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		<title>Shouldn’t we sell the power grid for a penny?</title>
		<link>https://frontpageng.com/shouldnt-we-sell-the-power-grid-for-a-penny/</link>
		
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		<pubDate>Mon, 21 Oct 2024 07:43:53 +0000</pubDate>
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					<description><![CDATA[<p>By KAZEEM AKINTUNDE &#160; Electricity generation, transmission and distribution has now become rocket science for us in Nigeria. This is because in spite of billions of Naira spent on the power sector in the last two decades, we are still generating darkness and distributing misery to households and businesses. Just last week, the National Power [&#8230;]</p>
<p>The post <a href="https://frontpageng.com/shouldnt-we-sell-the-power-grid-for-a-penny/">Shouldn’t we sell the power grid for a penny?</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><em>By</em> <strong><em>KAZEEM AKINTUNDE</em></strong></p>
<p>&nbsp;</p>
<p>Electricity generation, transmission and distribution has now become rocket science for us in Nigeria. This is because in spite of billions of Naira spent on the power sector in the last two decades, we are still generating darkness and distributing misery to households and businesses. Just last week, the National Power grid collapsed thrice.</p>
<p>The first collapse was recorded at exactly 6.58 p.m., when power generation dropped to zero megawatts, throwing homes and businesses into complete darkness. Few hours later, the grid came up and some parts of the country were lucky to get electricity supply. Not long after, the entire system collapsed again, triggering another round of darkness across the country.</p>
<p>Electricity Distribution Companies were then confronted with the not too enviable task of telling their distraught customers what is happening. The third outage which happened on Saturday, forced the Nigerian Electricity Distribution Commission, (NEDC) to issue a statement.</p>
<p>The public notice read: “The Commission notes with concern, the recent escalating incidence of grid disturbances often leading to marked outage in several states, thus reversing many of the gains recently achieved in reducing infrastructure deficit and improving grid stability.</p>
<p>“Initial reports on the grid disturbance that occurred this morning (Saturday) indicate that today&#8217;s outage was triggered by an explosion of a current transformer at the Jebba transmission station at 0815hrs and associated cascade of power plants shutdown arising from the loss of load. However, efforts to restore supply have advanced with power significantly restored, as at 1300hrs, in 33 states and the FCT.</p>
<p>“In line with the provisions of the Electricity Act 2023, the unbundling of the System Operator function (ISO) out of Transmission Company of Nigeria Plc is ongoing with the expectation that an independent SO would engender more discipline in grid management and optimised investment in infrastructure.</p>
<p>“In pursuit of finding a permanent resolution to the challenges of the national grid, the Commission shall shortly conduct an investigative public hearing with a view to identifying immediate and remote causes of recurring incidence of grid disturbances and widespread outages.</p>
<p>“The date and venue of the public hearing will shortly be announced in the national dailies and stakeholders are encouraged to participate.” We await.</p>
<p>Despite this, many customers on Band A, who are paying for power through their noses with the commitment that they would get 20 hours of electricity in a day by the Electricity Distribution Companies, are once again, left to rave and rant, and make do with the unfortunate situation. After all, we are in Nigeria, where customer’s rights are flouted with impunity, as there are no consequences.</p>
<p>The gradual collapse of the grid began when power generation dropped from 3.87 gigawatts to 3.56W and then 0.00GW at the first instance.</p>
<p>Although less than eight hours after the first incident, the system came up, DISCOs had to ration power to their high fee-paying customers. Some were lucky to get 50 megawatts while those not so lucky got 20 megawatts.</p>
<p>We were told to count ourselves lucky to have the grid back to life after ‘just a few hours in a coma’. Adebayo Adelabu, Minister of Power, told Nigerians that they are lucky that the grid came back to life after few hours. Hear him: “We keep talking about grid collapse, grid collapse, grid collapse, whether it’s a total collapse, partial collapse, or slight trip-off. This is almost inevitable as it is today, given the state of our power infrastructure, the infrastructure is in deplorable conditions, so why won’t you have trip-offs? Why won’t you have collapses, either total or partial? It will continue to remain like this until we can overhaul the entire infrastructure. What we do now is to make sure that we manage it,” he declared.</p>
<p>According to the Minister, having multiple power grids in each region and state would ensure stability. He noted that the decentralisation of the power sector would facilitate plans to build grids in each region, and enabled by the Electricity Act signed by President Bola Tinubu in 2023.</p>
<p>Whilst it is true that the Electricity Act signed into law by President Tinubu has decentralised the power sector, confused Nigerians are trying to understand why most state Governors are not taking advantage of the Act, which has enabled all the subnational governments, the state government and the local government, to be able to participate in the generation, transmission, and distribution of electricity. One would have thought that the disturbances of the national grid, which affects all the 36 states and the FCT would have propelled them into action, considering the importance of power for growth and development. With multiple grids in the regions and states, stable power supply will be catalysed.</p>
<p><em><strong>READ ALSO: <a class="row-title" href="https://frontpageng.com/dss-releases-orderpaper-staff-following-ipi-nigeria-intervention/" aria-label="“DSS releases OrderPaper staff following IPI Nigeria intervention” (Edit)">DSS releases OrderPaper staff following IPI Nigeria intervention</a></strong></em></p>
<p>Also, as each of the grids will be removed and shielded from each other, only the states where they belong will be affected in the event of an incident, not the entire nation. I think it’s high time the state Governors got to work to harness the impact of the Electricity Act. Since Adelabu insists that the frequent collapse of the national grid is inevitable without sufficient investment in the sector, charity must begin at home.</p>
<blockquote><p>Now is the time for Babajide Sanwo-Olu to roll up his sleeves and ensure that appropriate legislations are put in place while working towards the realisation of the stated objectives. If Lagos joins Abia among the states that can generate and distribute power to her citizens without reliance on the grid, we might as well sell the grid for a penny.</p></blockquote>
<p>But the statement credited to the Minister who heads the Ministry tasked with ensuring the availability of cost-effective electric power supply makes one wonder if we shouldn’t sell our national grid for a penny. Of what use is a grid that breaks down every now and then and a Minister who has diagnosed the problem cannot lead the nation towards a sustainable solution? Telling Nigerian not to expect power always due to dilapidated infrastructure seems nonchalant and insensitive to the plight of millions of an already impoverished population in almost perpetual darkness despite being citizens of a well-endowed resource-rich country.</p>
<p>While I appreciate his bluntness, the question remains what has he done as Minister of Power to upgrade those facilities? If he is thinking of decentralising the grid, has he had any discussions with state governors and other stakeholders in the field and developed a road map on how these can be achieved within the shortest possible time?</p>
<p>In Nigeria, we talk too much and achieve very little. Under his watch as Power Minister, the grid has collapsed on 13 different occasions, eight of them this year alone. While Adelabu is saying that most of the transformers are over 60 years old and we should not expect them to work at optimal level, what has happened to the huge investments in the sector and the revenue being generated by the DISCOS now that the sector has been liberalised? The private sector is also fully involved in the power sector now, when should Nigerians start enjoying constant regular power?</p>
<p>After several billions of naira has been invested in the sector since 1999, little or no progress has been recorded and the sector is gradually becoming moribund. What is more puzzling is that in August, the same Minister received a draft report of the Integrated Electricity Policy and Strategic Implementation (NIEP-SIP), a policy framework that the Minister said would not only respond to the current realities, but will as well anticipate future needs of the power sector.</p>
<p>Adelabu described the development as marking “a critical juncture in the nation’s journey toward achieving a robust, sustainable, and inclusive power sector that meets the aspirations of all Nigerians”.</p>
<p>Justifying the confusion of Nigerians over the power sector quagmire, former Governor of Lagos State, Mr. Raji Fashola, told the world that generating and distributing electricity should not be rocket science. But it became a difficult nut for him to crack when he was appointed a super Minister superintending three ministries under the Muhammadu Buhari regime. The ‘load’ on his head was reduced when the Power Ministry was removed from his portfolio yet little or nothing changed.</p>
<p>It beats the imagination that we are still generating less than 15,000 megawatts of electricity in a country with a population of more than 200 million people. Transmitting and distributing what was generated is still a huge problem as the grid does not have the capacity to warehouse such amount of power. Pray, how do we want to industrialise the entire nation? Are we not day-dreaming?</p>
<p>Despite the decentralisation of the power sector by the Federal Government, many state governments are not paying enough attention to the sector as they are comfortable buying generators to power their homes and offices.</p>
<p>President Bola Tinubu, in his 2024 New Year message to Nigerians, said that there has been a significant improvement in electricity supply and that more should be expected in the coming years. If he has forgotten, perhaps, we should remind him what he told us: “My administration recognises that no meaningful economic transformation can happen without a steady electricity supply in 2024,” he said on January 1, 2024. Despite these promises, the story of repeated grid failures has left millions of Nigerians grappling with prolonged power outages, exacerbating the challenges faced by businesses and households.</p>
<p>We claim that we are the giant of Africa but that is only in size. We are far away from countries in Africa that can boast of generating enough electricity for their people. In this regard, South Africa, Egypt, Morocco, Tunisia, Algeria, Gabon, Ghana, Botswana, Senegal and Kenya are far ahead of Nigeria in terms of power generation and distribution to their people.</p>
<p>In Nigeria, only Abia State, through the dynamic effort of former Minister of Power, Barth Nnaji, seems to be getting it right as his company, Geometric Power, is doing wonders in the state through improved power generation and distribution.</p>
<p>Geometric Power is licensed to produce 188 Megawatts of electricity and is currently Nigeria’s only integrated power project, as it has its own embedded power plant, which enables it to generate and distribute its power, separating it from other electricity companies that only generate power and send it to the epileptic power grid.</p>
<p>Built at a cost of over $800 million, the company intends to provide electricity to Abia and neigbouring states in the south east and has already indicated willingness to replicate such in Lagos if the state government is ready for such partnership. Replicating what was done in Abia state across the country would be the right step in getting the country out of its reliance on the grid.</p>
<p>With Adedibu agreeing that the system of generating power and feeding it to the grid is outdated, it is time states like Lagos takes the bull by the horn and start a process of getting its residents out of the grid. Lagos should be thinking of generating and distributing nothing less than 40,000 megawatts of electricity to be able to adequately take care of its power need. Two years ago, the state government released a 40-page document tagged ‘Lagos State Electricity policy’, but nothing has been heard of it since then.</p>
<p>Presently, Lagos generates an estimated 15,000 megawatts (MW) of electricity through diesel generators, but a mix of gas-sourced power with off-grid solutions means that the Lagos Electricity Market plan could potentially double the size of the state’s economy.</p>
<p>At the heart of the plan lies a bold vision: to achieve 1 gigawatt (GW) of solar photovoltaic generation by 2030. This ambitious target, if realized, would not only reduce reliance on expensive diesel generators but also usher in a new era of clean energy in the state.</p>
<p>Now is the time for Babajide Sanwo-Olu to roll up his sleeves and ensure that appropriate legislations are put in place while working towards the realisation of the stated objectives. If Lagos joins Abia among the states that can generate and distribute power to her citizens without reliance on the grid, we might as well sell the grid for a penny.</p>
<p>See you next week.</p>
<p>The post <a href="https://frontpageng.com/shouldnt-we-sell-the-power-grid-for-a-penny/">Shouldn’t we sell the power grid for a penny?</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">88283</post-id>	</item>
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		<title>Maiduguri flood: Over N12b support generated for victims</title>
		<link>https://frontpageng.com/maiduguri-flood-over-n12b-support-generated-for-victims/</link>
		
		<dc:creator><![CDATA[Agency Report]]></dc:creator>
		<pubDate>Fri, 20 Sep 2024 06:15:50 +0000</pubDate>
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		<guid isPermaLink="false">https://frontpageng.com/?p=87212</guid>

					<description><![CDATA[<p>Borno State government has realized over N12 billion cash and material donations for victims of Alau Dam flood disaster in Maiduguri. Abdurrahman Bundi, the Senior Special Adviser on New Media to Borno Governor, gave the update on the donations for the Maiduguri Relief Fund on Thursday in Maiduguri. Bundi said the donations came from corporate [&#8230;]</p>
<p>The post <a href="https://frontpageng.com/maiduguri-flood-over-n12b-support-generated-for-victims/">Maiduguri flood: Over N12b support generated for victims</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Borno State government has realized over N12 billion cash and material donations for victims of Alau Dam flood disaster in Maiduguri.</p>
<p>Abdurrahman Bundi, the Senior Special Adviser on New Media to Borno Governor, gave the update on the donations for the Maiduguri Relief Fund on Thursday in Maiduguri.</p>
<p>Bundi said the donations came from corporate entities, state governments, State and National Assembly members, individuals, and Non-Governmental Organisations.</p>
<p>List of donors showed that the North East Development Commission, NEDC, donated N3 billion and food stuff, Aliko Dangote N2 billion, Aminu Dantata N1.5 billion, and Mohammed Indimi N1b billion.</p>
<p>Other donors were Borno local government areas, N1.2 billion; Oluremi Tinubu,N500 million; Bauchi and Niger states, N250 million each, while the people of Southern Borno donated N200 million.</p>
<p><em><strong>READ ALSO: <a class="row-title" href="https://frontpageng.com/edo-election-govt-declares-friday-work-free-day/" aria-label="“Edo election: Govt declares Friday work-free day” (Edit)">Edo election: Govt declares Friday work-free day</a></strong></em></p>
<p>Dahiru Mangal; Atiku Abubakar; Rep. Mukhtar Betara; Ali Modu Sheriff; House of Representatives, Abdulsalam Kachala, and JAIZ Bank states comprising Kebbi, Yobe, Kano, Taraba, katsina, Kaduna and Zamfara gave N100 each.</p>
<p>The Director General of the Nigeria Drug Law Enforcement Agency, NDLEA; Buba Marwa and Matrix Energy donated 10 trucks of fertiliser and foodstuff worth over N120 million each.</p>
<p>Those who gave N50 million include Adamawa State; Mr Peter Obi; Rabiu kwakwanso; Ahmed Lawan; Mohammad Maifata; Ibrahim Umar; Mohammad Imam; Ali Dalori; Bauchi APC chapter, Sen. Tahir Monguno, and  Sen. Kaka Kaka Shehu and 18th Engineering Company, while the State Assembly donated N60 million.</p>
<p>Nasarawa State government also presented six trucks of rice, spaghetti and sugar.</p>
<p>Many other people donated between N1 million and N30 million respectively.</p>
<p><strong><em>Source: NAN </em></strong></p>
<p>The post <a href="https://frontpageng.com/maiduguri-flood-over-n12b-support-generated-for-victims/">Maiduguri flood: Over N12b support generated for victims</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">87212</post-id>	</item>
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		<title>NEDC board: Tinubu seeks Senate&#8217;s confirmation of nominees</title>
		<link>https://frontpageng.com/nedc-board-tinubu-seeks-senates-confirmation-of-nominees/</link>
		
		<dc:creator><![CDATA[Ismaila Sanni]]></dc:creator>
		<pubDate>Wed, 19 Jul 2023 16:08:58 +0000</pubDate>
				<category><![CDATA[News]]></category>
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		<guid isPermaLink="false">https://frontpageng.com/?p=72631</guid>

					<description><![CDATA[<p>President Bola Tinubu has written to the Senate for the confirmation of some nominees for the membership of the governing board of the North East Development Commission, NEDC. The Senate President, Godswill Akpabio, made this known on Wednesday at plenary when he read the president’s letter. The nominees, he read, included General Paul Tarfa, Chairman [&#8230;]</p>
<p>The post <a href="https://frontpageng.com/nedc-board-tinubu-seeks-senates-confirmation-of-nominees/">NEDC board: Tinubu seeks Senate&#8217;s confirmation of nominees</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>President Bola Tinubu has written to the Senate for the confirmation of some nominees for the membership of the governing board of the North East Development Commission, NEDC.</p>
<p>The Senate President, Godswill Akpabio, made this known on Wednesday at plenary when he read the president’s letter.</p>
<p>The nominees, he read, included General Paul Tarfa, Chairman (North East Adamawa); Hon Gambo Maikyau,  member (North East Taraba); Abdullahi Abbas, member, (North West Kano); Zaf Steven Ondora, member (North Central Benue), and Chief Mutiu Lawal Areh, member (South Wes Lagos).</p>
<p><em><strong>READ ALSO: <a class="row-title" href="https://frontpageng.com/senate-confirms-appointment-of-service-chiefs/" aria-label="“Senate confirms appointment of service chiefs” (Edit)">Senate confirms appointment of service chiefs</a></strong></em></p>
<p>Others are Samuel Ifeanyi Onuigbo, member (South East Abia); Frank Achinike Owo, member (South South, Rivers) and Mohamed Goni Alkali (Managing Director North East Borno).</p>
<p>For reappointment are Musa Yashi, Executive Director of Humanitarian Affairs (North East Bauchi); Ahmed Abdulsalam Yahaya Executive Director of Operations, (North East Gombe) and Dr Abubakar Garba Ileah, Executive Director of Admin and Finance (North East Yobe).</p>
<p>The post <a href="https://frontpageng.com/nedc-board-tinubu-seeks-senates-confirmation-of-nominees/">NEDC board: Tinubu seeks Senate&#8217;s confirmation of nominees</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">72631</post-id>	</item>
		<item>
		<title>NEDC: Buhari seeks Senate’s confirmation of 12 nominees</title>
		<link>https://frontpageng.com/nedc-buhari-seeks-senates-confirmation-of-12-nominees/</link>
		
		<dc:creator><![CDATA[Ezekiel Johnson]]></dc:creator>
		<pubDate>Sat, 06 May 2023 06:59:41 +0000</pubDate>
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		<guid isPermaLink="false">https://frontpageng.com/?p=69839</guid>

					<description><![CDATA[<p>President Muhammadu Buhari has asked the Senate to confirm the appointment of 12 nominees as members of the Governing Board of the North East Development Commission, NEDC. The president’s request is contained in a letter addressed to Senate President, Ahmed Lawan, dated May 3, 2023. ‘‘In accordance with the provision of Part 1, section 2(5)(b) [&#8230;]</p>
<p>The post <a href="https://frontpageng.com/nedc-buhari-seeks-senates-confirmation-of-12-nominees/">NEDC: Buhari seeks Senate’s confirmation of 12 nominees</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>President Muhammadu Buhari has asked the Senate to confirm the appointment of 12 nominees as members of the Governing Board of the North East Development Commission, NEDC.</p>
<p>The president’s request is contained in a letter addressed to Senate President, Ahmed Lawan, dated May 3, 2023.</p>
<p>‘‘In accordance with the provision of Part 1, section 2(5)(b) of the North East Development Commission Establishment Act, 2017, I am pleased to present for confirmation by the Senate, the appointment of twelve (12) nominees as tabulated below, in the Governing Board of the North East Development Commission.</p>
<p><em><strong>READ ALSO: <a class="row-title" href="https://frontpageng.com/efcc-hands-over-badehs-forfeited-13-bedroom-property-to-nedc/" aria-label="“EFCC hands over Badeh’s forfeited 13-bedroom property to NEDC ” (Edit)">EFCC hands over Badeh’s forfeited 13-bedroom property to NEDC </a></strong></em></p>
<p>‘‘The Senate is invited to note that the tenure of the current Governing Board of the North East Development Commission  will end on 7th May, 2023.’’</p>
<p>The nominees include: Barr. Bashir Bukar Baale, Chairman, (North East, Yobe); Suwaiba Idris Baba, Executive Director, Humanitarian Affairs, (North East, Taraba); Musa Umar Yashi, Executive Director, Administration and Finance, (North East, Bauchi); Dr Ismaila Nuhu Maksha, Executive Director, Operations (North East, Adamawa) and Umar Abubakar Hashidu, MD/CEO, (North East, Gombe).</p>
<p>Others are Grema Ali, member, (North East, Borno); Onyeka Gospel-Tony, member, (South East); Hon. Mrs Hailmary Ogolo Aipoh, member, (South-South); Air Commodore Babatunde Akanbi (rtd), member, (South West); Mustapha Ahmed Ibrahim, member, (North West), Hadiza Maina, member, (North Central) and a representative from the Federal Ministry of Finance, Budget and National Planning.</p>
<p>The president expressed hope that his request ‘‘will receive the usual expeditious consideration and confirmation of the Senate.’’</p>
<p>The post <a href="https://frontpageng.com/nedc-buhari-seeks-senates-confirmation-of-12-nominees/">NEDC: Buhari seeks Senate’s confirmation of 12 nominees</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">69839</post-id>	</item>
		<item>
		<title>Senate summons finance minister over N206bn inserted in budget</title>
		<link>https://frontpageng.com/senate-summons-finance-minister-over-n206bn-inserted-in-budget/</link>
		
		<dc:creator><![CDATA[Agency Report]]></dc:creator>
		<pubDate>Tue, 22 Nov 2022 05:35:30 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">https://frontpageng.com/?p=63387</guid>

					<description><![CDATA[<p>The Senate Committee on Special Duties has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed. The summon is over the insertion of N206 billion inserted into the 2023 budget of the Ministry of Humanitarian Affairs, Disaster Management and Social Development. Chairman of the committee, Yusuf Yusuf, announced the summon when Sadiya Farouq, [&#8230;]</p>
<p>The post <a href="https://frontpageng.com/senate-summons-finance-minister-over-n206bn-inserted-in-budget/">Senate summons finance minister over N206bn inserted in budget</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Senate Committee on Special Duties has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed.</p>
<p>The summon is over the insertion of N206 billion inserted into the 2023 budget of the Ministry of Humanitarian Affairs, Disaster Management and Social Development.</p>
<p>Chairman of the committee, Yusuf Yusuf, announced the summon when Sadiya Farouq, Minister of Humanitarian Affairs, Disaster Management and Social Development appeared before the committee for defence of the ministry’s 2023 budget on Monday.</p>
<p>A member of the committee, Ishaku Abbo, had asked Farouq about N206 billion in the budget that the minister intended to borrow.</p>
<p>“In 2023, you intend to borrow N206 billion for a project. What are the projects to be implemented and is it captured in the Medium Term Expenditure Framework.</p>
<p>“If it is, what are the specific projects location and activities attached to this.”</p>
<p>In her response, the minister said: “Yes, we made mention of the projects for 2022 which was not released and part of it was part for the North East Development Commission, NEDC.</p>
<p>“The money was not released and now we have seen it recurring by almost 10 folds.</p>
<p><em><strong>READ ALSO: <a class="row-title" href="https://frontpageng.com/fuel-subsidy-to-go-by-june-2023-says-finance-minister/" aria-label="“Fuel subsidy to go by June 2023, says finance minister” (Edit)">Fuel subsidy to go by June 2023, says finance minister</a></strong></em></p>
<p>“We are also going to clarify from the ministry of finance to know why this increase in spite of the fact that the previous year, the money was not even released for the project.</p>
<p>“So we will get the details then send to you on that.</p>
<p>“On upscaling of the National Social Safety-Net Project, NSSNP; these projects under the National Social Safety-Net, the Condition Cash Transfer, the updating of the National Social Register and the Rapid Response Register, RRR, are to cushion the effect of inflation.</p>
<p>“This is all I can say for this. I cannot really give full details of how this amount is going to be utilised because it is something that was negotiated between the ministry of finance and World Bank.”</p>
<p>The chairman of the committee, therefore, approved the motion to summon the minister of finance to appear before the committee to give explanation about the N206 billion.</p>
<p><strong><em>Source: NAN</em></strong></p>
<p>The post <a href="https://frontpageng.com/senate-summons-finance-minister-over-n206bn-inserted-in-budget/">Senate summons finance minister over N206bn inserted in budget</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
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		<title>EFCC hands over Badeh’s forfeited 13-bedroom property to NEDC </title>
		<link>https://frontpageng.com/efcc-hands-over-badehs-forfeited-13-bedroom-property-to-nedc/</link>
		
		<dc:creator><![CDATA[Ezekiel Johnson]]></dc:creator>
		<pubDate>Fri, 09 Aug 2019 06:36:36 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[alex badeh]]></category>
		<category><![CDATA[EFCC]]></category>
		<category><![CDATA[frontpageng]]></category>
		<category><![CDATA[nedc]]></category>
		<category><![CDATA[news]]></category>
		<category><![CDATA[nigerian newspapers]]></category>
		<category><![CDATA[property]]></category>
		<guid isPermaLink="false">https://frontpageng.com/?p=11058</guid>

					<description><![CDATA[<p>The Economic and Financial Crimes Commission, EFCC, has handed a property forfeited by the late Chief of Defence Staff, Air Chief Marshal Alex Badeh, to the North East Development Commission, NEDC. The property is a-13 bedroom, one-storey building and a basement. The handing over was made known by the spokesman of the EFCC, Mr. Tony [&#8230;]</p>
<p>The post <a href="https://frontpageng.com/efcc-hands-over-badehs-forfeited-13-bedroom-property-to-nedc/">EFCC hands over Badeh’s forfeited 13-bedroom property to NEDC </a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Economic and Financial Crimes Commission, EFCC, has handed a property forfeited by the late Chief of Defence Staff, Air Chief Marshal Alex Badeh, to the North East Development Commission, NEDC.</p>
<p>The property is a-13 bedroom, one-storey building and a basement.</p>
<p>The handing over was made known by the spokesman of the EFCC, Mr. Tony Orilade.</p>
<p>He said the property at No 6, Ogun River Street, Maitama, Abuja, was handed over to NEDC management by EFCC Director of Operations, Mr Muhammed Umar.</p>
<p>Umar represented the Acting Chairman of EFCC, Ibrahim Magu.</p>
<p>He explained in a statement issued in Abuja on Thursday that the forfeiture of the property followed the order of the court after Badeh was prosecuted over a case of money laundering.</p>
<p>“I wish to congratulate the management and staff of the NEDC on taking the ownership of this beautiful edifice.</p>
<p>“I equally want to implore the commission to put the property into maximum use for the benefit of the staff of the commission and the country at large,” Magu was quoted as saying.</p>
<p>Upon receiving the property, the Chairman NEDC, retired Maj.-Gen. Paul Tarfa, expressed appreciation and promised to support the government in the anti-corruption war.</p>
<p>His words:  “We are grateful to the Federal Government and EFCC for allowing us to use this place permanently as office or liaison office, here in Abuja.</p>
<p>“We appreciate this gesture, because we understand that ministries and other departments and agencies have been trying to get this place but because of the importance government attaches to NEDC, we are glad that we have been considered for this.”</p>
<p>The post <a href="https://frontpageng.com/efcc-hands-over-badehs-forfeited-13-bedroom-property-to-nedc/">EFCC hands over Badeh’s forfeited 13-bedroom property to NEDC </a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
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