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FG TO SUPPORT LOCAL INDUSTRIES

The Federal Government of Nigeria has reaffirmed its commitment to supporting and strengthening local industries, recognizing their crucial role in driving economic growth and development. Minister of State for Petroleum Resources, Heineken Lokpobiri, made this commitment during a visit to Amal Tech Limited, an indigenous hardware manufacturer in Abuja.  He praised the company's innovative solutions, job creation, and local employment opportunities, and assured them of government support.  The government aims to reduce pipeline infractions, increase local production capacity, and partner with local industries to achieve these objectives.

Federal Government Unveils New Electricity Policy

  The Federal Government has launched the National Integrated Electricity Policy and Strategic Implementation Plan (NIEP-SIP) to tackle the pressing challenges in the Nigerian Electricity Supply Industry.  The policy aims to create a robust, sustainable, and inclusive power sector that meets the aspirations of all Nigerians. Minister of Power, Adebayo Adelabu, described the policy as "critical" in achieving a sustainable power sector.  He emphasized that the policy is the result of extensive consultations with industry experts, stakeholders, and development partners. The NIEP-SIP outlines strategic interventions across the entire electricity value chain, from generation and transmission to distribution and off-grid segments.  The policy framework responds to current realities and anticipates future needs, ensuring the power sector remains resilient and efficient. Adelabu noted that the policy is a collaborative effort driven by a collective commitment to addressing t...