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Govt unveils policies to accelerate Nigeria’s energy transition goals

Michael Simire
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Govt unveils policies to accelerate Nigeria’s energy transition goals

The Federal Government of Nigeria on Thursday, February 27, 2025, unveiled the National Integrated Electricity Policy (NIEP) and Integrated Resources Plan (NIRP) to accelerate energy transition goals.

National grid
National grid lines

The documents were put in place by the Ministry of Power in partnership with  UK Foreign, Commonwealth and Development Office (FCDO) and the UK Nigeria Infrastructure Advisory Facility (UKNIAF).

Speaking at the Public Presentation and the unveiling of the NIEP and NIRP in Abuja, the Minister of Power, Mr Adebayo Adelabu, said that the NIEP would serve as the guiding framework for Nigeria’s power sector.

Adelabu said that NIEP would also ensure that the country’s journey towards universal electrification was evidence-based, pragmatic, and aligned with its energy transition goals.

“Today’s occasion is a testament to our unwavering commitment to shaping a power sector that is inclusive, sustainable, and driven by strategic planning.

“Complementing this is the Integrated Resource Plan (IRP), a strategic roadmap that prioritises least-cost electrification and an optimised energy resource utilisation.

“Collectively, the NIEP and the IRP present a unique opportunity to drive the transformation of Nigeria’s power sector through a data-driven and evidence-based approach,” he said.

Adelabu said that beyond strengthening the sector, the NIEP and the IRP frameworks had far-reaching economic implications directly impacting supply reliability to small and medium-sized enterprises (SMEs) as well as large industries, reducing operational disruptions caused by power shortages.

He said that the frameworks would foster economic growth and job creation, and accelerate local and regional development.

“This reinforces our commitment to delivering a more reliable, sustainable, and inclusive energy future for all Nigerians.

“This aligns seamlessly with the Renewed Hope Agenda of President Bola Tinubu which recognises that energy is not merely a commodity but the backbone of economic growth and job creation,” he said.

Adelabu said that as a result of the president’s unwavering support and commitment to advancing the development of the power sector it achieved a lot of milestones in 2024.

The minister listed the milestones to include the development of the National Integrated Electricity leveraged on more than one billion dollars  investment in the power sector.

“Others are the commencement of the process of transitioning the sector to full commercialisation, achieving an average of about 5, 300 Megawatts (MW) from 4, 200MW recorded in 2023 among others,” he said.

According to him, the opportunities within the country’s power sector are vast, spanning from closing transmission and distribution gaps to developing hydropower and integrating large-scale renewables into the grid.

“We recognise the critical role of private capital, innovation, and expertise in transforming our electricity landscape, and we are committed to fostering an enabling environment for sustainable investment.

“I would like to extend my gratitude to the UK Foreign, Commonwealth and Development Office (FCDO) and the UK Nigeria Infrastructure Advisory Facility (UKNIAF) and other development partners for their valuable support in this journey.

“Your partnership has been instrumental in helping us develop the robust policy and planning frameworks that will shape the future of Nigeria’s energy landscape,” he said.

Ms. Sally Woolhouse, Head of Economic Development, Foreign Commonwealth and Development Office, Nigeria, said that the UK and Nigeria enjoyed a long-standing relationship.

Woolhouse said that the UK would continue supporting first class infrastructure development in Nigeria that would lead to sustainable economic growth as this would build mutually beneficial strategic partnerships for both countries.

“Today’s event demonstrates the commitment of the UK and Nigerian governments to addressing Nigeria’s energy sector challenges.

“On policy, it demonstrates Nigeria’s commitment to tech-driven, evidence-based, and sustainable energy planning for the country within a context of policy certainty,” she said.

By Constance Athekame

How to improve governance in Nigeria, by Gov. Fubara

Michael Simire
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How to improve governance in Nigeria, by Gov. Fubara

Gov. Siminalayi Fubara of Rivers State says lack of public accountability, weak institutions, passivity of citizens and civil society organisations are reasons Nigeria still gropes for good governance.

Gov. Siminalayi Fubara
Gov. Siminalayi Fubara of Rivers State

Fubara spoke at the 6th Yearly Lecture of the SWAAYA Limited, Publishers of The Freedom Online, on Thursday, February 27, 2025, in Lagos.

The lecture, tagged “Nigeria’s Socio-Political Challenges: Whose Fault, Leaders or the Led?”, brought together politicians, media experts, among others.

Fubara, who was represented by a former deputy governor of the state, Mr. Tele Ikuru, said that as long as citizens and civil society organisations remained passive, bad governance would continue.

“There is a symbiotic relationship between leadership and followership.

“Leaders emerge from the same society they govern. If the people demand accountability, credible leaders are more likely to emerge.

“If citizens remain passive, bad governance will continue,” the governor said

According to him, elected officials such as governors, legislators and other political appointees have the mandate to serve the people and implement policies for national progress.

He said that people also had the power to influence leadership by making informed choices and holding leaders accountable for their actions.

Fubara said the country had battled several socio-political challenges, including economic stagnation, unemployment and corruption over the years, saying it was time to change the narrative.

He decried electoral issues such as violence, rigging, and voter intimidation, saying the problems had constricted the space for the emergence of credible leaders.

Fubara also said weak public institutions, poor infrastructure, institutional failures had exacerbated governance challenges.

The governor frowned at tribal politics and lack of engagement of leaders, saying these had impacted the country’s democracy negatively.

“Instead of demanding good governance, some citizens support politicians based on ethnic or party loyalty rather than competence.

“Society often tolerates and even celebrates corrupt leaders, making accountability difficult.

“Many people do not actively engage with government policies, public hearings, or hold leaders accountable between elections,” he said.

Highlighting roles of the civil society and the media in exposing corruption and advocating for policy changes, Fubara said both leaders and citizens must take responsibility to address leadership challenges.

He said that public interest must be at the centre of public policy.

Calling for ethical leadership and improved electoral integrity, Fubara said that political parties must prioritise candidates with integrity and competence.

“Nigeria, we must break the cycle of poor leadership and passive followership by fostering a culture of civic engagement and ethical governance.

“Foreigners will not fix Nigeria for us. Until Nigerians take full ownership of the country’s problems and solutions, the cycle of poor governance and underdevelopment will persist,” he said.

Corroborating, Sen. Gbenga Daniel, a former governor of Ogun State, said most of the problems Nigeria was faced with had to do with poor leadership.

Also speaking, Prof. Akinyemi Onigbinde, Executive Secretary, Centre for Policy and Development Studies, said politicians must begin to play their game the right way to strengthen democracy.

Also, the Aare Onakakanfo of Yorubaland, Chief Gani Adams, said that bad leadership and followership had affected the country’s progress.

Adams also called for strong opposition, saying no good governance could come out of any democracy with weak opposition.

Chief Olabode George, a former Deputy National Chairman of the People’s Democratic Party (PDP) and Chairman of the occasion, while tracing the history of Nigeria’s socio-political challenges, commended the guest speaker and publisher for the theme of the lecture.

Earlier in his welcome address, the Managing Director/Chief Executive Officer of Freedom Online, Mr. Gabriel Akinadewo, commended the guest speakers for doing justice to the topic.

He said there was the need to distinguish between political maneuvering and substantive governance.

“Today, we confront a fundamental question: What do Nigerians expect between now and the 2027 presidential election?

“This inquiry leads us to examine the relationship between citizens and their elected representatives, and the accountability that binds them,” Akinadewo said.

Stating that Nigeria’s political and judicial systems require urgent reform, the publisher said, “As the world advances, Nigeria cannot afford stagnation”.

Other speakers at the event included Prince Adewole Adebayo, the 2023 Presidential Candidate of the Social Democracy Party (SDP); Retired Navy Captain Omoniyi Olubolade, former Military Administrator in Bayelsa State and former Minister of Police Affairs, among others.

By Adeyemi Adeleye

Govt, CSOs to track state, LGA climate efforts

Michael Simire
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Govt, CSOs to track state, LGA climate efforts

The Federal Government says it is collaborating with some civil society organisations (CSOs) to assess, track and rank the efforts put in place by states and Local Government Areas (LGAs) in addressing climate change issues.

Dasuki Arabi
Dasuki Arabi, Director-General, Bureau of Public Service Reforms (BPSR)

Mr. Dasuki Arabi, the Director-General, Bureau of Public Service Reforms (BPSR), said this at a one-day stakeholders’ workshop on Climate Action Index (CAI) on Wednesday, February26, 2025, in Abuja.

The workshop was jointly organised by BPSR in partnership with the Centre for Fiscal Transparency and Public Integrity (CeFTPI) and Centre for Climate Action, Innovation and Engagement (CCAIE).

Arabi said the CAI would help drive accountability, encourage competition and highlight best practices to be replicated across the country.

“The Climate Action Index we introduce today is designed as a tool to assess, track, and rank sub-national climate efforts.

“This workshop aligns with Nigeria’s broader commitment under the Paris Agreement and Climate Change Act of 2021, towards ensuring that subnational climate actions are transparent, measurable and impactful.

“The CAI is an innovative initiative created to amongst others evaluate, rank and support subnational governments in Nigeria towards fulfilling the climate commitments,” he said.

According to Arabi, climate change remains one of the most defining challenges in the country, with direct consequences on the economy, environment and public well-being.

This, he said, was an indication that a wholistic action should be taken to mitigate global warming and limit global temperature rise.

“Nigeria, like many other nations, have made ambitious commitments towards climate mitigation and adaptation through national and international agreements, including the Paris Accord and the Nationally Determined Contributions (NDCs).

“However, the success of these commitments depends not just on federal policies but also on the active participation of sub-national entities like the states and local governments.

“While some countries have made significant commitments towards net-zero targets, the Organisation for Economic Co-operation and Development report 2024, indicates that current commitments are not enough to meet the Paris Agreement Goals,” Arabi said.

He added that the overall objective of the CAI was to ensure commitments towards addressing climate change and transitioning to a low carbon economy.

Mr A’Aron John, Executive Director, CCAIE, said the centre in collaboration with CeFTPI, developed the CAI to identify implementation gaps, promote accountability and develop actionable road map towards a net-zero future.

John regretted that Nigeria’s emissions increased by a Compound Annual Growth Rate of one per cent between 1990 and 2021.

He said to avoid further increase in emission, the CAI would evaluate states and LGAs based on three key pillars according to the NDCs framework.

“The pillars are climate action plan alignment with the federal targets, integration into state policies and implementation frameworks,” he said.

The National Emergency Management Agency of Nigeria and other critical stakeholders were part of the workshop.

By Emmanuel Afonne

Govt reaffirms commitment to Ogoni cleanup, inaugurates two water projects

Michael Simire
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Govt reaffirms commitment to Ogoni cleanup, inaugurates two water projects

The Federal Government on Thursday, February 27, 2025, reaffirmed its commitment to the Ogoni cleanup and inaugurated two additional water schemes in Beeri, Khana LGA, and Bunu, Tai LGA, in Rivers State.

Ogoni cleanup
Minister of Environment, Malam Balarabe Lawal, inaugurating a water scheme in Rivers State

This was disclosed in a statement issued in Abuja by Prof. Nenibarini Zabbey, the Project Coordinator of the Hydrocarbon Pollution Remediation Project (HYPREP).

While inaugurating the water projects, the Minister of Environment, Malam Balarabe Lawal, said the initiative aligns with the Federal Government’s commitment to restoring Ogoniland.

He added that it reaffirms the government’s dedication to environmental sustainability and the well-being of communities affected by oil pollution.

“The provision of potable water to these communities is a critical step towards improving public health, reducing waterborne diseases, and enhancing the overall quality of life.

“It also signifies a renewed commitment to ensuring that the people of Ogoni reap the full benefits of environmental remediation efforts.

“We will continue to ensure that communities have access to clean, safe, and sustainable drinking water,” the minister pledged.

Lawal, while commending President Bola Tinubu for his dedication to environmental sustainability and the restoration of Ogoniland, noted that his leadership has expedited the implementation of the UN Environment Programme (UNEP) recommendations for the benefit of the Ogoni people.

The minister also praised HYPREP’s management under Zabbey and the development partners for their commitment to realising these projects.

He urged the communities to take responsibility for protecting the facilities.

He assured that HYPREP is also addressing other critical needs, such as healthcare, education, and economic empowerment, to ensure a sustainable future for the region’s residents.

Earlier, Zabbey stated that the commissioning of the water projects is proof that HYPREP is making significant progress in implementing the Ogoni cleanup programme.

The PC emphasised that the project is focused on ensuring the timely and efficient execution of initiatives, reaffirming its core values of transparency and accountability in implementing the UNEP report’s recommendations.

He noted that the newly inaugurated water projects demonstrate a strong commitment to effectively carrying out the UNEP report’s recommendations.

“The Beeri water facility, which will distribute water to seven communities, has a combined tank capacity of 900,000 litres, while the Bunu facility, with a capacity of 850,000 litres, will supply potable water to three communities in the area,” Zabbey explained.

According to the statement, the minister and his entourage also visited other HYPREP projects, including remediation sites in Ogale and the 100-bed Ogoni Specialist Hospital in Kpite, Tai.

They also visited the Centre of Excellence for Environmental Restoration (CEER) in Wiiyaakara and the mangrove restoration site in Bomu, where they planted symbolic mangroves.

By Abigael Joshua

NEITI tasks oil companies to prioritise host communities’ devpt

Michael Simire
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NEITI tasks oil companies to prioritise host communities’ devpt

The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged oil companies operating in Nigeria to prioritise the development of their host communities.

Orji Ogbonnaya Orji
Dr Orji Ogbonnaya Orji, Executive Secretary, NEITI

NEITI’s Executive Secretary, Dr Ogbonnaya Orji, made the call at the official presentation of a Policy Brief on three per cent Operating Expenses (OPEX) for Host Communities on Thursday, February 27, 2025, in Abuja.

The policy brief is titled: “Giving host communities their due: Revisiting the three per cent OPEX funding framework for host community development trusts in Nigeria”.

The unveiling, organised by the Spaces for Change, a civil society organisation (CSO), had in attendance stakeholders from the oil industries and representatives of the host communities, among others.

Speaking at the event, Orji emphasised the need for greater corporate commitment to community development.

“It is an honour to address you today on a matter of profound importance to Nigeria’s oil and gas industry.

“And more importantly, to the communities that bear the direct impact of resource extraction—the Host Communities Trust Fund.

“This fund, established under the Petroleum Industry Act (PIA 2021), is designed to enhance the welfare of host communities, ensure sustainable development, and promote peaceful coexistence between industry operators and their host environments,” he said.

Orji said the successful implementation of the initiative required a collective effort, involving not only government agencies but also the vital contributions of NEITI and non-state actors, including CSOs, community leaders, and the media.

“The Role of NEITI as the national representative of the global Extractive Industries Transparency Initiative, plays a crucial role in promoting transparency and accountability in Nigeria’s extractive sector.

“Specifically, in the implementation of the Host Communities Trust Fund, NEITI’s role is multifaceted,” said Orji.

According to him, NEITI is mandated to ensure openness in revenue flows and financial transactions being pivotal in tracking funds allocated to host communities.

He also urged host communities to play their part by taking ownership of projects in their areas and ensuring their proper maintenance.

“The host communities must be willing to take responsibility by owning and maintaining the projects implemented for their benefit,” he emphasised.

Dr Dekor Robinson, Chairman of the House Committee on Host Communities in the House of Representatives, pledged continued engagement to ensure the effective utilisation of funds allocated to host communities.

Represented by Mr Clement Jimbo, a fellow committee member in the House of Representatives, Robinson emphasised that the three per cent allocation was not insignificant.

He stressed the importance of host communities taking full control of the funds to achieve their development goals.

In her presentation, Mrs Victoria Ibezim-Ohaeri, Executive Director of Spaces for Change, highlighted her organisation’s role as a key partner in recognising both the achievements and gaps in the fund’s utilisation.

Ibezim-Ohaeri encouraged companies to engage host communities as partners and emphasised her organisation’s commitment to addressing the identified gaps.

By Emmanuella Anokam

NOSDRA vows to go after oil spillers, pipeline vandals

Michael Simire
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NOSDRA vows to go after oil spillers, pipeline vandals

The National Oil Spill Detection and Response Agency (NOSDRA) has vowed to go after oil spillers, tankers and pipeline vandals in the country, irrespective of their position in the society.

Oil spill
The oil spill site

Mr. Edward Omo-Erewa, the newly appointed Chairman of the Governing Board of NOSDRA, said this on Thursday, February 27, 2025, in Abuja during his familiarisation visit to the agency.

Omo-Erewa said that it was time to hold those who spilled oil, vandalised pipes, polluted the society and caused harm to the society responsible for their actions.

According to him, “we will go after those who spill oil irrespective of who they are. Over the years, there have been no discipline, and because our problem is indiscipline, we are ready to change the narrative.

“Few weeks ago, some tankers got spilled, now we will go after them so they will know we are serious.

“We need to make ourselves known and that is how to also draw the government’s attention to the agency,” he Omo-Erewa.

He also said that he was aware of the staff strength of the agency and the poor working conditions staffers were subjected to.

Omo-Erewa pledged to enhance the agency, improve staff welfare and boost overall productivity, while calling for robust collaboration between the agency’s management and the board.

In his remarks, Mr. Chukwuemeka Woke, Director General, NOSDRA, welcomed the Chairman and expressed optimism that his presence would make a positive impact in the agency.

Woke stressed the need for synergy between the board and management of the agency with a view to achieving the mandates of the agency.

He urged the board not to work in silos and pledged the support of the management in providing all necessary information to guide the activities of the board.

He also promised that there would be no rivalry between the board and the management.

By Diana Omueza

NCDMB seeks Africa-wide local content framework to leverage collective strengths for mutual prosperity

Michael Simire
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NCDMB seeks Africa-wide local content framework to leverage collective strengths for mutual prosperity

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe, on Tuesday, February 25, 2025, in Abuja charged oil and gas industry stakeholders in Africa to institute an Africa-wide local content framework that harmonises policies and fosters cross-border partnerships.

Felix Omatsola Ogbe
Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe, delivering a Keynote Address at the Nigerian International Energy Summit (NIES 2025) in Abuja

He said such a framework would allow African nations to leverage collective strengths for mutual prosperity, while emphasising that “local content is not just a policy – it is a strategy for sustainable economic growth.” In his words, it is “the foundation of economic transformation and energy security across Africa.”

In a Keynote Address entitled “Unlocking Africa’s Potential through Local Content: Policies, Partnerships, and Progress” delivered at the Nigerian International Energy Summit (NIES 2025), the NCDMB boss said, “The African Continental Free Trade Area (AfCFTA) presents an opportunity to position local content as a driver of continental industrialisation.” 

He drew attention to the critical role of policies, partnerships, and progress in unlocking Africa’s vast energy potential, noting that, “Across our continent, we are blessed with abundant natural resources, yet the true measure of wealth lies not in extraction but how we harness, retain, and multiply value within our economies.”

According to him, “Unlocking Africa’s potential through local content requires unwavering commitment to capacity building, policy refinement, and strategic partnerships,” just as the energy transition across the world and the dynamic global market dictate that African nations remain resolute in their efforts to maximise local value addition.

He assured stakeholders that “NCDMB remains committed to working with our African counterparts to share best practices, co-develop industrial hubs, and create synergies that benefit the wider energy landscape.”

Commenting on new investments, the Executive Secretary commended President Bola Ahmed Tinubu for signing the Executive Orders, which made Nigeria Africa’s top destination for oil and gas sector investments.

He noted that the Executive Order reduced the contracting cycle for oil and gas projects from 36 months to six months. “This directive sped up project approvals and removed bureaucratic delays. It has also boosted investor confidence and accelerated project execution.”

The NCDMB boss added that the Executive Orders led to four Final Investment Decisions (FID) within a year.

Throwing light on Nigeria’s experience in local content development, Ogbe said, “By maximising local participation in the oil and gas value chain, we have created jobs and enhanced economic development,” adding, “We have demonstrated how capacity building, policy refinement, and joint partnerships can create a thriving, self-sustaining oil and gas ecosystem.”

The NCDMB, which he described as “Nigeria’s pre-eminent local content regulator,” has thus far prioritised development of indigenous skills, asset and equipment ownership, and local manufacturing capabilities. To support the above-mentioned priorities, the Board has in place a number of initiatives, such as the Nigerian Content Intervention Fund (NCIF) to provide affordable financing to support indigenous businesses in acquiring assets, expanding opertions, and delivering world-class services, he added.

The NCDMB boss also highlighted the Board’s Human Capacity Development (HCD) programmes, which continue to train thousands of Nigerians in specialised skills that align with industry needs, and the Project 100 Initiative, which targets capacity development for indigenous service companies some of which have become big-time industry players operating across international boundaries.

The Board, according to Ogbe, is developing Nigerian oil and gas industrial parks across seven locations in the country to provide infrastructure for the manufacturing of equipment, components, and spare parts to serve local and regional markets. Major construction work at the sites is expected to be completed at the end of the year, and interested investors in manufacturing are called upon to contact the Board for allocation of plots for development in the parks.

Among policy instruments and other initiatives of the NCDMB highlighted were the Nigerian Content Equipment Certificate (NCEC), which seeks to drive the growth of in-country value addition in the oil and gas industry through ownership of equipment and facilities, and the Marine Vessel Categorisation Implementation Strategy, which has yielded appreciable results with marine vessel ownership by indigenous companies growing from less than eight per cent in 2010 to more than 60 per cent presently.    

Govt renews commitment to transforming energy access, unveils 990kw mini-grid to power Niger community

Michael Simire
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Govt renews commitment to transforming energy access, unveils 990kw mini-grid to power Niger community

The Federal Government has renewed its commitment to ensuring that Nigerians, especially those in rural areas, are provided with electricity for a more meaningful life.

Adebayo Adelabu
Minister of Power, Mr Adebayo Adelabu

Minister of Power, Chief Adebayo Adelabu, made this known on Wednesday, February 26, 2025, at the commissioning of a 990kwp solar hybrid mini grid that would benefit about 3,900 households at Lambata community in Gurara Local Government Area of Niger State.

According to him, it is the determination of President Bola Ahmed Tinubu to ensure that all Nigeria’s rural areas are illuminated with electricity either by the grid or renewable power option.

He said that President Tinubu’s commitment towards energising the country is demonstrated with his participation in the World Bank and African Development Bank (AfDB)’s Energy Summit to make electricity available to 300 million Africans by the year 2030.

“This commitment resonates strongly with the discussions at the recent Africa Energy Summit in Tanzania, specifically during the M3OO initiative. In Tanzania, we committed to drive transformative change in the energy sector across the continent.

“Nigeria, under the visionary leadership of President Bola Ahmed Tinubu, is leading by example. Our participation in the M3OO and the presentation of Nigeria’s Energy Compact highlighted our dedication to scaling up renewable energy solutions and ensuring energy security.

President Tinubu’s administration recognises that energy is the bedrock of economic growth and social progress. His leadership has emphasised the need for strategic investments in sustainable energy infrastructure, particularly in underserved rural communities,” Adelabu said.

He expressed the gratitude of the Federal Government to the government of Germany and the European Union (EU), and the GIZ, for their, cooperation, collaboration and partnerships in making the project a reality.

“Furthermore, this project underscores the importance of international cooperation and knowledge exchange with the government of Nigeria and its development partners. The Ministry of Power and its agencies remain committed to working with EU, the German Government and other development partners to further advance progressive strides in the sector,” Adelabu stated, even as he promised the development partners that, henceforth, funded projects under his watch would be effectively monitored and fully delivered without questions.

“I have a word of encouragement for you here today, particularly all our stakeholders here. I assure all our development partners, especially, the EU, the German Government and the GIZ that we are initiating and institutionalising a framework to ensure effective monitoring and evaluation of all funded projects to ensure that the desired outcomes are achieved and devoted resources are effectively utilised. I want to assure GIZ that whatever has been our experience in terms of hiccups and obstacles at executing our funded projects have been a thing of the past. I can assure you that under my administration, it will never happen again. It is a new dawn, I can assure you of that,” he said.

He also admonished the development partners not to relent in their efforts towards the infrastructural development of Nigeria as the country has become the focus of the entire world in its development.

“It is a common saying that if you move fast, you move alone. But if you want to move very far, you move together. I want to thank the EU, the German Government and GIZ that together, we are going to move very far. The name of the game today is collaboration, partnership, and cooperation. The world today has become a global village, and all eyes are now on Nigeria on its development, and we must continue to move and work together,” he said.

He expressed his joy and happiness over the new project

“It gives me immense pleasure to stand before you today as we gather to mark the commissioning of a 990kWp interconnected mini-grid here in Lamabata, Gurara LGA, Niger State through the support of the German Government and the European Union to the Federal Republic of Nigeria.

“Today marks a significant milestone in our journey towards achieving universal energy access in Nigeria and a testament to our unwavering commitment to the Interconnected Mini-Grid Acceleration Scheme (IMAS) implemented by the Rural Electrification Agency (REA) under the leadership of the Federal Ministry of Power. This project is not just about installing solar panels and connecting wires; it’s about illuminating lives, powering businesses, and fostering sustainable development in this vibrant community.

“The ripple effects of this mini-grid will be profound. It will enhance agricultural productivity, support local enterprises, improve educational outcomes, and bolster healthcare services. By providing reliable and clean energy, we are laying the foundation for a brighter future for the people of Lamabata.

“President Tinubu’s administration recognises that energy is the bedrock of economic growth and social progress. His leadership has emphasized the need for strategic investments in sustainable energy infrastructure, particularly in underserved rural communities. This mini-grid in Lamabata is a direct outcome of this vision. It exemplifies our commitment to decentralizing energy generation and promoting the use of renewable resources.

“The successful implementation of this project is a testament to the collaborative efforts of all stakeholders, including, the management and staff of REA, the community leaders, project developers, and government agencies. I commend the dedication and hard work that have brought us to this momentous occasion,” Adelabu said.

He disclosed that, more than before, Nigeria today has a vibrant power sector, which is being used to drive other sectors of the economy.

“President Tinubu is using the power sector to drive the other sectors of the economy be it education, and all other sectors, because there is practically nothing we can do without power.”

He called on the REA to replicate what it did in Lambata all over the country.

“Let us replicate the feat we have achieved here in all our rural communities. Every rural community deserves this. The opportunity is huge, and all eyes are on us as a nation. There is nothing we need that God has not provided for us in Nigeria to make a breakthrough in the area of Power. We have good sunshine, we have the coastal wind, we have the desert wind. The Lagos-Calabar highway will open up so many opportunities in these areas and so will the Badagry-Sokoto highway will open up our dams for use by the communities around these highways. These are good opportunities for us to utilise these God given natural resources to develop our country,” the Minister said.

He also commended the Niger State Government for being host to about 95 percent of the nation’s hydro power plants.

“Niger State is what I call the power state. They are host to 95 percent of our hydro power plants. These include Jebba, Kainji, Shiroro and the new Zungeru power plant,” he said.

He added: “As we benefit from the power of this mini grid, let us remember that this is another step in our ongoing journey. We will continue to work tirelessly to expand energy access to every corner of Nigeria, ensuring that no community is left behind.

He also charged the Lambata community to protect the project against vandals by keeping an eagle eye on it and also keep their little financial commitment in keeping it running.

“In conclusion, I want to reiterate President Tinubu’s unwavering commitment to transforming Nigeria’s energy landscape. We are building a nation where every citizen has access to clean, affordable, and reliable energy. This mini-grid in Lamabata is a shining example of what we can achieve when we work together.”

Among those who witnessed the commissioning were the Deputy Ambassador of Germany to Nigeria, Mr. Johannes Lennes; the Head of Cooperation of the European Union Delegation to Nigeria and ECOWAS, Mr. Massive De Lucg; the Managing Director of the REA, Abba Aliyu; and a host of Niger State Government officials.

Obasanjo, Osinbajo, six former African leaders sign Cape Town Declaration, seek debt relief

Michael Simire
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Obasanjo, Osinbajo, six former African leaders sign Cape Town Declaration, seek debt relief

Eight former African Heads of State and Government, including Nigeria’s Olusegun Obasanjo and Yemi Osinbajo, have signed the Cape Town Declaration, calling for the critical need for debt relief for highly indebted nations and advocating for lower borrowing costs for all developing countries.

Olusegun Obasanjo
Olusegun Obasanjo, former President of the Federal Republic of Nigeria, and Chair, African Leaders Initiative on Debt Relief

The Declaration was signed on Thursday, February 27, 2025, at the launch of the African Leaders Debt Relief Initiative (ALDRI), which reflects the leaders’ commitment to rallying for a comprehensive debt relief strategy for countries in dire financial situations.

The launch of the initiative took place on the sidelines of the first G20 Finance Ministers’ meeting in Cape Town, where the South African G20 Presidency has made debt sustainability a central focus. The Declaration also aligns with the African Union’s Agenda 2063, underscoring the continent’s long-term development aspirations.

The African Leaders Initiative on Debt Relief is led by a distinguished group of former African leaders, including: 

  • Olusegun Obasanjo, Former President of the Federal Republic of Nigeria (Chair)
  • Joyce Banda, Former President of the Republic of Malawi
  • Jakaya Mrisho Kikwete, Former President of the United Republic of Tanzania
  • Dr. Ameenah Gurib-Fakim, Former President of the Republic of Mauritius
  • Macky Sall, Former President of the Republic of Senegal
  • Nana Addo Dankwa Akufo-Addo, Former President of the Republic of Ghana
  • Hailemariam Desalegn, Former Prime Minister of the Republic of Ethiopia
  • Yemi Osinbajo, Former Vice President of the Federal Republic of Nigeria

The signatories called for intensified international cooperation to address the debt crisis and emphasized the urgent need to reform the global financial architecture to better support developing countries. 

“Africa is facing unsustainable debt burdens. It is crucial that we come together to find a solution to this crisis. Africa’s future is intertwined with the world’s future, and we must work to resolve the debt crisis in order to drive sustainable economic development across the continent. South Africa’s commitment to prioritizing debt relief and collaborate with nations to address the root causes of high-cost debt is a welcome one,” said Olusegun Obasanjo, former President of the Federal Republic of Nigeria.

The Debt Crisis and the Need for Action

In 2023, low- and middle-income countries collectively spent $1.4 trillion servicing foreign debt, with interest payments reaching a staggering $406 billion. Africa, in particular, is facing disproportionately high borrowing rates, making it harder to invest in the continent’s growth and development.

As the G20 Summit in 2025 draws nearer, the Cape Town Declaration offers a timely opportunity to focus attention on Africa’s debt crisis and the broader challenges faced by developing nations, including health, education, food and energy insecurity and the environment.

The African Leaders Debt Relief Initiative continues to advocate for policies that promote economic resilience and sustainable growth across the African continent. The signatories are committed to working collaboratively with international stakeholders to implement these crucial reforms, ultimately driving forward Africa’s development agenda.

“African countries are burdened with disproportionately high borrowing rates and debt costs, often requiring repayment within a short timeframe. A comprehensive solution to the debt crisis must be a priority for all. The resolution of this global issue benefits everyone, everywhere,” said Macky Sall, former President of the Republic of Senegal.

“Countries on the frontlines of the development crisis are the same ones grappling with record levels of debt. By 2030, these nations will need to invest up to $6.4 trillion annually to achieve sustainable development. However, this goal remains unaffordable given their overwhelming debt servicing obligations,” said Joyce Banda, former President of the Republic of Malawi.

“The debt crisis has been worsened by rising interest rates and a stronger dollar, making it increasingly difficult for African countries to manage dollar-denominated debt. A global solution to this crisis is not only vital for our economies but will also benefit everyone around the world,” said Jakaya Mrisho Kikwete, former President of the United Republic of Tanzania.

“Ghana’s situation underscores the need for debt relief that is both fair and needs-based. Countries in debt distress must receive the necessary support to invest in sustainable solutions for their people,” said Nana Addo Dankwa Akufo-Addo, former President of the Republic of Ghana.

“The Global South has suffered under crippling debt for far too long. This moment, and the years ahead, must mark a turning point. We must unite to find a global solution to this global crisis. Leadership from the Global South is essential in advocating for a comprehensive debt relief mechanism. Small Island Developing States (SIDS), like Mauritius, are particularly vulnerable to the climate crisis. Many of these nations are drowning in debt as they are forced to address the devastating impacts of climate change and rising sea levels,” said Dr. Ameenah Gurib-Fakim, former President of the Republic of Mauritius.

“Multilateral cooperation between countries, multilateral banks, the private sector, and other stakeholders is essential for reforming the global debt system. Africa must have a voice in shaping these reforms. We fully support the G20 presidency and the African Union’s efforts to find solutions to the debt crisis,” said Hailemariam Desalegn, former Prime Minister of the Republic of Ethiopia.

“More than half of African countries now allocate more funds to interest payments than to healthcare, leaving them with little fiscal capacity to invest in sustainable development. Immediate action is critical, and a breakthrough must be reached as the G20 meets this year. South Africa’s presidency of the G20 offers a vital opportunity to forge a strong, unified stance on debt relief,” said Yemi Osinbajo, former Vice President of the Federal Republic of Nigeria.

Eterna Plc boss, Olumide Adeosun, highlights future opportunities in Nigeria’s downstream energy sector

Michael Simire
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Eterna Plc boss, Olumide Adeosun, highlights future opportunities in Nigeria’s downstream energy sector

At the ongoing Nigeria International Energy Summit (NIES) 2025 in Abuja, Olumide Adeosun, Managing Director and Chief Executive Officer of Eterna PLC, participated in the panel session on the downstream sector, shedding light on the evolving investment landscape and the future of energy in Nigeria.

Olumide Adeosun

Adeosun emphasised that safety and regulatory stability are fundamental pillars for attracting investment in the downstream sector.

“If an investor believes that the rule of law does not apply, or that safety principles are compromised in a jurisdiction, they will be hesitant to invest,” he stated, underlining the need for a structured and secure environment for energy investments.

Reflecting on the sector’s evolution, Adeosun noted that modular refining and large-scale refining projects have traditionally been perceived as the most significant investment opportunities in the downstream industry.

However, he pointed out that the dynamics of energy consumption and mobility are shifting, necessitating a forward-thinking approach to investment.

Addressing the future of transportation energy, Adeosun highlighted the rise of Compressed Natural Gas (CNG) as a viable alternative fuel, particularly for commercial transportation.

He acknowledged the growing role of batteries and renewable energy, stating that young Nigerians are increasingly considering electric and alternative-fuel vehicles.

However, he noted that large-scale electric vehicle (EV) adoption remains constrained by power infrastructure challenges.

Adeosun further pointed out the potential for investment in battery technology and solar-powered charging systems, referencing the increasing prevalence of solar-powered devices and storage solutions.

He provided a compelling insight into Nigeria’s two-wheeler and three-wheeler market, which currently consumes a significant portion of the country’s petrol supply – estimated at 25 million liters per day.

Given that commercial motorcycles and tricycles account for a large share of fuel consumption, he identified an opportunity to transition these vehicles to battery-powered alternatives, reducing reliance on petrol and enhancing energy efficiency.

“There is a major investment opportunity in the electrification of commercial transport, particularly for those who have already invested in the necessary infrastructure,” Adeosun stated. “It is a chance for industry players to leverage existing assets and distribution networks to drive this transition.”

In conclusion, the Eterna PLC CEO reaffirmed the company’s commitment to innovation and sustainability, calling for strategic investments in alternative energy sources and infrastructure to ensure a resilient and competitive downstream sector in Nigeria.

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