President Bola Tinubu, Senate President Godswill Akpabio, and members of the Nationwide Meeting are anticipated to attend the eighth Power Summit organised by Solewant Group, an indigenous vitality firm based mostly in Port Harcourt.
The summit, scheduled to happen in Rivers State on 29 November 2024, may also host 30 native and worldwide corporations. The theme for this yr’s summit is “Pioneering Know-how and Innovation for Transition to Sustainable Power Improvement in Africa.”
Solewant Group’s Group Managing Director, Solomon Ewanehi, revealed this data at a pre-summit press briefing in Port Harcourt on Wednesday. Represented by Dr Benjamin Ubeleble, Govt Secretary of Solewant Power Institute, Ewanehi described the summit as a landmark occasion that may collect among the best minds and devoted professionals within the vitality sector.
Ewanehi defined, “This summit comes at a important time, aligning with the presidential directive urging stakeholders to strengthen their efforts to spice up oil manufacturing and develop the nationwide economic system.”
He additional famous that the summit displays President Bola Tinubu’s directive for innovation, funding, and collaborative motion among the many nation’s oil and fuel stakeholders to handle and meet vitality calls for.
Ewanehi added, “The Solewant Group has responded to this name by guaranteeing vitality asset integrity administration to boost pipeline longevity by our companies. This summit goals to create a platform for state actors, trade leaders, oil and fuel specialists, lecturers, innovators, and expertise suppliers to change concepts, showcase breakthrough developments, and construct partnerships that drive progress and effectivity within the vitality sector.
“Our aim is to encourage discussions resulting in measurable enhancements in our vitality sector, focusing not solely on growing oil manufacturing but additionally on enhancing the sustainability, safety, and resilience of our vitality infrastructure and atmosphere. This aligns with the federal government’s imaginative and prescient to place Nigeria as a robust and dependable vitality producer.”
“Key Aims and Themes of the Summit The summit is constructed round three key aims: Driving Technological Innovation: We’re centered on unveiling and supporting breakthrough applied sciences that may rework oil and fuel manufacturing processes.
“Scheduled panel dialogue periods will spotlight new applied sciences in digital transformation, automation, robotics, and inexperienced vitality improvements which have the potential to extend effectivity and scale back manufacturing prices.
“We’ll have interaction in discussions on insurance policies that may encourage funding in Nigeria’s vitality sector, streamline regulatory processes, and supply a secure framework for sustainable progress.
“Authorities representatives and policymakers will present insights into upcoming laws and provide steerage on aligning enterprise methods with nationwide targets.
“This summit is deliberate to encourage collaboration throughout sectors, emphasizing the ability of partnerships between public establishments, personal enterprises, and academia. Such partnerships, we imagine are important for implementing new concepts and overcoming the multifaceted challenges the trade faces right this moment throughout Africa.”
On the expectations of the assembly, he stated, “We imagine that on the finish of the vitality summit, we anticipate the revealing of improvements that would make oil extraction, processing, and distribution extra environment friendly, dependable, and eco-friendly. This contains updates on digital oilfields, synthetic intelligence in vitality administration, and superior knowledge analytics.”
He added, “On the important thing individuals that might be in attendance, I’ll begin with the presidency. So far as we’re involved we now have unfold our wings large as a result of this summit is an African summit.
“You can’t host an African summit with out getting the presidency concerned. We’ve got reached out to the Presidency and our letter was acknowledged they usually have promised to be obtainable.
” We’re not conscious if the President might be coming in particular person, however there’s a directive that somebody from the Presidency might be obtainable.”
Persevering with, Ewanehi, “On the Nationwide Meeting additionally we now have made contact with the Senate President, Senator Godswill Akpabio. As I converse to you our group might be in Abuja subsequent week to the touch base along with his workplace and certainly one of our cardinal aims of going there too is the presidency.
“Additionally anticipated is the Senate Committee Chairman on Fuel and Petroleum and the Govt Secretary of the Nigerian Content material Improvement and Monitoring Board has been a pioneer member of Solewant Group.
“Internally too, our accomplice from Canada has indicated curiosity. And as ai converse with you the MD goes round assembly a few of them.
“We’ve got about 35 exhibition teams, domestically we now have about 15 corporations which have already indicated curiosity to exhibit. After which internationally about 10 have already picked their stands. Should you put that quantity collectively it’s about 30.”
He additional stated, “Methods for Boosting Manufacturing Capability: Classes will deal with present limitations in manufacturing and spotlight methods to handle infrastructure gaps, enhance operational workflows, and guarantee more practical useful resource administration.”