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Community Tasks DISCO On Power Supply

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Some artisans and residents of Magoro Community on the Lagos/Ibadan Expressway last Sunday urged the Ibadan Electricity Distribution Company (IBDEC) to restore electricity supply instead of making empty promises.
They spoke with newsmen  on the heels of promise made by IBDEC to restore electricity to the area unfailingly last week after 11 years of darkness.
Our source reported that the community on the Magboro/Ibafo axis has about 100,000 inhabitants but has been in darkness with business activities on the low in spite of the population.
The community has in the past put up several measures to ensure that the electricity was restored but it was futile.
It will be recalled that sometime in March last year, the communities staged a protest on the busy Lagos/Ibadan expressway blocking the section of the road to press their demands.
There was, however, promises made by IBDEC to restore power back to the community which were not fulfilled.
The last promise was made in Abuja during the energy summit where IBDEC restated its commitment to restore power to the affected community last week.
However, with that hope that IBDEC will honour its promises, the ecstatic residents and artisans were expectant of the electricity only for their hopes to be dashed.
On noticing that IBDEC is not ready to put action to its words, the visibly angry artisans and residents called on the electricity distribution company to stop giving the community fake hope.
Some of the artisans noted that they had been subjected to untold hardships since the communities were thrown into more than a decade-long darkness which had paralysed business activities.
An artisan, who owns a welding shop in Magboro, Mr Kamal Odekunle, said that things were expensive in the community because there is no public power supply.
“People complain of our services being on the high side because we rely on electricity generator to power our equipment. How can we make ends meet with this perennial power outage?
“What we are hearing is that the power will be restored another time, it is tomorrow. We have tried all the power within us to get the electricity to no avail.
“Government has not shown enough commitment too, maybe they have the wrong notion that no serious economic activities can happen here. That is wrong.
“If the economic activities are on the right track here, government can come to collect taxes here and we will happily pay. This is a community of more than 100,000 people,’’ he said.
The Secretary of Magboro Community Development Association (CDA), Mr Fola Lasisi, said that the community had yet to have electricity due to multiple problems.
“The power issue with our area is due to multiple problems on the part of the contractor handling the project. We have no idea when all these will end.
“What we were briefed on was that the contractor and IBDEC are still working on the lines in which some faulty insulators were discovered.
“It was reported that the contractor that handled the project used substandard products, so, they are in the process of changing all the faulty insulators used by the contractor.
“IBDEC reported that they have provided about 1,200 insulators in which 800 had been used and the work has not yet finished. They should be around Mountain of Fire and Miracles Church now,’’ he said.
Lasisi said that the project would also accommodate other communities on the Lagos/Ibadan expressway, namely Ibafo and Mowe.
“The project is still going to Ibafo and then to Mowe so they are still working on the project.
“The promise made in front of the Minister of Power, Works and Housing, Mr Raji Fashola, cannot be depended on because of many underlining factors. That promise was just a wish.
“It is not solely IBDECs fault but that of the contractors handling the project. IBDEC only offer to provide equipment and personnel while the contractor will

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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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