Business

NDPHC Develops 16 Injection Sub-Stations In N’East

Published

8 years ago

May 16, 2018

The Niger-Delta Power Holding Company (NDPHC) has constructed and handed over 16 injection distribution sub-stations to Yola DisCo to further boost electricity supply to Nigerians in the North-East zone.
The Managing Director of NDPHC, Mr Chiedu Ugbo, disclosed this in Yola when he visited the Gov. Bindo Jibrilla of Adamawa.
Ugbo, who briefed the governor on the workings and various activities of NDPHC, said the company had also completed nine intervention electricity distribution projects across the region.
The managing director said NDPHC had been involved in developing National Integrated Power Project (NIPP) in generation, transmission and distribution value chain in the country.
He also said NDPHC had also embarked on the development of solar electricity for households, adding that the company had successfully deployed about 20,000 units of solar technology in the first phase of the project.
Ugbo revealed that the completed 16 injection sub-stations, comprising 1×7.5MVA 33/11KV and the intervention projects, had been handed over to Yola DisCo to boost supply of electricity to its customers in the region.
He listed the locations of the projects to include Mubi, Numan, Jabbi, Konar, Girei, Gashua, old power house, SPY, Dumne, Dima and Tinde Laro in Adamawa.
For Yobe, he said that the projects were sited in Potiskum, Damaturu, while Taraba and Gombe had theirs in Wukari, Jalingo , Riyal and Bauchi road.
For Borno and Bauchi states, he said the projects were stationed in Bama, Biu, Gombe road, and Misau road.
He said work was, however, slowed down for security reasons for the injection sub-station in Bama.
Ugbo further listed the intervention projects to include supply and delivery of transformers and distribution materials required for reconstruction and rehabilitation of vandalised power facilities in Maiduguri.
Rehabilitation of Damaturu-Buni-Yadi Gulani 33Kv Line and replacement of damaged transformer in Guijba and Gulani in Yobe and rehabilitation of 26.5Km 33kV injection sub-station with associated 11Kv line networks at Nguru.
According to Ugbo, the company has also extended electricity supply to three communities in Song Local Government of Adamawa.
“For Bauchi, the company intervened by constructing a 33KV LT lines, supplied and installed distribution transformers in eight communities in Tafawa Balewa/Bogoro council areas.
“It also extended electricity supply to four communities in the council areas.”
Ugbo also noted that other generation, transmission and distribution projects had been completed, while some were still under construction across the country, saying that NDPHC did not have any abandoned projects in the country.
He, however, decried the non utilisation of some of the completed distribution infrastructure by some DisCos, adding that the situation was resulting in the deterioration and vandalism of the infrastructure.
“There were projects that were completed before now that were not taken over by the DisCos, but we have gone to them and said to them, we can’t leave these projects idle.
“The projects were being vandalised , some of the parts are being stolen; we need you to start using this project to supply the communities light and they have come to say yes.
“We are approaching the DisCos one by one, saying, these are the projects; accept this project, and we are also carrying out repairs on the vandalised projects and paying for securing the projects.”
Jibrilla, represented by the Deputy Governor, Mr Martins Babale, said it was cheery that Adamawa was part of the board of NDPHC representing the North-East.
He said the state government was committed to infrastructure development in education, health, among other sectors, for the well being of the people.
He, however, said electricity was required to boost the various developmental initiatives of the government hence the need to work with NDPHC to further develop electricity infrastructure in the state and in the region.
He urged NDPHC to develop more power infrastructure in the region, adding that it would partner the company in solar energy development.
The News Agency of Nigerian (NAN) reports that the management of NDPHC had begun the visit to board members in all the six-geo political zones to brief them on activities of the company.
The team had visited the governors representing South-East, North West and North-East on the board of the company with three more regions to visit.
One recurring remark and response from the governors and their representatives in the zones visited was a call for more projects in generation, transmission and distribution in their states and regions.

Business

Ban On Satchet Alcoholic Drinks: FG To Loss N2trillion, says FOBTOB

Published

3 days ago

November 24, 2025

The Tide

Ahead the December 31 effective date for enforcement of the ban on alcoholic drinks and beverages in PET or glass bottles below 200ml, the Food, Beverage, and Tobacco Senior Staff Association (FOBTOB) has warned that Nigeria risks losing more than N2 trillion in investments.

The union urged the federal government to reverse the planned ban, cautioning that the Senate’s directive to the National Agency for Food and Drug Administration and Control (NAFDAC) would trigger severe socioeconomic consequences across the industry.

Speaking at a Press Conference, in Lagos, the President of FOBTOB, Jimoh Oyibo, said repealing the directive would prevent massive job losses and protect the country from economic disruption.

“Repealing the order would avert the grave repercussions that would most definitely follow the ban, especially by saving approximately 5.5 million jobs, both direct and indirect,” he said.

Oyibo appealed to the Senate to invite stakeholders to a public hearing, insisting that all parties must be allowed to present their positions before any decision is made.

“For a fair hearing and to demonstrate good faith, the Senate should invite relevant stakeholders to a Public Hearing to ‘hear the other side’ and be adequately informed to make an informed decision,” he said.

The union leader urged the Senate to carefully review and endorse the validated National Alcohol Policy, describing it as a multi-sectoral framework developed after last year’s public hearing, when the initial call for the ban was raised.

He urged the lawmakers to consider the entire value chain in the alcoholic beverage industry, including formal and informal workers and legitimate local manufacturers, before approving any enforcement.

Highlighting the economic implications, Oyibo said close to N2 trillion invested in machinery and raw materials could be wasted, while over 500,000 direct workers and an estimated five million indirect workers, including suppliers, distributors, marketers, and logistics operators, could lose their livelihoods.

He said “Nearly N2 trillion worth of investments in machinery and raw materials could be lost. Indigenous Nigerian manufacturers risk total collapse, discouraging future investments.

“Smuggling and the circulation of unregulated alcoholic products may skyrocket, worsening public health dangers. Government tax revenue could decline sharply as factories shut down or scale back operations.

“With rising unemployment and no safety nets, this ban will plunge families into poverty. The very children the policy claims to protect may be forced out of school if their parents lose their jobs”.

Business

Estate Developer Harps On Real Estate investment

Published

3 days ago

November 24, 2025

The Tide

A Canadian based Nigerian Estate Developer, Andrew Enofie, has said that diversification of investment into the real estate sector remains the key to business sustainability.

Enofie said this during the launch of The Golden Gate investments, in Port Harcourt, recently.

He said real estate sector has always remain stable during period of inflations, adding that diversification into the sector would ensure that businesses never loose out during such periods.

He also called on Nigerian businessmen to put their money into the Canadian estate industry with the view to reaping maximum benefit.

According to him, Canada has one of the lowest inflation rate in the world and Nigerian businessmen can reap benefits by putting their monies into the Canadian estate sector.

Enofie said his company, with many years of experience in the real estate sector, can assist Nigerian businessmen with the quest to acquire property in Canada.

According to him, investors have more opportunities to diversify their funds, saying “it also open doors for investors to invest in the Canadian real estate market.

“With the launch of this fund, we are strategically positioned to navigate current market dynamics,r3 rising demand, shifting rates and evolving economic trends, while focusing on sustainable growth”, he said.

Also speaking, an investor, Mike Ifeanyi, also called on investors to invest in real estate.

He commended the company for its pledged to assist Nigerian businessmen willing to invest in Canada, but added that the whole thing must be transparently done inorder to avoid fraud.

Also speaking, Chukwudi Kelvin, yet another investor, described the event as an eye opener, stressing that time has come for Nigerian investors to go into the Canadian estate sector.

By: John Bibor,/Isaiah Blessing/Umunakwe Ebere/Afini Awajiokikpom

Business

FG Reaffirms Nigeria-First Policy To Boost Local Industry, Expand Non-oil Exports

Published

3 days ago

November 24, 2025

The Tide

The Federal Government has reaffirmed its continued commitment to driving Nigeria-First policy aimed at encouraging local manufacturers and improving the economy through the non-export sector.

This is as the National Assembly has revealed that a bill for establishing a Weights and Measures Centre is advancing.

Delivering the keynote address at the Opening Ceremony of the 2025 Nigerian International Trade Fair, in Lagos, Minister of Industry, Trade and Investment, (FMITI), Dr. Jumoke Oduwole, said that government would continue to promote locally made goods.

Oduwole stated that the fair was not only an opportunity to showcase the best of Nigerian products but ensuring that the country continues to accelerate its non-oil exports under the Renewed Hope Agenda.

The minister noted that the government’s reforms are working and demands a lot of support from all stakeholders.

In her words, “Already, our non-oil exports have grown by 14 per cent. Our exports to the rest of Africa was the fastest growing at 24 per cent last year Q1, year-on-year, CBN released the results at the end of Q1.

“Now, this shows us that our goods are in demand across Africa. Earlier this year, the Federal Ministry of Industry, Trade and Investment opened an air cargo corridor in partnership with Uganda Air, and we mapped 13 Southern and Eastern African countries who want Nigerian products. We understood that they want our fashion, they want our light manufacturing, our food, our snacks, plantain chips, chin chin.

“They also want our zobo, our shea butter, beauty products. The things we take for granted here, our slippers, our hair wigs, are things that are in demand across the continent. And so we’re here to support our Nigerian exhibitors and to welcome our friends across Africa and across the world.

“Exhibitors, buyers who are interested in purchasing, we’re interested in growing these businesses. So a business that is a small business this year should be a medium-sized business in the next five years. Each trade fair has its uses, each trade fair has its conveners, and really, to be honest, there cannot be too many.

“This trade fair, traditionally, has been the largest in the country, and we want to bring it back to its former glory. There’s nothing like a competition.

On her part, the Executive Director, Lagos International Trade Fair Complex Management Board, Vera Safiya Ndanusa, said the board would, in the coming months, champion structured and modernised regulatory frameworks for trade fairs and exhibitions.

She stressed that reviving the Tafawa Balewa Complex was part of a broader mission to strengthen confidence in the nation’s trade infrastructure, while stimulating industrial activity and showcasing the enormous potential of the nation’s citizens.

“Most importantly, we remain the only agency in Nigeria expressly mandated by law to organise trade fairs, and we intend to restore that statutory responsibility to the prominence it deserves ensuring coherence, quality, and national alignment in trade events across the country.

“We will be deepening our engagement with NACCIMA, whose partnership has historically anchored the success of organised trade in Nigeria, while also strengthening ties with ECOWAS, continental business groups, and international partners who share our vision for a more integrated African marketplace.

“In the coming months, we will champion a more structured and modernised regulatory framework for trade fairs and exhibitions, one that protects stakeholders, ensures standards, and positions Nigeria as a credible and well organised destination for regional and continental commerce”, she stated.

She noted that as Africa embraces the promise of the African Continental Free Trade Area, a new momentum was building across the continent.

“For Nigeria, AfCFTA is not just an economic framework; it is a pathway to industrialisation, job creation, and intra-African collaboration.

“This complex must play a central role in that journey. We intend to make this fairground a primary entry point for African trade, a marketplace where producers and buyers from across the continent meet, a logistics hub connected to regional value chains, a centre for cross-border SME activity, and a launchpad for Nigerian businesses looking to expand beyond our borders.

“To achieve this, we are intentionally expanding access to markets physically, economically, and digitally. We are working to make participation more affordable for SMEs, women-led enterprises, and young entrepreneurs. We are improving mobility within and around the complex. A truly vibrant trade ecosystem must be inclusive, and inclusivity begins with access,” she stated.

Chairman, House Committee on Commerce, Ahmed Munir, commended Ministry of Industry Trade and Investment, ED LITF and her team, for promoting the platform as a veritable marketplace of ideas, innovation, and partnership.

He said the event was a clear reflection of the economic agenda of the current administration, supported by Speaker Rt. Hon.Abbas Tajudeen.

According to him, “The House of Representatives recognises that the engine of our economy is the private sector, particularly our Micro, Small, and Medium Enterprises (MSMEs), which contribute nearly 50 per cent to our GDP and employ the vast majority of our citizens.

“To create the competitive environment they need, the National Assembly has been working assiduously to pass and amend vital legislation to enhance the Ease of Doing Business by Streamlining regulatory bottlenecks and reinforcing essential infrastructure to make business operations simpler and more predictable.”

He stressed that as policy makers they would continue to promote the “Nigeria First” Policy through robust legislative support, ensuring that government ministries and agencies prioritise locally manufactured goods in all public procurement processes. “This is our clear statement: We must buy Nigerian to build Nigeria.

“Also to ensure quality and standards, the bill for establishing a Weights and Measures Centre is advancing. Quality is not optional; rather, it is the key to consumer trust and international competitiveness,” he said.