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Aba Geometric Power Plant: Support the Likes of Nnaji, Atiku Tells FG, Congratulates Abia Govt, People

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By Eric Elezuo
A former Vice President of Nigeria and presidential candidate of the Peoples Democratic Party (PDP) in the 2023 elections, Alhaji Atiku Abubakar, has celebrated the efforts of Prof Barth Nnaji, who spearheaded the establishment of the 188MN Geometric Power Plant in Aba, the government and people of Abia State, for the landmark achievement as the city moves dependency on the national grid to standing on its own, and achieving 24-hour uninterrupted electricity.
On Monday, the 188MW Geometric Power Plant in Aba, Abia State, was commissioned. By this weekend, Aba Power Limited, a subsidiary of Geometric Power, will commence the electricity supply to a section of Enyimba City. It has taken long, two decades in coming. But soon, the much-needed electricity to unleash the full potential of Aba, the industrial and commercial nerve centre of Abia, will surely make up for the long wait.
I congratulate and appreciate the efforts of Prof Barth Nnaji and his team to deliver on this project despite all the (political and) business environment obstacles. His tenacity and demonstration of the ‘can-do spirit’ is exemplary. It is remarkable that the governor of Abia state had stayed the course of the project that he had made an initial contribution to as a private sector person. Equally worthy of congratulation is the enterprising people of Abia.
This significant milestone is important for several reasons. Firstly, it improves people’s access to electricity – thereby improving the overall quality of life in Abia. This is a privilege the people of Abia must be thankful for. As we all know, more than 40% of Nigeria’s 220 million people do not have access to electricity.
Secondly, it is a big boost to businesses. Aba is one of Southeast’s industrial nerve centres. The other is the Nnewi axis. Inadequate power infrastructure is identified as the most problematic factor for doing business in Nigeria. More than 70% of firms in Nigeria use generators.
Thirdly, the project is delivered by the private sector – and an indigenous one to boot! It demonstrates the resilience of the private sector despite all the business environment issues. It also demonstrates the capacity of the local private sector to deliver on such huge and complex projects.
Why does this excite me?
I have all along been concerned that:
1. The Nigerian Electricity Supply Industry (NESI) has over the years suffered from inadequate investments, failure of generation, transmission, and distribution infrastructure.
2. Nigeria’s core infrastructure stock is very low, estimated at 35-40% of GDP, below the international benchmark of 70% and below South Africa 87%, Indonesia 70%, China 76% and India 58%.
3. The finances required to bridge Nigeria’s infrastructure gap are in the region of US$100 billion per annum – over the next 30 years. Nigeria does not have the resources to provide all of its infrastructure needs without sacrificing investments in education, health, and other social services. It should be remembered that Nigeria struggles to budget no more than US$30 billion annually.
For these reasons, I have been an ardent advocate of private sector presence in Nigeria. I have all along advocated for a private sector friendly business environment so we could leverage its enormous resources, including finance, skills, and technology. I doubt if the Abia state government would have been able to execute this mega project with the resources at its disposal.
My policy document outlines how Nigeria could prioritize investments to increase the stock and improve the quality of economic and social infrastructure across the country. We believe that narrowing the enormous gap that exists between the demand and supply of key infrastructure facilities in Nigeria is key to improving the competitiveness of our businesses, opening new economic and entrepreneurial opportunities, and promoting enterprise growth.
To achieve this, we pledged to undertake far-reaching institutional reforms and introduce innovative infrastructure financing models that will be appealing to the private sector to take risks and invest capital.
To this end, we pledged to:
· Facilitate the establishment of a private sector-led Infrastructure Debt Fund (IDF) to mobilize domestic and international private resources for the financing and delivery of large infrastructure projects across all sectors of the economy.
· Establish an “Infrastructure Development Unit” (IDU) in the Presidency, with a coordinating function and a specific mandate of working with the MDAs to fast track and drive the process of infrastructure development in the country.
· Strengthen the capacity of the ICRC to promote Public Private Partnerships (PPP) in the construction and management of infrastructure across the country.
· Broaden the scope of InfraCredit to complement the operation of the IDF by de-risking investments in infrastructure to build investor confidence in taking risks and investing capital.
· Open up the entire power sector from generation to transmission for private investments. Going forward, the goal of every developing country must be to achieve universal access to electricity, ensuring that every citizen benefits from reliable power for daily needs, education, healthcare, and economic activities. This would be in line with the SDG 7 (Sustainable Development Goal 7), which aims to ensure affordable, reliable, sustainable, and modern energy for all. In this wise:
· Nigeria must double efforts to support the likes of Prof Nnaji. Nigerian governments both federal and state must provide the Business environment that will make the private enterprises more competitive by (1) reducing their costs of set-up and operations (2) improving their margins and (3) making government policies more predictable.
· In particular, the authorities must create an environment that will enable distribution companies to recover full costs for power supplied to their consumers with firm commitment to a metering program for all customers. The scourge of electricity theft must be dealt with through a viable partnership between investors in the distribution companies and the government with legislative support for prompt action against electricity theft.
· Attention must be paid to improve access to Credit by enterprises willing to invest in the power sector.
· Government must incentivize the private sector to increase greenfield investments in the development of off-grid solutions to intensify electrification, particularly of rural communities not yet serviced by the grid. -AA
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Tinubu’s Govt Loathes Criticism, Lacks Good Spokespersons, Says Sanusi

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The Emir of Kano, Sanusi Lamido Sanusi, has said President Bola Tinubu’s administration sees comments and suggestions as an attack.

Sanusi made the remark while noting that Tinubu’s administration lacks good spokespersons.

The former Central Bank of Nigeria (CBN) Governor, however, said he is not a fan of politicians, but Tinubu’s administration deserves credit.

Speaking at the Oxford Global Think Tank conference convened by Arunma Oteh, Sanusi said: “This government doesn’t express itself properly. It sees every suggestion and contribution it does not like as an attack, and it doesn’t have good spokespersons.

“Let’s look at the good side of the reforms. GDP in Q2 2026 was at 4.48%. It’s not as high as it was under the Yar’Adua/Jonathan government, but during the Buhari years, the economy grew by 0.9%. Today it is at 4.5%. That’s progress. Inflation is down from 30% to 14.6% and is projected to be 12.5% by the end of the year. That is progress.

“GDP per capita in dollar terms has gone up since 2023 by 47%. If we continue at this rate, by the end of next year, GDP per capita will be back to where it was in 2005. Our reserves are at $55 billion, and yes, a lot of it is driven by portfolio flows, which are volatile, but we are lucky that there is a war in the Strait of Hormuz. Oil prices are high. Investors would like to stay in Nigeria because of that and the high returns, and therefore we get the portfolio flows.

“We are also making progress in terms of diversification. 20% of our exports are coming from the Dangote Refinery. There are clearly foundations being laid for stability. It’s not the end, but the first step towards stability.

“I’m not a fan of politicians, but we need to give credit to President Tinubu’s administration for bringing us back from the brink.”

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Tinubu Redeems $100k Pledge to Super Falcons for 10th WAFCON Victory

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President Bola Tinubu has fulfilled his $100,000 promise to the Super Falcons of Nigeria for their historic triumph at the 2024 Women’s Africa Cup of Nations.

Tinubu made the promise to the team after they claimed the title for the 10th time at the tournament.

The Super Falcons staged a dramatic comeback to beat hosts Atlas Lionesses of Morocco 3-2 in the final.

Morocco led 2-0 in the first half, while Nigeria scored thrice after the break through Esther Okoronkwo, Folashade Ijamilusi and substitute Jennifer Echegini.

The Super Falcons, however, failed to successfully defend their crown at the 2026 edition, losing to Cameroon in the quarter-finals.

They also failed to earn a berth at the 2027 FIFA Women’s World Cup.

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Atiku Counters Alake on Tinubu’s Steady Power Supply Claim

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Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has accused President Bola Tinubu’s administration of failing to fulfil its promise of providing Nigerians with steady electricity supply.

Atiku said the All Progressives Congress (APC) campaign council was attempting to divert attention from the administration’s unfulfilled electricity pledge by highlighting legislation, committees, bonds and power projects.

He stated this on Sunday through Phrank Shaibu, Director of Strategic Communications of the ADC Presidential Campaign Council, in a response to comments by the Minister of Solid Minerals Development, Dele Alake, on the government’s electricity sector reforms.

Atiku said Nigerians continued to grapple with unreliable electricity, forcing households and businesses to spend scarce resources on alternative sources of power while still paying electricity bills.

“APC should spare Nigerians spectacle of celebrating paperwork while homes and businesses remain in darkness. After three and a half years, families still struggle to keep their homes lit. Traders and small business owners spend scarce resources on alternative power, yet struggle to keep their businesses alive. Nigerians are billed for electricity they cannot rely on. President Tinubu promised steady power and an end to estimated billing. That promise has not been kept,” he said.

The former vice-president also faulted the existing electricity band system, arguing that consumers across the different categories continued to experience power failures despite paying varying tariffs.

“Across Nigeria, consumers are placed in Bands A, B, C, D and E and charged different rates. In many areas, Band A customers pay about N209.50 per unit before VAT. Rates for other bands vary by state and electricity provider. Yet across every band, same hardship endures: power fails, but bill arrives,” he said.

He argued that households should not have to choose between paying electricity bills and meeting their basic needs, while businesses should not be charged more for electricity they do not receive.

On the planned removal of electricity subsidies from 2027, Atiku demanded clarification from the Federal government on the implications for consumers, despite assurances that there would be no immediate increase in electricity tariffs.

“Nigerians are entitled to clear answer: what will happen to their bills when subsidy ends?” he asked.

Atiku said he would work with state governments and regulators, within the provisions of the law, to replace the existing band system with what he described as a fair, transparent and affordable electricity pricing framework that would hold distribution companies accountable for the power supplied.

He also recalled Tinubu’s campaign promise during the 2022 presidential election, when the President reportedly pledged to provide constant electricity within four years.

“When President Tinubu campaigned in 2022, he made unmistakable commitment. He said: ‘If I don’t give you constant electricity for four years, when I come back for second term, don’t vote for me.’ Nigerians have lived through those four years. They do not need his campaign council to interpret his words for them. They need him to answer for them,” he said.

The ADC chieftain further questioned the administration’s investment in new electricity generation infrastructure, alleging that it had failed to build a new generation facility to increase the country’s power capacity despite introducing a multitrillion-naira bond programme to settle outstanding debts owed to generation companies.

“Paying old debts is not same as building new power infrastructure. Bonds cannot be presented as substitute for power in people’s homes,” he added.

Atiku also expressed concerns over the application of Value Added Tax (VAT) on electricity and a provision in the Nigeria Tax Act for a five per cent surcharge on certain fossil fuels, including petrol and diesel.

He noted that although the government had said the surcharge had not been activated and would require a ministerial order, Nigerians deserved clarity on the possibility of additional energy-related charges.

“Dele Alake’s statement cannot light a home. Signing a law is not electricity. Raising a bond is not electricity. Approving a project is not power delivered. Nigerians cannot cook, study, work or sustain a business on announcements,” Atiku said.

He maintained that Nigerians expected reliable and affordable electricity, urging the Tinubu administration to account for its campaign promises and the performance of the power sector.

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