Nation
‘Nigeria, Others Lose $110bn Annually To Inefficient Power Supply’
The Executive Director, Sahara Group, Kola Adesina, has called on various stakeholders to promote energy access in Africa, as lack of energy costs Nigeria and other African countries over $110billion annually.
He also urged the World Trade Organisation (WTO) on the need to galvanise the interest and support of various stakeholders to promote equitable global trade relations and energy access in Africa where almost 600 million live without electricity.
Adesina, who spoke on ‘Redirecting the World Trade Organisation’ at the virtual 2021 Horasis Global Meeting, said deploying multilateral engagements would help circumvent the status quo that has made global trade relations “somewhat lopsided.”
Horasis is one of the foremost annual meetings of the world’s leading decision-makers from business, government, and civil society.
Speaking on access to power in Africa, Adesina said the WTO should explore collaborating with the various stakeholders to accelerate the pace of technology needed to make alternative power cheaper and more accessible to the consumers.
Africa is home to 17 per cent of the world’s population, but accounts for just 4 per cent of global power supply investment.
On a per capita basis, power supply investment in Africa ranks among the lowest in the world and lack of energy costs the continent over $110billion annually.
“The Environmental Impact Analysis of conventional power sources should be the focal point of conversations with African presidents as well as key political and business leaders to ensure their support and agree to a collective and sustainable solution template.
“The WTO must ensure that multilateralism guides its decision-making. The countries of the world are not all on the same pedestal, there should be consideration for the poor countries.
“The WTO should create a system where countries come together to create a united front to handle the issues the world is facing,” he said.
Adesina explained that multilateral strategies would create “elastic solutions” that can be adapted with respect to the unique challenges and opportunities across global trade blocs.
He argued that while sustainability should be the ultimate driver of development, concessions need to be in place to effectively manage the current challenges of less developed continents.
He stated, “Africa still suffers from the twin challenge of access versus affordability of electricity. We all need each other to solve the global challenges we face as individual countries and the world.
“A strong commitment is needed to maintain open and free trade; to keep open borders and to help the poorest countries, particularly least developed countries, survive the economic shock created by the Covid-19 pandemic.”
The Horasis session noted that with protectionism gaining steam globally, the WTO would need to reinforce its influence on stabilizing global trade negotiations.
Experts expect that the WTO, under the leadership of Dr Ngozi Okonjo-Iweala would spearhead effective reforms that would make the organization play a strategic role in promoting equity and transparency in the quest for global sustainable development.
The Senate yesterday approved the bills for the establishment of Federal University of Medical and Health Sciences and College of Education, Bende at its plenary session.
The two bills sponsored by the Deputy Speaker of the House of Representatives, Hon . Benjamin Kalu came to the Senate for concurrence after the approvals from the House of Representatives.
The Deputy Leader of the Senate, Sen. Lola Ashiru in the absence of the Majority Leader presented the recommendations of the Lower Chamber for consideration and Concurrence .
The Bill for an Act to establish Federal College of Education, Bende in Abia State seeks to provide full-time courses, training in technology, applied sciences, commerce, social sciences, arts and humanities among others.
Kalu had in his lead debate stated that Bende has remained undivided since its creation in 1976, even though with the size of four local government areas as found in comparative federal constituencies.
“Despite its strategic location in Abia and sharing a border with Akwa Ibom, with a growing population and landmass, there is no tertiary institution in the Federal Constituency operated either by Federal or State Government. Bende deserves to have the presence of a tertiary institution to serve the education need of the teeming youthful population, especially now that the need for well-trained educationists has risen. This is accompanied by the need to fill the gaps created by both the consequences of brain drain and the lack of qualified educationists to provide quality training at all levels of education,” he said.
For the bill seeking the establishment of Federal University of Medical and Health Sciences, Bende, Abia State, he said when it becomes law, the university will be charged with the responsibility to, among other things, offer full-time training leading to the award of degrees in medical and health sciences.
Nneka Amaechi-Nnadi
South East Caucus of the Senate has appealed to President Bola Ahmed Tinubu to immorttalise late Professor Humphrey Nwosu considering his commitment to achieving a practical democracy for Nigerian.
The Senators visibly angered by the Senate’s rejection of the need to immortalise the late National Electoral umpire who stood for democracy through the turbulent 1993 elections stormed out of the Senate Chambers and spoke to the press .
The Chairman of the South East Caucus, Senator Enyinnaya Abaribe ( Abia South), as he did in plenary on Wednesday, presented a motion for immortalisation of Humphrey Nwosu by naming the national headquarters of the Independent National Electoral Commission ( INEC) , after him , for laying the foundation in 1993 and conducting the freest and fairest Presidential election in the country .
The late Professor Nwosu was the National Chairman of the National Electoral Commission ( NEC) , now known as Independent National Electoral Commission ( INEC) , who through option A4, conducted the June 12, 19993 presidential election , adjudged to be the freest and fairest in the country.
Abaribe in the motion co – sponsored by 15 other Senators , said late Humphrey Nwosu deserved to be immortalised like other heroes of the June 12 , 1993 presidential election .
He also urged the Federal Government to honour the late former electoral umpire with post humous national honours .
But Abaribe’s request , seconded by Senator Victor Umeh (Anambra Central) and supported by Senators from the South East including forner Senate Leader, Yahaya Abdullahi ( Kebbi North) , was roundly rejected by other Senators who said the deceased deserved no immortalization .
Specifically , Senator Adams Oshiomhole ( Edo North) , in his contribution to the debate said the motion to him, was nothing but an attempt to manipulate and rewrite history.
“ Professor Humphrey Nwosu as NEC Chairman in 1993, failed to deliver on the June 12 , 1993 Presidential Election for lack of Courage
“ He who is not ready to die for something , will die for nothing
“ If he was afraid of the gun from announcing the election results and winner in 1993 , he cannot be rewarded now , more so, when many Nigerians died for what he inadvertently created “, he said .
Nneka Amaechi -Nnadi
The Chief of Defence Staff (CDS), Gen. Christopher Musa, says the Nigerian Military is committed to facilitating sustainable food security in the country through the establishment of farms.
Musa said this in Abuja yesterday during the unveiling of the Defence Farm and Agro-Allied Products Logo.
He noted that the agricultural sector played crucial role in guaranteeing food security which was requisite for sustainable national security.
He said that the adverse impact of climate change, environmental degradation and conflict across some parts of the country had continuously threatened food security with dire consequences on national security.
According to him, to address this, the Defence Headquarters in May 2023, conceptualised the Defence Farm and Agro-Allied Products initiative.
“This is with the aim of keying into the federal government’s efforts at addressing food security challenges in the country.
“The initiative which aligns with the ‘People Centric’ policy thrust of my leadership concept is aimed at creating job opportunities and enhancing rural infrastructural development while significantly contributing to food security in the Country.
“Considering the extensive consultation, planning and preparation made by the committee thus far, I am optimistic that the Defence Farm and Agro-Allied Products initiative will have a positive transformative impact on host communities while enhancing national security.
“With similar initiatives replicated across the country, I envision a future characterised by modernised farming techniques in which the agricultural sector significantly contributes to economic growth and national development.”
The CDS enjoined all members of the Armed Forces and the general public to embrace the initiative and maximise its associated gains.
He expressed gratitude to President Bola Tinubu, for his sterling leadership and relentless pursuit of national peace, security and economic prosperity.
He also appreciated the efforts of members of the committee who worked assiduously to actualise the initiative.
Earlier, the Chairman, Defence Farms Committee,