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GCF Board’s $1bn for climate projects signals increased finance ahead of COP29

Michael Simire
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GCF Board’s $1bn for climate projects signals increased finance ahead of COP29

The Green Climate Fund (GCF) Board has approved a slate of innovative climate projects allocating more than $1.0 billion of GCF investment and bringing GCF’s portfolio of investments to a total of $16 billion, $61.5 billion, including expected co-financing, across 286 projects.

Mafalda Duarte
GCF Executive Director, Mafalda Duarte

The 40th Board meeting of the world’s largest multilateral climate fund concluded this week by approving 16 projects across 37 developing countries. In 2024, GCF committed $2.5 billion to 44 new projects, bringing the total number of countries with projects to 133.

GCF is mandated to support the needs of under-served countries and communities that are most vulnerable to the adverse effects of climate change. This week, first-time country projects were approved in Angola to empower women groups to build climate resilience; in Iraq and Somalia to build resilience in agricultural livelihoods; and in Azerbaijan to strengthen early warning systems. Recognising that such countries already operate in constrained fiscal space, GCF financing for these projects is grant-based, as is the case for forty-two per cent of GCF’s total portfolio.

The climate finance ecosystem is calling for more innovative financial mechanisms, and GCF is committed to playing a lead role. This week, the Board approved a groundbreaking “debt for climate conversion” project in Barbados, which will create fiscal space and generate savings over time, allowing the country to invest in climate-resilient infrastructure.

The Inter-American Development Bank and the European Investment Bank joined this landmark transaction by providing guarantees. Four of the 16 approved projects illustrate GCF’s ability to leverage private sector investment. In Pakistan, GCF is working with a national entity, the National Rural Support Programme (NRSP), to support local homegrown climate solutions by harnessing Pakistan’s dynamic and growing start-up ecosystem.

GCF will fund a venture accelerator and will also make a first-loss equity commitment as an anchor investor into the Climaventures Fund. GCF is a pioneer public fund in using equity financing, with 12 per cent of the portfolio – $1.8 billion – supporting catalytic and impact investments. This leverages an additional $10 billion, a ratio of 1:5.5, with 28 per cent of its equity investments directed toward Least Developed Countries (LDC).

As part of GCF’s push to streamline access and facilitate wider partnerships, the Board, for the first time, approved a proposal under the pilot initiative Project-Specific Assessment Approach (PSAA). The pilot provides a one-step route to funding by assessing an entity’s capacity to meet GCF accreditation standards simultaneously with the project review. The project with One Acre Fund in Burundi will increase smallholder farmers’ food security in the face of increased climate vulnerability.

As an indication of GCF’s commitment to quickly deliver climate finance, the projects in Burundi and Somalia moved from Board approval to project signing to first disbursement in one day.

The Board adopted several policy decisions, including a landmark policy integrating REDD+ results-based payments into the Fund’s regular project activity cycle and a revised risk appetite statement reaffirming GCF’s commitment to proactive risk management and to accept considerable risks in its programmes and projects in return for high climate impact potential.

The Board also agreed to revise the accreditation framework for partners to simplify access to GCF funding. This will pave the way to improve GCF’s partnership model, broaden the Fund’s already huge network of partners, and speed up access to finance for developing countries.

The Board meeting approved the first-ever multi-year Secretariat work programme and budget, and made other decisions designed to enhance the efficiency of GCF’s operations.

Board Co-chair, Milagros De Camps German from the Dominican Republic, said: “This has been a productive Board meeting with the approval of a highly diverse portfolio of projects. We are particularly pleased to approve the first project under the pilot Project-Specific Assessment Approach in support of Burundian smallholder farmers as GCF seeks to expand the scope and reach of its partnerships and in the decision to mainstream support for REDD+ within our project cycle. We remain confident that the initiatives to strengthen GCF’s efficiency and effectiveness will deliver greater climate impact on the ground in developing countries.”

Board Co-chair Sarah Metcalf from the United Kingdom said: “The decisions at this Board show our commitment to accelerating climate action for climate-vulnerable nations. This includes the approval of single-country projects in four new countries. GCF continues to mobilise additional capital through innovative partnerships with the private sector. And the updated risk appetite statement reinforces GCF’s ability to invest in new markets and technologies and bring other funders to the table. I am confident that GCF will build even more momentum in 2025. As the Board, we will continue to prioritise the provision of critical financial resources by enhancing the accessibility, speed, and scale of GCF’s climate financing.”

GCF Executive Director, Mafalda Duarte, said: “In this moment of crisis, I am proud to announce that GCF has committed a landmark $2.5 billion of financing for 44 new projects in 2024. This week, the Board has approved $1 billion for 16 projects, broadening our reach including through country projects for the first time in Angola, Azerbaijan, Iraq and Somalia, and delivering innovation with a landmark debt for climate conversion in Barbados and new programmes to leverage private sector investment.”

GCF’s 40th Board Meeting (GCF B.40) was held from October 21 to 24, 2024, in its new board room in Songdo, Incheon, Republic of Korea. Around 300 participants attended, including observers from civil society and private sector organisations, National Designated Authorities (GCF’s country focal points), Accredited Entities, and other partners.

The Board meeting marked the final meeting of the 2024 Co-chairs, Milagros de Camps German and Sarah Metcalf who were thanked for their service. The Board elected Seyni Nafo and Leif Holmberg to be Co-Chairs for 2025.

Eight govts pledge $163m to Global Biodiversity Framework Fund

Michael Simire
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Eight govts pledge $163m to Global Biodiversity Framework Fund

Eight governments pledged an additional $163 million to the Global Biodiversity Framework Fund (GBFF) on Monday, October 28, 2024, providing new targeted support to countries and communities working to conserve, restore, and ensure the long-term health of wild species and ecosystems.

Astrid Schomaker
Astrid Schomaker, Executive Secretary of the Convention on Biological Diversity

During the Convention on Biological Diversity’s sixteenth Conference of the Parties (COP16), representatives from Austria, Denmark, France, Germany, New Zealand, Norway, the United Kingdom, and Québec announced new financing for the fund that supports implementation of the Kunming-Montreal Global Biodiversity Framework.

They were joined by representatives of the GBFF’s other early contributors including Canada, Japan, Luxembourg, and Spain, and from countries that have received support to date from the Global Environment Facility-hosted fund, among them Brazil, Gabon, Mexico, and Fiji, plus representatives of Indigenous Peoples and local communities, major philanthropies, and implementing agency partners such as the World Bank.

“I want to thank the national and subnational donors who stepped forward today to contribute to the Global Biodiversity Framework Fund. We know that the fund is needed now more than ever. We need it to be capitalised to permit resources to flow urgently to the national implementation of the Global Biodiversity Framework,” said Astrid Schomaker, Executive Secretary of the Convention on Biological Diversity. “This is about money and morale. A message of hope and global solidarity.”

“I think this session and the pledges that will come to the GBFF is very important for the next days and the decisions that we will be taking,” said Colombia’s Environment Minister and COP16 President, Susana Muhamad. “We all should consider ourselves partners with a common objective, which is actually in this case being able to implement the Kunming-Montreal Global Biodiversity Framework.”

The GBFF was established at the request of parties to the Convention on Biological Diversity’s COP15 and was launched less than a year later at the Seventh GEF Assembly in August 2023. It has streamlined procedures to provide efficient support for developing countries, and can receive contributions from all sources, including public, private, and philanthropies.

“In less than one year, the GBFF has moved from launch to full-speed operation, with projects already reviewed, approved, and funded, and many more in the pipeline. The growing number of governments contributing to the GBFF is a sign of its momentum,” said GEF CEO and Chairperson, Carlos Manuel Rodríguez.

“Now that the fund is up and running, we have the systems in place to disburse support efficiently and at low cost. We are focused on continued improvements to keep up with the pace of ambition for biodiversity action, while keeping the necessary safeguards to ensure quality and trust for long-term, lasting results for nature,” Rodríguez added.

The funding announced in Cali included the first financing to the GBFF from a sub-national government.

“The Government of Québec is proud to be the first subnational government to contribute to the Global Biodiversity Framework Fund. If we want to ensure the successful implementation of the Kunming-Montréal Global Biodiversity Framework, and make sure to leave no one behind, we need to fully endorse a whole of society and whole of government approach,” said Martine Biron, Minister of International Relations and la Francophonie, Government of Québec.

“Québec is a longstanding contributor in climate cooperation, and we hope that this first substantial financial pledge in biodiversity will inspire other stakeholders to help everyone, especially the most vulnerable countries, to reach our common goal to live in harmony with nature,” added Biron.

In June 2024, the GBFF Council approved the fund’s first work program, with four projects in Brazil, Gabon, and Mexico, and another 18 project preparation grants approved. In total, 24 developing countries, including 13 Least Developed Countries and Small Island Developing States, are currently accessing support from the fund.

GBFF support helps countries strengthen national-level biodiversity management, policy, governance, and resource mobilisation, including blended finance to leverage private sector financing. The fund has a target of having 20 percent of its funding support led by Indigenous Peoples and local communities.

Steven Guilbeault, Minister of Environment and Climate Change, Canada, said: “These new pledges to the Global Biodiversity Fund are necessary to keep up momentum and contribute to close the biodiversity finance gap. It’s great to see partners like the government of Québec supporting these efforts. I urge all countries in a position to do so, as well as the private sector, philanthropic organisations, and other entities, to contribute to and collaborate with the GBFF to ensure the fund’s ongoing success and the full delivery of the Kunming-Montreal Global Biodiversity Framework objectives.”

Magnus Heunicke, Denmark’s Environment Minister, said: “We have a shared global responsibility to protect nature and biodiversity, and urgent joint action is needed if we are to protect and restore the species and habitats that remain. With this support to the Global Biodiversity Framework Fund, we emphasise the Danish commitment to conserve biodiversity globally.”

Agnès Pannier-Runacher, French Minister for Ecological Transition, Energy, Climate and Risk Prevention, said: “France is committed to deliver on international biodiversity finance, which according to the latest data is on a path towards our 2025 joint objective. With this first contribution to the GBFF, we are proud to stand alongside other donors and demonstrate our support for this fund, whose creation and first projects have been approved in record time, with a dedicated funding window for vulnerable countries that we wish to replicate and expand in the context of GEF-9.”

Jochen Flasbarth, Germany’s State Secretary of the Federal Ministry for Economic Cooperation and Development (BMZ), said: “The GBFF is a key tool to scale up biodiversity finance and supports the quick implementation of the Kunming-Montreal Global Biodiversity Framework. The first projects are ready for implementation. The GBFF is delivering and demonstrates its ability to create impact on the ground: for nature and for people. Therefore, Germany will contribute an additional 50 million euro to the GBFF in 2024. However, additional funding from public and private sources is essential to keep up the GBFF’s promising development. That is why Germany is committing additional resources and urges other countries to join this effort!”

Serge Wilmes, Luxembourg’s Minister for the Environment, Climate and Biodiversity, said: “At COP16, we continue our support for the GBFF. As the biggest per capita contributor, Luxembourg exemplifies a robust global commitment to scaling up biodiversity financing. A united effort is crucial for achieving the Kunming-Montreal Global Biodiversity Framework goals. Together, we are building positive momentum and showcasing our dedication to a sustainable future.”

New Zealand Ministry of Foreign Affairs and Trade: “New Zealand is pleased to contribute to the Global Biodiversity Framework Fund to help protect the world’s biodiversity and the services it provides for bolstering resilience to climate change and supporting economic sectors such as agriculture and tourism. New Zealand provided NZ$20 million to the GBFF in June 2024. This support complements New Zealand’s current work in managing invasive species, promoting resilient islands and other projects being delivered in the Pacific.”

Tore O. Sandvik, Norway’s Minister of Climate and Environment, said: “With this pledge to the Global Biodiversity Framework Fund, GBFF, we are broadening our total international nature investment to ramp up targeted support for countries and communities’ own efforts. This is essential as we work to advance a nature-positive economy, with policies and incentives that align with the Kunming-Montreal Global Biodiversity Framework goals and targets.”

COP16: New report reveals plummeting migratory shorebird populations globally

Michael Simire
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COP16: New report reveals plummeting migratory shorebird populations globally

As the UN Biodiversity Conference in Colombia enters its final days of negotiations, new IUCN Red List update reclassifies 16 shorebird species to higher threat categories.

Shorebird
Shorebird

According to the report, some populations of migratory shorebirds have decreased by more than a third.

BirdLife International, with partners spanning 119 countries, has called on governments at CBD COP16 to step up urgent actions for species to reverse declines and stop extinctions.

Indeed, the latest update to the IUCN Red List of Threatened Species™ reveals a highly concerning decline in populations of migratory shorebirds across the globe, with 16 species reclassified to higher threat categories.

Science shows the huge negative impact of declining species populations, with whole ecosystems and food chains being disrupted as a result. As birds migrate beyond borders, the new update highlights a need for more collaboration from governments without delay to reverse the losses of migratory birds.

Martin Harper, CEO, BirdLife International, said: ‘‘COP16 must be the catalyst for governments to back up commitments made two years ago with meaningful action to reverse the catastrophic declines in species populations. This means more action to bolster efforts to recover threatened species, more action to protect and restore more land, freshwater and sea, and more action to transform our food, energy and industrial systems – backed up by the necessary funding. The decline of migratory birds, which connect people across countries and continents, is a powerful symbol of how we are currently failing.’’

Birds are important indicators of the state of nature: they occur almost everywhere, their behaviours and ecology often mirror other groups of species, they are extremely well studied, and they are responsive to environmental change. With one in eight bird species threatened with extinction and 60% of bird species in decline globally, diminishing bird populations signal ecosystems in crisis. Many migratory birds follow specific routes called flyways3, stopping at various sites along the way to rest and feed. This makes them especially at risk from threats like habitat loss and climate change.

Dr Ian Burfield, Global Science Coordinator (Species) & Bird Red List Authority Coordinator, BirdLife International, said: ‘‘While many of these shorebirds remain numerous and are still commonly encountered along their flyways, new analyses of data from long-term monitoring schemes reveal that the global populations of some species have declined by more than a third in recent decades. In some cases, the rate of decline is accelerating – underlining the urgent need for research to diagnose the causes and coordinated conservation action to address them.’’

Shorebirds, often seen darting along beaches or feeding on mudflats, are a familiar sight all over the world. Coastal areas where many of these birds live also support millions of people by providing food, jobs, and storm protection. Protecting shorebirds is essential not just for the birds, but also for the coastal communities that depend on these habitats.

Dr Barend van Gemerden, Global Flyways Coordinator, BirdLife International, said: ‘‘The perilous declines of migratory birds are a sign that the integrity of flyways is deteriorating. Losing the network of habitats that migratory birds depend on to rest and feed during their long journeys could have severe consequences for the millions of people that rely on these sites, as well as the birds.’’

BirdLife International submitted: “We only have five more years of this defining decade. CBD COP16 is the moment to galvanise action to halt and reverse nature loss by 2030. Plummeting migratory bird populations signal that nature is in crisis. When we lose species, our future is compromised. Nature loss can be reversed but extinctions cannot.”

Climate change: Kukah Centre seeks increased govt commitment to renewable energy

Michael Simire
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Climate change: Kukah Centre seeks increased govt commitment to renewable energy

Executive Director, The Kukah Centre (TKC), Rev. Fr. Atta Barkindo, has urged governments at all levels to increase their commitments to renewable energy in the country.

Kukah Centre
Executive Director, The Kukah Centre (TKC), Rev. Fr. Atta Barkindo (left)

This, he said, they should do by prioritising investments, offering incentives, and expanding supportive policies for solar and wind projects.

Barkindo stated this on Monday, October 28, 2024, at a Nigerian Multi-faith National Dialogue on Medium and Long-Term Climate Goal, co-organised by The Kukah Centre, Eco Steward, Al-Habibiyya Islamic Society and GreenFaith Africa.

Barkindo said that, for over 60 years, Nigeria had relied on fossil fuels as the cornerstone of its economy.

He said that the wealth derived from oil had shaped the political landscape, funded infrastructure, and fueled Nigeria’s development.

The executive secretary, however, said that the legacy came at a profound cost as land, once abundant and fertile, now bears the scars of exploitation.

According to him, oil spills have poisoned waters, gas flares have darkened the skies, and communities have been torn apart by environmental degradation and economic disparity.

He said that the impacts of the extractive industry were not limited to the physical environment as the country had witnessed the displacement of communities, deepening inequality, and the erosion of livelihoods.

Barkindo said that dependence on fossil fuels had stunted diversification and innovation, adding that the corrupting power of the fossil fuel industry had been witnessed at different levels.

“We urge the Nigerian government to increase its commitment to renewable energy by prioritising investments, offering incentives, and expanding supportive policies for solar and wind projects.

“With decisive action, Nigeria can lead Africa’s clean energy future and foster a more sustainable, equitable, and resilient economy.

“The climate crisis we face is not just an environmental or economic issue; it is a profound moral issue.

“Fossil fuels have driven the global climate into peril, and Nigeria, despite its contributions to the problem, stands vulnerable to the worst impacts-droughts, floods, heat waves, and food insecurity.

“We are here today to raise a unified voice in demanding a just transition from fossil fuels to renewable energy transition that honours both the dignity of the human person and the integrity of creation,” Barkindo said.

The executive secretary called for a national commitment to renewable energy for all Nigerians, just compensation for affected communities as well as financial and policy support for a green economy.

Barkindo called for an inclusive dialogue and participation of all stakeholders and a global solidarity and climate finance.

Also speaking, the Chief Imam of Al-Habibiyya Islamic Society, Sheikh Fuad Adeyemi, tasked religious leaders to join forces with government by educating their followers on environmental protection.

He said that they had always held a unique position of influence in the Nigerian society as they were regarded as trusted voices, often serving as pillars of strength and guidance in our communities.

According to him, this places a profound responsibility upon them to not only raise awareness but to lead the way in advocating for transition to a clean energy future that leaves no one behind.

“Nigeria, like many nations, faces an urgent need to transition from fossil fuels to renewable and sustainable sources of energy.

“Climate change is already impacting our weather patterns, food security and health.

“Prolonged droughts, heat waves and unpredictable rainfall patterns affect our farmers and threaten food supplies and lead to resource conflicts.

“Those who suffer most are often the poorest among us, whose lives depends closely on the land and its stability,” he said.

Also, Ms. Hafisat Mohammed, a climate change activist, said that Nigeria was faced with climate challenges resulting from oil extraction in the Niger Delta and mining in the northern region.

Mohammed said that the environment was given to man in trust and that all stakeholders should ensure sustained awareness on the negative effects of climate change.

By EricJames Ochigbo

Climate-induced floods: 200 communities in Kogi submerged – CSDevNet

Michael Simire
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Climate-induced floods: 200 communities in Kogi submerged – CSDevNet

The Climate and Sustainable Development Network (CSDevNet) on Monday, October 28, 2024, said that more than 200 communities have been submerged and two million people displaced due to climate-induced floods in Kogi State.

CSDevNet
The Keep Your Promise Campaign focuses on holding global leaders accountable for their climate pledges

The National Network Coordinator, CSDevNet, Mr. Stephen Abu, made the disclosure during an advocacy tagged “Keep Your Promise Campaign” to Lokoja flooded areas.

Abu said that the Keep Your Promise Campaign was an initiative launched by the Pan African Climate Justice Alliance (PACJA) in 2023.

According to him, the campaign focuses on holding global leaders accountable for their climate pledges, particularly as they relate to climate finance and adaptation, ahead of the 29th Session of the Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) in Baku, Azerbaijan.

The COP is an annual international climate conference where world leaders gather to discuss and agree on climate action, strategies, and policies.

“As we approach COP29 in Baku, Azerbaijan, the campaign emphasises the urgency of delivering on climate pledges and advancing climate justice.

“We are raising awareness about the severe impacts of climate change on vulnerable communities in Kogi and across Africa, particularly the disproportionate burden borne by the continent.

“Kogi, situated at the confluence of the Niger and Benue rivers, stands as a tragic testament to the devastating impacts of climate change,” he said.

The CSDevNet coordinator added that the annual floods, exacerbated by rising temperatures, unpredictable rainfall patterns, and deforestation, have wiped out homes, farmlands, and livelihoods, leaving communities in despair.

He stated that the floods were not isolated incidents as they were part of a larger climate crisis that Africa faces due to the actions of high-emitting nations.

“Despite being the least responsible for climate change, Africa suffers its most catastrophic effects.

“The Kogi flooding crisis epitomises the failure of global powers to deliver on their climate finance and justice promises.

“These promises made in forums like the Paris Agreement have not materialised on the scale necessary to protect the most vulnerable, who bear the heaviest burdens.

“The floods in Kogi highlight an urgent need for climate justice. Millions remain displaced, living in makeshift shelters with little to no access to clean water, sanitation, or healthcare.

“For Kogi and many other African regions, climate justice is not an abstract concept; it is a matter of survival,” he stressed.

KogiState Commissioner for Environment and Ecological Management, Mr. Olusegun Joseph, commended the CSDevNet and PACJA for the initiative.

Joseph, however, called for improved support for the state in tackling its flood issues.

The commissioner said that the state government, under the leadership of Gov. Ahmed Ododo, had been doing its best to mitigate the flood effects by providing IDP camps and relief materials to flood victims.

He, however, said that the state government cannot do it alone and called on the Federal Government, corporate and international organisations to support the state, emphasising that the state was already overwhelmed.

Similarly, Prof. Dauda Tanko, Founder, Green Haven Environment and Sustainable Development Network, stressed the need for people to hold global leaders accountable for the devastating effects of climate change.

“We expect the people to be aware that global leaders are responsible for mitigating and reducing the impact of climate change so that they can take action,” he said.

CSDevNet and other stakeholders held a “Walk for climate justice” to flood areas in Lokoja, carrying placards displaying key messages and calling for global leaders to keep their promises on climate action and finance.

The various inscriptions on the placards include “Honour Your Commitment,” “Scale Up Adaptation Financing,” and “Pay For Your Climate Debts.”

Others were “Keep Your Promises,” “Stop Shifting Burden To Africa”, and “Carbon Markets Are False Solutions, Stop!” among others.

By Stephen Adeleye

Govt will restore electricity to north within five days – Adelabu

Michael Simire
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Govt will restore electricity to north within five days – Adelabu

Minister of Power, Mr. Adebayo Adelabu, on Monday, October 28, 2024, said electricity would be restored to the 17 northern states that had suffered blackout due vandalisation of the Shiroro-Kaduna transmission line.

Adebayo Adelabu
Minister of Power, Chief Adebayo Adelabu

Adelabu said this while briefing State House correspondents after a meeting with President Bola Tinubu in Abuja.

He said the disruption of electricity supply to the northern part of the country was due to vandalisation of Shiroro-Kaduna transmission line, the major line that supplied electricity to the north.

He, however, said the transmission line would be repaired within three to five days.

“Mr. President has instructed the National Security Adviser (NSA), the chief of defense staff, the chief of Army staff, Chief of Air Staff, to provide the required security for the people that will fix the demolished line.

“With the provision of full security, the TCN staff will have the confidence, together with the contractors, to go to the field and fix it.

“So, I’m just appealing to our northern brothers and sisters, fathers and mothers, to bear with us that very soon, light will be restored, and we must all collectively protect our national grid to avoid further vandalisation,” said the minister.

He added that the Federal Executive Council (FEC) had earlier given approval for the ministry of power to upgrade the Shiroro-Kaduna transmission line, one of the oldest transmission lines in Nigeria.

He said once the upgrade was done, the north would enjoy more stable electricity than what was being experienced now.

He promised to convene a meeting with the chairman of the Nigerian Electricity Regulatory Commission (NERC), and all the Distribution Companies (DISCOs) to ensure that customers in the north were not billed during the period they suffered blackout.

Adelabu explained that the national grid collapsed twice in recent times due to explosion of the transformer at Jeba plant.

He said before the explosion, the last disturbance on the grid was about four months ago.

“Let me tell you the truth of the matter is we have old infrastructure. We have a national grid that is more than 50 years old.

“We have national grid whose transmission lines are weak, the towers are falling, and the substations, the transformers are old.

“In fact, the transformer that actually exploded in Jeba was 47 years old. We’ve been trying to revamp this, to change them, but they cannot all be changed overnight,” he said.

He said the ministry would continue to manage the grid to prevent frequent disturbances, until it was completely overhauled.

By Salif Atojoko

Ageing infrastructure, poor maintenance, sabotage attributed for incessant collapse of grid – Survey

Michael Simire
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0
Ageing infrastructure, poor maintenance, sabotage attributed for incessant collapse of grid – Survey

Experts and electricity consumers have attributed the incessant collapse of the national grid to ageing infrastructure, poor maintenance culture, corruption, acts of vandalism and possibly sabotage.

power grid
A power grid

The respondents, in a survey conducted Osun, Ondo and Ekiti states, said that the collapse of the national grid a total of 105 times within 10 years and three times in October 2024 was horrifying.

They implored the federal government to privatise power generation and transmission as well as allow states’ involvement in the power sector.

Mr. Sadiq Adewale, a former Southwest Vice -President of the National Union of Electricity Employee (NUEE), attributed the incessant collapse of the national grid to either acts of vandalism by hoodlum or deliberate sabotage.

Adewale explained that when there was more demand to what was supplied or vice -versa, such could also result to grid collapsed, if not properly checked or handled.

He said that necessary mechanisms have been put in place by the authorities to ascertain the reason(s) for the incessant grid collapse.

“We are monitoring the situation to ascertain the cause of the persistent national grid collapse whether it is an act of sabotage or not.

Adewale also said that all hands were on desk to prevent the recurring incidence of the collapse.

Also, Mrs. Kikelomo Owoeye, the Senior Communication Officer of Ibadan Electricity Distribution Company (IBEDC), Osun Region, said that only the National Control Center (NCC) could adduce reasons for the collapse of the national grid.

Owoeye said that the electricity distribution companies do not have control over the national grid, but only distribute what was transmitted to them.

She expressed optimism that all hands were on deck to ensure that the situation was addressed for effective operations and service delivery.

However, Dr Enoruwa Obayiuwana, a lecturer at Department of Electrical/Electronic Engineering, Obafemi Awolowo University (OAU), Ile-Ife, urged the federal government to hand over power generation to private organisations to stop the persistent collapse of the national grid.

Obayiuwana, who noted that most of the power generating equipment were very old and ageing, said that what the equipment needed was preventive maintenance and not maintenance after grid failure.

According to him, there is a problem of poor investment in power generation and federal government has not really invested in building new power stations over the years.

“Nigeria’s population is growing with more commercial activities, whereas there is low investment in power generation for sufficient power to match demands.

“And when there is disruption or imbalance in power generated and power demanded, there is going to be heavy burden on the transmissions and heavy collapse.

“There is going to be grid instability which can lead to frequent voltage imbalance through power demand mismanagement or when having faulty equipment.

“Sabotage through cutting of electrical and high-tension cables, stealing transformer equipment or devices is another possible reason”, he said.

Obayiuwana, however, called for independent power generation by state government to reduce the pressure on the federal government.

Meanwhile, Gov. Ademola Adeleke of Osun says the state is working towards generating its own electricity and will also distribute it to neighbouring states when achieved.

Adeleke said this recently in Ilesa, at the inauguration of the construction of the Obokun 33KV feeder line, a project expected to enhance electricity supply in the state.

The governor said that the state had a robust plan to transform its energy and electricity market through appropriate policy and legislation.

Adeleke said that the state had a draft electricity bill and policy which would expand power generation and distribution.

“As a government committed to the welfare of the people, it is our focus to bring economic light to the people of the state.

“The policy and the bill when finally passed and signed into law will change the face of Osun electricity space.

“Being so blessed with many rivers and solar assets, we will generate our electricity.

“We will issue licences to those capable of generating electricity and we will regulate our power distributor, the Ibadan disco.

“We are acting fast in the energy space because power supply is an engine room of economic growth,” he said.

Electricity consumers and business owners in the state, however, said that the persistent collapse was having negative impact on their businesses and daily living.

Mrs Kehinde Ayinde, a frozen food seller, said that she relied heavily on electricity for her business.

She said that whenever there was power outage for more than 12 hours, her frozen business always suffers for it.

“The last power outage as a result of national grid collapse cost me over N250,000.

“This is because all my frozen food got spoilt and I am yet to recover from it,” Ayinde said

She appealed to government to do everything possible to put a stop to the incessant collapse of the national grid.

Similarly, business owners and electricity consumers in Ekiti have deplored the incessant collapse of the national grid.

Respondents implored the Federal Government to find lasting solutions to the problem.

Also, Mrs. Lola Ojo said that the federal and state governments should not only invest in upgrading existing facilities for power generation, but also invest in renewable energy sources.

Mrs. Olufolake Dada, said it appeared some saboteurs were at work, trying to destroy every genuine intention of government, saying action should be taken against anyone, found wanting.

An electrical and electronic technician, Mr. Oluwaseun Olubunmi, urged the Federal government to diversify to solar energy to improve electricity supply in Nigeria.

Olubunmi, an electrical consultant, said problems of overload, outdated infrastructure and vandalism often caused grid instability, and blackout.

The electrical expert explained that components of a power grid can trip anytime and shut off when a load is high.

Olubunmi noted that if alternative power generating sources are not developed by the federal government, Nigerians would continue to experience poor electricity supply.

He listed problems associated with grid collapse, to inadequacy of gas supply, improper coordination of plants and gas pipelines and poor generation capacity.

Meanwhile, the Ekiti State Government says it has incorporated a power company, named “Ile Iyi Electric Power Company Nigeria Limited”, with the Corporate Affairs Commission, to effectively provide and handle services relating to electricity and energy in the state.

The Commissioner for Infrastructure and Public Utility, Prof. Bolaji Aluko, said the newly registered company would operate as an independent private body, devoid of bureaucratic bottlenecks, and other challenges, usually associated with the old order.

He said that the company, would among others, render services for provision of electricity to the public and private sectors as well as render such other services commercially to individuals, and possibly, governments of other states.

According to him, the state government in a bid to ensure stable electricity supply in parts of Ekiti, inaugurated a 5MW Independent Power Project, (IPP).

“The IPP is at present providing uninterrupted power supply to government offices and some other key government installations in the state capital,” Aluko said.

He said that the independent power station, represents a significant step toward addressing electricity supply challenges in the state.

He confirmed that the project had undergone a successful two-week test period, during which 700kw of power was distributed out of the total 3.5 megawatts capacity.

A resident, Mr. Abimbola Oladeji advised the Federal Government to partner with the states to evolve effective strategies that would involve engaging local stakeholders in addressing issues like outdated infrastructure and lack of maintenance of energy assets.

Also, the Ondo State Government says it has officially taken over the energy sector after meeting all conditions set by the Nigerian Electricity Regulatory Commission (NERC).

The Special Adviser to Ondo State Governor on Energy, Engr. (Dr.) Johnson Alabi, stated this in an interview in Akure, while revealing efforts of the state government to be energy sufficient.

He said the state government plans to venture into power generation, transmission and distribution.

Alabi said the transfer of electricity oversight from the Nigerian Electricity Regulatory Commission (NERC) to the State Electricity Regulatory Bureau (SERB) was a milestone to state’s power sector.

“This transfer will allow the state to manage its electricity sector more effectively, tailoring policies to the specific needs of its people,” he said.

Bayelsa confirms receipt of N3bn flood prevention fund from govt

Michael Simire
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Bayelsa confirms receipt of N3bn flood prevention fund from govt

The Bayelsa State Government has confirmed it received N3 billion flood prevention fund disbursed in August by the Federal Government to flood prone states.

Douye Diri
Governor Douye Diri of Bayelsa State

Mr. Timiore Seipolou, Technical Adviser to Bayelsa Governor on Treasury and Accounts, disclosed this on Monday, October 28, 2024, in Yenagoa, the Bayelsa State capital, while giving a breakdown of revenue profile of the state for August and September.

Bayelsa is listed among the 21 states at risk of flooding by the National Emergency Management Agency’s 2024 Flood Alert.

Highlights of the revenue figures showed that in August, Bayelsa earned more from exchange rate differential– the gains accruing due to sliding value or the naira in dollar denominated oil proceeds–than actual proceeds from oil.

While Bayelsa’s oil derivation revenue was N 8.69 billion, 31 per cent; the state got N22.99 billion from exchange rate gains representing 46 per cent of the state’s revenue for August.

According to Seipolou, statutory revenue from the Federation Accounts for the month under review stands at N 792.89 million

He said the proceeds from Value Added Tax (VAT) 26 per cent of the revenue streams stood at N5.72 billion.

The technical adviser said that Bayelsa earned N2.46 billion from internal sources, while the gross revenue from the Federation Accounts Allocation Committee (FAAC) for August was N 28.36 billion.

The figures indicate that the state spent a total of N6.56 billion for debt service obligations to commercial banks.

He explained that cumulative revenue including proceeds from signature bonuses, revenue from sundry income from oil production came to N90.89 billion for the month under review.

For the month of September, Seipolou noted that statutory revenue for Bayelsa was N847.67 million.

The state also raked in N10.75 billion, 36 per cent of revenue from exchange rate gains, while oil derivation revenue of N9.08 billion representing 30 per cent of total revenue that came to the coffers of the state.

He said that proceeds from VAT were N5.58 billion, 19 per cent of total revenue, while Internally Generated Revenue for September stood at N2.58 billion.

By Nathan Nwakamma

NMDPRA pledges to drive CNG sector growth, safety

Michael Simire
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NMDPRA pledges to drive CNG sector growth, safety

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reaffirmed its commitment in ensuring a safe and compliant Compressed Natural Gas (CNG) sector.

Africa Downstream Energy Week
The opening/keynote session chaired by the Chairman, Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Mrs Winifred Akpani (middle); Chairman, Major Energy Marketers Association of Nigeria (MEMAN), Mr Huub Stokman (right); and CEO, National Petroleum Authority, Ghana, Dr Mustapha Abdul-Hamid (left)

Mr. Ahmed Farouk, the Authority Chief Executive of NMDPRA disclosed this on Monday, October 28, 2024, during his keynote address at the ongoing Oil Trading & Logistics (OTL) 18th Africa Downstream Energy Week in Lagos.

The theme of the 2024 conference is “Alliances for Growth”.

Farouk said that the NMDPRA’s collaboration with industry stakeholders was to establish a robust regulatory framework for CNG.

“The CNG is still in its infancy in Nigeria. NMDPRA aims to streamline regulations and improve safety measures to promote market maturity and industrial growth.

“Our commitment to supporting the government’s objectives under the Petroleum Industry Act (PIA) remains unwavering.

“We are focused on delivering on our mandates while fostering collaborations to achieve shared aspirations within the industry,” he said.

Farouk said that the authority plans to revise and consolidate existing regulations through strategic engagements with stakeholders.

According to him, the initiative seeks to simplify compliance processes and ensure that safety standards are upheld throughout the CNG sector.

“In line with its efforts, the NMDPRA aims to promote CNG as a viable alternative fuel for vehicles, aligning with ongoing initiatives such as the Decade of Gas Program and the Pi-CNG programme,” Farouk added.

The NMDPRA boss noted that expanding CNG infrastructure remained crucial for enhancing energy security and supporting Nigeria’s transition to cleaner energy solutions.

He reaffirmed NMDPRA’s dedication to establishing strong partnerships within the industry and with regulatory bodies across West Africa.

Farouk highlighted the agency’s goal of creating a uniform gas transportation code to facilitate the movement of natural gas and enhance regional collaboration.

“The OTL conference serves as a vital platform for discussing strategies that lead to sustainable energy practices.

“The insights and outcomes from this summit will contribute significantly to the overall development of the industry,” he noted.

Also addressing the conference, Mr. Huub Stokman, Chairman of the Major Energy Markets Association of Nigeria (MEMAN), underscored the importance of cost efficiency in a fully deregulated downstream oil market.

He stressed the need for partnerships with organisations like the Nigerian Association of Road Transport Owners (NARTO) to address logistical challenges, such as road accidents involving tankers.

Stokman emphasised that alliances within the industry should focus on economic strategies for investment, knowledge development for human capital, and strategic partnerships.

“As Nigeria continues to prioritise energy security and sustainability, the NMDPRA’s initiatives signify a substantial step toward achieving a mature and compliant CNG market, positioning the country to meet both national and global energy goals.

By Yunus Yusuf

Grid collapse: Govt to establish super grid, mulls solar power model for North – Minister

Michael Simire
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Grid collapse: Govt to establish super grid, mulls solar power model for North – Minister

Minister of Power, Mr. Adebayo Adelabu, says the Federal Government of Nigeria will soon establish super electricity grid as backup to the national grid that is experiencing incessant collapse.

Adebayo Adelabu
Minister of Power, Mr Adebayo Adelabu

Adelabu said this while briefing State House correspondents after a meeting with President Bola Tinubu on Monday, October 28, 2024, at the Presidential Villa, Abuja.

According to him, if the national grid has a problem, the super grid will be an alternative route through which power will be transmitted.

He added that regional grids would be established to decentralise the national grid.

“The world has moved beyond having a centralised grid. Grid must be regionalised.

“We must have state grids, so that each of the regionalised grid will be insulated from each other.

“A problem in a particular line will not affect the others. Until that is done, we believe that we’ll keep managing what we have and reduce the frequent occurrence of the grid disturbance,” said Adelabu.

Adelabu explained that the national grid collapsed twice in recent times due to explosion of the transformer at Jeba plant.

He said before the explosion, the last disturbance on the grid, was about four months ago.

“Let me tell you the truth of the matter is we have old infrastructure. We have a national grid that is more than 50 years old.

“We have national grid whose transmission lines are weak, the towers are falling, and the substations, the transformers are old.

“In fact, the transformer that actually exploded in Jeba was 47 years old. We’ve been trying to revamp this, to change them, but they cannot all be changed overnight,” he said.

He said the ministry would continue to manage the grid to prevent frequent disturbances, until it was completely overhauled.

Adelabu also disclosed that the Federal Government was planning to introduce the distributed solar power model in northern states.

“We believe that the most effective way of supplying uninterrupted, electricity to the northern part of Nigeria is through distributed power model, whereby each of the northern states will have an embedded utility, solar source.

“All the states will be insulated and immune from each other, and we have actually made progress on this.

“We have interested contractors and financiers that are ready to install a 100 megawatt for each of the 20 northern states, which is scalable to 50 megawatts at first, then upgraded 100 megawatts.

“When we have this, the power supply to the North will be reliable because of the advantage of the sun that they have, where solar will be highly effective,” said Adelabu.

He said with this scheme, the pressure on the national grid from the northern part of Nigeria would be lower, and Nigerians would be able to enjoy better electricity supply.

“When we talk about a final volume of 100 megawatts for each of the northern states, this includes targeting not just households, we are looking at offices.

“We’re looking at institutions, both health and educational institutions, and we’re looking at industrial clusters that are the major consumers of power.

“We will start from having 50 megawatts for each of the states, which we believe will go around whatever activities that happen in all of the northern states on a state-by-state basis,” he said.

By Salif Atojoko

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