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Tax reform bills: Zulum adamant, insists only Lagos, Rivers will benefit
Tax reform bills: Zulum adamant, insists only Lagos, Rivers will benefit
Borno State Governor, Professor Babagana Zulum, on Sunday explained why the northern governors advised President Bola Tinubu to withdraw the controversial tax reform bills.
The governor who appeared as a guest on Channels Television’s Sunday Politics, said the Northern Governors Forum only needs time for consultation.
“On this tax issue, there are a lot of misconceptions. We felt that the VAT provision in the tax law. Based on the calculations that we did, only Lagos and Rivers States will benefit from this scheme. We did our own research and conclude that we would lose,” Zulum said.
“Why are we in a rush? We advised the Federal Government to take a pause, and expunge some of the clauses that are inimical to not only Northern Nigeria.
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“What we are saying is that give more time, let us do a deeper consultation to understand the nitty-gritty of this tax regime before passing it into law.”
Zulum explained that if the bill scales through the National Assembly, states would be shortchanged as only Lagos State would be the main beneficiary of the policy.
He argued that contrary to some insinuations in some quarters, the northern governors are not against President Tinubu’s administration.
Zulum recalled that before the 2023 general election, he was one of the few governors that insisted that power must be rotated to the south
According to him, the north cannot be against Tinubu as over 60 per cent of his votes in the 2023 general elections came from the region.
He regretted that some people were passing a negative narrative that the north is against Tinubu’s government.
“I am a strong member of APC. If you can count two governors before 2019 and 2023 that were in support of Tinubu, you can mention Governor Zulum. I was the first governor to come out publicly and say that power must go to the South.
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Electricity: We installed 184,507 meters, issued 50 licences in Q3, says FG
Electricity: We installed 184,507 meters, issued 50 licences in Q3, says FG
The Federal Government has recorded significant progress in Nigeria’s electricity sector with the installation of 184,507 new meters and the issuance of 50 licences, permits, and certifications during the third quarter of 2024 (Q3).
The Nigerian Electricity Regulatory Commission (NERC) revealed in its Q3 2024 report released on Friday that 184,507 meters were installed, marking a remarkable 256.01% increase compared to the 51,826 meters installed in Q2 2024.
The increased metering pushed the net end-user metering rate in the Nigerian Electricity Supply Industry (NESI) to 46.15%, up from 45.43% in Q2, a rise of 0.72 percentage points.
The installations were largely carried out under the Meter Asset Provider (MAP) framework, which accounted for 178,715 meters or 96.86% of the total. The Vendor Financed framework contributed 3,508 meters, while the DisCo Financed framework added 2,298 meters.
This development signifies a concerted effort to address challenges like estimated billing and promote consumer satisfaction across the electricity distribution value chain.
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Power sector development: 50 licences issued
To complement the surge in meter installations, NERC issued 50 licences, permits, and certifications aimed at strengthening Nigeria’s power sector infrastructure. These include:
- Six (6) new off-grid generation licences with a combined capacity of 30.06 MW.
- One (1) renewal of an on-grid generation licence with a gross capacity of 39 MW.
- Two (2) new electricity trading licences.
- Eleven (11) captive generation permits with a total gross capacity of 63.36 MW.
- One (1) registration certificate for a mini-grid.
- Seven (7) certifications for Meter Service Providers.
- Twenty-two (22) permits for Meter Asset Providers.
These licences are expected to encourage investments, improve power supply, and expand access to renewable and off-grid energy solutions, especially in rural areas.
Key Implications for the Power Sector
The surge in meter installations and issuance of licences marks a pivotal moment in Nigeria’s electricity sector. By prioritizing metering through initiatives like MAP, the government is tackling the pervasive problem of estimated billing, which has long plagued electricity consumers.
Furthermore, the rise in off-grid and mini-grid licences underscores a growing shift towards renewable energy and decentralized power solutions, vital for enhancing energy access in underserved regions.
A Promising Outlook: These advancements highlight the Federal Government’s commitment to reforming Nigeria’s power sector and creating an enabling environment for both consumers and investors.
With metering and licensing activities gaining momentum, stakeholders anticipate further progress in Q4 2024, laying the foundation for a more reliable, sustainable, and inclusive energy sector.
Electricity: We installed 184,507 meters, issued 50 licences in Q3, says FG
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Ibadan stampede: Ooni reacts after arrest of ex-wife
Ibadan stampede: Ooni reacts after arrest of ex-wife
The Ooni of Ife, Oba Adeyeye Ogunwusi, has encouraged his ex-wife, Naomi Ogunseyi, and radio owner, Oriyomi Hamzat, not to be discouraged following the tragic stampede at a Yuletide ceremony for children in Ibadan, Oyo State, which claimed 32 lives.
The monarch also pledged support for the families of the victims and called for immediate measures to prevent such incidents in the future.
His comments followed the arrest of his ex-wife by the police and were made in a statement issued by the Director of Media and Public Affairs at the Ooni’s Palace, Moses Olafare.
In his statement, the Ooni expressed his deep sorrow, saying, “We extend our heartfelt sympathy to the government of Oyo State, the organisers—Agidigbo Radio, owned by Oriyomi Hamzat, and former queen at the Ooni’s Palace, Ms Naomi Silekunola Ogunseyi, as well as the bereaved families of the young souls lost in the tragic incident in Ibadan yesterday.”
He also expressed solidarity with the Oyo State government and commended the governor for his swift response.
“This tragedy underscores the urgent need for collaborative efforts to ensure the safety and well-being of our children across Nigeria. The House of Oduduwa pledges to support all efforts aimed at bringing solace and healing to those affected by this devastating loss,” he added.
The Ooni called for immediate action to improve safety measures, stressing the importance of adherence to safety standards and child welfare policies in educational institutions. He advised Naomi Ogunseyi, Oriyomi Hamzat, and other co-organisers not to be discouraged by the unfortunate outcome of the event, which was originally intended to bring joy to children during the festive season.
He concluded, “Rather than being discouraged, they should remain committed to organising such laudable programmes for children, but with better planning and strategies in the future. The lesson must be learned.”
Ibadan stampede: Ooni reacts after arrest of ex-wife
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Farotimi: Advocacy group wants UK college to break ties with Afe Babalola
Farotimi: Advocacy group wants UK college to break ties with Afe Babalola
A growing wave of international pressure is urging King’s College London to sever its ties with prominent Nigerian lawyer and philanthropist Afe Babalola following the controversial arrest of rights lawyer Dele Farotimi.
Babalola, who is a major donor to the prestigious UK institution, has been accused of using his influence to have Farotimi arrested for alleged defamation.
In a petition dated December 17, 2024, the advocacy group Mothers United and Mobilised (MUM), representing a collective of Nigerian women and mothers, called on King’s College London to distance itself from Babalola and his actions.
The petition, signed by MUM convener Boluwaji Onabolu, urged the institution to release a statement condemning the alleged suppression of dissent and to return the €10 million donation made by Babalola in 2023.
Farotimi was detained by police officers from Ekiti State, Babalola’s home state, following critical remarks about the 95-year-old lawyer in his book.
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The book criticized Babalola for allegedly winning cases with financial leverage rather than legal skill, a claim that reportedly triggered the arrest.
Farotimi was detained for more than two weeks, despite being granted bail under stringent and punitive conditions.
The group contends that the situation in Ekiti, where Babalola holds considerable influence, presents little hope for a fair trial for Farotimi.
“The defamation charge, a civil matter, should have been addressed through legal proceedings in Lagos, but instead, it was escalated to an arrest orchestrated by Chief Babalola using his home state’s police,” the petition read.
The group stressed that King’s College London, a globally recognized institution, should not be associated with actions that undermine freedom of speech and legal fairness.
The group urged the UK institution to publicly support Farotimi’s right to a fair trial and demand his release from detention.
“King’s College London must stand on the right side of history. We urge the institution to break its silence and align itself with the fight for justice, human rights, and the protection of free expression, which are fundamental to the values it represents,” the group said.
Farotimi: Advocacy group wants UK college to break ties with Afe Babalola
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