Oil & Energy
Reverse Fuel, Electricity Price Hike Now, NGO Warns FG … As Students Threaten Mass Action
A non-governmental organisation, the Centre for Environmental Sustainability and Development Awareness (CESDA), has warned the Federal Government that the increase in the price of petrol and electricity rates would inflict hardship on ordinary Nigerians.
The group described the hike of both commodities at the same time as a wrong step taken in the wrong direction by the government based on the economy of the country.
CESDA made this known in a statement issued by its Chairman, Oluwaseyi Ogunko.
The NGO stated that the hikes are not acceptable and should not be accepted, saying that Nigeria at present has over 70 per cent of its population living in poverty.
The group pleaded with the Federal Government to reverse its decision in order to make life easier for citizens or incur their wrath.
The statement reads: “This decision coming at a time when governments around the world are looking for ways to alleviate the hardship on its citizen by looking for means to make life bearable for them despite the unease the Covid-19 Pandemic has brought. This harsh policies of our government at this time cannot be regarded as an attitude that reflects the stand of a government that truly cares.
“These steps are not acceptable and should not be accepted considering the fact that Nigeria at present is with over 70 per cent of her populace living in abject poverty.
“Nigerians are encouraged to rise in solidarity and clearly say no to these draconian policies of this government.
‘While I appeal to the President Muhammadu Buhari led-government to reconsider its stand as regards this hard decision, I will also implore Nigerians not to take laws into their hands in the cause of expressing their displeasure as regards the increments.”
Meanwhile, the National Association of Nigerian Students (NANS) has announced yesterday, that it has commenced high level consultations with relevant civic organisations and bodies with a view to forcing the Federal Government to rescind its decision on increments introduced recently on some essential services.
NANS Vice President, Ojo Raymond, in a statement released in Abuja, yesterday, accused the Federal Government of being insensitive to the plight of Nigerians, particularly at a period when the COVID-19 pandemic has affected peoples’ sources of livelihood.
According to NANS, Nigerians are unhappy with the increase in the price of fuel, electricity tariffs, cable TV subscriptions, and other ‘anti-people policies’ which has resulted in the commensurate increase in prices of other essential commodities.
The student body reminded the Buhari government that it met the pump price of petrol at N87 and advised that the government reverse it to N100 per litre to enable citizens cope with their daily obligations.
Oil & Energy
‘Revamping Moribund Refineries ‘ll Address Rising Cost Of Petroleum Products’
Oil & Energy
The Race To Cut Methane Emissions Is Exposing A Global Divide
By Felicity Bradstock for Oilprice.com 16
Oil & Energy
Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
-
Politics3 days agoLG CITY BOY COORDINATOR HAILS WIKE’S SUPPORT FOR ONYESOH, TINUBU
-
Politics3 days ago
DIRI INAUGURATES APC CAMPAIGN COUNCIL, SETS MILLION VOTES TARGET FOR TINUBU
-
Politics3 days agoNDC Candidate Urges Oborevwori To Probe Asaba Political Violence
-
News3 days agoArmy Recovers X Account After Hack Attempt
-
Business3 days agoNigeria Loses N17tr Yearly To Abandoned Projects
-
Politics3 days ago
2027: Oborevwori Tasks Media On Fair, Accurate Reporting
-
Politics3 days ago
2027: AKPABIO ENVISAGES TINUBU’S VICTORY IN SOUTH SOUTH REGION
-
Politics3 days ago
Asaba Political Violence: Police Confirm One Dead, Delta Govt Urges Probe
