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PRESIDENT TINUBU PLEDGES TO REMOVE ALL OBSTACLES ACROSS THE POWER SECTOR VALUE CHAIN

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TINUBU: Femi Fani-kayode Blasts Ex-Member Of UK parliament,  George Galloway

PRESIDENT TINUBU PLEDGES TO REMOVE ALL OBSTACLES ACROSS THE POWER SECTOR VALUE CHAIN

…notes NNPC-NIPCO partnership on 35 state-of-the-art CNG stations nationwide

President Bola Ahmed Tinubu, on Friday, declared that despite the nation’s current rate of energy supply, his administration is poised to address all the obstacles militating against stable electricity supply in the country.

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He said his administration will bring solutions to the multifarious challenges across the electric power sector value chain which will significantly relieve longstanding problems of suppressed demand and improve the steadiness of peak supply for Nigerians, affirming that improved energy generation and distribution is an imperative for accelerated national growth.

 

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PRESIDENT TINUBU PLEDGES TO REMOVE ALL OBSTACLES ACROSS THE POWER SECTOR VALUE CHAIN

President Tinubu spoke at the ground breaking ceremony of the new 350MW Gwagwalada Independent Thermal Power Plant (Phase 1) where he urged the NNPC and its partners to deliver the landmark project within the promised three years completion timeline, insisting that, “three years must be three years.”

 

“Although the Nigeria Electricity Supply Industry (NESI) is currently characterized by huge supply-gap deficits owing to dilapidated power infrastructure and poor distributions networks, amongst others, this administration is poised to address every power value chain challenge that will significantly relieve the suppressed demand, enhance generation, and improve national peak growth & sustainability far above the hitherto abysmal and unacceptable 5,300MW for over 200 million Nigerians,” the President declared.

President Tinubu noted that a swift improvement in the stability and quantum of energy supply will enhance national economic development, which remains a cardinal priority of his administration.

“During my electioneering campaign, I made a commitment to Nigerians on providing stable electricity. This is to be achieved by ensuring that we use all available energy sources to boost power generation beyond the current installed capacity of 12,000 megawatts, strengthening the integrity of our transmission infrastructure and ensuring that all distribution bottlenecks are removed. We can not form the productive and industrialised economy we need in order to conclusively tackle poverty, and create thousands of high paying manufacturing jobs for our teeming young people, whose creativity and talent we must harness for national development, without reliable electricity,” the president stated.

President Tinubu affirmed that adequate energy, broadly, and electricity, specifically, is to be treated as the topmost national economic imperative, if Nigeria must develop and maximise her human and natural resources, stating that “to accelerate our economic growth, we must work hard to remove every obstacle that has slowed down our progress. I have often said that electricity is the greatest human invention of the last 1,000 years.

“We cannot advance and join the rest of the developed world if we remain stuck with our current electricity supply situation and unable to supply the energy our country requires to power a doubling of the size of our Gross Domestic Product within the next decade.”

The President expressed his excitement that the landmark project was commencing at the onset of his administration.

“The groundbreaking for the Gwagwalada thermal power plant (Phase 1) is highly significant to the nation, as it marks the first bold step and the beginning of the administration’s concerted efforts to entrench a strong and virile energy foundation for uninterrupted power supply to boost the economy and accelerate industrial growth.

The Gwagwalada 350MW (Phase 1) project is part of an incremental 3,600MW cumulative power project that is based on market-driven designs along the Abuja, Kaduna and Kano (AKK) gas pipeline corridors, which will further underpin the project’s economic viability while generating multiple foreign direct investments (FDIs) for the nation,” President Tinubu further stated.

The President promised to harness the nation’s gas resources, assuring that “this administration will latch onto the global declaration of gas as a ‘transition fuel’ and the Petroleum Industry Act (PIA) to enhance investments in the oil and gas sector to fully harness the more than 200 trillion cubic feet (TCF) of proven gas reserves which are expected to deepen domestic gas utilization through improved power generation, establishment of gas-based industries, petrochemical firms, as well as liquified/compressed natural gas (auto-gas) development to catalyze sustainable economic development while creating millions of jobs for the teeming Nigerian populace.”

President Tinubu pledged his administration’s commitment to addressing the power challenges and gas utilisation with a clear focus on advancing the diversification of its energy mix.

“Nigeria will continue to vigorously pursue the implementation of other low-Carbon energy options as part of a larger mix, such as Solar, Hydro, Wind, Thermal and biofuels (for both on grid and off-grid power systems) to help shore-up our national energy supply to meet the growing domestic demands and ensure that adequate energy penetrates the homes of our people with a view to improving the standard of living of our people in the rural areas,” the President assured.

While commending the NNPCL for leveraging on the established AKK Gas pipeline through this laudable project, President Tinubu charged the NNPCL to ensure the prompt and early completion of the project saying, “while planning this project, the prudent use of resources has been given top priority, as by this endeavor, Nigeria will strategically underpin the commerciality of the multi-billion dollar AKK gas pipeline, even as we evolve a competitive low-power tariff structure and revitalize numerous industries that will create millions of direct and indirect jobs.”

“I would like to commend the efforts of the NNPC Ltd, alongside General Electric and CMEC, for this business partnership initiative and I hereby charge the team to ensure that this three year project is successfully implemented on the agreed scope, time, and budget,” the President charged.

President Tinubu further applauded the NNPCL for its proactive initiative in this direction, saying “the recent strategic partnership between the NNPC Ltd and NIPCO Gas Limited to deploy Compressed Natural Gas stations across the country is another excellent example. The landmark collaboration will expand Nigeria’s CNG infrastructure, improve access to CNG, and accelerate the adoption of a cheaper and cleaner alternative fuel for buses, cars, and kekenapep nationwide.”

According to the President, “under this NNPC-NIPCO partnership, 35 state-of-the-art CNG stations will be constructed nationwide, including three Mother stations. Once fully operational, the stations will have the ability to service 200,000 vehicles daily,” he emphasized.

Similarly, the Group Chief Executive Officer of the NNPC Ltd, Mallam Mele Kyari, stated that the NNPC Ltd will leverage on the nation’s endowment of gas resources to power the nation’s industrial growth and stimulate ubiquitous job creation, adding that, through the project, the NNPC Ltd would be providing a huge boost to the national grid.

Kyari assured the President that NNPC Ltd will continue to execute power projects to enhance energy security, noting that several of such have already been completed. These, according to the NNPCL Group CEO, include the 50MW Maiduguri Power Plant, and the 900MW and 1,300MW power plants in Kaduna and Kano, respectively.

The colourful event was witnessed by many dignitaries and senior government officials, including the Borno State Governor, Prof. Babagana Zulum, Governor of Nasarawa State, represented by his Deputy, Royal Fathers, the Chinese Ambassador to Nigeria, among others.

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Billionaire, Arthur Eze Advocates For Tinubu

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Billionaire, Arthur Eze Advocates For Tinubu

Billionaire, Arthur Eze Advocates For Tinubu

 

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Billionaire, Arthur Eze, has urged Nigerians to support President Bola Tinubu while praising his inclusive approach to governance.

 

 

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He made the remarks in a video widely shared on social media, which showed him donating N20m to a church.

Billionaire, Arthur Eze Advocates For Tinubu

 

Eze said, “Tinubu has no boundary. If you go to Abuja, you will see Wike, an Igbo man as a minister. Umahi is Igbo man, as minister. No boundaries. All the types of people we want.

 

 

 

“So this Nigeria, after eight years, it will change. It has started changing. Now, I beg everybody to support him before we die.”

 

 

This is not the first time the billionaire has praised the Tinubu administration.

In October 2023, speaking at the Holy Mass to mark the 65th birthday of Rev Fr Patrick Alumuku at St Louis Catholic Church, EFAB Global Estate, Mbora, Abuja, Eze said the appointments of ministers and heads of agencies by Tinubu was fair.

“The President has been fair in his appointments to the three major regions; the East, West, and North. Nigerians should support the President as he continues his transformational agenda,” Eze said.

 

 

 

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Bayelsa State Government pledges free land to FHA.

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Bayelsa State Government pledges free land to FHA.

Bayelsa State Government pledges free land to FHA.
…As the Managing Director/Chief Executive, Hon Oyetunde Ojo visits the state.

 

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The Executive Governor of Bayelsa State, His Excellency Senator Douye Diri has pledged to make land available to the Federal Housing Authority free of charge to support the Renewed Hope Agenda programme of President Ahmed Tinubu.
This was disclosed Friday, 3rd May 2024 when when the Managing Director and Chief Executive, Hon Oyetunde Ojo paid him a courtesy visit.

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Bayelsa State Government pledges free land to FHA.

The FHA Chief Executive had in his address told the governor that his team was in Bayelsa state in continuation of the Authority’s nation wide consultation with State governments in preparation for the take off President Bola Ahmed Tinubu’s Renewed Hope Agenda programme on Housing.
Hon Ojo said Bayelsa was the 18th state FHA.consulting and taking the message of President Tinubu to in about 3 weeks. He reminded the Governor that Mr President from his campaign manifesto had made the provision of affordable housing to Nigerians a priority.
The MD said that the new FHA management he is leading, in playing a prominent role in the realization of this agenda has resolved to consult all the States in the country.
He reiterated that the Authority would no longer engage in any housing project without consulting with the people the houses are being built for. In his words, ” … gone are the days we will sit in Abuja and decide what to build for the people”.
Hon Ojo told Governor Diri that the state governors as the custodians of land in the states are so crucial in the provision of affordable houses and are also in the best position to know the exact housing needs of their people.
He therefore told the Governor that FHA has come to ask for land from the state for the Renewed Hope Housing programme. Continuing, the MD said, “… we have come to ask for land to develop. We are not going to speculate. We will sit with your people to design the houses to your taste because you know the .culture of the people “.
Hon Ojo underlined the need to carry along the people in any housing project from the beginning to give the the desired sense of ownership. This he said is the antidote to the issue of houses not taken on completion.
On the models and affordability, the MD re – echoed the Authority’s stance on carcas, where only the exterior, electrical and plumbing would be provided and finishing left for the people. He used the opportunity to once more condemn imposing finishing on the people, a matter that adds to unaffordability of houses.
He noted that the Authority also would build Studio apartments and One Bedrooms in consideration of the youths and those starting life.
The FHA CEO also hinted on the Diaspora City initiative, where Nigerians living abroad would have befitting houses back home and saved from fraudsters.
FHA Hon Oyetunde noted is known for developing cities within cities. The value chain benefits of Housing and construction he noted leads economic growth through job creation and is used all over the world to fight inflation.
Finally, he asked for the collaboration of the state government in providing off takers for the project and granting waivers to the Authority which would reduce the cost and aid affordability.
The State Governor, His Excellency Senator Douye Diri in his response appreciated the MD and his team for the pragmatic style of leadership in FHA. He stated that he gas following the Authority’s tour of states in the country for consultation, noting that is the way to go..
He decried what he called the attitude of some government officials who stay in Abuja and take decisions for the people.
In his words ‘:..most officers in Federal Government stay in Abuja and take decisions for others”.
He said that the Authority’s decision of consulting with the people should be the standard practice. By consultations, the Authority would have avoided lots of factors that can impede project delivery. “This should be the standard of every Federal Government officer”, he stated.

Governor Diri who expressed happi

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FHA MD/ CEO, Hon Oyetunde Ojo visits Akwa Ibom State

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FHA MD/ CEO, Hon Oyetunde Ojo visits Akwa Ibom State.

FHA MD/ CEO, Hon Oyetunde Ojo visits Akwa Ibom State.
…As Governor Umo Eno pledges to support the Renewed Hope Agenda of President Bola Ahmed Tinubu .

 

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The Executive Governor of Akwa Ibom State, His Excellency Pastor Umo Eno has pledged full support for the Renewed Hope Agenda of President Bola Ahmed Tinubu (GCFR) on housing. This was made known Thursday, 2nd May 2024, when the Managing Director and Chief Executive of Federal Housing Authority Hon Oladimeji Oyetunde Ojo paid a visit to the state.

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FHA MD/ CEO, Hon Oyetunde Ojo visits Akwa Ibom State.

 

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The Governor who in an unprecedented manner handed over an allocation letter and survey plan of 50.3 hectares of land in Uyo to Federal Housing Authority for the Renewed Hope Housing programme, commended the Authority’s management under the leadership of Hon Oyetunde Ojo for adopting policy of consulting with the state governments before embarking on any project.
Governor Eno frowned at the idea of some agencies coming into states and do works without consulting the states who are the major Stakeholders, said he wishes they could emulate the inclusivity disposition of FHA management.

 

 

 

He noted that his government has not done any project in the State without engaging the Stakeholders. In his words, “we watch as your management travels to engage State governments. There is no project we have done in Akwa Ibom without engaging with the Stakeholders holders. We wish other agencies will emulate you”

 

 

 

Earlier, Hon Ojo had informed the Governor that the reason for the visit was for the Authority’s new management to pay him a courtesy visit and to bring President Tinubu’s Renewed Hope Agenda on Housing to the state.

 

 

The FHA CEO noted that Akwa Ibom is the 15th state his Management would be visiting in about three weeks, and stated that the reason for the visits is to consult with the state Governors who are the custodians of lands in their various states. Hon Ojo pointed out that it is needless embarking on housing projects without having the imputs of the people who the houses are built for. He said consulting with the Stakeholders makes the people to take ownership of such projects and reduces the incidents of such houses not taken on completion.
He therefore told the governor that FHA has come to ask for land. According to him, ” … we have come to request for land to develop Mass Housing for the people of the state. We are not going to speculate on the land”

 

 

 

The FHA boss said that the Authority would partner with the government in coming up with designs that would suite the people, rather than imposing one on them. He noted that FHA is known for developing cities within cities, citing Festac Town, Lagos and Gwarinpa in Abuja as examples.

 

 

 

On the affordability of the houses as mandated by Mr President, Hon Ojo said FHA has come up with such delivery models as carcas ,where only the exterior will have a prototype finishing, then plumbing and electricals because of their sensitive nature, leaving the allottees to do the rest finishing according to their individual taste and capacity.

 

 

 

He also said such other model as studios would be targeting the younger ones, who are starting live.

 

 

The MD told the governor that FHA is planning Diaspora cities across the states for the benefit of our people outside the country. He hinted that the Authority launched its digitalisation drive on the 1st of May, 2024 a feature that will help in the Diaspora initiative.
He finally requested the state government to assist in getting off takers and helping in reducing some of the bottle necks in developing the houses which would definitely help in reducing the cost of the houses.

 

 

 

He noted that the value chain of construction and Housing development has been a major tool in fighting inflation all over the world and as such would be of great benefit to the state.
Hon Ojo noted that the Renewed Hope Housing Agenda is non political but all about Nigerians in the directives of Mr President. He stated that President Tinubu has put politics aside and is determined to work for the good of all Nigerians irrespective of political affiliation or tribe.

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