore, I am so proud today, that we have been able to bring together so many key stakeholders. He concluded his speech with the commitment to continue to do well and do good. “We will not rest until we know every Nigerian has access to the power and the fruits of that power, which we know can transform our country.

 

 

 

 

 

We are fulfilling our promises to the Government and demonstrating Transcorp’s purpose of “Improving Lives and Transforming Africa”.

 

 

 

 

 

The Director General of the Bureau for Public Enterprises, Alex Okoh highlighted the importance of projects such as these in improving access to electricity in Nigeria. He said “Afam Three fast Power combined with the adjoining Afam Power Plc, will in the next few years add almost 1,000MW of electricity to the national grid. This will go a long way towards reducing the current power deficit while enhancing access to electricity for millions of private and corporate Nigerians, creating jobs, and ensuring the socio-economic development and well-being of the nation.”

 

 

 

 

 

 

The successful commissioning of the Afam Three Fast Power turbines is a testament to the Transcorp Group’s commitment to providing reliable and sustainable power to Nigerians. The commissioning took place shortly after the second anniversary of Transafam Power’s operational takeover of the Afam Power Asset.

 

 

 

 

 

 

Transcorp Group remains at the forefront of driving Nigeria’s economic revitalisation through its power investments in Ughelli, hospitality through Transcorp Hotels and now Transafam.

 

 

 

 

 

 

Transafam Power Limited is one of the power subsidiaries of Transcorp Group and the core investor in Afam Genco, comprising Afam Power Plc and Afam Three Fast Power Limited. The Afam GenCo Power Plant is located at Okoloma Village, in Oyigbo LGA of Rivers State with a total installed capacity of 966 MW. For more information, visit www.transcorppower.com.

 

 

 

 

 

 

Transnational Corporation Plc (Transcorp Group) is a publicly quoted conglomerate, with a diversified shareholder base of approximately 300,000. Our portfolio comprises strategic investments in the power, hospitality, and oil and gas sectors. Our businesses include Transcorp Hilton Abuja, Transcorp Hotels Calabar, Transcorp Power, Transafam Power, and Transcorp Energy. Visit www.transcorpgroup.com for more.

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Dr Ifeoma Eze gives reasons on how to know A Genuine Vision

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Dr Ifeoma Eze gives reasons on how to know A Genuine Vision

Dr Ifeoma Eze, a mentor and author of different books gave an insight from her book ” Becoming A Person Of Exceptional Value”, shed more light on The Elements Of A Genuine Vision.

*THE ELEMENTS OF A GENUINE VISION*

There are five key elements that must be present whenever you receive a genuine vision. They are;

1. *Knowing what to do.*
Every genuine vision must be clear, and the terms well spelt out on what to do. It should be tangible and clear enough for anybody to understand. Hab. 2:2.

2. *Knowing when to do it.*
Every genuine vision impacted by God has a time of appointment. Eccl. 3:1-3, Eccl. 9:11, Ps. 31:15. When a man is in the right purpose at the right time, he won’t miss his honour. Knowing the time of your vision requires a lot of prayers which will lead you to high level of sensitivity to the Holy Spirit. Acts 13:1-3.

3. *Knowing where to do it.*
Every genuine vision has an appointed place because destiny answers to the location. Divine location provokes divine allocation. Places are important, hence, God makes places before bringing you on. Gen. 2:15. He made the garden before placing Adam in it! When you get to that God’s appointed location, you will also meet provision for the vision.

And it came to pass after these things, that God did tempt Abraham, and said unto him, Abraham: and he said, Behold, here I am.

[11] And the angel of the Lord called unto him out of heaven, and
said, Abraham, Abraham: and he said, Here am I.

[12] And he said, Lay not thine hand upon the lad, neither do thou any thing unto him: for now I know that thou fearest God, seeing thou hast not withheld thy son, thine only son from me.

[13] And Abraham lifted up his eyes, and looked, and behold behind him a ram caught in a thicket by his horns: and Abraham went and took the ram, and offered him up for a burnt offering in the stead of his son. [14] And Abraham called the name of that place Jehovah-jireh: as it is said to this day, In the mount of the Lord it shall be seen

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Gen. 22:1, 11-14.

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In the scripture, we saw that God deliberately and patiently waited for Abraham to obediently relocate and get to the God-appointed place for the sacrifice and having a readiness to obey God in full; before God made provision of the lamb for the sacrifice. Hence, Jehovah Jireh is the name of God because it is a place where provision met with the discovery of the God-appointed place.

4. *Knowing who to do it with*.

Every God given vision will require some Godly and God-given relationships to make it work. Where there is no vision, the people perish; but where there is vision without people, the vision becomes a burden. The best gift a leader can receive from God is the gift of men.

5. *Knowing How to do it:*

Every vision has a pattern. When God asks you to do a thing it is important that you obtain clear instructions on the structure, pattern and style required to fulfill that vision!

And let them make me a sanctuary; that I may dwell among them. [9] According to all that I shew thee, after the pattern of the tabernacle, and the pattern of all the instruments thereof, even so shall ye make it. Exodus 25:8-9 KJV

Building outside the pattern is setting yourself up for failure. Adherence to set pattern is guarantee for divine presence and guidance.

*VISION KILLERS*
It is possible to receive a vision from God but still experience frustration in life because of the following vision killers. Some vision killers include;

1. *Tradition.*( Mark 7:13.)

2. *Fear*- It paralyses creativity.

3. *Stereotypes structural rigidity. Break the satus quo.*

4. *Lack of Discipline and Laziness*

5. *Comparison*

6. *Procrastination*

7. *Wrong Association*

*Coined from the book, Becoming A Person Of Exceptional Value By Dr. Ifeoma Eze, The King’s Rubies*

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PRESIDENT TINUBU CONGRATULATES JIM OVIA ON ADMISSION TO THE FREEDOM OF THE CITY OF LONDON

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PRESIDENT TINUBU CONGRATULATES JIM OVIA ON ADMISSION TO THE FREEDOM OF THE CITY OF LONDON

 

 

 

President Bola Tinubu has congratulated the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, on his admission to the prestigious Freedom of the City of London.

 

PRESIDENT TINUBU CONGRATULATES JIM OVIA ON ADMISSION TO THE FREEDOM OF THE CITY OF LONDON

 

Admission to the Freedom of the City of London is an honour bestowed on individuals either for their service to the city or for their achievements.

 

 

 

In a press statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, President Tinubu described the honour as a fitting recognition of Mr. Ovia’s exceptional contributions to business, innovation, and technology, as well as for his role in shaping Nigeria’s financial landscape and strengthening economic ties between Africa and the rest of the world.

 

 

 

“This honour is a testament to your unwavering commitment to excellence, your pioneering role in the growth of the financial services sector in Nigeria, and your visionary leadership that continues to inspire generations. As an accomplished entrepreneur and advocate of innovation-driven development, your recognition in the City of London affirms the global relevance of Nigerian excellence and enterprise,” the President stated.

 

 

 

President Tinubu commended Mr. Ovia for being a distinguished ambassador of the nation’s private sector and wished him continued success in his endeavours.

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Adron Homes Celebrates Eid-al-Fitr, Wishes Nigerians Peace and Prosperity

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Adron Homes Celebrates Eid-al-Fitr, Wishes Nigerians Peace and Prosperity

 

Adron Homes and Properties extends warm greetings to the Muslim community across Nigeria and beyond as we celebrate the joyous occasion of Eid-al-Fitr.

As we mark the end of Ramadan, a season of faith, sacrifice, and devotion, we reflect on the values of unity, gratitude, and generosity that define this celebration. The blessings of fasting and prayers bring peace, progress, and abundance to our beloved nation, and we pray for continued harmony, stability, and prosperity for Nigeria and its people.

At Adron Homes, this season is also a time to express our heartfelt appreciation to our esteemed customers. Your trust, loyalty, and commitment to choosing Adron Homes as your partner in the journey to homeownership mean everything to us. Your belief in our vision inspires us to continue providing affordable, luxurious, and accessible housing solutions, making homeownership a reality for all.

As you celebrate Eid with your loved ones, may your homes be filled with peace, joy, and countless blessings. We remain dedicated to building vibrant communities where families can thrive and create lasting memories.

Eid Mubarak! Thank you for being part of the Adron Homes family.

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