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NBET Pays GenCos 50% Of Invoice On Power Supply …Minister Blames Collapse Of Transmission, Distribution Lines

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Power generation companies (GenCos) were paid just half of their total invoice to the Nigerian Bulk Electricity Trading Plc (NBET) for power supplied to the National Grid in the first nine months of last year.
Industry data released by the Nigerian Electricity Regulatory Commission (NERC) showed that the GenCos were paid N311.06billion out of the total invoice of N614.58billion, representing 50.61percent.
This was, however, an improvement compared to what the GenCos received over the same period in 2020 where NBET paid just 24.03percent (N136.03billion) of the N569.14billion invoice sent in by the power generators.
A monthly analysis of data on NBET payments to GenCos from January to September, 2021, showed that the electricity bulk trader paid N37.04billion or 51.9percent of the N71.37billion invoice for energy supplied in January, 2021.
The GenCos got N26.19billion, representing 39.6percent of the N66.15billion invoice sent to NBET for energy supplied in February, 2021.
The payment for power supplied in March was N35.78billion or 51.9percent of the N68.89billion invoice sent to NBET.
Also, NBET payment for energy supplied in April was N39.46billion, representing 56.6percent of N69.65billion sent in by the GenCos.
For May, NBET paid the GenCos N40.54billion or 55.3percent of the N73.30billion invoice for energy supplied.
In June, 2021, the GenCos were paid N31.88billion or 48.1percent of the N66.20billion invoice sent to NBET for energy supplied to the national grid.
Also, NBET paid the GenCos N36.03billion or 52.4percent of the N68.71billion invoice for energy supplied in July, 2021.
In August, the GenCos were paid N31.14billion, representing 46.4percent of the N67.16billion invoice sent to NBET, while in September, the GenCos got N32.99billion or 52.2percent of the N63.15billion invoice sent to NBET for energy supplied.
The NBET implements the Minimum Remittance Order issued by the Nigerian Electricity Regulatory Commission (NERC) to all electricity distribution companies (DisCos), which sets the minimum percentage payment each DisCo is to remit to NBET monthly.
It is from the DisCos’ remittances that NBET pays the invoice sent in by the GenCos.
NBET, in a statement in Abuja, yesterday, by Head, Corporate Communications, Henrietta Ighomrore, said it would continue to deploy strategies and initiatives to enhance the market liquidity in the sector through improving payments to the generation companies, further supported by its power sector reform program and the market discipline committee.
NBET had in 2016 conceptualise and began the implementation of its N701.9billion Payment Assurance Facility (PAF), when generation capacity was greatly threatened due to shortage of gas and the inability of some power generation companies to meet their immediate obligations.
NBET explained that the PAF was efficiently managed and disbursed from January, 2017 till December, 2018, and resulted in a quantum leap of 6500MW generation capacity to a 7659MW at the end of the PAF.
The success of the N701.9billion PAF-led to sustainable generation capacity and increased available electricity, this success led to the birth of PAF 11.
The implementation of PAF 11 which is N600billion facility was implemented for 2019/2020, and later metamorphosed into the Power Sector Reform Programme.
“NBET has consistently demonstrated efficiency and transparency in the administration of the financial flow”, the company added.
She further stated that NBET is committed to ensuring timely and efficient payment to GenCos to enable the generators to fulfill their obligations and maintain sustainable supply of electricity to the grid.
Ighomrore stated that NBET is engaging with all stakeholders in the value chain to ensure payment improvement and viability of the Nigerian electricity market.
Despite the obvious poor financial state of the Nigerian Electricity Supply Industry (NESI), the Minister of Power, Engr. Abubarkar Aliyu has insisted that the financial viability of the sector was not in doubt.
Speaking at a power correspondents’ event in Abuja, Aliyu said the Federal Government was reviewing the sector with the intent of making needed changes to grow the industry.
According to him, “to make the long term changes that will move the sector forward, we are presently looking at the Electric Power Sector Reform Act, 2005 (EPS), and reviewing aspects that constitute stagnation to the sector.
“The whole essence of this is to achieve good quality, stable, reliable and affordable electricity in Nigeria, which is indeed the yearning of the good people of Nigeria. The right policies, when carefully implemented and monitored, with constant reviews and checks, will lead us to our desired Sector growth.
“During my watch as a minister, I will always ensure that the conversation and growth path strategies are discussed and adopted, after careful reviews and possible outcomes. We are aware that the power sector is made up of both government and private sector players. The plan of the government is to ensure that all players focus on the big picture with a proper alignment to achieve the desired growth. The primary purpose of government is to develop policies and laws and to properly orient the players”.
He explained that one of his “cardinal goals, on the assumption of office, is to reduce or totally eliminate the human factor issues limiting the growth of the sector. It is important to note, as I have observed that the viability of the sector is not in doubt.
“We just need to boldly deal with some challenges militating against the desired growth, some of which are Transmission and Distribution bottlenecks, funding difficulties, Transmission wheeling inadequacy, old and dilapidated distribution infrastructure.
“Others are confidence in the electricity market, energy losses, non-payment of electricity bills and lack of transparency within sector players, amongst others,” he added.
Similarly, Minister for Power, Mr Abubakar Aliyu has blamed poor power generation and distribution in the country on the continuous collapse of transmission and distribution lines, saying the government is working hard to improve power supply in the country.
He explained that the country at the moment has an installed capacity of 13,000MW but can evacuated only 5,000MW to the National Grid.
The minister, who made this known, yesterday, in Makurdi during a courtesy call on Governor Samuel Ortom while on a working visit to Benue State, assured that Federal Government was working hard to boost power generation and transmission in the country.
He said, “power is one area that has been receiving attention of this Federal Government. We know that the government owns 40percent of the distribution. The National Grid is controlled from Osogbo and must receive enough energy to transmit power. Government has set out to rehabilitate the transmission grid and we are beginning to see results.
“Our national transmission has not increased from 5,000MW but it has not dropped. We used to have more than 15 to 17 system collapses in the past but we only experienced two in 2021.
“We will see improve this year 2022. It is a year of delivery. The Yandev to Makurdi transmission line will also be completed within six months,” he assured.
On the Presidential Power Initiative, he said it was being implemented in partnership with the German Government and driven by Special Purpose Vehicle with the minister of finance as the board chairman.
According to him, under the project, the Federal Government had ordered 10 power transformers to be deployed all over the country which would boost electricity supply in the country.
The minister, who was accompanied by the Minister for State, Power, Mr. Goddy Agba, explained that they were in the state to inspect the ongoing upgrade of the Joint Sub Stations from Kashibilla in Taraba State “where there is a dam and power plant to Yandev in Gboko Local Government Area of Benue State which has been completed and already giving power to Takum, Wukari and its environs. The project’s capacity is 40MW but there are technical issues we are addressing.”
Receiving the delegation, Governor Samuel Ortom commended President Muhammadu Buhari for improving on power distribution in the country.
“The Power Ministry is committed to execution of projects under their purview. I can attest to the fact that there is an improvement to what we had seen in the past as far as power generation and distribution is concerned. I commend the President for this,” the governor said.

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Fubara Pledges Support For Corporate Organisations In Rivers …Says PPP Business Model Responsible For NLNG’s Success

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Rivers State Governor, Sir Siminalayi Fubara, has pledged the  continued  support of his administration for the Nigeria Liquified Natural Gas (NLNG) Limited.

Fubara gave the assurance while receiving the new Managing Director and Chief Executive Officer of the NLNG, Mr Adeleye Falade, who paid him a courtesy visit at Government House, Port Harcourt.

He assured that his administration would continue to contribute its own quota in support of the NLNG.

According to him, the success of the organisation is equally the success of the government of Rivers State and the success of the Federal Government.

“Our duty is to make sure that we support whoever is operating in our state. We are the ones here. If we don’t support you and you don’t succeed, we also will not succeed and Mr President will also not succeed.

“So, the success of your establishment is the success of our state, and overall success of Nigeria. So you can count on our support. Wherever you think  we need to come in to support you, please do not hesitate to call upon us.

“You just mentioned here that your predecessor left a handover note showcasing the level of support that he got from the state. It is not going to be different in your own case. I can  assure you that.  I will also ensure that other units of the government will  liaise with you when necessary. So even if you can’t get to me, you can always get to them and if there is anything we can do to help your establishment succeed, we will do it for you,” he said.

The governor attributed the success of the NLNG to the Public Private Partnership ( PPP) business model adopted by the Federal Government and the multinational oil companies.

The NLNG is jointly owned by Nigerian National Petroleum Corporation (NNPC) with 49%, Shell Gas B.V. with 25.6%, Total LNG Nigeria Ltd with 15%, and Eni International with 10.4%.

The partnership model allows for shared risks, costs, and expertise in the LNG sector.

The governor noted that the NLNG has not only survived the difficult business environment but has made sustained progress in the nearly three decades of its existence.

According to him, the decision of the Federal Government to allow the multinational oil companies who have the  needed expertise to run the establishment while government plays a supervisory role over it has largely been responsible for its  success.

“I’m very proud to say that if there is one establishment that has shown resilience, that has survived in the face of all the political issues prevalent in this country, it is the NLNG. And what is the reason? The reason is very simple. Government has no business in business. That is the truth. Leave the business for those people who can operate it. Let the government play its supervisory role to ensure that there is compliance with  the laws;  ensure that standards are maintained and also ensure that the right people with the needed  expertise are at the helm of affairs. That’s all. I think that is the reason why we still record a lot of successes in NLNG,” he said.

In his opening remark, the new NLNG boss, Mr Adeleye Falade, who led other top officials of the company on the visit, expressed appreciation to the governor for granting them audience, and appealed to the State Government to continue to support the organisation.

“We appreciate the opportunity to meet with you and deepen this important relationship.We deeply value the support the Rivers State Government continues to extend in fostering an enabling operating environment for businesses. NLNG remains deliberate in its contribution to Nigeria’s development, and Rivers State, our primary host, continues to be central to that commitment,” he said.

Falade said the company has continued to work with its host communities to strengthen their  capacity to identify, prioritise, and deliver sustainable development initiatives that create lasting impact.

According to him, communities including Amadi-ama, Abua, Ekpeye, Okrika, Kalabari, and Emohua have continued to benefit from this model.

He said that beyond community infrastructure, the NLNG  has sustained investments in economic empowerment through initiatives such as Vocational Innovation and Business Empowerment Scheme (VIBES) and  Micro Small and Medium Enterprise (MSME) schemes.

These, he said, were designed  to support small businesses, build capacity, and stimulate local enterprise across the state.

Among officials of the company who accompanied the Managing Director were General Manager, External Relations and Sustainable Development, Dr Sophia Horsfall; Manager, Government Relations, Mr Abdul Umar; Manager, Community Relations, Dr. Yemi Adeyemi; Head of Government Relations, Mr Mike Igoni; Head of Community Liaison and Engagement, Chief Ifeanyi Umeh.

Others are Technical Assistant to Executive Leadership, Mr Hassan Saleh; Senior Media and Publicity Advisor, Mr Emma Nwatu; Government Relations Advisor, Miss Homa Nmegbu; Senior Government Relations Advisor, Mrs Kate Allison, and Audio -Visual Advisor, Mr Dawood Ahmed.

 

 

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FG Reaffirms Nigeria’s Stability As US Embassy Suspends Visa Appointments In Abuja Office

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The Federal Government has reassured Nigerians and the international community of the country’s stability following a recent advisory by the United States authorising the departure of non-emergency personnel from its embassy in Abuja.

The Minister of Information and National Orientation, Mohammed Idris, stated this in a statement issued yesterday by his media aide, Rabiu Ibrahim.

According to the minister, public institutions across the country remain fully operational, with no disruption to governance, economic activities, or daily life.

This followed the decision of the United States Mission in Nigeria to suspend visa appointments at its Embassy in Abuja.

The mission’s decision was contained in a post shared on its official X handle, yesterday.

It stated, “U.S. Embassy Abuja is closed for visa appointments. Applicants should check their email for details on rescheduled appointments.”

The mission, however, clarified that visa operations at the U.S. Consulate General in Lagos remain ongoing.

The development comes amid a broader security advisory issued by the United States, which authorised the departure of non-emergency staff from its Abuja embassy and expanded its Nigeria travel blacklist to 23 states.

The State Department issued the authorised departure order on Tuesday, alongside an updated travel advisory that added Plateau, Jigawa, Kwara, Niger and Taraba to its highest warning category, “Do Not Travel.”

While the overall advisory rating for Nigeria remains at Level 3, “Reconsider Travel,” the department warned that some areas face increased risks due to crime, terrorism, unrest, kidnapping and limited healthcare availability.

According to the advisory, Americans are often targeted for kidnapping and robbery, while terrorist attacks continue to pose a threat across multiple locations, including markets, religious centres, hotels and public gatherings.

It also raised concerns about the state of emergency healthcare in the country, noting that hospitals often require immediate cash payments, ambulance services are unreliable and poorly equipped, and blood supply systems are inconsistent.

Medical facilities in Nigeria, the advisory said, generally do not meet United States or European standards, adding that evacuation may be necessary in medical emergencies.

The advisory further urged US citizens in Nigeria to enrol in the Smart Traveller Enrollment Programme, avoid large gatherings, vary their routines and maintain evacuation plans that do not depend on US government assistance.

It also recommended that individuals establish “proof of life” protocols with family members in the event of kidnapping.

The blacklist is divided into regional clusters. Borno, Kogi, Yobe and northern Adamawa remain under the terrorism, crime and kidnapping category, with the State Department warning that terrorist groups continue to plan and carry out attacks, sometimes in collaboration with local gangs.

For Bauchi, Gombe, Kaduna, Kano, Katsina, Sokoto and Zamfara, the advisory points to widespread banditry, communal clashes and kidnapping, while noting that security operations may occur without warning.

In the South-East and Niger Delta, states including Abia, Anambra, Bayelsa, Delta, Enugu, Imo and Rivers (excluding Port Harcourt) are flagged for crime, kidnapping and civil unrest, with armed gangs and violent protests posing significant risks.

The latest update added Plateau, Jigawa, Kwara, Niger and Taraba to the “Do Not Travel” list, citing the spread of insecurity into new regions, particularly in the Middle Belt where farmer-herder conflicts have intensified.

The advisory described the security situation in these newly added states as unstable and unpredictable, with counter-operations by security forces likely to occur without prior notice.

Idris, however, described the US advisory as a routine precaution based on internal protocols, stressing that it does not reflect the overall security situation in the country.

“While we acknowledge isolated security challenges in some areas, there is no general breakdown of law and order, and the vast majority of the country remains stable,” Idris said.

He noted that ongoing security operations have recorded measurable gains across several regions, attributing the progress to coordinated military efforts, intelligence-led interventions, and strengthened inter-agency collaboration.

“Our security agencies remain actively engaged in protecting lives and property, and the results of these efforts are increasingly evident,” he added.

According to the minister, recent operations have disrupted criminal networks, curtailed the activities of armed groups, and improved safety in vulnerable communities.

Idris also maintained that Nigeria remains open for business, travel, and investment, adding that ongoing economic reforms are strengthening investor confidence and enhancing the country’s global standing.

He said, “International partners and investors continue to engage actively with Nigeria, reflecting confidence in the country’s stability and long-term prospects.”

The minister urged foreign governments to ensure that their advisories reflect current realities and ongoing progress in the country.

“We encourage our international partners to continuously engage with Nigerian authorities to obtain a more comprehensive and current understanding of the situation on the ground,” he said.

The Federal Government reiterated its commitment to sustaining security improvements and ensuring the safety of citizens and visitors, assuring that Nigeria remains a safe and welcoming destination.

 

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Fubara Visits Gas Emission Site, Donates N100m To Bille Kingdom,

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Rivers State Governor, Sir Siminalayi Fubara, yesterday extended interim relief measures to the people of Bille Kingdom as the government intensifies efforts to address the ongoing environmental degradation affecting the area.

This was contained in a statement by the Head of Information and Public Relations Unit, Office of the Secretary to the State Government, Juliana Masi, yesterday.

The governor, during a working visit to Bille Kingdom in Degema Local Government Area, reassured residents of his deep concern for their health and well-being.

He reiterated his administration’s commitment to finding a lasting solution to the persistent gas emissions observed in the community’s land and water sources since November 2025.

Represented by the Secretary to the State Government, Dagogo Wokoma, the governor announced immediate interventions to address urgent needs.

Some of the relief measures include the provision of potable water and essential medical services through the release of ?100 million as palliative support for the affected community.

According to the SSG, “Governor Fubara remains deeply committed to the welfare of the people of Bille Kingdom. Although unable to attend in person due to pressing state engagements, he is fully aware of the situation and determined to tackle the root cause of the environmental challenge”.

The governor assured residents that the state government would not relent in its efforts to provide a permanent solution to the gas emissions, emphasizing that the current intervention is only a temporary measure to ease the suffering of the people.

He further urged members of the community to remain law-abiding and continue supporting his administration, noting that he has consistently demonstrated a track record of fulfilling his promises.

Earlier, the Chairman, Council of Chief for Bille Kingdom, Chief Bennet Dokubo, expressed joy over the State visit, describing Fubara as a leader who listens to the plight of the people.

He urged the governor to critically look into the gas emission which he described as dangerous to human health.

“If we take you into the river, we notice that the entire environment is bubbling and smelling.

“We most humbly urge you to critically look into this situation. This is something strange we have never experienced before. It is not good for human health,” the monarch stressed.

 

 

 

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