Yar’Adua Calls For Peace In N’Delta
President Umru Yar’Adua has advised the Niger Delta region to embrace peace and support development initiatives in the region.
The president also reaffirmed his administration’s readiness to invest in power to eradicate poverty.
President Yar’Adua, who is on an official visit to Bayelsa State, arrived the peace park, venue of the civic reception held for him by his host, Governor Timpre Sylva, in company of the Minister of Solid Minerals, Mrs. Daezani Madueke and Hon. Rotimi Amaechi, Governor of Rivers State.
However, both senators and members of House of Representatives representing the state in the National Assembly were absent. An Abuja source confided that the legislators did not accompany the president because they said they were not invited by the state government. But a top government official denied this saying they were sent letters of invitation.
Yar’Adua, who expressed his administration’s preparedness to transform the Niger Delta, urged those he described as merchants of violence to change their ways.
But to those who genuinely took up arms to draw attention to the sad situation to the region, he said, “we have heard you and we are ready to work with you to move the Niger Delta forward in the interest of its long-suffering people.
“But to those hiding under the cover of legitimate protest to feather private nests, those merchants of violence, I say to you: change your ways, the people of Niger Delta have seen through your antics and will soon expose you”.
He urged all the people to give the administration a chance to earn their trust.
The president expressed hope that soon, “the region will be transformed into a development hub not only for Nigeria but also for the West African sub-region, in a way that will surpass the recent post-conflict transformation of Angola. But this cannot happen without peace and partnership.
“This is why we are strongly committed to prompt payment of all statutory allocations due to the region and to continued support to interventionist agencies like the NDDC. This is also why we created the Ministry of Niger Delta to coordinate our holistic approach to he transformation of this region.”
He, however, noted that all these would come to naught without peace, without trust, and cooperation of stakeholders.
“Let me therefore use this opportunity to state categorically that our amnesty offer to militants is not a ruse. It is for real “he said, and stressed that the administration would continue to put in place every measure that would bring about peace.
He said the complaints of the people of the region have been noted and expressed his determination to work with them to uplift the state and the region.
Speaking on power, he said it would impact on the lives of Bayelsans.
According to him, regular supply of electricity would improve the productive capacities of Bayelsans and deepen opportunities for growth and prosperity.
The administration, according to him, believes power represents a principal pathway out of poverty for Nigerians.
“Clearly, we need to fix electricity as quick as possible”.
“This is why electricity is accorded a priority position under critical infrastructure in our 7-Point Agenda. And this is why we are not wavering in our commitment to generating and distributing 6,000 MW by the end of this year, and 10,000 MW by 2011. There are enormous challenges ahead but the targets will be met”.

Wife of the Vice President, Mrs Dame Patience Jonathan (2nd leftt) in a handshake with some dignataries while wife of Rivers State Governor, Lady Judith Amaechi, watches at the Port Harcourt Airport, recently. Photo: Ike Wigodo.

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NERC Approves N28bn For Procurement Of Meters For Band A Customers

The Nigerian Electricity Regulation Commission (NERC) says it has approved N28 billion for the procurement of meters for all outstanding unmetered Band A customers at no cost.
This announcement was contained in the Order on the Operationalisation of “Tranche B” of the Meter Acquisition Fund (MAF) issued by NERC and signed by its Vice Chairman Musiliu Oseni and Commissioner Legal, Licensing and Compliance, Dafe Akpeneye,
According to the order, the funds approved under Tranche B of MAF scheme apart from intended to meter all outstanding unmetered Band A customers would also focus on expediting the closure of the metering gap for customers currently classified under Tariff Band B
” The N28 billion shall be allocated in proportion to the respective contributions of the Electricity Distribution Companies (DisCos), and are intended to meter all outstanding unmetered Band A customers.
” While also expediting the closure of the metering gap for customers currently classified under Tariff Band B.
“Schedule 1 provides the detailed breakdown of the funds available to each DisCo for the purchase of end-use customer meters. All the meters to be procured and installed under the MAF framework shall be provided at no cost to the customers,”he said.
The commission said that the order seeks to establish a clear and transparent framework for the implementation of Tranche B of the MAF scheme.
It also said that the order seeks to define the eligibility requirements and obligations of DisCos and Meter Assert Provider (MAP) in accessing and utilising funds under Tranche
“It prescribes the terms of financing, repayment, and utilisation of funds under the scheme.
“It also sets out the monitoring, reporting and evaluation requirements to ensure accountability, efficiency and transparency in the deployment of MAF funded meters.
”Provide operational guidelines and conditions applicable to participating entities to safeguard the integrity of the MAF scheme, ”it said.
Giving breakdown of the releases of funds accrued under MAF, NERC explained that in April 2024, out of the accrued sum of N21,864,851,725, it released the N21 billion to the DisCos for the procurement of meters under tranche A of the MAF scheme.
It added, ‘The latest being the N28 billion released under tranch B of the MAF scheme.”
According to the order, NESI is expected to mobilise significant capital investments for metering through the revenue streams created under the MAF framework.
”There is an urgent and compelling need to accelerate the closure of the metering gap for all customers currently classified under Tariff Band A to safeguard revenue protection and enable effective demand-side management, ”it said.
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