General
Reps Summon CBN Governor, COAS Over $1bn for Arms
By Modupe Gbadeyanka
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has been summoned by the House of Representatives.
The country’s chief banker was summoned by the lower chamber of the National Assembly to answer questions in connection with the $1 billion approved by the federal government a few years ago for the procurement of arms to fight insurgency.
The House of Representatives Ad Hoc Committee on the Need to Review the Purchase, Use and Control of Arms, Ammunition and Related Hardware by Military, Paramilitary and Other Law Enforcement Agencies in Nigeria, wants the CBN chief to appear before it alongside the Chief of Army Staff, Lt.-Gen. Ibrahim Attahiru, for grilling.
Yesterday, the duo was supposed to be before the committee with others to explain what happened with the money but they were absent.
This made the panel ask them to specifically appear to state what they know about the funds unfailingly on Wednesday, April 7, 2021.
How FG approved $1bn for arms purchase
In April 2018, the federal government, worried that the military was complaining of inability to fight Boko Haram insurgents in the northeast of Nigeria, approved the withdrawal of $1.0 billion from the Excess Crude Account (ECA) to procure arms.
The country’s main opposition party, the Peoples Democratic Party (PDP) kicked against this because it claimed the money would be embezzled.
Another reason for the opposition was because it was just less than a year to the 2019 general elections and it was speculated that the ruling party would use the funds mainly to campaign for re-election.
NSA latest comments
About two weeks ago, the National Security Adviser (NSA), Mr Babagana Monguno, insinuated in an interview with the Hausa Service of the British Broadcasting Corporation (BBC) that the money was squandered.
He claimed in the interview that the immediate past service chiefs could not account for the funds as there were no arms to show for the $1.0 billion approved by the government for the purchase of the military equipment.
However, he later recanted, claiming that the media quoted him out-of-context.
Reps wade in
In view of the reactions that trailed the NSA’s comments, the green chamber of the parliament mandated its ad-hoc committee to investigate how the funds were used.
This made the House of Reps summon the CBN Governor and the head of the army in Nigeria for explanations on what the money was used for. They were invited along with several other security agency heads and ministries.
General
IFC, Norfund Back Nigeria’s Mini-Grid Expansion with $83.2m Funding
By Adedapo Adesanya
The World Bank’s financing arm, the International Finance Corporation (IFC), and the Norwegian investment fund (Norfund) have committed up to $83.2 million to expand solar hybrid mini-grids across Nigeria, in a move expected to connect nearly half a million new users to electricity.
The funding will support five renewable energy companies, Darway Coast Nigeria Limited, GVE Projects Limited, Prado Power Limited, PriVida Power Limited and StarTimes Energy, to build 315 mini-grid sites across underserved communities.
The projects are projected to deliver about 494,189 new electricity connections. Renewable energy solutions
IFC says the intervention is aimed at closing Nigeria’s massive electricity gap, noting that more than 85 million people in the country still live without access to power.
The institution said expanding distributed renewable energy will not only improve electricity access but also cut energy costs and support small businesses in rural areas.
According to IFC, “By supporting distributed renewable energy solutions, this initiative will help expand access to reliable electricity while reducing energy costs, strengthening local economies, and enabling income-generating activities.”
For operators already working in the sector, the new funding is expected to speed up expansion plans.
The chief executive of Darway Coast Nigeria Limited, Mr Henry Ureh, said the support will allow companies to scale faster and reach more communities that have remained off the national grid for years.
“Access to reliable electricity allows us to expand our operations, support local businesses, and create jobs in the communities we serve,” he said.
Nigeria’s off-grid power space has been growing steadily, but access remains uneven. Data from the Africa Solar Industry Association shows that the country currently has over 4.8 gigawatts of installed solar capacity, but only about 115 megawatts come from mini-grids serving rural communities.
The IFC has been one of the biggest institutional backers of this segment. Last year, it announced a separate $16 million financing package for Nigerian developer Virtuitis to build 97 mini-grids expected to serve over 140,000 off-grid consumers by 2027, showing a steady increase in international interest in decentralised power solutions.
With grid supply still unreliable in many parts of the country, mini-grids are increasingly becoming the most practical solution for rural electrification as they supply adequate but limited power for limited power consumption.
For many communities, the impact goes beyond electricity. Reliable power is expected to support trading activities, agro-processing, small manufacturing and education, all of which have struggled under years of unstable supply. But operators also warn that sustained policy support and stable regulation will be key to scaling beyond pilot-level projects.
As deployment begins across the 315 sites, observers are keen on understanding how quickly these projects can move from funding to actual connections to where they are needed.
General
Oyo Introduces Daily Environmental Sanitation
By Aduragbemi Omiyale
As part of efforts to ensure a cleaner and healthier environment, a daily environmental sanitation monitoring and enforcement system has been introduced by the Oyo State government.
At a press briefing to mark his first 100 days in office, the Commissioner for Environment and Natural Resources, Mr Ademola Aderinto, explained that the government has shifted from the traditional monthly environmental sanitation exercise to a more proactive system that encourages residents to take responsibility for maintaining cleanliness on a daily basis.
He noted that this approach is being reinforced by continuous monitoring and enforcement by environmental health officers
“We are now enforcing daily environmental sanitation. Our officers are on the field every day to ensure compliance, and cleanliness must become a daily responsibility,” he stated.
According to him, to strengthen operations, the government has re-engaged 930 Environmental Vanguards, sweepers, and waste packers, while also procuring two brand new compactor trucks with the support of Governor Seyi Makinde to enhance waste evacuation.
Highlighting the ministry’s achievements, the Commissioner said the ministry has expanded its impact through strategic workforce deployment and innovation, adding that the 930 Environmental Personnel has been structured to improve enforcement and sanitation coverage.
Mr Aderinto hinted that with sweepers now operating twice daily to ensure cleaner roads across the state, while also benefiting from enrolment in the Oyo State Health Insurance Scheme.
The ministry also launched the Oyo Soro Soke (Oyo SSS) Environmental Whistleblower platform accessible via mobile applications and WhatsApp, empowering residents to report environmental violations and promote community participation in environmental governance.
In addition, the ministry strengthened operational capacity by introducing a first-of-its-kind waste segregation system across government offices, and initiated Public-Private Partnerships for the construction of modern public toilets.
The Commissioner expressed gratitude to the Governor for the opportunity to serve, assuring that the confidence reposed in him will not be misplaced, also appreciating members of the Executive Council for their strong inter-ministerial collaboration, as well as the Permanent Secretary, Dr Sunday Ojelabi, for his support.
Highlighting other achievements, he noted improved media engagement by the Ministry, with regular press briefings and public advisories on issues such as flooding, heat waves, cholera, and Lassa fever.
The Commissioner added that the Ministry has regulated charcoal production through a structured framework, commemorated World Earth Day with tree planting, intensified efforts to end open defecation, and strengthened interventions against diseases through inspections and environmental monitoring.
Reaffirming his commitment, Mr Aderinto assured residents that the Ministry will sustain and build on these gains, saying, “The future of our environment in Oyo State is bright. What we have achieved in 100 days is only the beginning.”
General
Petrol Station Owners Urge Domestic Gas Utilisation
By Adedapo Adesanya
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to prioritise policies that promote domestic gas utilisation.
The association recommended that NUPRC strengthen measures to ensure price stability and long-term energy security for Nigerians, as indicated in a statement by its national public relations officer, Mr Joseph Obele.
The call comes alongside PETROAN’s commendation of the choice of Mr Magnus Abe as NUPRC Board chairman.
PETROAN national president, Dr Billy Gillis-Harry, cited Mr Abe’s prior roles as a National Assembly lawmaker, Secretary to the Rivers State Government, and former board member of the Nigerian National Petroleum Company (NNPC) Limited, meaning he has extensive knowledge of Nigeria’s oil and gas sector and its operational dynamics.
PETROAN also lauded NUPRC’s collaboration with the Nigeria LNG Limited (NLNG), which has committed 100 per cent of its LPG production to the domestic market.
Mr Gillis-Harry projected that this would reduce cooking gas prices and other gas-based products soon.
The association highlighted NUPRC’s efforts to remove regulatory bottlenecks, improve ease of doing business, and sustain stakeholder engagement to meet rising domestic gas demand and shield the market from global volatility.
PETROAN emphasises that a stable upstream sector will have far-reaching benefits across the petroleum value chain, including enhanced product availability, reduced energy costs, job creation, and overall economic growth, stating it would support policies and reforms in Nigeria’s petroleum industry.
Other PETROAN recommendations included sustaining regulatory reforms, accelerating gas infrastructure and distribution networks to ensure efficient delivery of gas to end-users nationwide; continuous and structured stakeholder engagement to promote transparency, policy consistency, and industry-wide collaboration; and maintaining structured stakeholder engagement.
It also urged collaborating with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to activate government-owned refineries, expressing confidence in Abe’s leadership and reiterated its support for policies fostering a competitive and transparent petroleum industry.
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