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Peter Obi Not Fit to Advise FG on Vaccine Procurement—Group

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Peter Obi

By Modupe Gbadeyanka

A few days ago, the former Governor of Anambra State, Mr Peter Obi, while speaking with Arise Television, said the federal government does not need N400 billion to procure COVID-19 vaccines.

The vice-presidential candidate of the opposition Peoples Democratic Party (PDP) in the 2019 general elections had said he would help the ruling All Progressives Congress (APC)-led national government to negotiate the purchase of the jabs for not more than N150 billion.

But a group known as the APC Mandate Defenders has lambasted the politician for his comments, describing him as ignorant.

The group, in a statement issued in Abuja on Tuesday by its national publicity secretary, Mr Ifeanyi Emeka, claimed Mr Obi has formed the habit of making himself a cheap hero through peddling of falsehoods, outright misinformation and blame game even when he is alleged to have some skeletons in his cupboards.

According to APC Mandate Defenders, the former Governor “is not the right person to advise the federal government over what to do concerning vaccine procurements and distribution because as Governor for eight years, he contributed to the sorrowful state of the primary healthcare centres in Anambra State as a result of his unconstitutional refusal to conduct local government elections throughout his tenure.”

The organisation said “if Mr Obi had conducted local government elections and allowed elected council chairmen to use their federal allocations for developments, all the primary healthcare centres in the 21 local government areas of his state which are in the ‘residual list’ of the Constitution and whose workers have the immediate responsibility of distributing vaccines to the people at the grassroots level; the cost of vaccine procurements and distribution would have been reduced to the barest minimum.”

“But because Mr Obi and others in his category failed to do the needful, the task of vaccine procurement, distribution and development of critical infrastructures at the local government levels now fall on the neck of the National Primary Health Care Development Agency which is under the control of the federal government,” it added.

The statement the federal government is not only fighting to procure vaccines and inoculate the population, but it is also fighting to procure cold chains, train personnel and other things that fall under the purview of states and local governments in the country.

”Besides, vaccine procurement is not really the issue, but distribution and storage, as well as building capacity, are the things that matter.

“For Instance, apart from Pfizer vaccines which require ultra-modern cold chains of minus 70-80 degree Celsius which is even colder than the winter, the federal government will still use some part of the estimated N400 billion for the procurement and deployment of cold chains to about 8,812 wards in the 774 local government areas across the country where the vaccines would be stored before distribution.

“This is because only a few of the over 10,000 Primary Health Care Centres in the country have functional cold chains and other facilities.

“So, next time, before Mr Obi goes to any national television to advertise his ignorance on any government plan in his characteristic way of playing to the gallery and seeking cheap popularity among unsuspecting members of the public, he should endeavour to consider many factors which his inability to correct some of them when he was in office contributed to the sorrowful state of the primary healthcare centres across the country,” the group said.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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NCSP Strengthens Strategic Investment Cooperation With China

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By Adedapo Adesanya

The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.

The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.

Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.

The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.

In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.

They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).

Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.

He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.

Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.

Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.

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UKNIAF Marks Six Years Infrastructure Support to Nigeria

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By Adedapo Adesanya

The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.

The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.

Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.

In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.

In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).

UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.

Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.

On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.

Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.

Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.

The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.

Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.

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Dangote Refinery Reduces PMS Pump Price to N699 Per Litre

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By Aduragbemi Omiyale

The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.

The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.

Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.

Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.

Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.

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