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Rivers to go After Amaechi, Tonye Cole Over Gas Turbines Sales

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Thisday award Amaechi

By Adedapo Adesanya

The Rivers State Government has revealed that the former Minister of Transport, Mr Chibuike Amaechi; the governorship candidate of the All Progressives Congress (APC) in the state, Mr Tonye Cole of Sahara Energy Ltd, and others may stand trial over alleged fraudulent sale of four gas turbines, other valued state assets and diversion of state funds worth N96 billion.

Governor Nyesom Wike said that leaders of the state will meet to decide on whether to commence criminal prosecution of the former Minister of Transport and a presidential aspirant of the APC and others.

This is coming after the Supreme Court recently dismissed the former Minister’s appeal to stop the investigation into the activities of his administration as governor of Rivers State between 2007 and 2015.

The Governor during a media parley said the Supreme Court dismissal of Mr Amaechi’s appeal has vindicated the Rivers State government, stating that on his assumption of office in 2015, the state government set up a judicial panel of inquiry to investigate the activities of the former Rivers State governor’s administration.

“The judicial panel was mandated to investigate the sale of the 150 Megawatts gas turbine in Omoku, Afam 360 MW Gas Turbine, Trans-Amadi 136 MW Gas Turbine and the 75 MW Gas turbine in Eleme; Monorail Project; the sale of Olympia hotel; and non-execution of the contract for the construction of Justice Karibi-Whyte hospital after the Amaechi administration paid $39.2m to the contractor,” he said.

Governor Wike added that the judicial panel at the end of its investigation submitted its report and recommendations to the State government. According to him, this necessitated the State Government to come up with a White Paper Report.

“So many people were indicted by that report and so we didn’t go to court to file charges against those that were indicted because some people went to court, particularly, the former governor, Rotimi Amaechi. And as those who obey the rule of law and have respect for the court, we said we will not take any step further until the court decides.

“At the State High court, the Rivers State Government won. The former governor went to the Court of Appeal, the Rivers State Government won. And then he appealed to the Supreme Court to set aside the recommendations of the Judicial Panel of Inquiry and the White Paper of the government.

“To the glory of God, the Supreme Court unanimously dismissed his appeal against the judicial panel of the inquiry report and the government White Paper Report,” the Governor stated.

Mr Wike said the state government has been justified by the Supreme Court judgment because those indicted by the Judicial Panel of Inquiry were given the opportunity to defend themselves, but some of them chose not to appear before the panel.

“If you see that report, as a Rivers man you will cry. Nobody who loves Rivers State will see that report and will not cry. Now that the Supreme Court has come up with its judgment, the leaders of the State will decide what next step to take. It is not for only me. Yes, I am a governor, I can’t do it alone. If the leaders of the State say we must prosecute them, I have no choice.”

“The money that was collected by Sahara Energy and Tonye Cole, it is for the leaders of the State to say should we go ahead and file charges against Rotimi Amaechi and his cohorts, or should we allow it to be. It is for the State elders. The State elders will meet and agree on what next to do. But the point is, let the world know that nobody who will see that report and not be angry,” he disclosed.

The Rivers State governor narrated how the sum of $50 million was diverted from the State account and paid to Sahara Energy for inexplicable reasons. According to him, there is no evidence of any transaction indicating that the State is indebted to the company.

“What did Sahara Energy do for us? What is the transaction that we paid $50 Million for? You said Sahara Energy bought our gas turbines, if they bought our gas turbines, why are we paying them $50million? Did we borrow money from them and where is the agreement to show we borrowed money from them? Nothing.

“People will come out and begin to sing we are innocent. I thank God we have been vindicated. We did the right thing. It is for the Rivers people to decide the next line of action. If they decide today that they will file criminal charges, I have no choice than to direct the Ministry of Justice to file charges against Rotimi Amaechi, Sahara Energy, and Tonye Cole,” he quipped.

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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NISO Attributes Electricity Woes to Inadequate Gas Supply

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Electricity Tariff Hike

By Adedapo Adesanya

The Nigerian Independent System Operator (NISO) has attributed the poor power supply facing a considerable number of Nigerians to inadequate gas supply to thermal power plants.

Business Post reports that epileptic power supply has plagued consumers in Lagos, Oyo, Abuja, and Osun, among others, this month, leading to worries. Also, some businesses have recorded losses due to the epileptic power supply in their areas.

In a statement posted on its X handle, NISO disclosed that average available generation on the national grid currently stands at about 4,300 megawatts (MW), with the low output primarily attributed to gas supply constraints.

The system operator noted that thermal power plants, which account for the dominant share of Nigeria’s electricity generation mix, require an estimated 1,629.75 million standard cubic feet (MMSCF) of gas per day to operate at optimal capacity. However, as of February 23, 2026, actual gas supply to the plants was approximately 692.00 MMSCF per day.

The available supply represents less than 43 per cent of the daily gas requirement, resulting in constrained generation output and reduced electricity allocation to Distribution Companies (DisCos).

NISO, which independently manages the nation’s electricity grid, explained that any disruption or limitation in gas supply directly affects available generation capacity and overall grid output, given the heavy reliance on thermal plants.

It added that when total system generation drops significantly, the operator is compelled to implement load shedding across the network while dispatching available energy in line with allocation percentages approved under the Multi-Year Tariff Order (MYTO) framework of the Nigerian Electricity Regulatory Commission (NERC), to maintain grid stability and prevent system disturbances.

While expressing regret over the inconvenience to electricity consumers and market participants, NISO said it is working closely with relevant stakeholders to restore full energy allocation once gas supply improves and generation capacity returns to normal levels.

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EFCC Re-Arraigns ex-AGF Malami, Wife, Son Over Alleged Money Laundering

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re-arraign ex agf malami.jpg

By Adedapo Adesanya

The Economic and Financial Crimes Commission (EFCC) has re-arraigned former Attorney-General of the Federation (AGF), Mr Abubakar Malami (SAN), his wife, Mrs Asabe Bashir, and son, Mr Abdulaziz Malami, on money laundering charges.

They were brought before Justice Joyce Abdulmalik of the Federal High Court in Abuja, following the re-assignment of the case to the new trial judge.

Upon resumed hearing, EFCC’s lawyer, Mr Jibrin Okutepa (SAN), informed the court that the matter was scheduled for defendants’ re-arraignment.

“The matter is coming before your lordship this morning for the very first time. I will be applying for the plea of the defendants to be taken,” he said.

Mr Okutepa equally applied that the sums listed in Counts 11 and 12 be corrected to read N325 million instead of N325 billion for Count 11, and N120 million instead of N120 billion for Count 12.

When it was not opposed by the defence lawyer, Mr Joseph Daudu (SAN), Justice Abdulmalik granted the oral application by Mr Okutepa.

The defendants, however, pleaded not guilty to the 16 counts preferred against them by the anti-graft agency bordering on money laundering.

Justice Obiora Egwuatu had, on February 12, withdrawn from the case shortly after the civil case filed by the EFCC was brought to him.

The case was formerly before Justice Emeka Nwite, who sat as a vacation judge during the Christmas/New Year break.

After the vacation period, the CJ reassigned the cases to Justice Egwuatu, who had now recused himself, before it was reassigned to Justice Abdulmalik.

The former AGF, his wife, and son were earlier arraigned before Justice Nwite on December 30, 2025.

While Malami and his son were remanded at Kuje Correctional Centre, Asabe was remanded at Suleja Correctional Centre before they were admitted to N500 million bail each, on January 7, with two sureties each in the like sum.

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INEC Shifts 2027 Presidential, N’Assembly Elections to January 16

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INEC

By Adedapo Adesanya

Nigeria will hold next year’s presidential and National Assembly elections a month earlier than planned, after the Independent National Electoral Commission (INEC) revised the polling schedule.

The elections will be held on January 16, instead of the previously announced date of February 20, INEC said in an X post, signed by Mr Mohammed Kudu Haruna, National Commissioner and Chairman, Information and Voter Education Committee.

There were also changes to the Governorship and State Houses of Assembly elections initially fixed for Saturday, March 6 2027, in line with the Electoral Act, 2022, have now been moved to Saturday, February 6, 2027.

The electoral commission said the changes were caused by the enactment of the Electoral Act, 2026 and the repeal of the Electoral Act, 2022, which introduced adjustments to statutory timelines governing pre-election and electoral activities.

“The Commission reviewed and realigned the schedule to ensure compliance with the new legal framework,” it said.

INEC said party primaries (including resolution of disputes) will commence on April 23, 2026 and end on May 30, 2026, after which Presidential and National Assembly campaigns will begin on August 19, 2026, while Governorship and State Houses of Assembly campaigns will begin on September 9, 2026.

It noted that campaigns will end 24 hours before Election Day, and political parties have been advised to strictly adhere to the timelines.

INEC also stated it will enforce compliance with the law.

The electoral body also rescheduled the Osun Governorship election which was earlier scheduled for Saturday, August 8 2026, by a week to Saturday, August 15, 2026.

INEC noted that some activities regarding the Ekiti and Osun governorship elections have already been conducted, and the remaining activities will be implemented in accordance with the Electoral Act, 2026.

Speaking at a news briefing in Abuja two weeks ago, the chairman of INEC, Mr Joash Amupitan, expressed the readiness of the commission to conduct the polls next year.

The timetable issued by the organisation for the polls at the time came when the federal parliament had yet to transmit the amended electoral bill to President Bola Tinubu for assent.

Later that week, the Senate passed the electoral bill, reducing the notice of elections from 360 days to 180 days, while the transmission of results was mandated with a proviso.

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