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VP Shettima Reiterates FG Commitment To Tackle Challenges Of Power Sector

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VP Shettima Reiterates FG Commitment To Tackle Challenges Of Power Sector

By Gloria Ikibah

Nigeria’s Vice President, Kashim Shettima has said that in tackling the issues affecting the power sector, the Federal Government is committed to being a partner to the state governments and facilitating the shift towards increased state government participation in the electricity market as envisioned by law.

The Vice President stated this at a two-day power sector stakeholders interactive dialogue/workshop organised by the House of Representatives Committee on Power on Tuesday in Abuja, with the theme, “Confronting Nigeria’s Power Challenge As The Nation Migrates To A Multi-Tier Market: A Legislative Intervention”.

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Shettima who was represented by Sadiq Wanka, said this will require an open channel of communication to adequately plan the transition, and respond to issues as they emerge.

He said: It will require a willingness to leverage all the knowledge that has been accumulated over the last decade of operating the current market structure, and to learn from the mistakes and successes therefrom. It will require a razor-eyed focus on the prize, which is energising Nigerian homes and businesses. The new structure must therefore prioritise providing an enabling environment at the state and wholesale market levels, and allow the private sector to lead the way across the value chain. And of course, it will require the federal and state governments to continue playing a balancing role, ensuring equity and keeping environmental considerations on the front burner.

 

Shettima who urged that the level of engagement of all stakeholders has to continue to be strong, as there are many issues yet to be resolve; therefore charged industry players to maintain a willingness to learn and adapt.

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“In addition to the urgent need to adequately define what the new national electricity framework is, the introduction of new state electricity markets raises two prominent questions:

“The first is how do we ensure state readiness for the increased responsibility they are assuming in the new national electricity framework? While state governments can now regulate all electricity value chain activities within their borders, these new powers come with non-trivial responsibilities. Having the power to set tariff policy within state borders also comes with the responsibility of paying tariff shortfalls and subsidies that emanate from these policies. It comes with the responsibility of state governments guaranteeing payments to the national wholesale electricity market. Having the power to regulate electricity activities also means there is a need to build the capacity to ensure competent and independent regulators in each state market. It means states need to take a leading role in attracting investments to recapitalise distribution companies, and to ensure a steady flow of investments towards increasing electricity access.

“The second key question that becomes immediately apparent is how do we prioritise coordination and orderliness in the transition? It is important that investors have clarity and confidence in the roadmap and timelines for transition and for there to be a base level of standardisation across electricity markets so dealing with different regulatory bodies does not become too cumbersome and force investors to stay away.

“Similarly, there is need for us to maintain a level of flexibility in the transition process. For example, transitioning to state regulatory control requires distribution companies to set up state subsidiaries. But this is not a straightforward process. There are complex issues of asset delineation, equity negotiations with other investors in DISCOs and even infrastructure investments required to truly delineate the distribution network of one state from the other. There is a lot of re-organisation that needs to happen internally within DISCOs from a process and people perspective. All these among others require time and patience”, the VicePresidentstated.

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He further said that with the wholesale structural shift that the Electricity Act 2023 (as amended) and the associated constitutional amendment usher in, it means there is the need to double down on ensuring an orderly transition to the new national electricity market framework.

“I congratulate the National Assembly for its steadfastness in leading the conversation through an orderly transition and for demonstrating a willingness to review the recently passed Electricity Act as needed.

According to him, the Electricity Act 2023 seeks to overhaul the structure of the Nigeria Electricity Supply Industry and proposes a structure that promotes more competition.

“The conversation we are having here today at this National Assembly event is very timely. At a moment that the energy quadrilemma is at the forefront of global discussions, in Nigeria, there is widespread recognition that we are underperforming across all four pillars of providing electricity supply that is reliable, affordable, environmentally sustainable and available to all Nigerians. Indeed, by some estimates, less than 20% of Nigerians have access to reliable energy of more than 12 hours per day. 45% of Nigerians have no access to any form of electricity. And as a result, households and industry have been dependent on self-generation that is both more expensive and more polluting.

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“The Electricity Act 2023 that was passed by the National Assembly and signed into law by President Bola Ahmed Tinubu seeks to overhaul the structure of the Nigeria Electricity Supply Industry. It proposes a structure that promotes more competition and greater scope for tailoring power solutions to local needs, while transitioning to a market structure that would attract much needed investments and promote environmental sustainability.

“In this regard, I must congratulate the National Assembly for its steadfastness in leading the conversation on this orderly transition and for demonstrating a willingness to review the recently passed Electricity Act as needed. I would also like to congratulate the Honourable Minister of Power for his role in convening industry stakeholders towards the development of the Integrated National Electricity Policy and Strategic Implementation Plan, as envisioned by the new Act. Similarly, the Nigerian Electricity Regulatory Commission has continued to step up to the plate in translating the Electricity Act into enabling regulations that facilitate the transition to a new market structure. State governments have also demonstrated a unique sense of urgency and duty in playing their part towards domesticating the new Electricity Act and improving the energy situation for their populace”, he added.

Vice President Shettima asserted that there is a lot to be excited about with the new Electricity Act, which has the core elements of resolving the structural issues that have hindered investments in the sector – from liquidity challenges, to the inadequate legal framework.

He added that conversations are “key to ensure we are all adequately thinking through the implications of the new Act, and ensuring new structural issues are not being created”.

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Nigeria Expresses Concern Over Post-Election Violence in Mozambique

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By Gloria Ikibah

The Federal Republic of Nigeria has expressed deep concern over the escalating violence that has erupted in Mozambique following its recent presidential elections.

Reports indicate that the unrest, concentrated in the capital city of Maputo and major cities like Beira and Nampula, has led to the loss of over 121 lives and left more than 380 people injured.

The violence reportedly began after Mozambique’s Constitutional Council confirmed Daniel Chapo of the Mozambique Liberation Front (FRELIMO) as the winner of the presidential election with 65% of the vote. The opposition, rejecting the results, has raised tensions, triggering widespread protests and clashes.

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In a statement issued by the Acting Spokesperson of Nigeria’s Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa, the Nigerian government called for calm, and urged all political actors in Mozambique to pursue legal avenues to address grievances.

Nigeria also extended its sympathies to the Mozambican government and the families of those affected by the crisis.

“The Federal Government of Nigeria advises aggrieved parties to explore appropriate legal means to seek redress.

“Our thoughts are with the Government of the Republic of Mozambique and the families of all those affected by this dreadful crisis,” the statement read.

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The Federal Government furth willer reaffirmed its commitment to supporting peace and stability in Africa, and called for dialogue and restraint to resolve the unfolding conflict.

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Again, Niger Military Junta Insists France Backing Nigeria To Establish Terrorist Operational Base In Sokoto, Others

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General Abdourahamane Tiani, Niger Republic Head of State, has accused France of planning to establish a terrorist operational center in Gaba, a forested area in Sokoto State, Nigeria.

Tiani further alleged that the Nigerian government is aware of these intentions and has been complicit in France’s destabilization efforts in the region.

According to Tiani, France is also purportedly providing financial backing to Nigerian authorities to set up a military base in Borno State, under the guise of combating terrorism, with the ulterior motive of destabilizing Niger and its neighboring countries.

Tiani disclosed that Niger’s intelligence had gathered information from arrested terrorists who reportedly disclosed France’s plan to set up a terrorist base in Sokoto with terrorists known as ‘Lakurawa.’

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This intelligence, according to Tiani, was passed on to Nigerian authorities for verification.

He revealed how Niger officials had contacted Ahmed Rufai Abubakar, the former Director-General of Nigeria’s National Intelligence Agency (NIA), for confirmation.

He said, despite assurances from Abubakar that his team would investigate, Tiani claims that the intelligence was mishandled, and no further action was taken, as Abubakar is allegedly linked to the terrorist network.

He alleged that since the French government became involved, knowing that Chadian military had targeted terrorists with airstrikes, they provided the terrorists with sophisticated weapons capable of bringing down military jets.

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“It is France that gave the weapons to Boko Haram terrorists, so that if a Chadian military jet came to strike them, the terrorists could use the weapons provided by the French government to bring it down.

“They struck on October 16, when France supplied them with the weapons. The information we gathered from the terrorists we arrested indicated that there is an ongoing discussion, and Nigerian leaders are aware of it,” Tiani stated.

He said, “There is a forest called ‘Gaba’ in Sokoto, where they are planning to establish an operational center for terrorists, named ‘Lakurawa’.

“We received intelligence on March 4 that France and ISWAP were planning to set up an operational center in Sokoto, Kebbi, and Zamfara to prepare positions for terrorist activities.”

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Tiani further explained that one of the terrorists they arrested informed them that the Nigerian government is well aware of the operational centers for terrorists in Sokoto.

“However, we dismissed his claim as false because he was unwilling to allow us to share this information with the Nigerian government. As Niger and Nigeria are closely connected, we felt it was our responsibility to report any information that could be harmful.

“We reported what France was planning to do to the Director-General of the National Intelligence Agency (NIA), Ahmed Rufai Abubakar, as we were unaware of these developments.

“He assured us that he would send personnel to gather more information. We took on their responsibilities, and there was no location we did not visit or have exclusive discussions with the arrested terrorists,” he said The terrorists disclosed everything about France’s plans to establish a terrorist base in Sokoto.

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The intelligence was then returned to Nigeria. “We later discovered that the person we contacted, Ahmed Rufai Abubakar, is one of the individuals used by the West as a negotiator.

He supervises the terrorists and is also sent to a country called the Central African Republic. If the terrorists are arrested, he is the one responsible for bailing them out, as well as handling their weapons and providing money for food. He oversees the entire process,” Tiani explained.

“After learning this, things began to fall apart. We had trusted the wrong people, and once we discovered the truth, we were left unsure of who to trust or confide in about the situation in Nigeria.

“Meanwhile, Nuhu Ribadu is aware of the entire issue, but everyone involved has kept silent about it. “Having seen how things played out, we decided to take matters into our own hands. If the Lakurawa terrorists are arrested, we are now considering what to do.” Tiani added that France has launched its base in Benin Republic to also monitor neighboring countries that oppose them.

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President fired by national assembly controlled by opposition

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President Han Duck-soo impeached by South Korea’s National Assembly
opposition-controlled National Assembly has impeached South Korea’s acting President Han Duck-soo, following approval of an impeachment motion in a 192-0 vote on Friday amid rising political tensions in the Asian country.

Mr Han emerged as the country’s interim leader following the impeachment and suspension of President Yoon Suk Yeol by the National Assembly after declaring a contentious martial law.

Mr Han, the prime minister at the time, immediately climbed the ladder to fill the vacant seat.

However, the opposition lawmakers have now voted on Friday to impeach him over his refusal to appoint three judges to fill vacancies left by retired judges in the Constitutional Court.

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This is the body that will be deciding whether to reinstate or formally remove Mr Yoon.

Six or more justices out of the nine-member court must vote in favour of impeachment to remove Mr Yoon from office and one dissenting voice in the former leader’s trial would overturn his impeachment.

The proceeding boycotted by governing party lawmakers was the first time an interim leader had been impeached in South Korea, raising questions about who is in charge of the government and military in the country.

Meanwhile, Choi Sang-mok, who is currently the finance minister and deputy prime minister, is the next in line to be named acting president.

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