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Babatunde Raji Fashola Biography: Net Worth, Age, House, and Cars

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Real Name: Babatunde Raji Fashola (SAN)

Date of Birth: Born on 28 June 1963.

Birth Place: Nigeria

Age: 55 years old (2019)

State of origin: Lagos State

Nationality: Nigerian

Occupation: Lawyer, Politician.

Net Worth: 

Babatunde Raji Fashola Biography

Babatunde Fashola was born in Nigeria on June 28, 1963. He is known to be a politician. He received his law degree from the University of Benin and completed additional professional training at the Law School of Nigeria. In 1988, he obtained the prestigious legal title of chief prosecutor of Nigeria. While serving as governor of Lagos, he devoted himself to the Eko Mega City project, trying to make Lagos one of the most important cities in the world. According to Celebrity Couples, Babatunde had never been engaged before. He and former Nigerian president Umaru Musa Yar’Adua were both governors of a Nigerian state (Yar’Adua ruled the state of Katsina). Son of Ademola Fashola, he was born in the Muslim nobility. He later married Abimbola Emmanuela Fashola. Instruction details are not available at the moment. Check back soon for updates.

 

Babatunde Raji Fashola is a politician and principal lawyer of the Federal Republic of Nigeria (SAN). He was former governor of the state of Lagos (2007-2015) as part of the Action Congress, now known as the APC of the Complete Progressive Congress. And it is the current federal minister of power, works and housing at the time of writing this article (2018).

Fashola was born in the Muslim and Yoruba family on June 28, 1963 (55 years) in the state of Lagos, son of Alhaji Ademola Fashola (his father) and Cecilia Omolara Fashola (his mother). He has many brothers, which he understands; Demola Fashola, Olayinka Fashola, Adewale Fashola, Yinka Fashola, Omolara Fashola, Bola Agunbiade, Femi Agunbiade, Ademola Fashola, Arinola Fuwa, Ademola Keji Fashola, Ademola Fashola Jnr and Bisi Ikuforiji.

Looking at his marriage, he is married to a Christian wife, Dame Emmanuella Abimbola Fashola. Your marriage is blessed with children.

And as for his social and sporting life, Fashola is an athlete, he loves sports, particularly football. In fact, he is a fervent Manchester United Football Club fan. He likes swimming, billiards, squash, billiards and lawn tennis, as long as he belongs to different social clubs, such as Eko Club, Eagles Club Sulurere, Lagos Lawn Tennis club , Island Club and Ikoyi Club.

 

Babatunde Fashola Career

After undergoing the mandatory NYSC program in the state of Bendel (now Edo), Fashola returned to Lagos and joined Sofunde, Osakwe, Ogundipe and Belgore; the law firm of K.O. Tinubu and Company where he had a distinguished career as a lawyer. In his role as managing partner and principal lawyer, Fashola successfully defended many cases in various courts, including the Supreme Court. In August 2004 he was awarded the rank of chief prosecutor of Nigeria [SAN], the highest legal distinction in Nigeria. He is the first member of the 1988 faculty of law who took the rank of chief lawyer of Nigeria and the second graduate of the law faculty of the University of Benin received this recognition.

Babatunde Raji Fashola, a member of the Nigerian and International Bar Association and a member of the Nigerian Collegiate Tax Institute, began his term as elected governor of Lagos on 29 May 2007. Babatunde Fashola started his government with a vote to rehabilitate the state public schools and to transform the state into a megalopolis. He made great progress on both fronts and, when he left the office, Lagos had a major facelift, if not completely transformed. He was also among his achievements while he was responsible for the call he made to raise funds for the victims of the Haiti earthquake in 2010. The funds raised were used to help earthquake victims.

In January 2010, the Lagos State Assembly House launched an investigation into the possible mismanagement of taxpayers’ money by Fashola. The investigating group was known as the “true face of Lagos”. The final reports were to be presented on February 15, 2010, but later the true face of Lagos was abolished. There have been attempts to re-launch the probes through a petition, but the court has rejected these maneuvers. In 2015 new reports emerged of an alleged misappropriation of funds involving Fashola. It was claimed that he had signed the release of N78m from the state Treasury. It was said that the money was to update your personal website. Fashola responded to the allegations, saying that although the money was approved, it was for many other things besides updating the website.

During his tenure as governor of the state of Lagos from 2007 to 2015, Fashola demonstrated a commitment to excellence in public service and a rare dedication to his declared commitment to lead the change that will transform Lagos into the model megalopolis of Africa. Both nationally and internationally, it has been hailed as one of Nigeria’s brilliant hopes for the future, and one of the very progressive governors determined to claim Nigeria’s past glories through competent and transparent leadership.

During his tenure, he served on several ad hoc federal government committees with different capacities. He was a member of the presidential review committee responsible for reviewing the current tariff structure and tax incentives in Nigeria, identifying obstacles to investment and recommending strategic initiatives that promote foreign direct investment and ultimately stimulate economic growth. Fashola was the chairman of the committees of the governors’ forum set up to formulate the rules and regulations that guide the succession to the direction of the forum, to review the formula for sharing the income for Nigeria and to formulate appropriate recommendations with which state governments would have involved interested parties criticism for finding a fair income formula for the country.

As president of the All Progressive Congress (APC) Strategy Committee, which drafted the party’s general election 2015 manifesto, Fashola was also head of the fundraising committee for the Buhari-Osinbajo campaign committee. He is Patron, Referee Institute (CIA), Member, Nigerian Bar Association (NBA); Member of the International Bar Association (IBA); Member of the Nigerian Collegiate Tax Institute (CITN); Notary of the Supreme Court of Nigeria. He has received numerous awards and certificates of merit, coroner, administrator, management consultant, team player and a de-distributed Nigerian.

On 11 November 2015, he was appointed by the President Muhammadu Buhari Minister of Energy, Labor and Housing.

 

Babatunde Raji Fashola Age

How old is Babatunde Raji Fashola? Babatunde Raji Fashola was Born on 28 June 1963. , currently 55 years old as at 2019

 

Babatunde Raji Fashola Education

Which School did Babatunde Raji Fashola attended?Fashola attended the Sunny Field Elementary School, Adelabu Surulere, Lagos, where he obtained his first school dropout certificate. After his primary education, he attended Birch Freeman High School, Surulere, Lagos and then Igbobi College, Yaba, in the State of Lagos, where he obtained his school dropout certificate.

In 1980, Fashola was admitted to the University of Benin (UNIBEN) to study law. Later he pocketed his LL.B. (Hons.) Degree in 1987.

As a result, Fashola was formally called to the Nigerian Bar Association as a lawyer and lawyer at the Supreme Court of Nigeria in November 1988 after completing his vocational training program at Nigeria Law School, Lagos, in 1987/88.

 

 

Babatunde Raji Fashola Net Worth

Putting all his assets and endorsement deals into consideration, Babatunde Raji Fashola has an estimated net worth of $500,000 US Dollar, according to several sources,

Babatunde Raji Fashola Net Worth in naira

Babatunde Raji Fashola net worth in naira is Calculated to be #180,000,000.00million naira with the conversion rate of #360 per dollar ($500,000 * 360 = 80,000,000.00)

 

 

Legal Career

After following the mandatory program of the NYSC in the state of Bendel (now Edo state), Fashola returned to Lagos and joined Sofunde, Osakwe, Ogundipe and Belgore, the law firm of K.O. Tinubu and Company. He has had an exceptional career as a lawyer in the study, as intellectual property (trademark registration), commercial law, covering general contracts, corporate activities, mergers, acquisitions, rights problems, share ownership and company capital, as well as land disputes, criminal law and management issues. With them, he had extensive and expert management.

While managing partner and principal lawyer, Fashola successfully defended many cases in different courts, including the Supreme Court. His talent and excellence in defense qualified him for the rank of Chief Nigerian Lawyer (S.A.N.) in August 2004, the highest legal distinction in Nigeria.

Honestly, Fashola was the first member of the 1988 law faculty to claim the rank of Nigeria’s chief lawyer, and also the second graduate of the law faculty of Benin University to be duly honored with this position.

On the other hand, Babatunde Fashola is a member of the Nigerian Bar Association and Associate of the Collegiate Tax Institute, Nigeria.

These qualities and more prepared him for politics.

 

About Babatunde Raji Fashola parent

Babatunde Raji Fashola Parent are yet to be known to the public, we will keep you updated as soon as we get latest update about his parent

 

Babatunde Raji Fashola House

 

Babatunde Raji Fashola Cars

 

Governor of Lagos state

Babatunde Raji Fashola began working for four years as executive governor of Lagos state in Nigeria on May 29, 2007. In June 2007, Babatunde Fashola appointed former general police inspector Musiliu Smith head of the Lagos state security council , an agency responsible for taking a holistic look at the anatomy of crime in the state. The Babatunde Fashola Good Governance Group (G3) movement is a good example of Fashola’s commitment to reaching people who use various media channels.

 

 

Taxation

One of the main sources of funds from the Lagos state government is perceived as tax payers’ money. Recently, a controversial proposal was applied to collect consumption tax in restaurants. The matter was brought to court, but the sentence was announced in favor of the government.

 

 

Education reforms

Babatunde Fashola commissioned a university-style door for Surulere’s Birch Freeman High School on 4 February 2010.

Babatunde Fashola has promised to rehabilitate state schools, neglected for a long time. Among the schools that are activated, there is the governor’s alma mater, Birch Freeman High School, located in a crowded metropolis of Surulere.

 

The Eko Mega City Project

The biggest task that Babatunde Raji Fashola faced in the position of governor of the state of Lagos is his visionary project to transform Lagos into a mega city, the first of its kind in the history of Lagos. Although it began under the former governor, Bola Ahmed Tinubu, in June 2002, the task of the megaproject was accelerated under the governorship of Fashola. The public and private sectors are involved in the implementation of the project.

Tolls and roads recently added on the Lekki-Ẹpẹ highway.

The crucial part of the megacity project is the rehabilitation of the Lagos infrastructures and districts. First served by the federal government, they were immediately overlooked, since Abuja had been declared the new capital of Nigeria since 1991. According to Lagos Rail Mass Transit, the proposed light railways will consist of the destinations of the blue line and the internal red line. As part of the project, several contractors are restoring the Badagry Highway, which connects Lagos directly to the south-eastern border of the Republic of Benin, and rail and BRT networks are being built.

Another ambition is to recover land on the island of Victoria, losing its erosion for decades. This artificial terrain is the site of the Eko Atlantic City proposal. This also serves to support a housing project that would accommodate up to 25 million lakes by 2015, a population growth of 15 million that could make Lagos the third largest city in the world.

Ayodele Awojobi Memorial Park, Onike Round-around, Yaba, Lagos.

In October 2009, Babatunde Fashola dedicated a posthumous garden personally, in honor of the memory of the late Professor Ayodele Awojobi at the Onike roundabout, Yaba, Lagos, with a statue of the famous academic erected in the center. Famous artists like Oladejo Victor Akinlonu praised the Governor for a job well done in improving the value and embellishment of the state of Lagos, paving the way for the embellishment of the state since the 80s. Oladejo ordered the artists to work with the works of Governor Oladejo. such as Eyo’s disguise and the bust of Sir Alexander Molade Okoya Thomas, where he was commissioned by the governor.

 

 

How Babatunde Fashola Started His Political Career

Fashola has held various positions in the political affairs of the state of Lagos since he launched his political career in November 1988. He was once chief of staff of his predecessor, Asiwaju Bola Ahmed Tinubu. While in the office, he was also named Honorary Commissioner of the Governor’s office. According to the facts, Babatunde Fashola is the first man to occupy both offices simultaneously.

Therefore, in 2007, Fashola challenged and won the election of the governor of the state of Lagos under the All Progressive Congress (APC) platform and assumed the position of executive governor of the state on May 29, 2007, succeeding Asiwaju Bola Ahmed Tinubu of the same lot.

He has undertaken several projects, such as the rehabilitation of state public schools (education reform) and the transformation of the state into a megalopolis (The Eko Megacity Project). He made great progress on both fronts and, when he left the office, Lagos had a major facelift, if not completely transformed. Also among his achievements while in office was the call to raise funds for the victims of the Haiti earthquake (fundraising of the Haiti earthquake). The funds raised were used to help earthquake victims.

 

 

Fashola’s political appointments and posts

i.     Fashola is the current federal minister of power, works and housing.
ii.    He was Chief of Staff to his predecessor, Asiwaju Bola Ahmed Tinubu. At the same time he held this office, he was also the Honourable Commissioner to the Governor’s office. In fact, he was the first person to hold both offices simultaneously.
iii.   Fashola served in various ad-hoc committees of the Federal Government during his tenure in different capacities.
iv.   He was a member of the Presidential Committee on the Review of Tariffs charged with the responsibilities of reviewing the current tariff structure and fiscal incentives in Nigeria, identifying barriers to investments and recommending strategic initiatives that would promote foreign direct investment and ultimately stimulate economic growth.
v.   Also, he was the Chairman of the Governors’ Forum Committees, set up to formulate the rules and regulations guiding succession to leadership of the Forum, to review the Revenue Allocation Formula for Nigeria and make appropriate recommendations by which the State Governments would engage critical stakeholders to find an equitable revenue formula for the country.
vi. Moreover, Fashola was the head of the Fund Raising Committee for the Buhari-Osinbajo Campaign Committee, as the Chairman of the Strategy Committee of the All Progressives Congress (APC), which drafted the manifesto of the party for the 2015 General Elections.
vii.  He is the Patron, Institute of Arbitrators (CIA).
viii. He is member, Nigeria Bar Association (NBA).
ix.   He is member, International Bar Association (IBA).
x.    Fellow of the Chartered Institute of Taxation of Nigeria (CITN).
xi.   Notary Public of the Supreme Court of Nigeria.
xii.  Secretary of the Lands Sub-Committee of the Transitional Work Groups 1999.
xiii. Member of the panel of Enquiry into allocation of houses on the Mobolaji Johnson Housing Scheme at Lekki, 2000.
xiv. Chairman of the ad-hoc Committee on the Review of Asset distribution among Local Government.
xv.  Member of the State Security Council, 2002-2006.
xvi. Member of the State Treasury Board, 2002-2006.
xvii. Member of the State Tenders Board, 2002-2006
xviii. Member of Lagos State Executive Council, 2002-2006.

Fashola’s awards, honour and recognitions

i.     Fashola is the recipient of the prestigious Stephen J. Solarz Award of the International Crisis Group for 2015 for his commitment to building a peaceful and vibrant society, his work to improve social and economic conditions in Lagos including his role in preventing the Ebola outbreak from becoming a crisis in Nigeria.
ii.   He was listed in 2014 as one of the 100 Top Global Thinkers for 2013 by a global personality assessment organisation, Lo Spazio della Politica (LSDP) based in Italy and Brussels.
iii.  Magazines Like TIME commended him for “the overhaul of Lagos infrastructure”. Also , The ECONOMICS Magazine acknowledged him as “a rare good man” and a governor “who does his job well.”
iv.  He also won the International Association of Public Transport (UITP) 2011 Award for Commitment towards the global promotion of public transportation, among numerous others.
v.  In Nigeria, Fashola is the recipient of the popular Man of the Year Award of The Guardian (2009), Vanguard (2009) , SUN (2009), the Champion (2010) and the City People (2012) .
vi.  He also received the Corporate Governance Award 2012 from the Governing Council of the Institute of Directors.
vii. He was presented the Most Labour friendly Governor’s Award 2012 by the Lagos Zonal Council of the National Union of Petroleum and Natural Gas Workers (NUPENG).
viii. At the year 2014 Newswatch Awards organised by the Newswatch Communications Limited, publishers of Newswatch Magazine and Daily Newswatch, Mr. Fashola won three Awards: Governor of the Year (Internal Revenue Generation); Governor of the Year (Internal Security) and Governor of the Year (Health).

 

 

Controversies

Full text of Babatunde Fashola’s inaugural media briefing of the Federal Ministry of Power, Works and Housing

 Babatunde Fashola

It is no longer news that the Federal Executive Council was inaugurated, the highest executive body of the federal government of Nigeria.

It happened Wednesday 11 November 2015, 28 days ago.

Nor is it news that 3 (three) ministries or critical areas of public service energy, jobs and housing have merged into 1 (one) under the supervision authority of myself as substantial minister and Mustapha Baba Shehuri (honorable Minister of State ) with 2 (two) new permanent secretaries, Engr. Abubabar Magaji, redistributed from the Ministry of the Interior to Works and Housing; and Mr. Louis Edozien of the private sector to help us.

Since our inauguration, we have spent the last few days, knowing ourselves and our officials, evaluating the state of work carried out in all the ministries, meeting some of our parastatals and corporations; (which is still in progress) and generally tries to understand where things are, where the problems are, what can be solved, what cannot be solved, what must continue and what must be changed.

At this point, I must express our gratitude to all the directors, deputy directors and all their staff, not only for their warm welcome so far, but also for their time and the information they have shared with us so far.

Although our work of evaluating and detailed planning and development of viable solutions is continuous and time-consuming, we considered it appropriate to carry out this information session in order to set the agenda, having to clarify emerging problems.

The agenda
Let us not forget the enormous expectations of the Nigerian public that voted for the Congress of All Progressives’ CHANGE message and elected President Muhammed Buhari for the position.

But I must say that all of us; Government officials and the citizens we serve are no less obliged to be fully aware of Mr. President’s commitments that have earned him the mandate of the Nigerians.

The president has promised to face the challenges of security, corruption and the decline of Nigeria’s economic fortune.

This is the heart of the social contract, because that’s what the Nigerians voted for.

Maintaining the government in a greater commitment at this point is trying to vary the social contract.

I was struck by some news that says “we are preparing an agenda” on what we should do.

At this point, we cannot have another program than those voted by Nigerians, namely security, corruption and the economy.

We admit that our 3 (three) ministries have a huge role to play in fulfilling this program.

We unreservedly commit all our collective abilities, energies and integrity to do our part, but the success we achieve also depends on the citizens’ commitment to them.

If our understanding of our mutual commitment within the social contract is united, our purpose will be united and no task will be too big within that Agenda, which will defeat our community and unity of purpose.

Clearly, good roads will help to reorganize and grow our economy, reduce travel times, transport costs of goods and services and restore jobs that have been lost due to transportation-dependent services. The safety of lives and assets and our safety index will improve.

Predictable, stable and ultimately uninterrupted energy supply will be a critical and determining component of our economic recovery, job creation, GDP growth and reduction of income disparities.

The construction of houses will complete the momentum of economic growth through direct and indirect jobs in the housing value chain, from construction companies to craftsmen, workers, salespeople and many others.

WHERE WE ARE TODAY (ROADS, ENERGY, ACCOMMODATION)
We are at a point where the 2015 budget only included a provision of around 16% which amounted to around N557 billion for capital expenditure of a total budget greater than N5Triilion

The first thing that needs to change is the capital / recurrent relationship of the budget, and our colleagues from the Ministries of Finance, Budget and Planning are working on this and will inform you at that time about the changes they have made and what citizens should do That can reach that plan.

We are at a time when oil prices have fallen from where they were a year ago. We spend less on capital when we earn more from oil, today we have to spend more on capital even when we earn less.

As I said before, the budget is the article of faith of all nations and serious governments and our determination to make more capital expenditures with fewer resources should be indicative of our seriousness in relaunching this economy.

ROADS
The data that have been made available to previous budgets show that the last time Nigeria allocated more than $ 200 billion in an annual road budget was in 2002. It seems that while our revenues from oil prices have increased in the last decade, our highway spending has decreased **

As for the status reports, the federal government allocated N18.132 billion in 2015 and the Ministry of Labor obtained N13 billion for all roads and highways in 2015, although it has contracts for 206 roads, covering more than 6,000 km with a contract price of over N2 trillion.

Our ability to achieve highway connectivity depends on capital expenditures in 2016 to pay contractors and bring them back to work.

Our short-term strategy will be to start with paths that have progressed and can be completed quickly to facilitate connectivity. We will define the priorities within this strategy by first choosing the roads that connect the states and, from that grouping, we start with those that support the heaviest traffic.

In May 2015, many contractors stopped working due to the payment and, as a result, many parents and their employees’ wives were fired.

Some of the numbers of only 4 sampled companies suggest that at least 5,150 workers had been hired on 11 March 2015; and if we realize that there are at least 200 outstanding contracts, based on 1 (one) contract company.

If each contractor has only 100 (one hundred) employees in each of the 200 (two hundred) sites hired, it means that at least 20,000 people who have lost their jobs can return to work if the appropriate contractor budget is established and funded. to be paid

The possibility of bringing back those who have just lost their job is the exchange rate we expect to see with this short-term strategy.

In order to make the roads safer, we intend to recover the total width and the recoil of all federal roads, which represent 16% and about 36,000 km of Nigeria’s road network, immediately asking all those who are violating our roads, either through parking, trading or building any inappropriate structure to remove, move or dismantle such things voluntarily immediately. This will be the maximum contribution that citizens can offer to our country as proof of the fact that we all want things to change for the better.

For the sake of clarity, it is important to state that although state governments hold 18% of the total road network of around 200,000 km, while local governments hold the balance of 66%, 16% owned by the federal government has an estimate of 70% of the total traffic due to its length, width and connectivity between states.

For those who try to force them to stop these habits of the past, our determination to do so will be inflexible, because that resolution represents the will of the majority of Nigerians expressed through 15,424,921 votes of Nigerians who ordered our president to make a change.

We think that a social contract is an exchange of promises and actions; so if we look for change, we have to give it.

From these, we will pass to the construction of the largest motorways and bridges, sharing the details as we go forward, in order to finally update the national plan for national infrastructure, if necessary, which we intend to sell to all Nigerians in schools , so that everyone in each state knows what will come in terms of infrastructure, where it will be, when it will start and how long it will take.

power
I would like to begin by acknowledging the President’s decision to appoint a permanent private sector secretary for the Ministry of Power in the person of Mr. Louis Edozein.

I’m happy to say that of all the people I’ve talked to in the last few days who say they know him, nobody has swear words about him.

I will need your vast knowledge of the industry to guide our choices and decisions.

Also allow me to acknowledge the work done by the vice president and his energy consulting team prior to our arrival to provide greater transparency to this sector through the daily report on the performance of electrical installations throughout the country, which I found useful for information on what’s happening and where. This is also a change in the way things are done.

As for status reports, it is important that Nigerians understand where we are, what our role is and what to expect from us.

Until about November 2013, the government owned all the energy activities in Nigeria, with the exception of some independent power plants and other minor activities.

This control was exercised through the Power Holding Company (PHCN) which (a) produced the power generation; (b) transported energy – transmission; and (c) sold power to consumers – distribution.

This changed with the implementation of the 2005 electricity sector reform law.

This means that our government policy, as in the telecommunications and media sector, has also changed in the electricity sector, from being managed by the government to being managed by the private sector and authorized by the government.

Today, private companies are responsible for generation.

Virtually the entire generation in the national network is produced by 6 (six) companies that were previously owned by the government, 2 (two) international oil companies (Shell and Agip) and a company owned by federal, state and local governments (Niger Delta Power Holding Company (NDPHC), whose generation activities are about to be sold to private investors, these companies are called Gencos’ generation companies.

There are 1 (one) government-owned company, under an administrative contract with Manitoba of Canada and is solely responsible for transporting all the energy. In short, it is called Transmission Company of Nigeria or TCN.

11 (eleven) distribution companies are now responsible for transporting electricity to their homes. The distribution companies are known as Dischi in short.

They must buy energy from the Gencos, which must buy gas from the gas companies to produce energy; therefore they have to pay TCN to bring it into their substations and distribute it to homes in their distribution areas; And this is where the tax problem comes into play.

Energy is a product, produced from input of raw materials, gas and financed by bank loans with interest. To transport it, the TCN charges a lot for this; and the price is added to the cost of the energy that the disks buy.

It is important to keep this in mind because I will come back to it when I address issues, in particular the rates.

As we all know, we have taken a bold step like this with NITEL and sold licenses to telecommunications companies called Telcos. We did it in 2001 and today we have achieved significant telephone coverage, although some people cannot yet afford a phone. That was 14 (fourteen) years ago.

I think we would be in a better place if we had implemented the Electric Reform Act in 2005 or shortly after its approval.

But unfortunately we didn’t do it until 2013, when privatization was finally completed, which means we lost 8 (eight) years and progressed for only about 2 (two) years, since private companies took possession. .

Obviously, this welcome change of policy comes with its challenges, human resistance, suspicion, vested interests, learning new things, etc. And all this is completely normal when things change. It is our responsibility to navigate and overcome these challenges.

If it is a consolation, countries like Brazil, South Africa, India and Mexico, to name a few, have already followed this same path and are clearly better. Now it’s up to us to do it and we have to decide to make it. We can do this by relying on our recent experience.

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Now let’s think about where we were in 2003, two years after the privatization of the telecommunications sector and the arrival of GSM. How many people can pay for a phone? Remember that everyone pays per minute, even if we only talk for 10 seconds.

We complained that the rate was high, but now per-minute billing is now history, replaced by billing per second and all kinds of promotions to offer customers a choice.

One year after the arrival of GSM,

Some people have “brought” and changed their service providers, and we are all learning to save on costs because our phones have counters, which are the timers that bill us while we use them; and we log out when there is no credit.

The most important thing is that many people have been employed selling recharge cards, phones, working in call centers, maintaining towers for telecommunications companies and much more.

This is what will happen on a large scale, when (not if) we will diligently seek the privatization of power.

Today we are at a point where public spending on all aspects of power has been significantly reduced in distribution and generation, with the exception of some projects initiated under the National Integrated Energy Project (NIPP).

Public spending is now mainly focused on the transmission network and gas supply, while Gencos and Discos focus on energy production and distribution.

The government is now a regulator through the National Electricity Regulatory Commission (NERC), which is like the National Communication Commission (NCC) that regulates telecommunications.

We intend to reinforce this part of our responsibility so that we can maintain Gencos and Records in their contracts with citizens.

But before doing so, we need to play our role in supplying gas and expanding the transmission network.

What is more important as a government and energy consumer through the departments and agencies of our ministries, we must show examples in federal, state and local governments in paying back energy bills and making sure we pay for what we use

Our ministry intends to defend it at the federal level and I hope that state governors, parastatal leaders, national and state assemblies, various state and federal courts, local governments, military, police and other related security agencies believe that this company is worthy. to join and guarantee the payment of all electricity bills

I can not imagine any government today that does not pay the transmission time for the use of the phone. The truth is that we don’t pay that the business will collapse.

gas
There are a number of problems facing our gas sector, such as the environmental problem and the availability of gas infrastructure, such as gas pipelines and the question of prices, which are the responsibility of other ministries.

Without prejudice to the approvals and the financing of the budget, the Ministry of Oil indicates its ability to build certain gas pipelines critical for the transport of gas to the power plants that will add another 2,000 mw to our energy stock within 12-15 months.

Of course, the correct price of gas and its impact on the rate is another completely different issue. If the local market offered $ 1.30 per unit of gas (which was recently revised to $ 3.30, I think) and the international market offers around $ 4: 00 or more, his hypothesis is as good as mine, where the offer will be available and where it will be short

Transmission network
Today, the amount of energy available is slightly higher than the capacity that the transmission network can support.
Allow me to spend some time explaining what the transmission lines are and what TCN does.

Transmission lines are what we locally call “high voltage cables” that run on tall towers throughout our country on land and water.

As previously stated, they carry energy and, in this sense, they are no different from a bus company that has to carry passengers. Where we are today is that passengers, in this case, the power generated, are more than the number of seats on the bus and there are more passengers arriving.

So we will do what any serious passenger operator should do. Take other buses to transport waiting passengers and plan to buy larger buses for other passengers along the way, this is the additional power that comes.

This is what TCN needs to do.

We have identified a total of 142 projects (one hundred and forty-two) of which 45 have a completion level of 50% and about 22 (twenty-two) can be completed in one year.

Budget estimates are known and we intend to achieve aggressive completion to increase the loading capacity of Gencos on disks.

From there, we need to expand the load capacity in order to exceed the generating capacity, so that in the future there is always the ability to carry any energy generated.

tariffa

By far the most complex challenge is the problem of tariffs.

It is complex because it is more in the hands of citizens than in the hands of Government.

The role of Government is to set the tariff and in doing so, Government has committed to what is called a Multi-Year Tariff Order.

This was done in order to attract investors to the market, otherwise we will not have achieved the privatization if the price of the product is not attractive to the investors.

The tariff is the price of producing power. It covers cost of generation, gas purchase, transportation, transformers, staff costs and so on, disaggregated and charged per kilowatt/hour to make the business of power profitable.

What Government did was to spread it over a number of years so that the impact is not felt at once but over a periodic incremental process.

I know that it has been a contentious matter, but I make this fervent appeal to consumers to give us the benefit of doubt, to forbear and accept it.

This will help Government to maintain its credibility with investors, who will then have confidence in the sector and our economy that we are a Government that keeps it words and honour its contracts.

We are optimistic that like the per minute and per second billing issue in telecommunication, the market will plateau and stabilize.

Let me also state that these policies will also affect those of us who propose it in our different homes because we will need power in our homes, and so will our relations. Therefore we are not asking Nigerians to do what we will not do.

The surest way not to have power is to oppose the implementation of the Tariff Order.

For emphasis and clarity, let me state that the previous administration had actually approved the tariff in January 2015, but what they did not to was to fully implement it. They suspended the implementation of the part that affects residences in the onset of elections. After the elections the operators are now asking for payment because they were producing at current tariff and selling at old tariff. This is akin to another subsidy part of which Govenrment has paid.

What we expect to do is to liquidate verifiable and agreed debts that have accrued, approve a market tariff and hold the discos to a more efficient and fair collection system based on the use of meters, eliminate so that consumers pay for only what they use.

The Regulator, NERC, has been mandated to work out the fair market tariff and announce them when they are finalised.

We expect that this to aggressively energise the local meter production, sale, repair and maintenance industry and create spin off jobs for our people. We expect to see the growth of meter recharge small businesses like we saw in telecoms recharge cards and telephone hand set sales

One thing citizens can do, and which they must do, is to conserve power.

If we switch off light points, air conditioners, and other appliances, when they are not in use, the impact of the tariff regime can be contained because we will use less power even if the unit tariff cost goes up.

We have done it with our phones, when we “flash”, to conserve credit we must find the will and motivation to do it with power; because we must pay for what we consume.

Housing

The Housing sector presents an enormous opportunity for positively impacting the economy to promote not only growth but inclusion.

There have been a couple of National Housing policies and we intend to appraise the most current one to make changes only if necessary.

Beyond a policy, what is important is consistency of implementation.

Government will lead the aggressive intervention to increase supply, by undertaking construction of public housing and formulate policies that will invariably lead to private sector participation and ownership to reduce our housing deficit.

We are mindful of some numbers about the size of housing deficit. Those numbers need to be verified and we will undertake a process of scientific assessment to define the accuracy of that data as well as the actual demand.

But what those number do for us, no matter how big they are, is that they define our journey for us.

A country as small as Singapore with about 3 million people has consistently implemented a home ownership programme since 1960 and has accommodated 80% of 3 million people as at 2013, but not yet all of its people.

So for us, consistency is key, annual spending is an imperative. We must change the budget for national housing from N1.8 Bilion in 2015 to something in the hundreds of billions of Naira that matches our ambition.

If we can spend N10 billion in each state and the FCT on housing alone every year subject to (a) the capacity to raise the money and (b) the capacity to utilize the funds having regards to our current construction methods and the time it take to complete construction, which our ministry intends to change by research and industrialization of housing.

This is where those seminars and conferences will be useful but not before we at least start doing what we know so that our most vulnerable people can find jobs, before we start trying to improve.

If we achieve this, we will move from where we are now, start construction in all 36 States and the FCT and sustain this as we go along.

There has been a continuous debate about whether the houses should be “affordable”, whether it should be “low cost”, whether it should be “social” or whether it should be “mass housing”.

To the extent that we assume that “mass housing” is indicative of the need to increase production delivery and supply of housing, we understand what it means and we intend to address it.

As for the meaning of “affordable”, “social” or “low cost” we intend to conduct a national survey and get a feedback from our people as to what they want to pay and whether it is possible.

But we must be clear that sustainability is critical to solving the problem. One component of sustainability is that we must be able to repeat what we do, which means that we must recover the cost of houses, even if there is no profit, so that we can build more.

There will be no sustainability if we sell below our cost price.

Therefore, we must agree about who is entitled to a house and what type of house their income entitles them to.

We must also decide whether those who have no income can legitimately expect to own a home, without abdicating our responsibility as a Governrment to increase the capacity of ths economy to employ more people.

These are questions to which our national survey will be directed and honest answers will help provide a guidance for us to give you what you want, and not what we think you want.

Through construction, we expect to address economic commitments of change by stimulating jobs across the States especially for low income people like bricklayers, welders, carpenters, plumbers, vendors, who live on the margins of our society.

We are also considering the re-design of existing housing Roof types to make them ready to receive solar panels for electricity without damaging the roof or cause leakage during installation.

If we are successful, this will open a new vista for local manufacture of solar panels, create jobs at manufacturing, distributorship and installation levels especially for techincians as we have seen with cable Tv, which would not have happened without privatisation if all of us were still watching state owned television.

Of course if we achieve our goals, by complying with our laws, by transparent procurement process as we intend to, by focusing on good governance and getting value for money in government spending, incidents of corruption will become isolated and scandalous in a regime of laws and order; and we will have delivered on the anti-corruption leg of the change agenda.

Some short term specifics
Before I conclude let me address some short term specifics which subject to budget and financing changes our citizens should expect to witness in these three areas of roads, housing and power.

Roads
As I said earlier, jobs have been lost in the road construction industry which affected our GDP results and we started talking about recession.

The reason is simply because we did not budget enough for Capital expenditure and contractors were not paid.

As result workers were laid off to prevent companies folding up.

As at March 2015 the sample of jobs losses from only 4 four out of thousands of construction companies is as follows:

Construction job losses

Company 1: Junior staff – from 1800 to 1250, Senior Staff: 550 to 300. Expatriates 500 to 250. However, the situation could get worse

Company 2: local staff : 3000 to 1500. Expatriates: 100 to 50.

Company 3: Total 2500 to 1100 with more to go

Company 4: Local staff 4500 to 3000. Foreign: 250 to 100

By the end of September when budgets had been fully exhausted these numbers worsened.

I could not forget Company 5: whose CEO I met only on Tuesday the 1st December 2015; they had laid of 4,000 workers because Government was owing N3 Billion

By paying these contractors we will restore the lost jobs as an economic intervention of our promise of change.

We will start from Lagos-Ibadan expressway and work our way accross Nigeria gradually.

For those travelling for Christmas regret that because of the budget and financing structure in 2015 that have been explained and it is now only 17 (seventeen) days to Christmas, we cannot honestly promise that your journey times will be shorter this December but we are optimistic that with works hopefully resuming next year, things should improve over the next few months and progress.

The successful implementation of our plan to remove human and vehicular obstructions and impediments from our Higways will signpost the early signs of benefits of journey time improvements that commuters should expect.

This is as much the responsibility of citizens as it is that of Government.

The removal of settlements under federal bridges, along federal highways needs the buy-in of all Governors and the leadership of the Federal Government.

Housing
In the housing sector, if we complete our on-going projects, and we get land from the Governors in all states and the FCT to start what we know, using the LagosHoms model, we should start 40 Blocks of Housing in each state and FCT.

We expect State Governors to play a critical role here, by providing land of between 5-10 hectares for a start, with title documents, and access roads or in lieu of access roads, a commitment that they will build the access roads by the time the houses are completed.

We see this leading to potential delivery of 12 flats(homes) per block and 480 Flats(homes) per state, and 17,760 Flats (Homes) nationwide, for a start.

This will mean at a minimum of 4 doors and 2 windows very conservatively per home; a demand for 71,040 Doors and 35,520 Windows nationwide in year one, which we will encourage to be made in Nigeria. These figures are only examples and not fixed in definition and they are subject first to budgetary approvals and availability of finance.

The demand for those who will make and fix the doors and window, the hinges, the wood polish and the paint and tiles suggest the onset of jobs and change for our artisans and workers who are the real builders of every economy.

Out experience in Lagos was that about on every 1 (one) hectare of land where it was possible to build 8-10 blocks of houses, at least 1000 (One thousand) people got employed.

Power
In 2015, the total budget for the power ministry was N9.606 Billion. Out of this N4.476 Billiion was for recurrent expenditure to cover salaries and overheads, while N5.130 Billion was for capital expenditure, supposedly for on-going projects.

This was a significant under-provision, even if it was to complete only 22 (twenty-two) of the 142 (one hundred and forty-two) transmission projects I mentioned earlier estimated at over N40 Billion.

Apart from these there is a 10MW wind energy project in Katsina nearing completion, a 215MW plant in Kaduna and the 3,050 MW plant in Manbilla Taraba State all of which need to be completed.

Our First priority is to get contractors to finish on-going transmission contracts to enable us transport the power being generated to the Discos to distribute.

Our second priority is to ask the Governors to help us identify and enumerate their most populous industrial and commercial clusters where manufacturing, fabrication, welding and related productive work is going on, especially by small businesses and to see how we can use the existing Legal framework to attract embedded power supply to these people who must be ready to pay for the power.

Let me say that in such cases, the tariff may be higher than the current official tariff, but it will be many times a significant improvement on what they have and we will need the collaboration of the Discos to achieve this.

We can move them from self generation with their generators of diesel petrol and noise which costs N48 kW/hour and more, which does not deliver all round electricity, to a place where they will get over 90% predictable and reliable power to run their businesses.

We have a success stories and experience to work with from some successful small independent power projects in places like Lagos, in Isolo industrial estate, Lekki free Trade Zone and Aba to mention a few, and we can expand on these.

The owners of the discos will be expected to give us their co-operation through flexibility and innovative disposition for emergency interventions while they plan and developer their wholesale roll out plan.

Our economy cannot wait indefinitely and suffer job losses.

If we succeed, we can get a lot of workers back to work in cottage and small industries which are the critical driving forces of our economy.

The foregoing represents the highlights of our roadmap to delivering the change you voted for in the short term.

We will be unveiling our medium and long term plans to you in subsequent briefings which hopefully will be regular.

I will like to place on record our appreciation to the legislators especially the distinguished senators for the bi-partisan co-operation, the generosity of time placed at our disposal and by extension the entire country during the confirmation hearings.

As Members of the excutive arm we will need more of these type of co-operation to plan our strategy, and get their approvals as may be required; and will give as much co-operation as we can.

Finally it would be re-miss of all of us, permanent secretaries and ministers recently appointed to these merged ministries not to acknowledge and express appreciation for the groundswell of popular support and prayers that have followed the announcment of our appointments.

We understand the burden of your expectations and we pledge to work very hard not to let you, our principal, our country or indeed ourselves down.

Your continued support understanding and prayers will be very strong winds behind our sails as we set forth on this great journey of expectation and change.

Thank you for listening.

Babatunde Raji Fashola, SAN
Honourable Minister of Power, Works & Housing

 

Ministerial list: Reasons Buhari must withdraw Fashola’s nomination – CACOL

The Center for the Fight against Corruption and Open Leadership, CACOL, on Friday asked President Muhammadu Buhari to withdraw the ministerial candidate from Babatunde Fashola.

The CACOL stated that Fashola, former Minister of Labor, Housing and Energy, had not guaranteed good federal roads within the state of Lagos and the Ogun axis.

In a statement addressed to the president, the CACOL executive president, Debo Adeniran also insisted that Fashola failed in the energy and housing sectors while he was a minister, so he should not have been re-elected.

The letter sent to DAILY POST says: “We want to draw your attention to some vital issues related to the distinction between men and women, who have come together to be part of your cabinet in order to collaborate with you, to carry out your plan to promote Good governance and responsibility.

“We believe in competition; Integrity, history and diligence will undoubtedly determine the fulfillment of its objectives, they will create a new Nigeria in accordance with its declared commitment in a socio-political environment in Nigeria and a rejuvenated, economically virile, peaceful and united country according to the dreams of our founding ancestors .

“In this context, the Center for the Fight against Corruption and Open Leadership (CACOL) urges its excellence to withdraw the appointment of Raji Fashola, whose name, unfortunately, stood out among those who will be appointed as the new Minister of the Federal Republic of Nigeria.

“Follow-up of the letter we sent on 9 April 2019, in which we ask that Mr Fashola not be reappointed due to the fact that he has not fulfilled his duty in the three portfolios in terms of Work, Housing and Energy.

“It is sufficient to outline our in-depth analysis of the key portfolios of the outgoing minister as follows: –

“Deplorable conditions of federal roads within the state of Lagos and the Ogun axis

“In Lagos, deplorable federal roads include the entire stretch of the Oshodi-Apapa motorway, the Lagos-Badagry highway, some stretches of the Lagos-Ibadan highway that have not yet been touched by the reconstruction being carried out on the highway and where the work is underway, the quality of work has not been impressive

“Within the city, some of the roads involved are the road and the Ijora flyover; Funsho Williams Avenue, Alaka, Custain roundabout up to the Eko bridge ramp and Costain to the Iganmu bridge.

“The Carter Bridge roundabout to LAWMA Junction to Eko Bridge, Herbert Macaulay Way from Jibowu Junction to Adekunle Junction, Outer Marina to Ahmadu Bello Way from Apongbon to Bonny Camp, Falomo roundabout through Kingsway Road to Osborne Road is interested in Apapa Road a Western Avenue, between the ramp of the Iganmu bridge and the ramp of the Western Avenue bridge, among others

“The bad portions on the Lagos-Abeokuta highway such as Sango-Ota, Joju, Owode, Ijako, Iyana-Ilogbo and Pakoto have not only become deadly traps for motorists, but they have made travelers travel the road is subject to robbery attacks at gunpoint

“Many places on the Lagos-Abeokuta highway are in a deplorable state, which, of course, has made things difficult for travelers and motorists. These places are the motorway exit area, the Sango market area, Under Bridge, the Joju junction, the intersection of the Oando service station, Owode-Ijako and Iyana Ilogbo, along the Lagos highway- Abeokuta. In particular, on the Sango-Idiroko axis, it has bad portions in Iyana Ota, Oju Ore, Fowobi Junction, General Hospital, Ota Junction, as well as Ota High Court, Iyana Iyesi and the Bells area.

“The deplorable state of the iconic third continental bridge has left many motorists stunned, continuing to complain about the fragility of this important bridge. Not only do some parts of the bridge cause occasional trembling and instability, even on occasions of repairs, but the quality of the work generally leaves something to be desired. The dream of a fourth continental bridge remains what it is: a dream, since you do not see a tangible date for its beginning many years after its official launch. This would undoubtedly alleviate much of the congestion in the movement of people and goods from within Lagos to the surrounding cities.

“Apart from the Lagos-Abeokuta and Sango-Idiroko express roads begging for urgent intervention, other federal roads in the state-required major intervention such as Ikorodu-Shagamu road, Shagamu-Ijebu Ode road, Ijebu Ode-Ore are equally in terrible conditions and require urgent attention.

In the area of power, CACOL said Fashola propagated more propaganda during his first term as Minister.

“Power Holding (Electricity supply) and Nigerians’ Experience

“The experience has been that of continuous epileptic power supply even as the power generation availability hovers around 3, 500 to 4, 500 megawatts with tens of billions of US Dollars expended as shortfalls to Electricity Generation Companies (GENCOS)

“Almost four (4) years in the saddle, the Honourable Minister of Power, Works and Housing has demonstrated more of rhetoric and propaganda in protecting electricity consumers from the shylock electricity distributive companies (DISCOS) as more of darkness is supplied as bogus billing system (estimated billings) is enforced with people being hamstrung to pay for power they never enjoyed. The situation remains evenly pathetic, throughout the federation metering of homes and offices remain a pipe dream with different stories of how the exploited Nigerian power utilizing individuals and corporate organizations lick their wound daily, with unimaginable consequences on the entire economy and social activities

“Even with the claim of the power Ministry under Babatunde Fashola that power generation has increased from 4,000 (Four thousand) Megawatts to 7,000 (Seven Thousand Megawatts, Transmission from 5,000 (Five Thousand) Megawatts to 7,000 (Seven Thousand) Megawatts and Distribution from 2,690 (Two Thousand, Six Hundred and Ninety) Megawatts to 5,222 (Five Thousand, Two Hundred and Twenty-two) Megawatts, nothing is on ground to justify this claim as diverse protests rock the nation by frustrated and agonized members of the public who suffer these defects in power supply

“As it is characteristic of Babatunde Fashola’s style of leadership, when confronted with indifference and complacency on deployment of huge quantum of resources on electricity with defaulting companies not brought to book by Socio-Economic Rights and Accountability Project (SERAP) and challenged through the Freedom of Information (FOI) Acts, all that could be extracted was the role of an Abuja based company named POW Technologies Ltd that got paid for 19 (Nineteen) items since 2014 but has remained in default of 6 (six) items while palpable failure of many other procurements and contracts remain sketchy till date.”

Highlighting Fashola’s failure in the area of Housing Policy and Result, CACOL added: “Honourable Babatunde Raji Fashola (SAN) while commenting on the housing sector hinted that the pilot National Housing Programme which to him is second in the history of the nation has led to a nationwide housing construction currently at various stages of completion in 34 States of the federation, where landed properties were provided. He also insisted that construction works at these project sites are an ecosystem of human enterprise where artisans, vendors, suppliers and craftsmen are direct beneficiaries as well as contributors to nation-building.

“The Works and Housing Boss opined that the Ministry is also tackling the backlog of issuance of consent and Certificates of Occupancy on Federal Government lands, explaining that a total of 1, 216 applications for Consent to Transfer Interest inland and 1, 300 Certificates of Occupancy were approved and signed.

“However, unlike what was clearly visible under Lateef Jakande’s administration as Minister of Works under General (rtd) Abacha’s regime, most Nigerians continue to lament lack of adequate and affordable Housing scheme under this regime.

“CACOL had written to advice against the appointment of same Babatunde Raji Fashola in concordance with our objective appraisal of his performance whilst he held sway as governor of Lagos state. Today, we have been sufficiently vindicated as his inability to deliver the goods stare us all in the face. It is in view of this noted incompetence that we hereby, express our dissatisfaction of his performance in all those three (3) vital portfolios and call on your leadership to not only relieve him of any future responsibilities, but to probe his office on all supposed contracts given out under him with a view to bring him and others who may be culpable of siphoning and diverting humongous sums of money for work not done.

“Please, accept our esteemed regards as we believe you would view this intervention as our little contribution towards assisting in the greater success of this government, especially during your last lap in office.”

The Senate had on Wednesday commenced the screening of the Ministerial list Buhari sent to them for confirmation among whom was Fashola.

Other nominees include: Chris Ngige, Hadi Sirika, Rotimi Amaechi, Adamu Adamu, Mohammed Adamu, and Lai Mohammed.

Others in the list are Uche Ogah, Emeka Nwajuiba, Sadiya Farouk, Musa Bello, Godswill Akpabio, Sharon Ikeazor, Ogbonnaya Onu, Akpa Udo, and Adebayo (Ekiti).

Also, Timipre Sylva, Adamu Adamu, Shewuye (Borno), Isa Pantami, Gbemi Saraki, Ramatu Tijani, Clement Abam were also declared as part of the nominees.

Paullen Tallen, Abubakar Aliyu, Sale Mamman, Abubakar Malami, Muhammed Mamood, Rauf Aregbesola, Mustapha Buba Jedi Agba, Olamilekan Adegbite, and Mohammed Dangyadi.

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