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Peace Profound 🦅
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BATists and a progressive | CATHOLIC |ArsenalFC! I’d rather be flying 🦅 ✈️ | scrabble | 🐇 farmer.
Katılım Şubat 2022
734 Takip Edilen307 Takipçiler
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Electricity now costlier than house rent — Abia residents groan over crazy bills
vanguardngr.com/2026/04/electr…
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Peace Profound 🦅 retweetledi
Peace Profound 🦅 retweetledi

PRESIDENT TINUBU APPROVES N3.3 TRILLION PAYMENT PLAN TO RESTORE RELIABLE ELECTRICITY
President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.
The debt repayment plan followed the final review of the legacy debts that have beset the power sector for more than a decade.
The long-standing debts accumulated between February 2015 and March 2025. Following verification, ₦3.3 trillion has been agreed as a full and final settlement, ensuring a fair and transparent resolution.
Implementation has begun, with 15 power plants signing settlement agreements totalling ₦2.3 trillion. The Federal Government has already raised ₦501 billion to fund these payments. Out of the amount, N223 billion has been disbursed, with further payments underway.
What this means for Nigerians: With payments reaching the power value chain, generation will be more stable. With power plants supported, electricity reliability will improve.
And as the sector stabilises, more investment, more jobs, and better service will follow.
“This programme is not just about settling legacy debts. It is about restoring confidence across the power sector — ensuring gas suppliers are paid, power plants can keep running, and the system begins to work more reliably," explained Olu Arowolo-Verheijen, Special Adviser on Energy to President Tinubu.
“It is part of a broader set of reforms already underway — including better metering and service-based tariffs that link what you pay to the quality of electricity you receive.
“The government is also prioritising power supply to businesses, industries, and small enterprises — because reliable electricity is critical to creating jobs, supporting livelihoods, and growing the economy.
“The goal is simple: more reliable power for homes, stronger support for businesses, and a system that works better for all Nigerians," she added.
President Tinubu has commended all stakeholders who supported efforts to resolve the legacy issues in the power sector. He has also confirmed that the next phase (Series II) will begin this quarter.
English
Peace Profound 🦅 retweetledi
Peace Profound 🦅 retweetledi

STATEHOUSE PRESS RELEASE
PRESIDENT TINUBU APPROVES N3.3 TRILLION PAYMENT PLAN TO RESTORE RELIABLE ELECTRICITY
President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.
The debt repayment plan followed the final review of the legacy debts that have beset the power sector for more than a decade.
The long-standing debts accumulated between February 2015 and March 2025. Following verification, ₦3.3 trillion has been agreed as a full and final settlement, ensuring a fair and transparent resolution.
Implementation has begun, with 15 power plants signing settlement agreements totalling ₦2.3 trillion. The Federal Government has already raised ₦501 billion to fund these payments. Out of the amount, N223 billion has been disbursed, with further payments underway.
What this means for Nigerians: With payments reaching the power value chain, generation will be more stable. With power plants supported, electricity reliability will improve.
And as the sector stabilises, more investment, more jobs, and better service will follow.
“This programme is not just about settling legacy debts. It is about restoring confidence across the power sector — ensuring gas suppliers are paid, power plants can keep running, and the system begins to work more reliably," explained Olu Arowolo-Verheijen, Special Adviser on Energy to President Tinubu.
“It is part of a broader set of reforms already underway — including better metering and service-based tariffs that link what you pay to the quality of electricity you receive.
“The government is also prioritising power supply to businesses, industries, and small enterprises — because reliable electricity is critical to creating jobs, supporting livelihoods, and growing the economy.
“The goal is simple: more reliable power for homes, stronger support for businesses, and a system that works better for all Nigerians," she added.
President Tinubu has commended all stakeholders who supported efforts to resolve the legacy issues in the power sector. He has also confirmed that the next phase (Series II) will begin this quarter.
Bayo Onanuga
Special Adviser to the President
(Information and Strategy)
April 5, 2026


English

POWER BOOST: The president moves.
President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.
The debt repayment plan followed the final review of the legacy debts that have beset the power sector for more than a decade.
The long-standing debts accumulated between February 2015 and March 2025. Following verification, ₦3.3 trillion has been agreed as a full and final settlement, ensuring a fair and transparent resolution.
Implementation has begun, with 15 power plants signing settlement agreements totalling ₦2.3 trillion. The Federal Government has already raised ₦501 billion to fund these payments. Out of the amount, N223 billion has been disbursed, with further payments underway.
What this means for Nigerians: With payments reaching the power value chain, generation will be more stable. With power plants supported, electricity reliability will improve.

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@NationalGridNg Good one from my President. You guys just make sure you don’t embezzle the funds.
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@PBATMediaCentre My President should ensure a monitoring system to know how these funds are being utilised. It is not enough to approve and pay, Nigerians in the corridors of power at all levels are terrible humans. If they squander this money, it is your name Nigerians will call out.
English

POWER SECTOR REFORM: PRESIDENT TINUBU APPROVES N3.3 TRILLION PAYMENT PLAN TO RESTORE RELIABLE ELECTRICITY
President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.
The debt repayment plan followed the final review of the legacy debts that have beset the power sector for more than a decade.
The long-standing debts accumulated between February 2015 and March 2025. Following verification, ₦3.3 trillion has been agreed as a full and final settlement, ensuring a fair and transparent resolution.
Implementation has begun, with 15 power plants signing settlement agreements totalling ₦2.3 trillion. The Federal Government has already raised ₦501 billion to fund these payments. Out of the amount, N223 billion has been disbursed, with further payments underway.
What this means for Nigerians: With payments reaching the power value chain, generation will be more stable. With power plants supported, electricity reliability will improve.
And as the sector stabilises, more investment, more jobs, and better service will follow.
“This programme is not just about settling legacy debts. It is about restoring confidence across the power sector — ensuring gas suppliers are paid, power plants can keep running, and the system begins to work more reliably”, explained Olu Arowolo-Verheijen, Special Adviser on Energy to President Tinubu.
“It is part of a broader set of reforms already underway — including better metering and service-based tariffs that link what you pay to the quality of electricity you receive.
“The government is also prioritising power supply to businesses, industries, and small enterprises — because reliable electricity is critical to creating jobs, supporting livelihoods, and growing the economy.
“The goal is simple: more reliable power for homes, stronger support for businesses, and a system that works better for all Nigerians”, she added.
President Tinubu has commended all stakeholders who supported efforts to resolve the legacy issues in the power sector. He has also confirmed that the next phase (Series II) will begin this quarter.
Bayo Onanuga
Special Adviser to the President
(Information and Strategy)
April 5, 2026

English
Peace Profound 🦅 retweetledi
Peace Profound 🦅 retweetledi

May this season of renewal inspire hope, strengthen our unity, and reaffirm our shared commitment to a stronger, more inclusive democracy.
From all of us at INEC,
Happy Easter, Nigeria 🇳🇬
#HappyEaster

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To our Christian friends in Israel, the United States and around the world, we wish you a blessed and joyful Easter.
Christians are persecuted across the Middle East, in Syria, Lebanon, Nigeria, Turkey and beyond. But in our region, Israel alone protects our Christian community which is growing and prospering.
In this land where the story began, as missiles are fired at our capital, the holy city of Jerusalem, and as the US and Israel stand firm against the Iranian regime and its terror proxies, we continue to steadfastly protect the freedom of worship for all faiths, especially at this sacred time.
Even under fire, our commitment is unwavering: to defend life, to safeguard liberty, and to ensure that every believer can pray in peace.
May the message of renewal, hope, and faith shine brightly in your homes and hearts.
Happy Easter.
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Peace Profound 🦅 retweetledi
Peace Profound 🦅 retweetledi
Peace Profound 🦅 retweetledi

@MrBoldOne @EmiratesFACup Enjoy your quadruple, pal.
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Peace Profound 🦅 retweetledi
Peace Profound 🦅 retweetledi
Peace Profound 🦅 retweetledi

I returned to Ogun State today with a full heart.
What I saw in Iperu is the kind of progress we must insist on as a nation. Quite deliberate, and built to last.
The Gateway Cargo Airport stands as proof of what is possible when vision is matched with discipline. As I said, “Our investment is about our people. Today’s foundation is for tomorrow’s prosperity.”
I acknowledge Governor Dapo Abiodun @DapoAbiodunCON for his focus and consistency. Development is not about noise. It is about decisions that improve lives.
From the aircraft launched today to the electric bikes, tractors, and security assets, this is what progress should look like. Practical, real, and visible. “Development must touch every level,” and I am pleased to see that principle taking shape in Ogun State.
Our Renewed Hope reforms are not abstract. They have provided more resources for sub-nationals and are creating room for states to act and deliver. Many states, including Ogun, are rising to the moment.
We will stay the course.
“We are building for people, and we are building for prosperity.”
As they say in Ogun, “Ìṣẹ́ yá…”
I say, “Ìṣẹ̀ ń lọ.” The work continues.
- Bola Ahmed Tinubu
President of the Federal Republic of Nigeria
.@ngrpresident .@nigeriagov




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