Headlines
Minister of Power seeks increased investments in electricity industry

The Minister of Power, Mr Abubakar Aliyu, on Tuesday, urged investors to tap into the numerous investment opportunities that abound in Nigeria’s Electricity Supply Industry (NESI).
This is contained in a statement by Mr Odutayo Oluseyi, Assistant Director, Information/Press, Ministry of Power issued in Abuja.
Aliyu was quoted to have said this at the 2-day Nigeria-India business forum.
He said that with the commitment made by President Muhammadu Buhari, at the Conference of Parties’ 26th Annual Summit (COP26) in Glasgow, where Nigeria planned to achieve Net Zero Carbon Emission by 2060.
The minister said structures were being put in place to increase the opportunity for investment in Gas-to-Power and other gas-related opportunities.
“The efforts by the government are paying off and will eventually eliminate the issues of gas constraints along the gas network.
“We are putting in all these efforts to ensure that timely Return on Investments (ROI) is realised.
” Let me emphasise that the NESI is young with many investment opportunities, ‘’he said.
The minister said that the power sector, like most other sectors, had suffered many years of neglect resulting in the sorry state of its infrastructure.
According to him, several efforts had been made to create an enabling environment under the Buhari-led administration.
He said that the administration had done this by retooling policies, initiating of programmes that are geared towards attracting the right investment and boosting investor confidence.
Speaking on the Nigeria-India Business Forum, he said that it was a strategic platform that has the possibility of showcasing the investment opportunities in the Nigerian Power Sector.
“With the outlook of increasing energy demand in Nigeria, it is imperative that the government take a forward-looking approach towards building future energy sources that are secure, sustainable, affordable and reliable,’’ he said.
Inaugurating the forum, Vice-President, Prof. Yemi Osibanjo, encouraged entrepreneurs to take advantage of the huge investment opportunities in various sectors of the economy in Nigeria.
Represented by the Minister of Mines and Steel Development, Olamilekan Adegbite, he expressed optimism that the forum would solidify the existing business relationship between Nigeria and India with mutual benefits to both countries.
The News Agency of Nigeria reports that Aliyu was among the dignitaries honoured by the forum in appreciation of his unwavering support and unrelenting guidance towards the success of the forum.
The forum had in attendance various investors and would-be investors from Nigeria and India, members of the Diplomatic corps of both countries, the military and various stakeholders, among others.
Headlines
Benue IDPs block highway, demand return to ancestral homes

Vehicular movement along the Yelwata axis of the Benue–Nasarawa highway was brought to a standstill on Wednesday as Internally Displaced Persons, IDPs, staged a protest, demanding immediate return to their ancestral homes.
The protesters, believed to be victims of persistent attacks by suspected herdsmen, blocked both lanes of the busy highway for several hours, chanting “We want to go back home”.
The protest caused disruption, leaving hundreds of motorists and passengers stranded.
Eyewitnesses said the displaced persons, many of whom have spent years in overcrowded IDP camps, are expressing deep frustration over the government’s delay in restoring security to their communities.
“We have suffered enough. We want to return to our homes and farms,” one of the protesters told reporters at the scene.
Security personnel were reportedly deployed to monitor the situation and prevent any escalation, though tensions remained high as of press time.
Efforts to reach the Benue State Emergency Management Agency, SEMA, and other relevant authorities for comment were unsuccessful.
Headlines
NNPCL reveals decision not to sell Port Harcourt refinery

The Nigerian National Petroleum Company Limited, NNPCL has officially decided not to sell the Port Harcourt Refining Company.
NNPCL has, instead said it is committed to conducting an extensive rehabilitation of the facility and ensuring its continued operation.
During a company-wide town hall meeting held at the NNPC Towers in Abuja, Bayo Ojulari, the Group Chief Executive Officer of NNPC Ltd, announced the decision regarding the future of the nation’s most significant state-owned refining asset, putting an end to weeks of speculation.
A statement by NNPCL reads, “The Nigerian National Petroleum Company Limited has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-grade rehabilitation and retention of the plant.
“The ongoing review indicates that the earlier decision to operate the Port Harcourt refinery, before full completion of its rehabilitation, was ill-informed and subcommercial.
”Although progress is being made on all three, the emerging outlook calls for more advanced technical partnerships to complete and high-grade the rehabilitation of the Port Harcourt refinery.
”Thus, selling is highly unlikely as it would lead to further value erosion.”
Headlines
Tinubu appoints Olumode Adeyemi as Federal Fire Service boss

President Bola Tinubu has approved the appointment of Adeyemi Olumode, as the new Federal Fire Service, FFS, Controller-General.
The appointment was announced on Wednesday on behalf of the Federal Government by retired Maj.-Gen Abdulmalik Jubril, Secretary of the Civil, Defence, Correctional, Fire and Immigration Services Board, CDCFIB.
Jubril said the appointment followed the retirement of the current Controller-General, Abdulganiyu Jaji, on August 13.
Jaji is retiring upon attaining the age of 60 by August 13.
Jibril further disclosed said that Adeyemi Olumode is qualified for the position, having attended and passed all mandatory in-service training, Command courses as well as other courses within and outside the country.
“He brings a wealth of experience to his new role, having transferred his service from the FCT Fire Service to the Federal Fire Service and grown to the rank of DCG in the Human Resource Directorate of the Service Headquarters.
“He has served in various capacities and is equally a member/fellow of the following professional associations including Association of National Accountants of Nigeria, ANAN, Institute of Corporate Administration of Nigeria, Institute of Public Administration of Nigeria and Chartered Institute of Treasury Management of Nigeria.”
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