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Epileptic power: Obi weighs in, says 13,000mw for 200,000mw demands is unacceptable

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…Nigeria has the lowest per capita wattage in the World

…wants a Technical Task Force in Place.

The Presidential Candidate of the Labour Party in the 2023 general election, Peter Obi has expressed deep concerns over the perennial power situation in the country recording 141 times of national grid collapse in 11 years and calls for urgent pragmatic solutions.

Obi noted that Nigeria has only 13,000mw while the demands are about 200,000mw.

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He said that even with the 13,000mw, only about 3,500mw are available for homes and businesses noting that the situation puts Nigeria as the lowest per capita wattage in the World.

In an article, titled “The Collapsing Electricity Sector”, the LP standard’s bearer said “The Nigeria electricity supply industry faces real and present danger of collapse despite the efforts made in more than two decades to initiate a reform of the NESI.
“It is sad today that we suffer periodic and routinized system collapses that are attributed to such avoidable situations as fire outbreaks at critical transmission lines across our major cities. It is absolutely distressing and a story of a low level of managerial capability that the entire nation can be plunged into total darkness for a reasonable period because networks go out because of a lack of diligent attention.

“It should worry any Nigerian patriot that the total installed capacity for a country of more than 200 million people with an aspiration to become a global medium economy power is a mere 13,000. Worse still, only about 3,500mws are available for homes and businesses from the grid. Sometimes, it grinds to less than 2,500mws. This is unacceptable.
“We can contrast the available supply of electricity with competitor countries in Africa like Egypt and South Africa with respective populations of approximately 112m and 59.6m people supplying about 60,000mw and 58,000 respectively. This difference in energy wattage has massive implications for human development and economic growth. Nigeria today has the world’s lowest per capita wattage in the world, interesting lower than those of most of our West African neighbours. It is really sad that whereas our energy demand is above 200,000mws, we have only 13,000mw installed capacity and can only deliver regularly less than 4,000mw.
“After speaking with experts in the sector I have realized that the crisis of power supply in Nigeria relates to two major sectors: (1) generation, and (2) transmission and distribution. The major challenges of the generation sector are the lack of a regular supply of gas arising from the failure of the government in the last 8 years to provide adequate gas infrastructure facilities, weak commerciality of gas to power and failure to control the restiveness of angry youths leading to vandalism.
“It is shameful that for more than 8 years we cannot resolve the infrastructural bottlenecks that constrain the supply of gas to power plants despite billions from CBN for legacy gas debts.

“On the transmission and distribution side, the last 8 years have witnessed terrible failure to overcome the deterioration of networks and transmission and distribution networks and invest in modern technologies like SCADA leading to poor coverage, lack of effective coordination between TCN and discos leading to load rejection and inability to generate public trust for policy reform on tariff and leading to low private sector investments.
“If we had a good project manager, we would have massively increased generation, transmission and distribution capacity and enhanced policy coherence that would have crowded private sector investment in the degree to sustained rapid growth of the grid. The problem is that the government have exercised the required political will to appoint the right kind of leadership that understands the problems of the sector and has the singular dedication and competence to create quick wins in the short term and transformation in the medium to long term.

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“I suggest that the Federal Government immediately constitute a technical task force of real professionals without political consideration to present a diagnosis of the crisis of the sector and to get to work to correct such simple slippage like incessant fire outbreaks that lead to perennial system collapse, drastically improve coordination and coherence between TCN and discos so there will be no load rejection, and breath down on all operators to deliver on their technical responsibilities. This will rapidly improve power availability in the short term while the government develop clarity to articulate an integrated national electricity policy and a practical implementation roadmap that harmonizes national and sub-national electricity reform efforts to ensure rapid and expansive delivery of reliable, adequate, and affordable electricity.

“We are too endowed to be a nation of generators and to be trapped in darkness. We cannot grow our economy in darkness.

Signed.

Dr Yunusa Tanko
POMR Spokesman

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NAF to get 50 new fighter jets

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At his second biannual meeting with branch chiefs and Air Officers Commanding NAF formations in Abuja, the Chief of Air Staff(CAS),  Air Marshal Hasan Abubakar, said the expected 50 fighter jets would complement the 12 already in NAF’s inventory.

Abubakar encouraged the officers to uphold the highest standards of professionalism, integrity, and loyalty as they contribute to the overall mission of the NAF.

He said: “A few months ago, we celebrated the 60th anniversary of the Nigerian Air Force, which ushered us into a golden era of transformation and evolution.

“Over the past year, we have successfully inducted 12 aircraft into our inventory, and God willing, we shall take delivery of 50 brand new aircraft between December this year and 2026.

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“This is a remarkable achievement that we have not witnessed in a very long time.

“Indeed, these are exciting times that demand innovative thinking, resilience, and dedication.’’

Also yesterday, the Defence Ministry said the ongoing military operations against insurgents in the Northeast and Northwest had reached an advanced stage with the deployment of sophisticated satellite assets.

It said: “Right now, we have moved from normal military operations to advanced military operations. We now use drones. We need satellite to do that. Our troops have to identify where our enemies are. As it is now, without satellites, we cannot operate our drones.

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“There will be pollution, or rather, what you call accidents, among the drones in the space. Therefore, we need satellites to do that operation.”

Permanent Secretary of the ministry   Ibrahim  Kana stated this at  the Stakeholders Engagement organised by the Nigeria Communications Satellite Ltd., NigComSat.

Kana lauded President Bola Tinubu, the military, and other security agencies for protecting  the country

He said: “I want to use the opportunity, really, to thank His Excellency, Mr President, for bringing us together and making sure that we all work together and providing all the necessary requirements, particularly launching of more satellites in space.”

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President   Tinubu’s efforts in the fight against insecurity in the North was also commended by the  Arewa Elders Progressive Group yesterday.

The group noted that Tinubu’s approach to tackling insecurity, particularly his decision to use military force to crush bandits, has shown promising results.

The commendation was contained in a statement by the group’s Chairman,  Mustafa   Dutsinma.

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Bandits got weapons from corrupt security agents, says NSA

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Bandits and terrorists got a sizeable number of their arms and ammunition from securitymen, National Security Adviser (NSA) Nuhu Ribadu has said.

Ribadu, at the destruction of seized/recovered 2,400 illicit small arms and light weapons in Abuja yesterday, expressed worry that most of such arms were sold to criminals by security personnel.

Also in Abuja, the Defence Ministry announced that the ongoing anti-terror war had moved from normal military operations to the use of drones, and advanced war technique.

Fifty new fighter jets are to be added to the Nigerian Air Force (NAF) fleet between December this year and 2026 to rev up the war against insurgents and other criminal elements in the country, Ribadu reaffirmed.

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At the arms destruction by the National Centre for the Control of Small Arms And Light Weapons (NCCSALW), a unit in the Office of the NSA,  Ribadu, assured that the government would do everything possible to keep the country safe and secure.

He said: “We have to find a way of putting a stop to this. We must if we want to recover our country and live in peace and stability.

“The worst human being is a policeman or a soldier who will take arms from his own formation and sell it or hire it out for the bad people to come and kill his own colleagues.

“We must fight these people but also there are merchants of death and evil from outside the world.

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“The proliferation of illicit small arms and light weapons remains a major threat to our national security, exacerbating issues such as insurgency, banditry and other violent crimes.

“We have laws that govern ownership of small arms. If you do not follow it, it is an illegal arm and it is supposed to be destroyed completely.”

The  NSA said the military and other security agencies would secure the country against the merchants of death by all means possible.

He said with the present leadership,  the country would overcome all the country’s security challenges within the shortest possible time.

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“We are not going to relent. They think we are jokers. We are not, we know what we are doing. And I can assure you with the leadership we have today in our country, with the set of people in charge, we have hope.

“Just give us time. It will change. The proliferation of small arms and light weapons remains a major threat to our national security.  We will fight it. We will secure this country,” Ribadu added.

NCCSALW Director-General Johnson Kokumo said the challenge posed by the proliferation of Small Arms and Light Weapons (SALW) was one of the major threats to peace and security not only in the country but in  West Africa.

He said the 2,400 destroyed weapons, comprised unserviceable, decommissioned, and recovered arms.

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Kokumo added: “These weapons were mopped up by the military, police and other security agencies across the country.

“By permanently removing these arms from circulation, we reduce the risk they pose to our communities and send a clear message that Nigeria will not tolerate the illegal trafficking and possession of small arms and light weapons.’’

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Unpaid Commission: Businessman Sues FCMB, Demands $60,206.66

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A businessman, Michael Ogbole, has sued First City Monument Bank at a Lagos State High Court in Lagos, demanding $60,206.66 as unpaid commission for allegedly facilitating a multi-million-dollar transaction with a United States-based company, Sky Enterprise LLC.

Ogbole, in the suit, filed by Falana & Falana Chambers accususe FCMB of circumventing him in the deal.

The claimant alleged on June 2, 2016, he met with FCMB’s Group General Manager and Chief Executive Officer, Ladi Balogun, to discuss how he could help the bank secure finance from Sky Enterprise, a Florida-based firm specialising in trade finance, risk, and debt management.

Following their discussion, Balogun allegedly directed him to contact FCMB’s Treasurer, Gerald Ikem, who introduced him to Nomso Ezenta, head of Structured Funding and Correspondent Banking, to coordinate the transaction.

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The businessman said on September 2, 2016, he arranged a meeting between Sky Enterprise’s Global Director for Africa, Yinka Akinlabi, and FCMB at the bank’s headquarters to structure the deal.

The claimant said those present were top FCMB executives. After the meeting, the parties exchanged emails and phone calls to finalise the transaction.

However, in February 2021, the businessman discovered FCMB went ahead with the deal through Sky British, a subsidiary of Sky Enterprise, without his involvement.

He claims this was confirmed by FCMB’s Annual Report and Financial Statements of December 31, 2020.

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In a letter of October 12, 2021, the businessman demanded $60,206.66, representing one per cent commission on the $6,020,660, facility secured by FCMB from Sky British. After FCMB failed to respond, another demand letter was sent on January 19, 2022. Despite these efforts, the businessman claimed FCMB has refused to pay.

FCMB, through its lawyer, Wale Olawoyin, said the suit lacks merit, admitting that in 2016, Ladi Balogun was approached by the claimant, claiming he can broker dollar loans for banks.

Subsequently, the bank said the claimant, through phone conversations, emails, and two meetings, held discussions with other FCMB executives.

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