Business Hilights
Tracking Nigeria's Headline Business News Online

I see potential for replication of bio-bean technology in Nigeria—Shell boss

The Managing Director of Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor, has expressed hope on the chances of the latest energy ideas through innovations and collaborations supported by Shell’s LiveWIRE programme coming to Nigeria to boost regime of smart energy.

Already, Shell and bio-bean are helping to power some of London’s buses using a biofuel made partly from waste coffee grounds, a development that has triggered renewed challenge to Nigerian beneficiaries of Shell’s LiveWIRE programme to join in the innovative search for bright energy ideas.

The innovation driven by Shell-bio-bean collaboration is part of Shell’s #makethefuture energy relay, which supports entrepreneurs turning bright energy innovations into a positive impact for communities around the world.

Giving insights on the emerging plan to deepen alternative energy in Nigeria, Okunbor averred that “By continuing the conversation on providing a wider, more sustainable mix of energy resources for the world’s growing population, Shell is provoking thoughts on tomorrow’s solution, and I see the potential for a replication of the bio-bean technology in Nigeria where more than 275 million cups of coffee are consumed in a year,” he said. “It is an indication that by rethinking our approach to waste, we can create smarter cities and a brighter future for our country.”

Business Hilights recalls that the bio-bean inventor, Arthur Kay, is a recipient of Shell’s LiveWIRE Innovation Award, which supports young entrepreneurs with pioneering ideas to create a brighter energy future. He described the bio-bean technology as “the fuel of choice for households looking for a high-performance, sustainable way to heat their homes – and now, with the support of Shell, bio-bean and Argent Energy have created thousands of litres of coffee-derived B20 biodiesel which will help power London buses for the first time.”

Additional details showed that in its 14-year history in Nigeria, Shell’s LiveWIRE has produced hundreds of entrepreneurs who benefited from business training and start-up grants, making them employers of labour. Three of the past beneficiaries were recently nominated for the 2017 Shell group Top 10 Innovators award where two of them — Precious Adeho, owner of Emobella Engineering Nig Ltd, and Atalor Ngozi Deborah of De-rahbs Energy Services won in the merit category.