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Nigerians Rich Enough to Contend with Electricity Hike –Verheijen

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By Our Correspondent 

Presidential Adviser on Energy, Olu Verheijen, has signaled that Nigerians are rich enough to foot an imminent 65% tariff increase underway.

Verheijen suggested that wealthier Nigerians can absorb a potential electricity tariff hike, revealing that the N200 billion monthly subsidy primarily benefits the richest 25% of the population rather than those in real need.

While clarifying reports of this imminent tariff hike, the Presidential Adviser did not deny a forthcoming hike but stressed that current tariffs only cover 65% of electricity supply costs, leaving the government to fund the difference.

Her remarks signal a shift towards a targeted subsidy system, implying that wealthier Nigerians will soon bear the full cost of power consumption.

She highlighted the government’s Presidential Metering Initiative, which aims to reduce estimated billing and increase transparency, suggesting that a fairer pricing structure is being prepared.

Additionally, clearing debts owed to power companies is seen as a step to attract investment and improve electricity supply.

Although Verheijen assured that reforms would protect vulnerable Nigerians, her statements indicate that a tariff increase is inevitable, with the government preparing wealthier citizens to shoulder the financial burden of electricity reforms.

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Hope Restored as Dayo Israel’s Ally Donates ₦8M for 8-Year-Old Girl’s Surgery

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By Patrick Idowu
A wave of relief and joy swept through the Federal Medical Centre (FMC), Abeokuta, as an ally of Mr. Dayo Israel, the newly appointed Chairman of the hospital, donated ₦8 million to fund the open-heart surgery of an eight-year-old girl in dire need of medical intervention.

The generous donation was made by Mr. Ola Ayilara, the Chief Executive Officer of LANDWEY Investment, during a courtesy visit to the hospital.

In addition to covering the child’s surgery costs, Ayilara pledged to construct and maintain a new laboratory facility for the medical center, further demonstrating his commitment to improving healthcare infrastructure.

Commending the act of philanthropy, Mr. Dayo Israel described the donation as a remarkable gesture of giving back to society.

He reiterated the new hospital board’s dedication to revitalizing FMC Abeokuta, ensuring improved healthcare services and better medical outcomes for patients.

The timely intervention not only secures a second chance at life for the young girl but also underscores the impact of corporate social responsibility in strengthening Nigeria’s healthcare system.

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U.S. Embassy in Abuja, Lagos to Close for Presidents’ Day

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By Abaire Olanlesi 

The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 17, 2025, in observance of Presidents’ Day.

In a statement posted on X (formerly Twitter) on Sunday, the U.S. diplomatic mission confirmed the temporary closure, noting that normal operations would resume on Tuesday, February 18, 2025.

Presidents’ Day, celebrated annually on the third Monday of February, honors past and present U.S. leaders. While the embassy and consulate will suspend routine operations, essential services will remain available through emergency contact channels.

The U.S. mission advised Nigerians seeking visas or consular assistance to plan their visits accordingly, as regular consular services will resume after the holiday.

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Bishop Wale Oke Re-elected as PFN President, CAN Commends Leadership

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By Njoku Chijioke 

The Christian Association of Nigeria (CAN) has extended its congratulations to Bishop Wale Oke following his re-election as the National President of the Pentecostal Fellowship of Nigeria (PFN).

His re-election was confirmed during the 18th Biennial Conference of the PFN, held in Abuja on February 11, 2025.

In a statement, CAN President, Archbishop Daniel Okoh, lauded Bishop Oke’s leadership, describing his re-election as a testament to the confidence and trust vested in him by the Pentecostal community.

He commended Oke’s humility and accessibility, qualities that have distinguished his service to the Church.

Bishop Oke’s first term saw notable achievements, including fostering unity among Pentecostal

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