General
Nigerians Must Prepare for Another Electricity Tariff Hike—FG
By Modupe Gbadeyanka
The Minister of Power, Mr Adebayo Adelabu, has advised Nigerians and electricity consumers in the country to brace up for another hike in tariff because the federal government is not buoyant enough to continue to bear the cost of subsidy on electricity.
Speaking at a meeting with the Chairmen of the Generating Companies of Nigeria (GenCos) in Abuja, Mr Adelabu said consumers will soon begin to pay cost-reflective tariffs.
At the moment, customers on Band B to E enjoyed subsidised electricity tariffs and pay between N68 per kilowatt per hour and 34 per kilowatt per hour (VAT inclusive), while those on Band A, who consume power for at least 20 hours per day, pay about N225 per kilowatt per hour (VAT inclusive).
At the meeting with the GenCos, the Minister hinted that consumers on Band B downward may have to pay more, which could match the Band A tariff.
“We have to understand that our economy cannot sustain subsidies indefinitely,” Mr Adelabu informed the chairmen without giving a specific time when a new rate will be announced.
During the meeting, the chairman of Egbin Power, Mr Kola Adesina, tasked the government to declare a state of emergency in the power sector, noting that the N4 trillion owed GenCos by the federal government remains a critical threat to their operations.
“This is a national emergency. Everything hinges on power—industries, homes, hospitals. We cannot afford to let the sector fail,” he stressed.
Also, the chairman of Mainstream Energy Solutions, Mr Sani Bello, warned that “without urgent intervention, the entire power ecosystem could collapse.”
In the same vein, the chief executive of the Association of Power Generating Companies (GenCos), Ms Joy Ogaji, said, “GenCos have borne unsustainable risks—from grid failures to unproductive taxes—while remaining patriotic.”
General
Governors Reaffirm Support For State Police, Electricity Reforms
By Adedapo Adesanya
State governors have restated their commitment to the establishment of state police and reforms in the electricity sector.
The agreement was reached in a communiqué issued at the end of the 2nd meeting of the Nigerian Governors’ Forum on Wednesday.
During the meeting, the governors deliberated issues affecting the country, noting a dedicated consultation with the Attorneys-General to review the proposed constitutional amendments and frameworks for their decision.
“Governors emphasised the need for the State Police to be constitutionally sound and aligned with federalism and citizens’ rights.
“The Forum noted the collaborative effort and added that the consultation outcomes would strengthen the States’ collective position”, the statement said in part.
The group also received a presentation from the Federal Ministry of Budget and Economic Planning on progress under the National Nutrition 774 (N-774) Initiative.
It reaffirmed the governors’ commitment to improving nutrition outcomes and reducing child malnutrition across Nigeria.
According to the statement, the governors noted the ongoing work on the National Nutrition Bill and encouraged continued engagement with relevant stakeholders to strengthen the legal and policy framework for nutrition governance.
The forum also received a briefing from the World Bank Country Office on the proposed Country Partnership Framework (CPF) for Nigeria covering the period FY2026–2032; the proposed Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) Programme, a results-based initiative designed to improve agricultural productivity, strengthen value chains, increase private sector participation, enhance food security, and Early Childhood Development (ECD).
The forum supported ongoing collaboration with the Federal Government, the World Bank, and other stakeholders to ensure successful implementation and deliver benefits to participating states.
They approved state-specific interventions and stressed the importance of better coordination across sectors like health, nutrition, education, water and sanitation, social protection, and family support.
On the National Solar Super-Grid (NSSG) Initiative, a proposal to expand electricity access through large-scale decentralised solar generation integrated with a national high-voltage transmission network, it noted the initiative’s potential to support industrialisation, improve energy security, strengthen state electricity markets, and accelerate economic growth.
The governors reiterated their commitment to ongoing power sector reforms and to strengthening collaboration among stakeholders to expand access to reliable and affordable electricity for Nigerians.
General
London Jury Clears Diezani Alison-Madueke of Bribery Charges
By Adedapo Adesanya
Former Nigerian Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, was on Wednesday found not guilty by a London jury of six bribery charges, after five months of trial.
Mrs Alison-Madueke, an oil minister between 2010 and 2015 under then-president Goodluck Jonathan, stood trial charged with five counts of accepting bribes and a charge of conspiracy to commit bribery, which she denied.
Prosecutors alleged that the 65-year-old Mrs Alison-Madueke was given “a life of luxury” in London from oil and gas industry figures seeking lucrative contracts in Nigeria, which has long grappled with mismanagement and corruption.
The jury deliberated for more than 46 hours before reaching its verdict.
Mrs Alison-Madueke was charged by the UK’s National Crime Agency in 2023 over allegations she took £100,000 in cash as well as accepting flights on private jets, chauffeur-driven cars and luxury goods from Louis Vuitton and Harrods.
Other counts allege she received school fees for her son, products from high-end shops such as London’s Harrods department store and Louis Vuitton, and further private jet flights.
Mrs Alison-Madueke has been involved in numerous legal cases globally, including in the United States.
She has been on bail in Britain since she was arrested in October 2015.
In 2023, she was formally charged with accepting bribes, which she has denied.
Mrs Alison-Madueke stood trial alongside oil industry executive, Mrs Olatimbo Ayinde, 54, who was charged with one count of bribery relating to Alison-Madueke and a separate count of bribery of a foreign public official.
Also, her elder brother, Mr Doye Agama, 69, was charged with conspiracy to commit bribery with his sister relating to payments made to his church.
Both Mrs Ayinde and Mr Agama denied the charges against them and were also acquitted by the jury.
General
Senate Committee Clears Customs of Unremitted N62.2bn Allegations
By Adedapo Adesanya
The Senate Committee on Public Accounts has cleared the Nigeria Customs Service (NCS) of allegations that it failed to remit N62.2 billion into the Federation Account, as contained in the 2019 Audit Report of the Office of the Auditor-General of the Federation.
The committee reached the decision on Tuesday during an investigative session with the Comptroller-General of Customs, Mr Adewale Adeniyi, over 77 audit queries raised against the agency in the 2019 and 2020 audit reports.
The committee, however, resolved to establish an ad hoc reconciliation panel to review the remaining 76 audit queries and report for further consideration.
At the hearing, representatives of the Auditor-General’s office informed lawmakers that while the Customs Service generated more than N691 billion in revenue in 2017, only about N629 billion was remitted to the Federation Account, leaving an outstanding balance of N62.2 billion.
Responding, the Customs CG explained that the amount in question consisted of levies collected on behalf of other government agencies and was therefore not meant for remittance into the Federation Account.
According to him, the figure was wrongly classified as under-remittance in the audit report.
Mr Adeniyi stated that while some levies collected by Customs are paid into the Federation Account, others, including certain levies on local production of wheat, textiles and wines, are designated for separate accounts.
He maintained that the disputed N62.2 billion fell into that category and should not have been recorded as unremitted revenue.
The Customs boss also provided explanations on the second and third audit queries, which members of the committee described as satisfactory.
Some lawmakers questioned why the issues had progressed to a Senate investigation, arguing that they should have been resolved during routine reconciliation between Customs officials and auditors.
In his response, Mr Adeniyi noted that the audit years under review coincided with a period of strained relations between the National Assembly and the Customs Service.
The reconciliation committee is expected to work with Customs officials and auditors to resolve discrepancies in the remaining audit queries before further legislative action is taken.
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