Connect with us

News

FG pushes states to establish power firms as blackouts persist

Published

on

Apparently overwhelmed by the country’s power woes, the Federal Government is pushing this challenge to the 36 states, asking them to take over power generation, transmission, and distribution.

The Federal Government said this was the only solution to the power crisis in the country.

The Minister of Power, Adebayo Adelabu, said this in Lagos on Tuesday at the Nigeria Energy Leadership Summit.

Despite a series of efforts to make power available to Nigerians, the power sector seems to have defied all solutions by successive governments to sanitise the industry.

Speaking at the conference, Adelabu said the Federal Government was aware that power centralisation could never work for Nigeria, and that was why President Bola Tinubu’s administration signed the Electricity Act in 2023.

“On legislation, the enactment of the Electricity Act 2023 remains a major milestone. Sincerely, it is the pathfinder.

It provides a robust governance and regulatory framework for the Nigerian electricity supply industry.

The Act devolves regulatory powers to the states, enables subnational markets, promotes competition, and empowers private participation across the value chain.

“The impact of this legislation includes decentralisation and liberalisation. A country as big as Nigeria, with almost a million square kilometres of landmass, over 200 million people, millions of businesses, thousands of institutions (health and educational institutions), 36 states plus the Federal Capital Territory, and 774 local governments—centralisation cannot work for us.

The responsibility of providing stable electricity can never be left in the hands of the Federal Government.

“At the centre, you cannot, from Abuja, guarantee stable power across the country. So this is one thing that the Act has achieved—decentralisation. That has now allowed all the states or the subnationals to play in all segments of the power sector value chain—generation, transmission, distribution, and even service industries supporting the power sector,” he stated.

Presently, Adelabu said the Federal Government was pursuing a comprehensive agenda to reposition the power sector for sustainability, efficiency, and growth.

“This approach spans critical pillars, which include legislation, policy reforms, infrastructure development, energy transition, asset expansion, local content, and capacity development. each designed to address structural challenges, unlock private capital, and enhance service delivery across the electricity value chain, to achieve functional, reliable, affordable electricity throughout Nigeria to power our households, our businesses, our offices, our institutions, and our industries, thereby improving the economic prosperity of our people,” he noted.

The minister maintained that the private sector must get involved if the nation is serious about having a reliable power sector.

“The investment required can never be made available by the government. There are too many competing sectors—education, health, defence, works, aviation, and so on. They all compete for the limited funds from the Federal Government. So, given the level of investment required in this sector, we need private capital infusion, both local and foreign. The developed nations have done their bit, and they are still supporting us, but it can never be enough if private sector investors are not involved. That’s one advantage of this legislation, and I believe the states and private sector investors are up to the task.

See also  See what caused Abuja-Kaduna train derailment

“The Act devolves regulatory powers to the states, enables supply chain markets, promotes competition, and empowers private participation across the value chain. This represents a clear shift towards a liberalised and investment-friendly electricity market,” he stressed.

15 states get regulatory autonomy

Since the passage of the Electricity Act, Adelabu said 15 states have received regulatory autonomy and established subnational electricity markets, with one, Enugu, fully operationalised through the Enugu Electricity Regulatory Commission.

“I believe other states will follow suit in operationalising the autonomy granted, with full collaboration of the national regulator. We are working actively with these states to ensure strong alignment between the wholesale market and the retail market.

“In this regard, we believe the active involvement of the state governments, particularly in the off-grid segment, is critical, given the series of roundtable engagements held with governors by the Rural Electrification Agency, as well as ongoing efforts to closely track the distribution companies’ performances within their respective jurisdictions. The Managing Director of REA, Abba Aliyu, has held meetings with almost 20 states regarding the national electrification programme across the country, and this is an opportunity and a platform for the subnationals to leverage and start to activate the autonomy they have been granted,” Adelabu emphasised.

He charged the states to raise the bar.

“The states must raise the bar. I know Lagos State said it is ready to lead the pack. Let that not end on our lips. We must take the necessary steps to achieve this. They say that cows don’t make milk; we milk the cows. You need to take steps to ensure you activate this autonomy. We must take that step to milk the cow and make it up.

“Beyond that, we need to start engaging local and foreign investors at the state level. We have the autonomy. There are lots of investors interested in establishing generation outfits in your states. It could be thermal, small hydro, solar, or a wind farm to generate power in your states. It guarantees the energy security of your state. A lot of our states are bigger than some West African countries, and they’re running as countries. Who says we cannot run our states the way these people run their countries?

“We have the autonomy; we have the platform legally now. So, I believe we need to take the right step and get more involved, especially when it comes to the rural areas, the unserved communities, the underserved communities, and the semi-urban areas. You can start from that, not just providing electricity to households or lighting up households with solar systems and all that. You can do that, but it must include productive use of equipment that can boost the prosperity of your people at the rural level.

See also  Ondo reiterates commitment to effective planning, sustainable growth

“There is a rural economy with huge potential, not just in agriculture alone. There are some small-scale enterprises in the local environment that can be boosted by supplying reliable electricity,” he added.

States told to challenge DisCos, TCN

The minister charged state governors to start challenging power distribution companies and the Transmission Company of Nigeria.

“You need to start challenging the TCN when it comes to grid supply. The transmission company has been broken into two, now the Transmission Service Provider and the Nigerian Independent System Operator. Challenge them: ‘Take light to my state, drop light for me,’ then you take up the decision from there.

“Now you need to get closer to the DisCos. You have to drive the DisCos. You have to track their performance. You have to monitor their performance because the provision of electricity is an electoral promise of every state governor. Challenge DisCos, get closer to them, and monitor their performance. NERC or the Ministry of Power cannot effectively track these DisCos from Abuja. You are closer to them. Challenge them, and they will provide power for your people,” Adelabu said.

States are ready – Enugu commission

Speaking with our correspondent at the conference, the Chairman and Chief Executive Officer of the Enugu Electricity Regulatory Commission, Chijioke Okonkwo, said states are ready to provide a stable power supply to residents.

Okonkwo maintained that the minister was right when he said states had to take over power generation, transmission, and distribution, saying, “That is the way to go.”

He said Enugu took the lead by establishing its regulatory commission.

He invited investors to come and build mini-grids in Enugu, saying the state and its policies are investor-friendly.

The Governor of Lagos State, Babajide Sanwo-Olu, who was represented at the event by the Commissioner for Energy and Mineral Resources, Biodun Ogunleye, also invited investors to the state.

See also  VIDEOS & PHOTOS: FRSC Blames Speeding, Wrongful Overtaking for Anthony Joshua Crash

Sanwo-Olu said the state was ready to collaborate with anyone or organisation willing to invest in the state’s electricity market.

The Governor of Katsina State, Dikko Radda, represented by his deputy, Faruk Lawal-Jobe, also disclosed the state’s readiness to invest in the power sector, collaborate with investors, and light up the state.

Speaking on power commercialisation, Adelabu noted that the government was deepening this to strengthen revenue, liquidity, and investor confidence.

According to him, through tariff policy reforms that enable cost-reflective tariffs for select consumers, supply reliability has improved while reducing energy costs for industries.

Industry revenue, he added, had increased by 70 per cent to N1.7tn in 2024 compared with the previous year, and revenue is expected to exceed N2tn in 2025.

At the Nigeria Energy Conference, Adelabu told stakeholders, investors, financiers, and innovators that Nigeria’s power sector remains open and ready for business more than ever before.

“We recognise that achieving the scale of investment required to transform the sector demands greater private sector participation across the entire value chain, particularly in the transmission segment. A useful reference is South Africa’s ambitious $25bn transmission grid expansion initiative, which seeks private developers to deliver 14,000 kilometres of new power lines and connect over 59 gigawatts of new capacity within the next 14 years. This is remarkable when compared with Nigeria’s Presidential Power Initiative (the Siemens project) valued at $2.3bn,” he said.

The minister regretted that Nigeria currently has over 10GW of stranded generation capacity—energy that could power industries, create jobs, and even support electricity exports to neighbouring countries through the regional power pool.

“We are therefore open to strategic partnerships to mobilise the necessary investments and unlock this potential. Our market fundamentals are improving, our policy environment is clear, and the national leadership is committed to creating the enabling conditions for long-term investment and innovation,” he submitted.

Since the Electricity Act was signed in 2023, 21 states have yet to set up their electricity markets. The 15 that have autonomy have not invested in the value chains as they look up to investors.

Adelabu’s charge might be a wake-up call to states to recognise the enormity of the power they now possess under the current legislation. If the states heed his call and invest in the value chains, experts believe this will disrupt the sector, boost power accessibility, reduce reliance on the national grid.

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

TUMBLR

INSTAGRAM

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Reps order IG to produce fake, PFIPC agency DG Adeyemi within 48 hours

Published

on

The House of Representatives Committee investigating the operations of the controversial Presidential Foreign Investment Promotion Council has directed the Inspector-General of Police, Olatunji Disu, to produce the self-acclaimed Director-General of the organisation, Adeyemi Adeniyi, before it on Wednesday.

The directive was issued on Monday during the resumed investigative hearing at the National Assembly Complex, Abuja.

Representing the IG, Assistant Commissioner of Police, Bashir Abdullahi, appeared before the committee and was instructed to ensure Adeyemi’s appearance by noon on Wednesday to assist lawmakers in their ongoing investigation into the activities of the organisation.

The committee is probing the circumstances under which the PFIPC, despite not being legally established, allegedly secured office accommodation in Phase III of the Federal Secretariat Complex in Abuja and received a budgetary allocation of ₦1.32bn in the 2026 Appropriation Act.

The directive followed the Nigeria Police Force’s confirmation of key aspects of its criminal investigation, including petitions from the Office of the Chief of Staff to the President alleging that Adeyemi fraudulently presented himself as the Director-General of both the Presidential Economic Advisory Council and the Presidential Foreign Investment Promotion Council.

The Committee Chairman, Yusuf Gagdi, said Adeyemi’s appearance had become imperative given the seriousness of the allegations and the institutions implicated in the matter.

“This committee clearly needs the suspected DG to appear before this committee. People’s names are involved. People’s integrity are involved. Institutional names are involved. Institutional integrity is involved.

“It is not an option now. We will need him here to confirm some documents to us in such a way that will not undermine our investigation to enable us to submit our report on time,” Gagdi said.

See also  VIDEOS & PHOTOS: FRSC Blames Speeding, Wrongful Overtaking for Anthony Joshua Crash

The committee subsequently directed its clerk to formally communicate its resolution to the Inspector-General of Police.

“The committee hereby resolves that the Inspector-General of Police of the Federal Republic of Nigeria do kindly present Mr Adeyemi on Wednesday by 12 noon. That is the ruling of the committee,” Gagdi declared.

Earlier, ACP Abdullahi informed lawmakers that although investigations were ongoing, the police had already filed an eight-count charge against Adeyemi before the Federal High Court.

“The Nigerian Police Force investigated part of this case late last year and filed eight-count charges before a Federal High Court. The case is ongoing,” he said.

He disclosed that the suspect had been arrested and arraigned, but cautioned against making public disclosures that could prejudice the ongoing investigation or judicial proceedings.

“We don’t want to say things that are under investigation. It is definitely going to prejudice the ongoing investigation and make people have opinions that may prejudge the outcome of an investigation or judicial decision,” Abdullahi stated.

Despite the police’s reservations, the committee sought confirmation of documentary evidence already in its possession.

The police confirmed that on October 17, 2025, the Office of the Chief of Staff to the President petitioned security agencies over allegations against Adeyemi, prompting investigations that culminated in criminal charges bordering on conspiracy and fraud.

Investigators also confirmed receiving another petition alleging that Adeyemi falsely presented himself as the Director-General of both the Presidential Economic Advisory Council and the Presidential Foreign Investment Promotion Council.

According to the police, the petition alleged that Adeyemi used the purported office to obtain accommodation within the Federal Secretariat, sought approval to recruit about 300 personnel, attempted to secure a $1.3 billion allocation in the 2026 Appropriation Act for the non-existent agency, and planned to organise a World Investment Summit under the platform of the purported council.

See also  DSS frees Ogun pastor, associates after public outcry

One of the highlights of the hearing came when the committee compared signatures on documents allegedly issued from the Office of the Chief of Staff to the President with signatures on authentic official correspondence obtained by the police.

When asked whether the signatures matched, the police witness responded unequivocally,”They are not the same.”

The committee said the discrepancy reinforced concerns that official State House documents may have been forged.

Gagdi further asked, “So, it is not only a letter that was suspected to be forged? We are dealing with documents that include what is said to be a forged Act of the National Assembly in an attempt to establish a fake agency,” he added.

Gagdi disclosed that investigators had identified about 29 allegedly forged documents, including purported approvals from the State House, the Office of the Head of the Civil Service of the Federation, the Office of the Secretary to the Government of the Federation, the Ministry of Finance and several other government institutions.

According to him, representatives of many of the affected agencies had already appeared before the committee and disowned the documents attributed to their offices.

Gagdi, however, stressed that the committee had deliberately avoided compelling the police to disclose information that could compromise ongoing criminal investigations.

“We are avoiding a situation whereby they will be pushed to make statements that will undermine their ongoing investigation,” he added.

He assured that the House investigation would continue independently and that its final report could recommend further action by relevant security agencies.

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

See also  Ondo reiterates commitment to effective planning, sustainable growth

Continue Reading

News

Forged state house letter used to create fake PFIPC agency, Acct-General reveals

Published

on

The House of Representatives’ investigation into the operations of the controversial Presidential Foreign Investment Promotion Council took a dramatic turn on Monday after the Accountant-General of the Federation, Shamseldeen Ogunjimi, revealed that a forged State House letter was used to obtain official government recognition for the ‘fake’ agency.

Appearing before the House Ad Hoc Committee probing the circumstances surrounding the establishment and operations of the council, Ogunjimi disclosed that the Office of the Accountant-General acted on what appeared to be an authentic correspondence from the presidency requesting the creation of an administrative code for the PIFPC, only for investigations to later establish that the letter did not originate from the State House.

The revelation is the latest in a series of disclosures before the committee, which is investigating how a non-existent presidential agency allegedly secured office accommodation in the Federal Secretariat, sought budgetary allocations, recruited personnel and obtained official government recognition through what investigators believe were forged documents.

Presenting his report, Ogunjimi said the Office of the Accountant-General first interacted with the purported council in November 2024.

According to him, “a letter dated November 7, 2024, bearing a State House reference number, requested the creation of an administrative code for the Presidential Economic Advisory Council to facilitate budgeting, accounting and financial reporting.”

He explained that, in line with established procedures, “the Office of the Accountant-General processed the request, created the administrative code and communicated its approval to the State House,” with a copy sent to the Office of the Auditor-General for the Federation.

See also  Segun Showunmi urges stricter regulations for broadcast media

Following that approval, the office received additional requests from the purported council, including applications for self-accounting status, deployment of personnel, opening of Treasury Single Account and domiciliary accounts, as well as funding approvals.

Ogunjimi, however, stressed that although some administrative processes were carried out, no public funds were ever released to the council.

“It is important to note that no funds were released under salaries, overhead, capital, or any form of intervention or special allocation to the council,” Ogunjimi told the committee.

He further disclosed that while the council requested an establishment grant of ₦27.4bn, the application was rejected because there was no budgetary provision for such expenditure.

The Accountant-General also explained that although the Central Bank of Nigeria opened two domiciliary accounts for the organisation to receive inflows, the accounts never became operational because the council failed to satisfy the regulatory conditions required for their activation.

Lawmakers expressed concern over how the purported agency was able to navigate several layers of government bureaucracy without raising suspicion.

Responding, Ogunjimi made what committee members described as one of the most significant revelations of the hearing.

“The letter that was received by the Treasury was respectfully addressed as coming from the State House. That letter was never issued by the State House”, he said

The disclosure prompted members of the committee to conclude that a “hijacked” State House letter had allegedly been used to mislead government institutions into processing official requests for an agency that had no legal existence.

The committee also questioned how civil servants originally posted to the Office of the Chief Economic Adviser to the President eventually became attached to the purported council without the knowledge of the Office of the Accountant-General.

See also  Bear kills man in Japan

Ogunjimi explained that two officers deployed to the Office of the Chief Economic Adviser in 2010 and 2013 remained in the office after it was allegedly taken over by the new council, but no formal communication was sent to the treasury notifying it of any change.

“It was never assumed or written to us that those two officers were being taken over. The staff also never reported to the office to say that another council had taken over the office and the name had changed. As far as I was concerned, we were dealing with a new agency, not the Office of the Chief Economic Adviser,” he said.

He further disclosed that when the purported council later requested the deployment of five additional officers, the treasury approved only three after determining that the organisation’s size did not justify the number requested.

“It was when all this matter came to light that I got to know that two of our staff were actually working or being absorbed by the agency. We never knew. We believed, based on the records available to us, that those officers were still with the Office of the Chief Economic Adviser,” he added.

The ongoing House investigation centres on allegations that forged presidential approvals, counterfeit State House correspondence, fake Acts of the National Assembly and other falsified government documents were used to create and operate the purported Presidential Foreign Investment Promotion Council and the Presidential Economic Advisory Council.

The committee has already heard evidence from the Nigeria Police Force, which confirmed that criminal charges bordering on conspiracy and fraud have been filed against the prime suspect, Adeyemi Adeniyi, at the Federal High Court.

See also  Ondo reiterates commitment to effective planning, sustainable growth

At its sitting on Monday, the committee also directed the Inspector-General of Police to produce Adeyemi before lawmakers by noon on Wednesday to answer questions relating to the alleged forgery of official government documents and the operations of the purported presidential agency.

The committee is expected to conclude its investigation with recommendations on possible administrative, legislative and criminal actions against those found culpable.

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

Continue Reading

News

See full list of African countries that do not need proof of funds for UK’s student visa

Published

on

The United Kingdom on Monday updated its financial requirements for applicants seeking Student and Child Student visas, retaining stricter evidence rules while exempting nationals of only three African countries from submitting proof of funds at the point of application.

The updated guidance, published by the UK government on its website, listed Botswana, Mauritius and Tunisia as the only African countries whose nationals will not be required to provide financial evidence upfront unless requested during the visa decision-making process.

Other countries on the exemption list include Australia, Canada, China, Japan, New Zealand, Singapore, the United States, France, Germany, Italy, Spain, the United Arab Emirates and Qatar, among others.

Despite the exemption, the UK clarified that applicants from the listed countries must still meet all financial requirements and could be asked to provide evidence during the application process.

The guidance stated, “You must meet the financial requirements for this route when you apply; however, you may not need to submit evidence upfront as part of your application. In these circumstances, the decision maker may still request the evidence from you during the application process to prove you meet the financial requirements.”

The development means applicants from major African source countries for UK education, including Nigeria, Ghana, Kenya, South Africa, Egypt and others not listed, will continue to submit financial documents as part of their visa applications.

Under the revised rules, applicants for a Student visa must demonstrate they have sufficient funds to cover tuition fees as stated on their Confirmation of Acceptance for Studies and living expenses.

See also  You Are Behaving As If There Is No Authority To Call You To Order – Alaafin Blasts Ooni Of Ife, Gives 48-Hour Ultimatum

Students studying outside London are required to show they have £1,171 for each month of their course, up to a maximum of nine months, while those studying in London must show £1,529 per month for the same period.

Applicants travelling with dependants must also show additional funds. Those studying outside London must have £680 per month for each dependant, while applicants studying in London must show £845 monthly for each dependant, both for up to nine months.

For Child Student visa applicants, the required maintenance funds vary depending on their living arrangements, including boarding school accommodation, foster care, residence with parents or legal guardians, or independent living for eligible 16 and 17-year-olds.

The UK government also outlined acceptable sources of funds, including government-backed student loans, official financial sponsorship, personal savings and money belonging to parents or eligible partners.

However, it said applicants cannot rely on overdrafts, cryptocurrency holdings, stocks and shares, pensions or funds kept in unregulated financial institutions.

The guidance further requires applicants using personal or family funds to show that the required amount has been held for at least 28 consecutive days before the application, with financial evidence dated no more than 31 days before submission.

The UK also maintained exemptions from providing financial evidence for certain categories of applicants, including those applying to extend their stay after spending at least 12 months in the country on a valid visa, Student Union Sabbatical Officers, doctors and dentists in training, and applicants whose nationality qualifies for the reduced documentary requirement.

The latest update comes as the UK continues to tighten oversight of its international student visa system while maintaining financial eligibility requirements for prospective students seeking to study in the country.

See also  Statement on the Rejection of Sharia Law in South-West Nigeria

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

Continue Reading

Trending