General
What Sapele Must do to Enjoy Steady Electricity—Igbuya
By Dipo Olowookere
Speaker of the Delta State House of Assembly, Mr Monday Igbuya, has highlighted steps that must be taken to enjoy steady power supply.
Mr Igbuya said this during a radio programme in Oghara, Delta State, on Thursday.
He also urged management of Benin Electricity Distribution Company (BEDC) to work towards providing uninterrupted power supply to residents of Sapele.
The lawmaker expressed concerns over the epileptic power supply in the town, lashing out at those he said constituted themselves into cogs in the wheel of progress in Sapele.
Mr Igbuya stressed that the problem of inadequate power supply to residents of Sapele has continued to be a source of worry to him.
“For Sapele to have steady electricity, the emphasis should not be on individuals who are not key players in the power sector, who did or did nothing but asking the service provider to sit up and calling on the federal government to further liberalize the sector to bring in new competitors, as it is in the telecommunication industry. Once that is done, consumers will then be at liberty to choose their service providers. Energies should be channelled in this direction,” the Speaker opined.
“I have done my best to leave worthwhile achievements behind in all my public endeavours. As council chairman, I observed then that Sapele was and is still known for its timber business.
“Of course you know the famous Africa Timber and Plywood and a cluster of Saw Mills, which was the economic main stay of the town. Electricity was a major problem to the saw millers and they were losing patronage. I am not a saw miller but I took it as a challenge, knowing the adverse economic effect of the perennial power outage,” Mr Igbuya said on the show.
Driven by an abiding concern for the well-being of the good people of Sapele, the Speaker said he marched in the streets.
“Sapele then was using 6.6 transformer while other areas were already on 11.5. I led the protest and that was what led to the changing of the 6.6 to 11.5 transformers. I also led the protest which gave rise to the step down in Amukpe.
“I did all of that and I was arrested by the Federal Government for leading a protest and kept in Abuja. It was Chief James Ibori who secured my release from the Directorate of State Security Service. He supported us and we got the contract awarded. That is what is in Amukpe today,” he added.
Using the opportunity to point out certain aspects of electricity agreements in Sapele, Mr Igbuya said those who signed the Ogorode Power Station agreement didn’t take into cognizance the need to step down the power for everybody.
“NEPA Estate, Sapele is enjoying electricity from the Ogorode Power Station,” he said.
The lawmaker, who looked at the realities in the country’s power sector, said electricity supply was no longer a social responsibility but a commercial venture.
“Where there is no competition in commercial services, there is bound to be a monopoly and where there is a monopoly, efficient service is at the mercy of the monopolist. This is simple economics,” he submitted.
Apparently angry, Mr Igbuya said that he suspected ulterior motives in the recent protest.
“I am representing Sapele State Constituency in the Delta State House of Assembly and I can say that I operate a 33 line. There is no doubt about that. I am not the only person on 33 KVA in Sapele and I am not the first to use it. It is an industrial line. My people should not suffer because I am on 33 line. Being on 33 is an enormous cost to my finances. The tariff is higher. I would have loved to be on 11.5 and payless like every electricity consumer in Sapele. Electricity is now a private concern and Investors want returns on their investment,” he said.
The presiding officer of the Delta State House of Assembly pointed out the short comings of the Benin Distribution Company (BEDC).
“Reverend Father Christopher Ekibo, a priest of St. Patrick’s Catholic Church, Sapele, said there was going to be a protest. I was in London when he called and I expressed excitement about the protest. Sapele used to get only 2 hours electricity supply from BEDC daily.
“I held meetings with the managing director of BEDC in Benin. And she told me that my people can get more power if they so desire but they have to pay their electricity bills. When I met Father Ekibo in Sapele, I appealed to him to encourage our people to pay bills. If they pay bills, we will get more hours of electricity supply,” he disclosed.
He charged BEDC to leave no stone unturned to ensure uninterrupted power supply to Sapele.
“BEDC is a private concern. This is the issue. BEDC is not giving metres to houses. What it brings majorly is estimated bills,” he said.
By Adedapo Adesanya
The South African Consulate General in Lagos, in partnership with Brand South Africa and the Development Bank of Southern Africa (DBSA), is hosting the 4th edition of the South Africa Focus Week in Lagos, Nigeria, from April 22 – 26, 2026.
The annual platform continues to grow as a strategic initiative aimed at fostering social cohesion between South Africans and Nigerians while positioning South Africa as a preferred destination for business, tourism, and education. Since its inception in 2023, South Africa Focus Week has attracted over 1,500 participants, bringing together stakeholders from across sectors, including trade and investment, arts and culture, tourism, aviation, and the culinary industry.
The 2026 edition holds particular significance as it coincides with the 30th anniversary of South Africa’s democratic Constitution, enacted in 1996, as well as 32 years of unbroken diplomatic relations between South Africa and Nigeria, established in February 1994. These milestones underscore the enduring partnership between the two nations, rooted in shared history and strengthened through formal agreements and ongoing collaboration.
The 2025 economic relationship between South Africa and Nigeria reflects a strategically significant, multi-dimensional partnership anchored in trade, energy security, investment flows, and strong institutional cooperation. While bilateral trade remains structurally imbalanced – with South Africa exporting US$468.48 million and importing $1.69 billion, resulting in a $1.22 billion deficit – this dynamic is largely driven by South Africa’s reliance on Nigerian crude oil, positioning the relationship as one of strategic interdependence rather than imbalance alone.
This partnership is further elevated by the relative economic weight of both countries. According to IMF projections, South Africa’s economy is valued at approximately $443.6 billion, while Nigeria’s stands at around $334.3 billion in nominal terms for 2026. As two of the largest economies on the continent, their bilateral engagement constitutes a central axis of African economic activity, with disproportionate influence on the success of continental integration efforts.
Beyond trade, the relationship is reinforced by deep two-way investment linkages. South African firms -including MTN Group, Shoprite, and Standard Bank – maintain a strong presence in Nigeria, while Nigerian companies such as Access Bank and Paystack have established a growing footprint in South Africa. Although investment flows are asymmetrical and some Nigerian firms have faced operational challenges, these exchanges reflect an emerging bi-directional economic corridor that extends beyond goods trade into services, finance, and digital innovation.
Aligned with Brand South Africa’s mandate to build the country’s global reputation and competitiveness, the week-long programme will convene leaders from government, business, civil society, academia, and the media. Discussions will focus on leveraging the African Continental Free Trade Area (AfCFTA) as a tool for market access and global positioning, with Nigeria serving as a key focal point.
The South Africa Focus Week has features a series of high-level engagements and cultural activities designed to deepen economic ties and promote collaboration: South Africa–Nigeria Infrastructure Investment Conference (April 22, 2026) which was held under the theme South Africa–Nigeria Partnership: Unlocking Infrastructure Opportunities,” the conference will bring together key stakeholders in infrastructure development to explore collaborative projects in road, rail, and transportation systems.
The forum also examined the role of Public–Private Partnerships (PPPs) and facilitated discussions on project financing and implementation with institutions such as the DBSA and Nigeria’s Infrastructure Concession Regulatory Commission (ICRC).
This was followed by the 2nd Economic Diplomacy Roundtable (Thursday, April 23, 2026), which was hosted in partnership with MTN Nigeria under the theme Role of Technology in Infrastructure Development, the roundtable will convene senior government officials, private sector leaders, and industry experts to identify investment opportunities and strengthen strategic partnerships.
Friday, April 24, was for Arts and Culture Experience, which is a dedicated cultural day will showcase Lagos’ creative spaces and features a panel discussion on South Africa’s arts, film, music, and culture. The programme includes a South African film screening, engagements with filmmakers, and a networking reception aimed at fostering collaboration between the creative industries of both countries.
The event continues on Thursday, April 25, with Freedom Day Celebration and Closing Ceremony. This commemorative event will celebrate 30 years of South Africa’s Constitution, 32 years of freedom and democracy, and the enduring diplomatic relations between South Africa and Nigeria. The ceremony will also provide an opportunity to reflect on outcomes from the week and outline future areas of cooperation.
The celebration forms part of Brand South Africa’s Global South Africans Programme, which recognises and connects South Africans in the diaspora as ambassadors of the nation’s values and identity.
The week climaxes with the 4th edition of the South Africa Golf Tournament at Ikoyi Golf Club on Saturday, April 26, 2026, which will be done in partnership with Crossflex International.
According to a statement, the event aims to strengthen people-to-people relations through sports diplomacy, bringing together South African and Nigerian golfers in a spirit of camaraderie and collaboration.
By Modupe Gbadeyanka
The former chairman of the defunct Skye Bank Plc, Mr Tunde Ayeni, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Spokesperson of the anti-money laundering agency, Mr Dele Oyewale, confirmed the arrest of the businessman on Friday but declined to provide further details, according to TheCable.
Mr Ayeni was accused of diverting the N36.5 billion and $30 million loans from Polaris Bank Limited to companies with which he has links.
He was alleged to have obtained the credit facilities for marine security, electricity distribution, and real estate projects, but moved them to telecom investments tied to NITEL/MTEL assets via a NATCOM account.
After the Central Bank of Nigeria (CBN) revoked the operating licence of Skye Bank in 2018, it nationalised it to Polaris Bank.
The EFCC has been looking into the alleged diversion of funds by Mr Ayeni, resulting in his arrest in Abuja on Thursday, April 23, 2026.
He is being grilled over the matter and would be arraigned in court once the investigation is concluded.
This is not the first time Mr Ayeni has been nabbed and probed by the EFCC, as this happened a few months after his bank lost its licence.
The then acting spokesman for the EFCC, Mr Tony Orilade, said Mr Ayeni was quizzed by detectives over issues related to fraud and embezzlement allegedly committed by him when he was Chairman of the bank a few years ago.
By Adedapo Adesanya
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities.”
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