General
40 Complete Ikeja Electric’s Youth Empowerment Program
No fewer than 40 young persons have completed a training exercise put together by Ikeja Electric Plc and Slot Foundation.
They underwent a skill acquisition and capacity building empowerment scheme tagged Youth Empowerment Program (YEP), one of the Corporate Social Responsibility (CSR) initiatives of the electricity firm designed to empower youths who are mainly residents of its host communities, to be economically and socially responsible through technical skill acquisition.
The training session lasted for three months and was held at the Slot Academy, with participants selected from across the Ikeja Electric host communities. They were trained in computer, phones and accessories maintenance and repair as well as business entrepreneurship ideas web design, hoisting and maintenance.
Speaking during the graduation ceremony last week, Chief Executive Officer of Ikeja Electric, Mr Anthony Youdeowei, noted that the company has demonstrated its commitment to improving the quality of lives of residents of its areas of operation as evidenced by the impact of its personal CSR initiatives across its network, since inception.
According to a World Economic Forum report on youth population in 2018, four in every 10 people are aged under 25 and they constitute 42 percent of the global population. Nearly half of the World’s young people live in sub-Saharan Africa
“So, it becomes imperative that young people are empowered to earn a living through entrepreneurship. This effort is also a crucial contribution to poverty reduction which is the whole idea behind Ikeja Electric’s support for this laudable project”, Mr Youdeowei stressed.
He commended Slot Systems Limited for partnering with Ikeja Electric to achieve this milestone initiative, saying, “We are very delighted to have partnered the leading household name in Phone and computer repairs. We have no doubt that the knowledge that these youth have gained in this program will equip them adequately as they venture into the world of entrepreneurs.”
He noted that the YEP Initiative has the potential of integrating the values of a good and productive citizenship in our youths, by motivating them to lead a normal life and by providing them a platform to develop and showcase their skills.
Mr Youdeowei urged the beneficiaries to ensure that they make the best use of the opportunity that has been granted them, to achieve self-sufficiency.
“For those of you graduating today, you have made the right choice. I congratulate you and urge you all to make good use of this great opportunity given to you to set up your own business and become employers of labour,” he said.
Managing Director of Slot Systems Limited, Mr Nnamdi Ezeigbo, expressed delight at the partnership with IE, which he described as a collaboration of value.
In his words: “The training exercise for me is very impactful. It is the kind of empowerment that the young people should ask from the multi-national companies that are willing to create value for the society. Companies that are interested in Corporate Social Responsibilities.”
“We are not just saying that empowerment should be about giving people money. We feel that empowerment should be about skill acquisition. This programme will help young people to become skillful and help them to become employable and most of them might even chose to be self-employed,” he stated.
In recent times, Ikeja Electric has been at the forefront of youth empowerment with focus on improving the lives of customers within its host communities across its six Business Units with empowerment initiatives aimed at contributing to the growth of the society.
General
NISO Attributes Electricity Woes to Inadequate Gas Supply
By Adedapo Adesanya
The Nigerian Independent System Operator (NISO) has attributed the poor power supply facing a considerable number of Nigerians to inadequate gas supply to thermal power plants.
Business Post reports that epileptic power supply has plagued consumers in Lagos, Oyo, Abuja, and Osun, among others, this month, leading to worries. Also, some businesses have recorded losses due to the epileptic power supply in their areas.
In a statement posted on its X handle, NISO disclosed that average available generation on the national grid currently stands at about 4,300 megawatts (MW), with the low output primarily attributed to gas supply constraints.
The system operator noted that thermal power plants, which account for the dominant share of Nigeria’s electricity generation mix, require an estimated 1,629.75 million standard cubic feet (MMSCF) of gas per day to operate at optimal capacity. However, as of February 23, 2026, actual gas supply to the plants was approximately 692.00 MMSCF per day.
The available supply represents less than 43 per cent of the daily gas requirement, resulting in constrained generation output and reduced electricity allocation to Distribution Companies (DisCos).
NISO, which independently manages the nation’s electricity grid, explained that any disruption or limitation in gas supply directly affects available generation capacity and overall grid output, given the heavy reliance on thermal plants.
It added that when total system generation drops significantly, the operator is compelled to implement load shedding across the network while dispatching available energy in line with allocation percentages approved under the Multi-Year Tariff Order (MYTO) framework of the Nigerian Electricity Regulatory Commission (NERC), to maintain grid stability and prevent system disturbances.
While expressing regret over the inconvenience to electricity consumers and market participants, NISO said it is working closely with relevant stakeholders to restore full energy allocation once gas supply improves and generation capacity returns to normal levels.
General
EFCC Re-Arraigns ex-AGF Malami, Wife, Son Over Alleged Money Laundering
By Adedapo Adesanya
The Economic and Financial Crimes Commission (EFCC) has re-arraigned former Attorney-General of the Federation (AGF), Mr Abubakar Malami (SAN), his wife, Mrs Asabe Bashir, and son, Mr Abdulaziz Malami, on money laundering charges.
They were brought before Justice Joyce Abdulmalik of the Federal High Court in Abuja, following the re-assignment of the case to the new trial judge.
Upon resumed hearing, EFCC’s lawyer, Mr Jibrin Okutepa (SAN), informed the court that the matter was scheduled for defendants’ re-arraignment.
“The matter is coming before your lordship this morning for the very first time. I will be applying for the plea of the defendants to be taken,” he said.
Mr Okutepa equally applied that the sums listed in Counts 11 and 12 be corrected to read N325 million instead of N325 billion for Count 11, and N120 million instead of N120 billion for Count 12.
When it was not opposed by the defence lawyer, Mr Joseph Daudu (SAN), Justice Abdulmalik granted the oral application by Mr Okutepa.
The defendants, however, pleaded not guilty to the 16 counts preferred against them by the anti-graft agency bordering on money laundering.
Justice Obiora Egwuatu had, on February 12, withdrawn from the case shortly after the civil case filed by the EFCC was brought to him.
The case was formerly before Justice Emeka Nwite, who sat as a vacation judge during the Christmas/New Year break.
After the vacation period, the CJ reassigned the cases to Justice Egwuatu, who had now recused himself, before it was reassigned to Justice Abdulmalik.
The former AGF, his wife, and son were earlier arraigned before Justice Nwite on December 30, 2025.
While Malami and his son were remanded at Kuje Correctional Centre, Asabe was remanded at Suleja Correctional Centre before they were admitted to N500 million bail each, on January 7, with two sureties each in the like sum.
General
INEC Shifts 2027 Presidential, N’Assembly Elections to January 16
By Adedapo Adesanya
Nigeria will hold next year’s presidential and National Assembly elections a month earlier than planned, after the Independent National Electoral Commission (INEC) revised the polling schedule.
The elections will be held on January 16, instead of the previously announced date of February 20, INEC said in an X post, signed by Mr Mohammed Kudu Haruna, National Commissioner and Chairman, Information and Voter Education Committee.
There were also changes to the Governorship and State Houses of Assembly elections initially fixed for Saturday, March 6 2027, in line with the Electoral Act, 2022, have now been moved to Saturday, February 6, 2027.
The electoral commission said the changes were caused by the enactment of the Electoral Act, 2026 and the repeal of the Electoral Act, 2022, which introduced adjustments to statutory timelines governing pre-election and electoral activities.
“The Commission reviewed and realigned the schedule to ensure compliance with the new legal framework,” it said.
INEC said party primaries (including resolution of disputes) will commence on April 23, 2026 and end on May 30, 2026, after which Presidential and National Assembly campaigns will begin on August 19, 2026, while Governorship and State Houses of Assembly campaigns will begin on September 9, 2026.
It noted that campaigns will end 24 hours before Election Day, and political parties have been advised to strictly adhere to the timelines.
INEC also stated it will enforce compliance with the law.
The electoral body also rescheduled the Osun Governorship election which was earlier scheduled for Saturday, August 8 2026, by a week to Saturday, August 15, 2026.
INEC noted that some activities regarding the Ekiti and Osun governorship elections have already been conducted, and the remaining activities will be implemented in accordance with the Electoral Act, 2026.
Speaking at a news briefing in Abuja two weeks ago, the chairman of INEC, Mr Joash Amupitan, expressed the readiness of the commission to conduct the polls next year.
The timetable issued by the organisation for the polls at the time came when the federal parliament had yet to transmit the amended electoral bill to President Bola Tinubu for assent.
Later that week, the Senate passed the electoral bill, reducing the notice of elections from 360 days to 180 days, while the transmission of results was mandated with a proviso.
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