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Discos Lose N2.5bn to One-Day Strike by NUEE

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NUEE protest at Ikeja Electric

By Adedapo Adesanya

The one-day industrial action carried out by members of the National Union of Electricity Employees (NUEE), which led to the shutdown of businesses on Thursday, August 18, 2022, has caused the 11 electricity distribution companies (DisCos) in Nigeria to lose about N2.5billion in revenue.

The electricity workers, during the one-day strike, shut down the engines of the Transmission Company of Nigeria (TCN) and with the national grid down, the nation was in darkness.

The Executive Director of Research and Advocacy at the transmission company, Mr Sunday Oduntan, expressed worries that the action may weaken investors’ confidence and interest in the country’s power sector.

He said if the industrial action, which lasted less than a day, had persisted for one week, it would have been capable of bringing the entire power sector value chain to a total collapse.

Mr Oduntan said the FG’s failure to address some of the concerns of the union, which NUEE said it had raised and notified them of the same since May this year, led to the strike.

He said there is a misalignment in the power sector value chain and challenged the federal government to ensure that the nation does not experience such as well as look into the privatisation of the TCN like was done for distribution companies (Discos) and generation companies (Gencos).

He maintained that the transmission arm of the power sector value chain is the most problematic, advising the government to let go of it and allow private operators to come in to run it in an efficient and effective manner.

He also disclosed that under the current structure, the TCN is not capable of wheeling out the total quantum of electricity generated by the GenCos because it lacks the capacity to do so.

On cost reflective tariff, he said the players in the sector cannot pretend not to know that all is not well because the tariff as presently in operation is not capable of meeting the demands in the sector, adding that this was responsible for underinvestment in the industry.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Court Acquits Abba Kyari of 23-Count Asset Declaration Charge

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Abba Kyari created

By Adedapo Adesanya

Justice James Omotosho of the Federal High Court in Abuja has discharged and acquitted the suspended Deputy Commissioner of Police Abba Kyari of a 23-count charge of alleged non-declaration of assets filed against him by the National Drug Law Enforcement Agency (NDLEA).

Mr Kyari is being charged alongside his two brothers, who were accused of swearing to false affidavits to conceal the origin of some properties.

The court in its judgment held that the NDLEA failed to provide sufficient evidence to prove its case against the defendants, which is mostly the non-declaration of land properties.

Justice Omotosho noted that proving ownership of landed properties can be done through traditional history, title, acts of possession and possession by connection.

The prosecution did not provide any of these documents to show that the said properties located in Fountain Estate, Kasana, which belong to Ramatu Kyari, are truly owned by the police officer.

Also, the court held that the prosecution did not provide the same material evidence linking Mr Kyari to properties in Linda Choko Road, Asokoro and also Maiduguri in Borno State.

Mr Kyari, in his defense said the properties in Borno belonged to his father, which he left for him and his siblings.

It was judged that the prosecution did not prove otherwise, adding that the prosecution charged Mr Kyari’s brothers in bad faith for alleged conspiracy, which they failed to prove.

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NCC Arraigns Netnaija’s Emma Analike Over Alleged Copyright Infringement

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netnaija

By Modupe Gbadeyanka

The chief executive of Netnaija Media Enterprises, Mr Emmanuel Analike, has been arraigned before a Federal High Court sitting in Abuja by the Nigerian Copyright Commission (NCC).

The suspect appeared before Justice Suleiman Liman on Wednesday over allegations bordering on copyright infringement.

He was accused by the NCC of using his online platform to make movies and others not belonging to him available for users to download on the internet.

According to the agency, Mr Analike has infringed copies of audio-visual materials distributed online via his website for online users. Netnaija is an online movie and music download site.

The prosecution counsel, Ms Gladys Isaac-Ojo, who works with the NCC, told the court that the defendant committed an offence contrary to and punishable under Section 44 (1) (a) of the Copyright Act, 2022.

However, Mr Analike pleaded not guilty to the charges preferred against him, prompting his counsel, Nnemeka Ejiofor, seek his bail.

The lawyer informed the court that the application was filed on Monday and supported by 23 paragraphs of affidavits and a written address.

But the judge refused to give a bench ruling and adjourned the ruling of the bail application to Monday, March 9, 2026, ordering the remand of the Netnaija chief in Kuje Correctional Centre.

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Entries Open for ClimateLaunchpad Green Business Ideas Competition

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ClimateLaunchpad

By Modupe Gbadeyanka

Entries for the 2026 edition of the world’s largest green business ideas competition, ClimateLaunchpad, have opened.

In 2025, the programme, organised by Climate KIC, received over 2,700 applications from 40 countries. The winning ventures gain prize money, investor connections, and access to a global cleantech network.

This year’s edition is expected to be bigger and better, with climate innovators, green venture builders, and entrepreneurs from around the world given the opportunity to apply.

Since its inception in 2014, the programme has supported nearly 5,000 ideas across 97 countries, and this year, it is expanding its presence in Asia with Singapore hosting both the regional final and global grand final for the first time.

Participants move through several stages, including an initial mini-course to refine the concept, an intensive multi-day Boot Camp led by expert trainers, targeted coaching to perfect value propositions and investor pitches, national and regional finals, and a place at the global grand final, with prizes and access to a global climate network.

“Strengthening ClimateLaunchpad’s presence in Asia marks a profound new chapter for this programme and for the climate innovation movement more broadly. Asia is where so much of the world’s climate and nature future will be shaped, through business leadership, public-private partnerships and long-term strategic thinking,” the chief executive of Climate KIC, Kirsten Dunlop, stated.

“We look forward to supporting this momentum with new business ideas and innovation ecosystem collaborations across more than a dozen countries.

“This expansion opens space for deeper cross-cultural connections and for first-time founders to turn sparks of imagination into solutions that serve both people and planet,” Dunlop added.

Also commenting, the chief executive of Better Earth Ventures, Ms Rebecca Sharpe, said, “We are proud to host ClimateLaunchpad’s regional and global grand final in Singapore and to convene an international group of climate entrepreneurs from more than 50 countries.

“Climate solutions are emerging from every corner of the world, and bringing them together creates the kind of cross-border exchange and collaboration this moment demands. Our focus is to ensure early-stage founders have the structure, ecosystem access and support needed to move from idea to credible impact.”

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