Headlines
FG develops renewable energy policy to add 30,000MW of electricity
The Federal Government said it had developed a National Renewable Energy and Energy Efficiency Policy with accompanying Vision 30:30:30 to add 30,000MW of electricity by the year 2030.
Minister of Power, Mr Abubakar Aliyu said this in Abuja at the 5th National Council on Power (NACOP) with the theme“ Sustaining and Improving Electricity Supply through the Power Sector Value Chain for Socio-Economic’’.
Aliyu said that renewable energy would contribute 30 per cent of the energy mix to the policy.
He said that renewable energy was taking the centre stage of the ongoing reforms in the power sector as it is visible from the ongoing and completed projects in the Zungeru Hydroelectricity Power Project which is at 97 per cent completion.
“ It is expected to provide 700 Megawatts to the national grid while Kashimbila Hydroelectricity Project will be providing 40 Megawatts to the grid.
“And Dadin-kowa dam is also providing 40 Megawatts to the national grid among others, ‘’ he said.
According to him, the power sector is undergoing various reforms aimed at improving the sector, adding that the government is presently investing in power infrastructures.
He said that these investments were especially in the Transmission Company of Nigeria (TCN) through various interventions.
READ ALSO:Man in court for allegedly stealing N3.27m
The minister said that the projects were funded by International Organisations like the World Bank, African Development Bank and a host of others to strengthen the national grid.
“Government to Government collaboration between Nigeria and Germany resulted in a loan agreement which was provided on concessionary terms through Siemens Company to rehabilitate the Nigeria Electricity Industry (NESI) and the value chain in the industry.
“Through the agreement with Siemens, orders had been made for the purchase of 10 morbid power transformers and 10 mobile substations.
“The 10 morbid power transformers to be situated across the country have started arriving, ‘’ he said.
Aliyu urged participants to appraise recommendations of the technical experts’ submission on various memoranda carefully to enable NACOP arrive at objective conclusion that will improve the activities in the power sector.
He said that forums such as NACOP were necessary towards building synergy in policy formulation and implementation for the provision of adequate and reliable power supply.
“To drive the socio-economic development of the nation that will catapult the nation to the next level of industrial development, ‘’ he said.
On his part, Chairman, Senate Committee on Power, Sen. Gabriel Suswam said the challenges of NESI since the completion of privatisation in 2013 were well known to all the stakeholders and participants present.
These challenges which are mainly operational in nature or manifest as a result of lapses in extant policies or statutory framework include absence of cost reflective tariff and inadequate enumeration.
“ Metering of consumers limited access to funds for investment inadequate supply amongst others.
“As you deliberate on the theme of the 5th edition of NACOP, you ponder on these aforementioned challenges.
“I would like to assure NACOP of the support of the National Assembly, especially committees on power, to always give legislative backing to resolutions and policy recommendations of NACOP towards improving electricity supply in the country, ‘’ he said.
Minister of FCT, Mohammed Bello said that the theme of the conference speaks in no uncertain terms, to the importance of the electricity value chain to the socio economic development of the country.
The minister, represented by Mr Shehu Ahmad, Executive Secretary, Federal Capital Development Authority(FCDA) said that the importance of value chain to economic development calls for synergy between operators and players within the power sector.
“ There is the need therefore for increased investment in the power sector value chain especially by the organised private sector, working together in line with the vision and policies of the government cannot be over emphasised.
“It is thus our expectations that the 2022 NACOP will evolve policies that will sustain and build on the gains made in the power sector over the last few years.
“ While bearing in mind that reviving the Nigerian economy and sustaining growth depends to a large extent on an efficient and functional energy sector, ‘’ he said .(NAN)
Headlines
FRSC warns truck drivers against speeding, reckless driving
Mr Joshua Ibitomi, the Area Commander of Federal Road Safety Corps (FRSC),
Ibeju-Lekki, Epe Division, Lagos State, has warned truck drivers against speeding and reckless driving.
He gave the warning in an interview with the News Agency of Nigeria (NAN) in Ibeju-Lekki on Tuesday.
The FRSC official, who blamed speeding on the ghastly vehicle accident that occurred at Aiyetoro market in Epe
which claimed several lives and left some injured, said that with careful driving, such accident could be avoided.
He added that “the accident was as a result of speeding, reckless driving and loading of truck beyond its capacity.
“All these are factors responsible for accident when drivers are not conscious of the driving rules.
“Vehicle can develop technical fault at any time, therefore, speed limit and caution need to be applied while driving.”
He said FRSC had been sensitising drivers on the need to install speed limit device and be road conscious while driving, in line with the mandate to instill decent use of road.
Ibitomi also advised passers-by and the public to be safety conscious while walking on roadsides to avoid falling victim of accidents.
He attributed major road crashes on roads to speed limit violation, urging drivers to respect the sanctity of human life by obeying traffic rules.
He added that the FRSC had evolved measures to ensure accident-free yuletide and new year festivities in 2024
Headlines
Trump Victory Sparks Celebration in Florida, Disappointment for Harris Supporters
Jubilant supporters celebrated Donald Trump’s apparent victory in Florida early Wednesday as he claimed a return to the White House, despite most major news networks holding off on officially calling the race.
At an event in Palm Beach, Trump supporters reveled in the win projected by Fox News, cheering as the former president declared a “political victory that our country has never seen before.”
“I feel extraordinary,” said 68-year-old supporter Ted Sarvanis, dancing with arms in the air. “This is the greatest American political story in the history of the country.”
Joined by running mate J.D. Vance, Trump took the stage, celebrating his projected win. The atmosphere at the convention center was electric, with supporters sporting “Make America Great Again” caps and mingling in formal attire and Trump-themed clothing.
“I feel relieved. I was a little bit scared because you never know how things are going to turn out,” said Stacy Kurtz, 45.
In contrast, a far different scene unfolded for Vice President Kamala Harris’s supporters at Howard University in Washington, where they were hoping for a Democratic win.
As the night wore on and Trump gained electoral votes in key battleground states, disappointment swept through the crowd.
“I am scared, I am anxious now,” said Charlyn Anderson earlier in the evening.
Democratic watch parties in places like Atlanta and Pennsylvania grew somber as results rolled in, with Lynn Johnson, 65, expressing concern, “It’s going to be dangerous if he wins. I don’t feel safe.”
While Trump’s supporters celebrated a comeback, the mood among Democrats was marked by worry and disbelief.
“He’s a terrible candidate, so it just doesn’t make sense,” said Harris supporter Ken Brown.
The contrasting scenes highlighted the nation’s deep political divide on election night.
Headlines
Tinubu Congratulates Trump on Historic Re-Election, Eyes Stronger U.S.-Nigeria Ties
President Bola Tinubu has extended warm congratulations to President Donald Trump on his re-election as the 47th President of the United States, expressing optimism for stronger ties between Nigeria and the U.S. in an era of global challenges.
The congratulatory message, issued by Tinubu’s Special Adviser on Information & Strategy, Bayo Onanuga, emphasises the Nigerian leader’s hopes for a renewed partnership between the two nations.
Following his victory on Wednesday, Trump pledged to “heal” the country, marking a stunning political comeback as he edged past Kamala Harris in a closely contested election.
Tinubu, in his message, affirmed, “Together, we can foster economic cooperation, promote peace, and address global challenges that affect our citizens.”
Tinubu highlighted that Trump’s return to the White House reflects the trust and confidence of the American people in his leadership, praising their commitment to democracy.
Given Trump’s experience from 2017 to 2021 as the 45th President, Tinubu foresees a new era of “earnest, beneficial, and reciprocal economic and development partnerships between Africa and the United States.”
The Nigerian President also expressed confidence that Trump’s leadership will contribute to peace and prosperity worldwide, acknowledging America’s significant influence on global affairs.
-
Business3 years ago
Facebook, Instagram Temporarily Allow Posts on Ukraine War Calling for Violence Against Invading Russians or Putin’s Death
-
Headlines3 years ago
Nigeria, Other West African Countries Facing Worst Food Crisis in 10 Years, Aid Groups Say
-
Foreign2 years ago
New York Consulate installs machines for 10-year passport
-
Technology2 months ago
Zero Trust Architecture in a Remote World: Securing the New Normal
-
Entertainment2 years ago
Phyna emerges winner of Big Brother Naija Season 7
-
Business6 months ago
Nigeria Customs modernisation project to check extortion of traders
-
Business8 months ago
We generated N30.2 bn revenue in three months – Kano NCS Comptroller
-
Headlines5 months ago
Philippines’ Vice President Sara Duterte resigns from Cabinet