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Agreement With Niger Delta Avengers Not Breached—FG

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By Modupe Gbadeyanka

Federal Government has said it has not in any way breached any agreement it had with the notorious Niger Delta Avengers (NDA).

Last week, the militant group threatened to resume hostilities in the oil rich region over the failure of government to honour its agreements with them.

But while address Political Editors in Lagos yesterday, Minister of Information and Culture, Mr Lai Mohammed, refuted the claims by the group, saying it is totally not true.

The Minister admitted that the threat was unsettling the Federal Government because of its effect on the nation’s economy; he however appealed for calm from the group.

“We are very worried about it (threat) because if the Avengers should start destroying our oil installations, it is going to bring the country back to its knees.

“And that is why we are appealing to them. We have not breached any agreement with them and we will rather appeal to them to understand that there is more to gain by all sides in engaging than in going back to the trenches.

“Even power has improved in the Niger Delta as well as infrastructure. Contractors can now go and work there.

“We are talking of University of Maritime Technology in the Niger Delta, Second Niger bridge and East- West road. I think what they are fighting for will be achieved much more if there is peace and we will continue our engagements with them because it will not be in the interest of anybody to have crisis,” Mr Mohammed told journalists.

Reacting to a question on how Nigerians doubt statements attributed to him, the Minister, who was the spokesman of the then opposition party now the ruling party, said, “I have two burdens. The first is that I happen to be the face of the opposition and PDP has not forgiven me and they will never forgive me.

“I think they look at the magnitude of what has happened to them and they hold me solely responsible; which is not fair.

“But, I did my beat. Now, becoming the face of government again, it is automatic that whatever comes from Lai Mohammed, we must shoot it down as fake news and a lie. Unfortunately, my father gave me the name Lai also.

“So, it makes it very easy for them. But, what I challenge them every time is, please, give me one thing I said that is not true.

“Emotionally, you may not agree with me, but in terms of facts and figures, I have never said anything which they can dispute. You don’t have to like them, but you can’t deny that they are facts.”

On the 2019 polls, the Minister warned Nigerians never to return the PDP to power.

“As to whether we are afraid of whether we are afraid of the PDP staging a comeback, I can confidently tell you that we are not even contemplating it. It will be a tragedy for Nigeria to fall back into the hands of PDP.

“They dropped us in hell and we are taking people out of hell. How can Nigeria now go back to Egypt? It is not about APC or President Buhari. With the kind of revelation that is coming out, the kind of rot, you want those people to come back and preside over the affairs of Nigeria again? What will happen to the investigations that were carried out if the PDP should win elections again? It will be swept under the carpet.

“This is the first time in the history of this country that we are making real recoveries. Just recently, we signed a Memorandum of Understanding (MoU) with the Swiss government to return $321 million that was stolen from the country. This is the first time this country is actually looking at our problems from a realistic and pragmatic viewpoint.

“We are not talking of what we are going to achieve in two years or three years. We are talking about laying a solid foundation for a Nigeria that our children will be able to thrive. Unfortunately, the reform agenda is always longer than the political agenda. In many parts of the world, they plan for 10, 15, 20 years. Nobody plans for four years.

“When you look at our Medium-Term Expenditure Framework (MTEF), we are talking about 2020, even though we know that there may be a change of administration depending on the outcome of the presidential election. But, you do not think in the short term. Nigerians should never pray for PDP to come back.

“When we negotiated with the Swiss government to return late General Sani Abacha’s loot, they gave us some conditions; one of which is that we must identify what programme we want to use the money for and that the World Bank will supervise what we are using the money for.

“When we argued that we are a sovereign country and that they can’t dictate to us how we are going to spend money that was stolen from our country, which they are returning, they said ‘yes, but when we returned part of it to your country under Goodluck Jonathan, you relooted it,’ and that is true.”

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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FG, Honeywell Explore Sustainable Development Opportunities

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By Modupe Gbadeyanka

The federal government and the Honeywell Group are strengthening a partnership aimed at achieving sustainable development in Nigeria.

The company on Thursday held a meeting with the Minister of Interior, Mr Olubunmi Tunji-Ojo, in Abuja. Both parties explored ways to promote economic development, reaffirming the importance of public-private sector cooperation in advancing Nigeria’s development agenda and improving service delivery for citizens.

The Senior Adviser to the Honeywell Group, Mrs Oduwaye Nsidi-Sakiri, reaffirmed the organisation’s commitment to supporting national development through constructive engagement and collaboration.

“We commend the remarkable progress that has been made. These achievements are a reflection not only of leadership but also of the dedication and hard work of the entire team within the Ministry,” she said.

She explained that the visit reflected Honeywell Group’s longstanding tradition of maintaining proactive and constructive relationships with government institutions, regulatory agencies, and other key public-sector stakeholders. She further expressed the group’s willingness to explore opportunities for collaboration in support of government initiatives and national development objectives.

Also speaking, Honeywell Group Chief Operating Officer, Mrs Tomi Ayo-Tugbo, commended the Ministry for reforms that are delivering tangible improvements in the lives of Nigerians, reiterating the firm’s commitment to supporting the country’s growth and prosperity.

On his part, Mr Tunji-Ojo praised the company for its longstanding contributions to Nigeria’s economy and acknowledged the critical role of the private sector in driving economic growth, creating jobs, and supporting national development.

He further assured the delegation of the Ministry’s readiness to engage with stakeholders and collaborate with responsible corporate organisations in advancing initiatives that promote economic development, innovation, and improved service delivery.

The Minister emphasised that the reforms being implemented across the Ministry and its agencies are designed not only to improve operational efficiency but also to strengthen national security and enhance public confidence in government institutions.

“Our goal is to build institutions that work efficiently for the people. We are committed to creating systems that are transparent, technology-driven, and capable of delivering services in a manner that reflects the aspirations of a modern Nigeria,” he stated.

“The government cannot achieve sustainable development alone. Strong partnerships between the public and private sectors are essential to building a prosperous nation. We value organisations such as Honeywell Group that have consistently invested in Nigeria and contributed to the country’s growth over several decades,” Mr Tunji-Ojo added.

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FG Orders MDAs to Secure Funding Before Awarding Contracts

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By Adedapo Adesanya

The federal government has directed that no new public contracts should be awarded without first getting the funds, as part of efforts to improve project delivery across the country.

Director-General of the Bureau of Public Procurement (BPP), Mr Adebowale Adedokun, disclosed this on the sidelines of the Inaugural Hosting of The Procurement Evolution in Abuja on Thursday.

Mr Adedokun said President Bola Tinubu had approved measures to raise resources needed to settle outstanding obligations to contractors, describing timely payment as critical to an efficient procurement system.

“Mr President has given a directive on when funds should be raised to address the concerns of contractors who are yet to be paid. With this, procurement processes will be much better because payment is now tied to procurement.

“Meaning that no award will be further issued without resources or funding available. So these are the things that the President has asked us to do.”

The BPP boss said the government was also implementing 23 procurement reforms aimed at improving transparency, efficiency and value for money in public spending.

According to him, committees to drive the reforms will soon be inaugurated by the Secretary to the Government of the Federation (SGF).

He said the reforms were designed to ensure that Nigerians benefit directly through improved infrastructure, healthcare, education and better living conditions.

“The president wants Nigerians to feel the effects of this transformation by having good roads, good hospitals, good educational institutions, and a good living wage for all workers.”

The Secretary to the Government of the Federation (SGF), Mr George Akume, said public procurement remained central to the Tinubu administration’s Renewed Hope Agenda.

Mr Akume noted that ongoing reforms, including proposed amendments to the Public Procurement Act 2007, the Nigeria First Policy, Nigeria e-Marketplace initiative, community-based procurement and affirmative procurement programmes, were intended to strengthen local industries and promote economic inclusion.

The SGF, represented by Mr Abubakar Kana, Permanent Secretary, General Services Office, Office of the SGF, added that the reforms would enhance transparency, simplify procurement processes and leverage technology to improve service delivery and national development.

“As we move forward, our collective responsibility is very clear.

“We must ensure that procurement processes are simplified. without compromising accountability, that technology is fully leveraged to eliminate inefficiencies and that all stakeholders work collaboratively to achieve shared national goals.

“The federal government remains fully committed to supporting the Bureau of Public Procurement in driving these reforms and ensuring that public procurement becomes a catalyst for economic growth, infrastructure development and improved quality of life for all our citizens.”

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DisCos Collect N196bn in March, Miss N50bn of Billed Revenue

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Electricity Subsidy Q1 2024

By Adedapo Adesanya

Nigeria’s electricity distribution companies (DisCos) generated N196.13 billion in revenue in March 2026, despite billing customers a total of N246.43 billion during the month, according to the latest commercial performance report released by the Nigerian Electricity Regulatory Commission (NERC).

The figure represents a slight decline from the N196.68 billion collected in February, highlighting persistent challenges in revenue recovery across the power distribution segment, even as energy supplied to the grid continued to improve.

NERC’s March 2026 fact sheet showed that electricity billing rose by 1.71 per cent from N242.29 billion recorded in February, reflecting increased energy deliveries and customer charges. However, collection efficiency declined to 79.59 per cent from 81.17 per cent in the previous month, indicating that a significant portion of billed revenue remained uncollected.

The regulator disclosed that DisCos received 293.76 million kilowatt-hours of electricity during the review period, representing a 6.02 per cent increase compared to February. The development suggests a modest improvement in power availability across the distribution network.

Despite the increase in energy supplied, revenue recovery remains uneven across the industry. NERC reported that the average approved tariff for March stood at N124.30 per kilowatt-hour, while actual collections averaged ₦100.75 per kilowatt-hour, resulting in an overall revenue recovery efficiency of 81.05 per cent.

Among the eleven DisCos, Ikeja Electric emerged as the strongest performer, posting a revenue recovery efficiency of 99.30 per cent. Eko Electricity Distribution Company followed with 95.73 per cent, while Benin DisCo recorded 85.18 per cent.

At the lower end of the performance table, Kaduna Electric recorded the weakest recovery rate at 35.65 per cent. Jos DisCo and Yola DisCo also struggled, achieving recovery efficiencies of 53.53 per cent and 58.58 per cent, respectively.

Ikeja Electric also led in collection efficiency with 96.38 per cent, ahead of Benin DisCo at 90.97 per cent and Eko DisCo at 87.68 per cent. Kaduna, Jos and Yola remained the poorest performers in this category, underlining the persistent commercial and operational challenges facing power distributors in parts of northern Nigeria.

In terms of billing efficiency, Eko DisCo ranked first with 92.30 per cent, followed by Port Harcourt DisCo at 90.36 per cent and Ikeja Electric at 87.76 per cent. Yola DisCo recorded the lowest billing efficiency at 58.68 per cent.

The latest figures underscore the mixed realities within Nigeria’s power sector. While electricity supply and customer billing continue to improve, revenue collection remains a major obstacle to the financial sustainability of the industry.

Analysts note that stronger metering penetration, improved customer confidence, reduction in energy theft and more efficient collection systems will be critical if DisCos are to close the widening gap between electricity supplied, billed revenue and actual collections.

The March performance report comes as regulators and industry stakeholders intensify efforts to strengthen the commercial viability of the electricity market, attract fresh investment and improve service delivery across the country.

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