• Thu. Feb 9th, 2023

Nigerian Government Approves $23m for Electricity Substations, N13b for Police Life Insurance

ByJustice Godfrey Okamgba

Dec 22, 2022
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Read Time:1 Minute, 57 Second

The Nigerian Police Force (NPF) will receive a group life insurance plan worth N13.3 billion thanks to approval from the Federal Executive Council (FEC).

This was stated by the Minister of Police Affairs, Maigari Dingyadi, in remarks to State House reporters at the conclusion of the Council meeting held on Wednesday in Abuja under the chairmanship of President Muhammadu Buhari.

He claims that during the fiscal year 2022–2023, the program will cover 318,319 police officers and men.

He said: “I submitted one very important memo to the Federal Executive Council, which has to do with the award of contract for the engagement of insurance underwriters and brokers for the coverage of group life assurance scheme for the Nigerian Police Force for the year 2022-2023 in the total sum of N13,321,742,038.83.

“This is going to cover our police population of 318,319, both officers and men. The Federal Executive Council has graciously approved this memo which will take effect from October 26, 2022, to October 26, 2023.”

The goal of the group life assurance program, according to the Minister, is to support the police officers and men who have been putting in a lot of effort to guarantee the protection of people and property all around the nation.

Abubakar Aliyu, the Minister of Electricity, spoke to the media about the FEC meeting’s results and announced that the Council had granted N3.4 billion for the restoration of Maiduguri, Bornopower,’s supply.

He said: “As you are aware, Maiduguri got disconnected from the national grid due to activities of insurgents. They have been disconnected for over 24 months.

“About nine months ago or thereabout, we were able to supply Maiduguri through an old line which we resuscitated through the effort of the Borno State Government’s Rural Electrification Agency and the Transmission Company of Nigeria.

“They resuscitated a single line of 33KV from Damaturu, Yobe State, and through that, we took a very small quantity of electricity which could only give electricity on the 11KV line.

“So, we are now trying to supply through another new line, a double circuit 33KV which can take up to around 40 Megawatts from the Damaturu 330 substation.

“This is at a cost of N3,164,293,880 plus N250,000 million for security and other logistics.”

 

AIT
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