General
CNPP Wants Adelabu Removed as Power Minister for “Incompetence”
By Modupe Gbadeyanka
The Minister of Power, Mr Adebayo Adelabu, has been advised to immediately resign from the position and if he refuses, he should be removed by President Bola Tinubu because he lacks the capacity to address Nigeria’s chronic electricity crisis.
This call was made by the Conference of Nigeria Political Parties (CNPP) and the Coalition of National Civil Society Organisations (CNCSOs), which accused the Minister of incompetence.
In a statement jointly signed by the Deputy National Publicity Secretary of CNPP, Mr James Ezema, and the National Secretary of CNCSOs, Ali Abacha, they described Mr Adelabu as “a typical example of a round peg in a square hole.”
The groups said over 40 per cent of Nigerians remain without access to electricity, while the rest rely on a national grid that delivers a meagre and unreliable supply of 2,000MW to 4,000MW daily—a situation unchanged since the 1980s.
“This failure has perpetuated a cycle of economic stagnation, job losses, and the closure of small and medium-sized enterprises, which are the backbone of Nigeria’s economy,” the statement read.
The coalition expressed grave concern that Nigeria continues to lag behind other African nations in electrification, despite its abundant human and natural resources.
The CNPP and CNCSOs also criticized Minister Adelabu for failing to leverage the Nigerian Electricity Act of 2023, which decentralizes electricity provision and encourages public-private collaboration.
“His inability to market these opportunities to attract local and international investors has exacerbated the nation’s power crisis and undermined the potential for economic recovery,” the statement added.
Adding weight to their argument, the coalition cited a recent report by the Nigerian Electricity Regulatory Commission (NERC), which revealed three incidents of total grid collapse and two incidents of partial collapse in the fourth quarter of 2024. Despite these failures, Nigerians paid a staggering N509.84 billion to electricity distribution companies during the same period—an increase from the N466.69 billion spent in the third quarter of 2024.
The coalition emphasized that these alarming statistics, coupled with 12 grid collapses recorded throughout 2024, demonstrate the Minister’s inability to address systemic issues in the power sector.
“His continued tenure is untenable,” the statement declared, urging President Bola Tinubu to redeploy Minister Adelabu to a ministry aligned with his competencies within seven days. The coalition questioned the Minister’s qualifications, pointing out that his expertise lies in financial services, hospitality, entertainment, agriculture, and real estate—not the power sector.
“His appointment appears to be a case of political patronage rather than merit, and his performance has validated our concerns,” the statement said.
The coalition also took aim at the broader implications of the Tinubu administration’s policies, which they claim have bred poverty and discontent among Nigerians.
“While we acknowledge the President’s intentions to address the nation’s challenges, the incompetence of appointees like Minister Adelabu undermines these efforts and erodes public trust,” the statement argued.
In a resolute conclusion, the CNPP and CNCSOs called on President Tinubu to act decisively in the interest of the Nigerian people.
“The power sector is too critical to be left in the hands of individuals who lack the requisite expertise and vision. Minister Adelabu must resign or be redeployed immediately to prevent further damage to Nigeria’s economy and the well-being of its citizens.”
The coalition vowed to continue assessing the performance of Ministries, Departments, and Agencies under President Tinubu’s administration, prioritizing the interests of the suffering masses who yearn for good governance across the country.
By Adedapo Adesanya
Petralon Energy is on track to boost Nigerian crude production by a further 2,500 barrels per day, following drilling activities at the Dawes Island field.
According to a statement from the Africa Energy Chamber (AEC) on Monday, the company recently completed a new well at the field, aligning with plans to maximize output at the field. Operated by Petralon Energy subsidiary Petralon 54 Limited, the field is situated in Petroleum Prospecting License (PPL) 259.
The milestone comes as Petralon seeks to unlock greater value from Nigeria’s offshore oil resources.
The firm invested $25 million in the drilling program and development initiatives at the field between 2014 and 2022, officially securing a 100% stake in PPL 259 following the implementation of Nigeria’s Petroleum Industry Act in 2021.
The production milestone underscores the instrumental role indigenous operators play in Nigeria, with future drilling activities set to further consolidate Petralon’s position in the country’s upstream sector.
The AEC also disclosed that Petralon is a Platinum Partner of the African Energy Week (AEW): Invest in African Energies conference, taking place September 29 to October 3, 2025, in Cape Town.
Beyond PPL 259 and the Dawes Island field, Petralon is pursuing non-operated interests in Oil Mining License (OML) 127 and OML 130, seeking to unlock new resources and enhance revenue generation.
The company owns a stake in Prime Oil & Gas, which holds an 8 per cent interest in OML 127 and a 16 per cent stake in OML 130.
OML 127 features the Agbami field while OML 130 contains the Akpo, Egina and Preowei fields. Net production from the producing Akpo, Egina and Preowei fields averages 51,000 barrels per day. Both asses are situated in the deep offshore, showcasing gross 2P reserves of 270 million barrels and 638 million barrels, respectively.
Meanwhile, Petralon has also been strengthening its ownership stakes across the African upstream industry. The company holds an indirect equity interest in Prime Oil and Gas, which recently finalized its merger with Africa Oil Corp. Petralon has also emerged with a 4.24 per cent stake in the expanded entity. The transaction aligns with Petralon’s broader intentions to strengthen its presence in Africa.
The newly-expanded entity now operates a strong portfolio that includes deepwater assets in Nigeria alongside ventures in Namibia, South Africa and Equatorial Guinea. With the merger, the expanded entity benefits from a strengthened balance sheet as well as new opportunities for regional growth.
By Adedapo Adesanya
The former governor of Oyo State, Mr Rashidi Adewolu Ladoja, is in line to become the new Olubadan of Ibadanland following the death of the 43rd Olubadan, Oba Owolabi Olakulehin.
It was reported earlier that the former occupier of the throne, Oba Olakulehin, 90, joined his ancestors in the early hours of Monday, July 7, 2025, close to a year after becoming the traditional ruler of the ancient Nigerian city.
The late monarch, who was appointed by Governor Seyi Makinde in July 2024, replaced Oba Moshood Lekan Balogun, also known as Alli Okunmade II, who died in March 2024 following a brief illness.
According to tradition, the Olubadan throne alternates between two ruling lines: Egbe Agba (civil) and Balogun (military).
With the late Olakulehin ascending from the Balogun line, the next monarch is expected from the Egbe Agba line, where Mr Ladoja is currently the most senior High Chief.
Mr Ladoja, a former senator and governor of Oyo State between 2003 and 2007, has steadily climbed the traditional ladder over the years.
In September 2024, Mr Ladoja celebrated his 80th birthday, and in August 2024, he was crowned the Otun Olubadan of Ibadanland.
This put an end to the controversy over his acceptance of the chieftaincy title.
With his exit from the role to become Olubadan, Mr Eddy Oyewole, will become the new Otun Olubadan of Ibadanland, the highest ranked chief in the line.
Meanwhile, Mr Akin Alabi, a lawmaker and entrepreneur, will move from Jagun Olubadan (the entry point in the civil line) to Ajia Olubadan of Ibadanland.
The Association of Advertising Agencies of Nigeria (AAAN) will convene its flagship 52nd Annual General Meeting and Congress from July 17–19 at JAGZ Hotel, Ibadan. This year’s theme, “Charting Bold Paths Forward,” reflects the industry’s shared commitment to embracing innovation, resilience, and transformative leadership in a rapidly changing environment.
The three-day gathering will feature a compelling blend of cultural heritage, strategic dialogue, and professional celebration. The first day will see delegates pay a courtesy visit to Otun Olubadan of Ibadanland, Senator Rasheed Ladoja, a tradition that echoes AAAN’s longstanding respect for host communities and cultural roots.
The official conference will begin on July 18 and will be declared open by Governor Seyi Makinde of Oyo State. He is expected to be joined by dignitaries, including the Minister of Information and National Orientation, Alhaji Mohammed Idris Malagi, and the Minister of Art, Culture, and the Creative Economy, Hannatu Musa Musawa, alongside the Director-General of the Advertising Regulatory Council of Nigeria (ARCON), Dr. Lekan Fadolapo, setting the tone for high-level discourse and coordination.
A centrepiece of the day will be the keynote address from Dr. Cherry Eromosele, Executive Vice President & Group Chief Marketing and Communications Officer at Interswitch Group, followed by a panel discussion chaired by Dr. Tayo Oyedeji, Group CEO of Insight Publicis Group Nigeria.
Confirmed panel speakers include Josiah Akinola of Nigerian Breweries PLC; Bolanle Osotule of Airtel Nigeria; George Onukwu of TBWA\Concept; Oluwatobi Williams of 7even Interactive; and Adedamola Richard‑Salvador of Digisplash Limited
AAAN President Mr. Lanre Adisa noted that this year’s theme is indicative of the AAAN’s readiness to be courageous in embracing innovation and vision.
“This is not the time to tiptoe around the future. Boldness is not a buzzword but the only language the future understands. In a landscape defined by constant change, boldness is not a gamble but a strategic imperative. Those who will lead tomorrow are those willing to question today,” said Adisa.
The final day of the event shifts focus to governance and celebration and will have two segments: Business Session and Gala/Award Night. The highlights of the former include leadership updates and the induction of new members. The latter will see deserving advertising professionals recognized and rewarded while dressed in aso oke regalia.
Founded in 1973, AAAN is Nigeria’s oldest and most influential collective of advertising agencies. Its annual AGM is a pivotal industry tradition, one that consolidates strategic progress, regulatory alignment, cross-sector collaboration, and storytelling that positions the Nigerian advertising industry on a bold, credible future trajectory.
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