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.
General
Tinubu in UAE for 2025 Abu Dhabi Sustainability Week
By Modupe Gbadeyanka
President Bola Tinubu on Saturday, January 11, 2025, left the shores of Nigeria for the United Arab Emirates to take part in the 2025 Abu Dhabi Sustainability Week (ADSW 2025).
He was accompanied by the Minister of Foreign Affairs, Mr Yusuf Tuggar, and other senior government officials.
A statement issued by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that Mr Tinubu was invited for the event by his UAE counterpart, Mr Mohamed bin Zayed Al Nahyan.
He will attend the programme starting from today, Sunday, January 12 to Saturday, January 18, 2025.
However, President Tinubu is expected to return to Nigeria before the end of the summit on Thursday, January 16, 2025.
The event, themed The Nexus of Next; Supercharging Sustainable Progress, is expected to bring together global leaders to accelerate sustainable development and advance socioeconomic progress.
In addition, it will enable policymakers, business, and civil society leaders to explore pathways to fast-track the transformation to a sustainable economy and evolve a new era of prosperity for all.
ADSW, a testament to the power of collaboration, has been held annually for over 15 years. It provides a global platform to foster multi-stakeholder cooperation in addressing global challenges and accelerating growth.
It has birthed high-value agreements and strategic partnerships between governments, industry leaders, and clean energy pioneers worldwide, driving impactful alliances and advancing the sustainability agenda worldwide.
At the event, President Tinubu will stress his administration’s reforms, including those related to energy sufficiency, transportation, public health, and economic development.
The Nigerian leader and his entourage will also meet with the emirate’s leadership to discuss issues of interest affecting the two nations.
General
Lagos Speaker Mudashiru Obasa Faces Renewed Scrutiny Over Financial Mismanagement
By Dipo Olowookere
The Speaker of the Lagos State House of Assembly, Mr Mudashiru Obasa, remains at the centre of a storm of corruption allegations that have plagued his tenure.
Critics, anti-corruption groups, and opposition leaders have accused him of financial mismanagement, extravagant spending, and abuse of office, yet no substantive action has been taken against him.
Recent reports by People’s Gazette revealed that the 40-member Lagos State House of Assembly, under Mr Obasa’s leadership, spent over N43 billion on “back-up vehicles for honourable members” between January 2023 and the third quarter of 2024.
This expenditure, part of a larger N90.5 billion disbursed for questionable projects, has raised concerns among Lagos residents about the state’s priorities amid widespread economic hardship.
Budget documents showed the Assembly spent about N30.1 billion on vehicles in 2023 and about N13.3 billion in the first three quarters of 2024. Critics argued that these sums, which equate to roughly N1.1 billion per lawmaker, were frivolous.
Mr Obasa has faced allegations of corruptions since early in his tenure, including reports of owning over 60 bank accounts used to misappropriate public funds. In 2019, People’s Gazette reported that the lawmaker conducted suspicious foreign exchange transactions totaling $2.4 million (N1.1 billion). These funds were allegedly funneled through personal accounts and mutual fund investments.
In October 2020, the Economic and Financial Crimes Commission (EFCC) invited the Speaker for questioning over allegations of fraud. Despite evidence of financial impropriety, including allegations of inflated contracts and misappropriated Assembly funds, the EFCC has yet to take decisive action. Protests led by civil society groups like the Civil Society Network Against Corruption (CISNAC) demanding accountability have yielded little progress.
Mr Obasa has consistently denied these allegations. Speaking at a recent plenary, he dismissed claims of spending N17 billion on constructing a gate as “spurious and funny.”
He also refuted allegations of spending N200 million on a nonexistent thanksgiving service, attributing the accusations to political fear-mongering ahead of the 2027 elections.
However, critics have dismissed these defenses as self-serving. A 2020 House panel, composed of Mr Obasa’s allies, cleared him of wrongdoing—a decision labeled a “kangaroo judgment” by anti-corruption advocates.
Prominent anti-corruption campaigner, Mr Olanrewaju Suraju, has urged the EFCC to act on the mounting evidence against Mr Obasa, warning that his actions undermine legislative independence and public trust.
“These revelations justify the urgent need for mechanisms to enforce probity and accountability in public office,” Mr Suraju said.
Despite the scandals, Mr Obasa appears unperturbed and untouchable, with analysts attributing his survival to political connections and an entrenched culture of impunity.
As Lagos State prepares for the 2027 elections, the Speaker’s continued tenure symbolizes a broader challenge of corruption and governance in Nigeria’s political landscape.
Observers now await further developments as pressure mounts on anti-graft agencies to act decisively.
For Lagos residents, however, the scandals highlight a troubling disconnect between political leadership and the needs of the people.
General
Nigeria Suffers First National Grid Collapse of 2025
By Modupe Gbadeyanka
Residents of Nigeria experienced a power outage on Saturday, January 11, 2025, after the national grid collapsed.
It was the first that occurred this year and it happened at about 3 pm today, according to information gathered by Business Post.
Last year, the nation recorded about 12 grid collapse that almost embarrassed the government, which later set up a team to look into the causes of the frequent collapse of the grid.
It was later that today’s incident occurred after power generation went down from 2,111.01 megawatts at 2:00 pm to about 390.20 megawatts by 4:55 pm.
This development caused a cut in power supply in most parts of the country, but the situation has been brought under control, with electricity restored in most affected areas.
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