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Tinubu congratulates Winners’ Chapel founder, Oyedepo at 69

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President Bola Tinubu, on Tuesday, felicitated with the Presiding Bishop of Living Faith Church Worldwide, also known as Winners Chapel International, Dr David Oyedepo, on the occasion of his 69th birthday.

“The lifestyle of the Bishop, reflected in his teachings on love, peace, prosperity, faith and wisdom, remain exemplary,” Tinubu said in a statement signed by his Special Adviser on Media and Publicity, Ajuri Ngelale.

In the statement titled ‘President Tinubu congratulates Bishop David Oyedepo at 69,’ the Nigerian leader affirmed that the words and works of wisdom demonstrated by the visionary gospel leader resonates within and beyond Nigeria.

This, he noted, impacts greatly on the economy in the areas of education, healthcare, infrastructure, banking, publishing and transportation.

Nigeria taking rightful place home and abroad
He also acknowledged the great strides of Bishop Oyedepo in pursuing personal, intellectual and spiritual development for humanity, while encouraging many to grow through the practical teaching of the Word of Faith with remarkable results in the expansion of the ministry.

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Tinubu also applauded the Bishop’s dedication to building lasting institutions and a God-fearing generation speaks of his unequivocal commitment to God.

“The President prays that the Almighty God will continue to fortify and multiply His grace on Bishop Oyedepo and his family,” the statement concluded.

Bishop Oyedepo was born on September 27, 1954, in Osogbo, Osun State.

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DSS To Start Using Weapons Produced By Personnel – Bichi

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The Department of State Services (DSS) said on Saturday it will soon unveil weapons produced by its personnel.

This was disclosed by the DSS Director General, Yusuf Bichi, at the graduation ceremony of the Executive Intelligence Management Course (EIMC) 16 participants in Abuja, the nation’s capital.

According to him, the DSS will soon begin to “produce what it eats and eat what it produces.”

Among the weapons the Secret Service will soon unveil are Unmanned Aeriel Vehicles (UAVs), he stated.

Bichi also assured that the agency will continue to support the National Institute for Security Studies to succeed in its quest to impart knowledge that will enhance security in the country.

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He charged the participants to utilise the skills they have acquired to develop the country, urging Nigerians to remain patriotic and shun those whom he described as warmongers who want to set the country on fire.

Also at the event is the Vice President, Senator Kashim Shettima.

The Executive Intelligence Management Course (EIMC) 16 commenced in February 2023 with 89 participants drawn from 35 agencies across Nigeria and four other African countries, namely, Niger, The Gambia, Rwanda and Chad.

Three participants lost their lives during the period, leaving 86 participants who graduated on Saturday.

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53 power projects worth ₦‎122bn to be completed by May 2024 – TCN

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The Transmission Company of Nigeria (TCN), has said that 53 ongoing power projects worth N122 billion is to be completed by May 2024.

TCN and power distribution companies with support from the Central Bank of Nigeria (CBN) will finish up these projects that are currently being constructed across the country.

Punch reports that the projects entail the delivery of eight 150MVA power transformers, 19 1000MVA transformers, 60MVA transformers, reconductoring existing transmission lines (conductors and accessories), upgrading of the existing 132/33KV substations, and construction of 33KV line bays.

While visiting three different projects at Ojo, Isolo, and Oworonshoki Transmission stations in Lagos on December 6, Mathew Ajibade, Programme Coordinator at TCN, mentioned that once these projects are finished, they will increase the company’s ability to transport electricity by over 1,000 megawatts.

He said:

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“The projects are currently being implemented through the project management office at the TCN headquarters in collaboration with both TCN field engineers and the Discos technical team. The time set for completion of the projects is May 2024 latest. PMO made progress with the implementation of the programme despite challenges encountered and is committed to ensuring the successful implementation.”

Tumba Tijani, who is the Assistant Director and oversees the Infrastructure Finance Office at the Central Bank of Nigeria (CBN), clarified that the central bank provided a loan for the project in August of last year. This loan was given at a 9% interest rate.

He mentioned that a total of N85.43 billion has been given out to 53 different contractors involved in the projects. This money has been disbursed into the Advance Payment Guarantee account to help these contractors carry out their tasks.

He said:

“The CBN in continuation of its intervention in the power sector approved the sum of N122, 289, 344 for the programme Nigeria Electricity Market Stabilization Facility-3 based on the projects estimated for the identified projects.

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The facility aims to resolve the transmission/distribution interface bottlenecks to improve supply to end users and unlock the unutilized generation capacity in the country,”

Why transmission?
The Minister for Power, Adebayo Adelabu, mentioned before that even though the country has handed over the responsibility of generating and distributing power to private entities, the part that handles transmitting electricity is still managed by the government.

However, this area hasn’t seen enough progress mainly because the infrastructure, such as substations, transformers, and power lines, is getting old and isn’t strong enough.

Adelabu promised that the government would focus on reorganizing and improving this infrastructure. The aim is to ensure that all Nigerians experience better and more reliable electricity supply across the country.

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