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Nigeria Targets 20-Hour Daily Power Supply by 2027 with Investment Reforms

Nigeria’s ambitious target of providing at least 20 hours of electricity daily by 2027 hinges on a significant boost in investments, especially in the oil and gas sectors.
Olu Verheijen, Special Adviser on Energy to President Bola Tinubu, recently underscored this at the Africa Energy Week in Cape Town, South Africa.
In a statement released by Abiodun Oladunjoye, the State House Director of Information and Publicity, Verheijen detailed the federal government’s plans to revitalize Nigeria’s power sector and improve electricity access for Nigerians.
Currently, Nigeria’s power grid is plagued by challenges, with its most recent collapse marking the 10th outage since the start of 2024.
The government has attributed these frequent failures to outdated infrastructure, a lack of regular maintenance, and chronic underinvestment.
Despite Nigeria’s impressive installed capacity of about 12,500 megawatts, only a fraction of this power is regularly generated, leaving vast areas of the country without stable electricity.
Verheijen noted that Nigeria is pushing to provide consistent power to urban and industrial areas as a cornerstone of economic development.
The government has a range of initiatives aimed at addressing these challenges.
For example, revenue collection reforms are underway to increase accountability, along with the deployment of seven million smart meters to minimize energy losses.
Additionally, there are plans to expand off-grid solutions to ensure remote communities have access to electricity, which will help bridge the gap in underserved regions.
Verheijen emphasized that recent macroeconomic reforms, including the removal of the petrol subsidy and foreign exchange liberalization, signal Nigeria’s readiness for a new era of growth.
She urged foreign investors to see these changes as an open invitation to partner with Nigeria, mentioning that the Tinubu administration is actively pursuing policies to attract investment.
As part of the broader Presidential Gas for Growth Initiative, the government is focusing on midstream and downstream investments, including in compressed natural gas (CNG), liquefied petroleum gas (LPG), and electric vehicles.
The administration aims to reduce dependency on petrol and diesel, particularly in transport, decentralized power generation, and cooking, while fostering demand for cleaner alternatives like electric vehicles.
While discussing Nigeria’s oil and gas potential, Verheijen compared the country’s performance to that of Brazil, which has managed to produce 131 percent more oil than Nigeria, despite having only 30 percent of its oil reserves.
This gap, she argued, is largely due to underinvestment.
She lamented the fact that since 2016, Nigeria has attracted only 4 percent of Africa’s oil and gas investments, whereas other, less resource-rich African nations have managed to capture a larger share of investor interest.
To reverse this trend, the Tinubu administration is implementing reforms aimed at making Nigeria’s oil and gas sector more competitive.
For the first time since the beginning of deepwater exploration in 1991, Nigeria is introducing a specific fiscal framework for deepwater gas projects, as well as incentives to stimulate investment in non-associated gas production.
Verheijen noted that these new policies are designed to increase investor confidence and unlock Nigeria’s potential, enabling international oil companies to bring more capital to Nigeria’s shores.
News
US Imports Eggs From Turkey and South Korea to Ease Shortage and Lower Prices

The US Secretary of Agriculture, Brooke Rollins, confirmed on Friday that the United States is importing eggs from Turkey and South Korea to address a shortage caused by avian flu, which has driven up prices nationwide.
Rollins stated that shipments from Turkey and South Korea have already started, adding that the White House is also negotiating with other countries to temporarily source more eggs.
“We’re talking about hundreds of millions of eggs in the short term,” Rollins said. The sharp rise in egg prices stems from several bird flu outbreaks that have forced American farmers to cull at least 30 million birds, tightening supply.
Egg prices became a hot topic during last year’s presidential campaign, with Donald Trump using the issue to highlight frustrations over the rising cost of essential goods under Joe Biden’s administration. After returning to the White House in January, Trump tasked Rollins with finding ways to boost the egg supply and bring down prices.
Since then, American interest in foreign eggs has increased. Poultry associations in Poland and Lithuania confirmed that US diplomats had reached out, exploring options for fresh egg imports. Katarzyna Gawronska, Director of Poland’s National Chamber of Poultry and Feed Producers, noted that egg shortages are affecting several countries.
According to the US Department of Agriculture (USDA), wholesale egg prices have dropped by nearly 50% since late February, suggesting that consumer prices may soon follow. The USDA accredited its strategy for the positive trend. Rollins mentioned that egg imports will stop once US poultry farmers can stabilize production and meet demand.
News
Trump Says Anyone Caught Sabotaging Tesla Cars Could Face Up to 20 Years in Prison

Former U.S. President Donald Trump has warned that anyone caught sabotaging Tesla cars could face up to 20 years in prison.
Trump made this statement on Friday through a post on his Truth Social account. He said, “People that get caught sabotaging Tesla’s will stand a very good chance of going to jail for up to twenty years, and that includes the funders. We are looking for you!”
This comes shortly after U.S. Attorney General Pam Bondi announced that three people have been charged with setting Tesla properties on fire using Molotov cocktails. Bondi described the attacks as “domestic terrorism” and vowed that those responsible would face the full weight of the law.
Earlier this week, Tesla CEO Elon Musk had also blamed “terrorism” after multiple cars caught fire at a Tesla facility in Las Vegas.
News
Everything You Need to Know About Tinubu’s State of Emergency in Rivers State

In March 2025, Nigeria’s political landscape was jolted by President Bola Tinubu’s declaration of a state of emergency in Rivers State, a pivotal region in the nation’s oil production. This unprecedented move, the first in over a decade, has been met with a spectrum of reactions, reflecting the complexity of the situation.
Genesis of the Crisis
The turmoil in Rivers State has been brewing for months, primarily due to a power tussle between Governor Siminalayi Fubara and factions within the opposition People’s Democratic Party (PDP).
Also, the discord escalated when state lawmakers initiated impeachment proceedings against Governor Fubara, accusing him of illegal budget presentations and issues related to the legislative chamber’s composition. This internal strife significantly hampered governance and stability in the state.
Compounding the political unrest, Rivers State experienced a surge in pipeline vandalism. Notably, a recent explosion on the Trans Niger Pipeline resulted in a fire outbreak, disrupting a major oil transportation route.
Furthermore, President Tinubu expressed concern over these incidents, mentioning the lack of effective action by the state government to address the sabotage, which poses threats to both the economy and environmental safety.
Presidential Intervention
In response to the escalating crisis, President Tinubu invoked Section 305 of the 1999 Constitution to declare a state of emergency in Rivers State on March 18, 2025. This action led to the suspension of Governor Fubara, Deputy Governor Ngozi Odu, and all members of the State House of Assembly for an initial period of six months.
Additionally, retired Vice Admiral Ibokette Ibas was appointed as the military administrator to oversee the state’s affairs during this period, with the judiciary remaining functional to ensure the rule of law.
Legislative Approval
Following the declaration, both chambers of the National Assembly—the Senate and the House of Representatives—endorsed the state of emergency.
Despite initial resistance from some opposition parliamentarians, the lawmakers acknowledged the necessity of the measures to address the pressing issues in Rivers State. The emergency rule is set to last for six months, during which the federal government will implement strategies to stabilize the region.
Diverse Reactions
The declaration has elicited a wide array of responses:
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Legal Community:
The Nigerian Bar Association criticized the suspension of elected officials as illegal, arguing that a declaration of emergency does not automatically dissolve or suspend elected state governments.
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Regional Organizations:
The Pan Niger Delta Forum (PANDEF) rejected the declaration, describing it as hasty and unjustifiable. They argued that the move was unnecessary and failed to address the real issues causing the political crisis in the state.
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Political Analysts:
Also, figures like Dr. Reuben Abati, former media aide to President Goodluck Jonathan, labeled the declaration as an “impeachable offence,” asserting that the president lacks constitutional authority to remove a state governor through such a proclamation.
Rivers State, located in the Niger Delta, is vital for Nigeria’s crude oil production. The region has faced issues of pipeline sabotage that disrupt production and exports.
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