Connect with us

Business

ECOWAS: West Africa’s Green Hydrogen Production, Sets Ambitious Target For 2030

Published

on

Spread the love

 

The Economic Community of West African States (ECOWAS) has expressed its commitment to emplacing needed infrastructure that would ensure that the regional renewable energy target is achieved.

Speaking at the capacity building workshop for private sector actors on green hydrogen, the regional body said its plan is to produce 0.5 million tonnes of green hydrogen per year by 2030.

 

The Regional Coordinator for Renewable Energy and Green Hydrogen at West African Science Service Centre on Climate Change and Adapted Land Use (WASCAL), Dr Bruno Korgo, noted that the region has huge potential in terms of renewable energy like solar, wind, hydrogen and so on.

 

Korgo said that this potential constitutes a good basis to go for green hydrogen production because it is considered as the vector for decarbonising a lot of sectors across the world.

He said: “In the West African Green Hydrogen Policy, the target is for West African region to be able to produce by 2030, 0.5 million of tonnes of green hydrogen per year and by 2050, 10 million tonnes per year. This policy has been adopted by our heads of state.

 

“But the ministries of energies have to work to make it happen and that is why we are partnering government and private sector to join hands so that we may reach our goal.

 

“This unique energy is today perceived as the energy of the future. The opportunity to produce, use and export green hydrogen to other demand centres appear like an opportunity for West Africa region to start now to think about green hydrogen to harness its potentials and also capture the future energy market that is coming with regard to green hydrogen demand.”

 

The Assistant Director in Nigeria’s Ministry of Power, Temitope Dina, said the federal government is ready to harness the immense potentials in green hydrogen to drive economic growth, energy security and environmentally sustainable West Africa.

Dina said this target has been marked by dedication, collaboration and a clear understanding of the pivotal role green hydrogen will play in the energy future.

 

According to Dina, “Green Hydrogen stands at the forefront of global transition to clean energy. It offers the promise of reducing carbon emission, diversifying our energy source and also fostering innovation.

 

“In our region, with its abundant renewable energy resource, green hydrogen could be a game changer. This could simulate our local economy, industries, create jobs and provide significant boost to our economies across West Africa.

 

“This workshop represents a critical opportunity for us to deepen our understanding of the green hydrogen technology, explore best practices and build the partnership necessary for the successful implementation of the green hydrogen policy and strategies.”

On his part, the Executive Vice Chairman of SIDIL Energy Alternatives Limited, Alhassan Dantata, said green hydrogen is the last option of the globe to transit to clean energy.

 

Dantata said Africa must play its role in achieving this milestone, stressing that: “Africa played different roles in the three past industrial revolutions, the role we played was that we were the catalyst because men and women were enslaved and our raw materials were taken away to develop other parts of the world.”

 

He added that: “But the beautiful part of this energy we are discussing about is that this is something you have to have your foot on the ground because Africa now has what you can’t take away. We have the wind; the sun and we have the water and you can’t take that away.

“We have the sun 365 days in a year. We have the wind because coming from the Sahara, we have the northeast trade winds that always keep the wind mines on 24/7 and so we got no excuse. We should be the frontrunners in green hydrogen.

 

“Africa should be about to export power through submarine cables just like we are importing bandwaves from Europe. We should be giving them power because we have the sun, the wind and the water.

 

“It is just our will. Do we have the political will, the right mindset and can we collaborate to make it happen. From what I have observed over a period of three to four years, the killer effect in Africa is just two – tribalism and religion. If we can overcome that, Africa will be great.”

Business

BINATONE Announces Special One Month Black Friday Deals!

Published

on

Spread the love

 

 

Global Appliances Nigeria Limited, manufacturers of Binatone products has, announced an exciting Black Friday deals.

 

The company’s Managing Director, Mr Prasun Banerjee, said the offer cut across Its Full Range of Smart Home Appliances.

“Binatone, one of Africa’s most trusted appliance brands for over 52 years, is delighted to announce its Black Friday Mega Sales offering amazing discounts across all key supermarkets and leading electronic stores nationwide” Mr Banerjee said in a statement.

The promotion will be from November 6th to december 6th, 2026.

During this period, Mr Banerjee said customers will have a full month to enjoy unbeatable prices on a wide range of Binatone products.

“From energy solutions to kitchen essentials, Binatone will bring exceptional value and innovation to every Nigerian home this festive season,” he added.

According to him, this year’s Black Friday promotions will feature exciting offers across multiple categories stressing that Shoppers can enjoy great discounts on stand fans equipped with mosquito-repellent and air-freshness features, including the newly introduced AD 1601 AC/DC Fan, which can be linked to a solar panel for clean, free air.

“The rechargeable fan range, available in three models with replaceable lithium-ion batteries, recharges in just four hours and provides up to ten hours of cooling—enough to last the whole night,” Mr Banerjee added.

For kitchen lovers, he said the KC6000 Yam Pounder/Fufu Maker promises quick, hygienic, and effortless meal preparation while the air-fryer series, available in three models, requires just a teaspoon of oil to make crispy, tasty, and healthy fries.

“Binatone’s cool-touch kettles, models CEJ 1799 and CEJ 1700T, come with elegant digital displays and are designed for safety and convenience, he added.

To protect valuable home appliances, he disclosed that Binatone’s power range offers stabilizers in 2 KVA and 5 KVA capacities and surge-voltage protectors in 13 A30 A ratings—ideal for air conditioners.

“The company’s newly launched Power Stations, available in 1.8 KVA and 2.4 KVA variants, provide portable, plug-and-play power with solar-charging capability, ensuring reliable backup power for homes, small offices, and outdoor use”

He disclosed that customers will also find irresistible discounts on Binatone’s dry and steam irons, garment steamers, and microwave ovens thar are perfect for everyday household needs.

“The breakfast-essentials range features pop-up toasters, sandwich makers, and juicers designed to make mornings easier,” he stated. He announced that the high-powered blender collection includes durable, unbreakable jugs capable of smoothly blending hard nuts and beans.

“Additionally, Binatone has introduced the Tefal Cookware Range, offering premium non-stick pots and pans for healthy cooking, along with Freeplay solar-powered lanterns and torches, ensuring every home remains bright and energy-efficient

“Binatone’s Black Friday celebration is our way of thanking loyal customers for their trust over the years,” Mr Banerjee added.

“We are bringing quality, affordability, and innovation together, thus making this season the perfect time to upgrade your home.

”All Binatone products comes with a two-year warranty, giving customers additional peace of mind and assurance of lasting quality.

“Don’t miss these amazing Black Friday offers, available for a limited time at all major supermarkets, electronic stores, and online platforms across,” he stated.

Continue Reading

Business

Wema Bank’s Top 21 Hackaholics 7.0 Grand Finale Finalists Emerge

Published

on

Spread the love

 

 

Wema Bank, Nigeria’s oldest indigenous bank and pioneer of Africa’s first fully digital bank, has unveiled the Top 21 finalists for Hackaholics 7.0, who will compete at the grand finale scheduled for Friday, November 6, 2026, in Lagos. Themed Festival of the Future, the grand finale will bring together innovators, technology leaders, startup founders, investors and key players in Nigeria’s innovation ecosystem for an immersive celebration of ideas, technology and the possibilities shaping the future.

 

The Top 21 finalists are: Dynalimb, Harthiq, Acceede, Vhorde, URI, Trarrk, SocialSign, RaverPay, All-Arbitrates, CitizensGage, Craft-Planet, FOID, PayByPalm, Niteonn, Nexa-AI, Neural-Forge, MamaAlert, JolliFlow, Becca, CropiQ and Middleman.

Hackaholics is Wema Bank’s youth and start-up-focused initiative, designed to provide young innovators with a platform to transform creative, technology-driven ideas into practical solutions to real-world challenges and gain a competitive edge in the global technology and digital space. Since its launch in 2019, the initiative has recorded over 21,000 applicants, engaged more than 50,000 participants, supported over 10,000 startups across three countries and developed more than 100 solutions from scratch.

The 7th edition, which commenced on July 1, 2026, attracted 5,329 participants and generated 1,632 innovative ideas and solutions across seven pitch-centre locations: Uyo, Kano, YabaTech, Benin, Ibadan, Enugu and Lagos. Following the nationwide tour, 59 participants emerged from the various centres, with the Top 21 selected through a rigorous, multi-stage evaluation process.

The Hackaholics 7.0 grand finale week will feature a three-day programme of strategic engagement and innovation-focused activities. On Wednesday, November 4, the finalists will participate in the Pre-Pitch, where they will present refined versions of their solutions. This will be followed by the Ecosystem Tour on Thursday, November 5, powered by Wema Bank, offering participants the opportunity to visit leading institutions within the technology and innovation ecosystem, interact with industry professionals and gain practical insights ahead of the final competition. The programme will culminate in the grand finale on Friday, November 6, where outstanding innovators will be recognised and celebrated.

Through Hackaholics, Wema Bank continues to demonstrate its commitment to advancing Nigeria’s innovation ecosystem by identifying emerging talent, creating opportunities for young innovators and supporting the development of solutions to real-world challenges. The initiative reinforces the Bank’s role in empowering the next generation of innovators and building an ecosystem where ideas can thrive and possibilities become reality.

Continue Reading

Business

Sanusi Warns FG Against Spending Without Restraint

Published

on

Spread the love

 

 

Emir of Kano, Alhaji Muhammadu Sanusi II, has implied that the Federal government may not be able to achieve it’s economic reform dream if it maintains it’s present expenditure rate, declaring that Nigeria could not pursue fiscal consolidation while continuing to spend without restraint.

 

Speaking virtually to the audience at the Oxford Global Think Tank Leadership Conference, organised by the Oxford Global Think Tank, on Tuesday, the monarch said reform must go beyond removing fuel subsidies and liberalising the exchange rate, describing it as a comprehensive package that needed to address many other areas.

He said government needed to make clear spending priorities, choosing between roads, electricity, agriculture, and technology based on available resources.

The Emir also raised concerns about the size of government expenditure, saying Nigeria could not pursue fiscal consolidation while continuing to spend without restraint.

He said the World Bank had pointed out that in the first half of this year Nigeria’s debt service consumed 124 per cent of federal government revenue.

Sanusi warned that the country needed to urgently address the sustainability of its debt and pursue structural reforms that had not yet been made.

The former CBN boss said every $10 billion spent on roads was $10 billion taken away from electricity and agriculture, stressing the need for deliberate choices.

Sanusi acknowledged that Tinubu’s economic reforms had produced measurable progress, citing improvements in GDP growth, inflation, and foreign reserves.

He said GDP growth has risen from an average of 0.9 per cent under the previous administration to 4.5 per cent, describing the change as progress that deserved recognition.

“I think moving from an average growth rate of 0.9 per cent to 4.5 per cent is progress. Moving from inflation of over 30 per cent to 14.5 per cent is progress.”

“Moving from the point where in 2023 the central bank’s reserves were maybe negative to where we are now having reserves of $55 billion is progress.”

He, however, stressed that issues such as poverty, hunger, maternal mortality, malnutrition, education and healthcare remained serious concerns that the reforms has not yet addressed.

Sanusi said the government should have designed social safety net policies to soften the impact of reforms on vulnerable Nigerians from the beginning.

The former CBN boss also advised the government to tolerate constructive criticism,warning the Federal Government against treating every comment about it’s workings as an attack on President Bola Tinubu.

“It’s not every time people talk about poverty or talk about difficulty that they’re just enemies of the government or making an attack on the president. That is not how to respond to economic distress,” he said.

Continue Reading

Trending

Copyright © 2026 TheColumn NG