News
Tinubu urges US to help Africa strike balance between poverty, green energy transition
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President Bola Tinubu has called for stronger and better cooperation with the United States, as Nigeria and the rest of the world move in the quest for renewable and other sources of clean energy.
He spoke during a meeting with United States Assistant Secretary of State, Bureau of Energy Resources, Ambassador Geoffrey Praytt, at the State House, Abuja on Monday.
President Tinubu presented his own perspectives to the US delegation on the role of Nigeria as an oil producing country and the importance of revenue from fossil oil to national economic well-being.
Nigeria, according to the President, will honour all its obligations to climate change and quest for clean energy.
President Tinubu appealed to the United States and other developed nations to recognize that Nigeria and Africa have a challenge of poverty that must be addressed, saying in the race for energy transition, the world must have the right balance between fossil fuels and green energy.
“Nigeria is an oil producing nation and a developing economy that needs revenue from fossil fuels for growth and development. The new energy we are talking about represents just 5% of global energy requirements. We must find the right balance between new energy and fossil fuels because we have a problem of poverty in Africa.”
On the nexus between the problem of poverty in Africa and fragility of democracy on the continent, President Tinubu admonished the United States to work with Nigeria to protect the government of the people.
He also urged the Assistant Secretary of State to impress on his home government the urgency of responding to the needs of Nigeria.
“Our democracy needs protection like all other democracies in the world. We cherish our partnership with the US. My concern is whether the United States is giving us as much as we need. The US should not make us hungry to the point where we will have to eat the dinner of our enemy.
“We need the funding support to help us drive and accelerate our energy diversification. There are bottlenecks that must be unbottled in terms of how the US bureaucracy responds to our needs. Help must be given when it is needed. We are ready to learn and develop to join the 21st century economy. Please take it home that we need help and very quickly too. I am honoured by your recognition of the baby steps we have taken so far. I want to assure you that Nigeria will honour her obligations on climate change and renewables,” the president said.
Ambassador Praytt, in his remarks, extolled the bold economic initiatives already taken by President Tinubu with respect to fuel subsidy removal and unification of multiple foreign exchange rates.
He said he was in the country partly to inform the president that President Joe Biden is in support of the steps taken so far by Nigeria to reduce the impact of fossil fuels.
“We are opening a new page in US relations with Nigeria. Nigeria is taking important steps in growing the renewable energy to meet the needs of her citizens.
“We are very happy with our work with NNPCL and your team. Your new Special Adviser on Energy is already doing very well,” the US Envoy said.
Earlier in his introductory remarks, Group Managing Director of NNPC Limited, Mele Kyari, told the President that the energy industry in Nigeria had been engaging the US Department of Energy on the energy transition.
Kyari acknowledged the support the Nigerian government received from the US Department of Energy to develop the Petroleum Industry Act.
News
Transport minister refutes claims of high-speed rail approval
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The Federal Ministry of Transportation has dismissed reports claiming that a high-speed bullet train linking Lagos and Abuja is set to cut travel time between both cities to just two to three hours.
In a statement issued by the ministry’s management, it was clarified that the news report, published by a major news media (not Vanguard) on February 18, 2025, was false and misleading.
The report alleged that Nigeria’s transport sector was undergoing a revolution with the imminent launch of the bullet train, citing the Director of Operations at Geofocus Consortium, Engineer Yinka Idris, as its source.
The ministry confirmed that Geofocus Consortium had submitted an unsolicited proposal for the Lagos-Abuja bullet train project in 2016 under a Public-Private Partnership (PPP) model with 100% private sector financing.
However, it was only in 2024 that the Outline Business Case (OBC) for the project was forwarded to the Infrastructure Concession Regulatory Commission (ICRC) for due diligence.
News
I don’t have godfathers — Gov Okpebholo
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Governor Monday Okpebholo of Edo State has dismissed claims that he was handpicked by political godfathers to be remotely controlled as the state’s number one citizen.
Okpebholo debunked the claims during an interview on Channels Television’s Politics Today programme when questioned about his political lineage.
According to him, it was Almighty God who used certain individuals to support his governorship ambition and help him assume office.
“Can you even point out one godfather who was pushing me?” he asked.
“God was using people to help me, to support me, to get to where I am today,” he added.
News
Nigeria’s NNPC gives update on fire outbreak at oil facility in Rivers
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The Nigerian National Petroleum Company Limited, NNPC, has said the fire outbreak that started on a dry crude storage barge at Cawthorne Channel 1 in Rivers State has been successfully extinguished.
The spokesperson for NNPC, Olufemi Soneye, disclosed this in a statement on Thursday.
Recall that the BESTAF 5 barge caught fire around 2:00 p.m. on Wednesday, causing panic in the area.
However, NNPC confirmed that the incident did not affect operations at the flow station in the vicinity.
According to the state-owned oil firm, no lives were lost during the incident.
“Thanks to the swift response of our emergency teams and industry partners, the fire was successfully contained. The incident did not impact flow station operations,” Soneye said.
The NNPC spokesperson also assured the public of the company’s commitment to safety, environmental protection, and operational integrity.
“Most importantly, there were no casualties, and all personnel are safe. NNPC Ltd. prioritizes safety and remains fully committed to environmental protection and operational integrity,” Soneye stated.
Reports indicate that government authorities have commenced investigations to determine the cause of the incident.
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