Headlines
FG develops renewable energy policy to add 30,000MW of electricity
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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)
Defence
Victory Against Terror: Troops Eliminate 152 Terrorists, Rescue 91 Hostages in Nationwide Crackdown
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Victory Against Terror: Troops Eliminate 152 Terrorists, Rescue 91 Hostages in Nationwide Crackdown
The Defence Headquarters (DHQ) announced on Friday that troops had successfully neutralized 152 terrorists, arrested 109 suspects, and rescued 91 kidnapped hostages during operations conducted across the country in the past week.
Maj.-Gen. Edward Buba, Director of Defence Media Operations, provided the update during a briefing in Abuja, noting that significant blows were dealt to terrorist strongholds in Katsina and Kaduna states. Key operations targeted two notorious terrorist commanders, Sadiku and Alhaji Yusuf, leading to the decimation of their enclaves.
“Sadiku’s base was located at Tsora Hill in Safana Local Government Area of Katsina State, while Alhaji Yusuf’s stronghold was at Yadi Forest in Giwa Local Government Area of Kaduna State,” Buba revealed.
In addition, two female terrorist collaborators, responsible for negotiating ransoms with the families of kidnapped victims, were apprehended. Troops also recovered an impressive cache of 183 weapons and over 4,000 rounds of ammunition, including 95 AK-47 rifles, locally made guns, and other heavy arms.
“On the whole, the gallant men and women of the armed forces continue to take pride in putting themselves in harm’s way to ensure the safety and security of citizens,” Buba stated, calling for continued support from the public in the fight against terrorism.
In the North East, under Operation Hadin Kai, 63 terrorists were eliminated, 38 suspects were arrested, and 35 hostages were rescued. Buba added that between August 28 and September 4, a total of 196 terrorists surrendered, including 19 adult males, 70 adult females, and 107 children. A successful airstrike on August 31 also killed an ISWAP spiritual leader, Goni Sanda, along with several other terrorists in Borno State.
Meanwhile, in the North Central, troops under Operations Safe Haven and Whirl Stroke neutralized three extremists, arrested 40 suspects, and rescued 28 hostages. In the North West, Operation Hadarin Daji forces killed 105 terrorists, arrested 21, and freed 36 hostages.
In the Niger Delta, under Operation Delta Safe, troops destroyed 58 illegal refining sites and recovered over 1.2 million liters of stolen crude oil and illegally refined diesel. Additionally, 36 suspected oil thieves were arrested.
In the South East, under Operation UDO KA, two violent extremists were apprehended, and two hostages were rescued.
All arrested suspects, recovered items, and rescued hostages have been handed over to the relevant authorities for further action, Buba confirmed.
Headlines
EFCC Warns Businesses Against Aiding Criminals, Urges Compliance with Money Laundering Act
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EFCC Warns Businesses Against Aiding Criminals, Urges Compliance with Money Laundering Act
The Economic and Financial Crimes Commission (EFCC) has called on Designated Non-Financial Businesses and Professions (DNFBPs) to ensure full compliance with the Money Laundering Prohibition and Prevention Act of 2022.
This warning was issued during a sensitization programme organized by the EFCC’s Special Control Unit Against Money Laundering (SCUML).
EFCC’s Acting Director for Lagos, Michael Wetkaz, highlighted the global efforts to combat terrorism and warned businesses not to provide a safe haven for criminal elements. “The financial institutions have been regulated, and terrorism has become a global concern. Nations have tightened measures to ensure criminals have no space to operate,” Wetkaz said.
He urged DNFBPs, which include casinos, real estate agents, dealers in precious metals and stones, lawyers, and other professionals, to be vigilant and report any suspicious activities. “If you allow these criminal activities to pass through your businesses, it will worsen the insecurity situation in the country,” he cautioned.
Aminu Ahmed, an Assistant Commander of the EFCC, reminded operators to report currency transactions above N5 million for individuals and N10 million for corporate bodies. He emphasized the importance of appointing compliance officers and adhering to anti-money laundering regulations.
The training also covered topics such as beneficial ownership, financial sanctions, and reporting requirements for Politically Exposed Persons (PEPs), with ACE II officer Folasade Oluwasanya stressing the importance of awareness in curbing financial crimes.
Agriculture
Minister pledges sustained investment in agricultural production in FCT
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Minister pledges sustained investment in agricultural production in FCT
Dr Mariya Mahmoud, Minister of State for the Federal Capital Territory (FCT), has pledged the FCT administration’s commitment to sustaining investment in agricultural production in the territory.
Mahamoud said this at the inauguration of the disbursement of grants to beneficiaries of the 4th batch of the FCT Fadama Covid-19 Action Recovery and Economic Stimulus (CARES) Programme, on Thursday in Gwagwalada.
She said the initiative is aimed at reducing poverty and improving livelihoods for the poor and vulnerable agricultural households in the territory.
The minister said the FCT Fadama CARES Programme would increase food security and the safe functioning of the food supply chain in the FCT.
She said the programme was designed to support the recovery of livelihood activities of the poor and vulnerable persons engaged in the agricultural value chain, with consideration to women and youths.
According to her, it is gratifying to note that within the first year of the current administration in the FCT, the Fadama CARES programme has disbursed grants to 3,150 beneficiaries under the third batch.
Mahmoud said the programme would provide grants to an additional 6,020 new beneficiaries under the fourth batch.
She said that 9,170 beneficiaries would benefit from the programme during the first year of the current FCT administration.
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