Featured
Our Big Data Products will boost Nigeria’s oil revenues if…. Huawei
Joel Ajayi
Technology solution provider, Huawei has stated that Nigeria can leverage its Big Data products to improve oil revenue as part of its digital transformation technology solutions available for the oil and gas sector.
Until 2020, the Nigerian National Petroleum Corporation (NNPC) had been operating for 44 years at a loss which experts say, is occasioned mainly by inefficiencies in the system.
The NNPC’s turn to profitability, revealed in its 2020 Audited Report – released in September 2021 – can be further strengthened by the application of data and digital transformation technologies.The solutions can deliver a boost in Nigeria’s oil production of up to five percent and improve revenue by up to $200 million annually.
Enterprise Managing Director of Huawei Technologies Company Nigeria Limited, Michael Zhuang, revealed this at the 2020 Nigeria International Petroleum Summit, NIPS, saying that the company has been operating in Nigeria for over two decades supporting local and international companies with latest technology.
Zhuang, at the session hosted by Hauwei with the theme: Driving Data to Barrel, said Huawei “is dedicated to promoting digital transformation and reducing the digital gap in all industries.The project aims to build fully connected intelligent oil and gas ecosystems.
“In Nigeria, we have partnered with both International and local oil Companies in Upstream, middle stream and downstream to promote Oil & Gas digital transformation and we remain committed to continuously provide our support and innovation”.
He noted that the company’s Oil & Gas solutions have been applied in 45 countries and regions around the world, serving 70 percent of global top 20 oil and gas companies.
“We have incorporation to build more than 46,000 KM of Digital Pipelines Globally”, he added.
On how the company intends to plan to drive data to barrel, he said for upstream the company would speed up oil search and search accuracy.
“For Production data, we increase production and reduce costs and for Pipeline data, we monitor oil depot data to reduce oil stealing and oil leakage. With emerging trends like Big Data, IoT, AI, 5G and Cloud, Oil & Gas industry players can improve oil well drilling efficiency and HSE management.”
“Huawei’s mission is to promote digital transformation and reduce the digital gap across all industries. For the Oil & Gas industry in Nigeria we have several targets such as; improving production by about 5% to boost revenue and the GDP; HSE can be greatly improved to reduce accidents for a safer and more secure Oilfield; O&M cost can be reduced each year to 15 Million in total; Visualization, Monitoring and Security Management of Pipeline and Full process of Oil Depot; Curbing of vandalism and Oil leakage for Oil Pipelines by providing innovative solutions which can monitor illegal operations in Oil Depot, thereby significantly reducing oil tampering; Ensure the E&P processing speed will be reduced from the average hour level to the minute level; Improve E&P processing accuracy, that is, E&P Data processing error rate will be reduced from an average of 10% to 2%; help E&P companies to find oil more accurately and faster to realize Data to Barrel.”
Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. Huawei has more than 197,000 employees, operating in more than 170 countries and regions, serving more than three billion people around the world.
Featured
Nigeria’s Historic Bid for the 2030 Commonwealth Games: A Call for National and Global Support
Joel Ajayi
Nigeria is poised to make history as it seeks to host the Centenary Commonwealth Games in 2030, a monumental opportunity that promises to transform the nation’s economy, infrastructure, and global standing.
More than a sporting spectacle, the Games would serve as a catalyst for development across multiple sectors, leaving behind a legacy of national pride and sustainable growth.
The benefits of hosting the Games extend far beyond the sports arena. Nigeria stands to gain both empirical and non-empirical advantages, with direct, indirect, and induced impacts that will touch every corner of society. Infrastructural development will take center stage, with new facilities such as indoor sports halls, conference centers, and improved road networks reshaping urban landscapes while strengthening the nation’s capacity to host future international events.
Economic growth is another significant dividend. Over 10,000 jobs are expected to be created, spanning construction, facility management, event planning, and tourism services.
The hospitality industry will undergo major improvements as hotels and resorts are upgraded to meet international standards, while local restaurants, lounges, and tourist attractions will see a surge in patronage from international visitors. Small and medium enterprises, particularly in the transport, finance, and food service sectors, will become some of the greatest beneficiaries, as the Games generate new demand and expand opportunities for local businesses.
The Commonwealth Games will also accelerate the growth of Nigeria’s sports industry.
Investments in training facilities, coaching, and talent development will inspire a new generation of athletes, ensuring long-term benefits that extend beyond 2030, a major focus of the President Bola Tinubu administration.
At the same time, the process of preparing for the Games will create opportunities for Nigerians to learn new crafts, acquire technical skills, and engage in global-standard event management, thereby strengthening human capacity and innovation across industries.
Mallam Shehu Dikko, Chairman of the Nigeria Sports Commission, and Hon. Bukola Olopade, the Director General, have been widely recognized for their tireless and visionary leadership in repositioning Nigeria’s sporting sector.
Their commitment to facilitating infrastructural development and strengthening grassroots sports development has laid the foundation for Nigeria’s bold bid to host the 2030 Commonwealth Games. Under their leadership, the NSC is fostering strategic partnerships and driving innovation in sports administration, they have demonstrated the nation’s readiness to stage an event of such global magnitude.
Beyond the tangible gains, the hosting of the 2030 Commonwealth Games carries profound symbolic value. It would be a moment of unity and pride, a chance for Nigeria to showcase its cultural richness, resilience, and excellence to the world.
As a centenary edition, the Games would stand as a historic milestone not just for the Commonwealth but for Nigeria itself, cementing its place on the global stage as a capable, ambitious, and forward-looking nation.
The gains from hosting the Commonwealth Games can never be undermined or overemphasized. This is Nigeria’s time to step forward and show the world our resilience, and excellence. We call on every Nigerian, across sectors and communities, to support this noble aspiration.
Nigeria’s pursuit of the 2030 Commonwealth Games is a vision for transformation, a blueprint for national development, and a legacy project that will inspire generations to come.
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