News
Electricity: How Tinubu is planning to redeem image
After about three years of not fulfilling his promise to provide stable power supply for the citizens, President Bola Tinubu appears set to redeem his image.
The president on Sunday approved a N3.3 trillion payment plan to settle outstanding debts under the Presidential Power Sector Financial Reforms Programme.
The repayment plan followed a final review of legacy debts that have plagued Nigeria’s power sector for more than a decade.
This was contained in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga, on Sunday.
The debts accumulated between February 2015 and March 2025 across the power value chain.
Following verification, N3.3 trillion was agreed as full and final settlement to ensure a fair, transparent and credible resolution of the liabilities.
The Presidency said implementation of the plan has commenced, with 15 power generation companies signing settlement agreements totalling N2.3 trillion so far.
The Federal Government has already raised N501 billion to support the initial phase of the payments under the programme.
Out of the amount raised, N223 billion has been disbursed to beneficiaries, while further payments are currently underway
The Presidency said the intervention would improve liquidity across the power value chain and support more stable electricity generation nationwide.
It added that with improved funding, power plants would sustain operations, leading to enhanced reliability of electricity supply to homes and businesses.
Onanuga noted that the reforms would also boost investor confidence, attract new investments, and create jobs across the sector.
Special Adviser to the President on Energy, Olu Arowolo-Verheijen, said the programme was critical to restoring confidence in the power sector.
“This programme is not just about settling legacy debts; it is about restoring confidence across the power sector and ensuring the system works more reliably.”
She explained that the initiative would ensure gas suppliers are paid and enable power plants to operate efficiently and sustainably.
Arowolo-Verheijen said the reforms form part of broader efforts, including improved metering and service-based tariffs linked to electricity supply quality.
“It is part of wider reforms, including better metering and tariffs tied to service delivery, to improve efficiency and accountability.”
She added that the government was prioritising power supply to industries, businesses, and small enterprises to drive economic growth and job creation.
According to her, the overall objective is to deliver more reliable power to households and strengthen support for businesses nationwide
“The goal is simple: more reliable power for homes, stronger support for businesses, and a system that works better for all Nigerians,” she said.
Tinubu commended stakeholders for their support in resolving longstanding issues in the sector and advancing ongoing reforms.
He also confirmed that the next phase of the programme, known as Series II, will commence within the current quarter.
News
SAN reacts to deregistration of ADC, others
A Senior Advocate of Nigeria and policy analyst, Dr. M. O. Ubani, has questioned the legal basis of a recent Federal High Court judgment directing the Independent National Electoral Commission (INEC) to deregister five political parties, arguing that the decision may have extended beyond the position previously established by the Supreme Court.
News
Six-yr-single term: SAN speaks on right framework
The opinion piece by legal practitioner and policy analyst, Dr. Monday.O. Ubani (SAN), has reignited discussions over the proposal for a single six-year tenure for Nigeria’s President and state governors, questioning whether the constitutional amendment would address the country’s governance challenges or merely divert attention from more pressing issues.
In a statement titled “Six-Year Single Tenure for the President and Governors: A Solution or a Distraction?”, Ubani examined the renewed advocacy for a non-renewable six-year term for chief executives at both federal and state levels.
The proposal, recently championed by Senator Opeyemi Bamidele and other supporters, is premised on the argument that elected leaders who are not preoccupied with re-election campaigns would devote greater attention to governance and long-term policy implementation.
According to Ubani, the argument possesses a degree of merit, noting that under Nigeria’s current constitutional framework, presidents and governors serve four-year terms with the possibility of one re-election. He observed that political calculations surrounding second-term bids often begin long before the expiration of a first tenure, potentially influencing policy decisions and governance priorities.
“A single tenure could potentially eliminate this concern and encourage long-term policy implementation,” he noted.
However, the Senior Advocate of Nigeria cautioned that the debate should extend beyond considerations of administrative efficiency. He argued that democracy is fundamentally anchored on accountability and good governance, with the prospect of re-election serving as a critical mechanism through which citizens assess the performance of elected officials.
Ubani warned that removing the incentive of electoral appraisal could weaken democratic responsiveness and accountability.
Drawing from comparative constitutional experiences across different regions of the world, he maintained that there is no direct relationship between the length of tenure and the quality of governance. He pointed out that several countries in the Americas and Northern Europe, despite operating relatively short executive tenures, have produced transformative leaders. Conversely, some African nations that allowed extended periods in office have grappled with poor governance, institutional decline and democratic setbacks.
He further argued that Nigeria’s own political experience demonstrates that leadership quality and institutional effectiveness have a greater impact on governance outcomes than tenure duration.
According to him, strong institutions, adherence to constitutional limits, transparency and respect for the rule of law remain the key determinants of successful governance.
From a constitutional standpoint, Ubani stated that the national conversation should not be limited to choosing between a six-year or an eight-year arrangement. Rather, he said, the focus should be on identifying a framework that best promotes accountability, political stability, effective governance and democratic development.
He acknowledged that introducing a six-year single tenure through constitutional amendment is legally feasible, provided the procedures stipulated in the Nigerian Constitution are strictly followed.
Nonetheless, Ubani questioned whether such a reform would address the underlying challenges confronting governance in the country.
“It is possible that tenure reform may alter political incentives, but it cannot substitute for competent leadership, institutional integrity and citizen participation,” he argued.
The legal practitioner stressed that effective leadership is not necessarily dependent on the length of time spent in office, noting that capable leaders can deliver meaningful results within limited tenures, while ineffective leaders may inflict greater damage even with extended periods in power.
He concluded that Nigeria’s central challenge lies not in determining how long presidents and governors should remain in office, but in ensuring that those entrusted with public office govern responsibly, effectively and in accordance with constitutional principles.
“The true measure of democratic success,” Ubani said, “is the ability to ensure that whoever occupies public office delivers the dividends of democracy while remaining accountable to the people and the Constitution.”
News
Monarch’s wife shot as hoodlums abduct husband
Ondo State Police Command has launched an intensive rescue operation following the suspected abduction of a community leader in Ode Oriya Village, Owo Local Government Area of the state.
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