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Tinubu Stops Electricity Tariff Hike, Insists On Subsidy

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, recently halted the implementation of a hike in electricity tariff and insisted that subsidy be paid on power consumed nationwide, the Minister of Power, Adebayo Adelabu, revealed on Wednesday.

The Minister also stated that the Federal Government would investigate the legality of the five-year licence extension given to privatised power distribution and generation companies, stressing that the operating licences of the firms would have expired on October 31, 2023.

The minister, who spoke at a press briefing in Abuja, further stated that he would sack any non-performing chief executive in agencies under the power ministry, if their non-performance would make him lose his job as minister.

Speaking on the call for a cost reflective tariff, which would lead to a hike in the amount payable for power, Adelabu said, “The power sector is an industry that is very sensitive to any leader.

“You cannot jump overnight and implement the cost reflective tariff. I can tell you that till today the government still subsidises power. Tariff should have been raised months back, but Mr President said until we are able to achieve regular and incremental power supply we can’t touch the tariff.

“So the there is a gap between the cost reflective tariff that we are supposed to charge and the allowed tariff. That huge gap the government is still handling it as subsidy. This affects liquidity in the system, investments and causes so many constraints.”

He noted that the non-implementation of this was actually causing liquidity crisis in the sector, but stressed that the President had refused to allow a raise in electricity rate.

“Now, I never said that it is not yet time to charge cost reflective tariff. Rather, I said cost reflective tariff is supposed to have been implemented months ago because it is the source of liquidity to the system.

“But for political reasons and empathy, you cannot cause additional burden on Nigerians. We just had the removal of fuel subsidy, we are talking about exchange rate skyrocketing, galloping inflation and so many others that bring hardship to the people.

“And Mr President is trying to relieve this hardship through various forms of palliatives. So it is not politically expedient and reasonable to now implement a tariff that is more like dumping the existing tariff.

“We are now paying about N70 (per kilowatt-hour), and it can never be less than N130 or N140 at the exchange rate of today if we are to implement a cost reflective tariff. Because part of the reasons for an increased tariff is the price of gas, which is paid in dollars,” Adelabu stated.

He explained that as at today, 75 to 80 per cent of Nigeria’s power was from gas power plants, “and their raw material is gas. So, once exchange rate goes up, the cost of gas also goes up and it affects the tariff.”

He, however, pointed out that tariff would be increased at the appropriate time, which would be after a lot of sensitisation and communication with the public, adding that there must also be an assured incremental and regular supply.

The minister said the about 4,000 megawatts power generation in Nigeria was shameful and unacceptable, noting that efforts were being made to increase this.

He stressed that any senior official in the ministry and its agencies who fails to deliver would have to leave, as the President had told his ministers that they must perform or be fired.

“I’m using this medium to tell my colleagues who will work with me that if your activity is not supporting my retention, you’ll leave before me. Because for me, I don’t wait to be sacked, the moment I’m not performing, I’ll leave honorably.

“But before I leave I’ll explore every opportunity to ensure I deliver, because this is not personal, this is national and national interest must prevail. So all the players in the power sector must support my vision, so that I can support Mr President’s vision,” Adelabu stated.

The minister maintained that the privatisation of the power sector in 2013 was a mistake, stressing that commercialisation should have been better.

He, however, noted that the Federal Government could still take control of the power distribution companies despite owning 40 percent stake in the various firms.

He said the government might also carry out a review of the territorial coverage of the Discos, as most of them were handling so large territories and were delivering below expectation.

The minister said when he resumed office, the licences of the privatised power firms which he saw were for 2013 to 2023, but along the line he got to hear that there was an extension by another five years.

He said this was being investigated, adding that the government would sit with the private sector operators to agree on a performance bond which the power firms must meet.

“That is what actually matters to us now, but I can tell you that I’ve ordered an investigation into the extension of the licences, (which was) not by this administration. So we want to investigate what truly happened.

“How legally correct was it, how contractually correct was the extension?” Adelabu stated.

Whether Nigeria had started supplying power to Niger Republic, the minister said, “We have not started. We are just messengers, when they ask us to resume, we will resume.”

He said the situation in the affected country was still being monitored by the Federal Government.

According to statistics from the National Bureau of Statistics, total number of electricity customers in Q1 2022 stood at 10.63 million and 10.81 million in Q2 2022, showing a rise of 1.67 per cent on a quarter-on-quarter basis.

On a year-on-year basis, customer number in Q1 2022 declined by 1.36 per cent from Q1 2021 (10.78 million), and also fell in Q2 2022 by 2.27 per cent from Q2 2021 (11.06million).

Metered customers stood at 4.79 million in Q1 2022 and 4.96 million in Q2 2022, indicating a 3.53 per cent increase on a quarter-on-quarter basis.

Electricity supply declined compared to 6,172.19 (Gwh) and 5,882.57 (Gwh) reported in Q1 2021 and Q2 2021 respectively. Revenue generation by the DISCOs stood at 204.74 billion in Q1 2022 and 188.41 billion in Q2 2022. This shows a fall on a quarter-on-quarter basis by 7.97 percent. On a year-on-year basis, revenue collected rose by 11.42 percent and 1.71 percent respectively from 183.74 billion Q1 2021 and 185.24 billion in Q2 2021.

 

Credit: The Punch

BIG STORY

Ibadan Deadly Stampede: Oyo State Government Arrests Organizers Of Children’s Party

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The Oyo State Government has announced the arrest of the organisers of a children’s party in Ibadan that led to the death of approximately 30 children.

The tragic stampede occurred at a children’s Christmas party in Ibadan, the Oyo State capital. The incident took place on Wednesday morning at the Islamic High School in Bashorun, Ibadan.

It is understood that the party was organized by “Queen Naomi Silekunola Ogunwusi,” the ex-wife of the Ooni of Ife, in collaboration with “Agidigbo 88.7 FM,” Ibadan, owned by “Oriyomi Hamzat.”

Confirming the development, Governor Seyi Makinde stated that the main organisers have been taken into custody. He also revealed in a statement that the government has initiated a thorough investigation into the matter.

The statement said: “Earlier today, an incident occurred in Islamic High School Basorun, the venue of an event organised for families. Sadly, a stampede at the venue has led to multiple loss of lives and injuries.

“This is a very sad day for us here in Oyo State. We sympathise with the parents whose joy has suddenly been turned to mourning due to these deaths.

“We have taken steps to ensure no further deaths are recorded at this venue by deploying security agents to restore order at the venue. We also deployed medical personnel and ambulances to the venue. The event has been stopped, and attendees have been escorted out of the venue. We are taking all realistic measures to ensure that the venue is secured.

“While investigations are ongoing, the primary organisers of the event that led to this stampede have been taken into custody.

“I want to reassure our people that anyone directly or remotely involved in this disaster will be held accountable. Please remain calm as the security agencies investigate this unfortunate incident.”

“Our hearts remain with the families and loved ones impacted by this tragedy. May the souls of the departed rest in peace. Amen,” Makinde added.

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How Tokunbo Wahab Has Been Tackling Lagos’ Environmental Challenges — By Babajide Fadoju

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As the year 2024 winds down, Barrister Tokunbo Wahab, the Lagos State Commissioner for Environment and Water Resources, has cemented his position as one of the State’s most impactful leaders.

At a time when Lagos faces immense challenges ranging from waste management to flooding, Wahab has not only spearheaded transformative policies but has actively driven their implementation with visible results.

His hands-on approach and commitment to sustainability have reshaped the environmental landscape of the bustling megacity, earning him recognition as a leader who prioritizes action over rhetoric.

This year, Lagosians witnessed a determined fight against pollution, a bold restructuring of waste management systems, and an unwavering commitment to enforcing environmental laws. Under Wahab’s stewardship, the Lagos State Ministry of Environment and Water Resources has not only addressed long-standing issues but has also set a foundation for future resilience. This is not mere administration —it is leadership rooted in urgency, creativity, and a deep understanding of the environmental and infrastructural challenges facing the state.

As Lagos grapples with rapid urbanization, climate change, and the pressures of being Nigeria’s economic hub, Wahab’s efforts remind us that sustainable development is achievable when there is political will and a sense of purpose. From innovative waste-to-wealth initiatives to tackling open defecation and protecting Lagos’ green spaces, here’s an in-depth look at what Wahab has accomplished in 2024 and why his leadership matters.

Transforming waste management and sanitation: Waste-to-wealth initiatives and partnerships

This year marked a turning point in Lagos’ approach to waste management. Wahab, as the Man in charge of Environment, introduced waste-to-wealth programs designed to convert the City’s 13,000 tons of daily waste into valuable resources such as compost, energy, and recyclable materials.

Collaborating with private-sector partners, the state signed agreements to establish modern recycling plants and waste conversion facilities, creating a model that not only addresses waste disposal but generates economic opportunities. These initiatives have also provided jobs for informal waste pickers, integrating them into the formal economy.

Single-use plastics ban

In January 2025, Lagos will officially ban single-use plastics—a significant policy shift announced by Wahab this year. To prepare for this transition, his ministry launched an extensive public education campaign targeting businesses and residents, raising awareness about the environmental hazards of plastic waste. The ban, coupled with expanded recycling programs, is expected to significantly reduce plastic pollution, which has long plagued the city’s drainage systems and waterways.

Flood mitigation through better drainage systems

Flooding has been a perennial challenge in Lagos, particularly during the rainy season. Wahab’s leadership saw a proactive response, with major drainage systems cleared across the state.

Notable projects include the restoration of System 6C (Lord Chosen Canal) and work along the Orchid Corridor, areas notorious for heavy flooding.

His ministry also collaborated with local communities, encouraging residents to keep drains free of debris and participate in cleanup efforts. These interventions have brought tangible relief to neighborhoods that previously suffered devastating floods.

Combatting open defecation

Wahab’s ministry intensified its campaign against open defecation this year, enforcing sanitation laws while commissioning public toilet facilities in densely populated areas.

The effort is part of a broader plan to improve public hygiene and prevent the spread of diseases linked to poor sanitation. Advocacy efforts reached schools, markets, and community centers, ensuring that the message of clean and accessible sanitation was widely understood.

Enforcing environmental laws and green standards: Noise and air pollution enforcement

Wahab’s crackdown on noise pollution was a defining moment in 2024. Several establishments, including churches, mosques, and nightclubs, were sealed for violating noise regulations under the Lagos State Environmental Management and Protection Law of 2017.

This enforcement has brought long-needed relief to residents affected by excessive noise and set a precedent for future regulatory compliance.

Combating illegal street trading

Illegal street trading, especially the roadside sale of livestock and sickly puppies, has posed environmental and public health risks.

Wahab ensured strict enforcement of the law this year, deploying Kick Against Indiscipline (KAI) operatives to address the issue. This action not only protected public health but also reinforced the rule of law in Lagos’ marketplaces.

Tackling expired products in markets

In addition to enforcing pollution laws, Wahab targeted the sale of expired products in Lagos markets. The ministry conducted inspections and penalized offenders while urging traders to prioritize consumer safety.

His zero-tolerance approach underscored the government’s commitment to public health.

Promoting sustainable real estate development

At the Lagos Real Estate Marketplace Conference & Exhibition, Wahab emphasized the importance of green standards in Lagos’ booming real estate sector.

Partnering with agencies like LAWMA, LASEPA, and LASPARK, he ensured that environmental protection remains a core principle in urban development.

Restoring ecosystems and empowering communities: Reviving green spaces and protecting wetlands

In 2024, LASPARK, under Wahab’s supervision, restored several green spaces across Lagos. Parks were renovated, tree-planting campaigns were launched, and wetlands were protected from encroachment. These efforts have not only improved air quality but also provided recreational opportunities for residents.

Public awareness and grassroots engagement

Wahab has been a vocal advocate for environmental stewardship, leading campaigns that emphasize community responsibility.

Through the #CleanerLagos initiative, he has inspired grassroots efforts to promote cleanliness in neighborhoods. His focus on behavioral change has resonated with residents, making environmental conservation a shared responsibility.

Integrated waste management systems

Recognizing the need for long-term solutions, Wahab’s ministry introduced integrated waste management systems that combine recycling, composting, and safe disposal.

This approach has streamlined waste processing and reduced the pressure on Lagos’ landfill sites, offering a sustainable path forward.

Improving access to potable water

The Lagos State Water Corporation, under Wahab’s direction, repaired critical pipelines, including those in Yaba, ensuring access to clean water for thousands of residents.

This achievement reflects the ministry’s broader commitment to infrastructure improvement.

Conclusion: A legacy of action and hope

Wahab’s leadership in 2024 represents a paradigm shift in how Lagos approaches its environmental challenges. His policies and projects demonstrate a clear understanding of the complex interplay between urban growth, environmental sustainability, and public health.

Beyond addressing immediate issues, Wahab has laid the foundation for a more resilient and sustainable Lagos.

His work has shown that leadership is not about lofty promises but about rolling up one’s sleeves and driving change where it matters most.

From combating flooding to enforcing environmental laws, from advocating for waste conversion to restoring green spaces, Wahab’s achievements this year are a testament to what is possible when determination meets vision.

As Lagosians look to 2025, the path forward is clear: building on the successes of 2024, embracing sustainable practices, and fostering a city where everyone plays a role in protecting the environment.

Tokunbo Wahab has not only set the bar high but has also shown us what true environmental stewardship looks like.

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BIG STORY

Federal Government Earmarks N827bn For Education Infrastructure In 2025 Budget

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has announced that the Federal Government has disbursed a total of N34bn in loans to students studying at tertiary institutions across the country through the “Nigeria Education Loan Fund.”

The President made this statement on Wednesday while presenting the N49.7tn 2025 budget estimates to a joint session of the National Assembly. He also highlighted that the government has allocated N826bn for infrastructure development in the education sector for the 2025 fiscal year.

He stated, “Our administration has so far disbursed N34bn to over 300,000 students via the Nigeria Education Loan Fund.”

“In the 2025 budget, we have made provision for N826.90bn for infrastructure development in the educational sector. This provision also includes those for the Universal Basic Education and the nine new higher educational institutions.”

He continued, “We are convinced that Universal Health Coverage initiatives will strengthen primary healthcare systems across Nigeria. In this way, we have allocated N402bn for infrastructure investments in the health sector in the 2025 budget and another N282.65bn for the Basic Health Care Fund.”

“Our hospitals will be revitalised with medication and better resources, ensuring quality care for all Nigerians.”

“This is consistent with the Federal Government’s planned procurement of essential drugs for distribution to public healthcare facilities nationwide, improving healthcare access and reducing medical import dependency.”

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