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Peter Obi Decries Power Grid Collapse as Sign of Leadership Failure

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On Tuesday, Peter Obi, the 2023 presidential candidate of the Labour Party (LP), expressed his dismay over the recent collapse of Nigeria’s national power grid, labeling it a national shame that highlights significant leadership failures in the country.

Obi called for immediate reforms in Nigeria’s power sector, stating that the latest incident has further exposed the fragile state of the nation’s electricity infrastructure.

In a post on X, he remarked, “For the umpteenth time, the national grid has collapsed, plunging a huge part of the nation into darkness and exposing the fragility of Nigeria’s power infrastructure.” He emphasized that this recurring disaster serves as a stark reminder of the government’s failure to prioritize the welfare and economic well-being of its citizens.

Obi posed a poignant question: “How long must Nigerians endure a system that fails to provide one of the critical necessities for a productive society?” He underscored the vital role of electricity supply in transforming the economy, particularly in supporting small and medium-sized enterprises (SMEs), which are crucial for job creation and significantly contribute to the country’s GDP.

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He highlighted Nigeria’s decline from the position of Africa’s largest economy to fourth place, attributing this regression to ongoing leadership failures and the persistent power crisis.

“Today, we are the fourth largest economy in Africa, having fallen from the number one position due to leadership failure over the years,” he stated, comparing Nigeria’s electricity generation to that of other African nations:

South Africa, now the largest economy on the continent, generates and distributes over 40,000 megawatts with a GDP of approximately $400 billion and only 30% of Nigeria’s population.

Egypt, the second-largest economy, also produces over 40,000 megawatts and has a GDP of about $350 billion, with half of Nigeria’s population.

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Algeria, the third-largest economy, generates over 50,000 megawatts and has a GDP of about $300 billion, with only 20% of Nigeria’s population.

In stark contrast, Obi pointed out that Nigeria, despite its larger population and lower GDP, generates and distributes less than 10,000 megawatts, with frequent outages and crises.

“This disparity in power generation is a reflection of the deep-rooted governance deficit that continues to hold back our growth and potential,” he concluded, urging for urgent, comprehensive reforms in the power sector. “Nigerians deserve a government that prioritizes.

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Reps Seek Timely Submiission of MTEF, 2025 Appropriation Bill

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By Gloria Ikibah
The House Representatives has called on the Executive to submit the Medium Term Expenditure Framework (MTEF) to the National Assembly to enable the transmission of the 2025 Appropriation bill by the President for speedy passage of the budget.
This was sequel to the the adoption of a motion of urgent public importance moved by Rep. Clement Jumbo on the “Need to Urge the Executive to Comply With Section 11(1)(b) of Fiscal Responsibility Act 2007”, on Wednesday at plenary.
Naijablitznews.com recalled that the Senate and House  received the 2024-2026 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) from President Bola Tinubu, on Tuesday, October 31, 2023.
Recall further that President Tinubu in a Joint Session of the Senate and House of Representatives on Wednesday, 29 November 2023, also presented the sum of N27.5 trillion as the proposed 2024 Budget.
The lawmakers express worried that the time frame to go through the budget and it’s passage was rushed and did not give them enough time, giving the January to December budget cycle promised by the current administration.
Debating the motion Rep. Jumbo noted that the Fiscal Responsibility Act 2007 provides for the prudent management of the nation’s resources, ensures long term macroeconomic stability of the national economy, secures greater accountability and transparency in fiscal operations within a medium- term fiscal policy framework and the establishment of the Fiscal Responsibility Commission to ensure the promotion and enforcement of the nation’s economic objectives and for related matters.
The motion reads: “Further notes that section 11(1)(b) stipulates that the federal government must, not later than four months before the commencement of the next financial year, cause to be prepared and laid before the National Assembly an MTEF for the next three financial years.
“Worried that section 88 and 89 of the 1999 Constitution as well as section 30(1) of FRA 2007, specifically, section 88(1) stipulates that subject to other provisions of the 1999 Constitution, each house of the National Assembly shall have the power, by passing resolutions, to direct, or cause to be directed, an investigation into any matter or thing with respect to which it has power to make laws, and into the conduct of affairs of any person, authority, ministry of government department charged or intended to be charged with the duty of or responsibility for executing of administrating laws enacted by the national assembly and for disbursing or administrating monies appropriated or to be appropriated by the National Assembly.
“Further worried that the time the National Assembly requires to exercise its functions as enshrined in section 88(2)(b) is technically being taken away by the non-compliance of section 11(1)(b) of FRA 2007 by Executive”.
Contributing to the motion lawmaker spoke in support of the motion saidnthe time stipulated in the Act should be complied with to enable the legislature carry out its oversight functions among others.
In his contribution, Billy Osawaru (APC, Edo State) said: “The timely late arrival of annual budget proposals, is one of the ways Ministries, Departments and Agencies of Government shortchange Nigerians.
“If it takes four months to go through budget estimates, it should be four months.”
Also throwing his weight behind this motion was the Minority Leader, Rep. Kingsley Chinda, who said it was a wake up call for the government.
He said: “I believe as well this morning is to wake the present government from their slumber. The last budget like we rightly noted, we were almost rushed. In fact, we were rushed into concluding that budget.
“And that is what we want to avoid happening again this year. We can also say that the government perhaps no longer want to tolerate that situation where the budget, which is very important, in fact, the most important law that will be passed by this Assembly as it has to do with the Nations, will be brought and each of us will be restricted to conclude and pass that same budget.
“We want to comply with what we have agreed that there must be a certain period for the budget to run, that is January to December. I would therefore call on this House to please support this motion, regardless of party line, regardless of religion, this motion is in the interest of this country and is in our collective interest that this will be done and done right. We are going into the end of the quarter of this year. We expect that by now the MTEF would have been with us so that we can take it slowly.
“This motion is a clarion call. It is a good call. It is one that has our support”.
The House unanimously adopted the motion and mandated its on Committees on National Planning and Economic Development, Appropriation and Finance to ensure compliance within 2 weeks.
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Davido’s father, Adedeji narrates how govt officials want to frustrate his power plant project

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Adedeji Adeleke, the father of the award-winning superstar, David, popularly called Davido, has revealed what he went through securing the environmental permit for his power plant worth over $2 billion.

The billionaire industrialist disclosed this while speaking as a Layperson from the West-Central Africa Division during the Seventh Day Adventist General Conference Annual Council on Tuesday, which was held in Maryland, United States of America.

While sharing his experience as a Baptist member, Adeleke recounted how he ran into bottlenecks with ‘difficult government officials’, with a particular official saying to him that the project would never ‘see the light of day’.

He said he went on his knees and prayed to God because he did not want to accept the government official’s statement as the final say for his company, Pacific Energy which was closely working with Chinese engineering companies for the construction and design of the power projects.

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“I am a businessman in Nigeria. I’m into the electricity business. I own a power plant, I generate about 15 per cent of the electricity needs for Nigeria. I have Chinese engineering companies that work for me. I’m building the biggest power plant in Nigeria that will be completed in January 2025. It is a 1,250-megawatt power plant.

“During the course of the design and getting the permit, we ran into difficult government officials. For environmental reasons, our permit was denied, and the particular government officials that I held a meeting with told me to my face that my project would never see the light of the day. But while he was saying that, I was saying in my mind that this guy is talking as if he is God. I was saying in my mind that God should listen to him; Because he is not God, whatever he is saying is null and void.”

“So I left, disappointed and I told my Chinese friends that unfortunately we have difficulty and this project is going to stall. Meanwhile, the project is worth about $2 billion. In the process, a lot of money had already gone into the design and preliminaries. Before we get to the stage where we would need a permit and then break ground. So my Chinese friend was worried because the Afrexim Bank of China was involved so that meant bankruptcy for him. I told him not to worry,” he said.

Adeleke further stressed that his Chinese friend had to travel down to Nigeria to discuss a way out because he never believed that prayer was enough to get the project done, noting that it did as the then Minister of Power granted the approval because he saw that the project was a brilliant one.

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Recall that Adeleke had earlier spoken about this power project while delivering a lecture note at the 9th graduation ceremony of Adeleke University, Ede, Osun State in July 2023

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Yoruba Nation: Stop intimidating British High Commissioner, Igboho cautions FG

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Yoruba nation agitator, Sunday Adeyemo, otherwise known as Sunday Igboho, has warned the Federal Government against intimidating the British High Commissioner to Nigeria, Richard Montgomery, over his recent petition on the Yoruba nation.

Recall Igboho had, on Saturday, submitted a 25-page petition to the office of UK Prime Minister, Keir Starmer, at 10 Downing Street, London, pushing for the recognition of a sovereign Yoruba nation.

In a statement personally signed by Igboho and made available to newsmen on Wednesday, the activist described the reported summoning of Montgomery by the Nigerian government as unnecessary, labelling it an attempt to pressure the diplomat.

He insisted that such moves would not derail the ongoing push for a Yoruba nation.

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The statement read, “The British government colonised Nigeria, and we are well within our rights to submit a petition to them regarding our demand for a sovereign Yoruba nation. Nigeria gained independence on October 1, 1960, from the British government, but the amalgamation of the Northern and Southern protectorates in 1914 was a decision made by the British.”

Igboho argued that Yoruba people have a constitutional right to demand secession 100 years after the amalgamation, calling the union a “marriage of inconvenience.”

“The main reason we submitted our letter to the UK government is to have them serve as a witness before the United Nations whenever the issue of the Yoruba nation is brought up at an international level,” the statement continued.

He added that the standard response time for such official letters is around two weeks, suggesting that Prime Minister Starmer might not have even read the petition yet.

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However, Igboho reassured the Yoruba people that the intimidation tactics of the Nigerian government would not deter the movement.

The statement added, “We remain committed to peaceful, non-violent, and legitimate methods of ensuring the birth of a Yoruba nation. Our people should stay calm and resolute, confident in our collective struggle for emancipation so that we can harness our great potential in a vibrant Yoruba nation once it is created out of the current Nigerian contraption.”

Igboho further stated that the summoning of Montgomery in Abuja would not halt the campaign, adding that he would not hesitate to rally global support for the cause.

“We will continue to seek international backing and bring our agenda before the global community,” the statement concluded.

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