The Special Adviser on Energy to the President, Olu Verheijen, clarified on Monday that her statement on the planned increase in the electricity tariff was misrepresented.

Verheijen, on January 30, advocated an increase in Nigeria’s power prices by about two-thirds (66 percent) to reflect the actual cost of electricity supply.

She argued that higher electricity tariffs must be carefully balanced with subsidies to support less-affluent consumers across the country.

The remark attracted backlash in the country with many questioning the rationale behind the proposal.

However, in a statement on Monday, the presidential aide clarified that she was misrepresented in the report published by Bloomberg.

She said after the increase in the tariff for customers in Band A last year, electricity tariffs now cover about 65 percent of the supply cost, while the government continues to subsidise the remaining 35 percent to bridge the gap.

Verheijen said: “I highlighted the fact that, following the increase in Band A tariffs in 2024, current tariffs now cover approximately 65 per cent of the actual cost of supplying electricity, with the Federal government continuing to subsidize the difference.

“Also, while the government is indeed committed to ensuring fairer pricing over the long term, the immediate focus is on taking decisive action to deliver more electricity to Nigerians, ensure fewer outages, and guarantee the protection of the poorest and most vulnerable Nigerians.”

She said the federal government’s power sector priorities include the presidential metering initiative (PMI) conceived to provide more electricity, reducing outages, and protect vulnerable Nigerians.

“One of the most significant steps in this reform is the Presidential Metering Initiative, which is accelerating the nationwide rollout of 7 million prepaid meters, starting this year.

“This will finally put an end to the practice of estimated billing, giving consumers’ confidence in what they are paying for and ensuring transparency in electricity charges.

“Metering will also improve revenue collection across the sector and will attract the investments needed to strengthen Nigeria’s power infrastructure,” the presidential aide added.

By Henry Ukazu

Dear Destiny Friends,

Whether we like it or not, life is indeed a race; a race different from track and field. I call this race the race of life in which only the strongest of the strongest will survive it.

Everyone runs the race of life, directly or indirectly, consciously or unconsciously, wittingly or unwittingly. Whether you are a student, entrepreneur, parent, leader, athlete, child, career professional or pastor, we all are running the race of life in one way or another. This is simply because we want to advance in life.

If one is desirous of moving from point A to point B, they must be intentional to run the race of life. However, this does not apply to those, who likes to remain in their comfort zones or have little or no ambition.

The race of life works in many dimensions. For instance, anyone, who intends to be a professor, must complete a Bachelors and Masters degrees, and Ph.D. in the same vein, anyone, who intends to climb the corporate ladder, must start from being an intern or entry level career professional, and work their way up the corporate ladder to be either the Commissioner, Chief Financial officer, Executive Director, Managing Director, Senator, Governor, President or Chief Executive Officer depending on the industry and areas of interest. All these can only be possible when one runs the race of life efficiently, and has added a substantial level of value to his or her life.

It should be noted that the race of life is personal; nobody will run it for you. You are in charge and responsible for the outcome of your life. Nobody will run the race of your life for you.

According to Jay Z, “Rosa Parks sat so Martin Luther King could walk. Martin Luther King walked so Obama could run. Obama’s running so we all can fly.” This means they all ran the race of life by handing over the baton to you and me.

My late beloved mother will always say, when your mates are running, run with them, otherwise they will leave you behind. Yes, life do happen, but it just simply means that you must do your best by picking yourself up when if you fall. She also said that when a child is born, the child can’t enter his/her mother’s womb again. In the same way, as a progressive mind, you can’t enter your mother’s womb again, and as such you must live your life.  This literally means you must fight for your life by paying adequate attention to your life race.

In this journey called life, nobody will give you anything on the platter of gold, you must show people the reasons you need an opportunity. It’s just like in politics, nobody will literally give you power or any elective position without any corresponding effort on your part either by way of campaigning or showing that you deserve the position. In politics, one must grab power, no leader voluntarily gives up power to his opponent.

In the same way, one must go out to seek whatever they want or desire if really serious about making a headway. Did you know that the more risk, mistakes and opportunities one undertakes, the more luck one attracts.  So, continue to run your own peculiar race because one might not know the inherent and associated futuristic opportunities that will come as he continues to dare to succeed. If one does not try to run his race, one wouldn’t have known what he would have gained.

In my journey to life, I have failed numerous times, and I have also succeeded on several fronts, but one thing I have learnt overtime is the fact that one must step out of their comfort zones and do a little bit more by adding value to their lives in what may be referred to as self-knowledge and personal development. These are the things that will distinguish anyone from their contemporaries.

When you add value to your life, it will be easy for people to identify you. Nobody likes a parasite. The irony of life is that most people like to add water to a cup already filled with water as opposed to adding water to an empty cup. This literally means people go for ripe fruits. This is just the sad reality of life.

Wisdom entails that every one’s path is different, your journey and race is different from mine, and so the ability to know what’s unique about you will go a long way to designing your life. Just to put this in perspective, every morning, a lion knows that if it doesn’t go out and strategize on how to get the deer, or any other prey, it will go hungry for the rest of the day, and if the prey does not run for its life, it will be eaten by the lion. This is just the reality of life. Nobody can save you if you don’t save yourself. This is a typical case of a prudent mind saving money so that the money can save him in future.

Furthermore, and according to Dr. Yomi Garnett, “a giraffe is seen as the tallest but feeds on leaves, and a hyena eats meat and is short. A cow eats grass and gets fat, but if a lion eats it, it will fall flat and die. That is why you should never compare yourself with others. A stream that an elephant considers shallow would swallow a leopard. Therefore, run your own race at your own pace, in your own space to get to the right place without ending in disgrace”.

The moral of this quote is that what works for one person may not work for another person, as a matter of fact, it might even kill the other person. So, focus on the gifts God gave you, and don’t be envious of the blessings of another person. If you develop yourself, you will be celebrated.

In summary, if you are not running, endeavor to walk, if you can’t walk, endeavor to crawl; just ensure that at all times, you are in motion. This is the only way the universe will respond to you. A Latin maxim says, Ex nihilo nihil fit”, meaning that “you can’t build something on nothing”. So if you want streams of water to flow into your ocean, you must have a form of magnetic prowess to attract the water, and this will only work if you know how to run the race life by adding value to your life.

Henry Ukazu writes from New York. He works with the New York City Department of Correction as the Legal Coordinator.  He’s the founder of Gloemi. He’s a Transformative Human Capacity and Mindset coach. He is also a public speaker, youth advocate, creative writer and author of Design Your Destiny Design Your  and Unleash Your Destiny .  He can be reached via info@gloemi.com

The Chairman of Abia State Independent Electoral Commission (ASIEC), Professor George Chima, has been abducted by gunmen.

A family source said Chima was abducted on Friday from his Okigwe residence in Imo State while hosting some lecturers from Abia State University, Uturu.

Spokesperson of the State Police Command, DSP Henry Okoye, confirmed the incident, adding that the police are on the trail of the hoodlums with the aim of rescuing the victim.

He said “Yes, we are aware of the kidnap of the Prof and we have commenced investigations.

“As I speak to you now, the Commissioner of Police, Aboki Danjuma, personally led the team of police operatives to Okigwe.

“The police are assuring all that we will catch the kidnappers,” Okoye said.