News
No Grid Collapse in Four Months – Power Minister Praise Nigeria Stable Electricity
Nigeria’s power sector has gone four straight months without a national grid collapse, according to Minister of Power, Adebayo Adelabu.
Speaking during the sixth Ministerial Press Briefing in Abuja, Adelabu said the country is seeing more stability in electricity supply due to better generation capacity and ongoing power sector reforms.
He highlighted a recent milestone where the grid handled 5,801.63 megawatts without crashing, a sharp contrast to the past when it would collapse at just 5,000 megawatts.
Adelabu also noted that the April 2024 tariff adjustment for Band A customers boosted revenue in the sector by 70 percent and helped reduce the tariff shortfall by N700 billion.
Meanwhile, the Minister of Information, Mohammed Idris, emphasized that reliable power remains central to President Tinubu’s goal of industrializing Nigeria.
News
Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
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Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
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