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AfDB Tasks African Nations On Power Generation

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The view of Agbidiama landing craft after commissioning at SPDC Marine Base, Kidney Island, Port Harcourt, recently. Photo: Egberi. A. Sampson

The view of Agbidiama landing craft after commissioning at SPDC Marine Base, Kidney Island, Port Harcourt, recently.
Photo: Egberi. A. Sampson

The African Development Bank (AfDB), in Addis Ababa last Wednesday urged African countries to strengthen their energy policies to meet electricity needs in both rural and urban areas.
The bank said this at the opening of a three-Day Global Conference on rural energy access for sustainable development and poverty eradication being organised by the UN-Economic Commission for Africa (ECA).
It has as its them: “Rural Energy Access: A Nexus Approach to Sustainable Development and Poverty Eradication”.
The Bank’s of Sustainable Energy for All (SE4ALL) Africa Hub Coordinator, Dr Daniel Schroth listed Nigeria among 12 Sub-Saharan African countries with huge energy deficit.
Schroth said 74 per cent of the global access deficit for electricity “is concentrated in just 20 countries, 12 of which are in Sub-Saharan Africa.
“The countries are Nigeria, Ethiopia, DR Congo, Tanzania, Kenya, Sudan, Uganda, Mozambique, Madagascar, Burkina Faso, Niger and Malawi”.
He said recent data by the World Bank under the Global Tracking Framework on SE4All showed 590 million people in Sub-Saharan Africa lacked access to electricity.
Schroth said 690 million people in the same region rely on solid fuel for cooking, representing an access rate of 63 and 14 per cent respectively in urban and rural populations.
“Moreover, 19 of the 20 countries with lowest energy access rates globally are in Sub-Saharan Africa with South Sudan two per cent, Chad and Liberia four per cent and Burundi five per cent.
“While progress has been made in other parts of the World, rural electrification is particularly low in Sub-Saharan.
“This is where electrified population grew by only 0.4 per cent over the period between 1990 and 2010”, he said.
He urged African countries to speed up efforts in developing stable policies that would address the situation.
He said the bank was committed to making Sustainable Energy for All a reality in Africa, by using available instruments including risk coverage and innovative financing tools.
Meanwhile the Executive Secretary of the UN Economic Commission for Africa (ECA), Mr Carlos Lopez in a message to the conference called for more articulated efforts to address the situation.
He said addressing energy needs in Africa would put the continent on the path of sustainable development and growth.
Lopez said there was concern that more than 1.2 billion of the global population lacked access to electricity.
He said it was also worrisome that 2.8 billion still relied on unsustainable solid bio-mass as fuel for cooking and heating.
He said around 1 billion (85 per cent) of those without electricity and 2.2 billion (78 per cent) depending on solid bio-mass, lived in rural areas.
“Communities in rural isolated areas represent, in many cases, the poorest segment of the population in developing countries, including Sub-Saharan Africa and developing regions in Asia and Latin America.
“There is a strong nexus between energy and other important development factors such as education, health, gender, environment, economic growth, food security, and water.
“Sustainable access to modern energy services is a critical input and catalyst for improving the productive capacities and welfare of rural isolated communities, leading to poverty eradication and sustainable development.”
According to him, extension of national grids, in most countries, is too expensive to cover these isolated areas.
“Nevertheless, appropriately scaled renewable energy systems, in particular advanced clean cook stoves and stand-alone (off-grid) electric generating systems that are practical, reliable, and durable are now both widely available and affordable.”
Lopez said the Sustainable Energy for All, “which is the major initiative of the Secretary-General, includes as one of its three main objectives, Universal Access to Modern Energy Services by 2030.
He said it should be pursuit by Africa as priority to address the energy challenge in the continent.
The AU Commissioner for Infrastructure and Energy, Dr Elham Ibrahim, urged African countries to place the continent on the path of development with greater attention to rural electrification.
She said Africa must exploit its huge potential in renewable energy resources, which he said, was capable of generating 1,800 Tera Watts-hours of Hydro-electricity.

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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