General
Peter Obi Not Fit to Advise FG on Vaccine Procurement—Group
By Modupe Gbadeyanka
A few days ago, the former Governor of Anambra State, Mr Peter Obi, while speaking with Arise Television, said the federal government does not need N400 billion to procure COVID-19 vaccines.
The vice-presidential candidate of the opposition Peoples Democratic Party (PDP) in the 2019 general elections had said he would help the ruling All Progressives Congress (APC)-led national government to negotiate the purchase of the jabs for not more than N150 billion.
But a group known as the APC Mandate Defenders has lambasted the politician for his comments, describing him as ignorant.
The group, in a statement issued in Abuja on Tuesday by its national publicity secretary, Mr Ifeanyi Emeka, claimed Mr Obi has formed the habit of making himself a cheap hero through peddling of falsehoods, outright misinformation and blame game even when he is alleged to have some skeletons in his cupboards.
According to APC Mandate Defenders, the former Governor “is not the right person to advise the federal government over what to do concerning vaccine procurements and distribution because as Governor for eight years, he contributed to the sorrowful state of the primary healthcare centres in Anambra State as a result of his unconstitutional refusal to conduct local government elections throughout his tenure.”
The organisation said “if Mr Obi had conducted local government elections and allowed elected council chairmen to use their federal allocations for developments, all the primary healthcare centres in the 21 local government areas of his state which are in the ‘residual list’ of the Constitution and whose workers have the immediate responsibility of distributing vaccines to the people at the grassroots level; the cost of vaccine procurements and distribution would have been reduced to the barest minimum.”
“But because Mr Obi and others in his category failed to do the needful, the task of vaccine procurement, distribution and development of critical infrastructures at the local government levels now fall on the neck of the National Primary Health Care Development Agency which is under the control of the federal government,” it added.
The statement the federal government is not only fighting to procure vaccines and inoculate the population, but it is also fighting to procure cold chains, train personnel and other things that fall under the purview of states and local governments in the country.
”Besides, vaccine procurement is not really the issue, but distribution and storage, as well as building capacity, are the things that matter.
“For Instance, apart from Pfizer vaccines which require ultra-modern cold chains of minus 70-80 degree Celsius which is even colder than the winter, the federal government will still use some part of the estimated N400 billion for the procurement and deployment of cold chains to about 8,812 wards in the 774 local government areas across the country where the vaccines would be stored before distribution.
“This is because only a few of the over 10,000 Primary Health Care Centres in the country have functional cold chains and other facilities.
“So, next time, before Mr Obi goes to any national television to advertise his ignorance on any government plan in his characteristic way of playing to the gallery and seeking cheap popularity among unsuspecting members of the public, he should endeavour to consider many factors which his inability to correct some of them when he was in office contributed to the sorrowful state of the primary healthcare centres across the country,” the group said.
By Dipo Olowookere
A $15 million debt facility has been obtained by Watt Renewable Corporation from the AfriGreen Debt Impact Fund to finance hybrid solar power plants to be built and operated by the former, especially in Nigeria.
WATT intends to use the projects to serve commercial and industrial clients in Nigeria, particularly in the telecommunication and financial services sectors.
By integrating solar hybrid solutions, the firm aims to significantly reduce diesel consumption and CO2 emissions, enabling its clients to achieve substantial energy cost savings while promoting environmental sustainability.
As a pioneer in renewable energy solutions, WATT continues to drive innovation in Nigeria’s energy sector.
The company’s robust roll-out plan includes deploying hundreds of hybrid solar power sites nationwide to meet the growing energy demands of commercial & industrial clients.
This strategic expansion aligns with WATT’s vision to revolutionize energy access across Africa, enabling sustainable development and reducing reliance on fossil fuels.
The funds from AfriGreen provide the critical capital needed to accelerate WATT’s ambitious projects, strengthening its market position and empowering businesses with reliable and affordable energy solutions.
Business Post gathered that to mitigate the currency risk for WATT in the event of devaluation of the Nigerian Naira, AfriGreen is offering a local currency facility that matches the payment structure of the power purchase agreements.
“We are thrilled to partner with AFRIGREEN on this transformative journey to expand reliable and sustainable energy solutions across Africa.
“With this support, it enables us to accelerate our shared mission of providing hybrid solar power to businesses, reducing carbon emissions, and supporting economic growth while enhancing energy security for our clients,” the Managing Director of WATT, Mr Oluwole Eweje, said.
“We are delighted to support WATT in rolling out hundreds of hybrid sites across the country.
“This represents another key transaction for AFRIGREEN in Nigeria. The combination of high energy prices, good solar irradiation, and strong demand from industrial and commercial energy users makes this market particularly attractive for companies like WATT.
“By leveraging these favourable market conditions alongside WATT’s exceptional operational performance and a well-structured financing solution, we are setting the stage for a strong and lasting business partnership,” the Managing Director of AfriGreen, Mr Alexandre Gilles, stated.
By Adedapo Adesanya
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied issuing a directive that gas supply to power generating companies (GenCos) be halted.
In a statement on Wednesday, the authority also denied instructing wholesale gas suppliers to stop further supply of gas to companies due to failure in payment obligations.
The NMDPRA described reports stating that it has directed the stoppage of gas supply to GenCos over N2 trillion debt as “false and completely unfounded”.
“It has absolutely no bearing on the information shared at a recent stakeholders’ engagement held in Lagos between the Authority, the OPTS, IPPG and other stakeholders in the oil and gas industry,” the NMDPRA said.
“The purpose of the engagement was to sensitise stakeholders on the requirements, opportunities and benefits associated with the implementation of the wholesale supply license as provided by sections 142 and 197 of the Petroleum Industry Act (PIA) 2021.
“It was a follow-up to an earlier stakeholder engagement held at the NMDPRA corporate headquarters in Abuja on November 27, 2024.
“The Authority wishes to reassure all our stakeholders and indeed the general public that at no time was the false statement made at that event and anywhere else, and are advised to completely disregard the publication as every effort is being made to ensure that the supply and distribution of natural gas and petroleum products to end users is seamless and unabated as we head into the festive season and indeed all through the coming year 2025.”
Recall that Nigeria’s national grid experienced another collapse on Wednesday, the 11th time in 2024 as Gencos couldn’t generate enough power, compounding issues facing the Nigerian power sector.
This was the first time in over a month as the last time the nation witnessed a nationwide shutdown in electricity supply was on November 7, 2024.
Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.
By Aduragbemi Omiyale
Nigeria is currently experience a cut in power supply after the national grid collapsed for the 11th time in 2024.
This is the first time in over a month as the last time the nation witnessed a nationwide shut down in electricity supply was on November 7, 2024.
Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.
However, just when Nigerians were thinking they will not witnessed another national grid collapse in the year, it issue reared its ugly head again.
On Wednesday afternoon, most of the energy distribution companies suffered power outage, prompting them to inform their customers of the situation.
One of the DisCos, Ikeja Electric Plc, in a message to electricity consumers under its franchise area, said, “Please be informed that we experienced a system outage today, December 11, 2024, at about 13:32 hours affecting supply within our network.
“Restoration of supply is ongoing in collaboration with our critical stakeholders. Kindly bear with us.”
Recall that on Tuesday, in a report, Google listed national grid as one of the top trending searches by Nigerians this year.
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