News
Electricity Supply’ll Improve Within Six Months -Minister
Minster of Power, Mr Adebayo Adelabu, has assured Nigerians that the ongoing power upgrade and investment in power sector would improve electricity supply within the next three to six months.
Adelabu gave the assurance during a working visit to some ongoing projects in Maryland and Alausa substations yesterday in Lagos.
The Tide’s source reports that Adelabu visited Ikeja Electric and other ongoing projects in Lagos metropolis.
He disclosed that upgrading some substations in Lagos by Transmission Company of Nigeria (TCN) had commenced on 30MVA transformers to 100 MVA and 205 MVA in Maryland and Alausa, respectively.
The minister maintained that the Federal Government’s position on the implementation of a cost reflective tariff for the power sector was inevitable.
He said that investment across Distribution Companies (DisCos) was low due to the unavailability of funds to carry out infrastructure upgrades, appealing to the companies to ensure good service delivery to justify tariff review.
He said the ministry would do all it could to ensure that DisCos up their games through massive investment, noting, “if that fails, it will resort to legal backing.”
Adelabu bemoaned the rising cases of vandalism of power assets across the country, recommending capital punishment for vandals.
He labelled vandals of power assets as “killers of people and saboteurs of business growth”.
“We need scapegoats. We are ready to give them the right punishment in terms of prosecution.
“Punishment for vandals should go beyond six months jail term. Capital punishment should be meted out for power vandals. They kill people, and they kill businesses,” he said.
Adelabu added that all hands must be on deck among operators within the power sector value chain.
He said it remained worrisome that the country with an installed capacity of 13,000MW was generating a paltry 5,000MW.
The minister said the government to further advance his strategy of overcoming the present impasse, Adelabu pledged to change his master plan from top-to-bottom approach to bottom-to-top.
“Going forward, efforts will now be concentrated on development and infrastructure upgrade from DisCos to GenCos and then transmission.
“If we get it right at the DisCo level, then we are most certain that we are almost getting there. The meeting is planned, not accidental. You have made landmark achievements in the last 10 years.
“You have done well in relation to other DisCos. We can just shake your hands and leave, but they said the biggest room is the room for improvement.
“You are a model DisCo, the biggest in terms of revenue collection. I don’t know the one that is bigger between you and Ibadan DisCo, in terms of industrial clusters, because I am aware there are a lot of industries within your catchment areas,” he said.
Adelabu urged Nigerians to continue contributing positively to the growth of the country in spite of the current economic challenges.
“It is a bad time for the country. I mean, if you look at the hardship in terms of commodities and prices, these have affected the purchasing power of a lot of people.
“I believe that this is the time for all of us to wake up and do things well for the country.
“Though, I am bothered about what is happening, but I am not discouraged.
“This is the time that you (DisCos) should work hard with us to get desired improvements in power supply to people and businesses,” he added.
He urged DisCos to work closely with the government to expedite national development through a sustainable power sector for reliable and cost-effective sustainable power supply.
Earlier in her address, the Chief Executive Officer of Ikeja Electric, Mrs Folake Soetan, while reeling out some of the giant strides recorded by the company, said that the company had achieved a lot in terms of infrastructure upgrades and capital expenditure.
Soetan said that the company’s total CAPEX in 2015 was N5 billion but grew to N50.58 billion in 2023.
She added that average revenue collection in 2015 was N3.75 billion and grew to N18.22 billion as at 2023.
On metering, she said 30,000 meters were deployed to consumers as at 2015, while the figure hit 800,000 as at 2023.
Soetan lamented that revenue collection in the industry was largely hampered by the huge metering gap and non-payment of bills.
She worried that meter bypass and energy theft contributed immensely to the losses recorded by DisCos.
The Ikeja Electric boss said power generating capacity was still significantly lower than the demand for electricity.
This she noted that had resulted in frequent power outages and load shedding.
News
Victory Over Insurgency Certain, Tinubu Assures
President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.
The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.
He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.
Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.
“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.
“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.
The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.
Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.
He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.
“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”
The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.
The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.
Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.
News
US Embassy, Lagos Consulate Close Today For President’s Day
The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.
The mission made this known in a notice shared on its official X page, yesterday.
“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.
According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.
The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.
In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.
Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.
News
Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role
United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.
Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.
The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.
Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.
“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.
The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.
Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.
The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.
In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.
“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.
Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.
He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.
Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.
