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Reps Vow to Correct Electricity Sector Wrongs, Recover Govt’s Investments

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By Ubong Ukpong, Abuja

Speaker of the House of Representatives, Abbas Tajudeen has said that the House was determined to correct the wrongs that have plagued the nation’s electricity sector in the last 17 years, as well as recover government’s investments in the sector.

The Speaker who spoke at the commencement of investigation into the power sector reform regretted that the nation’s power sector has undergone serious challenges that has hindered growth ans inefficiency.

The Speaker represented by Chairman House Committee on Environment, Hon.

Mike Etaba

said the House owe it to Nigerians as a constitutional duty to ensure that the reforms intended to enhance service delivery, increase capacity, and improve infrastructure are not just on paper, but are effectively implemented and yielding the desired results

The Speaker said “electricity as we all know it, is the lifeblood of modern civilization as no nation attains sustainable progress without reliable power supply. From our factories to our schools, our hospitals to our homes, electricity determines productivity, quality of life, and our collective economy.

“Regrettably, the Nigerian power sector has witnessed numerous challenges that have hindered its growth and efficiency. It is about time we looked into the reforms implemented over the past 17 years, to understand their successes and shortcomings, and to ensure that we pave a path that benefits all citizens”.

He said further that “the establishment of this Ad-Hoc Committee is not only timely and necessary; it is formed in recognition of our responsibility to the people as stipulated pursuant to the provisions of Section 88 and 89 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), and Order 20 Rule 7 of the Standing Orders of the  House of Representatives which empowers the National Assembly to conduct investigations and inquiries into the conduct of affairs of government ministries, departments, and agencies.

“As our constitutional duty of oversight, we owe it to Nigerians to ensure that the reforms intended to enhance service delivery, increase capacity, and improve infrastructure are not just on paper, but are effectively implemented and yielding the desired results.

“Therefore, we must ask ourselves: Have these reforms fulfilled their promises? Have they led to the expected improvements in service delivery? And most importantly, have they been executed with integrity and in the best interest of our citizens?

‘As we embark on this important journey, I urge all members of the committee to approach their duties with diligence, openness, and a commitment to the truth. Your work will be crucial in shaping the future of our power sector and, by extension, the policy formulation of the sector. I encourage you to engage with stakeholders, listen to the voices of the people, and be fearless in your pursuit of the truth.

“In a broader context, it will be admirable if the outcome of this exercise spurs reliable and modern energy recommendations in line with Sustainable Development Goal (SDG) 7 as the world is moving toward sustainable energy solutions. Our investigation should consider not only the historical context but also the future we envision for our power sector—one that is sustainable, innovative, and inclusive.”

Chairman of the ad hoc committee, Arch. Ibrahim Almustapha Aliyu said the task before the committee is to conduct an Audit and Investigate Nigeria’s Power Sector Reforms and Expenditure from 2007 to 2024, assuring that they critically examine investments in the sector that has profound implications for our nation’s development.

He said “the journey of Nigeria’s power sector over the last two decades has been marked by ambitious goals, substantial investments, and, unfortunately, persistent challenges. The reforms introduced were intended to revitalize our energy landscape, spur economic growth, and improve the quality of life for all Nigerians.

“However, the reality on the ground tells a more complex story—one that requires thorough investigation and honest reflection.

Our mandate is clear: to conduct a comprehensive audit and investigation into the power sector’s reforms and expenditures during the period of 2007 to 2024, in line with Sections 88 and 89 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) which empower the National Assembly to investigate the conduct of public officers, agencies, and institutions entrusted with public funds, and to expose inefficiency, waste, or corruption in governance.

“We aim to trace the flow of funds, assess the implementation of policies, and evaluate the effectiveness of projects and initiatives undertaken during this period. This will not only illuminate areas of success but also identify and address systemic failures and inefficiencies that have hampered our progress.

“The task ahead of us is immense, and it necessitates a collaborative approach. We are committed to engaging with all relevant stakeholders, including government agencies, private sector actors, civil society, and the Nigerian public at large.

“Transparency, objectivity, and diligence will be the cornerstones of our proceedings.

As we embark on this investigative hearing, let us be guided by an unwavering commitment to the truth. Our objective is not merely to identify problems but to propose actionable solutions that can drive genuine and sustainable improvements in our power sector.

“It is essential that we build a robust framework that safeguards public resources and delivers on the promises of improved power supply for every Nigerian”.

POLITICS

FG Spends N1.16trn on Fuel Subsidy as Crude, Products Losses Account for N16.20b

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By Eze Okechukwu, Abuja

The Federal Government of Nigeria spent a whopping N1.16trillion on fuel subsidy, losing N16.20billion to crude and product issues while deducting a total of N1.20trillion from the federation account as sales and proceeds in 2021.

Disclosing this in Abuja yesterday during his presentation to the Senate Public Account Committee (SPAC) probing the 2021- 2023 Audit Report on the Oil and Gas Industry conducted by Nigeria Extractive Industries Transparency Initiative (NEITI), the Chairman of Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Dr Mohammed Bello Shehu added that pipeline repairs gulped N22.

05billion and strategic stock holding N6.75billion in that fiscal year.

Speaking further, the RMFAC boss revealed to the Committee that during the period, the intention of the derivation objective was undermined by the way it was computed.

“The practice of computing 13% derivation on the balance of revenue after deductions from the total collections is contrary to the intention of the derivation objective “, he said.

However the Senate Committee Chairman on Public Account who was a former Accountant General of the Federation, Senator Ibrahim Dankwambo stood down the reports of the Niger Delta Development Commission ( NDDC) ‘s submission saying the measure was to offer members enough time to study the report while ordering the Agency to reappear midweek.

Senator Dankwambo who was visibly upset following the non – appearance of the Auditor – General of the Federation for the investigative session without any valid or representative however threatened that the Auditor General must unfailingly appear before the Committee on Tuesday next week or risk a forced appearance through the invocation of the powers of the National Assembly.

” The Auditor – General must unfailingly appear before this committee on Tuesday next week or risk invocation of powers of the National Assembly against him , which will lead to forced appearance”, he said.

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POLITICS

Orile-Agege Council Chairman Flags off Monthly Business Grant Disbursement

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The Chairman of Orile-Agege Local Council Development Area (LCDA) of Lagos State, Akinola Idowu, has flagged off the disbursement of N100,000 monthly business support grants to selected residents.

The programme was held on Thursday at the council secretariat with 50 beneficiaries in attendance.

In his address, Idowu said that the initiative fulfilled his administration’s promise to improve welfare and promote grassroots economic development in Orile-Agege.

He reaffirmed commitment to people-oriented governance aimed at improving livelihoods, encouraging entrepreneurship and reducing poverty in the council area.

The chairman urged beneficiaries to invest the funds in productive ventures that would grow businesses and create employment opportunities.

He assured that the monthly empowerment would be sustained, with more deserving residents from every ward benefiting in subsequent editions.

“Governance is meaningful only when it directly impacts the lives of the people,” Idowu said.

He reiterated resolve to implement programmes that promote inclusive development, economic prosperity and shared progress across Orile-Agege LCDA.

Peju Owolabi, one of the beneficiaries, commended the chairman for the timely intervention to strengthen small businesses and support household incomes in the LCDA.

Another beneficiary, Miss Basanya Taofikat, thanked the leadership of the council for the support and prayed for a successful tenure for the chairman’s administration.

Adeshina Ademola, a shoemaker and a beneficiary lauded Idowu for contributions to grassroots development.

Ademola said that the grant would help expand his business.

Other beneficiaries described the initiative as a testament to the administration’s dedication to empowering residents and fostering self-reliance.

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POLITICS

City Boy Movement Replaces Oyo Coordinator over Alleged Misconduct

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The City Boy Movement (CBM) has replaced its Oyo State Coordinator, Ahmed Ajibola, following allegations of gross misconduct, insubordination, and conduct prejudicial to the interests of the organisation.

This is contained in a statement issued in Ibadan on Thursday by the Director-General of the Movement, Mr Francis Shoga.

Shoga said that Ajibola’s replacement followed allegations of making offensive comments about the Movement’s patron, Seyi Tinubu and derogatory remarks directed at President Bola Tinubu.

The movement’s D-G also accused Ajibola of engaging in conduct capable of bringing the image and reputation of the City Boy Movement into disrepute.

The CBM consequently announced the appointment of Adewale Oladiti as the new Coordinator for Oyo State.

Oladiti’s appointment, Shoga said, was due to his commitment, grassroots engagement, and willingness to contribute to the growth and advancement of the organisation in the state.

The City Boy Movement is a support group associated with the political interests of President Bola Ahmed Tinubu.

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