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Electricity: FG Pays Over $120m To Offset Gas Debts

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The Federal Government says it has paid $120m out of the $1.3bn owed gas firms for the supply of gas for the running of power plants in Nigeria. 

Nigeria’s power generation has dropped in recent weeks. According to the Minister of Power Chief Adebayo Adelabu, the development was due to gas suppliers stopping the supply of gas for the generation of electricity over the indebtedness of the sector to producers.

But during the 7th Nigeria International Energy Summit, the Director, Decade of Gas Secretariat Ed Ubong said the Federal Government has paid part of the debts.

“As of last year, that (gas debts) was about $1.3bn, depending on how you add up the numbers. But I am pleased that between October and the end of January, the government has paid over $120m to offset some of that money,” Ubong said in Abuja on Thursday.

He said: “More importantly, the government is also now working on a framework that can mitigate most of that failure. That’s a piece of work that is ongoing and we hope that it will be approved and then the industry can move away from that legacy issue.

“We must build capacity for that. Capacity for the engineers, and technicians that will work in this new gas sector that we are looking at for the next eight months. And as the secretary, we are committed to that,” Ubong added.

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Katsina Flood Sweeps Away Siblings Returning From Islamiyya School

Fighting back tears, the children’s father, Malam Salisu Arabi, described the loss as the most painful moment of his life.

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Two brothers, Muhammad Salisu, 12, and Abdurrahman Salisu, 7, lost their lives after they were carried away by flood in Janbago, a community in Katsina State.

The victims, were said to be returning home from a nearby Islamiyya school when downpour, accompanied by strong winds, turned the streets into raging torrents.

The Daily Trust reported that their bodies were later recovered from different locations after frantic search efforts by residents.

The incident plunged the entire community into mourning as sympathisers thronged the family residence to console the bereaved parents.

Fighting back tears, the children’s father, Malam Salisu Arabi, described the loss as the most painful moment of his life.

“They left home that day like every other child going to Islamiyya school. I never imagined that the same rain we all witnessed would take away my two children,” he lamented.

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An alleged fake university discover in Lagos

The university was operating from a three-bedroom apartment at Ilado, Olorunda Local Council Development Area of Lagos State.

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Photo:Students of the university during the raid by NSCDC. Credit: NSCDC

The proprietor of an alleged fake university in Lagos , has been arrested by operatives of Nigeria Security and Civil Defence Corps (NCDC).

The NSCDC Badagry Area Command, who enforced the arrest, said that the university was operating from a three-bedroom apartment at Ilado, Olorunda Local Council Development Area of Lagos State.

The command also rescued 106 students of the institution from across Nigeria and neighbouring West African countries with promises of admission into a foreign university.

According to the corps, the operation was carried out in the early hours of Monday following days of intelligence gathering and covert surveillance by NSCDC operatives

” The suspected institution was operating without an official name, registration, signboard or recognised campus, while allegedly presenting itself online as a distance-learning centre affiliated with a foreign university,”said NSCDC.

Investigations revealed that the rescued youths, mostly between the ages of 19 and 24, came from several Nigerian states, including Kogi, Oyo and some northern states. Others reportedly travelled from neighbouring countries such as Niger, Cameroon and Togo after being recruited online.

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Ayo Fayose Gets Presidential Portfolio As REA Board Chairman

Fayose will head the board of REA, with Alhaji Ahmadu Abubakar and Engineer Ilyasu Ibrahim Makinta appointed as members and non-executive directors,” said Onanuga.

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President Bola Tinubu has appointed the former governor of Ekiti State, Ayo Fayose, as chairman of the Rural Electrification Agency (REA) Board.

The President also appointed Major General Junaid Bindawa as chairman of the National Salaries, Incomes and Wages Commission.

24 others were also appointed to 10 federal government agencies and commissions.

The appointments were contained in a statement issued by the presidential spokesman, Bayo Onanuga, in Abuja.

According to the statement, “All the appointments take immediate effect.”

“Fayose will head the board of REA, with Alhaji Ahmadu Abubakar and Engineer Ilyasu Ibrahim Makinta appointed as members and non-executive directors,” said Onanuga.

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