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FG to Invest $800 Million in Power Infrastructure, Targets 6,000 MW Capacity by Year-End

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The Federal Government has announced plans to invest $800 million in the development of substations and distribution networks as part of the Presidential Power Initiative (PPI).

This information was shared in a statement released by Bolaji Tunji, Special Adviser on Media and Strategic Communication to the Minister of Power, in Abuja on Sunday.

Tunji highlighted that the Minister of Power, Adebayo Adelabu, revealed the investment plans during his visit to the TBEA Southern Power Transmission and Distribution Industry in Beijing, China.

The minister is currently in Beijing attending the China-Africa Cooperation Summit, a platform focused on fostering collaboration between African nations and China.

According to Adelabu, the $800 million investment will be split into two equal parts: $400 million will go toward Lot 2, which encompasses the franchise areas of the Benin, Port Harcourt, and Enugu Distribution Companies (DISCOs), while the remaining $400 million will be allocated to Lot 3, covering the franchise regions of the Abuja, Kaduna, Jos, and Kano DISCOs.

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Adelabu expressed concern over the frequent rejection of power by DISCOs, a situation that recently caused a significant decrease in Nigeria’s power generation capacity.

The peak generation of 5,170 megawatts fell by 1,400 megawatts due to the inability of distribution companies to efficiently manage the power supply.

Despite this challenge, the minister assured that the government is determined to boost electricity generation and aims to increase capacity to 6,000 megawatts by the end of the year.

He reiterated the government’s commitment to collaborating with international organizations like TBEA to fulfil President Bola Tinubu’s vision for improving the power sector, particularly in transmission, distribution, and the renewable energy segment.

Adelabu reflected on Nigeria’s past struggles with power generation, pointing out that the country was only able to increase its capacity from 2,000 megawatts in 1984 to 4,000 megawatts after more than three decades.

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However, under the current administration, there has been notable progress, with power generation rising from 4,000 megawatts to 5,170 megawatts within just a year.

Addressing the long-standing challenges in the sector, the minister emphasized that the fragile and outdated transmission and distribution infrastructure has been a major obstacle to industrial growth.

This outdated system has contributed to the country’s unreliable power supply, affecting households, businesses, and industries alike.

Adelabu noted that more than 59% of industries in Nigeria have opted to remain off the national grid due to its unreliability.

Many of these industries have resorted to self-generation, relying on captive power sources to meet their energy needs.

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This situation has further underscored the urgency of improving the country’s power infrastructure to ensure a reliable and sustainable electricity supply across the board.


 

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First Lady Oluremi Tinubu Urges Super Falcons to Bring Home WAFCON Trophy

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Nigeria’s First Lady, Oluremi Tinubu, has urged the Super Falcons to give their all and bring home victory as they face hosts Morocco in the final of the 2024 Women’s Africa Cup of Nations at the Olympic Stadium in Rabat. With just 90 minutes standing between them and a record-extending 10th WAFCON title, the First Lady praised the team for their performance so far and encouraged them to finish strong.

In a video message shared on the Super Falcons’ official X account, she said, “My beautiful Super Falcons, congratulations on reaching the final. Your team spirit, dedication, and professionalism have been remarkable. You’ve become shining examples for young girls across Nigeria and Africa.”

She added, “As you take the field, may God grant you victory. Go and make us proud. Nigerians, including myself, are waiting to welcome you back with the trophy in your hands.”


 

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Abia State Unveils New Water Project in Okwoyi, Brings Relief to Residents

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Abia State recently welcomes new water project in Okwoyi Isieke Ibeku in Umuahia North LGA, for the first time in 130 years.

The project was carried out by the Abia State Ministry of Power and Public Utilities through the Abia Rural Water Supply And Sanitation Agency.

This project officially offered its residents clean and filtered water after many years of unclean water and unhealthy living.

The Abia State Commissioner for Power and Public Utilities, Ikechuckwu Monday, shared that this was a move to improve the living conditions of the residents and promote a healthy environment and living.


 

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Royal Family in Grief After Death of Literature Student and Cousin to Princes William and Harry

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The royal family, Prince William and Prince Harry, express sadness as they grieve over their 20-year-old cousin who passed away.

It was revealed that the young lady was found at the family’s home in Norton with a firearm found nearby. However, the involvement of a third party was ruled out after investigations were carried out.

The funeral has been scheduled for a later date, pending proper investigations. The family expressed grief as they mourn one of their own — a young lady who was a literature student at Durham University.


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