Business
Borno Blackout: Minister Orders Immediate Reconnection
Following the lingering
blackout in Born State, the Minister of State for Power Mohammed Wakil has issued a 48-hour ultimatum for Borno to be reconnected to the national grid.
Wakil also disbanded the Technical Committee that was set up by the ministry of power under his chairmanship to oversee the protracted reconnection efforts.
The Minister further directed the Transmission Company of Nigeria (TCN) to speed up work on the 330/132/33Kva sub station in Damaturu which, when completed, will improve the quality of power supply to Borno and Yobe states stressing that Borno should have three sources of power supply from the national grid.
Following the meeting with security and intelligence personnel on the blackout crisis resulting in a high level review of the situation on the ground, the minister decided to take direct charge of the reconnection efforts.
According to the Minister, Borno people are no longer ready to take any further excuses for the continous blacks out even as he warned stakeholders to carry out his directives or face sanctions.
“You have 48 hours to restore electricity back to Maiduguri, I am taking over directly in terms of monitoring and ensuring compliance,” he said.
He added that at the end of the exercise, Borno State would have three sources of power namely, the 132KV Gombe-Biu-Damboa-Maiduguri line, the 330kv new sub station on Damboa road in Maiduguri and the Damaturu 330/132/33kv which should be completed as quickly as possible.
Borno has had issued with persistent power outages in the recent past on account of the armed conflict between the Boko Haram and federal troops.
Since 2005 the state has been a centre of fierce fighting between the government security forces and the insurgents. In September 2014, military authorities and the Transmission Company of Nigeria (TCN) reached an agreement for the provision of security cover to TCN field engineers working on the reconnection of Borno state to the national grid but these efforts had remained largely unsuccessful.
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.