Connect with us

Headlines

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

Published

on

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
Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Flamingos Receive $50 Gift for Winning U-17 Women’s World Cup

Published

on

Nigeria’s Flamingos have received a cash reward of $50,000 following their historic triumph at the 2026 FIFA U-17 Women’s World Cup.

The reward was presented to the team on Saturday night by Alhaji Saleh Ahmadu, a sponsor of the National Sports Commission (NSC), during a special reception held in their honour.

The event was attended by several top dignitaries, including NSC Chairman, Mallam Shehu Dikko; Director-General, Honourable Bukola Olopade; and Comptroller-General of the Nigeria Customs Service, Mr. Bashir Adewale Adeniyi.

The Flamingos are also expected to receive additional rewards in recognition of their outstanding achievement in Morocco.

Nigeria secured a historic 2-1 victory over Japan in Saturday night’s final in Rabat to emerge champions of the competition for the first time in the nation’s history.

The triumph marks a significant milestone for Nigerian women’s football and further underscores the country’s growing presence on the global stage.

Meanwhile, striker Oluebube Umejiaku has explained how the team recovered from their opening defeat to Poland to win the 2026 FIFA U-17 Women’s World Cup in Morocco.

Nigeria began their campaign with a 2-1 loss to Poland, despite Umejiaku scoring as a substitute. However, the team bounced back, treating every subsequent fixture as a final on their way to winning the competition.

The Flamingos defeated DPR Korea, Mexico and other opponents before overcoming Japan 2-1 in Saturday’s final to claim the trophy.

Umejiaku, who started the tournament on the bench, became one of Nigeria’s standout performers, scoring crucial goals, including in the final, and winning the Golden Ball award as the tournament’s best player.

Speaking to FIFA.com after Nigeria’s historic triumph, she said the players were determined to change their fortunes following the opening loss to Poland.

“When we lost the first game against Poland, everybody said we needed to wake up because we didn’t come here to look at anybody’s face and we have to take every game as a final. We don’t downgrade anything; we play and we put all our best into every game.”

Umejiaku also reflected on her journey from a substitute to one of the tournament’s most influential players, saying she remained hopeful of getting an opportunity to start.

“Every time I went to training and every time I slept, I told God that I’m praying for all the people that are starting. But when I wanted to start, I just told God that it is my time,” she said.

Another key contributor to Nigeria’s triumph was Awawu Bashiru, who initially had limited playing time under head coach Akeem Busari.

Bashiru played just 77 minutes between the opening match and the quarter-final against Venezuela before earning her first start against Brazil. She scored twice in that encounter and also opened the scoring in the final against Japan.

Reflecting on the team’s achievement, Bashiru credited their success to teamwork and the technical crew’s instructions.

“I’m so happy, I’m so excited and I’m so grateful,” she said. “The teamwork, instruction and listening to our coaches is why we got the goals and why we won the final. We are history-makers. We made Nigeria, and the millions of people there, proud.”

Busari, meanwhile, explained that his decisions to change the starting line-up were based on the players’ attitude, character and commitment rather than reputation.

“No matter how good you are, I’m a coach that plays on character,” Busari said of making those key changes. “It’s all about mindset, attitude and merit; if they’re there, you get your playing time. If they’re not there, you’re waiting to come in. As a coach, we want everyone to wire up and play together.”

Nigeria’s victory made the country the first African nation to win the FIFA U-17 Women’s World Cup and the first from the continent to claim a women’s FIFA tournament title.

Umejiaku expressed confidence that the triumph would mark the beginning of more success for Nigerian and African women’s football.

“I’m very happy because now we have broken the chain,” Umejiaku added. “In Africa we always win – that’s a promise. We’ve won, and now we’ll be winning and winning, that’s just it. We thank God for everything.”

Bashiru also promised that Nigeria would return with the same determination at the next edition of the competition.

 “We can expect more from Nigeria,” Bashiru added. “We are winning and we’ll bring the same energy, the same zing, at the next U-17 Women’s [World Cup].”

Busari described the triumph as a major boost for African football, saying it demonstrated the continent’s growing competitiveness at youth level.

Continue Reading

Headlines

Obi Tasks Tinubu to Give Account of N15.8trn Subsidy Savings, $100bn Borrowing

Published

on

The Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, has called on President Bola Tinubu to account for the N15.8 trillion saved from the removal of the fuel subsidy and the over $100 billion borrowed by his administration.

Obi’s challenge comes 24 hours after Tinubu took a swipe at the former Governor of Anambra State during an All Progressives Congress (APC) campaign rally in Akwa Ibom State, saying that while the NDC candidate ran from erosion in Anambra, he (Tinubu) confronted the Atlantic Ocean in Lagos.

In a post on his X handle on Saturday, Obi congratulated Tinubu on spending a night in a Nigerian State outside Lagos and Abuja, while urging him to visit other states and account for the resources available to his administration.

“I congratulate you on spending a night in one of Nigeria’s states outside Lagos and Abuja. I hope you enjoyed the warmth, hospitality, and delicious cuisine of Akwa Ibom, which I am sure is even better than those of the destinations where you have spent over 260 days outside Nigeria since coming into office.

“I sincerely hope this visit will inspire you to travel to the remaining 33 states of the federation, spend time with the people and, more importantly, explain what your administration has done with the ₦15.8 trillion saved from the removal of fuel subsidy, the over $100 billion you have borrowed, the increased revenues accruing to the government from taxing Nigerians, and the additional government revenues which your administration celebrated last year as having surpassed its target,” Obi wrote.

He insisted that Nigerians deserve to know what the government has achieved with the resources, including the number of people lifted out of poverty, children returned to school and functional primary healthcare centres built.

“Nigerians deserve to know how many that were pulled out of poverty within this period, how many out-of-school children were returned to school, and how many functional primary healthcare centres you have built.

“They also deserve to know how much electricity supply has improved, especially given your promise that if you do not fix power, Nigerians should not vote for you. They deserve an explanation of how you have secured the country, which still ranks among the most terrorised countries in the world.

“Mr. President, Nigerians deserve answers. They deserve to know what has been done with the resources entrusted to your government,” he added.

Obi said the new Nigeria he hopes to build would be founded on accountability, transparency and the physical, measurable impact of public resources on the lives of citizens.

Continue Reading

Headlines

Flamingos Beat Japan 2-1 to Win 2026 U17 Women World Cup

Published

on

Nigeria’s under-17 women’s national team, the Flamingos, etched their names into football history Saturday, defeating former champions Japan 2–1 at the Mohammed VI Football Complex to lift the 2026 FIFA U17 Women’s World Cup.

With the victory, Nigeria becomes the first African nation to win the tournament since its inception in 2008.

Led by head coach Akeem Busari, the Flamingos entered the showpiece having already broken ground as the first African side to reach the final, surpassing their previous best finish of a bronze medal in 2022.

After a fiercely contested opening half-hour against a disciplined Japanese side making their fourth final appearance, Nigeria broke the deadlock in the 39th minute.

Midfielder Awawu Bashiru—who had starred with a brace in the semi-final against Brazil—unleashed a long-range strike that slipped past Japanese goalkeeper Kou Kadowaki to give the Flamingos a 1–0 lead at the break.

Nigeria wasted no time doubling their advantage after the restart. Just two minutes into the second half, forward Oluebube Umejiaku latched onto a through ball and lifted a composed finish over the onrushing Kadowaki in the 47th minute to make it 2–0.

Desperate to reclaim a title they last won in 2014, Japan responded with a triple substitution and mounted heavy late pressure.

The Young Nadeshiko eventually pulled a goal back in the 80th minute through setting up a tense finish in front of a crowd that included FIFA President Gianni Infantino and CAF President Patrice Motsepe.

Despite Japan’s late surge, Nigeria’s backline—marshalled by goalkeeper Sylvia Ijirigho and defender Omowunmi Sunday—held firm through stoppage time to seal an unforgettable triumph for Nigerian and African women’s football.

ThisDay

Continue Reading