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FG Refuses To Confirm Electricity Tariffs’ Increase

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Minister of State for Power, Mr. Goddy Jedy-Agba has said he was incompetent to speak on the speculated secret increment in electricity tariffs.
Speaking to journalists on the sidelines of a public hearing on the bill to amend Electric Power Sector Reform Act, 2005 to Provide the Legal and Institutional Framework for the Implementation and Coordination of Rural Electrification projects, Establishment of the National Power Training Institute and Regulatory provisions to Strengthen the Sector for Efficient Services Delivery and for Related Matters’, held at the instance of House Committee on Power chaired by Hon. Aliyu Magaji, Agba said that all enquires should be channelled to Nigerian Electricity Regulatory Commission (NERC).
The Secretary General of National Union of Electricity Employees (NUEE), Comrade Joe Ajaero had earlier in the hearing condemned the arbitrary increase by NERC
Agba said: “Where is the Chairman NERC? He’s the one that does anything on tariff. I can’t speak on tariff. He’s the chairman of NERC that can speak on tariff.”
Reminded that he was the supervising Minister of NERC and other regulatory agencies, he added “No, no, no, don’t put me in a corner. There’s a chairman responsible for NERC. You want me to tell you what does not apply and you hold me on to that responsibility?”
Earlier in his presentation, Ajaero criticised the injection of about N3trillion into the electricity companies without adequate supply for over 10 years.
He said: “There has not been meaningful improvement or contribution by the current investors 9 years after privatization and 17 years after the Electric Power Sector Reform Act, 2005 was signed into law.
“Our position on privatization is clear, but we are worried whether the amendments are critically based on market private public where we belong now.
“Having tried privatization for 10 years, and we are doing just the amendment of sections of the act and even the review provision in the act which gives provision for the review of the sector after five years and we have written consistently and it has not happened.
“This Act, are we really obeying it? If there is provision for review after five years, and Nigerians are groaning, consistently Nigerians are complaining and we say privatization was based on the fact that government doesn’t have any business in it and government is pumping in money to an individual’s business.
“As we speak now, almost N3trillion has been pumped into the power sector which wasn’t there when it was owned by the government. So, what’s the logic to say government has no business in business and government now has to pump and fund the business of another man. And we need to sit down and see what is working for us.
“That is why we came here to say the laws we made by ourselves, we can pause and look at it and move on. Since nobody has talked about reversion of privatization, but let’s see how it can ft us.
“As we are speaking today, the issue of tariffs is on. If government is pumping in trillions and Nigerians are being compelled to pay, you can see what is happening. The country is suffering.
“If you put two trillion (naira) in the economy of Nigeria today, it will thrive, but it is being pumped into business owned by individuals. Let’s look at. What is the cost benefit analysis of this if we have to take our money, and go and check the records, for about 10 years before privatization, government didn’t put ten percent that money into the sector but it’s putting it now.
“For another 10 years, no increase in generation, no conscious master plan, there is no plan in the country that by next year power plant will come into the system. None for the next two years nor three years for power generation to be constant, at 4,000 Megawatt, and demand will continue to increase because more houses will be built, connect on and on.
“So, if this is reduced to public hearing and no action is taken further on how to make the system work, and Nigeria is still at the bottom of countries suffering power poverty all over the world.
“The normal concept is one million people to one thousand megawatt, and we have a country of 200million people with 4 to 5 thousand Megawatt, nobody is talking about it.
“During the Babangida era there was feasibility study on Mambila which had the capability of giving what we are having in this country today and from that period till now nothing has happened. The same thing with Zungeru.
“The union doesn’t want to bask in the euphoria of the Act/law which does not provide one megawatt to the system. The union doesn’t want to bask in the euphoria of having 19 companies, 19 MD’s and ED’s on 4,000Megawatts.
“The company that was owned by one ED before will now multiply. The multiplication of 19 successor companies did not add one megawatt. So, what’s the honest sense of sweeping in 200 companies knowing the generation is constant.
“The option of government controlling 60percent shares of the facilities as against the present 40% (inclusive of the negotiated 10% equity shareholding for staff in line with the laws setting up the National Council on privatization (NCP) is imminent as the Private Sector Operators have clearly shown lack of capacity to construct a simple Power Plant since the last 9 years.
“Besides, the Federal Government has continued to fund the sector. Available statistics shows that about N400billion was realized from the privatization of the Power sector with the Federal Government investing over one trillion thereafter”.
In his remarks, the House Committee chairman, Hon. Aliyu Magaji disagreed with the Nigerian Governor’s Forum (NGF) over power generation and distribution in the country.
“They think and feel that there is a constitutional provision that gives them the right to form a regulatory agency in the country. NGF also wants each state to generate and distribute power across states of the federation.
“As a committee, we have received their documents, we shall look at it thoroughly and critically and decide the next step to take.
“Our intention as a committee is not to go after anybody but to break the monopoly; the Constitution of the Federal Republic of Nigeria is very clear on power generation and control,” he said.
Similarly, consultant to NGF, Eyo Ekpo, said that states have a right under the law to legislate on electricity issues.
“And the Constitution is quite explicit actually in paragraph 14 of schedule 2 where it is explicitly stated that the states have power to make laws for electricity operations that are conducted within the boundary of their states.
“Of course, like it does not with the federal government which has similar power to make laws for electricity generation and transmission that is across the states, similarly, the Constitution grants to the states the power to make laws for electricity business that is conducted within their states.
“So, to the extent that the chairman has said there is a conflict, I will not say there is a conflict. Rather, there is a clear cut separation. Electricity business that crosses border is quite distinct from electricity business that is conducted entirely within the boundary of a state.
“What we are saying as states is that the moment a state makes its own law for electricity to be conducted within its borders, it has the sole and exclusive responsibility for that aspect alone,” he said.

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Fubara Restates Commitment To Peace, Development …Commissions 10.7km Egbeda–Omerelu Road

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Rivers State Governor, Sir Siminalayi Fubara, has declared that his administration will ensure the delivery of developmental projects and the prevalence of peace in all parts of Rivers State.

The Governor emphasized that the achievement of these lofty ideals can only occur through the unwavering contributions of all Rivers stakeholders.

Speaking during the commissioning of the 10.7-kilometre Egbeda–Omerelu Road constructed by his administration, the governor said Rivers State can only move forward when its people choose unity over division.

He assured Rivers people that development projects would reach every part of the State but cautioned that progress cannot thrive where conflict persists.

Reflecting on the project, Governor Fubara recalled that the road was a promise he made during the inauguration of the first phase about a year ago.

“We made a promise that we were going to do this project, and today I am happy that the government has fulfilled that promise made to Emohua people, Egbeda community and Omerelu people,” he said.

He noted that the essence of governance is service to the people, adding that responding to their needs is a core responsibility of any administration.

“We decided to do this because you know where we are coming from, and if we don’t tell our story, many won’t know what we are doing. Even in the face of tribulations, we have remained focused on delivering the dividends of democracy. We will continue to serve our people with respect and honour,” he affirmed.

Governor Fubara also reiterated his support for President Bola Ahmed Tinubu, pledging to back all groups working towards securing the President’s victory in 2027.

Giving technical details of the project, the Permanent Secretary of the Ministry of Works, Dr. Austin Ezekiel-Hart, explained that the contract was awarded on October 27, 2024, to Messrs Johnson Roadworks Limited.

He said the road links communities in Emohua and Ikwerre LGAs and shortens travel time for motorists commuting from Ahoada East, Ahoada West and Omoku through Egbeda to Owerri in Imo State.

He added that the infrastructure features a 12-metre clearing width and an 8-metre asphalt surface, comprising a 50mm binder course and a 40mm wearing course. It is complemented by 24 kilometres of drainage channels with a 1.05m² cross-sectional capacity to ensure durability and efficient water flow.

In his remarks, the Chairman of Emohua Local Government Area, Dr. Chidi Lloyd, described the road as a crucial link for surrounding communities, significantly easing movement for residents.

He praised the governor for demonstrating continuity and consolidation and prayed for God’s strength to enable him to achieve even more for the people.

 

 

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Oil & Gas: Rivers Remains The Best Investment Destination – Fubara

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Governor Siminalayi Fubara says Rivers State remains the best investment destination for investors in the oil and gas sector.

Governor Fubara stated that since the economic development of Rivers State is closely connected to the growth of the oil and gas industry, his administration has continued to collaborate with the Federal Government and host communities to protect natural assets in the sector.

The Governor stated this during the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation Oil and Gas Roundtable in Port Harcourt.

Represented by the Secretary to the State Government, Dr. Benibo Anabraba, he pointed out that since the economy of Nigeria relies substantially on the oil and gas sector, his administration will continue to collaborate with relevant stakeholders to ramp up production.

“The Nigerian oil and gas sector is the lifeblood of our nation’s economy, contributing over 90% of Federal Government’s foreign exchange earnings. Similarly, Rivers State, home to numerous national and multinational oil and gas companies, is the centre of Nigeria’s hydrocarbon industry, with the State’s oil and gas resources generating over 40% of the country’s revenue.

“?Considering this, the survival and economic development of Rivers State are closely connected to the growth of the oil and gas industry. That is why, since the beginning of this administration, we have focused on safeguarding the national oil and gas assets in collaboration with the Federal Government, security agencies, communities and other stakeholders, and we will maintain this commitment for as long as it is necessary.

“Furthermore, we have established and maintained a conducive, peaceful, and secure environment for companies to open and flourish in the State as part of a strategic plan to stimulate our economy, generate jobs, and enhance the well-being of our citizens.

“We therefore recognise and applaud the vital role that indigenous companies are currently playing in bridging gaps and advancing the development of Nigeria’s oil and gas industry,” he stressed.?

Governor Fubara affirmed that Nigerian-funded companies can only succeed and make meaningful contributions to the nation’s economic prosperity when challenges that limit the nation are effectively tackled, and expressed his administration’s stand to support indigenous organisations such as the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation.

Declaring the roundtable open, the Governor assured the Nigerian-Owned companies in the oil and gas sector, that “we are ready and willing to respond positively to any administrative, policy, or legislative recommendations within our jurisdiction as a subnational State.”

The Founder of the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation, Mr Emeka ugwu-Ozu, disclosed that the summit, held only in an oil and gas producing place, is a forum for all in the industry to brainstorm and suggest best practices for local players.

“This roundtable discussion takes place in only oil and gas producing states, and it is intentional. And that is to make sure that sooner, it becomes like what we say is the equivalent of Houston in the United States of America.

“I would say that from what I have seen so far, Rivers State is back and open, safe and good for business. The oil and gas players should come and see what we have seen,” he said.

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Lady Fubara Lauds Rivers Women On Peace, Development

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Wife of the Rivers State Governor, Lady Valerie Fubara, has lauded the commitment, solidarity and pivotal role of women in promoting peace and enterprise development in Rivers State.

Lady Fubara spoke at the second edition of ‘Women Converge,’ a special programme organized by Rivers Women Unite for Sim, an NGO, at the main bowl of the Alfred Diete-Spiff Sports Complex in Port Harcourt, last Thursday.

She said women in the state had tremendously impacted the state positively through their prayers, careers, contributions to the home fronts, and expressed appreciation to Rivers women, for their unwavering support  to her husband, Sir Siminalayi Fubara, the Governor of Rivers State, while urging them to continue to pray for the state.

“Once again, let me use this occasion to thank Rivers women for their support both in prayers and solidarity with me and my family. You have been wonderful. I can’t reward all that you do, but God in heaven who sees in secret will surely reward you openly.

“Truly today, marks another milestone in our effort to shape the society for good and lending our support for the sustenance of peace and development of Rivers State in particular and Nigeria at large. Without doubt, the prayers of our women avails much in every situation.

“Let me enjoin our women to remain prayerful because God is ever ready to answer our prayers. In all that we do, we must not forget the hand of God and often seek Him for direction and help. You have always been steadfast and I urge you not to relent, and together we will move our society forward. Whatever you do, putting your trust in God will certainly succeed”.

The Rivers State first Lady described the theme of the event, “Women in An Evolving World” as apt and, deeply reflective of the very essence of actions and strategies that women adopt to navigate the new world order.

She noted that despite  the complexities of managing the home front and the constraints of economic realities, women had demonstrated formidable strength and resilience to confront the odds of life.

“This Converge underscores the resilience of our women to succeed no matter the odds, especially with absolute faith in God and determination for greater accomplishments.”

“Whether in the industry, business, agriculture, public service or even in politics, they have always shown strong determination to adapt and to accomplish like others.

“Our natural state notwithstanding our focus has always been to reach for the sky like every other person and as Rivers women we have always been pacesetters.

The Keynote Speaker, Pastor Eno Jerry Eze, described women as the foundation of every society, noting that the development of every society depends on the strength of womanhood.

In their good will messages, notable Rivers women who attended the event expressed optimism over the prospects of sustainable peace and development in Rivers State, and reiterated their support for the administration of Governor Siminalayi Fubara.

Some dignitaries that attended the event include former Commissioner for Environment in Rivers State, Prof Roseline Konya; foremost activist, Ann Kio Briggs; wife of the former Deputy Governor of Rivers State, Dr Mrs Christie Toby; President of the Port Harcourt Chambers of Commerce Industry, Mines and Agriculture, PHACCIMA,  Dr Chinyere Nwoga;  Pastor Ene Secondus, among others.

Highlights of the event were ministrations, cutting of cake and special prayers for Rivers State. 

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