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Tinubu: Full text of what Buhari said in Lagos

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President Muhammadu Buhari on Thursday attended the 10th Bola Tinubu Colloquim in Lagos.

He said he was happy to celebrate the birthday of his friend and political partner.

He called on Nigerians to join him in celebrating Asiwaju Tinubu “a political strategist”.

His full speech below:

“Here, Asiwaju also sets himself apart. I have come to see him as a man who cares about people and who is a fountain of ideas for economic development and improving the situation of the common man and woman. He is a true humanitarian and we appreciate his contributions to Nigeria’s and Africa’s progress.

I salute the Vice President, Professor Yemi Osinbajo and other members, for initiating this colloquium a full decade ago. Over the course of that ten years, we have traveled far in one sense, yet have moved but a few steps in another.

We as a people and a nation are in the midst of a grand endeavor. We seek to change the ways and means of our collective existence, we seek to construct a nation where leaders no longer rule by whim but govern according to law and for the betterment of the people.

We seek to replace corruption with correctness, insecurity with safety and poverty with prosperity.

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The road we tread is rough and hard in spots. The search for progress and reform has its rough patches. Many will fight you and connive to deter the march toward a better land.

But that march is inevitable. There is no mortal hand that can keep us from our best destiny unless that hand be our own.

Thus, we invest in people, we invest in ourselves because we are enlivened by God given faith that tomorrow can be better than today and that good will triumph over evil.

Forums such as this present ideas and spark important discussions that enliven our national discourse and enrich our policy options.

We seek to rebuild what has been wrongfully constructed and to plant a firm foundation for progress where nothing now exists.

Our goal is to bring together every section of the nation and every Nigerian of every creed, every region and ethnic group in mutually beneficial, productive, social, economic and political relationships.

To accomplish our historic mission we must invest in people.

Here, I can say that the expenditures made by this government constitute investment in and for the people. We depend on the people to govern. This government recognizes this, hence our investment in critical areas that touch the lives of people directly.

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Social investment program. The school feeding program. Massive investments in agriculture, a sector that employs over 65 per cent of our people. We strive to set Nigeria on an irreversible path of growth and development. This is the objective that guides our investments and expenditures as a government.

We join hands to build a better country. We are resolute in our commitment to uplift our people and to make Nigeria a better place.

I think my friend Asiwaju would be happy with such a birthday gift.

Happy birthday Asiwaju. May God grant you many more years of good health and service to Nigeria.

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FG Unveils Unbundling Plan for Electricity Distribution Companies

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In a bid to enhance efficiency within Nigeria’s power sector, the Federal Government has initiated the unbundling process for 11 electricity distribution companies (DisCos).

This move aims to streamline operations and bolster effectiveness within the sector, as highlighted by Nigeria’s Minister of Power, Adebayo Adelabu.

Addressing the Senate Committee on Power in Abuja, Minister Adelabu emphasized the necessity of restructuring the DisCos into more manageable entities aligned along state lines.

He stressed the impracticality of current setups, citing examples such as the Ibadan Disco, which spans across seven states, hindering operational efficiency.

Also, Minister Adelabu disclosed the government’s intention to exercise its ownership rights in the DisCos, reclaiming management responsibilities to rectify operational shortcomings. He underscored the imperative of governmental intervention, citing past mismanagement by private sector operators.

In tandem with the unbundling initiative, the Federal Government has directed the sale of DisCos currently under the management of banks and the Assets Management Corporation of Nigeria (AMCON). Four DisCos, including Abuja, Benin, Kaduna, and Kano, are now under bank management due to loan repayment issues, signaling a broader need for industry-wide reform.

The Senate Committee on Power echoed concerns over DisCos’ inefficiencies, advocating for comprehensive overhauls to address longstanding performance deficits. Senator Danjuma Goje decried DisCos’ lackluster contributions to the power sector, labeling them as “complete failures.”

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In response to mounting challenges, Minister Adelabu outlined key strategies to revitalize the sector, including stringent regulatory measures, franchise agreements, and accelerated completion of transmission projects. Additionally, efforts are underway to bridge the metering gap and expand renewable energy capacity to bolster the national grid.

Looking ahead, the Federal Government remains committed to realizing its vision of a robust and sustainable power sector, with plans underway to achieve a target of 6,000MW of power generation by the year’s end. As stakeholders collaborate to address systemic deficiencies, the trajectory of Nigeria’s power sector points towards a future marked by resilience and progress.

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Nigerian Army Dismisses Two Personnel Over Alleged Theft at Dangote Refinery

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The Nigerian Army has swiftly acted on allegations of misconduct within its ranks, as it announces the immediate dismissal of two of its personnel implicated in a reported theft at the Dangote refinery in Lagos.

Director of Army Public Relations, Onyema Nwachukwu, affirmed this disciplinary action in a statement released on Monday.

Corporal Innocent Joseph and Lance Corporal Jacob Gani have been relieved of their duties and handed over to the police for further investigation.

“As a demonstration of NA’s zero-tolerance for misconduct and criminality within its ranks, the two soldiers have been dismissed from the NA with immediate effect and handed over to relevant authorities for further prosecution,” Nwachukwu stated.

Major General Nwachukwu outlined the charges against the soldiers, citing their abandonment of duty post and unauthorized possession of materials. He noted that they were summarily tried and found guilty in accordance with military laws.

“This decisive action underscores the NA’s resoluteness in maintaining its institutional integrity and reputation,” Nwachukwu added. “The NA reassures the general public of its dedication to upholding integrity, discipline, and accountability at all levels.”

“We remain resolute in our duty to protect and serve the nation with honor and dignity,” he concluded.

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Rainstorm plunges forty Ogun communities into darkness

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Forty communities in Ogun State have been plunged into darkness following a rainstorm on Sunday.

The downpour, which began midday, destroyed electricity facilities in some parts of the state, leading to a blackout.

“Due to broken poles occasioned by the heavy downpour at Ota and Mowe, customers in the following communities: lyana lyesi, Osuke Town, Egan Road, lyana Ilogbo, Ijaba, Ijagba, Itele, Lafenwa, Singer, Joju, Alishiba, Oju Ore, Tollgate, Eledi, Akeja, Abebi, Osi Round About, Ota Town, Ota Industrial Estate, Igberen, lju, Atan, Onipanu, Obasanjo, Lusada, Arigba, Odugbe, Ado-Odo, Igbesa, Owode,” the Ibadan Electricity Distribution Company (IBEDC) said in a statement late Sunday.

“Olokuta, Hanushi, Bamtish Camp Lufiwape, Eltees Farm, August Engineering, Spark Cear Soap Ayetoro, Amazing Grace Oil, Christopher University, Royal Garden Estate, Pentagon Estate, and environs are experiencing power outages”.

It called on residents of the areas to avoid “contact with the broken poles, saggy wires or any other electrical installation affected by the rain.

“Our technical team is working to clear and replace the broken poles and installations to ensure power supply is restored as soon as possible,” IBEDC said.

A video circulating on social media showed fallen electricity poles on vehicles in a flooded Sango-Ota area of the state.

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