General
Adelabu Promises to Tackle Challenges in Nigeria’s Power Sector
By Adedapo Adesanya
The new Minister of Power, Mr Adebayo Adelabu, has assured that the federal government would empower Nigerians through stable and accessible electricity as he took office following his swearing-in on Monday.
The Minister faces a herculean task as the country’s power sector is marred by several challenges. The country has the largest energy access deficit, with 43 per cent (or 85 million Nigerians) of the country’s population without access to grid-connected electricity.
Nigeria’s electric power consumption per capita of 145KwH falls behind those of select peers, South Africa (4,198KwH) and Ghana (351KwH), as well as the average for lower middle-income countries of 811KwH.
Nigeria has a capacity of more than 13,000 megawatts, of which a daily average of about 3,400 megawatts is dispatched to consumers. The country is not able to fully utilise its power network due to poor transmission and distribution networks.
Speaking in Abuja, he said under his administration, every home, industry, school, and business will benefit from the government’s efforts.
To achieve the feat, Mr Adelabu said the ministry will leverage the Nigerian Electricity Act 2023 to boost the power supply in the country.
The Nigerian Electricity Act 2023 provides a comprehensive legal and institutional framework for the operation of a fully privatised, cost and service-reflective tariff and contract.
The Act also provides a rule-based competitive electricity market in Nigeria and repeals the following Acts: Electric Power Sector Reform Act, 2005.
According to him, the ministry will diligently provide optimal solutions for Nigeria’s power needs across the nation.
He said that the task was not merely a requirement but an expectation from both the President and the Nigerian populace who had endured years of power challenge.
“This responsibility weighs heavily upon us, and it is with conviction, divine guidance, and the support of President Tinubu, the National Assembly, government agencies and Nigerians that I pledge my commitment to achieve success in the power sector.
“Key to success will be an unwavering dedication to efficiency and collaboration,” he said.
Mr Adelabu said that the ministry would foster robust partnerships between the private and public sectors, working collectively to enhance the nation’s economic and social well-being.
“Our focus will extend to aspects of life that truly matter: from households to small businesses, educational institutions to massive industrial productions, and beyond.
“A significant goal is the universal metering of households and addressing the challenges faced by our national power grid.
“We will equally pay critical attention to the options of renewable and alternative energies. The world is indeed going towards this direction, and Nigeria must not be left behind,” he said.
The minister said that the ministry would also leverage the power of technology and the bursting energies of talented youths to achieve its desired objectives.
He said that this would be pursued by ensuring a robust handshake between the ministry’s ICT apparatus and the emerging technological ideas of young Nigerians to accelerate the envisaged transformation.
“Through this, we are convinced we will deliver services that would match the speed and values that the 21st-century economy demands.
The minister expressed gratitude to President Bola Tinubu for affording him the exceptional opportunity to serve as the minister of power in his administration.
“Recognising that there are numerous deserving and qualified Nigerians for this role, I am truly humbled that the President has entrusted me with this vital task as we collectively envision the growth and prosperity of our nation,” he said.
By Modupe Gbadeyanka
A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.
The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.
This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.
“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.
“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.
The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.
Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.
By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.
The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
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