General
Alleged N109bn Fraud: Court Remands Ahmed Idris in Prison
By Modupe Gbadeyanka
The suspended Accountant-General of the Federation (AGF), Mr Ahmed Idris, has been remanded in prison pending the determination of their bail applications.
He was arraigned before Justice Adeyemi Ajayi of the Federal Capital Territory High Court, Maitama Abuja, on Friday by the Economic and Financial Crimes Commission (EFCC).
At the court today, the judge said the professional accountant should be kept in the recently-attacked Kuje Correctional Centre in Abuja for now.
Mr Idris is facing a 14-count charge bordering on gratification, abuse of office and money laundering to the tune of over N109 billion.
He was brought before the court alongside Godfrey Olusegun Akindele, Mohammed Kudu Usman, and Gezawa Commodity Market and Exchange Limited.
“That you, Ahmed Idris between February and December, 2021 at Abuja in the Abuja Judicial Division of the High Court of the Federal Capital Territory, being a public servant by virtue of your position as the Accountant General of the Federation accepted from Olusegun Akindele, a gratification in the aggregate sum of N15,136,221,921.46 ( Fifteen Billion, One Hundred and Thirty Six Million, Two Hundred and Twenty One Thousand, Nine Hundred and Twenty One Naira and Forty Six Kobo) which sum was converted to the United States Dollars by the said Olusegun Akindele and which sum did not form part of your lawful remuneration but as a motive for accelerating the payment of 13% derivation to the nine (9) oil producing States in the Federation, through the office of the Accountant General of the Federation, and you thereby committed an offence contrary to Section 155 of the Penal Code Act Cap 532 Laws of the Federation of Nigeria 1990 and punishable under the same section,” one of the charges read.
“That you, Ahmed Idris while being the Accountant General of the Federation and Godfrey Olusegun Akindele while being the Technical Assistant to the Accountant General of the Federation between February and November 2021, at Abuja in the Abuja Judicial Division of the High Court of the Federal Capital Territory, in such capacity, entrusted with a certain property, to wit: N84,390,000,000(Eighty-Four Billion, Three Hundred and Ninety Million Naira) committed criminal breach of trust in respect of the said property when you dishonestly received the said sum from the Federal Government of Nigeria through Godfrey Olusegun Akindele trading under the name and style of Olusegun Akindele & Co., and you thereby committed an offence punishable under Section 315 of the Penal Code Act Cap 532 Laws of the Federation of Nigeria 1990,” another charge read.
After the charges were read, the defendants pleaded not guilty and the judge adjourned the matter to July 27, 2022.

General
Supreme Court Affirms David Mark’s Leadership of ADC
By Modupe Gbadeyanka
The Supreme Court has recognised Mr David Mark as the National Chairman of the African Democratic Congress (ADC).
In a judgment on Friday, the apex court restored the leadership of the former Senate President, after an appellate court had ordered a status quo ante bellum.
The Supreme Court held that the decision of the Appeal Court on status quo ante bellum was improper and unwarranted.
It also refused to uphold the preliminary objections by counsel to Mr Nafiu Bala, who is challenging the leadership of Mr Mark, directing that the suit should head back to the trial court for determination. Mr Bala went to court to seek an ex parte to stop Mr Mark and his team from parading themselves as leaders of the opposition party.
The ADC, which was asked to put on notice to explain why the injunction should not be given, appealed the matter, but the parties were asked to maintain the status quo ante bellum. This was interpreted to mean the ADC was without a leader.
The matter went to the apex court, which decided it today, affirming Mr Mark as the party’s chairman, which seeks to eject President Bola Tinubu from Aso Rock via the 2027 presidential election.
Mr Bala, a former vice chairman of the party, was said to have resigned his position to pave the way for Mr Mark and others, who joined the party from the People’s Democratic Party (PDP) and the Labour Party (LP).
However, he claimed he did not resign and that his signature was forged, seeking the court’s help to install him as the party’s chairman, based on ADC’s constitution, according to him.
General
Egbin Power Station Collapse Triggers Extended Outage in Lagos
By Adedapo Adesanya
Residents and businesses in Lagos will face an extended power outage following the sudden shutdown of the Egbin Power Station and a simultaneous transmission line outage.
The Nigerian Independent System Operator (NISO) in a statement on Thursday said that the Egbin Power Station suffered a major operational disturbance, leading to a complete loss of generation and worsening supply constraints in the nation’s commercial capital.
According to reports, the incident led to the death of a contractor. However, the company has yet to confirm the cause or provide an official account of what transpired.
In the statement, the system operator said the incident occurred at about 8:21 pm on April 28, when the plant’s output dropped from about 641 megawatts to zero.
It attributed the shutdown to critical equipment failure within the plant.
“The Nigerian Independent System Operator wishes to inform the general public of a significant reduction in power generation currently affecting electricity supply across the country, particularly within the Lagos region.
“Egbin Power Station, which is the largest electricity-generating plant on the national grid and a major contributor to daily power supply in Nigeria, experienced a major operational disturbance.
“At approximately 8:21 p.m. on April 28, 2026, Egbin Power Station recorded a total loss of generation, dropping from about 641MW to zero output.
“This incident was caused by the failure of the plant’s central compressor, in addition to a malfunction of the circulating water pump system, which necessitated an immediate shutdown of all generating units to safeguard the facility,” the statement partly read.
The operator explained that the impact of the generation loss was compounded by a transmission constraint affecting power delivery into Lagos.
“Power supply to the Lagos region is currently further restricted due to the forced outage of the Osogbo–Ikeja West 330kV transmission line, thereby limiting the evacuation of available generation into the Lagos load centre,” it added.
The dual disruption, according to the system operator, has created a significant supply gap, forcing authorities to ration electricity to prevent a total system collapse.
“Consequently, this loss of generation has created a significant supply shortfall, necessitating immediate load-shedding measures to maintain grid stability and prevent a wider system disturbance,” the statement added.
The agency said emergency measures had been activated to manage the situation and minimise the impact on consumers.
“System operators have since deployed contingency measures, including the reallocation of available load across distribution companies, with priority given to critical national infrastructure.
“In addition, efforts are ongoing to optimise generation from other available power plants to mitigate the impact of this development on electricity consumers,” it stated.
The operator apologised to consumers, particularly in Lagos and neighbouring areas, where outages have been more pronounced.
“We acknowledge the inconvenience this situation has caused electricity consumers, especially within Lagos and surrounding areas, and we assure the public that all relevant stakeholders are working closely to resolve the situation as quickly as possible,” it added.
The Egbin Power Station, located in Ikorodu, Lagos, is the largest thermal power plant on Nigeria’s national grid, with an installed capacity of over 1,300MW, although actual generation fluctuates due to gas supply, maintenance, and grid constraints.
Its central role means any major outage often has an immediate and widespread impact on electricity supply, particularly in Lagos, which accounts for a significant share of national power consumption.
The disruption highlights the fragility of Nigeria’s electricity grid, where single-point failures in generation or transmission infrastructure can trigger extended supply shortages.
General
Nigeria Records Milestone with OB3 River Niger Crossing
By Adedapo Adesanya
Nigeria has recorded a major milestone with the successful implementation of the River Niger crossing on the Obiafu-Obrikom-Oben (OB3) gas pipeline, a development that significantly advances Nigeria’s gas infrastructure and energy distribution network.
The Nigerian National Petroleum Company (NNPC) Limited, in a statement on Thursday, said the achievement, executed by the NNPC Gas Infrastructure Company (NGIC), marks the completion of one of the most technically challenging segments of the 130-kilometre pipeline project.
The crossing, constructed approximately two kilometres beneath the River Niger using advanced horizontal directional drilling (HDD) technology, effectively unlocks the full capacity of the OB3 pipeline, which is designed to transport up to 2 billion standard cubic feet of gas per day.
The OB3 pipeline itself has a long development history, conceived as a strategic backbone project to bridge Nigeria’s eastern and western gas networks. Initiated over a decade ago under the former Nigerian National Petroleum Corporation, the project faced multiple delays due to funding constraints, technical complexities—particularly around the River Niger crossing—and security concerns in parts of the Niger Delta. Over time, it evolved into a priority national infrastructure under successive administrations, forming a key part of Nigeria’s gas master plan and its push toward a more integrated and resilient domestic gas grid.
With the successful crossing now completed, Nigeria’s eastern and western gas networks are fully interconnected, strengthening supply reliability and enhancing domestic gas utilisation.
The project is also expected to unlock over 500 million standard cubic feet of incremental gas supply in the near term, supporting power generation, industrial expansion, and broader economic growth.
Speaking on the development, the Group Chief Executive Officer of NNPC Limited, Mr Bayo Ojulari, described the development as a defining milestone for the country’s gas infrastructure, noting that it reflects disciplined execution and technical excellence.
He added that the project builds on previous engineering successes, including the AKK River Niger crossing completed in 2025, and demonstrates the company’s growing capacity to deliver complex energy infrastructure.
The OB3 pipeline serves as a critical backbone linking key gas-producing regions across the country and extending connectivity to the northern corridor through the Ajaokuta-Kaduna-Kano (AKK) pipeline. By enabling seamless gas transmission across regions, the infrastructure is expected to deepen domestic supply, reduce flaring, and support Nigeria’s long-term energy security goals.
He commended President Bola Tinubu as well as project partners and host communities for their role in delivering the milestone.
The successful implementation of the River Niger crossing aligns with the government’s broader target of increasing gas production to 12 billion standard cubic feet per day by 2030, while positioning Nigeria as a stronger player in both domestic and regional energy markets.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
