General
IDPs Grass: Refer Babachir to EFCC, ICPC—SERAP Begs Buhari
By Dipo Olowookere
President Muhammadu Buhari has been urged to use his good offices and leadership position “to urgently refer the allegations of corruption against the Secretary to the Government of the Federation (SGF), Mr Babachir David Lawal, to the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for further investigation.
This call was made in an open letter by the Socio-Economic Rights and Accountability Project (SERAP).
The group also appealed to President Buhari to “urgently publish the outcome of the investigation conducted on the matter by the Attorney General of the Federation and Minister of Justice Abubakar Malami (SAN), and to ask Mr Malami to hand over the file to both the EFCC and ICPC.”
In the letter dated 27 January 2017 and signed by SERAP executive director, Mr Adetokunbo Mumuni, the organization said, “We are concerned that the failure to suspend Mr Lawal from his position as Secretary to the Government of the Federation pending the investigation by Mr Malami, and the perceived lack of transparency in the outcome of that investigation may have created the impression that your government is treating Mr Lawal as a sacred cow.”
The letter, copied to the Acting President Professor Yemi Osinbayo, reads in part: “SERAP believes that Mr Lawal’s case presents your Administration with a real opportunity to reassure a lot of Nigerians who may be worried about the direction of travel of your anti-corruption agenda.
“Rather than assuming a defensive posture to the matter, we advise you to use this case to show to Nigerians that there will be no two standards of justice in your Administration’s fight against corruption.
“SERAP also believes the recommended approach would help to address the growing public suspicion and pessimism about your government’s ability to fight high-level official corruption to a standstill, and to avoid any collateral consequences.
“It is absolutely important that the public should have complete confidence and trust in your Administration’s oft-repeated commitment to fight corruption and the impunity of perpetrators.
“It is true that Mr Lawal enjoys a constitutionally and internationally guaranteed right to a fair trial, which includes the right to be presumed innocent unless and until proved guilty by a court of competent jurisdiction.
“But we believe that the right to presumption of innocence is one that should have personally be raised by Mr Lawal and not your government, especially given his position as Secretary to the Government of the Federation.
“SERAP believes that the guilt or innocence of Mr Lawal is for the court to decide, following a due process of law.
“To assist the government to achieve public confidence and trust, effectively spread the gospel of anticorruption, and be on the right side of history, SERAP made the following recommendations: Urgently refer the allegations against Mr Lawal to both the EFCC and ICPC for further investigations, and if there is relevant and sufficient admissible evidence, for him to face prosecution; Pending the referral to the EFCC and ICPC, to suspend Mr Lawal from his position as Secretary to the Government of the Federation, pending the outcome of any investigation by the EFCC and ICPC; Promptly and widely publish the outcome of investigation carried out by Mr Malami and instruct that any files relating to that investigation be handed over to the EFCC and ICPC to assist in their follow-up investigation “SERAP notes that following a report by the Senate ad hoc committee which indicted Mr Lawal over alleged breach of Nigeria’s law in handling contracts awarded by the Presidential Initiative for the North East, PINE, you reportedly instructed Mr Malami to carry out further investigation into the allegation.
“Among other allegations contained in the Senate’s report is that Mr. Lawal’s company, Global Vision Ltd benefited from inflated contracts of over N200 million to clear ‘invasive plant specie’ in Yobe State.
“According to the report, Mr Lawal was still the director of Global Vision as of the time the contract was awarded in March 2016, and remains the signatory to the company’s account.
“SERAP further notes your instruction to Mr Malami to carry out further investigation into the allegations, as well as your recent letter to the Senate effectively raising some technical and procedural concerns about the report which indicted Mr Lawal.”
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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