Naija News
12 Power Plants Suffer Gas Shortage, 1,610MW Idle
Twelve power plants in Nigeria could not generate 1,609.9 megawatts of their total installed capacity on Sunday as a result of gas constraints.
The total unutilised electricity generation capacity in the country stood at 2,242.1MW as of 6am on Sunday, with low load demand by the distribution companies, water management and line constraints stalling the generation of 632.2MW.
The power plants affected by gas constraints included Omotosho I, Olorunsogo I, Omoku, Afam VI, Omotosho NIPP, Trans-Amadi and Sapele NIPP.
Others were Geregu NIPP, Olorunsogo NIPP, Egbin, Rivers IPP, and Geregu I, according to data obtained from the Nigerian Electricity System Operator.
The NESO data also showed that the plants on the national grid produced 4,358.9MW as of 6am on Sunday, down from 4,660.1MW on Saturday.
Egbin, the nation’s biggest power plant, saw its output decline to 712MW as of 6am on Sunday from 832MW on Saturday. Ten plants, including six plants built under the National Integrated Power Project, did not produce any megawatts of electricity as of 6am on Sunday.
The idle plants were Sapele NIPP, Alaoji NIPP, Olorunsogo NIPP, Omotosho NIPP, Ihovbor, Gbarain, Ibom Power, AES, ASCO and Egbin ST6.
The country generates the bulk of its electricity from gas-fired power plants, while output from hydropower plants makes up about 30 per cent of total generation. The hydropower plants are Kainji, Jebba, Shiroro and Dadin Kowa.
The Nigerian Gas Association and other stakeholders said recently that the liquidity issues hampering returns from the power sector should be speedily resolved to address legacy debts and facilitate full recovery of gas revenues from the Nigerian electricity supply industry.
The Minister of Power, Sale Mamman, announced on April 15 the breakdown of some power plants, including Sapele, Afam, Olorunsogo, Omotosho, Ibom, Egbin, Alaoji and Ihovbor.
The minister said the Jebba Power Plant was shut down for annual maintenance.
He said seven plants, namely, Geregu, Sepele, Omotosho, Gbarain, Omoku, Paras and Alaoji were experiencing gas constraints, while Shiroro plant had water management problems. The ministry said at the time that the unfortunate development had drastically affected power generation, thus effectively minimising the national grid.
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Labour Force
Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers
Kogi state governor, Yahaya Bello, has approved the implementation of N30,000 as minimum wage for the workers in the state.
The secretary to the state government, Folashade Ayoade disclosed this on Tuesday after an extensive meeting with the organized labour in Lokoja
She blamed the delay in the implementation on the inability for the committee to meet regularly due to the covid-19 pandemic which has been overcome.
The SSG equally commended the organised labour for their understanding and patience, which she said has resulted into the signing of the implementation of the new minimum wage.
Read Also: FCTA Set to Implement Minimum Wage for FCT Workers
Finance
CBN to End Forex Sales to Commercial Banks in 2022
Author: Eunice Johnson, Abuja
The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the end of 2022. CBN Governor Godwin Emefiele made this known in Abuja on Thursday at the end of the Bankers’ Committee Meeting where he also introduced the RT200 Programme.
Emefiele said the time had come for the banks to go out there and source for forex by funding entrepreneurs with ideas. The CBN, Emefiele said, will support the banks by granting rebates and other support until the banks find their feet in sourcing their forex by themselves.
He also disclosed that the apex bank’s policies and measures have led to a significant improvement in diaspora inflow from an average of US$6 million per week in December 2020 to an average of over US$100 million per week by January 2022. He added that the CBN would be reviewing these intervention programmes going forward to ensure that they continue to achieve the desired results.
He said international bodies, including some embassies and donor agencies, have been complicit in illegal forex transactions that have hindered the flow of foreign exchange into the country.
Read Also: CBN Encourages Nigerians to Accept E-Naira
Customs Corner
Customs CG Deploys 37 Comptrollers as Comptroller Attah Heads Kebbi Command
Author: Gift Wada, Abuja
The Comptroller General of Customs Col. Hameed Ibrahim Ali (Rtd.) has approved the deployment of 37 Comptrollers to various Units, Departments and Commands across the country.
This was disclosed in a release signed on Tuesday by the Customs Deputy National, DC Timi Bomodi for the Comptroller General of Customs.
Among those deployed are the present National PRO of Customs Comptroller Joseph Attah who will assume the office of Area Controller of Kebbi Command, Comptroller AAS Oloyede who shall be moving from ICT/MOD to Tin Can Island Port Command, while Comptroller SI Bomoi to FCT Command. Other postings are Comptroller BA Jaiyeoba to Oyo/Osun Command, Comptroller A Dappa-Williams to Eastern Marine Command, Compt. MA Umar Kano/Jigawa, Compt. KC Egwuh ICT/MOD, Compt. LM Mark Enugu/Anambra/Ebonyi, Compt. T Tachio CTC Kano, Compt. AA Umar Western Marine, Compt. M Dansakwa North Eastern Marine, Compt. AC Ayalogu T & T and Compt. KD Ilesanmi will assume duty as Comptroller Board among others.
Ali in postings released on 7th of February, charged the newly posted Comptrollers to justify the confidence reposed in them by NCS Management by bringing to bear their years of experience and training in trade facilitation and anti-smuggling activities on their new assignment.
Given the enormous expectations of government regarding revenue generation in the current year, the Comptroller General reiterated the need for all Area Controllers and Unit heads to take full charge of the affairs of their Commands by ensuring absolute compliance with extant fiscal policies while leveraging on the efficient management of data to optimize trade facilitation and revenue collection.
Furthermore, the CGC directed all officers to be extremely vigilant in protecting the lives and wellbeing of Nigerians by ensuring the full fortification of our borders against the incursion of smugglers and other cross border criminals.
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