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Tinubu’s Steady Progress In Power Sector

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By Bello Aminu

Despite cynical analysis of the power sector by critics, Bello Aminu argues that the president is making steady progress in the complex industry

To be sure, Nigeria’s power supply crisis is a multi-decade, multi-faceted challenge, defying even some of the country’s most respected public figures who were picked in the past to oversee the sector.

A deputy minister who once headed the ministry said in 2012 that Nigerians must resolve to exorcise the ‘evil spirit’ preventing the country from making headway in its efforts to banish darkness from the government. Ultimately, she left the country in more darkness than she met it.

Although it’s still too early for an in-depth assessment of President Bola Tinubu’s administration in terms of the progress made in the Nigerian Electricity Supply Industry (NESI), one thing is certain: The president is not taking his pledge to ‘light up’ the country lightly.

So, on the 1st anniversary of the Tinubu administration, it would not be out of place to appraise the initial steps taken to ensure that the electricity supply gap is bridged as soon as possible.

The president clearly understands the critical role that a reliable power supply plays in any modern economy. That was why in his 2024 New Year message to Nigerians, he expressed his intention to fast-track electricity projects and private investments into the power sector.

“My administration recognises that no meaningful economic transformation can happen without a steady electricity supply in 2024,” the president said. Since then, the president has moved to back his words up with the necessary action.

Cognisant of how much the unnecessary over-centralisation of the power sector has negatively impacted the growth of the industry for decades, days after he took over the reins of power, the president immediately moved to decentralise and liberalise the sector.

The reforms in the sector took him first to the amendment of the Electricity Act, to break the federal government’s monopoly in electricity generation, transmission and distribution nationwide.

With the amendment, that law now allows the subnational governments to take charge of the entire value chain of power supply management in their jurisdictions, marking a major shift from the past where leaving the power sector in the exclusive legislative list only hobbled the development of the industry.

Several states, including Enugu, Ondo, and Ekiti, have since started setting up their electricity regulatory bodies in preparation for the new conducive environment being created by the current administration.

Secondly, President Tinubu, with a full grasp of the negative impact that legacy and current debts owed the operators in the power supply value chain were having on the system, especially Generation Companies (GenCoS) as well as Gas Companies (GasCos), has since moved to offset the huge outstanding.

Penultimate week, the Minister of Power, Adebayo Adelabu, to the relief of operators, announced that the president had approved that N130 billion be paid from the gas stabilisation fund to the gas suppliers.

Earlier, the Coordinating Director of the ‘Decade of Gas,’ Ed Ubong, had also made it public at an event in Abuja that over $120 million had been paid as part of the dollar-denominated debts owed gas suppliers.

This is expected to go a long way in providing some level of liquidity to the suppliers and therefore by extension put the power supply to the grid in a better stead.

Thirdly, although still meagre when compared with Nigeria’s massive population of over 200 million persons, there has been a substantial ramping up of electricity supply throughout the value chain, meaning that for the first time in three years, over 5,000mw of power was achieved on May 3, 2024.

The minister of power, Adelabu, has further assured that in the coming months, this will be increased to 6,000mw from an average of about 4,000mw, describing even the current increase as still unacceptable.

“Beyond paying the legacy debts, we’re moving around 4,000mw, 4,500mw and it is no longer acceptable. So what we are looking at is to have an agreement to ramp up to a minimum of 6,000mw within the next three to six months.

“I believe we still have the infrastructure to generate between 6,000mw and 6,500mw. In terms of the generating companies, I have no doubt in my mind that the existing capacity can give us 6,500mw once there is stability in the supply of gas,” the minister assured.

In addition, in November last year, the president met with the German Chancellor, Olaf Scholz on the sidelines of the G20 Compact with Africa Economic Conference in Berlin, Germany in his abiding effort to ensure that the power supply challenge is resolved.

The crux of that discussion was on the current Siemens Power project under the Presidential Power Initiative (PPI) and with the support of the German government, which seeks to clean up the entire power supply value chain and remove extant bottlenecks.

In all, the scheme seeks to first deliver 7,000mw of electricity to the national grid in phase one, ramp it up to 11,000mw in phase two of the programme and then expand the country’s electricity supply to 25,000mw in the third phase.

Before Tinubu became president, timelines had been missed already. But to underscore his seriousness with going forward with the Siemens deal, the president followed up the first meeting with the German Chancellor with another one in Dubai, United Arab Emirates (UAE) in December, leading to the signing of agreements to accelerate the scheme.

In all of these, what has become obvious is that on the power supply issue, President Tinubu is not resting on his oars, not since he became Nigeria’s leader. To underscore its renewed commitment to the project, Siemens Energy has also successfully delivered 10 units of power transformers and 10 units of mobile substations on the back of that deal in the last few months.

On the important issue of metering, the federal government is looking to achieve an injection of 3.5 million meters into the power sector, comprising 1.5 million meters through the World Bank Distribution Support Recovery Programme and 2 million meters through the Presidential Metering Initiative.

This is very important because with more metering, the constant illiquidity in the power sector is expected to reduce considerably and with more funds available, additional investment will be made by the operators and ultimately lead to the achievement of economies of scale. With economies of scale will come a likely taming of tariffs, especially like the recent one for premium electricity customers.

Concerning the perennial challenges surrounding the metering of military formations in the country, the federal government recently announced the release of N12.7 billion to provide meters in those facilities across the country. Already, 50,000 prepaid electricity meters have been procured and are to be installed in military establishments across the country.

It appears unfair to judge a nascent government on a sector as problematic as the power sector in its first 365 days in office, but even if we were to go that route, it’s not all gloom and doom. The Tinubu government appears to know exactly what to do and how to do it in the power sector.


Aminu, an energy economist, writes from Kano

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Ose Anenih: The folly of an insolent son

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By John Igbinovia

Dear Ose,

I read, with consternation, your pathetic attempt to defend your dad, “Mr. Fix-It” (sorry, Chief Tony Anenih), in your rather insolent rejoinder to Mr. Bayo Onanuga’s passing reference to the original author of “No Vacancy in Aso Rock”.

A truly sensible boy would have avoided getting involved in such sensitive issue, lest ancient family skeletons were excavated from shallow grave.

Not surprising, a firestorm of ripostes has since greeted your juvenile musings in the media space.

However, I observed a few points were missing in those epistles. Hence, this addendum of sorts.

Ose, it is obvious your dad told you lots of “tales by the moonlight”, to gaslight your impressionable mind. Far from principled, your dad’s politics was characterised by treachery and mercantilism. Your dad not only betrayed MKO and Nigerian nation as SDP chairman in 1993, but also Shehu Musa Yar’Adua who had made him SDP chair at the Jos convention in March 1993.

At the 1994 national confab sponsored by the military to “bury June 12”, General Shehu Yar’Adua (Rtd) had moved the motion for Abacha to end military rule latest by January 1996, with your dad as one of the foot-soldiers at the confab.

Of course, that resolution by the confab headed by Justice Adophus Karibi-Whyte riled dictator Abacha. Hence, the intrigues that necessitated the confab to adjourn indefinitely, almost immediately.
Not long afterward, Yar’Adua was detained over the 1995 “phantom coup”.

And no sooner had the confab recovened thereafter than your dad switched loyalty to Abacha after accepting a dirty brief to move a motion to counter the motion earlier moved by Yar’Adua. Just like Judas Iscariot betrayed Jesus Christ over 2,000 years ago!

That was the sort of politician your dad was, Ose.

As almighty Minister of Works under Obasanjo between 1999 and 2003, your dad was a total failure, who spent his time and public resources rather acquitting himself as PDP’s “Mr. Fix It” (euphemism for chief election rigger).
So much that some fellow PDP members were enraged by your dad’s style. One of them was, in fact, bold enough to openly challenge your dad to account for over N300 billion (equivalent of $3bn then) appropriated for Works ministry in the federal budget. That individual was no other than the then Abia State Governor, Orji Uzor Kalu.

Ose, you can goggle this. In case you doubt me.

By the way, I also noticed your listing (Tom) Ikimi among the June 12 witnesses. On this, I am sure your dad must have turned in his grave. For your information, “Mr. Fix It” and Ikimi were implacable political foes, till the very end. Under Abacha, Ikimi, as Foreign Minister and exponent of “Kabukabu diplomacy”, used his proximity to Abacha to oppress and suppress your dad. Such that the Iyasele of Esanland had to depend on returns from his 2-star, “short time” hotel in Uromi to survive. In fact, he was reduced to a mere cheer leader under Don Etiebet’s party, CPC, between 1997 and 1998.

And when he returned to “business” under Obasanjo post-1999 as “Mr. Fix It”, your dad characteristically exacted a pound of flesh by ensuring the garrulous apostle of “Kabukabu diplomacy” was in Siberia in Edo politics and national PDP.
So, Ose, how dare you now mention Ikimi’s name and your dad’s in the same breadth?!

Lastly, I noticed your roll-call of “witnesses” are mostly PDP members. Hmm. But aren’t you ashamed these same PDP folks whom your dad “empowered” in Edo in his time were not even charitable enough to gift you PDP ticket when you contested the PDP primaries in Edo in 2022?
Hmmm. Pikin wey no get sense!!!
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President Tinubu and June 12

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By Tunde Rahman

Around this period in 1993, precisely on June 12, 1993, the day of that historic election, this writer operated in two different but mutually reinforcing capacities. While I was the Political Correspondent of the old Daily Times, covering the then-unfolding electoral process in Abuja, I was also an officer in the Nigerian Election Monitoring Group monitoring the poll in the federal capital. It was an important day in the nation’s life, as it was in my journalism career. The late Professor Omo Omoruyi, an intellectual giant and the brains behind General Ibrahim Babangida and his transition programme, who designed most of the electoral ideas introduced by that regime, including Option A4, had put the election monitoring group together.

As the Political Correspondent of the Daily Times, I had an uneasy sense of foreboding when the then National Electoral Commission, which had been announcing the results of the election on a display board mounted at the commission’s headquarters then at Area 10, Abuja, suddenly stopped adding new results after results from 14 states had been announced. I promptly filed a story on this strange and disturbing development. The next day, the late Dr. Femi Sonaike, Editor of the Daily Times at the time, ran a front-page editorial demanding the continuation of the publication of the results. I was beside myself in ecstasy at the NEC HQ, celebrating the editorial and Dr. Sonaike’s bravery and boldness. For a government-owned newspaper, the editorial was an unforgivable affront to the military. As it turned out, that was the last edition Dr. Sonaike edited as Daily Times Editor. He was instantly removed from office.

Then began a sad spiral of events, culminating in an announcement formally annulling that free and fair election. A dark pall descended on the nation. The country erupted in turmoil, with almost daily protests against the election’s annulment. The rest did not simply become history, as they say, but a profound history with compelling lessons.

This piece is not an odyssey of my journalism career. It’s about President Bola Tinubu and the undocumented contributions to June 12, particularly after that annulment. Tinubu played a frontline role in the conception and later agitation of the National Democratic Coalition (NADECO), which stridently fought for the de-annulment of June 12.

At the time of the election, he was a Senator of the Federal Republic. In defiance of the military, he and others reconvened the Senate that had gone on recess, during which they demanded the de-annulment of the poll or immediate termination of military rule.

For his agitation, the military hounded him. His residence at Balarabe Musa Crescent in Victoria Island, Lagos was petrol-bombed by agents of the junta who thought he had been burnt alive. However, he escaped abroad and continued the agitation, providing direction and funding for NADECO Chieftians abroad. All of that had been widely publicised and commended.

Many may also recall that iconic and viral picture, which circulated online, where Asiwaju Tinubu was seen behind the late Bashorun MKO Abiola as Abiola went to confer with the late dictator, General Sani Abacha, on the June 12 matter. The significance of that event signposted Asiwaju’s relationship with MKO as a trusted ally and his essential role in the then-unfolding struggle. Asiwaju Tinubu, it was learned, warned the late MKO to tread cautiously and be wary of Abacha or the military over June 12. As he often says, the military uniform is called camouflage, and camouflage, according to him, is a synonym for deception.

It is thus unsurprising that much of his contributions, particularly after June 12, remained indelible years after the death of Abiola, owner of the stolen mandate. The profundity of June 12 is evident in the fact that its ghost has refused to go away years after the restoration of democracy in 1999. President Olusegun Obasanjo, who inherited power on a silver platter and his Peoples Democratic Party, carried on as though oblivious of the historical import of June 12 and the ominous pall that its years of neglect had cast on the nation’s democratic system. Although the late President Umaru Musa Yar’Adua inaugurated the Justice Muhammed Uwais Electoral panel to reform the nation’s electoral process after admitting his election in 2007 was flawed, he battled ill-health for the better part of his presidency to think of June 12. President Goodluck Jonathan also remained seemingly unfazed about that annulled poll. For 16 years after the democratic renewal, the PDP government carried on with the utter neglect of June 12 and its symbolic place in our democracy.

However, President Buhari took bold steps to resolve the June 12 conundrum and put Abiola in his rightful place even in death. Recognising him as the winner of June 12 and as President, Buhari bestowed on MKO posthumously, the highest national honour of GCFR reserved for presidents. He also declared June 12 a national public holiday. Buhari gave Abiola’s running mate in the election, Ambassador Babagana Kingibe, the second-highest honour of GCON. Buhari’s gesture won him admiration and commendations.

Many didn’t know that Asiwaju Tinubu had made the recommendation to President Buhari.
Addressing the National Assembly last Thursday, President Tinubu again commended Buhari for this critical decision: “Let me pay tribute to former President Muhammadu Buhari for reaching back into history to rectify a national misdeed by making June 12 Democracy Day and by officially acknowledging Chief Moshood Kashimawo Olawale Abiola and his running mate, Babagana Kingibe, as the victors and thus duly elected President and Vice President respectively of Nigeria after the June 12, 1993, elections.”

President Tinubu completed the restitution for Abiola and other heroes of democracy that Thursday. He conferred posthumous national honours on Kudirat Abiola, MKO’s wife, and other heroes. Agents of the military junta killed Kudirat on the streets of Lagos in the wake of the June 12 struggle.

It is relevant to state that certain things are instructive about President Tinubu and June 12. Tinubu became President in 2023, 30 years after June 12. Is this simply a coincidence or divinely ordained?
The late MKO Abiola christened his campaign manifesto “Hope 1993: Farewell to Poverty.” President Tinubu called his own Renewed Hope Agenda for a Better Nigeria.

Now, has the ghost of June 12 been finally laid to rest? Is MKO’s vision for Nigeria alive in Tinubu’s presidency? Vice President Kashim Mustapha Shettima thinks so.

Speaking during the public lecture commemorating the 26th year of unbroken Democracy, VP Shettima said decades after the June 12 debacle, providence returned the baton of Abiola’s struggle for a better Nigeria to “one of his most trusted lieutenants—President Tinubu.”

He affirmed that, based on the final account of Abiola’s life, the military could not take away or extinguish hope. “It is this faith in the promise of Abiola’s vision that has renewed the hope of this nation,” he said.

The work is not entirely done. Although the recent resolution of the National Assembly adopting June 12 of every year for the Presidential Address is a step in the right direction, as it will help to institutionalise June 12 and immortalise Abiola, I think MKO deserves full recompense for his contributions and for paying the supreme price for Nigeria’s democracy. The government should pay the debts if actually it owes Abiola some money, as his family claims.

In the meantime, President Tinubu’s pronouncements last Thursday at the hallowed chamber of the National Assembly stand as homage to resilience and a bold reminder of what might have been.

-Rahman is a Senior Assistant to the President on Media and Special Duties.
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Two Years of President Tinubu: Two Stories Behind the Positive Numbers

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By Tunde Rahman

Economists and commentators have written and said much about the positive trajectory and indicators signposting Nigeria’s economic growth. These indicators indicate that the reforms embarked upon by President Bola Tinubu since assuming office two years ago have begun to engender successful outcomes. The reforms are paving the way for economic recovery. The facts are self-evident and they speak for themselves too.

According to a World Bank report, the GDP grew 3.4% in 2024, the highest in a decade. Inflation is tumbling and is currently at 23.7%. The government is meeting its debt obligations. After the Central Bank of Nigeria cleared the forex backlog amounting to $10 billion, the debt-service-to-revenue ratio fell from around 100% to below 60%. Foreign reserves, which instill confidence in investors to come in and exit with their profits as they wish, now stand at $38 billion.

Just as remarkable is how national revenues have increased exponentially, resulting in unprecedented increases in allocation to sub-nationals. Such growth has been a significant shot in the arm, giving them the much-needed fiscal impetus to fund projects and cater to the welfare of their people. The increased revenue also helps partly finance key infrastructure projects such as the Lagos-Calabar Coastal Road and the Sokoto-Badagry Superhighway. Last week, President Tinubu inaugurated the completed Phase 1, Section 1 (30km by six lanes) of the 750km Lagos-Calabar Coastal Highway.

These strides have been phenomenal. But there is more work for the government to do. The administration also has a few challenges to tackle. The macroeconomic gains highlight the need to impact microeconomics. The positive economic statistics must impact the living standards of the most significant number of our people. They must affect their living standards, especially the cost of essential goods and services. The government needs to reduce unemployment significantly, just as it needs to make the country much safer.

However, as I have often argued, President Tinubu’s achievements in two years are not mere happenstance. They did not come by wishful thinking. They result from a bold vision outlined in his Renewed Hope Agenda, uncommon courage, and unrelenting hard work.

This piece explores just two stories that speak to the courage, audacity and determination of President Tinubu to do things differently. The first happened a day before President Tinubu’s trip to Rome, Italy, on May 17, 2025, for the inauguration of Pope Leo XIV. Invited by the new Pope, the President’s decision to attend the event, accompanied by Catholic bishops, was remarkable in the context of the President’s religion and that of his vice-president. In the build-up to the 2023 election, the opposition claimed the two leaders would turn the country into an Islamic state. That did not happen. Instead, they are running an administration that is blind to religion. Christians, Muslims, and adherents of other religious leanings get their dues.

I was at the residence to see the President around 2 pm just after he had performed the diplomatic ceremony of receiving letters of credence from some ambassadors. From that period, he was in his home office, working on files and receiving governors, top government functionaries and other guests who had visited till around 11 pm. Those who visited included Imo State Governor Hope Uzodimma, Secretary to the Government of the Federation Senator George Akume, Attorney-General and Minister of Justice Lateef Fagbemi(SAN), Minister of Solid Minerals Development Mr. Dele Alake, Minister of Marine and Blue Economy and former Osun State governor, Alhaji Adegboyega Oyetola, as well as top businessmen including Alhaji Samad Rabiu of BUA Group. In that long period, the only other thing that went into that office was his lunch. It’s not an isolated pattern. The fact deducible from all this is a bewildering work ethic. President Tinubu works unusually long hours. He devotes virtually all his time to the Nigerian project. So, his success is a product of hard work.

His uncommon courage and audacity are well known. His policy options, particularly removing the unsustainable subsidies on fuel and forex, were things leaders before him found appropriate and desirable if the country must move forward but lacked the courage to implement. Fuel subsidies were corruption-laden, while the multifarious foreign exchange windows incentivised arbitrage. For instance, between January and June 2023, fuel subsidies alone gulped N3 trillion, and the bulk went into the pockets of the oil cabal.

An important subtext of this story could be glimpsed from Mr. President’s response when I asked him about the influx of governors, lawmakers, and top chieftains of other parties into the All Progressives Congress. He replied: “Yes, they are coming because they have seen the success of our policies. The economy has virtually rebounded, and the country has turned the corner. Do you think they would defect to our party if I’m not doing well, and the policies have turned awry?”

President Tinubu hardly allows any opportunity to bask in well-earned moments of glory to elude him. He often says, “I have a bragging right here. It is my turn to brag over this.”

The President is, however, not unmindful of the fact that the macroeconomic gains achieved by his administration thus far have not fully impacted the streets and pockets of our people. He has also spoken of this. At the inauguration of Phase 1 of the Lagos-Calabar Coastal Road referenced earlier, President Tinubu appealed to Nigerians to be patient with him.

“I know your expectations are still very high at this stage, and our people are still going through difficult times. I take this opportunity to appeal to all Nigerians that hope is here, and it is realisable,” he said, adding: “You would be proud of the benefits; there is light at the end of the tunnel. Inflation is coming down; we have eliminated the corruption in the exchange rate; the corruption in fuel subsidy is now limited to the barest minimum. It is all for you, the people; we are reducing the cost of manufacturing and encouraging manufacturing locally. We give all incentives for everyone to abide by the principle. May God bless our country; may God bless Lagos State and keep our fighting soldiers safe,” he said.


-Rahman is a Senior Special Assistant to the President on Media & Special Duties.
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