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President Tinubu has sagacity in finding a lasting solution to Nigeria’s power problems. We need more patience, says Dr. Umar Abubakar

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A Nigerian citizen, Engineer Umar Abubakar, whose heart is drawn towards President Bola Ahmed Tinubu’s capability to proffer needed solutions to Nigeria’s challenges, currently joins his voice to numerous lovers and die-hard believers of the All Progressives Congress political leader and declares support for the President’s sagacity in finding a lasting solution to Nigeria’s power problems.

In his words, Eng. Abubakar stated that the government has achieved significant milestones in improving the transmission network under the able leadership of Engineer Abdulazeez, a member of the Transmission Company of Nigeria.

Mr. Umar Abubakar, who started his primary school education in Kebbi State and proceeded to secondary school and polytechnic, where he was a distinction student, later completed his postgraduate studies and earned a Master’s degree at Ambrose Alli University in Edo State. He subsequently obtained a PhD in Accounting from Nasarawa State University.

To complement the competence of the present government, Eng. Abubakar also declared his vision and mission to work towards achieving the milestones and objectives set by this administration.

He said: “It is evident that the government started amidst turbulence, but by the grace of God, we are gradually achieving stability”. Initially, some people did not understand the government’s direction, but we are now witnessing improvements in the economy. For example, in the past two days, we have seen positive changes in the foreign exchange market and an improvement in balances daily. It has been a wonderful journey with significant foreign investments being realized.

Though we can say that Nigerians are always impatient, it is getting noticed now that the little patience we have extended to the government is yielding results. We have observed the naira appreciating, something we thought would not happen. Fuel is now readily available everywhere, and prices are gradually stabilizing.

The introduction of the CNG project has become one of the cornerstones of this administration. For instance, I recently visited a place where people were queuing to be part of the CNG arrangements. The government is doing well, and I believe 2025 will be a remarkable year with significant economic improvement. Every project encounters challenges at the beginning, but we are overcoming them gradually.

I appeal to my fellow Nigerians to remain patient and dedicated to their jobs to make these milestones achievable. I am confident that, with proper public support, this government will accomplish great things.

The President has good intentions. While the reforms he introduces are commendable, they should be discussed thoroughly to ensure proper understanding and inclusivity. I wish this government success, and I enjoy serving in this glorious administration.”

Working in the Federal Ministry of Power, Eng. Abubakar shared the numerous challenges encountered in the system, noting that these challenges have been identified and steps are being taken to address them.

He further highlighted his experience in finance administration under the Nigeria Deposit Insurance Corporation (NDIC) and other financially inclined agencies, adding that he is also a Chartered Accountant.

“Our administration has significant debts that need to be addressed, and we have introduced schemes to ensure these debts are paid off,” he stated.

According to Eng. Abubakar, the Honourable Minister of Power has taken the grid issue seriously. The solution lies in transitioning from a centralized grid to a mini-grid system, ensuring consistent electricity availability across states.

“The management is working hard to implement these solutions. With the current government initiatives, I believe power supply will be stable by 2025,” he said.

“It is impractical for everyone to have the same electricity band. The bands are designed to ensure fairness. For instance, Band A is for people with more consistent power supply, and naturally, they pay higher tariffs than those with less supply.

The introduction of these bands ensures payment fairness while incentivizing increased light hours. Each state now has the authority to manage its power supply, which aligns with government policies.”

Eng. Abubakar also addressed concerns about power distribution across states. “The Power Ministry is not rocket science; it requires effective administration. Whether the minister is an accountant or an engineer, the focus is on managerial capability. As an accountant, I can develop projections that ensure efficient power distribution.

Nigeria’s challenge is insufficient power generation—5,000 MW cannot meet the needs of over 200 million people. This shortfall must be addressed.”

He emphasized: “If given higher responsibility in the Ministry, with wisdom from the President and collaborative meetings, the power sector challenges can be resolved. Non-performing individuals should be replaced.

It should be noted that some believe Nigeria focuses excessively on hydropower. We need to diversify into other power sources like solar. No country survives solely on one power source. While hydro is cheaper, the government recognizes the need for diversification and is working on integrating other energy sources.

In terms of megawatts, distribution has been privatized, but some companies are not fully prepared for the task. The distribution companies must expand their capacity. It is the responsibility of the President and Minister of Power to ensure distribution is effective.

Until customers experience consistent electricity, the distribution reforms will have limited impact.”

Talking about an assessment of the President’s progress since May 29, 2023, especially in economic reforms, Eng. Abubakar said: “President Tinubu has been exceptional. Though misunderstood initially, he has made tough but necessary decisions. If asked to score him, I would give an 8/10. By the end of 2025, I believe Nigerians will have cause for celebration. The economic and tax reforms, particularly the consolidation of multiple taxes into one, are commendable.

I believe in President Tinubu’s capability to deliver results. With time, I saw the wisdom in his decisions. As an accountant, I recognize that progress requires patience. Prosperous nations have endured similar phases, and we must be willing to persevere.

While Mr. President continues to flourish in directing the affairs of the Nigerian economy, I wish President Tinubu prosperity and appreciate his vision and leadership. I wish him good health, wisdom, and continued success in making transformative decisions for Nigeria.”

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BREAKING: Tinubu declares emergency on security training institutions

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Disturbed by the state of training institutions for the Nigeria Police Force (NPF), Nigeria Security and Civil Defence Corps (NSCDC) and other internal security agencies, President Bola Tinubu has declared emergency on the facilities. 

The emergency declaration was revealed by the chairman, National Economic Council (NEC) ad-hoc Committee on the overhaul of security training institutions in Nigeria and Enugu Governor, Peter Mbah, during an on-the-spot assessment of facilities in Lagos.

Mbah, who was accompanied on the visit by his Ogun State counterpart, Prince Dapo Abiodun, Secretary of the Committee and former Inspector General of Police (IGP), Alkali Usman Baba, as well as Assistant Inspector General of Police (AIG) in charge of Special Protection Unit (SPU), Olatunji Disu, said they have a 30-day deadline to submit a comprehensive report to NEC for action.

He said the President gave the mandate at the last NEC which held on October 23, adding that he categorically told the council that the present state of the security training institutions did not align with his dream of growing the economy to one trillion dollar in the next five years, harping on the need for modernisation.

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NDDC Prepares for Agric Summit, Meets Stakeholders, Says MD

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The Niger Delta Development Commission, NDDC, is hosting a two-day strategic meeting with commissioners, permanent secretaries, and directors of agriculture, fisheries & livestock in the nine Niger Delta states.

The meeting, which kicks off on Thursday in Port Harcourt, Rivers State, would be addressed by the NDDC Managing Director, Dr Samuel Ogbuku, who is expected to outline his plans for a retreat and agricultural summit for the Niger Delta region in line with President Bola Ahmed Tinubu administration’s agrarian programme.

An invitation extended to the stakeholders by the NDDC Director of Agric and Fisheries, Dr Winifred Madume, stated that the Commission was determined to make the Renewed Hope Agenda of the Federal Government a reality in the Niger Delta region by ensuring food security for the people.

Recall that the NDDC Chief Executive Officer had earlier assured that the Commission would align with the President’s vision for agriculture, to ensure that agriculture served as a platform for peace and security in the Niger Delta region.

Ogbuku promised: “Any time from now, the NDDC will convene a mini-agricultural retreat for state governments and commissioners of agriculture. States in the region have their various areas of strength in agriculture. We aim to establish regional agricultural integration, which will later evolve into a regional agricultural summit where a comprehensive master plan for the region’s agriculture will be developed.”

The Managing Director affirmed that the NDDC was engaging all stakeholders to ensure harmony and cooperation in developing the hitherto neglected Niger Delta region.

Reflecting on the Federal Government’s agricultural policies, Ogbuku stressed the need to bring them home to the Niger Delta region, noting that the NDDC would continue to promote policies and programmes that enhance food security and poverty reduction in the states .

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Update : Tinubu approves 15% import duty on petrol, diesel, aimed to protect local refineries

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President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on petrol and diesel imports into Nigeria.

The initiative is aimed at protecting local refineries and stabilising the downstream market, but it is likely to raise pump prices.

In a letter dated October 21, 2025, reported publicly on October 30, 2025, and addressed to the Federal Inland Revenue Service and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Tinubu directed immediate implementation of the tariff as part of what the government described as a “market-responsive import tariff framework.”

The letter, signed by his Private Secretary, Damilotun Aderemi, and obtained by our correspondent on Wednesday, conveyed the President’s approval following a proposal by the Executive Chairman of the FIRS, Zacch Adedeji.

The proposal sought the application of a 15 per cent duty on the cost, insurance and freight value of imported petrol and diesel to align import costs with domestic market realities.

Adedeji, in his memo to the President, explained that the measure was part of ongoing reforms to boost local refining, ensure price stability, and strengthen the naira-based oil economy in line with the administration’s Renewed Hope Agenda for energy security and fiscal sustainability.

“The core objective of this initiative is to operationalise crude transactions in local currency, strengthen local refining capacity, and ensure a stable, affordable supply of petroleum products across Nigeria,” Adedeji stated.

The FIRS boss also warned that the current misalignment between locally refined products and import parity pricing has created instability in the market.

“While domestic refining of petrol has begun to increase and diesel sufficiency has been achieved, price instability persists, partly due to the misalignment between local refiners and marketers,” he wrote.

He noted that import parity pricing- the benchmark for determining pump prices, often falls below cost recovery levels for local producers, particularly during foreign exchange and freight fluctuations, putting pressure on emerging domestic refineries.

Adedeji added that the government’s responsibility was now “twofold, to protect consumers and domestic producers from unfair pricing practices and collusion, while ensuring a level playing field for refiners to recover costs and attract investments.”

He argued that the new tariff framework would discourage duty-free fuel imports from undercutting domestic producers and foster a fair and competitive downstream environment.

According to projections contained in the letter, the 15 per cent import duty could increase the landing cost of petrol by an estimated N99.72 per litre.

“At current CIF levels, this represents an increment of approximately 99.72 per litre, which nudges imported landed costs toward local cost-recovery without choking supply or inflating consumer prices beyond sustainable thresholds. Even with this adjustment, estimated Lagos pump prices would remain in the range of N964.72 per litre ($0.62), still significantly below regional averages such as Senegal ($1.76 per litre), Cote d’Ivoire ($1.52 per litre), and Ghana ($1.37 per litre).”

The policy comes as Nigeria intensifies efforts to reduce dependence on imported petroleum products and ramp up domestic refining.

The 650,000 barrels-per-day Dangote Refinery in Lagos has commenced diesel and aviation fuel production, while modular refineries in Edo, Rivers and Imo states have started small-scale petrol refining.

However, despite these gains, petrol imports still account for up to 67 per cent of national demand.

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