Adelabu: Tinubu Has Raised Power Generation by 50% in about Two Years

•Seeks collaboration with Nigerian engineers on sector’s challenges

Emmanuel Addeh in Abuja

The Minister of Power, Chief Adebayo Adelabu, has said that President Bola Tinubu met power generation at 4,000mw, but has raised it to roughly 6,000mw, about 50 per cent increase by a THISDAY estimate.

Adelabu spoke in Abuja during the visit of the  Nigerian Society of Engineers (NSE),  led by its President, Margaret Oguntala, to discuss areas of collaboration between the organisation and the ministry. 

The minister called for stronger relationship between the NSE and the Federal Ministry of Power, especially in addressing  challenges in the  power sector, hinting that as a country with so many engineers, this hasn’t seemed to reflect in resolving Nigeria’s power sector issues.

While reviewing the activities of the federal government since the present administration took over, according to a statement by his spokesman, Bolaji Tunji,  noted that it took Nigeria nearly 40 years to increase power from 2000 megawatts  in 1984 to 4000 megawatts in 2022.

In  less than two years of the present administration,  he stated that this has increased to 6003 megawatts, adding that although it is not where the country should be, it shows that the administration of  President Bola Tinubu is focused on turning around the power sector.

“In 1984, the country generated  2000 mw of electricity and this was not increased to 4000 mw until about 40 years later, to around 2022 or so. We are about two years old now, but we have been able to increase it to 6,000 megawatts.

“This can be attributed to the  efforts of President Bola Tinubu and the realisation of the importance of the sector as a major factor to galvanise the economy”, the minister said.

The discussion further centred on strategic partnerships, mentorship opportunities, and the crucial role of NSE in providing technical advisory support to the ministry on power-related issues.

According to the minister, considering  the number of engineers that the country has produced, Nigeria  should have migrated from the engineering-related problems facing the nation, especially  in the power sector.

“I want to challenge the body to let your activities impact on the efficiency of the critical infrastructure of the ministry. On this, you must  be seen to have lived up to your responsibility. We have so many engineers in Nigeria, yet our power infrastructure is still like this.

“ NSE was established in 1958, that is about 67 years ago and yet we are still having grid collapse, so what are  our engineers doing? Should  it be like this? The answer is definitely, no,” Adelabu lamented.

He advised the NSE to focus on the challenges besetting  infrastructural development, saying that such efforts to develop the country is the way to show patriotism and nationalism.

“It is a slight on us if we cannot address these challenges, so I’m calling on your society to let us work together in addressing Nigeria’s problems, using your expertise. The ministry does not give  jobs out without such a company being a member of your society. 

“We are not  like any other ministry or government agency, the power sector is unique. So on our part, we are fulfilling our obligations to you but you have not reciprocated this to us,” he told the visiting NSE team.

Adelabu also emphasised the importance of manpower development and training and enjoined the NSE to take it seriously.

“I also want the NSE to take the issue of training very seriously. The profession needs constant training and retraining. We have a very vibrant training institute, the National Power Training Institute (NAPTIN) that you can partner with in this aspect of training.

“ It is unfortunate that the issue of training has been relegated to the background. The last crop of our engineers that were trained were those from the old National Electric Power Authority (NEPA). We must go back to that era of rigorous training of our engineers,” he stressed.

In her remarks,  the NSE president  promised that the body would take up the challenge by  the minister and assured of  NSE’s  commitment to contributing technical expertise towards improving Nigeria’s power sector.

​  

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    IMF Backs Nigeria’s Single Window Project, Seeks Areas Where Assistance is Needed

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    Ndubuisi Francis in Abuja

    The International Monetary Fund (IMF) has expressed support for Nigeria’s Single Window (NSW) Project, an evolving initiative designed to streamline trade processes, reduce bottlenecks, enhance transparency, and increase government revenue.

    The multilateral lender’s backing for the NSW Project was conveyed in Abuja, Thursday by its Technical Assistance Advisor for Revenue Administration 2, Marco Antonio, who led a delegation from the IMF Fiscal Affairs Department for a meeting with the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun.

    The meeting highlighted the IMF’s strong support for the Single Window Trade Project, which aims to streamline trade processes, increase government revenue, and enhance the ease of doing business.

    Antonio praised the NSW project, among other reforms, and sought to know how the IMF could provide further assistance for its successful implementation. 

    According to a statement released by the finance ministry by its Director, Information and Public Relations, Mohammed Manga, the minister disclosed that the project is well underway, with approvals secured, a dedicated team in place, and a structured implementation plan.

    He underscored the initiative’s potential to catalyse export growth, particularly with Nigeria on course to achieve 1.2 million barrels of daily oil production. 

    Describing the project as a transformative economic tool, Edun reiterated the government’s commitment to its success, citing the strategic leadership of President Tinubu and the support of the Nigeria Customs Service (NCS) as key to its execution.

    “As Nigeria continues on its path to economic transformation, the Single Window Trade Project is poised to play a pivotal role. 

    “With the IMF’s endorsement, this initiative is expected to enhance trade efficiency, increase revenue and stimulate economic growth, positioning Nigeria as a beacon of trade excellence in Africa,” the finance ministry said.

    ​  

    Ndubuisi Francis in Abuja The International Monetary Fund (IMF) has expressed support for Nigeria’s Single Window (NSW) Project, an evolving initiative designed to streamline trade processes, reduce bottlenecks, enhance transparency,

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