General
Adeniran Eyes Oyo South Senatorial Seat
By Modupe Gbadeyanka
The Executive Chairman of the Oyo State Universal Basic Education Board (Oyo SUBEB), Mr Nureni Aderemi Adeniran, wants to occupy the Oyo South senatorial seat at the National Assembly in 2023.
The educationist intends to be at the federal parliament next year through the platform of the opposition Peoples Democratic Party (PDP).
Last week, he was at the state secretariat of the party in Molete, Ibadan, to declare his interest in the position with party leaders, local government executives and ward chairmen from the district.
While addressing party members, Mr Adeniran promised to be for the people and represent them very well at the upper chamber of the National Assembly.
“I’m here at the state party secretariat of Peoples Democratic Party Oyo State PDP to officially inform the party and to officially declare my interest to contest for the position of senator in the Oyo South senatorial district and to also make an official declaration to the world that I’m contesting this coming election”.
“Bearing in mind that the party has already released the guidelines towards the process of nominating a candidate for the 2023 general elections and I find it auspicious to come out in the open to tell the entire people of Oyo South senatorial district that I’m interested in contesting for the position of Senator in that senatorial district.
“Earlier before now I have made consultations in all the nine local government areas in the Oyo South senatorial district,” he said.
Speaking further, he disclosed that, “I have met with the party leaders in all these nine local government areas, I have met with the executives and local government chairmen in all these local governments in line with the program that has been earmarked for this particular process, and as you also know that our party has already said that the sales of forms have commenced, so any moment from now I will also go further to purchase the form and contest for the primaries in PDP Oyo South senatorial district.”
Mr Adeniran, speaking further on his ambition, told journalists that he is now convinced to contest the Oyo South Senatorial seat via the PDP, saying, “I am finally convinced that God has confirmed to me to contest for the election. Therefore, I am making this humble request that you agree with the vision.”
He promised to put in place a robust feedback mechanism, within Ibadan and Ibarapa zones, adding that he has intentions to consolidate on Governor Seyi Makinde’s road map to accelerated development, as a Senator of the Federal Republic of Nigeria.
“The reason why I’m coming out to contest is to avail the people of the senatorial district of my service to provide quality representation and to let them see an established feedback mechanism which supposed to be between the constituents and their legislator and to also contribute to the growth of infrastructure in the senatorial district so as to assist what the Oyo State Government is already doing in the area of education, health and other infrastructure facilities.
“While I ensure physical development in our senatorial district, I will also safeguard the interest of constituents and initiate a regular feedback mechanism,” Mr Adeniran said.
While fielding questions on whether he has consulted Governor Seyi Makinde of Oyo State about his ambition, the Oyo SUBEB chief said, “Everybody has seen that the governor is transforming the state from poverty to prosperity and I’m serving under him, he’s my principal and my leader, he’s the leader of the party, it will be a great disservice and out of point for me not to have informed him of my interest and as a leader and a father of all, he said you’re free like any other person to aspire, the people, the party members will decide at the appropriate time without any problem or any rancour.”
Mr Adeniran is a long-term grassroots politician, whose experience spans over two decades in the political terrain of Oyo State and Nigeria.
He was formerly the Executive Chairman of Ibadan South West Local Government, a position he held from 1999-2002 and was known for his giant strides as the Chairman.
He was a Member of the LAUTECH Teaching Hospital Management Board, a two-time Commissioner, who supervised the Ministry of Industry, Applied Science and Technology between June 2009 and November 2010.
Mr Adeniran also supervised the Ministry of Education, Science and Technology between 2010 and 2011 under the former government of Mr Christopher Alao Akala.
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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