General
2019: My Plans for Delta South in Senate—Uduaghan
The All Progressives Congress (APC) 2019 Delta South senatorial candidate, Dr. Emmanuel Eweta Uduaghan has said he wants to represent Delta South at the Senate in 2019 because of his desire to pursue quality legislation that will lead to the development of the district and the Niger Delta region.
Releasing his manifesto in Warri, Delta State on Friday, Uduaghan, who is the immediate-past governor of Delta State said he hinged his manifesto on four pillars which he called the JEW+P (Jobs, Empowerment, Wealth plus Peace).
In his words: “I salute you, my good people of Delta South Senatorial District. I seek your mandate and support to represent you at the Senate.
“Over the years, I was actively part of and at a time, head of a team that managed the development of Delta State. In those years the Delta State government through its various organs embarked on projects and programs in the areas of peace, human capital and infrastructure development that will lead to job creation and poverty alleviation. In doing this, we faced a lot of constraints. These constraints were mainly in the areas of non-existent extant laws to control the various processes that were put in place to fast-track the development.
“Efforts to bring peace and security to the area were mainly through engagements at various levels and the use of force. Both methods have led to a temporary peaceful environment. However, to attain a level of job creation and alleviation of poverty in the region that will lead to permanent peace, prosperity and a sense of well-being, there must be laws enacted to fast-track the processes of industrialization, wealth creation and a peaceful environment. These are the laws I seek your mandate to bring up at the Senate.
MY MISSION
“My mission therefore at the Senate will be focused on four pillars which I call the JEW+P (Jobs, Empowerment, Wealth plus Peace).
JOBS
Poverty alleviation through the creation of Job Opportunities for the people of Delta South at all levels.
EMPOWERMENT
Creation of Industrial Empowerment for the people of Delta South through the promotion and encouragement of indigenous participation, as well as, the use of homegrown technology in the oil industry.
WEALTH
Championing the creation of Enduring Wealth for the people of Delta South through the promotion of Community part-ownership of major and minor oil companies.
PEACE
Promotion of Enduring Peace in Delta South through the involvement of local and community people in security and peacekeeping.
Do you know why the Jews prosper and flourish anywhere they are? They patronize their own. We can build a new Delta South Senatorial district by creating an environment that employs our talents and utilizes our God-given resources to flourish as a people.
As a former Secretary to the Delta State Government and a former two-term Executive Governor of the state, and also as I be Delta pikin, I know and understand your pains and your needs. You need room to express your God-given talents. As governor, there were a lot of things I wanted to do to open up opportunities and bring economic development to you that I could not do because I was constrained by the laws of our country. This was what fired my desire to represent you at the Senate. We come from a senatorial district that is massively endowed, and all we need to do is to use our imagination, and with the cooperation of our brothers and sisters from other parts of Nigeria, we will drive a New Vision for the people of Delta South Senatorial District. A New Vision that fully explores and exploits our strengths and endowments.
CREATION OF JOB OPPORTUNITIES
The unemployment level in Delta South Senatorial District is embarrassing, given that the region is the economic hub of Delta State hosting up to 72% of high impact industries, especially in the oil and gas sector. As a result of policy and security challenges which were beyond the state government, many of these industries were either shutdown or were operating way below capacity; therefore, many of the oil service companies in particular that used to give employment to a lot of our people, especially the youth were either shutdown or forced to relocate. For example, the major oil companies for so many years did not prospect for new oil fields and this caused a major disaster in the employment, economic and social life of the people of Delta South Senatorial District.
I believe that focused legislative interventions in the Senate can deal with these challenges and launch Delta South Senatorial District into a phase of development and expansion that will meet the demands of our people. Delta South Senatorial District can be galvanized and developed into the industrial base of the state by taking advantage of the oil and gas and the maritime sectors to create jobs for men, women and youths.
We are also endowed with arable lands that we can use to drive active investments and participation in agriculture and agro-processing. However, over the years, our lands, air and sea have been highly polluted by the activities of the oil industry, especially old pipes, sabotage and oil theft. The review of our extant laws to make them more effective and formulation of new laws in the areas of the environment to prevent further pollution of our air, lands and sea and also to clean up the already polluted environment will be needed to enable every relevant authority do the needful. This will encourage investments in agriculture and agro-processing.
ILLEGAL REFINERIES AND INDUSTRIAL EMPOWERMENT
I know that pragmatic legislation in the Senate can secure legality for the use of indigenous technology for small-scale oil refineries. Scattered all over the Delta South Senatorial District, as it is in many parts of the Niger Delta, are illegal refineries that make use of local technology that is damaging the environment, including soil, water and air pollution which has resulted in the soot crisis in our communities and cities. The legislation of laws in this area will guarantee best-practices and create jobs for men, women and youths in the region, directly and indirectly, in the value chain of crude procurement, refining, petrochemicals, product marketing, logistics, hospitality and other ancillary services.
About 6,000 illegal refineries were reportedly destroyed by the Joint Military Task Force (JTF) in 2015. Some of these “refineries” were actually rickety science projects that are over-glorified by calling them “oil refineries”. However, among the thousands of illegal refineries, there must be some that are well set-up. Should a country that cannot put its four “legal” refineries in full working order afford to destroy its own indigenous refineries? Illegal refineries should be done away with, but those youths and women should be engaged in better set-up refineries. The illegal refineries that are being destroyed offer a lot of employment for the youths and women, which in turn, relieve the government of the burden of providing jobs for them.
I believe that there has to be a rethink towards the concept of “illegal refineries”. The so-called “illegal refineries” are a testimony of the ingenuity of Nigerian youths and women in their ability to creatively innovate, driven by the daily challenges of their existence. The ingenuity that has been exhibited by the operators of the so-called “illegal refineries” should constitute the foundation of technological breakthrough.
As the Senator representing Delta South Senatorial District, I will push for the promotion and encouragement of indigenous technology in the oil industry and also legislative backing to recognize and reform non-conventional refineries.
EFFECTIVE DISPOSAL OF SEIZED CRUDE
It is no secret that there is a high level of illegal bunkering activities in the Delta South Senatorial District like it is in other parts of the Niger Delta. There has been a lot of government security measures to arrest the situation. These measures have led to the seizure of stolen crude in various vessels, especially the wooden Cotonou boats. The current practice is for security operatives to burn these boats with the confiscated crude or dispose of seized crude oil on the high seas and the creeks. This is assumed to be the best way to discourage crude oil theft in the Niger Delta. Sadly, the destruction of seized crude has not only failed to solve
the problem but has contributed immensely to the degradation of the environment. Destruction of seized crude by burning or disposal at sea pollutes the land, air and water. Furthermore, it is a colossal waste of the nation’s natural resource.
I believe that the nation needs to evolve an effective way to disposing of seized crude without destroying it. This will achieve a three-pronged benefit for: (1) the oil industry, (2) the Niger Delta environment, and (3) the nation’s revenue.
Seized crude would be more beneficial to all if it is effectively
channeled back into the oil industry. For instance, it can form part of the stock made available to registered non-conventional refineries or even sent to the nation’s conventional refineries for processing into petroleum products. This will help the country generate revenue from seized crude, service the oil industry and reduce environmental pollution.
I also believe that effectively disposing of seized crude without destroying it will:
1. Reduce pollution of the air, land and water in the Delta South Senatorial District;
2. Enhance the availability of crude oil to registered
non-conventional refineries operating in the Delta South Senatorial District;
3. and generate revenue for the country as a whole.
As the Senator Representing Delta South Senatorial District, I will push for legislative backing to evolve effective ways of disposing seized crude that will be beneficial to the community, the environment and the nation.
SECURITY ARCHITECTURE
I am certain that articulate legislative intervention in the Senate can accommodate the youths of Delta South Senatorial District within the security architecture of the region. Community-based policing which entails professional security operatives working hand-in-hand with indigenes of the area to solve problems of crime and disorder is a recognized strategy of keeping peace and order worldwide.
Professional security operatives are usually deployed from
the central commands at the national level to Delta South Senatorial District. Most times, this entails posting of people who know very little or nothing about the terrain, to manage the security of the area. The result, in many instances, is poor security in the creeks.
The terrain of the Niger Delta has always proven to be a great challenge to conventional security forces. This has made their operations quite difficult and sometimes frustrating. As a governor, I started the Delta Waterways Security Committee made up of many of our youths who understood the terrain and could guide the security forces through the creeks when the need arose. These youths who were part of the communities were able to gather intelligence which helped the security agencies preempt planned security breaches arising from community hostilities and sometimes criminalities.
I propose that the local youths and community people should be involved in securing the pipelines and the keeping of peace and order.
Involvement of the people of Delta South Senatorial District in security will:
1. provide employment and economic empowerment for the people;
2. enhance the operations of the Federal security agencies in Delta South Senatorial District as the professional security operatives would be helped to effectively gather intelligence and also to navigate the area by locals who are familiar with the people and the terrain;
3. reduce the level of crime and criminality in Delta South
Senatorial District of Nigeria; and
4. promote a conducive atmosphere for doing business in Delta South Senatorial District.
As the Senator representing Delta South Senatorial District, I will push for legislative backing for the inclusion of the youths of Delta South Senatorial District in the security architecture of the area.
CREATION OF ENDURING WEALTH AND INFRASTRUCTURE DEVELOPMENT: 5% COMMUNITY OWNERSHIP OF COMPANIES IN THEIR DOMAIN
The management of Nigeria’s oil industry will remain at the centre of the Niger Delta crises in the country, until the government evolves a realistic and permanent solution. This practical solution will be best premised on addressing the very heart of the matter. One of the reasons Nigeria’s Niger Delta crisis has persisted is related to disharmony between the oil companies and host communities. On the one hand, the host communities tend to make the operational environments of the firms in the oil industry hostile because of perceived or obvious unfriendly disposition of the oil companies to their host communities. While on the other hand, many of the oil companies are unhappy with their host communities on the ground that the host communities do not show understanding of the realities plaguing the oil companies. The above scenario is an indication that the problem in the Niger Delta, which significantly affects the Delta South Senatorial District, is an issue of mutual distrust and suspicion. By extension, therefore, if this mutual distrust and suspicion are addressed, there is hope for lasting peace and development in the oil industry and the host communities.
I firmly believe that one way to achieve lasting peace and development
in the Niger Delta is by community participation and ownership in Nigeria’s oil industry. When communities in the Niger Delta (including those in the Delta South Senatorial District) are allowed to be actively involved in the ownership and management of oil firms domiciled in their areas, they would have firsthand experience of the prospects and challenges in the oil industry and become more realistic in their expectations from them. This will STABILIZE the Niger Delta.
I believe that community participation and ownership in the oil industry will:
(1) enhance the security of infrastructure of the industry in the Delta South Senatorial District as the communities would not be hostile to their own economic interest; (2) create jobs for the people;
(3) benefit the participating communities and their environs by opening up opportunities for the establishment of service firms at second and third tier levels; and
(4) enhance effective management of the oil industry in the Delta South Senatorial District in particular and the Niger Delta, in general.
As the Senator representing Delta South Senatorial District, I will push for legislative backing to recognize community participation and ownership in the oil industry.
OTHER AREAS
In addition to the above, as Senator representing Delta South Senatorial District of Nigeria, I will push for:
1. Legislation on Constitutional role for Traditional Rulers.
2. A collective agenda in the Senate to review extant laws bordering on Peace, Security and Prosperity of the Delta South Senatorial District and
3. provide good and effective representation through a strategy of synergy and feedback with the people of Delta South Senatorial District. To achieve this, we shall hold town hall meetings every six months.
General
DisCos Collect N196bn in March, Miss N50bn of Billed Revenue
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.
General
Interswitch Adopts Temenos Platform to Deliver Banking Services to African Lenders
By Adedapo Adesanya
Interswitch has entered into a partnership with Geneva-headquartered banking software provider Temenos to offer managed banking services to financial institutions across the continent, deepening its push into banking technology.
The partnership will see Interswitch adopt Temenos’ banking technology across core banking, digital banking, payments, wealth management, and financial crime management.
This will enable the firm to provide cloud-hosted and on-premises managed services to lenders on the continent. The service will initially target Nigeria, Ghana, Côte d’Ivoire, Kenya, and other African markets.
“This is a pivotal moment for Interswitch as we accelerate our expansion beyond payments and reimagine digital banking for Africa,” Mr Jonah Adams, managing director for Digital Infrastructure and Managed Services at Interswitch, said in a statement.
By combining Temenos’ software with its existing footprint across the continent, Interswitch is positioning itself as a technology partner that can help banks upgrade critical systems without having to manage the complexity of large-scale technology deployments.
“By adopting Temenos’ cloud-native, composable platform, Interswitch gains the flexibility and scalability to accelerate its next phase of growth and deliver banking services that meet the needs of African markets,” Mr Adams added.
For Temenos, the deal strengthens its presence in Africa through a partner with deep relationships across the banking sector. It lost one of its banking customers, Sterling Bank, in 2024 after the tier-2 Nigerian bank switched to SEABaaS, a new custom-built core banking application.
“Interswitch is an important new customer and partner for Temenos in Africa,” said Mr William Moroney, Chief Revenue Officer at Temenos. “Interswitch’s strong presence across the continent also extends our reach and further strengthens our ecosystem and partner network.”
Founded in 2002, Interswitch built its reputation as one of Africa’s largest payments companies through products such as Quickteller and Verve, its domestic card scheme.
General
TGI Group, Wilmar to Form $12bn West Africa Food Giant in Major Merger
By Adedapo Adesanya
Tropical General Investments (TGI) Group and Singapore-based Wilmar International have agreed to combine their Nigeria and Republic of Benin operations into a 50:50 joint venture aimed at building a dominant integrated food and agribusiness platform across West Africa, targeting a market estimated at $12 billion.
The proposed merger will consolidate operations across several value chains, including agriculture, oil palm plantations, edible oils, edible nuts, rice, food manufacturing, and distribution, creating one of the region’s largest end-to-end food production and supply chains.
Under the arrangement, both firms will integrate their complementary strengths, with Wilmar contributing global expertise in palm oil, speciality fats, and large-scale agribusiness operations, while TGI brings established local manufacturing capacity, consumer brands, and an extensive distribution network across Nigeria and neighbouring markets.
Chairman and Chief Executive Officer of Wilmar International, Mr Kuok Hong, said the partnership would enhance both firms’ ability to serve Africa’s expanding consumer base, describing Nigeria and Benin as strategic growth markets.
“For more than four decades, TGI Group has built a leading position in Nigerian food manufacturing and distribution. This partnership will leverage Wilmar’s global scale and expertise as well as TGI’s local knowledge to deliver innovative food solutions across Africa,” added TGI Group founder and chairman, Mr Cornelis Vink.
On his part, Vice Chairman of TGI Group, Mr Farouk Gumel, said the deal reflects confidence in Nigeria’s long-term economic prospects, adding that it would deepen domestic value addition, strengthen food security, support smallholder farmers, and create jobs.
Adding his input, Wilmar’s Africa Head, Mr Santosh Pillai, described the transaction as a strategic fit, noting that the combined entity would have the scale, local insight, and operational depth needed to better serve consumers in the region.
The companies said the transaction is expected to be completed in the 2026 financial year, subject to regulatory approvals and other customary conditions.
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