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Nigeria’s Power Output Stalls At 5,500MW As Bayelsa Assumes Electricity Oversight
According to Nivo News, Nigeria’s power grid has remained stuck at about 5,500 megawatts despite repeated promises to raise supply to 6,000 MW. This stagnation comes as the Nigerian Electricity Regulatory Commission (NERC) formally transferred regulatory oversight of Bayelsa State’s electricity market to the Bayelsa Electricity Regulatory Agency (BYERA).....KINDLY READ THE FULL STORY HERE▶
In a notice issued on Monday, NERC said the transfer complied with the amended 1999 Constitution and the Electricity Act 2023. The order directed the Port Harcourt Electricity Distribution Company (PHED) to create a subsidiary within 60 days to manage intrastate electricity distribution in Bayelsa under BYERA’s supervision. All transfers under the directive must be completed by February 20, 2026.
Bayelsa now joins Lagos, Imo, Ogun, Ondo, Ekiti, Enugu, Niger, Edo, Oyo, and Plateau as states with authority to regulate their electricity markets. Under this framework, Bayelsa can generate, transmit, distribute power, and issue licences to investors. However, broader power supply challenges persist nationwide.
Minister of Power Adebayo Adelabu had pledged to raise generation to 6,000 MW before the end of 2024 and later announced a brief spike to 6,003 MW in March 2025 following the Band A tariff increase. The gain, however, lasted only a few days. NERC’s July 2025 factsheet reported that Nigeria’s power plants averaged 5,577 MW in available capacity — less than half of the nation’s installed 13,625 MW — reflecting a plant availability factor of just 41 per cent, down five per cent from June.
The report revealed that key plants such as Egbin, Delta, and Kainji were operating at barely half capacity, while others like Alaoji and Afam 1 were virtually idle. In contrast, Jebba, Okpai 1, and Ihovbor 2 recorded high availability factors of 77, 81, and 97 per cent respectively. Grid stability metrics also showed voltage and frequency fluctuating near regulatory limits.
Jennifer Adighije, Managing Director of the Niger Delta Power Holding Company, said her agency had revived five dormant turbines, restoring 625 MW to the national grid, and that Alaoji Power Plant would soon resume operations. Despite this progress, sector observers argue that state-level autonomy alone will not solve Nigeria’s electricity crisis.
Energy analyst Adetayo Adegbemle stressed that while state regulation could mature over time, national policies to stimulate generation remain weak. “The Minister of Power needs to show stronger policy leadership. Even the National Integrated Electricity Policy seems invisible,” he said.
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NBA ELECTION SHOWDOWN: Osigwe Defies AGF, Declares Attorney General Powerless To Stop Polls!.
Nigerian Bar Association (NBA) President, Afam Osigwe (SAN), has firmly rejected recent calls from the Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi (SAN), to postpone the association’s national elections. Osigwe asserted that the AGF lacks the legal authority to dictate or alter the NBA’s electoral process, warning that doing so would undermine the independence of the legal profession and breach the association’s constitutional framework.....KINDLY READ THE FULL STORY HERE▶
The controversy stems from the AGF’s advice that the NBA suspend its July 18, 2026, polls, dissolve its current Election Committee, and implement the National Identification Number (NIN) for voter verification. During an interview on Arise News this Friday, Osigwe clarified that while the AGF’s opinions are noted, they are not binding directives. He emphasized that the NBA is governed by its own Constitution, the Legal Practitioners Act, and other established regulatory instruments—none of which grant the AGF power to intervene in the association’s internal affairs.
“Suggesting that he [the AGF] has the power to postpone our elections would imply that the NBA is merely a department under the Office of the Attorney General,” Osigwe stated. He noted that while the Bar is open to considering advice, it cannot comply with “must-do” directives that conflict with its governing laws.
Upholding Constitutional Eligibility and Opposing External Impositions
Osigwe also addressed ongoing debates regarding zoning and consensus candidates. He maintained that the NBA Constitution clearly defines the criteria for presidential aspirants, requiring candidates to be at least 15 years post-call, have served on the National Executive Council for at least two years, and be fully up-to-date with their practice fees and branch dues for the preceding three years.
He rejected attempts by external interest groups to force their preferred candidates upon the association, calling such actions illogical. “They accuse the Bar of various things and turn around to accuse others of trying to impose a candidate, when they are actually the ones imposing a candidate,” he remarked. Osigwe underscored that any member who meets the constitutional requirements is entitled to run for office, regardless of endorsements from external bodies.
Commitment to a Transparent Process
Regarding the upcoming election, the NBA President defended the inclusivity of the race, noting that the presence of a female candidate highlights the association’s commitment to equal opportunity.
To ensure credibility and transparency, Osigwe confirmed that the NBA has invited international and civil society observers—including the EU and Yiaga—to monitor the process. Addressing skeptics who fear electoral malpractice, he insisted that all concerns have been thoroughly addressed to build trust.
“Everything is in place, and the electoral body is ready to conduct it,” Osigwe said. He concluded by urging all aspirants to focus on the polls rather than seeking delays: “Go out there and test your popularity; don’t drag the association down or tarnish people’s images. May the best man or woman win.”
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At the Lagos parallel market, Bureau De Change (BDC) sources reported that the dollar was selling for ₦1425 and buying at ₦1412.....KINDLY READ THE FULL STORY HERE▶
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It is important to note that these figures may fluctuate, and the actual rate you encounter when buying or selling forex can vary from these prices.
Central Bank of Nigeria (CBN) Rates
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The CBN rate for the dollar against the naira recorded a high of ₦1382 and a low of ₦1378.
Important Regulatory Note
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The Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The bank has instructed individuals seeking to conduct foreign exchange transactions to utilize their respective banks instead.
Source:
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Bayelsa State Governor, Douye Diri, has mourned the passing of Professor Turner Isoun, a former Minister of Science and Technology, honoring him as a distinguished scholar whose legacy in education, science, and national growth remains lasting. Professor Isoun, a renowned expert in veterinary medicine, passed away in Abuja on July 15 at the age of 87.....KINDLY READ THE FULL STORY HERE▶
Governor Diri, through his Chief Press Secretary, Daniel Alabrah, highlighted several aspects of the late statesman’s life and career:
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Academic and Public Service Excellence: Governor Diri described Isoun as an intellectual giant whose contributions impacted both academia and the public sector. As the pioneer Vice-Chancellor of the Rivers State University of Science and Technology, he was credited with establishing a strong foundation for the institution.
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Scientific and Technological Leadership: During his tenure as minister from 2000 to 2007 under President Olusegun Obasanjo, Isoun championed significant reforms. He was instrumental in creating the National Information Technology Development Agency (NITDA) and Galaxy Backbone Plc. Additionally, his leadership was central to Nigeria’s early milestones in space technology, including the launch of satellites like NigeriaSat-1 and NigComSat-1R.
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Commitment to the Niger Delta: Isoun was deeply involved in the socio-political development of the Niger Delta. He served as the Ijaw National Congress Central Zone Chairman and was a key advocate for the creation of Bayelsa State in 1996.
Governor Diri extended his sympathies to the Isoun family, the Odi community, and the broader Ijaw nation, encouraging them to find solace in the professor’s remarkable life of service and dedication to national progress.
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