From L-R: Albert Fuchet, Cluster President, Anglophone Africa, Schneider Electric; Christophe Begat, Managing Director, Anglophone West Africa, Schneider Electric, Alhaji Bola Azeez, CEO, Bolamark Engineering Limited, Mojola Ola, Head, Building Business, Anglophone West Africa, Schneider Electric; Nurudeen Oyedeji, Channel Manager, Anglophone West Africa; Ifeanyi Odoh, Head, Offer Marketing and Business Development, Anglophone West Africa, Schneider Electric
Business

Safe, efficient electricity: 2.3bn people globally, 90 % Nigerians lack access – Schneider Electric  

107

 

By Kunle Akinsola

 

More than 2.3 billion people across the world and 90 per cent of Nigerians do not have to safe, reliable and efficient electricity, Schneider Electric Managing Director, Anglophone West Africa, Mr Christophe Begat, has said.

 

Describing access to reliable power in Africa a challenge, he said:“About 90 per cent of Nigerians do not have access to safe, efficient electricity and this is a challenge to us to solve.

 

“Globally, an estimated 2.3 billion people do not have either or reliable access to electricity.

 

 

Begat spoke at the firm’s Digital Innovation Day 2019 in Lagos which attracted about 500 attendees including stakeholders and experts in technological innovations, automations and energy management.

 

 

It featured the launch of Schneider’s latest technologies and opening of Innovation Hub as well as interactive sessions on contextual applications of the latest wave of digitization in powering the digital economy to increase efficiency, business growth, and profitability.

 

 

Experts also touched on issues including having smart buildings — which can think, sense and adapt and also control and monitor from cell phones, tackling complex IT and DC environments with cloud-based management systems, big data analytics, mobile insights and optimized operations.

 

 

 

According to Begat, human activities such as using generators and others are responsible for rise in temperature globally and called for a coordinated efforts by governments and power firms and other stakeholders to stem the trend.

 

 

 “About 60 per cent of energy globally is lost and this is good for us (Schneider) as a challenge.

 

 

“There is an urgent need to reduce carbon emission all over the world and attain zero emission by 2030,’’ he said.

 

 

Schneider Electric, Begat said, was committed to providing safe and clean electricity from solar and wind to address the current faulty lines of energy transmission and attain full digital transmission of electricity to buildings.

 

 

Mr Albert Fuchet, the Cluster President for Anglophone Africa, in a keynote address entitled, “Powering and Digitizing the Economy”, said the firm would deploy digital technologies to ensure efficiency and energy security and automation.

 

 

“Digital technologies provide possibilities for a wide range of benefits ranging from efficiency gains, customer intimacy, energy security and management, automation and remote operations, safer work environment, and a lot more, depending on the user’s preference.

 

 

“Ultimately, the organization’s bottom line is impacted in a sustainable fashion.

 

 

“The broad application of Internet of Things, IoT is still evolving. Exploring big data and cloud computing is ongoing. Also, virtually all equipment and operations can be made smart.

 

 

“In the oil and gas sector today, we see a fully automated offshore platform and fashioning the ancillary services that go with such innovations,’’ he told the conference.

 

 

Mr Ifeanyi Odoh, Head, Offer Marketing and Business Development, said Schneider believed that efficient energy and digital transmission of it are fundamental human rights.

 

 

“It should be affordable and available so that more people can have access to energy.’’

 

 

He said the firm had rolled out some products and equipment in the value chain as energy solutions.

Leave a comment

Related Articles

Pres. Tinubu commends Dangote Group over new gantry price of diesel

President Bola Tinubu has applauded Dangote Oil and Gas Limited for reducing...

Industry and Trade Minister promises Nigerian Breweries, business community enabling environment

The Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, has reaffirmed...

Transcorp Power Plc grows topline by 57.03%, profit up by 75% in 2023 audited results

Transcorp Power Plc (Transcorp Power), one of the power subsidiaries of Nigeria’s...

UBA records impressive gross earnings rise of 143%, profit hits N757.7bn in financial year 2023

The United Bank for Africa (UBA) Plc has recorded a 143 per...

Breaking: Nigeria to get oil-backed $1bln Afreximbank loan in May

Nigeria is set to receive $1.05 billion from a syndicated loan backed...

Breaking: CBN sells $10,000 to BDCs at N1,101/$

The Central Bank of Nigeria (CBN) on Monday announced the sale of...

Premium Pension Ltd., industry leader, records impressive N1.134trn revenue growth in 2023

A leading pension fund administrator in Nigeria, Premium Pension Limited, has said...

Transcorp Group records robust growth in 2023, revenue up by 47.3%, profit-before-tax of 93.5% Transnational Corporation Plc

(“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate, has announced its financial...

Updated: We raised interest rate to 24.75 percent to fight inflation – CBN

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)...

Don’t sell dollar above N1,269, CBN orders Bureau de Change

As part of measures to strengthen the naira against the dollar, the...

Dangote set to disburse N15bln food items to 774 LGAs to cushion harsh economic conditions

Nigerian businessman and industrialist Alhaji Aliko Dangote says he has allocated N15...

Naira strengthens to N1400/$ at parallel market as speculators sell

The naira strengthened on Wednesday to close at N1400/$1 in the parallel...

Just In: Zenith Bank names Adaora Umeoji as its first female Group Managing Director

The Board Directors of Zenith Bank Plc has announced the appointment the...

Nigerian Business Community to FG: Use Ghana Trade Office to solve our problems

The Nigerian business community in Ghana has urged the federal government to...

Heirs Holdings tells story of transformational investment in Africa, launches its first-ever TV commercial

Heirs Holdings has launched its first-ever television commercial (TVC), showcasing the company’s...

Aig-Imoukhuede, co-founder, returns to Access Holdings as Chairman

Access Holdings PIc has announced the return of Mr. Aigboje Aig-Imoukhuede as...

CBN to sanction MfBs over late non-rendition of statutory monthly returns

The Central Bank of Nigeria (CBN) has directed all microfinance banks (MfBs)...

In a great leap forward, Heirs Holdings launches Heirs Technologies, set to lead Africa’s digital evolution

Heirs Holdings, a leading African investment company dedicated to improving lives and...

Transcorp Group announces listing of Transcorp Power Plc by introduction on Nigerian Exchange’s Main Board March 4

Transnational Corporation Plc (Transcorp Group) wishes to announce the listing of its...

CBN to sell N1.64trn Treasury bills in Q2 2024

The Central Bank of Nigeria (CBN) has said it will sell Treasury...