General
Tinubu Appoints Ganduje to Lead Livestock Reforms, Settle Farmers-Herders Rift
By Adedapo Adesanya
President Bola Tinubu has approved the establishment of a presidential committee headed by the former governor of Kano State, Mr Abdullahi Ganduje, to reform Nigeria’s livestock industry and provide long-term solutions to recurring clashes between herders and farmers in the country.
The President announced the establishment of the committee on Thursday in Abuja, following the submission of a report from the National Conference on Livestock Reforms and Mitigation of Associated Conflicts in Nigeria.
The President explained that the committee is expected to collaborate with the Federal Ministry of Agriculture and Food Security and propose recommendations aimed at fostering a peaceful co-existence between herders and farmers while ensuring the security and economic well-being of all Nigerians.
“The federal government is fully prepared to cover the cost of acquiring the land. These opportunities will provide gainful employment for our veterinary doctors while opening doors for the private sector as the provision of new educational opportunities for herders’ and their children emerge. Medical facilities will be established. This is a life-changing opportunity that we have.
“Imagine us producing enough milk for our school children. Imagine us becoming net exporters of cheese and yoghurt. Imagine us producing the skin massively with a major Nigerian leather industry. Imagine us providing cold storage facilities and employment across the nation. These things are possible in front of us,” the President charged.
President Tinubu commended Mr Ganduje, currently the National Chairman of the ruling All Progressives Congress (APC), for assembling the best minds and experts to find solutions to the perennial issues between pastoralists and farmers.
He also praised the committee members for their diligent work in examining the complex issues related to livestock management, land use, and security.
“Out of every tragedy, if you are careful, you will see an opportunity. We have faced this conflict for some time. We know it is a homegrown problem. It is very hard for people to stay away from their traditional, old ways.
“I tried in 2018 to bring about a solution to this problem, but it proved elusive. But I’ve been told not to ever give up, and today I believe the solution is here,” the President stated, referring to the committee report, which contains several recommendations.
“It is not the fault of herders and farmers that this crisis has persisted. It is the fault of the leadership who failed to find immediate solutions to solve their problems. Leadership is about thinking and doing,” he said.
In his remarks, Mr Ganduje recalled that during his tenure as the Governor of Kano State, he had hosted the National Conference as part of a deliberate effort to promote the modernization of livestock production, while strengthening the capacity of local authorities to manage relationships and amicably resolve conflicts between herders and farmers.
He noted that Kano had remained one of the most peaceful states in the country throughout his eight years in office.
“Mr President, I am convinced that the report submitted here today has the antidote to the problems of the livestock industry. It addresses the key reforms and presents various development options required for the sustainable development of the sector.
“The implementation of the proposals will enhance productivity, improve livelihoods, promote environmental conservation, address substantial causes of conflicts between farmers and pastoralists, and help in reducing the cost of importation for animal products like milk and beef,” he noted.
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.
-
Feature/OPED5 years agoDavos was Different this year
-
Travel/Tourism8 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking6 years agoSort Codes of GTBank Branches in Nigeria
-
Economy2 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years agoFirst Bank Announces Planned Downtime
-
Sports2 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years agoHow To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN