I remember the 2000 final. South African fans were throwing things on the pitch. They stoned Anne Agumanu (our keeper). Anne went to complain to the referee, but the referee sent her back to her post.
Then the fans threw a big rock. Anne took it and went back to the referee. I could read her lips. She was shouting, "See! See"! The referee then ended the match.
Riot police came into the stadium and chased the fans away. There was a little girl, around 10 years old, in the stands. The fear on her face was heart breaking.
In 2004 the Cameroonians did not come to play football. I think they thought that it was WWE. It was like they came to injure our players.
2008 and 2012 Equatorial Guinea hired some Nigerians, Brazilians and others and put them in their team. There were also allegations (by Nigeria and South Africa and fans watching on TV) that some of their players were men.
They were later banned for using inneligible players.
There was a home and away qualifying series for the FIFA Women's World Cup in 1991 and 1995. The winner of the series was recognised as the champion of Africa.
1991
Nigeria🇳🇬 2-0 🇨🇲 Cameroon (in Lagos)
Cameroon🇨🇲 0-4 🇳🇬Nigeria (in Yaounde)
(Nigeria won 6-0 on aggregate).
The other semi-finalists were Guinea and Zambia.
1995
Nigeria🇳🇬 4-1 🇿🇦South Africa (in Ibadan)
South Africa🇿🇦 1-7 🇳🇬Nigeria (in Johannesburg)
(Nigeria won 11-2 on aggregate).
The other semi-finalists were Ghana and Angola.
African Women's Championship/Women's African Cup of Nations
1998
In 1998 Nigeria's first lady, Mrs Maryam Abacha, donated a trophy for an African Women's Championship.
The first edition was held in Kaduna and Ijebu-Ode in Nigeria.
FINAL
Nigeria🇳🇬 2–0 🇬🇭Ghana
3RD PLACE MATCH
DR Congo🇨🇩 3–3 🇨🇲Cameroon (DR Congo won 3-1 on penalties).
HIGHEST GOAL SCORER
Nkiru Okosieme (Nigeria) – 3 goals
2000
The 2000 edition was hosted by South Africa in the cities of Johannesburg and Boksburg.
FINAL
Nigeria🇳🇬 2-0 🇿🇦South Africa (The match was abandoned in the 73rd minute due to rioting by the South African fans).
3RD PLACE MATCH
Ghana🇬🇭 6-3 🇿🇼Zimbabwe
HIGHEST GOAL SCORER
Mercy Akide (Nigeria) – 7 goals
2002
The 2002 edition was hosted by Nigeria in the cities of Warri and Oghara.
FINAL
Nigeria🇳🇬 2-0 🇬🇭Ghana
3RD PLACE MATCH
Cameroon🇨🇲 3-0 🇿🇦South Africa
HIGHEST GOAL SCORERS
Alberta Sackey (Ghana), Perpetua Nkwocha (Nigeria), Veronica Phewa (South Africa) – 4 goals
2004
The 2004 edition of the tournament was hosted by South Africa in the cities of Johannesburg, Pretoria and Germiston.
FINAL
Nigeria🇳🇬 5-0 🇨🇲Cameroon
3RD PLACE MATCH
Ghana🇬🇭 0-0 🇪🇹Ethiopia (Ghana won 6-5 on penalties).
HIGHEST GOAL SCORER
Perpetua Nkwocha (Nigeria) – 9 goals
2006
The 2006 edition was hosted by Nigeria in Warri, Oleh, Oghara and Ughelli.
FINAL
Nigeria🇳🇬 1-0 🇬🇭Ghana
3RD PLACE MATCH
Cameroon🇨🇲 2-2 🇿🇦South Africa (South Africa won 5-4 on penalties).
HIGHEST GOAL SCORER
Perpetua Nkwocha (Nigeria) – 7 goals
BEST PLAYER
Portia Modise (South Africa)
2008
The 2008 edition was hosted by Equatorial Guinea in the cities of Malabo and Bata.
FINAL
Equatorial Guinea🇬🇶 2-1 🇿🇦South Africa
3RD PLACE MATCH
Nigeria🇳🇬 1-1 🇨🇲Cameroon (Nigeria won 4-3 on penalties)
naptu2: This post has been pending for years, mainly because I wanted to analyse each style in depth. Instead of doing that, I'm going to summarise them and get straight to the point.
Every country had its own unique style of football when I was a kid.
Brazil played Joga Bonito (play beautifully). This was characterised by incredible dribbling skills, fantastic passes and basically, eye catching football. (Joga bonito [play beautifully] should not be confused with Jogo Bonito, which means "The Beautiful Game). Brazilian players had great skills and it was said that Brazilian kids in academies were not allowed to play in big open fields, but were instead forced to play in small confined spaces (like indoor football) to improve their close control.
This is the kind of football that I grew up watching because the NTA showed Brazilian Football at 10pm every Sunday in the late 1970s and early 1980s.
The Italian system was Catenaccio. This was characterised by very hard and stingy defences. It was said that, if you were a striker and you succeeded in Serie A, then you could succeed anywhere. Italian defenders were very hard and no-nonsense defenders.
I used to joke that people usually don't notice Italy before major tournaments. They often struggle to qualify, they don't seem impressive, they often grind out 1-0 victories and before anybody realises it, they are in the final.
This old joke was brought to life at USA '94 when Italy was in a crazy group. Every team in that group won a match by 1-0 and it became impossible to separate them. I think they had to toss a coin to separate them, I can't remember for sure.. Yet Italy got to the final of that World Cup.
Argentina played anti-football and that's why I passionately hated them in the 1980s and early 1990s. Their main aim was to deceive the referee. They fell down when nobody touched them, they tried to annoy and unsettle opponents, they played every trick in the book. Diego Maradona was one of the biggest culprits. Just look at his behaviour at Italia '90!
Cameroon had their own version of anti-football. In addition to falling down when nobody touched them and being extremely rough and physical, they also had their own trademark trick. Pray that Cameroon never scores first if you are playing against them. They will completely lose interest in playing normal football.
They play the ball among themselves in their own half and they don't bother to attack you or to try and score. If you threaten them or try to take the ball from them, then they'll simply pass the ball to their goalkeeper who would waste time by holding it.
They used this tactic at the World Cup in 1990 and Italian fans, who were not used to it, whistled and booed. I was used to it, so I was laughing my head off.
It was because of Cameroon's use of this tactic at Italia '90 that FIFA banned backpasses to the goalkeeper.
The Netherlands played Total Football. Every player can play anywhere on the pitch. The Dutch had a succession of excellent goalkeepers that were good with their feet and they were almost like defenders/sweepers. It was like mass attack and mass defence. Their defenders were great in attack and their attackers were great at defending and their passing game was superb. Teamwork was emphasised above individual ability.
In later years, Johan Cruyff took the Dutch total football to Spain and it became Tiki Taka. That relentless possession football and passing game grew at Barcelona and it became Spanish culture.
The Germans had their machine football , which meant that they could soak up any pressure and absorb whatever was thrown at them and kill teams with counter attacking football.
The Ghanaians were called the Brazilians of Africa and they had their own form of joga bonito.
North African teams played anti-football with a lot of gamesmanship and strong defensive football (do not let them score first).
People made fun of English football and called it "Kick and Follow", but they called it Route One football
Nigeria had its exciting attacking football, which was characterised by great wing play and fast paced, adrenaline producing attacks.
And so on and so forth.
The issue is that all these have died in the past few decades. Players from all over the world have migrated to Europe, where they are forced to play a European style of football. Even within Europe, the Bossman Ruling means that teams can be made up entirely of foreigners. European football is also broadcast around the world by satellite and European coaches are coaching national teams and clubsides around the world.
Back when Carlos Dunga was coaching Brazil, people complained that he was making the national team play in an ultra defensive European style, instead of playing Joga Bonito.
This is a very big issue in Nigeria and much of Africa.
Many European coaches believe that African style of football is not a successful style of football. I posted a video of Hugo Broos, the famous former Belgian player and coach, saying that no African country can win the World Cup by playing African style of football. Broos is the coach of South Africa and he made this statement after the recent Nations Cup.
You see, back in the late 1980s, I heard Europeans say that Africans play exciting football, but they are always so focused on attack that they forget to defend (defence, organisation and tactical discipline) and that's why Europeans always beat Africans.
A lot of European and American coaches who come to coach in Africa have this same feeling. This often leads to problems.
Phillipe Trousier, Thomas Dennerby, Jose Paseiro and now Randy Waldrum have come to coach in Nigeria, but they often had problems with the fans, despite achieving success. That's because the fans want to see fast and exciting attacking football, while those coaches focused on strengthening us defensively and grinding out wins. It seems like Nigerians don't mind if we lose, as long as we play attractive attacking football.
We've also had that problem with players like Mikel Obi, Ngozi Okobi and Asisat Oshoala. These players had flair, but they went to Europe and European coaches prioritised efficiency over flair and their style of play changed.
I kind of miss the days when each country had its own style of football.
daveP: Beautiful interview with Ayinde, but i have a problem with that African football part and Randy. Lol
Isn't that the tactics that made us play better ball at the World Cup and made non-lookers finally see the beauty of "African teams"?
We are not the only team in Africa so that term itself is vague cos many factors still exist to not make that term something to generalize right now, especially as other African teams have different approaches that can't be terms what she means by African football that Madugu is using currently.
She was one of the beautiful revelations under the Randy football now. Abi wetin my eyes dey see here?
Anyway..... Hmmmm
I wrote about this last year (and the coach of Bafana Bafana also said something similar). People often say that African teams play beautiful free flowing attacking football, but they forget to defend. European coaches that come to Africa often try to emphasise defending properly, keeping the shape of the team intact, etc. but this often annoys African fans.
Hugo Broos (the Dutch coach of Bafana Bafana) said that no African team can win the World Cup with that system.
Nigerians have often criticised coaches like Philippe Troussier, Thomas Dennerby and Randy Waldrum for tightening up our defences and sacrificing our attacking flair.
Coldspice: That guy did not know that PJ = private jet and he'll never admit that he's wrong. He'll keep asking you the same question forever, even though you've already answered them.
But one thing that is certain is that there will be a platform for Obi to run in 2027.
So, the earlier Tinubu stops plotting on how to prevent him from being on the ballot and starts sincerely delivering real governance to the people, the better for him.
@ bold: I agree.
Meanwhile, how do you know that Tinubu would not prefer to have him on the ballot?
AMINDA: Those are just applications for registration and they have not been registered by INEC, just like ADA. They will likely not be registered before 2027.
Guesswork. They may or may not be registered before 2027. That's why the applicants applied. They didn't apply because they had nothing better to do.
Tolu2024: Let me honest forget tribe or politics is it not weird that a former president of Nigeria died and no world leader pay a tribute to him or Nigeria even a whole nation like England 🏴 where he died no comment or tribute from them?
The president of the most popular black country on earth ?
They have all commented and paid tribute. You just don't want to see it.
David Lammy is the UK Foreign Secretary (foreign minister)
David Lammy @DavidLammy
Saddened by the passing of former Nigerian President Muhammadu Buhari. He was a defining figure in Nigeria’s modern history and a steadfast partner to the UK. I expressed my condolences to @YusufTuggar yesterday. My thoughts are with the Nigerian people.
Thank you, Foreign Secretary @DavidLammy, for your thoughtful message. President Muhammadu Buhari played a significant role in shaping Nigeria’s modern trajectory. We appreciate your condolences and the UK’s acknowledgment of his legacy.
The US Assistant Secretary of State for African Affairs.
Bureau of African Affairs @AsstSecStateAf
On behalf of the United States, we are deeply saddened by the passing of former President Muhammadu Buhari. We extend our condolences to all those mourning his loss. His leadership and dedicated service to Nigeria will always be remembered.
Sir Dauda Jawara was prime minister of Gambia from 1962 (before independence in 1965) till 1970 (Queen Elizabeth II was head of state). He became president of Gambia in 1970.
Sir Dauda Jawara was overthrown in a coup in 1994 and Colonel Yahya Jammeh became head of state.
Jammeh transitioned from being a military head of state to a civilian elected president in 1996. He kept changing the constitution to extend his tenure.
Jammeh lost the 2016 presidential election to Adama Barrow, but refused to leave office. Instead he sacked the electoral commission.
ECOWAS told Jammeh to leave office, but he refused.
President Buhari ordered Nigerian Navy warship, NNS Centenary, to Gambia and Nigerian Air Force Alpha Jets flew over Banjul. Senegalese soldiers also massed on the border, ready to invade Gambia and remove Jammeh.
Jammeh got the message and went into exile.
Gambians took to social media to mourn and thank President Buhari when they heard of his (Buhari's) death.
President of The Gambia, His Excellency Adama Barrow, offering prayers at the graveside of former President Muhammadu Buhari in Daura. The Gambian leader, who is in Nigeria on a condolence visit, paid his respects and prayed for Allah’s mercy upon the late Leader, asking that his soul be granted eternal rest in Al-Jannatul Firdaus.
President of The Gambia, His Excellency Adama Barrow, offering prayers at the graveside of former President Muhammadu Buhari in Daura. The Gambian leader, who is in Nigeria on a condolence visit, paid his respects and prayed for Allah’s mercy upon the late Leader, asking that his… pic.twitter.com/yqTQ3nB4VZ
Photos of President of The Gambia, His Excellency, Adama Barrow, who visited former President Muhammadu Buhari’s family in Daura earlier today to personally offer his condolences over the passing of the former leader. May Allah (SWT) grant him Jannah. Ameen!
President Bola Tinubu has assured power generation companies of the Federal Government’s commitment to settling outstanding debts, pending a thorough audit process.
The assurance was given on Friday during a meeting with the Association of Power Generation Companies at the State House, Abuja.
The meeting details were disclosed in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga.
The delegation was led by retired Col. Sani Bello and included other key industry stakeholders.
Tinubu reiterated his commitment to resolving liquidity challenges affecting Nigeria’s electricity sector.
“I accept the liabilities of my predecessors, but only on credible and verifiable grounds.
“I must confirm the figures are authentic. This inheritance must not be cosmetic, but a tool for industrial and economic advancement,” Tinubu said.
He urged power firms and financial institutions to remain patient during the verification process.
“We are here now. Please inform your colleagues. Allow us time for proper validation of the numbers,” he added.
Tinubu emphasised support for a market-driven electricity sector and acknowledged unresolved legacy issues.
“This issue has lingered. We are now addressing it. We’ve saved significantly on fuel subsidies and introduced CNG to ease pressure on citizens,” he said.
He appealed to banks for cooperation in resolving financial constraints.
“To our banking partners, avoid foreclosures. Be prudent, but flexible. Let us endure this together,” he said.
Tinubu emphasised that stable electricity is essential to national growth and the well-being of citizens.
Special Adviser on Energy, Ms Olu Verheijen, said Tinubu approved a ₦4 trillion bond to ease power sector liquidity issues.
She attributed the crisis to years of unpaid tariff shortfalls and wide market gaps.
She noted the Federal Government owes a verified ₦4 trillion debt to GENCOs, dating back to 2015.
“We’ve met with 27 GENCOs to review their PPAs and gas agreements, validating the legitimacy of claims.
“GENCOs are claiming ₦4 trillion for the period 2015 to end of 2023,” she said.
She confirmed that NBET has so far validated ₦1.8 trillion of those claims.
“Additionally, ₦200 billion in unfunded subsidies has accumulated, increasing the government’s liability.
“As of April 2025, verified exposure stands at ₦4 trillion,” she said.
She warned that the debt figure might be adjusted following further assessments.
“The ₦4 trillion bond has anticipatory approval, subject to negotiation and agreement.
“Only verified debts will be included in the DMO’s final issuance,” Verheijen explained.
Minister of Power, Adebayo Adelabu, praised Tinubu’s leadership and recent sector reforms.
“Your presence today confirms your unwavering commitment to Nigeria’s power development.
“Under your leadership, we’ve achieved critical sector milestones in under two years,” he said.
He described the Electricity Act 2023 as a breakthrough for decentralising and liberalising the market.
The administration also introduced the first Integrated National Electricity Policy in 24 years.
Adelabu said over $2 billion in private capital was attracted for grid expansion projects.
He reported that revenue rose by 70%, from ₦1 trillion in 2023 to ₦1.7 trillion in 2024.
This increase helped cut government subsidies by more than ₦700 billion.
Installed generation capacity reached 14,000 MW, with 5,801 MW achieved on March 4.
Daily energy delivery hit a record high of 120,370 megawatt-hours.
There was no national grid collapse in 2025, due to the Presidential Power Initiative.
This initiative added over 700 MW to transmission capacity.
He noted 300,000 smart meters were delivered under the ₦700 billion Presidential Metering Initiative and World Bank DISREP.
However, Adelabu warned that liquidity issues threaten to undo recent gains.
“The debt overhang could lead to a total shutdown of generation assets,” he said.
He urged the President to approve phased payments to GENCOs without delay.
He called for sustained structural reforms to stabilise the power sector.
Business leaders Tony Elumelu and Kola Adesina also urged swift government intervention.
“Mr President, the banks are threatening foreclosure. Not because of poor performance, but due to unpaid debts,” Elumelu said.
He praised Tinubu for restoring investor confidence and oil production.
“Before 2023, we lost 97 per cent of daily oil output. Today, we retain 98 per cent. That’s real progress,” Elumelu said.
Adesina also highlighted the urgent need for liquidity and a reliable gas supply.
“Liquidity is the lifeblood of power generation. Without it, Nigeria’s development will suffer,” Adesina said.
He stated that underperforming plants in Afam are lacking gas due to unpaid suppliers.
“We suggest unlocking 800 million cubic feet of gas via NLNG for plant supply,” he said.
The meeting was attended by top government officials, regulators, and stakeholders from the power sector.
Present were the Chief of Staff, Minister of Finance Wale Edun, and Minister of Information Mohammed Idris.
Colonel Sani Bello was ADC to the head of state, Major General JTU Aguiyi-Ironsi. He was kidnapped with Aguiyi-Ironsi during the July 1966 coup. He was saved by a phone call that he made before they were kidnapped.
Sani Bello had phoned a classmate of his at the military academy and told him that he was afraid that they would all die. The classmate said that he would come and save them, but Sani Bello said that he believed that they would all be dead before the classmate got there.
The classmate was able to trace them and convince the coupists to free Sani Bello and Andrew Nwankwo. He told the coupists that the 2 ADC had nothing to do with whatever caused their grievances and they were soldiers who were just following orders like the coupists. The coupists refused to release Ironsi and Fajuyi and the classmate accepted this, but appealed to them to release the ADCs, which they did.
Colonel Sani Bello fought in the Civil War, was injured and was evacuated to Lagos.
He served as military governor of Kano State during the Murtala and Obasanjo era.
He retired from the military in 1979 and went into business and became very wealthy.
He has served as chairman of Dantata and Sawoe Construction Company and has interest in the oil and gas and banking sectors.
Colonel Bello is the chairman of Mainstream Energy Solutions which owns the Kainji, Jebba and Zungeru dams.
He is childhood friends with Ibrahim Babangida and Abdulsalam Abubakar.
His son, Abubakar Sani Bello, was governor of Niger State from 2015-2023.
1) Electricity has a cost. Electricity companies must buy gas, pay workers, buy equipmemt, maintain equipment, etc. Payments must reflect that cost otherwise the sector will collapse.
2) The Federal Government is paying subsidy to reduce the cost for users. Users pay less, but the Federal Government pays the difference so that electricity companies can afford to generate power.
3) The Federal Government cannot afford the subsidy. It has been owing electricity companies for a long time. When the companies complain or when service reduces (because the companies cannot afford to generate electricity) the Federal Government will quickly pay part of the debt.
PRESIDENT TINUBU MEETS CHAIRMEN OF GENCOS, PLEDGES TO RESOLVE LONGSTANDING DEBT CLAIMS
President Bola Tinubu on Friday appealed to power generation companies (GENCOs) to give the federal government more time to complete the verification and validation of longstanding debts owed to them.
During a meeting with members of the Association of Power Generation Companies, led by Col. Sani Bello (rtd), at the Presidential Villa in Abuja, the President assured them of his administration's commitment to resolving the liquidity challenges in the power sector.
The Special Adviser to the President on Energy, Mrs. Olu Verheijen, disclosed that a ₦4 trillion bond programme has received anticipatory approval from President Tinubu to address the liquidity shortfall in the sector.
President Tinubu acknowledged the historic liabilities inherited from previous administrations and pledged transparency and fairness in addressing them:
"I accept the assets and liabilities of my predecessors, and there is no question about that. But that acceptance must be on credible grounds. I need to wear the audit cap of verifiability, authenticity, and the fact that this inheritance is not a mere deodorant but a support structure for critical economic and industrial promotion."
The President emphasised the need for patience from GENCOs and financial institutions, noting that government agencies are actively engaging audit and legal firms to scrutinise the claims.
"We are here. So market it to your other colleagues. Give us time to do verification and validation of the numbers," he said.
While reaffirming his belief in a market-driven electricity sector, the President said the industry's long-neglected legacy issues are now receiving the attention they deserve.
"This is a longstanding issue that is now being dealt with. I know how much we have been able to save on fuel subsidies. We introduced the alternative, CNG, to bring relief back to the people."
President Tinubu also emphasised the government's commitment to creating a stable investment environment and avoiding extreme measures, such as bank asset foreclosures, against the generation companies.
"To our friends in the banking sector, I ask that we avoid foreclosures. Sharpen your pencils, but keep an eraser handy. Let's persevere together."
Describing electricity as "the most important discovery of humanity in the last 1,000 years," the President reaffirmed that access to electricity is fundamental to economic growth and human dignity.
The Special Adviser to the President, Ms. Verheijen, attributed the liquidity crisis to "a combination of unfunded tariff shortfalls and market shortfalls" that have built up over a decade.
She stated that as of April 2025, the Federal Government is carrying a verified exposure of ₦4 trillion in debts to GENCOs, an accumulation dating back to 2015.
"We have since sat with 27 GENCOs—not all of them are here today—and reviewed their PPAs and gas sales agreements to understand the legitimacy of their claims. The GENCOs claimed about ₦4 trillion from 2015 to the end of 2023," she said.
According to her, the Nigerian Bulk Electricity Trading Company (NBET)—the agency that contractually mediates between GENCOs and the government—has validated ₦1.8 trillion of these claims so far.
"Since that period, we have had ₦200 billion in unfunded subsidies that have accumulated the federal government's liability.
"So, as of April 2025, the total exposure that we are carrying at the moment is ₦4 trillion," she added.
However, Ms. Verheijen cautioned that the figure remains subject to downward revision, pending final validation.
"While there is an anticipatory approval of this ₦4 trillion bond programme, it is subject to negotiations and final settlement of agreements. Only the amounts that the federal government validly owes are the things that will make it into the issuance by DMO," she explained.
The Minister of Power, Chief Adebayo Adelabu, commended President Tinubu for the attention given to the power sector, stating that the administration's reforms have restored investor confidence and improved performance across the electricity value chain.
"Your Excellency, your presence at this meeting is a clear testament to your unwavering commitment to the sustainability, stability, and long-term development of Nigeria's power sector. Under your leadership, we have recorded critical milestones in less than two years," the Minister said.
Adelabu said the Tinubu administration signed into law the Electricity Act, 2023, which decentralises and liberalises the electricity market. This was the first legislation signed by the President upon assuming office.
He noted that the administration has launched Nigeria's first Integrated National Electricity Policy in 24 years to drive coherence in sector planning and delivery.
He disclosed that over $2 billion in new private capital has been attracted to expand electricity access nationwide. At the same time, the sector's annual revenue has grown by 70 per cent—from ₦1 trillion in 2023 to ₦1.7 trillion in 2024—resulting in a reduction of government subsidy obligations by over ₦700 billion.
He added that installed generation capacity has grown from 13,000 MW to 14,000 MW, with an all-time peak generation of 5,801 MW and a record maximum daily energy delivery of 120,370 MWh, achieved on March 4, 2025.
According to him, there has been no national grid collapse in 2025, a direct result of interventions under the Presidential Power Initiative, which has added over 700MW of transmission capacity.
He reported significant progress in narrowing Nigeria's metering gap through the ₦700 billion Presidential Metering Initiative, funded via FAAC, and the World Bank-supported Distribution Sector Recovery Programme (DISREP), which has already delivered 300,000 smart meters out of 3.45 million procured.
While acknowledging these strides, Adelabu cautioned that the sector is grappling with an urgent liquidity crisis that could undermine the sustainability of ongoing reforms and investments.
"Mr. President, given the grave implications of this debt overhang, including the risk of a nationwide shutdown of generation assets, I humbly seek your immediate support for defraying these obligations, even if partially, over a defined period," the Minister appealed.
He urged the President to continue supporting structural reforms to ensure a resilient and financially viable power market.
In separate remarks, business leaders Tony Elumelu and Kola Adesina appealed for urgent intervention to preserve operations and encourage further investment in the sector.
"Mr. President, we've come to you as a last hope. The generating companies are heavily indebted to banks, and foreclosure threats are real, not because we're not doing our jobs, but because the system owes us trillions," Elumelu said.
He commended the Tinubu administration for restoring the integrity of oil production and banking stability.
"Before you took office in 2023, we lost 97% of our daily oil production. Today, we are retaining 98%. That's transformation. Investors are seeing greater stability and predictability," he said.
On electricity, Elumelu added: "We don't need power to complete your transformation, we need power to enable it. Power is critical to unlocking Nigeria's full potential. We urge you to help solve this debt problem."
Adesina reiterated the need for immediate liquidity support while raising concerns over gas supply shortfalls.
"Liquidity is the oxygen of our business. Without urgent intervention, generation capacity will stall, and Nigeria's industrial and economic ambitions will be jeopardised.
"The plants in the Afam axis are underperforming because we have not paid gas suppliers. We propose unlocking 800 million cubic feet of gas through NLNG to boost supply to these power plants," he said.
The meeting was attended by the Chief of Staff to the President, Femi Gbajabiamila; the Coordinating Minister of the Economy and Minister of Finance, Mr. Wale Edun; the Minister of Information and National Orientation, Alhaji Mohammed Idris; and other senior government officials, regulators, and stakeholders in Nigeria's electricity industry.
daveP: I saw about 4 players i recognize from their u20 team. Na soso teenagers. That their coach go siddon like Randy Waldrum. Hin heart wan cut😂
SA will have to press factory reset and go back to the board. The team has peaked and now a new set of faces need to take over. They messed up from their SAFA and kgatlana and ellis...
daveP: They're wasting their mental efforts by trying to checkmate Alozie and Plumptre via documentation issues. These are clowns mehn. This should make us end this under 60mins abeg. Moroccans😂😂😂🙌🏽
But it's a sign that they are going to deploy their usual gamesmanship and dirty tricks. This is just the first trick. We need to be ready for them.