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iHUB Digital Hosts 6th PIBC to Drive Innovation and Entrepreneurship in Plateau

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iHUB Digital Solutions hosted the 6th edition of the Plateau Innovation and Business Conference (PIBC) and Awards on Sunday, May 4, 2025, at Crispan Suites and Event Centre in Jos, Plateau State. Themed “Reimagining Plateau’s Economy Through Entrepreneurship,” the event brought together a diverse mix of tech leaders, CEOs, economists, policymakers, scholars, investors, and entrepreneurs.

In his remarks, Sir Kim Musa Ndoh, Managing Director of iHUB Digital Solutions, emphasized the role of technology in shaping Plateau State’s economic future.

“The theme of this conference reflects our commitment to driving conversations on how technology can bridge the gap between economic challenges and opportunities in the state. PIBC 2025 is about harnessing the power of innovation to create economic stability, enhance productivity, and improve livelihoods,” he said.

A key highlight of the conference was the unveiling of Discover Plateau Magazine Vol. 1, anchored by Dr. Fish and themed “Beyond Highlands: Discover, Experience, and Invest in Plateau.” The magazine seeks to promote Plateau State as a destination for tourism, investment, and enterprise.

Discover Plateau Magazine is your ultimate platform to connect with travelers, investors, and professionals exploring the beauty and opportunities in Plateau. Whether you run a hotel, resort, real estate firm, or tour agency, this is your chance to increase visibility and grow your brand,” Dr. Fish added.

The event also recognized outstanding entrepreneurs, innovators, and organizations contributing to Plateau State’s economic development through a series of award presentations.

Barr. Olivia Dazyam, Executive Chairman of the Plateau State Gender and Equal Opportunities Commission, was represented by Nene Dung, Director of Media and Investigation, who also serves as Chairperson of the Nigerian Association of Women Journalists (NAWOJ), Plateau State. She advocated for greater gender inclusivity in business.

“Gender inclusivity provides access to a wider talent pool. But it doesn’t end with equal employment — workplace policies must consider the unique needs of each gender. Women are the highest spenders globally. Why not employ them to help bring in ideas that attract fellow spenders? It’s time women not only consume but own the market,” she stated.

Datong Dominic Gwaman, Director General of the Plateau State Information and Communication Technology Development Agency (PICTDA), stressed the importance of digital transformation tailored to local realities.

“Digital inclusivity in business goes beyond tech gadgets. It’s about reaching markets beyond your locality. We must stop blindly adopting foreign ICT models and start creating solutions for our unique challenges,” he said, encouraging partnerships between entrepreneurs and the agency.

Prof. Emmanuel Oki, Director of the Centre for Entrepreneurship Studies, urged the government to invest in human capital and equip graduates to become job creators. He also called for stronger financial support for key sectors to strengthen Plateau’s competitiveness on a global scale.

Other notable speakers included:

  • Caroline Dafor, Commissioner for Women Affairs and Social Development
  • Samson Ishaku Bugama, Commissioner for Agriculture and Natural Resources
  • Nde Ezekiel Gomos, Executive Director, Jos Business School
  • CEO of Closet for Queens

Entrepreneurs also had the opportunity to pitch their ideas during the conference, with standout presentations from:

  • Jos Carry Hub – for its work in manufacturing and training in school, laptop, and travel bags
  • Go Gas Nigeria Enterprise – offering safe and timely gas delivery services
  • Blessing Fashion World – providing fashion design and training services

The 6th PIBC concluded on a hopeful note, emphasizing innovation, collaboration, and inclusive growth as critical drivers of Plateau State’s economic future.

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Dangote refinery raises processing capacity to 700,000 barrels per day

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Dangote Petroleum Refinery and Petrochemicals says it has increased its crude oil processing capacity to 700,000 barrels per day (bpd), surpassing its installed nameplate capacity of 650,000 bpd following a performance assessment by its process licensors.

The development marks a significant operational milestone for the refinery, which is widely regarded as the world’s largest single-train petroleum refining facility.

In a statement shared with PREMIUM TIMES on Thursday by the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, the company explained that the increase demonstrates the refinery’s ability to process additional feedstock while optimising performance across its production units.

In his remark, Vice President, Oil and Gas at Dangote Industries Limited, Devakumar Edwin, said the refinery’s latest output increase forms part of a broader expansion strategy aimed at scaling capacity to 1.4 million bpd within the next 30 months.

Mr Edwin said the proposed expansion could position the facility among the largest refining complexes globally, while strengthening Nigeria’s drive for energy self-sufficiency.

“The refinery’s growth trajectory reflects a deliberate move toward continental and global refining dominance, not just domestic supply sufficiency,” he said.

The announcement of reaching 70, 000 capacity comes a few days after the refinery chief executive disclosed that the production target of 70,000 barrels per day would be reached by 2028.

On Tuesday, the refinery CEO, David Bird, while speaking during the S&P Global Energy Middle East Petroleum and Gas Conference in London, said the refinery is currently operating at full nameplate capacity and is planning what he described as a “ruthless replication” strategy to expand output.

“We will bring 700,000 barrels per day of fully complex refining capacity on stream by the end of 2028,” he said, adding that long-lead equipment has already been procured while construction contracts are being awarded.

He added that the group could eventually increase refining capacity to 2.1 million bpd, supported by plans for another refinery in East Africa, positioning the company as a major player in global crude and refined product markets.

“Nigeria has gone from fuel scarcity to absolute fuel abundance since the Dangote refinery came online,” Mr Bird said.

According to Kpler data cited last month, the Dangote Petroleum Refinery exported an estimated 57 million barrels of jet fuel between April 2024 and April 2026.

The data showed exports rose from about 20,000 barrels per day in April 2024 to around 65,000 barrels per day by the end of that year before peaking at approximately 160,000 barrels per day during the review period.

The figures highlight the growing role of refined petroleum exports in Nigeria’s energy sector, particularly aviation fuel, as the country seeks to strengthen domestic refining capacity and reduce dependence on imported products.

Expansion plans and export ambitions

Owned by industrialist Aliko Dangote, the refinery commenced fuel production in 2024 and has since expanded output to include petrol, diesel, aviation fuel, and other refined petroleum products.

The company said the facility now supplies both domestic and international markets, exporting refined products to several African countries and to European destinations, including the United Kingdom, France, Spain, Italy, and the Netherlands.

It also said refined products from the facility have reached markets in the United States, while jet fuel exports have extended to Saudi Arabia.

Dangote Industries argued that the refinery has increasingly played a stabilising role in regional fuel markets amid supply disruptions linked to geopolitical tensions in the Middle East, with more African countries turning to the facility for energy security.

Growing global footprint

The refinery’s rising output has further strengthened its position in global fuel markets.

The company noted that the facility emerged as the world’s largest exporter of jet fuel in April, citing data from S&P Global Commodities.

Industry analysts say the refinery’s operations have already contributed to reducing Nigeria’s reliance on imported petroleum products, easing pressure on foreign exchange demand and improving local fuel availability.

As production volumes increase, the refinery has also attracted stronger engagement from international crude suppliers and commodity traders, sourcing feedstock from both domestic and foreign producers to sustain rising throughput.

Dangote Industries said the planned expansion to 1.4 million bpd by 2028 is expected to generate broader economic benefits, including job creation, increased industrial activity and improved trade balances.

The refinery also expects to deepen downstream industrialisation through increased supply of liquefied petroleum gas (LPG), polypropylene and other industrial feedstocks used in manufacturing.

Plans also include production of Linear Alkylbenzene (LAB), a key raw material used in detergent manufacturing, as part of efforts to expand the country’s petrochemical value chain.

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NERC to set net billing regulations, boost renewable energy

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The Nigerian Electricity Regulatory Commission (NERC) will kick off the Net Billing Regulations 2026 to strengthen energy security and expand renewable energy nationwide.

The commission announced its plan in a public notice on Wednesday, addressed to electricity consumers, distribution companies, renewable energy developers, commercial and industrial customers, and the general public.

According to NERC, the regulations establish a framework that enables eligible electricity customers, referred to as “prosumers,” to generate electricity primarily through renewable energy sources such as solar photovoltaic systems for their own consumption while exporting excess electricity to distribution networks under a net billing arrangement.

“The Nigerian Electricity Regulatory Commission (NERC) hereby notifies electricity consumers, distribution companies, renewable energy developers, commercial and industrial customers, and the general public of the commencement of the Net Billing Regulations 2026.”

NERC further stated that the new framework is designed to promote the adoption of renewable energy technologies, enhance energy security, and reliability for electricity consumers.

Similarly, the regulators explained that the move was aimed at encouraging private sector participation in distributed electricity generation, supporting efforts to reduce greenhouse gas emissions and facilitate efficient integration of renewable energy systems into distribution networks.

Eligibility requirements:

To participate in the net billing scheme, the commission explained that customers must be connected to the network of a licensed electricity distribution company.

Moreover, the customers must install renewable energy systems that comply with technical standards and regulatory requirements; deploy renewable energy systems with installed capacities ranging from a minimum of 50 kilowatt peak (kWp) to a maximum of 1.5 megawatt peak (MWp).

Besides, the customers are also required to obtain approval from the relevant distribution company and execute a Net Billing Agreement and register with NERC.

The commission said interested customers are expected to apply through their distribution companies for technical feasibility assessments before approval.

“Upon approval and execution of a Net Billing Agreement, the applicant shall register with NERC in accordance with the provisions of the Regulations.”

Metering/compensation

NERC said approved participants would be provided with bidirectional net meters to measure electricity imported from and exported to distribution networks.

The commission added that surplus electricity exported to the grid would attract credits based on export tariffs approved under the regulations.

The move comes amid increasing interest in decentralised power generation and rising adoption of solar energy solutions among households and businesses seeking alternatives to unreliable grid supply.

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