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FEC Approves N65.3bn For 16 Power Projects In 2022

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The Federal Executive Council (FEC), yesterday, approved N65.39billion in foreign and local denominations to execute power projects in the country.
The Minister of Power, Engr. Abubakar Aliyu, disclosed this to State House correspondents at the end of the virtual extraordinary FEC meeting presided over by Vice President Yemi Osinbajo at the Council Chambers, Presidential villa, Abuja.
The minister explained that the extraordinary session was to ensure that the country begins 2022 on a clean slate in the area of electricity supply.
He said that he presented 16 memoranda which were all approved by the council, adding that the President Muhammadu Buhari’s administration has done more than its predecessors to ensure that Nigerians experience improved electric power supply.
According to him “FEC approved $65,606,420, €15,152,651 and N31,360,272,397, respectively for the award of contract for the construction of a 2X60MVA 132/33 KVA substation at Ikare-Akoko and 2×132 KV Lines Bay Extension at Oke-Agbe, Ondo State at the cost of $9,9928,912.80 and N2,037,076,700.00.
“Supply of 65 Hilux vehicles and 20 SUVs nationwide at the cost of N2,741,787,500.00. Procurement of 1,500 drums of transformer oil nationwide at N322,500,000.00. Supply of 19 Sergi transformer explosion and fire protection devices nationwide at €5,326,663,70 and N347,629,092.57.
“Construction of 142KV double circuit line in Ikere-Ijesa-Isu-Ilupeju towns, Ado-Ekiti State, $30,880,393.82 and N8,344,898,490.86. Construction of New National Control Center at Osogbo, Osun State at N1,168,318,638.68.
“Construction of New National Control Centre at Gwagwalada, FCT at N1,161,915,489.76. Supply of 180 of Grounding Equipment nationwide at €686,043.50 and N41,378,244.25. Additional work on 330KV double line to Mando substation in Kaduna at N893,011,356.42.
“Construction of 2X60MVA, 132/33KV substation at Ogbomosho and 2X 132KVLine Bags Extension at Ganmo substation at Ilorin at €5,274,245.00 and N457,708,341.02.”
He added that the council also approved contracts for design, manufacture, supply at N4,325,652,643.50. Installation and commissioning of transmission lines of 330/132/33KV Lekki, Lagos. LOT 1 and LOT 2 at N2,812,767,499.00.
The council also approved the “Augmentation for the construction of 2X60MVA 132/33 KVA substation at Malumfashi and 4X132KV Line Bats at Kankara at Katsina at N176,517,897.88.
“Supply and delivery of 40 each of primary and secondary injection test sets nationwide at €3,865,700.00 and N212,386,640.00”.
While noting that the Federal Government has ordered new power equipment, the minister assured Nigerians that they will soon see the outcome of the ongoing investments.
Aliyu who lamented that the current power generation is about 5,000mw also decried what he termed “the weak transmission grid”.
Speaking about the memos, he said, “Today, I presented to council 16 memos, which I seek for council’s approval and the council graciously approved all of them. At this point, let me say what these approvals will do to the nation’s electricity supply.
“As we’re all aware, the major problem we’re having in the Electricity Supply Industry is to be able to evacuate sufficient electricity and distribute it. That is to say, we have a very weak transmission grid and distribution segment of the value chain.
“We may not be having many problems with generation. So, unless we’re able to strengthen the electricity grid, which is nationwide, and to expand, and to be able to evacuate what the grid can take to consumers, we will have a lot of problems ahead of us.
“So, what we’re doing currently through various and several interventions is to be able to repair the grid by constructing new transmission lines, bringing in new equipment to replace the old ones at our substations. So, that will release more capacity to the distribution and leading to the customers.
“So, the operational capacity, as you all know now is hovering around 5,000megawatts and the transmission and distribution.
“So, these projects that we brought to council today and got approvals are all geared towards strengthening the willing capacity of the transmission and towards distribution, even though as you all know, the distribution segment of the Nigerian Electricity Supply Industry is been privatised, but we cannot fold our arms and allow them to continue not to do much to evacuate what the transmission can bring.
“But as it is now, even the transmission is not that strong. So, we need to put more investment into the transmission so that we can improve the capacity of the TCN to be able to take up enough electricity from the generation.
“So, these memos, although 16 of them, they’re all geared towards achieving what I’ve just explained.”

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Rivers’ll Be Known For Peace, Not Crisis -Fubara

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Rivers State Governor, Sir Siminalayi Fubara, has said that peace has prevailed because he draws strength from God to resist insults and tantrums thrown at him while frustrating attempts by some disgruntled persons who wanted to plunge the State into unending crisis.
The Governor also said that because he has anchored his Government on promoting peace, the enabling atmosphere has been provided for investments and sustainable development to flourish.
Governor Fubara made the assertion when he received a delegation of members of the Bishops and Gospel Ministers’ Association International Incorporated, Rivers State Chapter, at Government House in Port Harcourt, yesterday.
Represented by the Head of Rivers State Civil Service, Dr George Nwaeke, Governor Fubara said while most people took his meekness for weakness, his stance on peace has unarguably enhanced harmonious atmosphere of concord as residents sleep with their two eyes closed, and investors and shareholders are happy with the returns on investment.
He said, “Before, what they hear of Rivers State is that they are fighting, and some genuine investors will not come. Some people even ask you: How are you coping in Rivers State?
“But now”, he asserted: “The Governor has brought about a lot of changes in the State. One of the most important things is that he has changed the negative narrative. It is no longer Rivers of blood. It is now Rivers of peace.
“We are enjoying our lives here. Why? Because there is a change in the narrative. We have peace. The Governor is, as much as possible, absorbing any level of insult at him only for one purpose: that Rivers State may have peace; that we may grow; that this state will experience genuine development.”
Governor Fubara urged them, as members of the Christian family in the State, to continue to pray for the State and the Government so that the enemies of the State will be put to greater shame.
“This peace is what I want you to embrace. Go and continue to pray, because when the sower of the seed went and sowed, the enemy went in the night and sowed tares inside there. But the Governor is sowing peace.
“When I listened to the leader of the team, His Grace Eddy Ogbonda, he said you came all the way from Eleme Junction, and stopped at major junctions, and you uttered prayers for the peace of Rivers State.”
He also said: “I, hereby want to thank you for identifying with the Governor at a time like this. At a time when it looks as if someone wants the Governor’s peace posture misunderstood as weakness.
“When someone has the strength to fight back, but refuses to fight back. That is a bigger strength; that power of restrain does not just come, it can only come from God.
“You cannot give peace, if you do not have peace within you. The Governor is not interested in any form of trouble or violence. What he is interested in is known, and it is: let there be peace in Rivers State,” he said.
In his address, leader of the group, Archbishop Eddy Ogbonda, said they had observed a week-long intensive prayers that culminated into a peace rally, which brought them to Government House, and assured the Governor that God will continue to give him victory over his adversaries while preserving Rivers State.
“It is Rivers State Prophetic Prayer Convocation and Rally 2024 with the theme: ‘Peace be still’. Of a truth, everyone of us understands that we live in a time when we need peace much more than any other thing.
“Rivers State needs peace. Everyone as individuals need peace. The country needs peace, and the world at large needs peace. So, we are here to do a peace march. We pray that God will command His peace to reign in Rivers State,” he said.

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Hoteliers, School Owners Charging In Dollars Risk Arrest -EFCC

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The Economic and Financial Crimes Commission (EFCC) has stated that hotels, schools, and other establishments that accept payments in dollars from their customers are at risk of facing arrest.
The Chairman of EFCC, Ola Olukoyede, said this in the agency’s publication called EFCC Alert on Monday, adding that action would be taken against individuals involved in the dollarisation of the economy.
According to him, the exception is if foreigners come in to transact business and the only means of transacting is their credit card and dollar but to charge local customers in dollars or other foreign currencies would no longer be allowed.
He said charging local activities and customers in dollars is against Nigeria’s constitution.
The EFCC chairman said, “Schools that charge Nigerians in dollar, supermarkets that trade in dollar, estate developers that sell their property in dollar, hotels that are invoicing in dollar, we are coming after you and we have made arrests in that area.
“Yes, if foreigners are coming in and the only means of transacting is their credit card, and dollar, why not? You will get that.
“But document it properly as against selling things within the system, local economy and you will be using dollar as the medium of exchange, it is illegal.
“Our law does not allow for that. And we have also affected some arrests.”

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Eid-El-Fitr: Fubara Felicitates Muslims, Calls For Unity, Tolerance

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Rivers State Governor, Sir Siminalayi Fubara, has enjoined Muslim faithful to remain steadfast to the lessons learnt during the holy month of Ramadan.
Governor Fubara stated this in his message of felicitations to Muslims as they celebrate the 2024 Eid-el-Fitr Sallah, which marks the end of the one-month Ramadan fasting.
The Governor emphasised the importance for Muslims to also uphold the tenets of Islam by exhibiting the fear of God and showing piety in their daily work.
Governor Fubara said, “We must all continue in the good attributes imbibed during the holy month of Ramadan as directed by God through His Prophet, so as to ensure peace, unity and harmony in the society for a better future.”
While praying that the essence of the festival offers them happiness, peace and prosperity in all aspects of life, Governor Fubara said he recognises and appreciates the critical role that the Muslim community continues to play in the development of Rivers State, and indeed, Nigeria at large.
Governor Fubara charged them to remain unwavering and steadfast in their commitment and positive contributions to advance the development of the State and the country.
“I enjoin you all in the State to remain calm, be patient and continue to do what is right,” the Governor added.
He wished the Muslim faithful in the State and across the country a happy Eid-el-Fitr celebration.

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