General
Group Gives Igbos 3 Months to Quit North, Ohaneze Reacts
By Modupe Gbadeyanka
Nigerians of Igbo extraction have been asked to leave northern part of the country within the next three months or risk being forced out.
This threat was given yesterday by a coalition of Northern groups, including the Arewa Youth Consultative Forum (AYCF) and the Northern Emancipation Network.
At a press conference in Kaduna on Tuesday, the group said the Ndigbos were no longer welcomed in the 19 northern states and now have October 1, 2017 to quit the region.
The northern youths described the Igbos as threat to national unity, vowing to reclaim, assume and assert sole ownership and control of landed resources currently owned, rented or in any way enjoyed by the Igbo in any part of northern Nigeria after the October 1 deadline.
At the press conference, National President of the Northern Emancipation Network, Mr Abdul-Azeez Suleiman, who read the text of their resolution, stated that, “With the effective date of this declaration, which is today, Tuesday, June 6, 2017, all Igbo currently residing in any part of northern Nigeria are, hereby, served notice to relocate within three months and all northerners residing in the South-East are advised likewise.
“All northern civil societies and pressure groups are, by this declaration, mandated to mobilise for sustained, coordinated campaigns at their respective state Government Houses, state Houses of Assembly, local government council secretariats and traditional palaces.”
On his part, National President of the Arewa Youth Consultative Forum (AYCF), Mr Yerima Shettima, warned that, “We are also telling our (northern) brothers out there in the South-East to get prepared to come back home and our threat should not be taken with levity.”
But the apex socio-political body of the Igbos, Ohanaeze Ndigbo, has urged security operatives, especially the Department of State Services (DSS) and the police to arrest the coalition of northern groups for treason.
“The DSS, the police and other security agencies should take note of the statement by the Arewa Youth Consultative Forum and the other Northern groups for issuing this threat against the Igbo.
“It should not be seen as an empty threat; urgent action is needed to foil the plan to attack the Igbo in the North. It happened in the past and we don’t want it to happen again.
“In fact, Yerima Shettima should be arrested by the DSS immediately. We are watching to see what the DSS would do in this situation.
“Shettima’s statement is treasonable; he is inciting one section of the country against another section and we know from experience that this sort of thing could lead to a civil war. His utterances could destroy this country,” the Deputy Publicity Secretary of Ohanaeze Ndigbo, Mr Chuks Ibegbu, told Punch when contacted.
Text of the press conference was signed by Nastura Ashir Sharif (Arewa Citizens Action for Change); Mr Shettima Yerima (Arewa Youth Consultative Forum); Mr Aminu Adam (Arewa Youth Development Foundation); Mr Alfred Solomon, (Arewa Students Forum); Mr Abdul-Azeez Suleiman (Northern Emancipation Network); and Mr Joshua Viashman, (Northern Youth Vanguard).
General
Watt Renewable Secures $15m Loan for Hybrid Solar Power Plants in Nigeria
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.
General
NMDPRA Denies Restricting Gas Supply to Gencos
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.
General
Power Outage in Nigeria as National Grid Collapses
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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