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Power Palaver: Nigerian Breweries, varsities get permits to generate electricity

Amid the high cost of electricity and incessant power fluctuations, Nigerian Breweries Plc has got approval to generate captive power in its offices located in Abia, Oyo, and Enugu states.
Cumulatively, Nigerian Breweries is generating up to 41MW in the four stations.
The Nigerian Electricity Regulatory Commission disclosed this in a report, saying the permits were granted in the third quarter of 2024.
Following the signing of the Electricity Act 2023, many companies appear to be leaving the national grid to generate their own power.
According to the NERC, captive power generation permits are issued to entities that intend to own and maintain power plants exclusively for their consumption. This means there is no sale of electricity generated from the plant to any third party.
The commission said it approved the grant of captive power generation permits to 11 applicants with a gross capacity of 63.36 megawatts.
Also, six Nigerian universities and the Nigerian Defence Academy were given permits to generate captive electricity.
The University of Abuja got a permit to generate 3MW; University of Calabar & Teaching Hospital, Cross River State is generating 7MW; University of Agriculture Micheal Okpara, Umetuke, Abia State, 3MW; University of Maiduguri & Teaching Hospital, Borno State, 12MW; Federal University of Agriculture, Abeokuta Main Campus, Ogun State, 3MW; and the Federal University Gashuwa, Yobe State, 1.50MW.
The Nigerian Defence Academy, a military university based in Kaduna got NERC’s nod to generate 2.50MW of electricity.
Last year, the Minister of Power, Chief Adebayo Adelabu, disclosed that the Federal Government had approved electricity subsidies for tertiary education and health institutions to address their concerns following the removal of subsidies in areas categorised under Band A feeders.
After the Federal Government removed subsidies from customers in Band A and upgraded their daily electricity supply to a minimum of 20 hours daily, universities and public hospitals cried out that their bills had skyrocketed.
The College of Medicine of the University of Lagos and the Lagos University Teaching Hospital cried out over what they described as an outrageous electricity bill charged by the Eko Electricity Distribution Company.
The institutions said they were jointly presented with a bill of about N280m for May instead of the less than N100m they used to pay.
The monthly bill given to UNILAG jumped from N180m to N300m.
The Federal University of Technology, Akure had its bill raised from N20m to N60m by the Ibadan DisCo.
At the University of Benin, the tariff was hiked from N80m monthly to N250m.
The Vice-Chancellor of Babcock University, Ogun State, Prof. Ademola Tayo, said in July that the institution paid N300m as electricity tariff in May, lamenting that the high electricity tariff was a great threat to quality education in Nigeria.
Aside from the high cost of energy, many Nigerian institutions are also battling low supply and fluctuations coupled with repeated grid collapses.
With permits to generate captive power, Nigerian Breweries and academic institutions will have a stable power supply to run their daily activities.
Within the period under review, the commission certified seven Meter Service Providers, five-meter installer companies, and two-meter manufacturers.
The commission also issued 22 permits for Meter Asset Providers within the period even as it issued 50 orders to guide the activities of licensees.
News
SAD! APC lawmaker dies while asleep

The lawmaker representing Kaura Namoda South Constituency in the Zamfara State House of Assembly, Aminu Ibrahim Kasuwar-Daji, has died.
It was gathered that the lawmaker passed on in his sleep during the early hours of Wednesday.
Aminu Ibrahim Kasuwar-Daji’s sudden death came as a shock to many in the state, especially his colleagues and political associates.
The All Progressives Congress (APC) in Zamfara, the party under which he was elected, expressed deep sorrow over his passage.
Members of the party, including the State Working Committee and other supporters, described his death as a great loss.
They said he was known for his dedication and honesty in serving his people.
His family, community members in Kaura Namoda South, and fellow lawmakers have been thrown into mourning as preparations for his burial began.
According to Islamic rites, he was buried today at 3:00 pm in his hometown of Kasuwar-Daji, located in the Kaura Namoda Local Government Area.
Many in the state have continued to express grief as they remember the role he played in representing the people and contributing to the work of the state assembly.
News
Just in: Sam Olumekun takes over as INEC’s Acting Chairman

Mr. Sam Olumekun has taken over at the Independent National Electoral Commission (INEC) as Acting Chairman.
Olumekun is INEC’s National Commissioner in charge of Information and Voter Education.
He performed his first duties today, receiving a high-level delegation of the Labour Party (LP) at the Commission’s headquarters in Abuja with other National Commissioners in attendance.
The delegation was led by Abia State Governor Dr. Alex Otti, who visited the Commission to discuss key developments within the Labour Party.
It was gathered that both parties engaged in discussions centered on enhancing collaboration and reinforcing democratic values.
During the visit, Governor Otti formally presented a Certified True Copy of the recent Supreme Court judgment concerning the party’s leadership.
He noted that the meeting was aimed at fostering clarity, mutual understanding, and institutional alignment regarding the Labour Party’s current structure.
Mr. Olumekun, the Acting INEC Chairman, reaffirmed the Commission’s unwavering commitment to neutrality, transparency, and the rule of law in the discharge of its constitutional responsibilities.
Recall that a viral WhatsApp message had indicated that Prof. Mahmood was sacked by President Bola Tinubu and replaced with one Prof. Bashiru Olamilekan.
“INEC Chairman Prof. Mahmud Yakubu has been replaced with Prof. Bashiru Olamilekan by President Tinubu,” the message, which had no attribution, read. However, both INEC and the Presidency debunked the widespread report.
Yakubu, who is rounding off his second tenure in office, is expected to exit the system towards the end of this year.
The process of appointing an INEC chairman is the President nominating a candidate and forwarding his particulars to the Department of State Services (DSS) for profiling.
After such screening, the President, thereafter, takes the name to the National Council of State for its advisory review.
Based on the outcome, the President sends the name to the Senate for screening and confirmation.
News
Crude oil prices slide further, now selling below $57

Crude oil prices have dropped below $57, following a previous rate of $59.78.
This decline coincides with the imposition of tariffs on several countries by US President Donald Trump.
A report from West Texas Intermediate attributes this price slump to consistent 6% reductions observed last week.
JPMorgan Chase & Co has warned that these tariffs could likely push both the US and global economies into a recession this year.
The financial institution explained that the tariffs, set to take effect this week, are expected to have widespread economic repercussions.
Market analysts and the business community have expressed concerns about the negative implications of these measures, predicting a slowdown in economic activities and a subsequent decline in oil demand.
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