Nigeria to Generate $7.5bn From Grid Solar Energy
The Minister of Environment Hajiya Amina Mohammed has projected that the country can generate $7, 5 billion (about N15 trillion) from of grid solar energy.
This is even as the Coordinator of Nigerian-German Energy partnership, Dr. Jeremy Gaines, has lauded the Federal Government’s 13,000MW plans for electricity through solar energy over the next decades.
Speaking at the just held Conference of Parties on Climate Change, otherwise known as COP 21, in Paris, France, the minister said: “In particular, we plan to develop around 13,000 gigawatt of off-grid solar power, delivering energy access to the poorest communities in a cheaper and healthier manner with less emission.
We also plan to create a more efficient,lower carbon oil and gas sector. By ending gas flaring and using the gas for commercial purposes, including power generation, we could generate as much as $7.5bn worth of benefits.”
According to her, given the climate risks that Nigeria faces, this is the only way in which the government’s ambitious Agriculture Transformation Agenda can be delivered
“Nigeria’s ambitious INDCs aim at reducing emissions by 20 per cent by the year 2030 with support from the international community. This will support the restructuring of the economy in a way that will facilitate inclusive growth with vast opportunities to diversify the energy mix, with emphasis on renewable energy and efficient gas power,” she added. However, Dr. Gaines commended the government for the ambitious, Intended Nationally Determined Contributions, INDCs, which have been set for Nigeria.
He further added that promoting renewable energy as a primary sustainable development strategy for socio-economic inclusion that is good for the global environment, but is even better for ordinary Nigerians, while at the same time simply making business sense, the so called triple bottom line.
“A massive roll-out of on and off-grid solar power is one of the areas that the Nigerian German Energy Partnership and Germany’s GIZ (through its Nigerian Energy Support Plan) has consistently advocated.
“Through GIZ the German government has been busy supporting Nigeria with getting all the homework done to enable a strong rise in off-grid solar PV systems.
The Paris climate summit has put longer-term financing mechanisms in place to assist here. Such a roll-out is especially meaningful if integrated with the deployment of agricultural facilities (irrigation pumps, etc.) as this could be a key to unlocking socio-economic growth in particular in the North of the country.
“It is probably too early to set concrete targets for the volume of off-grid solar until the various technical and financing challenges have been overcome. But the Minister’s determination to push the development of such systems shows the administration’s welcome resolve to embark down this path,” he added.
The managing director, Zaphnaah Nigeria Limited, Mr. Debo Adefolaju, added that, “It can be done, but a lot of things are attached to it.
“Is not just about clearing land and installations or putting the panels on a roof, it has to be attached to industries for it to be worthwhile.
“Meaning, either we are going to be using it for irrigation or we are going to set-up a plant to be manufacturing solar panels or batteries nearby, so that for the purpose of illustration, everything we are doing should be gear into employing our youth.
“Everything will have a value chain, either the installation; we have to train our boy and girls to install, to do the wiring, to maintain the system after it has been installed. As far as am concern it all about employment,” he stated.
He further said “Nigeria is blessed with everything. We get between 12 and 14 hours of sunlight, our business should be first in the six geopolitical zone to start manufacturing solar panels.” NIMASA is doing it in Nigeria, we also need to be producing battery in Country, we cannot afford to be importing everything.”
“We need to get people who will be willing to set factory. In Ghana, such factories exist, if we can bring those guys here to come and work with our boys and girls here, and start manufacturing solar panels, wire, and battery and have a quality in place to recycle battery when they run down and be able to adopt a culture of maintenance.”
Asiwaju Bola Tinubu Petitions NBC to Sanction Channels TV Over Alleged Breach of Broadcasting Code
Asiwaju Bola Tinubu, the President-elect, has reportedly filed a petition with the National Broadcasting Commission (NBC), calling for the sanction of Channels Television for allegedly breaching the Nigerian Broadcasting Code.
The petition alleges that the TV station allowed its guest, Labour Party Vice Presidential candidate Datti Baba-Ahmed to make several incendiary comments that impugned the integrity of the 25 February 2023 Presidential elections.
According to Tinubu’s petition, Baba-Ahmed claimed that the Labour Party won the election, which is “a fallacy and not correct,” and he alleged that President Buhari should not swear in the President-elect because he did not score 25% of the vote in the FCT, which is a prerequisite for being declared the winner.
Tinubu also accused Baba-Ahmed of making subversive, inciting, and inflammatory comments, which breached the Nigerian Broadcasting Code.
The petition calls on NBC to apply sanctions against Channels TV, stating that the TV station’s guest was “not only provocative but also inciting the public and the Labour Party followers to delegitimize the outcome of the elections but also propagate resistance against the incoming duly elected administration of Bola Ahmed-Tinubu and Kashim Shettima.”
This development comes amid tensions and uncertainties surrounding the aftermath of the 2023 Nigerian Presidential elections with some political parties and their supporters contesting the results and calling for a rerun. The Nigerian Broadcasting Code aims to regulate the activities of broadcasters and ensure that they promote national unity, peace, and social harmony, among other objectives.
NBC is yet to respond to Tinubu’s petition or issue any statement on the matter. However, this petition highlights the need for broadcasters and media houses to uphold journalistic ethics and professional standards, especially during sensitive periods like elections.
Court of Appeal Upholds Adeleke’s Victory in Osun State Governorship Election
In a landmark judgement, the Court of Appeal sitting in Abuja has affirmed the victory of Senator Ademola Adeleke as the rightful governor of Osun State.
The ruling, which comes as a surprise to many, overturned the decision of the Osun State Governorship Tribunal which had earlier nullified Adeleke’s election victory.
Following the governorship polls in the state, an Election Petition Tribunal had sacked Adeleke from office, citing his failure to secure the majority of lawful votes during the July 16 governorship polls. However, in a unanimous agreement by a three-man panel led by Justice Mohammed Shuaibu, the Court of Appeal quashed the tribunal’s judgment and gave its verdict to uphold Adeleke’s victory.
The Appeal Court Panel revoked the tribunal’s order which directed that a Certificate of Return be withdrawn from Adeleke and issued to his predecessor and All Progressives Congress (APC) candidate, Gboyega Oyetola. The panel held that the Osun State Tribunal was wrong to have said that there was overvoting, a claim that only relied on the evidence by Oyetola and the APC, and as such, doesn’t prove their case in any way.
The judge faulted Oyetola and APC, that they only relied on the data from the back end server and failed to look at the voters register which forms the foundation of the whole electoral process and as such, cannot strengthen their allegations of overvoting. The court also resolved in favour of Adeleke on the issue of jurisdiction, stating that section 285(8) of the constitution as amended, the court has every right to entertain the appeal.
The ruling is a significant victory for the Peoples Democratic Party (PDP) and Adeleke, who had been locked in a legal battle with the APC over the governorship position since the election. Many Nigerians have applauded the Court of Appeal’s decision as a step towards consolidating the country’s democracy and upholding the rule of law.
The decision has also set a precedent for future electoral disputes in the country, as it highlights the importance of credible evidence in proving electoral malpractice claims. This ruling has shown that allegations of overvoting cannot be sustained without concrete evidence from the voters register, and political parties must be thorough in their investigations and presentation of evidence in such cases.
NIMC: Presidential Council Faults N1000 NIN Fee, Demands Review
The recently announced N1000 National Identification Number (NIN) verification fee for the application, issuance and renewal of international passports by the National Identity Management Commission (NIMC) has been criticised.
The Presidential Enabling Business Environment Council, PEBEC faulted the mandated charge and called for a review.
Investors King had earlier reported that NIMC declared that Nigerians living in the country will pay N1000, while Nigerians residing in other African countries will pay $3 or its equivalent in other currencies and those in other continents across the world will pay $10 or its equivalent in other countries as NIN verification fee for application, issuance and renewal of their international passports.
Reacting to the development, the Special Adviser to the President on Ease of Doing Business/PEBEC Secretary, Jumoke Oduwole, in a statement, emphasised the need for a review to make citizens enjoy quicker and less expensive government services.
Oduwole, who commended the collaboration between NIMC and Nigerian Immigration Service (NIS), said such a partnership will enhance passport services.
She noted that stakeholders are not impressed with the extra charge to be paid for the NIN verification before they can process their passports.
According to her, the outline of the Business Facilitation (Miscellaneous Provisions) Act 2022 signed into law by the President Muhammadu Buhari on February 8, 2023 states that where an applicant requires the service of a ministry, department or agency, the MDA involved is mandated to conduct the necessary verification or certification from relevant MDAs, in respect of the applicant.
Investors King understands that PUBEC was set up in 2016 by President Buhari with the aim of curbing hectic bottlenecks and bureaucratic limitations accompanied with owning and managing business enterprises in Nigeria.
The chairman of the council is the vice president, Prof. Yemi Osinbajo. PUBEC has since its existence periodically issued EO1 Compliance Reports containing monthly reports of Ministries, Departments and Agencies submitted to the council.
News3 weeks ago
Npower Pays November, December Stipends; Gives Update on Next Step
Finance1 week ago
Npower Release Update on Failed Payment, Send Validation Link to Affected Beneficiaries
Cryptocurrency3 weeks ago
90 Million People Use Cryptocurrency in Nigeria – Report
Technology4 weeks ago
Africa Emerges as The Worst Performing Region in Internet Value
Fintech3 weeks ago
Nigerians Turn to Digital Banks as Traditional Banking Apps Face Challenges
Government4 weeks ago
Bola Tinubu Emerges Winner of Nigeria’s 2023 Presidential Election
Billionaire Watch3 weeks ago
Aliko Dangote, Johann Rupert Sit Atop Africa’s Forbes Richest Persons List in 2023
Government4 weeks ago
FG Approves N39.6bn For Power Sector to Revamp Electricity