Business

For stable electricity, should Nigeria invite China to manage Power Sector for 20 years ?

Goje was reacting to the new Minister of Power, Joseph Olasunkanmi Tegbe ‘s comment that he cannot promise Nigerians uninterrupted electricity immediately but pledged to deliver noticeable improvements in the sector within a short period.

Published

3 months ago

May 8, 2026

OCHEFA

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Image: collage of power grid/ Minister of Power, Joseph Tegbe

Senator Muhammed Danjuma Goje thinks so.

Goje was a former minister of state for power and steel between 1999-2001; former governor of Gombe State 2003-2011, and now a senator representing Gombe Central.

He emphasised the need this week during the screening of minister -designates at the National Assembly.

Goje told fellow lawmakers that the federal government had better handover Nigeria’s power sector to China or another advanced country for 20 years to achieve stable electricity.

Addressing lawmakers, the minister-designate said he would rather focus on realistic and measurable progress than make promises he cannot keep.

“If I am confirmed, the Senate President, Distinguished Senators, I will not stand here and say tomorrow I will give you 24-hour electricity.

” But what I will tell you about the very honest approach, I will ensure that visible improvement is seen across the country in the shortest time possible. I will commit that we will replace uncertainties for Nigerians with clarity”,Tegbe said.

Tegbe identified distribution challenges as one of the major issues affecting the power sector, noting that inefficiencies remain across the electricity value chain.

Related Topics:Featured Nigeria's power sector

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Naira Exchange Rates Thursday, 22 July

Published

11 hours ago

July 23, 2026

OCHEFA

33 Views

BLACK MARKET RATES

US DOLLAR (USD) Buy ₦1,405 Sell ₦1,410

GREAT BRITISH POUND (GBP) Buy ₦1,880 Sell: ₦1,900

EURO (EUR) Buy ₦1,580 Sell ₦1,600

CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080

SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90

UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205

GHANA CEDI (GHS) Buy ₦95 Sell ₦110

WEST AFRICAN CFA Buy ₦2, 300 Sell ₦2, 400

CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250

AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

CBN OFFICIAL EXCHANGE RATES

US DOLLAR (USD) ₦1,369.63

GREAT BRITISH POUND (GBP) ₦1,833.12

EURO (EUR) ₦1,563.03

SWISS FRANC (CHF) ₦1,685.08

JAPANESE YEN (JPN) ₦8.40

CHINESE YUAN (CNY) ₦202.21

WEST AFRICAN CFA (XOF) ₦2. 39

WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,867.90

SAUDI RIYAL (SAR) ₦366.36

SOUTH AFRICAN RAND (ZAR) ₦83.40

Business

President Tinubu Tasks Judicial Officers To Remain Abreast of Evolving Global Maritime Laws

President Tinubu made the call in Abuja during the 18th International Maritime Seminar for Judges, organised by the Nigerian Shippers’ Council (NSC), under the auspices of the Federal Ministry of Marine and Blue Economy, in collaboration with the National Judicial Institute (NJI).

Published

1 day ago

July 22, 2026

OCHEFA

37 Views

President Bola Tinubu on Wednesday urged judges to continually update their knowledge on autonomous vessels, digital shipping, artificial intelligence-driven maritime operations, maritime security and evolving international environmental regulations.

Represented by the Minister of Marine and Blue Economy, Adegboyega Oyetola, President Tinubu lauded the Nigerian Shippers’ Council for initiating and sustaining the international seminar for judges.

He described it as one of Nigeria’s foremost platforms for strengthening maritime jurisprudence, enhancing judicial capacity and promoting excellence in maritime justice.

According to Oyetola , rapid technological advancement is creating unprecedented legal questions relating to liability, navigational responsibility, insurance, collision regulations and allocation of responsibility when autonomous vessels malfunction.

He emphasised that the courts will increasingly adjudicate disputes involving decarbonisation, environmental compliance, blockchain-enabled cargo documentation, electronic bills of lading and other evolving international maritime legal frameworks.

“The emergence of autonomous vessels demands a judiciary equipped to resolve complex legal questions involving liability, insurance, navigation and technological accountability.

“Judicial officers must remain abreast of evolving international maritime law to ensure justice keeps pace with technological innovation,” he said.