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Policy Reforms, Market Efficiency Can Transform Nigeria’s Power Sector—Omoboriowo

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By Aduragbemi Omiyale

The chief executive of Genesis Energy Group, Mr Akinwole Omoboriowo, has highlighted the importance of policy reforms, market efficiency, and collaboration in driving Nigeria’s power sector transformation.

Speaking at the 2025 Nigeria Energy Leadership Summit organised in Lagos recently by Informa Markets, he disclosed that for Nigeria, it has already come up with good policies that have attracted more investments into the sector.

“For decades, Nigeria’s power sector has been characterised by immense potential but persistent challenges.

“With the introduction of the Electricity Act 2023, we now have a clear and enduring framework that defines how the sector will grow and operate,” he said at the event themed Powering Nigeria through Investment, Innovation and Partnership.

Speaking further in his keynote address titled Reimagining Investment in the Nigerian Electricity Supply Industry, the energy expert informed the audience that, “For the first time, sub-national governments can establish their own electricity markets, tailoring solutions to their unique economic needs.”

“The Act also gives legal recognition to off-grid and mini-grid projects, transforming them from pilot schemes into viable, bankable investment opportunities.

“This clarity is restoring investor confidence and creating space for innovation and competition across the value chain. These are the foundations of NESI 2.0 — a new, decentralised energy system built on policy certainty, private capital, and shared ambition,” he remarked at the programme, which had policymakers, financiers, and industry leaders in attendance.

Stakeholders gathered for the summit to discuss pathways for sustainable electricity supply in the country.

“At Genesis Energy, we are already translating these reforms into tangible results through partnerships that demonstrate what is possible when policy meets execution. Earlier this year, we signed a $500 million Memorandum of Understanding with the Katsina State Government to deploy large-scale solar photovoltaic and battery storage systems across the state.

“The first phase of this project powers the Katsina State General Hospital entirely through solar and battery systems, while the state government complex now operates on a hybridised model that delivers uninterrupted electricity. This initiative has already generated measurable outcomes — including an annual cost saving of over ₦3 billion and significant improvements in service reliability.

“Beyond cost savings, it shows how decentralised, state-led energy projects can strengthen local economies, create jobs, and enhance social infrastructure.

“These are not isolated interventions but signals of a maturing market — one where private capital and public policy are working in true alignment to power Nigeria’s growth,” Mr Omoboriowo noted.

In his remarks, the Minister of Power, Mr Adebayo Adelabu, further highlighted the role of public-private sector partnership in advancing the energy sector.

“The responsibility of providing stable electricity can never be left in the hands of the federal government alone. Given the level of investment required in this sector, we need private infusion, both local and foreign.

“We must engage local and foreign investors at the state level to establish generation, transmission, distribution, and off-grid solutions. This is especially critical for rural, unserved, and semi-urban communities.

“States now have the autonomy to develop their own power projects, including small hydro, solar, wind, or other generation options, and with partnerships with companies such as Genesis Energy, we can mobilize the expertise and technology, to make these projects successful. By doing this, we can guarantee energy security and unlock opportunities for local economic growth,” the Minister stated.

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DSS Accuses Malami, Son of Terrorism Financing in Court

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By Adedapo Adesanya

The Department of State Services (DSS) has arraigned the former Attorney General of the Federation (AGF) and Minister of Justice, Mr Abubakar Malami, and his son, Mr Abudlazizz Malami, on a five-count charge of abetting terrorism financing and illegal possession of firearms.

They were arraigned before Justice Joyce Abdulmalik of the Federal High Court in Abuja, where they pleaded not guilty to the charges.

In the charge, the former AGF was accused of knowingly abetting terrorism financing by refusing to prosecute terrorism financiers whose case files were brought to his office as the AGF in the last administration for prosecution.

Recall that the secret police had arrested Mr Malami, shortly after his release from Kuje prison in Abuja more than two weeks ago after Justice Emeka Nwite of the Federal High Court in Abuja granted him and two others bail in the sum of N500 million in another case involving the Economic and Financial Crimes Commission (EFCC).

Mr Malami and his son are also accused by the DSS of engaging in conduct in preparation to commit act of terrorism by having in their possession and without licence, a Sturm Magnum 17-0101 firearm, 16 Redstar AAA 5’20 live rounds of Cartridges and 27 expended Redstar AAA 5’20 Cartridges.

His arrest in January followed weeks of reports of surveillance by the secret police in front of the prison facility since the time Mr Malami, his wife and son were remanded there over the money laundering charges.

As per reports, Mr Malami had gathered that he would be picked up upon regaining his temporary freedom and so decided to wait out the DSS. However, after his eventual emergence, the operatives took the ex-AGF into detention again.

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Lagos Launches Coastal Community Responder Programme for Waterways Safety

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By Adedapo Adesanya

The Lagos State Waterways Authority (LASWA) has initiated an inter-agency partnership with the Centre for Rural Development (CERUD) to establish the Coastal Community First Responder Programme (CCFRP).

The first responder programme is aimed at promoting safe and secure transportation across Lagos waterways.

The initiative was unveiled during a meeting between a LASWA delegation and officials of the Ministry of Local Government, Chieftaincy Affairs and Rural Development at the secretariat in Alausa.

Leading the LASWA team, Mr Olademeji Shittu said the programme is designed to reduce fatalities and material losses on Lagos waterways, particularly in hard-to-reach coastal communities.

According to Mr Shittu, the CCFRP will focus on empowering community volunteers through targeted capacity building for sustainable rural development, while also equipping them with relevant skills that can enhance employability within the maritime sector.

He noted that trained volunteers will serve as community-based first responders, working in close collaboration with LASWA to strengthen search and rescue operations.

Providing the rationale for the programme, Mr Shittu highlighted the recurring cases of marine incidents and fatalities on Lagos waterways, often worsened by delayed emergency response in remote coastal areas.

He explained that residents of these communities are usually the first on the scene during accidents, making it necessary to formalise their role through structured training and partnerships.

He added that the collaboration with CERUD will help create a sustainable framework that aligns community development with safety and emergency response, while fostering a sense of ownership and responsibility among coastal residents.

According to a statement, the Coastal Community First Responder Programme is expected to enhance emergency preparedness on Lagos waterways, improve response times during marine incidents, and contribute to safer water transportation across the state.

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NLC, TUC Suspend Planned Protest, Ask FCTA Workers to Resume

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By Adedapo Adesanya

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their planned protest in the Federal Capital Territory and instructed workers under the Federal Capital Territory Administration (FCTA) to return to their duties with immediate effect.

The directive followed an overnight engagement involving labour leaders, the Minister of the FCT, Mr Nyesom Wike, and members of the Senate Committee on the FCT.

The meeting, which began late on Monday, stretched into the early hours of Tuesday, culminating in an agreement that led to the unions’ decision to halt the protest action and restore normal activities across FCTA offices.

This comes after Justice Emmanuel Subilim of the National Industrial Court issued an interim order restraining the NLC, TUC, and three others from embarking on any form of industrial action or protest.

Ruling on an ex-parte application filed by the Minister of the FCT and the FCT Administration, Justice Subilim granted an interim order restraining the 1st to 5th respondents and their privies or agents from embarking on strike pending the hearing of the motion on notice, also ordering the 5th-9th defendants who are security agencies to ensure no break down of law and order.

The ex-parte motion, which was filed by the counsel to Mr Wike and the FCTA, Ogwu Onoja, submitted that the Chairman of the FCT council had sent a message of mobilization to members and affiliated unions for a mass protest scheduled for February 3.

This move, he noted, was in violation of the orders of court, adding that after the ruling of the court on January 27, the order of the court was served on the defendants, same day the NLC and TUC issued a statement to all affiliated unions to intensify and sustain the strike.

The statement jointly signed by both unions directed that the striking workers should resume the strike as the unions’ counsel, Mr Femi Falana, has filed an appeal against the interlocutory ruling.

He further pointed out that With the statement, JUAC issued a circular directing all employees to continue the strike.

This position they say is aimed at causing break down of law and order in the Nations capital.

The court subsequently adjourned the case until February 10 for hearing.

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