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February 4, 2025 Tinubu Signs Bill Establishing Federal University of Environment and Technology in Ogoni

Tinubu Signs Bill Establishing Federal University of Environment and Technology in Ogoni

President Bola Tinubu has officially signed into law a bill establishing the Federal University of Environment and Technology (FUET) in Ogoni, Rivers State. The signing ceremony, which took place on Monday at the State House in Abuja, marks a major step toward environmental justice, education, and sustainable development in the region.

According to a statement by presidential spokesperson Bayo Onanuga, the new university will be located in the Ogoni town of Tai. During the ceremony, President Tinubu emphasized that FUET will provide empowerment and development opportunities for the Ogoni people, who have long suffered environmental degradation.

“Today marks a significant milestone in our national journey towards environmental justice, education, and sustainable development,” Tinubu said. “The Ogoni people have been at the forefront of the fight for environmental restoration, shaping national and global conversations on these critical issues. By signing this bill into law, we are taking a decisive step to address historical grievances and create new opportunities for learning, growth, and prosperity.”

The President further noted that FUET will serve as a center of excellence, equipping young Nigerians with the knowledge and skills to tackle pressing environmental challenges, promote clean energy solutions, and contribute to the nation’s sustainable economic development.

He also expressed gratitude to the National Assembly for passing the bill and commended the Ogoni delegation for their steadfast advocacy. “Your dedication to justice is inspiring, and I assure you it will be rewarded,” Tinubu stated. He urged all stakeholders—including traditional institutions, the academic community, and private sector partners—to support the university as a beacon of knowledge, unity, and progress.

Minister of Education Dr. Tunji Alausa highlighted that FUET will prioritize interdisciplinary programs in environmental science, clean energy, and sustainable technology. These programs will equip students with the expertise needed to tackle regional and national ecological challenges.

National Security Adviser Malam Nuhu Ribadu also underscored the university’s role in addressing long-standing concerns about environmental restoration in Ogoniland, emphasizing the need for inclusive development and sustainability efforts in the region.

Senator Mpigi Barinada, leader of the Ogoni delegation, expressed deep appreciation to President Tinubu for signing the bill into law. He also acknowledged the efforts of FCT Minister Nyesom Wike and NSA Ribadu in facilitating the bill’s passage.

According to Barinada, the establishment of FUET represents a beacon of hope for the Ogoni community and a call to embrace peace and development. “This university will encourage the people to lay down their grievances and work towards a future of growth and progress,” he stated.

With FUET now officially established, Ogoniland is poised to become a hub for environmental research and innovation, contributing significantly to Nigeria’s broader efforts toward ecological restoration and sustainable development.

February 4, 2025 NLC Suspends Planned Protest Against Telecom Tariff Increase

NLC Suspends Planned Protest Against Telecom Tariff Increase

The Nigeria Labour Congress (NLC) has put on hold its planned protest over the recent 50% hike in telecommunication tariffs. The suspension followed a meeting between the labor union and a federal government delegation led by the Secretary to the Government of the Federation, George Akume, on Monday.

READ ALSO: NLC to Organize Nationwide Protest Against Telecom Tariff Increase

According to a statement by Seguin Imohiosen, Director of Information & Public Relations in the office of the SGF, the meeting aimed to preserve industrial harmony and safeguard the interests of Nigerians.

Minister of Information and National Orientation Mohammed Idris, speaking on behalf of the Federal Government, explained that the meeting focused on examining a study conducted by the Nigerian Communications Commission (NCC), which prompted the tariff increase.

Following extensive discussions, both parties agreed to form a 10-member committee—comprising five representatives each from the Federal Government and the NLC. The committee is tasked with reviewing the NCC study and submitting its findings within two weeks.

“So, the summary of it is that Labour, specifically the Nigerian Labour Congress, and the delegation of the federal government have set up a committee of five each. We will convene here continuously for the next two weeks, and at the end of the second week, we will present our recommendations to the government and organized labour for final consideration,” said the minister.

NLC President, Comrade Joe Ajaero, stated that the union would await the committee’s report before determining its next course of action.

In attendance at the meeting were Minister of Communication and Digital Economy Bosun Tijanni, Minister of Finance and Coordinating Minister of the Economy Wale Edun, Executive Vice Chairman (EVC) and CEO of the NCC Dr. Aminu Maida, Minister of Labour and Employment Alhaji Mohammed Maigari Dingyadi, Minister of Budget and National Planning Atiku Bagudu, and National Security Adviser Nuhu Ribadu, among others.

Last Wednesday, the NLC had announced plans for a nationwide mass rally on Tuesday, February 4, 2025, to protest the 50% telecom tariff increase approved by the NCC. The NLC argued that the rally would serve as a warning against imposing such an unjust increase on a population grappling with a minimum wage of just ₦70,000, alongside the burden of soaring petrol prices, expensive food, rising electricity tariffs, and overall inflation.

 

February 3, 2025 U.S To Cut Funding For South Africa Over Land Policy

U.S To Cut Funding For South Africa Over Land Policy

President Donald Trump has announced plans to halt future funding to South Africa, citing allegations of land confiscation and unfair treatment of certain groups.

His statement follows President Cyril Ramaphosa’s recent approval of a law permitting land expropriation without compensation under specific conditions. Land ownership remains a sensitive issue in South Africa, where a significant portion of private farmland is still controlled by white individuals, despite the end of apartheid three decades ago.

Calls for land reform have persisted as the government seeks to address historical injustices related to racial segregation.

In response to Trump’s remarks, Ramaphosa posted on X, emphasizing that South Africa is a constitutional democracy committed to justice and equality. He refuted claims of land seizures, asserting that no land had been confiscated. The president also clarified that U.S. funding to South Africa is primarily channeled through the health initiative Pepfar, which accounts for 17% of the nation’s HIV/AIDS program.

According to U.S. government data, South Africa received approximately $440 million in American aid in 2023.

Billionaire entrepreneur Elon Musk, a South African native and Trump adviser, also weighed in on the debate, arguing that the law discriminates against white citizens. In a post on X, he questioned Ramaphosa: "Why do you have openly racist ownership laws?"

Trump later reiterated his stance on his social media platform, Truth Social, stating that all future funding to South Africa would be cut until a full investigation was conducted. Speaking to reporters, he accused South African leadership of engaging in "terrible, horrible things," including land confiscation and possibly more severe actions.

The controversial law allows for land expropriation without compensation only when deemed "just and equitable" in the public interest. Examples include cases where land is unused, abandoned, or poses a safety risk. Previously, the government could only acquire land from owners willing to sell, a process some argue has slowed reform efforts.

Critics, however, fear that the law could lead to economic instability, similar to Zimbabwe’s experience, where land seizures contributed to economic collapse and deterred investors.

In response to Trump’s remarks, South African Mineral Resources Minister Gwede Mantashe suggested that South Africa should consider withholding its mineral exports—such as platinum, iron, and manganese—if the U.S. withdraws financial aid.

Meanwhile, AfriForum, a group advocating for the rights of South Africa’s white Afrikaner population, called for amendments to the law to safeguard property rights. However, the organization disagreed with Trump's proposed funding cut, arguing that any punitive measures should target high-ranking ANC leaders rather than the general public.

Trump has criticized South Africa’s land policies before, instructing his administration during his first term to investigate reports of farm expropriations and alleged attacks on white farmers. At the time, South African officials dismissed his claims as "misinformed" and accused him of fueling division.

 

February 3, 2025 Federal Government Predicts Electricity Tariff Hike in Coming Months

Federal Government Predicts Electricity Tariff Hike in Coming Months

The Federal Government has announced that Nigerians should prepare for an increase in electricity tariffs in the coming months. President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, revealed this in an interview in Dar es Salaam, Tanzania, as reported by Bloomberg.

Verheijen was attending a World Bank-backed conference where Nigeria presented a $32 billion plan to enhance electricity connections by 2030. Private investors are expected to contribute $15.5 billion, with the remainder coming from public sources, including the World Bank and African Development Bank.

According to Verheijen, Nigeria’s electricity tariffs need to rise by about two-thirds for many consumers to reflect the actual cost of supply. She emphasized that higher tariffs, balanced by subsidies for low-income consumers, are necessary to fund critical maintenance, improve reliability, and attract private investments in power generation and transmission.

“One of the key challenges we’re addressing over the next few months is transitioning to a cost-efficient yet cost-reflective tariff,” Verheijen stated. “This is essential to generate the revenue required to attract private capital while also protecting the poor and vulnerable.”

The push for higher tariffs comes as Nigeria’s electricity distribution companies, burdened by debt, demand cost-reflective pricing to improve their financial health. Although Nigeria privatized its power generation and distribution in 2013, prices set by the Nigeria Electricity Regulatory Commission remain below suppliers’ costs. Government subsidies cover part of the gap, but achieving profitability remains difficult.

Verheijen noted that Nigeria’s power sector requires significant investment to meet its development targets. Of the country’s 14-gigawatt installed capacity, only 8 gigawatts can be transmitted, and just four to five gigawatts are delivered directly to homes and businesses.

Siemens AG is collaborating with the government on a $2.3 billion initiative to enhance transmission and distribution networks. Additionally, over 7 million Nigerians in rural areas now have access to electricity through decentralized renewable energy projects.

“Energy policies must align with a country’s development goals,” Verheijen remarked. “Nigeria aims to become a $1 trillion economy within five years and transition to an upper-middle-income nation in 25 years.”

Currently, Nigeria’s gross domestic product stands at just under $200 billion, according to the International Monetary Fund.

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