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Renewable Energy: Why Africa Must Improve Transmission Grid –Fashola

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The Minister of Power, Works and Housing, Mr Babatunde Fashola has said  Africa must intensify efforts  at  improving transmission grid for renewable energy to be effectively developed on the continent.
The Minister spoke last Monday at the opening of a two- day Conference on Renewable Energy Development organised by the Centre for Petroleum, Energy Economics and Law (CEPEEL ) of the  University of Ibadan.
The theme of the conference is “ Developing Renewable Energy in Africa; The interplay of  Technology, Economics and Law.’’
Represented by the  Director of  Renewable and Rural Power Access Department in the ministry, Farouk Yusuf, the minister said Nigeria as a committed member of both the United Nations, African Union and ECOWAS   has adopted several international treaties and policies  which  promote the use of renewable energy.
This,  he said, was in line with the national vision to provide incremental power,  and then steady  and uninterrupted power.
The minister said that the Federal Government recently approved an integrated energy MIX targets under Electricity Vision 30:30:30 which targets generation of 30 GW in  year 2030,  with 30 per cent from renewable energy sources.
“Africa has trillions standard cubic feet of natural gas reserves, billions of barrels of crude oil reserves and billions of tonnes of coal.
“But Africa has even greater abundance of renewable energy resources. Unfortunately, of the nearly 1.5 billion people estimated to lack electricity supply world over, half live in Africa.
“ Nigeria alone is estimated to have over 90 million people living without electricity supply,  according to the World Bank,’’ he said.
The minister, who  also  said  that power generation capacity in the country currently is about 7000 MW,  added  that government was  making efforts to  complete and  inaugurate  some renewable energy projects.
He listed the projects  to include the  10 MW Katsina wind farm, 30 MW Gurara Hydro Power, 29 MW Dadin Kowa Hydro Power and 40 MW Kashimbilla Hydro Power.
The minister further disclosed that large projects such as the 3050 MW Mambilla Hydro Power  and  700 MW Zungeru Hydro power initiatives  as well as  the 14 Solar IPPs were  expected to come on stream.
Gov. Abiola Ajimobi, while declaring the conference open,  said Nigeria needed  to allocate huge funds to renewable energy development in Africa
Represented by his  Chief of Staff,  Gbade Ojo, the governor said   African countries  must set  their minds to improving the level of energy efficiency that would enable the country to meet  the Sustainable Development Goals.
“ Then we must propel our ship to move at full speed in proactive solution for scaling up renewable energy, “ he said.
The Vice-Chancellor of  the University of Ibadan, Prof. Idowu Olayinka, said that the theme was  relevant and critical given the current energy challenges.
“ The significance  is not just for the town but also for the gown as the university spends very considerable amount of money to ensure stable electricity supply that can support research,  training and other activities,’’ he said.
The Director of the centre,  Prof. Adeola Adenikinju, said that  the provision of energy infrastructure engenders a multidisciplinary perspectives to solve energy challenges.
According to him, a multidisciplinary approach is needed for providing adequate and reliable energy infrastructure.

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FG Approves 4 New Channel Management Firms For Seaports

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The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
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RIRS Warns Against Unauthorised Tax Collection

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The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
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Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

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Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
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