SDP PARLEYS MEDIA AHEAD OF 2027 GENERAL ELECTIONS. (PHOTO).

Image
 SDP PARLEYS MEDIA AHEAD OF 2027 GENERAL ELECTIONS  The Social Democratic Party, SDP has disassociated itself from those calling for the rescheduling of the 2027 general elections due to the confirmed case of Ebola in Nigeria. A statement by the Presidential candidate of the Party, Prince Adewole Adebayo indicates that just one case of the disease recorded is not enough to cancel or reschedule the election that is already at hand, as the situation is not yet a pandemic. He explains that the country has the ability to take care of the situation. The statement further encourages the media to be as independent and unbiased as possible in reporting the forthcoming general election. It emphasises the media's role in sustaining democratic governance in the country. The SDP Presidential candidate encourages media practitioners to get acquainted with the party's manifesto and enlighten the public adequately, enabling them to actively engage the party during campaigns.

FG PLEDGES IMMEDIATE ACTION TO SETTLE N4 TRILLION POWER SECTOR DEBT. (PHOTO).


 FG Pledges Immediate Action to Settle N4 Trillion Power Sector Debt


The Federal Government has vowed to urgently address the N4 trillion debt crippling Nigeria’s power generation sector, following high-stakes talks between Power Minister Adebayo Adelabu and Chairmen of Generating Companies of Nigeria (GenCos) in Abuja.


The move aims to avert an imminent collapse of the power infrastructure in the country.


According to a statement by the Special Adviser, Strategic Communications and Media Relations to the Minister of Power, Bolaji Tunji, the Minister  assured GenCos executives that the government would prioritize immediate payment of a significant amount out of the N4b debt while the balance would be defray through other debt instruments. 


The statement added that this would be proposed in a  meeting being planned between President Bola Ahmed Tinubu and GenCos’ leadership. 


He assured of the payment of the outstanding balance within six months through  financial instruments such as promissory notes adding that the government is committed to resolving this debt to stabilize the sector and prevent further crisis.


Adelabu stated that President Bola Tinubu would meet with GenCos leadership to fast-track the process.  


The Minister acknowledged the government’s role in the sector’s struggles, pledging to not only clear the debt but also implement reforms to ease operational bottlenecks just as he emphasized the need for full liberalization of the power sector.

Comments

Popular posts from this blog

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).