News
FG to Invest $800 Million in Power Infrastructure, Targets 6,000 MW Capacity by Year-End
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.
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.
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Addressing the long-standing challenges in the sector, the minister emphasized that the fragile and outdated transmission and distribution infrastructure has been a major obstacle to industrial growth.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.
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.
News
Tinubu Visits Maiduguri After Devastating Flood
President Ahmed Bola Tinubu has arrived in Maiduguri to extend his sympathies to the government and people of Borno State following the devastating flood caused by the Alau Dam.
According to reports, the president touched down in Maiduguri at approximately 3:15 pm, where he was welcomed by Governor Babagana Zulum.
The flood, which struck earlier in the week, submerged large portions of Maiduguri, resulting in significant loss of life and widespread destruction of properties.
During his visit, President Tinubu is expected to pay a courtesy visit to the Shehu of Borno, Abubakar Umar-Garbai El-Kaneni.
From there, he plans to visit one of the camps set up to house those displaced by the disaster and offer support to the affected communities.
The flood has caused extensive damage across the state, leading the Borno government to establish 36 camps to accommodate the thousands of displaced individuals.
The president’s visit is seen as a significant gesture of solidarity, as efforts continue to provide relief to those impacted by the calamity.
The flood’s aftermath has been devastating, with residents struggling to recover from the destruction of homes and essential infrastructure.
Government agencies and humanitarian organizations have been working around the clock to provide relief, but the challenges remain overwhelming.
Many are hopeful that the president’s visit will not only bring much-needed aid but also shine a light on the urgent need for long-term solutions to prevent similar disasters in the future.
In the coming days, authorities will likely focus on rehabilitating displaced persons and reconstructing damaged areas.
News
President Tinubu Visits Maiduguri to Offer Condolences After Devastating Floods
President Bola Tinubu has arrived in Maiduguri to extend his condolences to the government and people of Borno State following severe floods. The disaster has caused widespread damage, affecting homes, hospitals, markets, schools, and other public facilities. Tinubu’s visit demonstrates the government’s commitment to supporting the region during this challenging time as efforts to provide relief and rebuild the affected areas continue.
News
First Lady Oluremi Tinubu Calls for Unity and Peace in Eid-el-Maulud Message
Nigeria’s First Lady, Oluremi Tinubu, has extended warm wishes to the Muslim community in celebration of Eid-el-Maulud, a significant event that marks the birth of the Holy Prophet Muhammad (SAW).
In her message issued from Abuja on Monday, Tinubu encouraged Muslims to reflect deeply on the Prophet’s teachings of love, kindness, and tolerance.
She highlighted how these values can help forge a more cohesive and harmonious society.
“As we come together to celebrate this year’s Maulud Nabiyy, we are reminded of the enduring principles of peace, compassion, and unity that the Prophet Muhammad embodied throughout his life,” Tinubu said.
The First Lady’s message was a call to embrace these ideals, suggesting that they are crucial for building stronger communities and a more united nation.
She expressed her hope that the blessings of this sacred occasion would bring joy and tranquillity to both homes and the country at large.
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