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Showing posts from December 27, 2024

Northern Oligarchy Give Reasons Why they Disagree with Tinubu’s Tax Reform Bills

President Bola Tinubu's unwavering stance on the controversial tax reform bills has sparked significant backlash from Northern leaders. The Northern Elders’ Forum, the League of Northern Democrats, and various members of the National Assembly have voiced their displeasure. According to the Northern Oligarchy, they disagree with the President because he bypasses democratic processes and ignores the need for inclusive consultations. During his inaugural media chat in Lagos, President Tinubu acknowledged the contentious nature of the bills but remained firm, stating that there would be no reversal. He emphasized that the reforms were crucial to eliminating outdated colonial assumptions in Nigeria’s tax system. Senator Mohammed Onawo of Nasarawa South criticized Tinubu for interfering with the legislative process. He stressed that the President, as a former legislator, should respect the established procedures and allow the National Assembly to scrutinize the bills thoroughly. Onawo ...

DHQ Gives Reason for the Fatalities in Sokoto Villages Christmas Day Military Operation

Following the Christmas day strikes on terrorist dens at Gidan Bisa and Gidan Runtuwa in Silame Local Government Area of Sokoto State, the Defence Headquarters (DHQ) clarified that the explosion which resulted in the death of ten villagers was a secondary explosion from the destruction of the terrorists' base, not by direct airstrikes by the Nigerian Air Force. Director of Defence Media Operations, Maj-Gen. Edward Buba, addressed newsmen, explaining that the airstrike was a precision-guided operation targeting the terrorist hideout in the area. He emphasized that there were fatalities because of a secondary explosion when the terrorists' logistics base, housing dangerous materials, including hand cartridges and explosives, was hit by airstrikes. “The Armed Forces of Nigeria has a duty to defend citizens from terrorists either through peaceful means, or the force of arms. It is in discharge of this responsibility that on 25 Dec 2024, a coordinated joint operation was conducted b...

Stakeholders and Experts Give Reasons Why the Energy Sector of Nigeria Performs Below Expections

The partial privatization of Nigeria’s power sector in 2013 was meant to attract new investments, improve service delivery, and resolve chronic electricity shortages. However, eleven years later, the sector struggles with similar issues, including low power generation and extensive electricity access gaps. Despite these intentions, data from the World Bank indicates that over 80 million Nigerians, primarily in rural areas, still lack access to electricity. In 2024, Nigeria's power generation remained just above 4,000 megawatts (MW) on average, despite having an installed capacity of 13,000 MW. The Minister of Power, Chief Adebayo Adelabu, set a target of achieving 6,000 MW by the end of the year, but this goal was unmet due to several factors. These included frequent grid collapses, financial instability within the sector, and an unclear path for growth from sector administrators. The Nigerian Electricity Regulatory Commission (NERC) reported that out of 28 power plants on the gr...