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FG Targets 15,000mw Electricity

L-R: Governor Ebikunle Amosu of Ogun State, Governor Willie Obiano of Anambra State, Governor Abdulfatah Ahmed of Kwara State and Governor Abubakar Badar of Jigawa State, briefing State House correspondents after the National Economic Council meeting at the Presidential Villa in Abuja last Thursday
President Muhammadu Buhari has said that the Federal Government was intensifying efforts to complete a variety of outstanding power-related projects to remove existing pitfalls and lay the foundation for the generation of 10,000MW and 15,000MW in the short and long terms.
The President said this yesterday at the Diaspora Day 2015 celebration with the theme, “Diaspora and Nigeria Change Agenda”, held at the Banquet Hall of the Presidential Villa, Abuja.
Buhari, who was represented by the Vice President, Prof. Yemi Osinbajo (SAN), said that the administration was aiming to consistently generate 5,000 MW of power daily by early 2016, adding that, this is a modest target from what is already available.
He said that his administration is building a new Nigeria and that the effort requires the support and participation of its citizens both at home and abroad, and noted that Nigerians in the Diaspora had a lot of contributions to make in rebuilding the country.
“Permit me to take this opportunity to interrogate the place and role of Nigerians abroad in the Change Agenda of the Buhari administration.
“This is because we have embarked on the building of a bold new Nigeria and we need all hands on deck.
“The time has come for talents from home and abroad to mix it up in patriotic zeal to fashion the Nigeria of our dreams.
“First, let me quickly lay out our medium to long-term strategy as a government. It is namely to build an economy led by a strong and responsible private sector,” he said.
Buhari said that government would intervene by providing physical and economic infrastructure as well as social policies that would provide opportunities and succour for the 110 million extremely poor Nigerians.
Buhari said that government was pursuing a long overdue reform in the hydrocarbon industry and was reorganising the NNPC and holding the officials accountable for past revenue losses.
He said government would improve the capacity of the country’s oil refineries to reduce the over 37 per cent of foreign exchange applied to the importation of refined petroleum products.
The President said that in a bid to ensure self-sustenance, government was making concerted efforts to boost the production of rice, wheat, and cotton.
According to him, the production of the rice, wheat, and cotton will help reduce the foreign exchange requirement for the importation of the same items as rice importation alone gulps about $4billion annually.
He added that seven rice-producing states were working in concert with the Federal Government to map out the pathway to self-sustenance in rice production within 30 months.
Buhari said that the agricultural and agro-allied value chain remained a priority of government in job creation plans as it would support local agriculture.
He said that plans were on to create a friendly and efficient environment for investments by removing bureaucracies and red tapes in approval processes adding that the incentive regime in the country would also be reviewed.
He said government intended to return all garment and textile factories to full production within the shortest time possible.
The President said that to address youth unemployment government would invest in infrastructure, technology, agriculture and mining while the one-meal-a-day programme for primary schools would also create many jobs and business opportunities.
He said government would implement social intervention schemes to make no fewer than 110 million extremely poor Nigerians to participate in the new Nigeria.
He said that the experience and exposure of Nigerians abroad would be tapped to build a thriving economy as obtained in other nations, adding that India, Japan, China and Korea attained global status following the contributions of their nationals abroad.
“Besides, the financial remittances from Nigerians abroad have well reached an estimate of over $20 billion in 2014.
“With the potential of such huge populations abroad and attendant financial muscle, no government can actually totally ignore such persons,” he said
He added that the place to start was to develop a reliable data of Nigerian citizens abroad using the Embassies and missions.
The President said that if signed into law, the proposed Diaspora Commission would open a new vista for engaging Nigerians abroad and allowing their expertise to permeate the entire country.
He said that government was aware of the importance of the voting rights of Nigerians broad, noting that Nigeria would consider absentee voting in the future.
He, however, said that legislation, funding, and confidence in the electoral system were required to make it work.
According to him, the last general elections have instilled confidence in the electoral process.
“Our electoral process is evolving and as greater confidence is built in the institutions and processes associated with it we may then create voting opportunities for our citizens abroad in the not too distant future,” he added.
He affirmed that government would ensure that the rights of Nigerian citizens abroad were protected while urging them to be good ambassadors of the country.
News
Ibas Inaugurates RSIEC, Service Commissions, Healthcare Board In Rivers …Charges Appointees To Embrace Principles Of Service

The Administrator of Rivers State, Vice Admiral (Rtd) Ibok-Ete Ibas, has charged newly appointed Board members to uphold the highest standards of discipline, competence, integrity, and unwavering dedication in their service to the State.
He emphasized that such commitment is critical to stabilizing governance, restoring democratic institutions, and advancing the principles of good governance in the State.
This was contained in a statement by the Administrator’s Senior Special Adviser on Media, Hector Igbikiowubo on Monday.
Ibas issued the charge on Monday while inaugurating the reconstituted Rivers State Independent Electoral Commission (RSIEC), Rivers State Civil Service Commission, Rivers State Local Government Service Commission, and the Rivers State Primary Health Care Management Board at Government House, Port Harcourt.
The Administrator urged the new appointees to embrace their roles with diligence, patriotism, and a commitment to transforming Rivers State through excellent service.
Addressing the Chairman and members of RSIEC, Ibas underscored their pivotal role in ensuring credible local government elections that reflect the will of the people.
“Your task is clear but demanding: to conduct free, fair, transparent, and credible elections at the grassroots level. You must resist bias, favoritism, and external interference while restoring public confidence in the electoral process,” he stated.
“The independence of your actions is crucial to sustaining peace, stability, and grassroots governance. I urge you to act with fairness, impartiality, and professionalism—even in the face of difficult choices,” Ibas added.
The Sole Administrator also charged the Rivers State Civil Service Commission on the need to eliminate mediocrity and foster a culture of excellence through merit-based recruitment, training, and promotions.
“The civil service must transition from favoritism to competence, integrity, and accountability. Your commission will lead reforms, including digital transformation and standardized practices across ministries, departments, and agencies,” he said.
He disclosed that extensive training programmes are underway, with a committee set up to overhaul the public service framework for greater efficiency.
Meanwhile, Ibas urged the Rivers State Local Government Service Commission to ensure professionalism and discipline in local government administration.
“As the closest tier of government to the people, you must drive reforms that insulate the system from politics and mediocrity. Your mandate includes merit-based recruitment, training, and enforcing standards for effective service delivery,” he stated.
In the same vein, the Administrator charged the Rivers State Primary Health Care Management Board with revitalizing healthcare delivery across the state’s 23 local government areas.
“Primary healthcare is the foundation of a sustainable health system. Your board must ensure facilities are adequately staffed, equipped, and operational focusing on maternal health, immunization, malaria control, and community health services,” he said.
He emphasized data-driven operations, incentives for rural health workers, and restoring the referral system to improve healthcare access.
He also assured the Board of sustained government support, including funding, for the effective discharge of their mandates but warned that board members would be held accountable for their performance.
The newly inaugurated members include: RSIEC: Dr. Michael Ekpai Odey (Chairman) with Prof. Arthur Nwafor, Prof. Joyce Akaninwor, and others as members.
Civil Service Commission: Dr. Livinus Bariki (Chairman), Amb. Lot Egopija, Mrs. Maeve Bestman, and others.
Local Govt. Service Commission: Mr. Isreal Amadi (Chairman), Rear Adm. Emmanuel Ofik (Rtd), Dr. Tonye Pepple, and others.
Primary Health Care Board: Dr. Dawari George (Chairman), Dr. Chituru Adiele (Executive Director), Prof. Kaladada Korubo, and representatives from key ministries.
News
Rivers PDP Debunks Sale Of LGA Election Forms

The Publicity Secretary of the Peoples Democratic Party (PDP) in Rivers State, Dr. Kenneth Yowika, has debunked claims that the party has commenced sale of forms for chairmanship and councillorship elections across the 23 local government areas of the state.
Yowika made the rebuttal in a statement made available to newsmen on Wednesday, describing the publication on the social media as baseless and untrue.
He urged members of the PDP to disregard the claim, saying that official communication regarding the sale of forms would be disclosed through the appropriate channels.
“With reference to information trending on social media, it has been falsely claimed that the sale of forms for Chairmanship and Councillorship elections in the 23 Local Government Areas (LGAs) of Rivers State will begin soon.
“However, the party has firmly denied these rumours, stating that they are baseless and untrue.
“The party has its own established methods of reaching out to its numerous supporters.
“The People’s Democratic Party, a law-abiding organisation, will patiently await the release of guidelines from the recently inaugurated Rivers State Independent Electoral Commission (RSIEC) before considering any sale of election forms.
“The PDP is urging its members to remain calm as official communication regarding the sale of forms will be disclosed through appropriate channels,” the statement read.
Enoch Epelle
News
South-South contributes N34trn to Nigeria’s economy in 2024 – Institute
Prof. Pius Olanrewaju, President of the Chartered Institute of Bankers of Nigeria (CIBN), has stated that the South-South region contributes N34 trillion to country’s economy in 2024.
He made the remark at the South-South Zonal Banking and Finance Conference in Calabar, yesterday.
He spoke on the theme, ‘’Building An Inclusive South-South: Economic Diversification as a Catalyst For Development.’’
Olanrewaju, who quoted the data from the Cable Data Index, said the feat was more than 21 per cent of Nigeria’s real Gross Domestic Product (GDP).
The president described the growth as ‘’ impressive,’’ saying that it was not driven by oil alone but significant expansions in trade, services, and the creative industries.
According to him, to fully harness this potential, coordinated financial, technological, and policy support is essential.
“As we work to reposition the South-South for broad-based prosperity, the financial system must play a central role, not merely as a source of capital, but as a catalyst for innovation, ideas incubation, and inclusive economic growth.
“This conference, therefore, provides a strategic opportunity for stakeholders to reimagine the South-South economy, not merely as a resource belt, but as a region of diverse capabilities and resilient enterprises.”
Olanrewaju added that Nigeria must move beyond old models and chart a new course for the development of the South-South region, where financial institutions and stakeholder collaborate to diversify the economy for shared prosperity.
He, however, commended Gov. Bassey Otu for his pledge of land for CIBN Secretariat in Cross River and being the first sitting governor to willingly undergo and complete the Chartered Bankers Programme.
On his part, Gov. Otu said that the conference discussion on the economic diversification in South-South region was timely against the backdrop of global trade and economic volatility that was affecting the nation’s economy.
Represented by his deputy, Mr Peter Odey, Otu said the South-South region must now act with urgency to diversify its economy while leveraging its shared natural endowment in agriculture and extractive resources.
“This conference must help develop tailored financial solutions that reflect the unique strengths and realities of states like Cross River in the south-south.
“Diversification should be evidence-based and must be backed not just by financial advice but project focused financing and real investment support,” he noted.
He said that Cross River had taken the bold step to invest in its agricultural sector by launching an Agro processing hub.
Otu further said that the state had invested in aviation by acquiring more aircrafts for Cally Air, construction of the Bakassi Deep Seaport and injecting N18 billion in its tourism sector.
Similarly, Mr Tolefe Jibunoh, Cross River Branch Controller of the Central Bank of Nigeria (CBN) said that the region was blessed with natural resources, cultural diversities and immense human potentials.
Jibunoh, who was represented by Mr Segun Shittu, Head, Currency Control Office, CBN, Calabar, noted that strategic diversification could unlock unprecedented opportunities for growth in the region.
He added that the CBN remained steadfast to maintain monetary possibilities and promote a sound financial system as a catalyst for sustainable economic development for the benefit of all.
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