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Oyo Senator, Balogun breaks silence, kicks against electricity tariff hike
Senator Kola Balogun, representing Oyo South Senatorial District, last Thursday broke silence on the electricity tariff hike.
Balogun, who is also a member of the Senate Committee on Power kicked against the increase in electricity tariff implemented by power distribution companies across the country, just as he absolved the Senate of being part of the decision.
The lawmaker maintained that any policy that will further inflict more hardship on the masses will always be rejected.
Meanwhile, the Nigerian Electricity Regulatory Commission (NERC) had on August 27 informed that electricity tariff reviews, going forward will only follow service-based principles.
According to NERC, DiSCos will only be able to review tariff rates for customers when they consult with them and commit to increasing the number of hours of supply per day and quality of service.
Senator Balogun, during a media parley with the Southwest Group of Online Publishers (SWEGOP) in Ibadan, the Oyo State capital further disclosed how the Committee rejected the plan to increase electricity tarrif at a meeting organised by the National Electricity Regularly Commission (NERC), in Lagos.
“Sometimes last year, NERC invited us to a meeting in Lagos where they came up with this proposal to increase electricity tariff and quite a number of us on that day rejected it out rightly, we said we will not support it.
“Because, how can you charge people for what they are not getting? That’s our position. Go and improve on your performances.
“Look at the telecoms. When NITEL was unbundled and we now have GSM, people are willing to pay, they are still paying because they are getting the services .
“So, how can I go back to my district and tell them that I agreed with the tariff to pay more for what they are not getting, it doesn’t make sense. I know we spoke against it and we left it at that. So we didn’t support it”, he explained.
Balogun, however continued, “But, it is safe for us to pass a law or amend an act to stop any situation, that is what is binding. As we speak I still don’t support it because timing is wrong, even if they have enough reasons to increase, how can you do that at this material time of COVID?”, he questioned.
The PDP chieftain noted that the problem in power sector started with the way and manner the system was unbundled. He alleged that the players lacked the wherewithal; both technical and financial muscle to perform optimally.
“Already we have 8,000MW, deliverable is still about 3,000-4,000MW; because they are not investing in transmission infrastructure.
“So, they don’t give them more than they can take, because if the load goes back, it will damage the system. And of course, distribution also has its own problem.
“If we have 5,000 MW deliverables, Nigerians will witness mass improvement in our electricity supply and then you can imagine if we have about 7, 000 MW deliverables.
“They said they don’t have the off takers which is not true. They also complained about inability to collect revenues from the general public and that the federal government is also owing them a lot of money. But, we say go and get prepaid meters. So what the federal government is trying to do now is likely to procure prepaid meters for them. If you have prepaid meters you make more money because nobody will take your electricity without paying”, he submitted.
Balogun also commended the federal government for bringing Siemens to invest in transmission infrastructure.
According to him, “What the federal government is doing now, I am in support of it. The federal government is bringing Siemens to invest in transmission infrastructure. In fact it took a little argument before the owners of the transmission business allowed that to happen because there is always an agreement.
“In fact, we have to really be diplomatic, almost being persuasive for them to allow Siemens to come in and they have done a lot of feasibility study and they are bringing in almost everything that we would need to invest in transmission infrastructure; although with a loan from France”, he added.
News
NNPCL Refutes Shutdown Claims: Port Harcourt Refinery Fully Operational
The Nigerian National Petroleum Company Limited (NNPCL) has dismissed media reports suggesting that the recently resuscitated old Port Harcourt refinery has been shut down, labeling such claims as baseless and misleading.
In a statement issued in Abuja on Saturday, the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, clarified that the refinery, with a capacity of 60,000 barrels per day, is “fully operational.”
The facility resumed operations two months ago after years of inactivity.
“We wish to clarify that such reports are totally false, as the refinery is fully operational, as verified a few days ago by former Group Managing Directors of NNPC,” Soneye said.
He added that preparations for the day’s loading operation are currently underway, emphasizing that the public should disregard the claims.
“Members of the public are advised to discountenance such reports as they are the figments of the imagination of those who want to create artificial scarcity and rip off Nigerians,” Soneye stated.
The old Port Harcourt refinery is part of the country’s efforts to revive its local refining capacity. Three years ago, the Federal Government approved $1.5 billion to rehabilitate the plant, which was initially shut down in 2019 due to operational challenges.
Despite being one of the largest oil producers globally, Nigeria has long relied on fuel imports to meet its domestic needs, swapping crude oil for petrol and other refined products. This dependency, coupled with government subsidies, has strained the nation’s foreign exchange reserves.
The recent return of the Port Harcourt refinery to operation follows the commissioning of the Dangote refinery, which began petrol production in September 2024. These developments are expected to reduce Nigeria’s reliance on imports and address long-standing issues in the petroleum sector.
News
Bank Robberies Now History in Lagos Since 2014 – IGP
The Inspector General of Police, Kayode Egbetokun, has declared that the era of armed and bank robberies in Lagos State is a thing of the past, attributing the success to the collaborative efforts between the police and the state government.
Egbetokun made this statement on Thursday during the 18th Annual Town Hall Meeting on Security organized by the Lagos State Security Trust Fund (LSSTF). He noted that since 2007, only one bank robbery had been successfully executed in the state, which occurred in 2014.
“There was a time when armed robbery and bank robbery were common in Lagos. However, I can confidently say that since 2007, only one bank robbery succeeded, and that was as far back as 2014. The days of armed robbery and bank robbery are gone,” he said.
The IGP commended the Lagos State Government for its consistent support, emphasizing the critical role it has played in maintaining security in the bustling economic hub of the nation. He highlighted the challenges posed by the state’s continuous internal migration, with thousands of people moving into Lagos daily, creating additional security demands.
“What we are doing here today is the usual assistance the state government has been giving to the police. Without this, we would have been overwhelmed with insecurity in Lagos State,” Egbetokun added.
At the event, Governor Babajide Sanwo-Olu further demonstrated his administration’s commitment to security by donating over 250 brand-new patrol vehicles, along with hardware, communication gadgets, and protective gear to the police.
In his address, Sanwo-Olu outlined the government’s efforts to scale up the use of technology and data for improved security and traffic monitoring. He revealed plans to deploy drone technology for surveillance of waterways and densely populated areas.
“The EGIS component of our mapping and digitalization has almost been completed. Lagos is now properly mapped, and drone technology will be deployed to enhance monitoring, crowd management, and traffic assessment. This will ensure real-time responses to incidents,” the governor explained.
News
Chad Terminates Military Partnership with France
Chad announced Thursday that it was ending military cooperation with former colonial power France, just hours after a visit by French Foreign Minister Jean-Noel Barrot.
“The government of the Republic of Chad informs national and international opinion of its decision to end the accord in the field of defence signed with the French Republic,” foreign minister Abderaman Koulamallah said in a statement on Facebook.
Chad is a key link in France’s military presence in Africa, constituting Paris’s last foothold in the Sahel after the forced withdrawal of its troops from Mali, Burkina Faso and Niger.
“This is not a break with France like Niger or elsewhere,” Koulamallah, whose country still hosts around a thousand French troops, told AFP.
At a press briefing after a meeting between President Mahamat Idriss Deby and Barrot, Koulamallah called France “an essential partner” but added it “must now also consider that Chad has grown up, matured and is a sovereign state that is very jealous of its sovereignty”.
Barrot, who arrived in Ethiopia on Thursday evening, could not immediately be reached for comment.
– ‘Historic turning point’-
Chad is the last Sahel country to host French troops.
It has been led by Deby since 2021, when his father Idriss Deby Itno was killed by rebels after 30 years in power.
The elder Deby frequently relied on French military support to fend off rebel offensives, including in 2008 and 2019.
It borders the Central African Republic, Sudan, Libya and Niger, all of which host Russian paramilitary forces from the Wagner group.
Deby has sought closer ties with Moscow in recent months, but talks to strengthen economic cooperation with Russia have yet to bear concrete results.
Koulamallah called the decision to end military cooperation a “historic turning point”, adding it was made after “in-depth analysis”.
“Chad, in accordance with the provisions of the agreement, undertakes to respect the terms laid down for its termination, including the notice period”, he said in the statement, which did not give a date for the withdrawal of French troops.
The announcement comes just days after Senegal’s President Bassirou Diomaye Faye indicated in an interview with AFP that France should close its military bases in that country.
“Senegal is an independent country, it is a sovereign country and sovereignty does not accept the presence of military bases in a sovereign country,” Faye told AFP on Thursday.
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