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I Won’t Govern Rivers Like Wike—West Assures Electorates

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By Dipo Olowookere

Governorship aspirant under the aegis of the Peoples’ Democratic Party (PDP), Mr Soalabo West, has assured the people of Rivers State that his approach to governance will be totally different from the style of the incumbent Governor, Mr Nyesom Wike.

The aspiring Governor gave this assurance during a radio show on Nigeria Info 92.3 FM.

According to the politician, “My style of governance will surely be different from that of Governor Wike. I am a social democrat; therefore, I will be guided by the principles of equity, justice and fairness. All 23 local government areas will benefit from government projects.”

He lamented that, “It is not proper to concentrate government projects in Port Harcourt, Obio-Akpor and Ikwerre local government areas. There are 23 local government areas in the state. Each local government is as important as any other local government.”

Mr West, a lawyer just like the incumbent Governor, further stated that, “To inspire rapid industrialisation and create employment, each local government or old district headquarters will have an industrial park that will better harness its domestic potential. Locating industries in rural communities will checkmate urban migration and reduce crime and criminality.”

He stated that he was challenging Governor Wike for the governorship ticket of the PDP because for 20 years, all successive governors in Rivers State have come from the upland area of the state.

“Former Governor Peter Odili from Andoni served for eight years. Former Governors Celestine Omehia and Chibuike Rotimi Amaechi from Ikwerre jointly served for another eight years. Incumbent Governor Nyesom Wike, also from Ikwerre, has served for four years. In all, governors from the upland have collectively served for 20 unbroken years.”

Mr West bemoaned that, “Some people have asked me why don’t I wait until 2023 to pursue my governorship ambition. In 2023, the upland would have produced governors of the state for 24 successive years. I doubt if anyone born in 1999 will understand what the upland/riverine dichotomy means.”

He explained that, “Yes, I am Soalabo West from Buguma in Asari-Toru local government area. It is because I am from Buguma in Asari-Toru local government area that I am an indigene of Rivers State. Therefore, I know how far governance is from the riverine communities in Rivers State.”

“Land mass is a pervasive problem in the riverine communities. The state government needs to engage in a massive dredging and land reclamation project in the riverine communities. The state government in partnership with the federal government needs to clean up our polluted waterways; Rivers; creeks; swamps; lakes and ponds,” he added.

Mr West emphasised that, “After the clean-up, government needs to put millions of fishes into the waterways; Rivers; creeks; swamps; lakes and ponds to develop a new colony of fishes so that fishing can become a profitable venture as it was about 30 years ago. We need a government that can turn around the economic fortunes of the people of the riverine communities.”

In another event where he launched his campaign website, www.soalabowest.org, Mr West further stated that: “I have been a member of the PDP for over 10 years. I am a loyal member of the party. The PDP supports the principle of rotation. I strongly believe that we should give someone from the riverine after 20 years of power residing in the upland to govern the state with a different style; ideals; model and methodology.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Lagos Consumes 30% of Total Power Off-Take in Nigeria—TCN

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TCN EKEDC Total Power Off-Take in Nigeria

By Aduragbemi Omiyale

The General Manager in charge of Transmission for Lagos Region of the Transmission Company of Nigeria (TCN), Mr Adeshina Adeonipekun, has stressed the critical role of Lagos in the national grid.

While receiving the chief executive of Eko Electricity Distribution Company (EKEDC), Ms Wola Joseph Condotti, at his office on Monday, he said the Lagos region accounts for about 30 per cent of total power off-take in Nigeria.

He stated that TCN was implementing strategic expansion and project upgrades aimed at enhancing grid stability and operational efficiency in response to rising demand.

Mr Adeonipekun highlighted recent key milestones achieved in the region, including the commissioning of a 100MVA power transformer at the Ijora 132/33kV Transmission Substation, a 300MVA transformer at the Lekki 330/132kV Transmission Substation, and a 125MVA unit at the Agbara 132/33kV Substation, among others.

According to him, these additions have further increased the region’s installed capacity to 5,470MVA on the 132/33kV network and 4,110MVA on the 330/132kV network.

He further said that there were several ongoing rehabilitations at key substations within the region, including Amuwo GIS, Akoka 132/33kV, and Itire 132/33kV Transmission Substations, all geared towards further improving reliability, reducing system constraints, and enhancing the overall efficiency of power delivery.

In her remarks, Ms Condotti expressed appreciation for TCN’s continued partnership and support, underscoring the importance of sustained collaboration between transmission and distribution companies in building a more stable and efficient electricity transmission and supply network.

Both parties explored ways to strengthen collaboration and ensure a more stable and efficient power supply in Lagos, the nation’s commercial hub.

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Anambra to Regain Economic Strength After End to Sit-at-Home—Soludo

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By Adedapo Adesanya

The Governor of Anambra, Mr Chukwuma Soludo, says the years-long sit-at-home is now a thing of the past in the state as it will bring back lost economic viability to the South East state.

The governor spoke on Tuesday during his inauguration for a second term as the leader of the state, noting that security has improved in Anambra.

“The debilitating one-sit-at-home is over, and our schools, markets, businesses, and public servants are back to work. Reports say that ours is now the safest, or at least one of the safest states in Nigeria,” Mr Soludo said.

The second inauguration of the former governor of the Central Bank of Nigeria (CBN) witnessed eminent Nigerians, including ex-presidents Mr Goodluck Jonathan and Mr Olusegun Obasanjo, as well as the Vice President, Mr Kashim Shettima, among others.

“I’m sure many of you flew into Anambra yesterday, being Monday. Previously, it was not possible,” he said at the Alex Ekwueme Square in Awka, the state capital.

Primarily associated with the Indigenous People of Biafra (IPOB), a separatist group advocating for an independent Biafran state, the sit-at-home saw millions of South-East residents remain indoors, shut their businesses, and stay off the roads on Mondays. Initially, it was declared as a weekly protest (especially on Mondays) to demand the release of IPOB leader, Mr Nnamdi Kanu, in 2021 by the Federal Government and draw attention to the separatist cause.

The cause had significant socio-economic consequences in the South-East states like Abia, Anambra, Ebonyi, Enugu, and Imo.

However, Mr Soludo referenced several milestones, including the destruction of criminal camps and the “mass return” of Anambra indigenes during the Yuletide, as evidence of improving security in the state.

“Some 62 criminal camps have been dismantled, and 8 local governments previously under total siege have been liberated,” the governor said.

“Anambra had its best Christmas season in decades last December with a mass return and over 10,000 visitors per day to the Solution City every day until the 10th of January.”

Part of the measures to address insecurity in Anambra was the Homeland Security Law 2025, a measure the governor said contributed to the reduction in criminality.

The Independent National Electoral Commission (INEC) declared Mr Soludo as the winner of the November 8, 2025, governorship election in Anambra State. The APGA candidate polled a total of 422,664 votes, defeating his closest rival, the candidate of the All Progressives Congress, Mr Nicholas Ukachukwu, who scored 99,445 votes, while the candidate of the Young Progressives Party, Mr Paul Chukwuma, came third with 37,753 votes.

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Don’t Pay Any Agent, Official for SCUML Registration—EFCC

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Pay for SCUML Registration

By Aduragbemi Omiyale

The Economic and Financial Crimes Commission (EFCC) has cautioned members of the public against making any payment for Special Control Unit Against Money Laundering (SCUML) certificate registration, stressing that it is free.

During a live radio programme on Enugu State Broadcasting Service, the Head of SCUML Department in Enugu Zonal Directorate of the EFCC, Mr Promise Oluigbo, said obtaining the certificate is now seamless.

According to him, with the introduction of electronic certification, which has improved efficiency and eliminated the risk of fake certificates, over 480,000 entities have been registered nationwide.

He warned members of the public against engaging agents who charge fees for SCUML registration, stressing that the commission does not authorise third-party registrations.

“The EFCC frowns at any individual or group collecting money from businesses under the guise of facilitating SCUML registration. The process is seamless and free of charge,” Mr Oluigbo declared.

He charged operators of Designated Non-Financial Businesses and Professions (DNFBPs) in the South-East to comply with mandatory SCUML registration to combat money laundering, terrorism financing, proliferation of weapons of mass destruction, safeguard businesses and strengthen the integrity of Nigeria’s financial system.

“DNFBPs are categories of businesses identified under Section 30 of the Money Laundering Act and include sectors such as automobile dealerships, real estate businesses, construction firms, hospitality services, supermarkets, legal practitioners, consultants, and non-profit organisations.

“As a regulatory body responsible for overseeing the activities of these businesses to curb money laundering and financing of terrorism, it’s important I say it here that the registration process is completely free.

“Business owners do not need to engage any third party. All they need to do is visit the SCUML portal and complete the registration process,” he said.

While emphasizing on the need for businesses to register and collect the certificate, he urged them to ensue adherence to statutory requirements such as Know Your Customer (KYC) procedures, customer due diligence, record keeping and reporting of suspicious transactions, adding that failure to comply constitutes a violation of the law and may attract fines, imprisonment or other regulatory sanctions as stipulated under the Act.

“The objective of the SCUML framework is not to stifle businesses but to protect the financial system and ensure transparency in commercial activities. It is designed to safeguard businesses and strengthen the integrity of Nigeria’s financial system,” he said.

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