General News
Thefts, Others Hobble Power Sector

Thefts, infrastructure vandalisation, obsolete equipment due to either low or poor maintenance amongst other reason have combined to hobble the newly privatised power sector.
These revelations were thrown up when members of the Senate Committee on privatisation, led by Senator Olugbenga Obadara, chairman, who paid scheduled visits to three successors companies of the defunct public monopoly in Lagos and Ibadan.
At the Ikeja Electricity Distribution Company (IKDC), one of two DISCOs serving Lagos state, Abiodun Aifwobaje, managing director told the committee they have had to re-engage 567 former staff of the defunct Power Holding Company of Nigeria (PHCN) to complement the 2,070 it inherited.
Aifwobaje told members of the Senate Committee the new power firm was committed to serving the public effectively.
He told the lawmakers of the commitment of the company to become a leading utility business company in the country by providing “safe, reliable and quality service to customers at fair and reasonable costs; and to achieve this,” he said the new owners had taken some initiatives to reposition the company.
These he said included: “training and retraining for staff, repair or replacement of malfunctioning transformers and completion of abandoned distribution projects among others.”
On the challenges facing the company, he told the committee members that IKDC has an installed capacity of 1684MW, but was only able to distribute 421MW to customers out of the maximum demand of 938MW due to shortage of supply from the Generation Companies, power theft and vandalisation of power installations.
The Senate Committee also paid similar fact finding visit to the Eko Electricity Distribution Company (EKEDC), which serves most of the Lagos business districts. Oladele Amuda, managing director of the company told the committee members they were committed to providing uninterrupted and sustainable power supply to its customers.
Towards achieving the goal of smooth power distribution, Amuda said the company plans to invest N45bn in the next five years while $150 million would be spent immediately on capital projects to meet customers’ needs, network rehabilitation and reinforcement.
He however complained of poor power supply from the National Grid, power theft, illegal connections and vandalism of power installations as some of the challenges they were facing. He appealed to the Committee members to intervene so that generation companies could supply adequate power to the
distribution companies for adequate distribution of power to consumers and for increased financial returns.
At the Ibadan Electricity Distribution Company (IBEDC), CEO Atoy Leynes expressed the readiness of IBEDC to meet consumers’ needs as long as the generation companies can keep up with their demand.
He listed the challenges facing IBEDC as: “Poor asset performance due to age, poor transmission infrastructure and the absence of land to put up its headquarters.” Leynes requested that for the distribution companies to become financially viable to undertake aggressive investments in the power industry there should be a tariff structure that is cost reflective and the review of asset classification (Core/Non Core) of DISCOs as some assets classified as Non Core were essential to the distribution network.
In his remarks, Senator Olugbenga Obadara, chairman of the committee, assured the distribution companies that the Committee would do everything within its powers to find a lasting solution to shortage of power supply from the National Grid.
On power theft and vandalism, Obadara advised the distribution companies to liaise with security agents to set up a Task Force to checkmate the criminal acts.
The Committee members also visited Egbin Power Station where the Senate Committee Chairman, Senator Olugbenga Obadara noted that “everything concerning power supply starts from generation. If generation is not adequate, it directly affects distribution and the consumers on the whole”.
He therefore called on the management to strive to achieve sufficient power generation and to actualize the dream of privatisation.
General News
NSE, Indian Firm Donate Design Software to Universities

Nigerian Society of Engineers (NSE), in collaboration with MIDAS IT, India, have donated engineering software valued at over $15 million to 15 Nigerian Universities.

MIDAS IT is also conducting a technical workshop to train the universities on the use of the engineering software in designing structures, especially in the area of civil engineering.
Mrs Margaret Oguntala, president of NSE, at the handover ceremony, in Abuja, said the collaboration, which is in line with the Society’s mission, is aimed at training young Engineers who would lead the profession in the future
She advised the benefiting universities to use the software productively and to ensure that the students transition from academic concepts to real-world applications.
“I would like to emphasize that the future of our profession lies in the hands of our young ones. It is our collective duty to guide, support, and inspire them to rise to their full potential.
“Through structured mentorship and active knowledge-sharing, we can equip the next generation to lead the engineering profession with vision, competence, and excellence.
“As the world continues to embrace the Fourth Industrial Revolution, it has become increasingly critical for us as a country to create deliberate pathways for our young innovators to transition from classroom concepts to real-world applications.
“I therefore urge the benefiting universities in this programme to intensify their efforts in closing the gap between academia and industry. By doing so, we will ensure that our engineering graduates are well-prepared to function effectively and confidently in the professional space from the moment they leave the university,” she said.
Minister of Innovation, Science and Technology, who was represented by the Okoro Ikechukwu, director of ICT, said the Ministry would always support any action that strengthens the link between Education, innovation, and industry.
“We are always committed to supporting initiative that strenghtens the linkage between education, innovation, and industry, and of course, to drive our collective vision for a knowledge-based and technology-enabled Nigeria. We are always open for partnerships in this regard,” he said.
Mr Bello Goronyo, minister of State for Works, said, “I am particularly pleased to see that this handover is accompanied by a Technical Training Workshop. The best software in the world is useless without skilled hands to operate it.
“This crucial step ensures that the knowledge transfer is complete, empowering our lecturers and coordinators to fully integrate these tools into their curricula for maximum impact.
“The Federal Government’s agenda prioritizes quality infrastructure and local content development and is committed to facilitating a fertile ground for collaboration between industry, government, and academia to advance our technological competitiveness.
“Today’s event is a vibrant demonstration of that commitment,” he said.
Naga Ravi Anne, managing director, Africa and UAE Region of MIDAS IT, emphasised the importance of providing the right tools that would facilitate training for children.
He added that this first stage of donation is focused on supporting civil engineering and that they would consider providing software for mechanical engineering in the next stage.
Abdulrahman Salawu, Vice Chancellor of Confluence University of Science and Technology, on behalf of the 15 universities, promised to use the software effectively, adding that the universities would work towards developing their own software.
General News
New Science Minister Charts Roadmap for Innovation, National Development

Kingsley Tochukwu Udeh, Nigeria’s newly appointed minister of Innovation, Science and Technology, has pledged to reposition the ministry as a catalyst for national development through a renewed focus on innovation, research, and technology-driven solutions.

Speaking at a leadership strategic meeting with directors and heads of agencies under the ministry in Abuja on Friday, Udeh said the session was convened to chart a 12-month strategic plan aligned with President Bola Ahmed Tinubu’s Renewed Hope Agenda.
“We have identified the key things that we, as an ecosystem — the ministry and its agencies — want to achieve in the next 12 months in line with the Renewed Hope Agenda,” Udeh said.
“We understand the importance of our mandate. If we are to rise to become one of the leading nations of the world, we must take innovation, science and technology seriously — and we have resolved to do exactly that.”
Udeh emphasised that science, technology and innovation (STI) are central to Nigeria’s transformation, not only in economic growth but also in addressing challenges such as insecurity, unemployment, and underdevelopment.
“It will be innovation, science and technology that provide solutions to advance our progress and development — that even tackle the hard-headed monster of insurgency and terrorism,” he stated.
The minister said the meeting produced a set of “quick wins” that would begin to show visible impact from next week. He also underscored the need for synergy and teamwork among all agencies under the ministry to deliver measurable results.
“We have agreed as a leadership that we will work as a team, identify quick wins, and begin to make remarkable impacts immediately. What will make us relevant is the impact we make in the lives of Nigerians,” Udeh added.
Udeh, who was confirmed by the Senate in November 2025 following his nomination by President Tinubu, replaces Uche Geoffrey Nnaji, who resigned in October.
The meeting concluded with a pledge of unity among the ministry’s leadership and a commitment to ensuring that Nigeria’s innovation and technology ecosystem drives inclusive national progress.
General News
Senate Committee Says $300Bn Lost to Oil Theft

The Senate ad hoc committee investigating persistent crude oil theft in the Niger Delta has disclosed that a forensic audit conducted by independent consultants revealed that suspected oil thieves stole more than $300 billion worth of oil, which ought to have been Nigeria’s proceeds from crude oil sales.

Senator Ned Nwoko, chairman of the committee made the disclosure this while presenting an interim report of the committee during Wednesday’s plenary, adding that the findings were based on a forensic review conducted by consultants engaged by the committee.
The Senator representing Delta North Senatorial District explained that the stolen funds were traced to both local and international transactions, however, requested that the committee should be given the mandate to track, trace, and recover all proceeds of stolen crude oil both locally and internationally
“The ad hoc committee should be given the mandate to track, trace, and recover all proceeds of stolen crude oil both locally and internationally, as forensic review by the consultant shows over $22 billion, $81 billion, and $200 billion remains unaccounted,” he said.
Nwoko who did not disclosed identity of the consultants, stated that the period covered by the forensic report, the identities of the suspected perpetrators and the companies allegedly involved.
The federal lawmaker, however, pointed out that the report was interim, suggesting that more findings would be made public in the committee’s final submission, adding that the committee recommended that the Nigerian government establish a special court dedicated to prosecuting oil-related offences and offenders appropriately.
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