Connect with us

news

Breaking : 10 years Failure, DisCos renewals will not be automatic, the power sector privatisation failed, Says Tinubu

Published

on

Ten years after the partial privatisation of the Nigerian Electricity Supply Industry, NESI, the Federal Government, on Monday, admitted that the exercise had failed to meet its objectives.

The government described as shameful the current generation, transmission and distribution level of just over 4,000 Megawatts.

Speaking in Abuja at the 2023 NESI Market Participants and Stakeholders Roundtable, NMPSR, President Bola Tinubu said after 10 years of privatisation about 90 million Nigerians were still without power supply.

The three-day conference has as theme: ‘NESI privatisation and its 10-year milestone: the journey so far, opportunities and prospects’.

Represented by the Special Adviser, Energy and Infrastructure, Office of the Vice President, Mr Sodiq Wanka, President Tinubu noted that the investments expected from the private sector never came.

According to him, “the key objectives of the privatisation effort were to improve the efficiency of the power sector, unlock private sector investments and unleash the potential of the nation through an energized economy.

“10 years on, I believe it is fair to say that the objectives of sector privatisation have by and large, not been met.

“Over 90 million Nigerians lack access to electricity. The national grid only serves about 15% of the country’s demand. This has left households and factories to rely on expensive self-generation, which supplies a staggering 40% of the country’s demand.

“What is worse, the total amount of electricity that can be wheeled through the national grid has remained relatively flat in the last 10 years.

“The grid capacity has increased from just over 3000Mw to typically just over 4,000Mw today. Versus a 40,000Mw target by 2020 that the Federal Government had set pre-privatisation.”

Blackout as Nigeria’s electricity generation drops 93.5% to 273MW
‘No automatic renewal of licence’
On his part, the Minister of Power, Mr. Adebayo Adelabu expressed misgivings over the decision of the past government to embark on privatisation, noting that commercialisation would have been the best option.

Mr Adelabu stated that the licences granted to investors in the assets would not be automatically renewed until they prove that they have met the terms contained in the original licence.

According to him, “The question for everyone is: have we achieved the objectives of the privatisation on the scale of 0-100? I will say no.

“Which is why it is pertinent for all the players in the industry to come to a roundtable to discuss the reasons for the failures and steps to be taken to remedy this.”

He noted that the government ought to have commercialised the sector in 2013.

The Minister pointed out that “most countries throughout the world do not privatise their electricity supply value chain, from generation to transmission and distribution.

“But, bad enough that we have done this, how can we work around the current status to achieve our priorities and objectives? This is not a job for one person or entity but it requires collaboration from all players.”

Chief Adelabu warned that at the expiration of operational licences of the distribution companies, DisCos, renewals will not be automatic.

“Ten years down the line, the licences are expiring and it is now the time for renewals. Renewals are not automatic. Any of the privatised company that has not lived up to expectations will not have its licence renewed,” he stressed.

In his remarks, the Senate President, Godswill Akpabio pointed out that while the sector had been acknowledged as critical to the economic growth of the country, not much has been achieved.

Senator Akpabio who was represented by the Chairman of the Senate Committee on Power, Eyinaya Abaribe, noted that while some progress has been made, the objective of improving power supply to Nigerians has remained unmet.

He said the parliament was committed to backing the sector with laws that would create the best business environment for the sector, adding that an amendment of the 2023 Electricity Act was underway that would take into cognizance of the latest developments in the industry.

Earlier, the Chairman of, the Conference Organising Committee, Prof. Stephen Ogaji described the challenges facing the power sector as formidable.

Prof Ogaji pointed observed that “without a doubt, the energy sector is the heartbeat of any thriving economy, and the NESI Roundtable demonstrates our collective commitment to advancing this critical sector.

“We gather here today as representatives from various sectors — public and private, regulatory bodies, investors, technocrats, and visionaries — all driven by a shared purpose, which is to enhance and shape the trajectory of Nigeria’s energy future.”

Continue Reading
Click to comment

Leave a Reply

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

news

Zamfara Signs MoU with REA, Stakeholders to Boost Renewable Energy

Published

on

…….Tegbe, REA MD Commend Lawal as Zamfara Unveils Electricity Policy today

The Minister of Power, Chief Joseph Olasunkanmi Tegbe, and the Managing Director/Chief Executive Officer of the Rural Electrification Agency (REA), Dr. Abba Abubakar Aliyu, have joined the Zamfara State Governor, Dauda Lawal, to launch the state’s Electricity Policy and inaugurate renewable energy projects aimed at enhancing electricity supply across the state.

The event, held on Wednesday, November 4, 2026, in Zamfara State, was themed “Enhancing Power Supply” and attracted key stakeholders in the electricity and renewable energy sectors.

A major highlight of the occasion was the signing of a Memorandum of Understanding (MoU) between the Zamfara State Government, the Rural Electrification Agency and other stakeholders, in the presence of the Minister of Power, to strengthen collaboration and accelerate the development of renewable energy infrastructure in the state.

Speaking at the event, Tegbe and the REA Managing Director emphasised the importance of renewable energy, particularly solar power generation, as a sustainable solution to the country’s electricity challenges.

They highlighted the need to harness Zamfara State’s abundant solar energy potential to expand electricity access, strengthen power generation capacity and provide reliable and affordable electricity to residents, businesses and industries.

The officials also commended Governor Dauda Lawal for his commitment and initiative towards developing solar-powered electricity infrastructure, describing the state’s efforts as a significant step towards achieving sustainable energy development and improving the living conditions of the people.

They further highlighted the ambition to upgrade solar power generation capacity to 200 megawatts (MW), noting that increased investment in renewable energy would contribute significantly to the state’s economic growth and development.

The Minister and the REA Managing Director also stressed the importance of collaboration between federal and state governments, development partners and private-sector investors in achieving sustainable electricity supply.

The launch of the Zamfara State Electricity Policy, alongside the inauguration of renewable energy projects and the signing of the MoU, represents a significant step in the state’s efforts to strengthen its electricity sector and embrace cleaner and more sustainable energy sources.

The initiative is expected to improve electricity access, stimulate commercial and industrial activities, attract investment, create employment opportunities and support socio-economic development across Zamfara State.

The development also aligns with the Federal Government’s commitment to expanding electricity access and accelerating Nigeria’s transition towards sustainable and renewable energy.

Continue Reading

news

Nigeria Moves Closer to State Police as National Assembly Prepares Bill for Tinubu

Published

on

The National Assembly has commenced “administrative processes” to transmit the proposed State Police Bill to President Bola Ahmed Tinubu for assent.

This followed the National Assembly’s receipt of reports of the Bill’s approval by 28 State Houses of Assembly across the country.

The Clerk to the National Assembly, Kamoru Ogunlana, disclosed this in a statement on Tuesday in Abuja.

Ogunlana said the number of state legislatures that had approved the constitutional amendment exceeded the constitutionally prescribed threshold of 24 states.

On the next stage of the process, the Clerk said the necessary administrative arrangements were being made to facilitate the transmission of the bill to President Tinubu for assent in accordance with the Acts Authentication Act.

“In view of the approvals secured from the required number of State Houses of Assembly, the necessary administrative processes are being undertaken to facilitate the transmission of the Bill to His Excellency, the President of the Federal Republic of Nigeria, for assent,” the statement added. NigerianNews Updates

The bill, which seeks to amend the 1999 Constitution to provide for the establishment of State Police Services and related matters, was transmitted to the 36 State Houses of Assembly on September 16, 2026, for consideration and approval.

Ogunlana said the 28 state approvals represented more than the two-thirds majority required under Section 9 of the Constitution for a constitutional alteration.

The statement explained that the state legislatures were initially requested to communicate their decisions to the National Assembly within 30 days, with the deadline expiring on October 15, 2026.

However, the Clerk clarified that his office would continue to receive reports from state assemblies beyond the deadline until the bill was transmitted for presidential assent.

“The stipulated period elapsed on 15 October 2026, but my Office shall continue to accept reports from the State Houses of Assembly until the bill is transmitted for assent,” Ogunlana stated.

He said the Office of the Clerk had received and verified reports from 28 state legislatures, confirming that they had approved the proposed constitutional amendment.

According to him, the number exceeded the constitutionally required minimum of 24 state assemblies, representing two-thirds of the 36 states of the federation.

The statement further disclosed that the Office of the Clerk had conducted administrative verification of the reports and accompanying Votes and Proceedings to establish their authenticity and ensure that they accurately reflected the decisions of the respective state legislatures.

“The Office has also undertaken the necessary administrative verification of the reports and accompanying Votes and Proceedings to establish their authenticity and ensure that the records accurately reflect the decisions taken by the respective State Houses of Assembly,” he said.

Ogunlana also clarified the legislative procedure for constitutional alteration bills, noting that Section 9 of the Constitution does not expressly require a Third Reading, unlike the procedure applicable to ordinary bills.

“It is pertinent to clarify that Section 9 of the Constitution does not expressly prescribe a Third Reading for a Constitution Alteration Bill, unlike the procedure applicable to ordinary Bills,” he stated.

The proposed amendment is expected to provide the constitutional framework for the establishment of state police services, allowing individual states to operate police formations within their jurisdictions under the provisions of the amended Constitution.

The proposal has featured prominently in national discussions on security sector reforms, particularly amid concerns over insecurity, including kidnapping, banditry, terrorism and other criminal activities across different parts of the country.

The National Assembly said the approval process reflected the cooperation of the state legislatures in considering the constitutional amendment.

“The National Assembly appreciates the cooperation and timely response of the State Houses of Assembly in the consideration of this important constitutional amendment, which represents a significant step in the ongoing efforts to strengthen Nigeria’s security architecture and deepen the country’s federal system,” Ogunlana said.

He assured Nigerians that the Office of the Clerk would continue to provide timely and accurate information on developments relating to the constitutional amendment process.

Continue Reading

news

Atiku’s Son Throws Weight Behind Tinubu, Promises 10 Campaign Buses

Published

on

Abba Atiku Abubakar speaks during a visit to the APC National Secretariat in Abuja, where he pledged 10 buses for President Bola Tinubu’s 2027 re-election campaign.

Abba Atiku Abubakar, son of former Vice-President Atiku Abubakar, has pledged 10 buses to support mobilisation for President Bola Tinubu’s re-election campaign ahead of the 2027 general elections.

Abba made the pledge during a visit to the All Progressives Congress National Secretariat in Abuja on Friday, according to a statement issued by the party’s Senior Special Assistant on Youth Mobilisation to the Deputy National Chairman, Yusi Buba.

He was received by the APC Deputy National Chairman (North), Bukar Dalori, during the visit.

Buba said Abba commended the party’s leadership and Tinubu’s administration, expressing support for the President’s continuity in office.

So This Happened (EP 378) reviews: Toluwanisings’ burial sparks dispute between wife and father0:04 / 1:01

“In a demonstration of his commitment to the political engagement ahead of the 2027 general elections, Hon. Abba Atiku Abubakar announced the donation of ten buses to support activities aimed at mobilising support for the re-election of President Bola Ahmed Tinubu and Vice President Kashim Shettima in 2027,” the statement said.

The APC aide said Dalori welcomed Abba and acknowledged his pledge of 10 buses as support for the party’s mobilisation activities ahead of the 2027 elections.

The development followed Abba’s announcement of a nationwide mobilisation plan for Tinubu’s re-election and the unveiling of the Haske Bola Tinubu Organisation, a political support platform.

Speaking at a press conference in Abuja on Friday, Abba said the organisation would begin its activities in the Federal Capital Territory before expanding to other parts of the country.

He also announced plans for a two-million-man mobilisation march across the six geopolitical zones, beginning in Abuja.

Abba had defected from the Peoples Democratic Party to the APC in January, declaring support for Tinubu’s second-term ambition.

Abba’s father, Atiku, is the presidential candidate of the African Democratic Congress for the 2027 general election.

Continue Reading

Trending

Copyright © 2025 Newsthumb Magazine | All rights reserved