Electricity: FG Pays Over $120m To Offset Gas Debts

The Federal Government says it has paid $120m out of the $1.3bn owed gas firms for the supply of gas for the running of power plants in Nigeria.

The Minister of Power Chief Adebayo Adelabu, said the development was due to gas suppliers stopping the supply of gas for the generation of electricity over the indebtedness of the sector to producers

Nigeria’s power generation has dropped in recent weeks. According to the Minister of Power Chief Adebayo Adelabu, the development was due to gas suppliers stopping the supply of gas for the generation of electricity over the indebtedness of the sector to producers.

But during the 7th Nigeria International Energy Summit, the Director, Decade of Gas Secretariat Ed Ubong said the Federal Government has paid part of the debts.

“As of last year, that (gas debts) was about $1.3bn, depending on how you add up the numbers. But I am pleased that between October and the end of January, the government has paid over $120m to offset some of that money,” Ubong said in Abuja on Thursday.

He said: “More importantly, the government is also now working on a framework that can mitigate most of that failure. That’s a piece of work that is ongoing and we hope that it will be approved and then the industry can move away from that legacy issue.

“We must build capacity for that. Capacity for the engineers, and technicians that will work in this new gas sector that we are looking at for the next eight months. And as the secretary, we are committed to that,” Ubong added.

Tension In Uruagu Nnewi As Community Leaders Dare Soludo,Defy Court Order

The President of Uruagu-Nnewi Development Union, Chief Sunday Okoli aka Organizer, and the Obi of Uruagu-Nnewi community in Nnewi North local government area of Anambra State, His Majesty Afamefuna Charles Obi, have swept Soludo's directive to the gutters, by reason of their suspension and subsequent dessolution of the leadership of the community's youth forum, led by Ejike Ifejiofor, and subsequent appointment of caretaker executive to pilot the affairs of youths in the community. The Anambra governor had, through a letter dated August 9, 2024, signed by the Permanent Secretary, Anambra State Ministry of Youth Development, Dr. Martin Agbili, warned the community leaders to stay any action regarding suspension of the Uruagu-Nnewi youth forum. The community had, through its PG, Chief Okoli, written to the Ministry of Youths Development, notifying the ministry of "immediate suspension" of the youth group over alleged insecurity in the area. But the ministry,...

Tinubu Appoints Chioma Awuzie Substantive Rector, Fed Poly Oko

President Bola Ahmed Tinubu has approved the appointment of Dr. Chioma Irene Awuzie as the substantive Rector of Federal Polytechnic, Oko, Anambra State. Dr. Awuzie's appointment, which takes effect immediately for a five-year term, follows the recommendation of the Polytechnic's Governing Council, chaired by Sen. Dr. Barnabas Gemade, after a transparent and competitive selection process where she emerged as the leading candidate. Prior to her appointment, Awuzie, who holds a Doctorate Degree in Physical and Materials Chemistry, was a distinguished Chief Lecturer in the Department of Science Laboratory Technology (Chemistry Option) and also Director in-charge of Tertiary Education Trust Fund (TETFund) Projects in the Polytechnic. Under her stewardship, Federal Polytechnic, Oko, witnessed unprecedented advancements in infrastructure and institutional transformation. Her leadership facilitated monumental developments across the Polytechnic’s campuses in Oko, ...

Federal Polytechnic Oko Holds Two-Day Recruitment Interview to Address Staff Shortages

The Federal Polytechnic, Oko, Anambra State, has begun a two-day interview exercise aimed at recruiting qualified personnel to fill vacant positions arising from staff retirements and other forms of exit from service. The exercise commenced on Tuesday at 10:00 a.m. and is being overseen by the Rector, Dr. Chioma Irene Awuzie, who personally announced the names of shortlisted candidates. Addressing the applicants, Dr. Awuzie cautioned that while many candidates were invited for the exercise, only a limited number would eventually be engaged, citing budgetary constraints facing the institution. She urged the candidates to remain patient and understanding throughout the process. According to the Rector, the recruitment exercise was structured to ensure transparency, fairness, and strict compliance with approved financial limits. Speaking with journalists at the interview venue, the Acting Registrar, Chief Dominic Nwagwu, explained that the exercise became necessary...