The Minister of State for Power, Mr Goddy Agba has revealed that the Federal Government plans to spend about $2.3 billion in the first phase of the Presidential Power Initiative (PPI) project, aimed at increasing the nation’s power transmission capacity to 7,000megawatts (Mw).
According to Agba, the objective was to increase the transmission capacity from the current level of just over 5,000Mw to 7,000Mw thereby drawing the country closer to it’s electricity-reliance goal.
“The PPI is structured into various three phases, aimed at increasing power delivered to Nigerians to 7GW in first phase, 11GW in the second phase and 25GW in third phase.” Agba said during the Nigerian Energy Forum (NEF 2020) Webinar in Lagos, tagged: Energy Solution for Sustainable Recovery.
“The project is to be executed at the cost of $2.3billion forms the phase 1 of the PPI and is funded by a loan from a consortium of German Banks for 85 per cent of the contract sum; while 15 per cent counterpart funding is provided by the federal government.
“A Special Purpose Vehicle (SPV) called FGN Powerco is in the process of being set-up following Mr President’s approval. The SPV will warehouse the project’s contingent liability for accountability.
“We have also constituted the Nigerian Project Management Office (PMO) with the sole responsibility of providing project management of the project on behalf of the government,” he said.
Agba also announced that the government will implement the Transmission Enhancement Programme with key development partners to improve the sector.
“The World Bank, African Development Bank (AfDB), JICA have raised $1.6 billion for Transmission Rehabilitation and Expansion Programme (TREP), which is ongoing now with major projects as follows:
“The Alaoji-Onitsha, Delta Power Station-Benin and Kaduna-Kano at $410 million and $29 million is intended to build a 330kV Double Circuit 62KM line between Birnin Kebbi and Kamba.
“The Lagos/Ogun Transmission Infrastructure Project (JICA) with $200 million, Abuja Transmission Ring Scheme (AFD)-$170 million and Northern Corridor Transmission Project (AFD & EU) with $274million,” he said.
Also speaking, the Chief Executive Officer (CEO) Nigerian Electricity Regulatory Commission (NERC), Dr John Momoh, said the new tariff put in place would address the challenge from stakeholders in power sector. He also said meters would be provided for enumerated customers in a year or two.
India and China agree to stop sending troops to disputed Himalayan border
China and India have agreed to stop sending military troops to their disputed border in the Himalayas, following an escalation in tensions between the two nuclear powers.
Senior military commanders from India and China met on Monday to discuss stabilizing tensions along the Line of Actual Control (LAC), the demarcation line that separates the two military giants.
The Line of Actual Control, which marks the de facto border and passes through the lake, was established in the wake of the 1962 Sino-Indian war. India and China do not agree on its precise location and regularly accuse each other of overstepping it.
Tensions have been rising in the Himalayas since a bloody clash between Indian and Chinese troops in June and efforts to deescalate in the wake of the violence appeared to be faltering.
At least 20 Indian soldiers were killed in that incident.
In a joint statement, both countries greed to strengthen communication on the ground to avoid misunderstandings or action “that may complicate the situation.”
They also agreed to not take any unilateral action that would change the situation on the ground, according to the statement.
Another round of high-level military meetings will be held “as soon as possible,” the statement said.
After the military confrontation between both countries inm Jund, meetings were immediately set up between enjoys of both countries.
Then early this month, New Delhi and Beijing accused each other of illegally crossing into their territories.
A week later, China and India accused each other’s troops of firing warning shots across the Sino-Indian border, Both sides blamed the other for violating bilateral agreements and taking “provocative” actions.
This is the first time in more than four decades that India and China have confronted each other. In 1996, the two countries signed an agreement which states that neither side shall open fire within 2 kilometers (1.24 miles) from the LAC to “prevent dangerous military activities.”
US hails INEC and security agencies over Edo governorship election
The United States government has commended the Independent National Electoral Commission (INEC) and security agencies over the conduct of the Edo State Governorship election.
In its tweets on Wednesday September 23, the US government also commended the people of Edo State for exercising their franchise.
Congratulations@inecnigeria and Nigerian security services on the Edo governorship election. We commend the people of Edo State for exercising their franchise and recognize @GovernorObaseki & @PastorIzeIyamu for encouraging peace.
Thanks to civil society partners @YIAGA and @SituationRoomNg @cleenfoundation @KDI_ng for their invaluable work. #EdoDecides2020
US 2020 Election: Trump calls mail-in voting a ‘scam”
US President, Donald Trump, has called mail-in voting a “scam” during a press conference on Friday September 17, blasting the voting system in which states send mail-in ballots directly to voters due to the Coronavirus pandemic.
More than half of all Americans are expected to vote through the mail this presidential election, though over 40 percent of Americans voted by mail in the 2016 and 2012 general elections, according to the Election Assistance Commission.
Several states, including Colorado, Hawaii, Oregon, Utah, and Washington, automatically send out mail-in ballots to all state residents for the general election.
But due to the Coronavirus pandemic, California, Nevada, New Jersey, Vermont, and Washington D.C. will automatically mail out ballots to all residents for the 2020 election.
“They’re sending out tens of millions of ballots to everybody, people that didn’t expect them. People are getting inundated with ballots, they’ll be showered with ballots,” Trump said Friday.
“Everybody in this room knows it’s a scam,” the president continued, gesturing to the White House press pool. “They are never going to be able to count them.”
It’s a disaster, everyone knows it,” Trump told reporters before adding that the U.S. Postal Service was not to blame for the 2020 primary election mishaps, when hundreds of thousands of ballots went uncounted .
“Where are these ballots going? Who’s sending them? Who’s signing them?” Trump asked, attempting to show why he thinks voting through the mail is insecure.
“I think it’s going to be a terrible time for this country and we are counting on federal judges to do a great constitutional job.”
Recently, Trump cynically stated that 80 million Americans would receive mail-in ballots as a result of the Coronavirus pandemic, a figure he alleges will invalidate the 2020 election results.