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Nigeria’s energy transition plan requires $1.9trn till 2060 – Osinbajo



Osinbajo mourns Diya, as Gov. Abiodun takes over burial arrangements

Vice President Yemi Osinbajo on Monday said that Nigeria’s Energy Transition Plan (ETP) would require funding of about 1.9 trillion  U.S. dollars up to 2060.

Osinbajo represented by the Minister of Power, Mr. Abubakar Aliyu, said this in Abuja while declaring open the ECOWAS Sustainable Energy Forum(ESEF)2022.

”For the sake of emphasis, it is relevant to note that Nigeria’s Energy Transition Plan (ETP) would require funding of about USD1.9 trillion up to 2060.

”USD410 billion of this amount is above usual spending and implies that we need to mobilise an additional USD10 billion per annum.

”The realisation of this goal depends on the implementation of our nation’s Energy Transition Plan (ETP) which was recently launched by this administration.

”Nigeria’s Energy Transition Plan is a prime example of the needed evolution of policies to deliver both the growth in energy consumption necessary for the development and the climate response required for the preservation of our planet.

”Our Energy Transition Plan seeks to tackle the dual crises of energy poverty and climate change, and deliver universal energy access (SDG7) by 2030 and net-zero by 2060.

”It is also a bolder articulation of our commitment to sustainability and renewables as earlier proposed in the Electricity Vision 30:30:30,, which aims to provide 30 Gigawatts (GW)of electricity by the year 2030 with renewable energy contributing at least 30 percent to the energy mix, ”he said.

According to him, the success of universal energy access and carbon neutrality is dependent on effectiveness of crowding in these investments.

Osinbajo said that the Federal  Government planned to roll out a set of policy measures that would attract financing and investments of up to 10 billion U.S. dollars and create scalability of programmes of over 30 billion U.S. dollars over the coming decades.

The vice president said that these policy measures and programmes would be leveraged on, to catalyse the Nigerian ETP; specifically on renewable power.

”For instance, we are updating the Mini-Grid Regulation to raise cap for licensing from 1 megawatt (MW) to 5 megawatts (MW); developing the policy for integration of Utility Scale Solar into the Grid,

”With requirement for 10 percent of on-grid power to come from Solar by 2025

creating a Solar Stabilisation Fund with a target of 100 million dollars to backstop on-grid solar contracts.

”Completing scalable, private sector-driven Renewable Energy Distribution Franchise pilots (all at Financial Close) including: Konexca Distribution model 90 million  dollars with the Kaduna Distribution Company (DISCo)

”Maiduguri Solar Power Island -40 million dollars Kano Interconnected Minigrid – 100MW pilotSecuring 1.5 billion dollars in additional financing through the World Bank to expand the Nigerian Electrification Programme.

”And stabilise the on-grid sector through modernising operations of our Grid and further preparing the grid for renewables, ”he said.

Osinbajo said that Government was also developing innovative data tools such as the Integrated Energy Planning Tool designed in partnership with Sustainable Energy for All (SEforALL) and the SE4All Central Data Management System (CDMS) Web portal (

He said that the government was incorporating Solar PV Alternative Power Supply to select Public Buildings and develop the 3D (Distributed, Decarbonised, and Digitalised) 24 Hours Feeder Programme.

He said that the project would provide uninterrupted power supply to dedicated feeders through a hybrid of grid and renewable power.

”These efforts amplify our commitments and signify our readiness for investments.

”We must work together on strategies and reforms needed to crowd in the investments required for real and impactful projects and progress on the ground.

” To reach our goals, sufficient capital must be made available in the region, and we must do our part in creating the enabling environment for these funds.

”As a region, we must scale such efforts and deliver robust and sustainable energy systems for the prosperity of our people.

”I would like to thank the ECOWAS Commission for their valuable cooperation and encourage all delegates to engage constructively in ensuring the development of enabling policies financing models.

” Private sector participation, and technological applications for a clean and sustainable energy future for the ECOWAS region, ”he said.

On his part, Mr. Juan Sell, Ambassador of Spain to Nigeria and ECOWAS, said that there was need to address energy poverty and security, adding that access to finance and technology must be taken into consideration to tackle these.

Sell said that during the European Union Summit, the EU-Africa Global Gateway Investment Package was launched with the Africa-EU Green Energy Initiative as a key component to consolidate the existing investment and to add new ones.

“In the framework of the new world the annual indicative programme 2021 2027 of the EU we are planning to allocate 600 million Euros of grants funding in the sustainable energy sector in West Africa alone.

”The EU considers equity and I quote from the message that I have been asked to convey as a key partner in the domain of sustainable energy and has the wish and the vision for a close cooperation in the future, ”he said.

Earlier, the President of ECOWAS Commission, Dr. Omar Touray, said that the adoption of original policies on renewable energy and energy sufficiency by the Heads of State and Government in July 2013  mandated the region to achieve energy targets by 2020 and 2030.

Touray represented by Mr. Sediko Douka, ECOWAS, Commissioner for Infrastructure, Energy and Digitalisation, said that the forum would afford them the opportunity to ask the region and stakeholders to take stock of progress to date.

According to him, the commission aims to increase the renewable energy policy in the region to overall electricity mix to 48 percent by 2030 and other policies related to energy efficiency.

He said that ECOWAS was also implementing measures that will add 2000 Megawatts of power generation capacity and in the medium term more than double the annual improvement of energy efficiency.

Doula said that to date, only half of ECOWAS citizens have access to modern energy services and they were constantly deprived of the full benefit of electricity for sustainable development.

He added that if that was not addressed, it would hinder the reason for achieving Sustainable Development Goals (SDGs)by 2030.



SON vows to checkmate quackery in management system practice



SON vows to checkmate quackery in management system practice

The Standards Organisation of Nigeria (SON) says it has mapped out plans to get rid of quacks involved in management system practice in the country.

Its Director-General, Malam Farouk Salim, made this known on Thursday at a one-day stakeholders’ engagement for the National Register for Conformity Assessment Practitioners (NRCAP) in Lagos.

Salim said the move would put an end to unscrupulous individuals who shortchanged companies and individuals.

According to him, the quacks lacked the required competency to operate in the management system space.

Salim said that conformity assessment practice was central to the sustenance of commercial success and continuity in all sectors.

He said that management system practitioners were vital toward ensuring that practices carried out by the industries “are in alignment with the international best practice in terms of the expectations of existing conformity assessment standards”.

“It is in view of the importance of the authenticity and traceability of products and services to meet the requirements of relevant Nigerian Industrial Standards and other approved specifications.

“SON seeks to pursue the implementation of Part II, Section 4(d) and Part III, Section 5 of the SON Act No.14 of 2015.

“Via the operation of the NRCAP scheme, in order to establish a directory of verified and registered Conformity Assessment Practitioners in Nigeria for all laboratories, management system consultants, Training Service Providers, Certification bodies, inspection bodies, inspectors, auditors and assessors.”

He said that lack of regulation of activities of the practitioners over the years had negatively impacted the industry and country significantly.

Salim listed other impacts including: “poor protection of genuine practitioners, unhealthy competition, poor visibility and recognition of genuine and competent practitioners capable of attracting patronage.

“Others are poor value for money for unsuspecting customers patronising quacks who deliver poor services.”

He also said that lack of official register of competent practitioners to aid national planning and coordination of economic activities that border on standardisation and quality assurance was also a challenge to the growth of the economy.

“This engagement is guided by the strategic collaboration/partnership that SON shares with various organisations over time, especially with the SON Management Systems Certification and Training Services Departments with which you interface through your customers, of which you are expected to bring to bear, your wealth of experience to this national call,” he said.

The SON director-general said that the registration processes, including approved guidelines, expectations of benchmarking Conformity Assessment standards and interests while developing the documents, were taken into consideration to ensure that impartiality of the process was assured.

He said that adequate training was given to the practitioners to boost their service delivery.

Earlier, Bode Oke, the First President, Society for Management System Practitioners of Nigeria, said the group would join hands with SON to stem quackery in the system to ensure that consumers get value for money they spent.

Oke said: “We are here to gain more knowledge and to join SON in the registration of all management system practitioners.

“We are going to partner with SON to ensure that the exercise is successful because we have a lot of companies practicing management systems that are not trained and competent.

“We are working together with SON to ensure that we remove all those incompetent people from the system.

“So that whenever a client approaches practitioners for registration, the client will know that he will not be shortchanged and get value for the money spent,” he said.

Oke said that the roles of system practitioners were vital in business growth and development.

He stressed that the system practitioners were responsible for taking companies through quality management systems certification, environmental management system certification, occupational health and safety certification and food management system certification.

“The International Organisation for Standardisation (ISO) has established standards for all management systems.

“And, therefore, anyone that would lead companies to obtain this certification must be competent.

“This is why SON is regulating all the auditors, consultants and even, the certification bodies because we have some certification bodies coming from outside the country that are not competent, so competency is the key word here,” he said.

In her remarks, Patricia Solarin, a Consultant in the Quality Management System Practice, said that standardisation was germane for industrial development.

Solarin said: “There are so many briefcase-carrying consultants that are going around duping clients and most of these consultants did not even pass their audit test and examination.

“Without standardisation or regulations, it will be difficult to stop the quacks. A lot of companies are being shortchanged, because people taking them through certification do not really know much.

“So, SON is trying to register auditors and consultants, which is a welcome development to ensure that people get value for their hard money spent.”

She commended the leadership style of Salim for taking a bold step to tackle the challenges, urging the government to support SON to achieve greater feats.

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NECA wants FG to tackle challenges stifling businesses



NECA wants FG to tackle challenges stifling businesses

The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to demonstrate commitment to addressing monetary and fiscal policy challenges stifling businesses.

The NECA Director-General,  Mr Adewale-Smatt Oyerinde,  made the call in a statement on Thursday in Lagos, listing such challenges as foreign exchange dichotomy, fuel subsidies, multiple taxations, among others.

He made the call, just as he commended the Nigeria Labour Congress (NLC) and government for embracing dialogue to avert the nationwide strike by the workers’ union earlier scheduled to start on March 29.

“The quick response by the government to ease the cash liquidity and the corresponding immediate positive effect on the economy demonstrated that it has the capacity to address policies once it is determined to do so.

“Therefore, we call for similar determination and consultative engagements with the private sector and other relevant stakeholders to proffer solutions to business challenges in order to facilitate competitiveness and productivity, “ he said.

He commended the efforts of the Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, and the Minister of Labour and Employment for personally getting involved.

He also lauded them for monitoring the disbursement to ensure compliance with the bank’s directive to end the cash crunch, of which the economic nerve centre and other areas had started witnessing improvement.

“The CBN has shown goodwill and true support for the ailing economy by immediately disbursing cash to the commercial banks.

“Also, by directing the banks to open beyond their normal working hours to ease the cash crunch in the nation: an action which could have been averted in the first place, “ he said.

Oyerinde, however, warned that the ripple effects of the cash swap policy would linger as it would take considerable time for businesses, especially the informal sector, to recover.

He said that many of them had closed due to low purchasing power of consumers.

The NECA chief said that business activities had stagnated in the last 10 weeks of the implementation of redesigning of the currency policy nationwide.

He said this had led to reduced productive output, high inventory and jobs cut, and impediments to personal and business transactions.

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Court Declares Activities of Kogi Transport Management Agency as Illegal



Court Declares Activities of Kogi Transport Management Agency as Illegal

…Says laws establishing KOTRAMA is inhuman***

A Kogi High Court on Thursday declared the activities of the Kogi Transport Management Authority (KOTRAMA), as illegal.

Justice Clement Kekere of High Court 10 made the order while delivering judgment in a case instituted against the agency by an Abuja-based lawyer,  Mr. Martin Atojoko.

Kereke, who faulted the law establishing KATROMA.

“By the evidence before the court, I hereby order that the Law establishing the agency be set aside forthwith.

“This is because the law made by the state house of assembly contravenes the Provisions of the Federal Road Safety Commission Act 2007.

“In all, the laws establishing KOTRAMA is inhuman, and is established to cause hardship on motorists,” the judge held.

The judge also awarded the plaintiff, N100,000 as general damages against the agency.

Atojoko had sued KATROMA and joined the Kogi House of Assembly, the Attorney-General and Commissioner for Justice and the state government as second, third and fourth defendants in the matter.

Atojoko had prayed the court to compel the defendants to pay him N10 million as general and exemplary damages for inter-alia the first defendant’s unlawful and illegal action of detaining and impounding his car.

The plaintiff had told the court in his originating summon that on June 22, 2022, he was stopped by officers of KOTRAMA over an expired driver’s licence while they impounded his Toyota Corolla car.

“My lord, I only got my car back the next day, after paying N10,000 in fines, an action which is but a contravention of the Federal Road Safety Corps (FRSC) Law of 2007, ” he said.

Atojoko thereafter prayed the court to issue an order declaring that the second defendant could not make laws empowering the first defendant to exercise the powers of the Federal Road Safety Corp (Establishment) Act, 2007 in inspecting the driver’s license of motorists, issued by the FRSC and codifying same in Kogi Road Traffic Administration and Vehicle Inspection Law, 2018.

“A declaration that all the provisions of the Kogi Road Traffic Administration and Vehicle Inspection Law, 2018, empowering the first defendant to exercise the powers of the FRSC in the inspection of the driver’s license of motorists as invalid, illegal, unlawful, null and void ab initio.

“An order that the KOTRAMA cannot fine the plaintiff and impound his vehicle with registration No. 2T1BU4EE9AC312480, without first trying him and finding him guilty before a court of competent jurisdiction.

“An order that the act of the first defendant in impounding the vehicle and fining him without powers to do so is invalid, illegal, unlawful, unconstitutional, null and void, ab initio,” he pleaded.

But KATROMA and other defendants through their Counsel, Mr. B.O. Obenege, had debunked the claims of the plaintiff and said that the agency acted within the ambit of the law that established it.

Obenege claimed that the house of assembly Law that established KOTRAMA was not a duplication of the FRSC Law of 2007.

He prayed the Court to hold that the action of KOTRAMA has not contravened the Kogi Law or any other law, and the claimant was given a summary fine of N10,000, all in accordance with Section 1(3) of the Law.

“In conclusion, we urge your lordship to dismiss the case for lack of merit,” Obenege had pleaded with the court.

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