NEWS
Black out- FCT residents moan as electricity union embarks on strike
Many residents of the Federal Capital Territory (FCT) have decried the strike embarked upon by the National Union of Electricity Employees (NUEE).
The residents, who spoke to the News Agency of Nigeria (NAN) said the strike was uncalled for.
The consumers appealed to the union as well as the management of the Transmission Company of Nigeria (TCN) to resolve the issues so as to and restore power.
The News Agency of Nigeria (NAN) reports that the the National Union of Electricity Employees (NUEE in a notice signed by its General Secretary, Mr Joe Ajaero, directed its members to stop work from Aug. 17.
Mrs Sadiya Mohammed, a Cold Room Owner in Kado Fish Market said the strike was out of place as most of the demand of the union was uncalled for.
Mohammed said that the issues in contention could had been resolved without going on strike at this time when Nigerians had just started enjoying constant power supply.
“ The strike was not necessary as both parties could have settled the issue to avoid putting Nigerians in darkness.
READ ALSO: Blackout looms as electricity workers begin strike Wednesday
“I am appealing to the union and the management of TCN to settle the matter as we are tired of strikes in Nigeria, ‘’ she said.
Mrs Ngozi Okonkwo, a civil servant said that the reason for the strike was neither here or there, adding that the union was being insensitive to the plight of Nigerians.
Okonkwo said, “the country has been having challenges of National Grid collapse and we are just coming out of it and few weeks after they are going on strike.”
“The funny thing is that what they are asking for is ridiculous, they want to go for promotion exam or interview, how can a civil servant not go for promotion exams and interview.
“We are all civil servants, we go for interviews and promotion exams.”
Mr Segun Alabi, a welder in Lugbe said that the strike would affect his business, adding that it was not easy for him to do his job without electricity.
Alabi appealed to both parties to resolve the issues amicably to save Nigerians from blackout.
Another resident, Mr Raymond Adodo of Lugbe appealed to the union to return to work to save Nigerians from hardship
According to him, Nigerians cannot do without electricity for a long time as most of the small scale business owners depend on power to operate.
NEWS
JUST IN: Senate Approves Tinubu’s ₦1.77trn Loan Request
To address Nigeria’s ₦9.7 trillion budget deficit for the 2024 fiscal year, the Senate has approved President Bola Ahmed Tinubu’s request to secure a ₦1.77 trillion ($2.2 billion) loan.
The decision was made during Thursday’s plenary session, where a voice vote confirmed the approval following the presentation of a report by the Senate Committee on Local and Foreign Debts.
RELATED NEWS: Tinubu Seeks ₦1.767tn Loan to Tackle 2024 Budget Deficit
Chaired by Senator Wammako Magatarkada (APC, Sokoto North), the committee endorsed the loan request as a vital step in managing the country’s fiscal challenges.
Recall that President Tinubu had submitted the proposal earlier in the week, outlining the loan as a crucial component of his administration’s external borrowing strategy.
Details shortly…………..
NEWS
Finnish Police Arrest Simon Ekpa Over Terror-Related Allegations
Simon Ekpa, a Finnish citizen of Nigerian descent, has been arrested by Finnish authorities on allegations of inciting terrorist activities.
The Päijät-Häme District Court ordered his detention following an incident that reportedly occurred in Lahti on August 23, 2021.
READ ALSO: Policeman Feared Dead As Gunmen Attack Checkpoint In Abia
The Finnish National Bureau of Investigation (NBI) is also seeking the arrest of four other individuals in connection with the case. Officials say the charges involve public incitement to commit crimes with terrorist intent.
“The detention demands are related to a preliminary investigation in which a Finnish citizen of Nigerian descent, born in the 1980s, is suspected of public incitement to commit a crime with terrorist intent,” the police said in a statement.
Details regarding the additional suspects or the specifics of the alleged crimes remain unclear as the investigation continues. Authorities have emphasized the sensitive nature of the case, stating that further information will be disclosed as the inquiry progresses.
This development marks a significant step in Finland’s efforts to combat terrorism and ensure public safety.
International News
COP29: Climate Summit Faces Deadlock Over Vague Funding Proposals For Vulnerable Nations
As the 29th United Nations Climate Change Summit (COP29) nears its conclusion, tensions are rising over a newly published funding proposal aimed at assisting developing nations in addressing climate-induced crises.
The proposal, released by the United Nations Framework Convention on Climate Change (UNFCCC) on Thursday, has sparked widespread debate among delegations, activists, and observers at the summit.
The document, spanning ten pages, outlines funding options to support developing countries in implementing their Nationally Determined Contributions (NDCs) under the 2015 Paris Agreement.
READ ALSO: Osun Explains N75,000 New Minimum Wage
However, it fails to specify how much wealthier nations are required to contribute annually—a key sticking point that has drawn criticism from the Global South and climate advocates.
Ambiguity in Funding Commitments
Critics argue that the absence of concrete figures undermines the credibility of the proposed framework.
Mohamed Adow, Founder and Director of Power Shift Africa, described the proposal as “a blank piece of paper,” highlighting the lack of clarity on financial commitments.
“This is the ‘finance COP.’ We came here to talk about money. The way you measure money is with numbers. We need a cheque, but all we have right now is a blank piece of paper,” Adow remarked during an interview.
The Global South, led by African delegations, is demanding at least $1.3 trillion annually by the end of the decade to adapt to climate change impacts and transition to sustainable energy systems.
Yet, developed nations have yet to commit to a specific annual figure, raising concerns over the summit’s ability to deliver tangible outcomes.
Key Provisions and Concerns
The new text acknowledges the disproportionate impact of climate change on developing nations and the financial barriers they face, including high costs of capital and limited fiscal space.
READ ALSO: NNPCL Launches Utapate Crude Oil Blend, Eyes Production Expansion In 2025
It proposes the establishment of a New Collective Quantified Goal (NCQG) for climate finance, suggesting a framework of “at least USD [X] trillion annually” from 2025 to 2035.
However, the absence of defined numbers has led to frustration among negotiators.
David Tong, Global Industry Campaign Manager at Oil Change International, emphasized the critical role of finance in achieving meaningful progress.
“Without finance, there is no phase-out [of fossil fuels], no energy transition, no adaptation. The ambitious options are simply missing,” Tong stated during a press briefing.
Rising Frustration from the Global South
Delegates from the Global South have expressed dissatisfaction with what they perceive as weak commitments from developed nations.
Many fear that without concrete financial pledges, the summit’s outcomes may fall short of expectations.
“This summit is about delivering justice to those who suffer most from climate impacts. Wealthy nations must step up and provide the necessary funding,” said an African negotiator, speaking on condition of anonymity.
A Critical Juncture
With less than 48 hours remaining in the summit, the stakes are high. The COP29 negotiations in Baku, dubbed the “finance COP,” are expected to set a precedent for addressing the financial needs of vulnerable nations.
Delegates are calling on world leaders to finalize an ambitious NCQG target and bridge the growing divide between developed and developing nations.