General
Why ISOPADEC is Under Investigation—Irona
Recently, the Imo State government constituted an investigative panel to look into the management of the Imo state Oil Producing areas Development Commission (ISOPADEC).
While some saw this as a welcome development, others claimed it was part of the present government’s agenda to witch-hunt the immediate past government of Senator Rochas Okorocha.
But Deputy Governor of Imo State, Mr Gerald Irona explained that the decision to probe the commission was because of reports of mismanagement of the agency by previous administrations in the state.
Speaking when he received a delegation of stakeholders from Ohaji, in Ohaji Egbema Local Government Area under the auspices of Ogbako Ohaji, a socio-cultural organisation, led by Chief Goddy Obodo, the Deputy Governor said, “Few weeks before the last administration of Rochas Okorocha left, over N420 million was released on the orders of the former Governor to buy vehicles.
“The funds were not for ISOPADEC use, but for other uses. The funds were ISOPADEC funds. The salary wage bill is a little over N40 million and they were receiving about N95 million.
“There were a lot of issues. We now insisted that we must look into what has transpired. We are not witch hunting anyone. We just want to get things right.”
“The government set up an investigative panel; a panel of enquiry to look into how the commission was managed in the past years. We need to know how much was received by the commission and how the funds were utilized. We need to know what they did with our money and who played what role. We want ISOPADEC to work well.”
“We must ensure that ISOPADEC functions properly as an interventionist agency. It is unacceptable that till date, communities in Ohaji/Egbema/Oguta do not have portable water and electricity. The new ISOPADEC management must rise to the challenge of addressing the needs of the people. We constituted an ISOPADEC Advisory Council to be able to guide and encourage the new management, with a view to ensuring that the spirit and letters of ISOPADEC are strictly adhered to. The era of sharing ISOPADEC money is over.”
Speaking on funding, the Deputy Governor assured that the Commission shall be funded according to the law establishing it, even as he charged the new management on accountability.
“ISOPADEC must be accountable. It shall be funded according to the law establishing it. Funding will not be an issue. The issue will be how to manage the funds. It calls for prudence. There must be consultation, transparency and accountability.”
He further assured the delegation that Adapalm Nigeria will be properly managed in the interest of the citizens.
Speaking earlier, leader of the delegation and former lawmaker, Chief Goddy Obodo expressed gratitude to the government of Chief Emeka Ihedioha for considering Ohaji indigenes in political appointments, assuring him of their continued support.
He described the Deputy Governor as a great gift to people of the area, promising that people of the area will not disappoint.
“We are here to identify with you. Carry our message of gratitude to Governor Emeka Ihedioha. We are here to express our happiness. Within one month of our administration, we are already feeling a wind of change. We are here to tell you that we are happy with the government. As long as politics is concerned, be rest assured that Ohaji is solidly behind you. Call us anytime, any day, we are for you.”
“For Eight years, ISOPADEC was almost closed down. For eight years, no one from Ohaji benefited anything from ISOPADEC. The people of Ohaji that have so far been given appointments are tested and trusted. They will not fail you.”
Speaking on Adapalm, Obodo stated: “Adapalm, at some point was in someone’s pocket. Today, the government has set up an Interim Management Committee to turn it around. Ohaji people are standing by you.”
On youth restiveness, Obodo argued that youth of the area were deceived into thuggery, urging the cooperation of all to change the narrative.
“They deceived Ohaji youth into thuggery. That is not our character. We are disciplined, honest and hardworking people. Please, help us to change this narrative.”
Other members of the delegation were: former Commissioner, Barr. Golden Nwosu, Chairman, Interim Management Committee of Adapalm, Dr. Anthony Kerunwa, ISOPADEC Chairman, Barr. Magnus Obido, member of ISOPADEC Board, Hon. Emeka Alihie, Imo State Publicity Secretary of the Peoples Democratic Party, Hon. Damian Opara, among others.
General
Alison-Madueke Denies Wrong Doing as Prosecutors Present Evidence
By Adedapo Adesanya
Embattled former Nigerian Minister of Petroleum, Mrs Diezani Alison-Madueke, returned to court in London on Monday, denying wrongdoing as prosecutors presented evidence for an alleged bribery.
It was recently reported that Mrs Alison-Madueke, once president of the Organisation of the Petroleum Exporting Countries (OPEC), received cash and luxury benefits in exchange for influence over oil and gas contracts when she was a minister in the cabinet of former President Goodluck Jonathan.
She has denied the claims repeatedly.
In the latest development in her trial, jurors in the British court today heard testimony from a luxury furnishings retailer and a former housekeeper, as prosecutors sought to show how high-end purchases and property use were allegedly routed through intermediaries.
The 65-year-old is accused of multiple bribery counts stemming from a years-long investigation.
The alleged offences occurred between 2011 and 2015, when she was Nigeria’s oil minister but maintained a UK address.
The UK National Crime Agency (NCA), which targets international and serious and organised crime, accused her of receiving the bribes in Britain.
Mrs Alison-Madueke is accused of accepting “financial or other advantages” from individuals linked to the Atlantic Energy and SPOG Petrochemical groups.
Both companies secured contracts with the then Nigerian National Petroleum Corporation (NNPC) or its subsidiaries, according to the prosecution.
The former minister is also said to have received £100,000 ($137,000) in cash, chauffeur-driven cars, a private jet flight to Nigeria and refurbishment work and staff costs at several London properties.
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.
General
Egbin Power Unveils Tech Empowerment Scheme for Youth Employability, Others
By Modupe Gbadeyanka
An initiative designed to encourage entrepreneurship, expand access to opportunities in the digital economy, and improve the employability of young people in its host communities has been launched by Egbin Power Plc.
The tech-based empowerment programme will equip young persons from Egbin, Ijede and Ipakan areas of Lagos State with digital skills.
The chief executive of the power-generating firm, Mr Mokhtar Bounour, described the initiative as part of the company’s Personal Corporate Social Responsibility (PCSR) efforts, reflecting its commitment to inclusive and sustainable development, adding that its responsibilities extend beyond electricity generation to empowering people in surrounding communities.
“In today’s digital age, technology is no longer optional but a critical driver of economic inclusion and growth,” Mr Bounour said, noting that deliberate interventions were needed to bridge digital gaps and prevent uneven development.
He explained that when communities are excluded from the digital economy, development becomes uneven and unsustainable, reinforcing the need for deliberate interventions that bridge digital gaps.
He pointed out that, “The Empowerment Programme is designed to address this gap by providing young people in Egbin, Ijede and Ipakan with access to practical and in-demand digital skills that can improve employability, foster entrepreneurship, and create new economic opportunities within their communities.”
The first cohort brings together beneficiaries from the three communities for structured training in ICT fundamentals, graphic design, full-stack web development, digital marketing, cybersecurity and data analytics. The programme combines classroom instruction with hands-on learning.
Participants were selected through a screening process that assessed curiosity, determination and willingness to learn, the company said. Beyond technical training, the programme also includes workplace skills such as ethics, problem-solving, collaboration, professionalism and digital responsibility.
Mr Bounour urged beneficiaries to act as ambassadors of the initiative and demonstrate the values of integrity, discipline and service, saying their progress would serve as evidence that strategic corporate responsibility can deliver measurable impact.
He encouraged participants to recognise their broader responsibility to their communities, urging them to learn with character, pay their knowledge forward, mentor others, and use their skills to solve real local problems. He noted that the true legacy of the programme will be the ripple effects it creates through shared success and communal growth.
The launch of the Tech Empowerment Programme underscores Egbin Power’s continued commitment to sustainable community development, trust-building, and long-term value creation.
The company reaffirmed its dedication to investing strategically in people, strengthening host communities, and contributing meaningfully to Nigeria’s digital and economic future.
General
NPA Working to Eliminate Manual Bottlenecks, Synchronise Operations Across Seaports
By Adedapo Adesanya
The managing director of the Nigerian Ports Authority (NPA), Mr Abubakar Dantsoho, has said the organisation is in collaboration with the International Maritime Organisation (IMO) to deploy the Port Community System (PCS) will eliminate manual bottlenecks and synchronise operations across Nigeria’s seaports.
Mr Dantsoho disclosed this at a recent three-day high-level stakeholder engagement in Lagos titled Achieving a 7-day Cargo Dwell Time, organised by the Presidential Enabling Business Environment Council (PEBEC) in collaboration with the NPA.
The engagement convened the Ports and Customs Efficiency Committee (PCEC) under the Business Environment Enhancement Programme Accelerator (BEEPA) framework, focusing on streamlining port processes to improve efficiency and ease of doing business.
According to the NPA boss, the PCS will serve as the digital backbone of the National Single Window, enabling seamless information exchange among port stakeholders and reducing delays caused by manual documentation.
On her part, the director-general of PEBEC, Mrs Zahrah Mustapha, said the session was designed to go beyond identifying challenges and focus on implementing long-overdue practical solutions.
“Nigeria loses significantly every day due to operational inefficiencies,” Mrs Mustapha said. “These are not just numbers; they represent missed opportunities, jobs not created, and delayed economic growth. This reform is about resilience and unlocking the nation’s economic potential.”
She added that the initiative brings together government regulators and private-sector stakeholders to promote transparency and accountability, with the ultimate objective of reducing cargo dwell time and improving vessel turnaround time.
Recall that the NPA recorded a 100 per cent success rate in PEBEC reforms, ranking fifth among government agencies in 2025 with an 84.2 per cent compliance rating.
Outcomes from the stakeholder engagement are expected to be implemented in the coming months. By addressing operational gaps identified during port inspections, the NPA and PEBEC aim to build a more competitive maritime environment that attracts investment and facilitates seamless trade.
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