General
FG Targets Nine New 6,000MW Gas-Powered Plants by 2037

By Adedapo Adesanya
The federal government has revealed plans to construct nine new gas-fired power plants with a combined capacity of nearly 6,000 megawatts (MW) by 2037.
This was disclosed by Mr Timipre Sylva, the Minister of State for Petroleum Resources, at a conference organised by Seplat Energy held last week in Abuja.
According to him, the gas-powered plants will further validate gas as viable and as transformational fuel in plans with the President Muhammadu Buhari-led administration Decade of Gas initiative.
“Our proven gas reserves are sufficient to cover current demand levels and support plans for the construction of nine new gas-fired power plants with a combined name-plate capacity of nearly 6,000 MW by 2037.
“This validates gas as a viable and transformational fuel for industrial development. This is why President Muhammadu Buhari who is also the Honourable Minister of Petroleum Resources has declared 2021 – 2030 as the “Decade of Gas”, which provides the fulcrum for focusing effort and resources required at making gas the centrepiece of Nigeria’s economy by 2030,“ he said.
Mr Sylva had described calls to phase out fossil fuel as a major concern, saying African countries are not ready for the transition, as most are currently grappling with other challenges, adding that Nigeria rejects a single approach to energy transmission.
“While acknowledging our commitments to net-zero as a nation, there is no gainsaying the fact that Nigeria requires fossil fuel as its baseload energy source.
“This is undoubtedly a major concern for climate activists in developed nations, but the clamour to emphasise only renewable energy as the sole pathway to energy transition is a source of concern for African countries that are still working to achieve baseload industrialisation, address energy poverty and ensure reliable power supply.
“Indeed, we prefer the concept of ‘just’ energy transition which takes into cognisance the specific circumstances of each nation in developing the energy transition pathway that best achieves the environmental, social, political and economic objectives of the transition in that specific nation.
“Multiple pathways to the energy transition should and must exist in order to ensure that no country is left behind in the process of achieving net-zero by 2050”, he said.
The Minister added that in Nigeria, the position above recognises the possibility of a structural decline in the price of oil and consequential fiscal vulnerabilities that may arise, as well as the increased risk exposure, and is responding to it in several ways, adding that Nigeria would first focus on gas.
“For us (Nigeria), this is at the heart of the energy transition and represents the first step in the journey to renewables away from oil. Already, we have declared that gas is our transition fuel, and also represents a destination fuel, as we envisage that it will be part of our energy mix by 2050 given the vast resources that can be commercialised and utilised,” he noted.
Furthermore, he said generous incentives have been proposed in the Petroleum Industry Act (PIA) 2021 to enable the development, distribution, penetration and utilisation of gas.
General
FG To Deliver 275,000 Electricity Meters In Next Two Months

By Adedapo Adesanya
The federal government has pledged to deliver the first batch of a promised three million electricity meters, amounting to 275,000 units, in the next two months.
The move is part of efforts to close the seven million metering gaps in the country, a statement signed by the Special Adviser on Strategic Communications and Media Relations to the Minister of Power, Mr Adebayo Adelabu, Mr Bolaji Tunji, revealed
The Minister said 75,000 meters under the International Competitive Bid 1 are expected by April 2025 and the second batch of 200,000 meters will follow in May 2025.
“While challenges persist, the facts tell a more balanced story – one of sustained effort, financial commitment, and structured implementation plans by the Federal Government of Nigeria to close the metering gap”, the statement noted.
“Despite claims of stagnation, metering installations have been progressing steadily. As of December 2024, a total of 5,502,460 customers had been metered, representing about 55 per cent of the 10,114,060 active electricity customers in Nigeria.
“In 2024 alone, 572,050 meters were installed. While the government acknowledges the existing metering gap, it is actively working to close it as quickly as possible. However, the fact remains that a sizable portion of active electricity users already have meters, countering the exaggerated portrayal of an industry in crisis,” Mr Adelabu stated.
According to the statement, though installation rates have varied over the years, the sector has maintained a yearly average of about 668,000 meters of installation annually.
Structured financing and government-backed initiatives are expected to accelerate deployment beyond the current pace, ensuring that the metering gap is addressed efficiently, the minister added.
“To bridge this gap, the government has put in place key initiatives aimed at significantly improving metering across the country. The Distribution Sector Recovery Programme (DISREP) is set to deliver 3,205,101 meters by 2026.
“This will be achieved through different procurement models, including 1,437,501 meters through International Competitive Bid 1 (ICB1), 217,600 meters through National Competitive Bid (NCB), and 1,550,000 meters through International Competitive Bid 2 (ICB2).
“As part of this plan, the first batch of 75,000 meters under ICB1 is expected by April 2025, followed by the second batch of 200,000 meters in May 2025.
“In addition to the DISREP, the N700 billion Presidential Metering Initiative (PMI) is another key intervention designed to accelerate metering. The initiative, which has already secured N700 billion from the Federation Account Allocation Committee (FAAC), is structured to ensure large-scale meter procurement and deployment,” the minister added.
According to the power minister, a Special Purpose Vehicle (SPV) has been established to oversee the implementation of the initiative, with the government setting a target of deploying two million meters annually for five years, with the tender for the first batch of two million meters expected to be released by the third quarter of 2025.
These structured interventions, the minister explained, provide a clear roadmap for addressing the metering gap in an effective and sustainable manner.
According to the statement, further that while the metering gap remains a concern, the notion that it will take over a decade to resolve is misleading.
“With the ongoing DISREP and PMI initiatives, Nigeria’s metering landscape is set to experience significant improvement before the end of the year. The focus should be on the execution of these well-structured plans rather than a blanket critique that overlooks the real progress being made,” the minister added.
General
NUPENG, PENGASSAN Resist External NNPC Appointments

By Adedapo Adesanya
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) of Nigerian National Petroleum Company (NNPC) Limited Group Executive Council (GEC) have expressed concerns over the recent filling of top management position with externally recruited personnel.
President Bola Tinubu last Tuesday sacked the entire 11-person board of the NNPC and replaced the chief executive, Mr Mele Kyari with a former Shell executive, Mr Bashir Bayo Ojulari.
Mr Ojulari previously served as Managing Director of Shell’s Nigeria deepwater exploration and production unit. He was most recently chief operating officer of Renaissance Africa Energy, the consortium that bought Shell’s Nigeria onshore division.
The new board will be led by Mr Ahmadu Musa Kida, a former Total executive.
On Friday, the NNPC announced the appointment of a new 8-man senior management team. The company said the appointments takes immediate effect.
In a letter, addressed to the NNPC Chief Human Resources Officer, NUPENG and PENGASSAN said they cannot accept or support the recruitment of senior and management staff from outside the company.
The letter, titled Filling of top management positions in NNPC Limited with externally recruited personnel is unacceptable to PENGASSAN and NUPENG GEC, was signed by GEC Secretary at PENGASSAN, Ms Amaoge Chukwudi; its chairman, Mr Solomon Orieji; and the GEC Secretary at NUPENG, Mr Paulosa Paulosa and its chairman, Mr Baba Kaumi.
The letter was also sent to the new Group Chief Executive Officer (GCEO), Executive Vice President (EVP) Business Services, of the state-oil company.
“We extend our warm congratulations to the newly appointed Group Chief Executive Officer (GCEO) and Board Members of NNPC Limited. We wish them success in their new roles and pray for excellence in their assignments.
“However, we must draw urgent attention to a matter of serious concern to avert avoidable consequences. Based on past experiences, we have observed a recurring trend whenever a new GCEO is appointed externally – the temptation to fill top management positions with external recruitment rather than promoting staff members from within NNPC Ltd.
“As a matter of caution, we must state clearly that we cannot accept, accommodate, or support the recruitment of senior and Management staff from outside NNPC Limited and that any plan in such direction be stopped immediately,” the letter reads.
It said NNPC Limited is home to thousands of experienced, competent, and dedicated Nigerian professionals across various fields.
They argued that these individuals, who include their members, have dedicated quality years to sustaining the legacies of the company and are eager to take on higher responsibilities.
“Denying them career advancement opportunities and overlooking them in favor of external recruitment is grossly unjust and wasteful, and it will also disrupt the company’s steady progress towards greater profitability and efficiency.
“We must therefore caution against any unjust action that undermines the career growth of deserving staff members of our company. If this warning is ignored, we cannot guarantee the continuation of industrial harmony within NNPC Limited.”
Therefore, they said the letter serves to put the management and the Board of NNPC Limited on notice that PENGASSAN and NUPENG categorically reject any recruitment or appointment of senior or management staff above the SS6 cadre (specifically within the SS5 to M2 cadre) from outside the organisation.
“Any attempt to do so will be met with strong resistance, including a total shutdown of operations. Please accept our assurances of continued support and regards,” the letter read.
General
Former Oyo Governor Omololu Olunloyo Dies at 89

By Modupe Gbadeyanka
A former governor of Oyo State, Mr Victor Omololu Olunloyo, has died some days to his 90th birthday, precisely April 14, 2025.
He was said to have breathed his last in the early hours of Sunday after battling with old age-related ailments for the last few weeks.
In a statement signed on behalf of the family by Mr Oladapo Ogunwusi, it was stated that the deceased was a source of pride to his family and associates and serve the nation and humanity.
“With a heavy heart but gratitude to the Almighty, we announce the passing into glory of Dr Victor Omololu Olunloyo, former governor of Oyo State, mathematician and engineer and renowned technocrat, a few days before his 90th birthday.
“The Balogun of Oyo and Otun Bobasewa of Ife, Dr Olunloyo was first Rector, Ibadan polytechnic and first Rector, Kwara State Polytechnic among other notable appointments.
“His long record of service to the nation and humanity is a source of pride to his family and associates even as we come to grip with this devastating event.
“The Olunloyo family will appreciate the understanding of the press and the public as they commence efforts to give him a befitting burial.
“Even from everlasting to everlasting, He is God,” the statement read.
Business Post reports that Mr Olunloyo was the Governor of old Oyo State between October and December 1983.
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