• “We keep talking about grid collapse. Grid collapse, grid collapse, whether it’s a total collapse, partial collapse, or slight trip-off. This is almost inevitable.” - Minister of Power, Adebayo Adelabu

    The Minister of Power, Adebayo Adelabu emphasizes the importance of establishing power grids across various regions and states to effectively address the ongoing issue of frequent grid failures.

    On Wednesday, the minister made this announcement during the launch of Hexing Livoltek, a company specializing in the manufacturing of electricity meters, located in the Lekki region of Lagos State.

    Adelabu highlighted that grid failures are nearly unavoidable in Nigeria due to the poor condition of the nation’s power infrastructure.

    He emphasized that establishing several power grids across different regions and states would promote greater stability.

    He said, “This Electricity Act has decentralised power. It has enabled all the subnational governments, the state government and the local government, to be able to participate in the generation, transmission, and distribution of electricity. We all rely on a single national grid today; if there is a disturbance of the national grid, it affects all 36 states. It shouldn’t be like that. This will enable us to start moving gradually towards having regional groups and possibly having state grids.

    “And each of these grids will be removed and shielded from each other. So, if there’s a problem with a particular grid, only the state where it belongs will be affected, not the entire nation. So, this is one of the impacts this Electricity Act will have.

    “We keep talking about grid collapse. Grid collapse, grid collapse, whether it’s a total collapse, partial collapse, or slight trip-off. This is almost inevitable as it is today, given the state of our power infrastructure, the infrastructure is in deplorable conditions, so why won’t you have trip-offs? Why won’t you have collapses, either total or partial? It will continue to remain like this until we can overhaul the entire infrastructure. What we do now is to make sure that we manage it.

    “In the last four months, we have not heard of any grid collapse, except two days ago when we had a partial collapse that didn’t even last two hours. So, what we work on now is how to improve our response time, to bring it up each time it collapses. There are transformers of 60 years old, and 50 years old, and you’re expecting them to perform at the optimal rate. It is not possible. That is why we need a lot of investments in this infrastructure to bring them up to speed, to bring them up to the state that can give us a grid that will not collapse again.”
    “We keep talking about grid collapse. Grid collapse, grid collapse, whether it’s a total collapse, partial collapse, or slight trip-off. This is almost inevitable.” - Minister of Power, Adebayo Adelabu The Minister of Power, Adebayo Adelabu emphasizes the importance of establishing power grids across various regions and states to effectively address the ongoing issue of frequent grid failures. On Wednesday, the minister made this announcement during the launch of Hexing Livoltek, a company specializing in the manufacturing of electricity meters, located in the Lekki region of Lagos State. Adelabu highlighted that grid failures are nearly unavoidable in Nigeria due to the poor condition of the nation’s power infrastructure. He emphasized that establishing several power grids across different regions and states would promote greater stability. He said, “This Electricity Act has decentralised power. It has enabled all the subnational governments, the state government and the local government, to be able to participate in the generation, transmission, and distribution of electricity. We all rely on a single national grid today; if there is a disturbance of the national grid, it affects all 36 states. It shouldn’t be like that. This will enable us to start moving gradually towards having regional groups and possibly having state grids. “And each of these grids will be removed and shielded from each other. So, if there’s a problem with a particular grid, only the state where it belongs will be affected, not the entire nation. So, this is one of the impacts this Electricity Act will have. “We keep talking about grid collapse. Grid collapse, grid collapse, whether it’s a total collapse, partial collapse, or slight trip-off. This is almost inevitable as it is today, given the state of our power infrastructure, the infrastructure is in deplorable conditions, so why won’t you have trip-offs? Why won’t you have collapses, either total or partial? It will continue to remain like this until we can overhaul the entire infrastructure. What we do now is to make sure that we manage it. “In the last four months, we have not heard of any grid collapse, except two days ago when we had a partial collapse that didn’t even last two hours. So, what we work on now is how to improve our response time, to bring it up each time it collapses. There are transformers of 60 years old, and 50 years old, and you’re expecting them to perform at the optimal rate. It is not possible. That is why we need a lot of investments in this infrastructure to bring them up to speed, to bring them up to the state that can give us a grid that will not collapse again.”
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  • The Federal Government is set to initiate cash transfers aimed at assisting 20 million poor Nigerians.

    The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has stated that the rise in Nigeria’s revenue for the 2024 fiscal year is being thoughtfully distributed across several social intervention programs designed to enhance the quality of life for citizens and tackle urgent societal challenges.

    The minister announced that the social investment program aims to benefit 60 percent of the most disadvantaged individuals, impacting approximately 20 million people.

    “In terms of revenue, the number one place to look was inwards, domestic resource mobilisation. That’s where the government started. By the first half of this year, revenue had doubled.

    “Aggregate government revenue was more than doubled. And that was achieved by applying technology very robustly.

    “We have applied technology in a way that essentially reforms the civil service. Rather than waiting for compliance from government ministries, departments and agencies and government companies, we looked at what the rules and regulations were, how much a company was allowed to spend on its revenue, and then how much of its surplus it had to provide to government.

    “The social investment programme is spearheaded by direct transfers to reach 60 per cent poorest in the population. And right now, 20 million households are being supported directly. And it’s going to rise to, well, 20 million people, four million households so far, and it will rise to 15 million households who will be paid directly by the government.

    “That is how President Tinubu’s government is spending the money which is being yielded from better oil production.”
    The Federal Government is set to initiate cash transfers aimed at assisting 20 million poor Nigerians. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has stated that the rise in Nigeria’s revenue for the 2024 fiscal year is being thoughtfully distributed across several social intervention programs designed to enhance the quality of life for citizens and tackle urgent societal challenges. The minister announced that the social investment program aims to benefit 60 percent of the most disadvantaged individuals, impacting approximately 20 million people. “In terms of revenue, the number one place to look was inwards, domestic resource mobilisation. That’s where the government started. By the first half of this year, revenue had doubled. “Aggregate government revenue was more than doubled. And that was achieved by applying technology very robustly. “We have applied technology in a way that essentially reforms the civil service. Rather than waiting for compliance from government ministries, departments and agencies and government companies, we looked at what the rules and regulations were, how much a company was allowed to spend on its revenue, and then how much of its surplus it had to provide to government. “The social investment programme is spearheaded by direct transfers to reach 60 per cent poorest in the population. And right now, 20 million households are being supported directly. And it’s going to rise to, well, 20 million people, four million households so far, and it will rise to 15 million households who will be paid directly by the government. “That is how President Tinubu’s government is spending the money which is being yielded from better oil production.”
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  • Encouraging chaos by Rotimi Amaechi is both reckless and unpatriotic. - APC

    In statement released by Felix Morka,
    National Publicity Secretary APC.

    The statement reads: “From the lavish comfort of his “proverbial glass house”, Rotimi Chibuike Amaechi, former Minister of Transport and Governor of Rivers state, in a recent interview, berated Nigerian youth for not protesting “high cost of living” in the country to his morbid satisfaction.

    “Amaechi’s comments are insensitive, god-awful and unpatriotic, coming from one of Nigeria’s longest serving and highest ranking political freeloaders - a two-term Speaker of the Rivers state House of Assembly, a two-term Governor, and a two-term Minister of Transport.

    “For almost all of his adult life, Amaechi, has been a leechy dependant on state resources, a voracious beneficiary of official patronage, and a leading participant in the generational devastation of our country’s economy. Attempting to hoodwink Nigerians into his web of false empathy and incitement to violence is hypocritical, provocative and dangerous.

    “If those in power “steal money” as Amaechi mischievously alleged, how come he can’t afford “to buy diesel” barely two years after “stealing” for over 24 years in power as Speaker, Governor and Minister?

    “The only real anger that Amaechi and his fellow tribesmen of naysayers of the likes of Atiku Abubakar, Peter Obi, and Rabiu Musa Kwankwaso, must feel is that they are not in the saddle of government today. But that was a decision made by Nigeria’s ultimate political authority - the electorate. Nigerians are highly perceptive, discerning, demure, and mindful that economic discomforts associated with the administration’s inevitable reforms are transient and will pale into insignificance in comparison to the enduring transformative dividends which are already beginning to manifest. Nigerians will not be cajoled into taking back through street violence what they handed to the administration through the ballot, as Amaechi and his partisan tribesmen would wish.

    “It is nauseating to think that these naysayer tribesmen who did absolutely nothing to improve the economy or living conditions for Nigerians while they were in office, now pontificate, endlessly, about what and how things should be done but didn’t and couldn’t do while in power.

    “It’s as though they only regain their senses and discover their talents for governance when they are out of power. A tribe of naysayers, is what they are, who never see any good, only gloom, filled with bile and disdain for the determined strides of APC-administration of President Bola Ahmed Tinubu to transform our country’s economy for the benefit of present and future generations of Nigerians.

    One would expect Amaechi to keep busy trying to solve the crippling crisis in Rivers state that he once governed. Instead, he has chosen to stoke anarchy on a national scale. Weaponizing protest and exploiting citizen’s economic discomfort for selfish political objective, as these partisan tribesmen are doing, is irresponsible and decidedly unpatriotic.

    “We urge Nigerians to dismiss the call to anarchy by Amaechi and his partisan tribesmen and to remain patient and continue to support President Tinubu’s bold effort to transform our country’s economy once and for all.”
    Encouraging chaos by Rotimi Amaechi is both reckless and unpatriotic. - APC In statement released by Felix Morka, National Publicity Secretary APC. The statement reads: “From the lavish comfort of his “proverbial glass house”, Rotimi Chibuike Amaechi, former Minister of Transport and Governor of Rivers state, in a recent interview, berated Nigerian youth for not protesting “high cost of living” in the country to his morbid satisfaction. “Amaechi’s comments are insensitive, god-awful and unpatriotic, coming from one of Nigeria’s longest serving and highest ranking political freeloaders - a two-term Speaker of the Rivers state House of Assembly, a two-term Governor, and a two-term Minister of Transport. “For almost all of his adult life, Amaechi, has been a leechy dependant on state resources, a voracious beneficiary of official patronage, and a leading participant in the generational devastation of our country’s economy. Attempting to hoodwink Nigerians into his web of false empathy and incitement to violence is hypocritical, provocative and dangerous. “If those in power “steal money” as Amaechi mischievously alleged, how come he can’t afford “to buy diesel” barely two years after “stealing” for over 24 years in power as Speaker, Governor and Minister? “The only real anger that Amaechi and his fellow tribesmen of naysayers of the likes of Atiku Abubakar, Peter Obi, and Rabiu Musa Kwankwaso, must feel is that they are not in the saddle of government today. But that was a decision made by Nigeria’s ultimate political authority - the electorate. Nigerians are highly perceptive, discerning, demure, and mindful that economic discomforts associated with the administration’s inevitable reforms are transient and will pale into insignificance in comparison to the enduring transformative dividends which are already beginning to manifest. Nigerians will not be cajoled into taking back through street violence what they handed to the administration through the ballot, as Amaechi and his partisan tribesmen would wish. “It is nauseating to think that these naysayer tribesmen who did absolutely nothing to improve the economy or living conditions for Nigerians while they were in office, now pontificate, endlessly, about what and how things should be done but didn’t and couldn’t do while in power. “It’s as though they only regain their senses and discover their talents for governance when they are out of power. A tribe of naysayers, is what they are, who never see any good, only gloom, filled with bile and disdain for the determined strides of APC-administration of President Bola Ahmed Tinubu to transform our country’s economy for the benefit of present and future generations of Nigerians. One would expect Amaechi to keep busy trying to solve the crippling crisis in Rivers state that he once governed. Instead, he has chosen to stoke anarchy on a national scale. Weaponizing protest and exploiting citizen’s economic discomfort for selfish political objective, as these partisan tribesmen are doing, is irresponsible and decidedly unpatriotic. “We urge Nigerians to dismiss the call to anarchy by Amaechi and his partisan tribesmen and to remain patient and continue to support President Tinubu’s bold effort to transform our country’s economy once and for all.”
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