Business
Govt Restores 450MW To Grid After Power Fleet Revamp
The four-week extended minor inspection, coThe Federal Government, through the Niger Delta Power Holding Company, has restored 450 megawatts of generation capacity to the national grid following the completion of scheduled maintenance works on the Geregu National Integrated Power Project plant in Kogi State.nducted by Siemens Energy, was executed to improve the facility’s reliability and operating efficiency. The intervention also extended the plant’s Equivalent Operating Hours, strengthening one of the country’s most strategic generation assets.
The development was disclosed in a statement on Monday by the Head of Corporate Communications and External Relations at NDPHC, Emmanuel Ojor.
According to the Managing Director/Chief Executive Officer, Jennifer Adighije, the Geregu recovery forms part of a wider effort to revive previously dormant assets across the company’s power fleet.
The statement read, “The Niger Delta Power Holding Company has successfully restored an additional 450MW of generation capacity to the national grid following the completion of scheduled maintenance on the Geregu NIPP plant.
“The four-week extended minor inspection, undertaken by Siemens Energy, was executed to enhance the facility’s operational reliability, performance, and efficiency, thereby extending the plant’s Equivalent Operating Hours and operational life span.”
She revealed that six gas turbines that had been idle for years have been restored within the last 12 months, including GT4 at the Calabar NIPP, GT1 at Omotosho II, GT1 and GT2 at Benin NIPP, GT4 at Sapele NIPP, and GT3 and GT4 at Alaoji NIPP, which are now awaiting pre-commissioning once gas supply constraints are resolved.
Collectively, the restored units will contribute about 875MW to NDPHC’s mechanically available capacity, one of the largest single-year recoveries by a power generation company in recent years.
“The company has also recovered six previously dormant gas turbines across the NDPHC fleet of gas turbines. These include GT4 at the Calabar NIPP, GT1 at Omotosho II, GT1 and GT2 at Benin NIPP, GT4 at Sapele NIPP, and currently GT3 and GT4 at Alaoji NIPP on standby for pre-commissioning after gas supply remedial works,” the statement added.
Adighije also announced the commencement of restoration works on the 225MW Gbarain NIPP plant in Bayelsa State, which has been out of service since 2020.
She described the project as “a major step toward recovering dormant national power assets,” adding that its rehabilitation will support the company’s commercialisation plans aimed at powering key industrial and commercial clusters in the Niger Delta.
Despite persistent challenges relating to gas supply shortages, grid instability, and liquidity pressures across the power sector, NDPHC said it had recorded significant operational and financial breakthroughs.
These include the recovery of 110 containers loaded with critical turbine parts and Heat Recovery Steam Generator components, which were abandoned at Onne Port for more than nine years.
Other milestones include: commencement of the Light Up Nigeria, Agbara industrial cluster project designed to deliver stable electricity to the Agbara Industrial Estate; development of a 10MW embedded solar plant for an industrial zone in Kano; completion of key transmission and distribution projects in Borno and Delta States; and completion of the Afam–Ikot Ekpene 330kV double-circuit line, a long-delayed grid-expansion project.
NDPHC also recovered over $10m from legacy bilateral customers, secured $15m insurance claims for the Alaoji power plant fire incident, and is currently working with the Nigerian Electricity Regulatory Commission on mechanisms for recovering its investments in Transmission Company of Nigeria’s infrastructure.
The company further resolved longstanding commercial disputes with ACCUGAS, leading to an amendment of the gas supply agreement that reduces exposure to the Federal Government.
Beyond infrastructure, Adighije said the company had introduced internal reforms to improve accountability and staff welfare. These include a procurement benchmarking desk to streamline processes, computer-based testing for performance evaluation, and a management support allowance to cushion the impact of fuel subsidy removal.
She explained, “Other success stories include recovery of over $10 million in legacy debts from bilateral customers, securing $15 million in insurance claims for the Alaoji plant fire incident, advanced engagements with NERC on recovering NDPHC’s investments in TCN’s transmission expansion projects, resolution of longstanding commercial issues with ACCUGAS, leading to an amendment of gas supply agreement which reduces government’s exposure.
“To strengthen accountability and staff welfare, the management of NDPHC has introduced a procurement benchmarking desk for streamlining procurement practices, Computer-Based Testing for enhanced staff performance management, and a management support allowance to cushion the impacts of fuel subsidy removal.”
Reaffirming NDPHC’s long-term mandate, Adighije said the company remained committed to “restoring dormant capacity, stabilising operations and supporting Nigeria’s goal of a more reliable and sustainable electricity supply chain.”
She added that the management would continue to prioritise transparency, accountability, and stakeholder engagement as it works to “unlock universal access to electricity that powers businesses and households across the country.”
NDPHC is the special-purpose vehicle managing Nigeria’s National Integrated Power Project, created in 2005 to accelerate power infrastructure development. Many NIPP plants have suffered years of underutilisation due to gas shortages, delayed transmission projects, and liquidity challenges in the electricity market.
The recent restoration efforts mark one of the most aggressive recovery drives undertaken by the company since its inception.
Business
67 States: New Nigeria’s Map with Proposed 31 New States
Nigerians have continued to react to the proposal for the creation of 31 more states in Nigeria received at the House of Representatives
The House of Representatives Committee on Constitutional Review during plenary on Thursday, February 6, disclosed that it has received proposals for the creation of 31 new states
However, Kayode Okikiolu, a veteran journalist, shared how Nigeria’s map would look should the proposal scale through the National Assembly.
Reactions have continued to trail the proposed 31 additional new states at the House of Representatives. This is Kayode Okikiolu, a journalist, who shared a video of how Nigeria’s map would look should the proposal scale through.
The journalist maintained that the proposed new states are proposals and proposals do not become law automatically. He added that there is a tedious process for a proposal to become a law, adding that it would require the approval of two-thirds of the house for it to scale through.
Okikiolu recalled that the last time states were created was in 1996, which was during the regime of the former military head of state, the late General Sani Abacha.
The House of Representatives Committee on Constitutional Review during plenary on Thursday, February 6, disclosed that it has received proposals for the creation of 31 new states in the country.
Benjamin Kalu, the deputy speaker of the chamber, during the plenary session, disclosed the development, while reading the letter of the committee which contained the proposed states.
Nigeria is expected to move from 36 states to 67 if the proposal for the state creation is approved.
However, the proposal has been condemned by Rotimi Sulyman, stating that it was not the next thing for Nigeria as he advocated for true federalism. Rotimi made the comment in an exclusive interview with legit.ng. He said:
“I don’t think the idea serves any productive purpose. To what end would the creation of more 31 states be, when the existing 36 states are mostly not viable and live on handouts from the federal government?
” I think if we are serious, we should be talking of true federalism to the letter, which would entail every part of the country harnessing its resources for economic and national developments.”
Nigerians react as new map emerged
However, Kayode’s tweet has started generating reactions from Nigerians. Below are some of their comments:
Monarch wrote: “The northern states which are all ridiculously large are barely touched. Just want to further breakup the south.”
Chudi Nduka commented: “What would be interesting is a presentation of a proposal to cut down political office holdings, a reduction of 109 senators to 36/37 senators (1 per state). 360 HORep to 109 HOR (3 per state).”
Xplorer reacted: “I think giving power to local government is better than creating another 36 States.”
Olamiposi commended the journalist: “The moment I saw those animals, I knew Kayode would do or say something to make them part of the video. Weldone Baba n’la.
Mr Abu Nana demanded for 776 states: “Personally I prefer 776 states.”

Business
BREAKING: Gunmen Abduct Students, Principal, NECO Officer In Fresh Attack
…One Student Rescued – Police
Gunmen on Tuesday attacked Government Secondary School, Odo-Ekina, in Dekina Local Government Area of Kogi State, abducting four students, the school principal and a National Examinations Council (NECO) ad hoc staff member.
The attack occurred at about 5:25 p.m. while the students were writing their NECO examination. according to the Kogi State Police Command.
Confirming the incident, the State Police spokesperson, ASP Saliu Oyiza Afusat, said one of the abducted students has been rescued, while efforts are ongoing to secure the release of the remaining victims and apprehend the attackers.
She said that the state Commissioner of Police, CP Naziru Bello Kankarofi, alongside the Brigade Commander and the State Security Adviser to the Governor, Commodore Jerry Omodara (Rtd), are already on the way to the scene for an on-the-spot assessment.
The police said a more detailed statement would be issued as additional verified information becomes available.
Source: Vanguard
Business
Dangote Refinery Fixes Petrol Price in New Pricing Template
Dangote Petroleum Refinery has fixed the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, at $0.779 per litre as it officially transitioned to a dollar-denominated pricing system for refined petroleum products.
The new pricing template, which took effect on Monday, July 13, 2026, also pegs Automotive Gas Oil (diesel) at $1.087 per litre and aviation fuel at $0.942 per litre, while coastal deliveries of petrol have been priced at $1,044.62 per metric tonne.
The move effectively ends naira payments for petrol, diesel and aviation fuel purchased from the refinery, marking a significant shift from the naira-based transactions introduced under the Federal Government’s naira-for-crude policy, which commenced on October 1, 2024.
In a notice to petroleum marketers and customers, the refinery said all previously issued naira-denominated Proforma Invoices (PFIs) and Deal Recaps for both gantry and coastal transactions had become invalid.
The notice, signed by the refinery’s Group Commercial Operations, stated: “Following our email of July 9, 2026, regarding the transition from naira to United States dollars (USD), please note that all issued naira coastal and gantry PFIs/Deal Recaps are now invalid, and no payments should be made against them.
“The applicable USD prices for each product, effective today, July 13, 2026, are provided below.”
Under the revised pricing template, petrol sold through the gantry will cost $0.779 per litre, diesel $1.087 per litre, aviation fuel $0.942 per litre, while coastal PMS supplies will sell for $1,044.62 per metric tonne.
The refinery, however, clarified that the transition does not affect Liquefied Petroleum Gas (LPG) transactions.
“Also note that this transition to USD does not apply to LPG transactions,” the notice added.
Industry sources said the change was necessitated by an increasing mismatch between the currency used to purchase crude oil and the currency in which refined products were being sold.
According to one source familiar with the development, Dangote Refinery now receives a significant portion of its crude oil from the Nigerian National Petroleum Company Limited (NNPCL) under dollar-denominated supply arrangements, while a large volume of refined products has continued to be sold domestically in naira.
The source said the imbalance had heightened the refinery’s exposure to foreign exchange risks.
Another industry official explained that the refinery had received fewer crude cargoes under the naira-for-crude arrangement in recent months, making it commercially necessary to align product sales with the currency used for crude procurement.
“Dangote Refinery is receiving fewer naira-denominated crude cargoes from NNPCL than dollar-denominated cargoes, while a larger volume of its petroleum products has been sold in naira.
“The resulting currency mismatch, combined with volatility in international crude oil prices and continued exchange-rate uncertainty, made it necessary to migrate product sales to dollars,” the source said.
The development is expected to have far-reaching implications for petroleum marketers, many of whom source products directly from the refinery for nationwide distribution.
It also raises fresh questions about the future of the Federal Government’s naira-for-crude initiative, which was introduced to strengthen domestic refining, reduce pressure on foreign exchange demand and help stabilise fuel prices.
Although the refinery has fixed a dollar benchmark for product sales, the retail pump price of petrol across the country will continue to depend on several factors, including the prevailing naira-dollar exchange rate, international crude oil prices, transportation and logistics costs, regulatory charges and marketers’ margins.
With Dangote Refinery now accounting for a substantial share of Nigeria’s refined petroleum supply, industry stakeholders are expected to closely monitor how the new pricing regime influences fuel prices and competition in the deregulated downstream petroleum market.
Source: Tribune
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