
News
$418m deductions suspended as FG, states meet for FAAC today


There were strong indications on Wednesday that the federal and state governments had agreed to the suspension of the deduction of $418m Paris Club refunds from states and local governments’ accounts pending the determination of court cases on the issue.
Following the agreement, which was reached between states’ officials and the Federal Ministry of Finance, the Federation Account Allocation Committee meeting, which ended in a deadlock last Friday, would now hold today (Thursday).
It was, however, not clear if the decision to suspend the deductions would affect the October revenue allocation, but it was gathered that the Federal Government had already issued promissory notes on the consultants’ pay.
The Ekiti State Commissioner for Finance, Akin Oyebode, confirmed in an interview with The PUNCH that the issue of deductions had been resolved.
The commissioner, who did not give details of the resolution, also confirmed that the FAAC would either meet on Wednesday or Thursday (today).
He also reiterated the demand of the states for the separation of the Office of the Accountant-General of the Federation from the Office of the Accountant-General of the Federal Government.
Last Friday’ FAAC meeting ended in a deadlock as a disagreement arose between the federal and state governments when the committee was informed by the Ministry of Finance that the deductions for the $418m from the local governments’ allocation had commenced in order to pay the consultants for the work they did on the Paris Club refund.
The country had in 2006 paid $12bn to get a $18bn debt write-off by the Paris Club of international creditors.
States and local governments that did not owe the Paris Club later asked for a refund when they realised that the payment was made directly from the revenue accruing to the entire federation.
There were reports that some consultants, who claimed a percentage of the refunds as payment for services they said they rendered to the states and local governments, went to court to demand their pay.
The Federal Government had negotiated an out-of-court settlement with the contractors and $418m was agreed on as the judgment debt.
But the Nigeria Governors’ Forum, which opposed the payment, approached the court to stop the implementation of the controversial agreement.
The Chairman of the Forum of Commissioners of Finance and Benue State Commissioner for Finance, David Olofu, had said on Monday that the sharing of the October revenue by the three tiers of government was suspended last Friday because of the deductions.
A top member of FAAC, who confided in The PUNCH on Wednesday, said, “Deductions will not be done until the conclusion of the court cases, but I don’t know what will happen to the October allocation on which deductions had been made.”
Oyebode also told one of our correspondents on Wednesday that the issue of deductions, which led to the delay in the monthly allocation to states from the Federation Account, had been resolved.
The Ekiti finance commissioner said, “The issue has been resolved. We (Federation Account Allocation Committee) expect to meet today (Wednesday) to adopt the communiqué. I believe that the meeting will hold today or latest tomorrow (Thursday).”
Oyebode, who declined comments on the content of the communiqué, said the allocation for October would be released.
He stated, “It (allocation) will be released. It was not withheld. The issue had to do with deductions, which were made on the accounts of the states and local governments. Our position, which has been clearly stated by the Chairman of the Forum of Finance Commissioners, is that we believe that those deductions are being challenged and should not even start unless the claims are verified.
“Also, if we are a federation and we are equal partners, we don’t believe that we should just come to a meeting and see deductions on our statement that were not previously discussed and agreed on. That is the principle of federation that we are upholding and defending. It is not an argument per se. It is just that it is a principle that the federating units should be upheld at all times.”
He added that an issue of concern was the need to have separate accountants-general for the federation and the Federal Government, noting, “The Office of the Accountant-General of the Federation is not the same as the Office of the Accountant-General of the Federal Government.
“We have argued that the offices should be separated. There should be an accountant-general for the Federal Government and an accountant-general for the federation, and not the present situation where the accountant-general of the federation is only responsible to the Minister of Finance.”
The commissioner gave an assurance that Ekiti State would pay October salaries to workers as scheduled, saying, “We will pay salaries. What is important is paying salaries.”
FG has seen reason why deductions can’t start now – Delta commissioner
The Delta State Commissioner for Finance, Mr Fidelis Tilije, stated in an interview with The PUNCH on Wednesday that the Federal Government had agreed that the deductions could not start now.
He said, “The Federal Government has seen reason why deductions cannot start now. For crying out loud, there are court processes that are ongoing. Why don’t we wait till the court processes are concluded before talking about deductions?
“The Federal Government has issued promissory notes. The judgment they are talking about is a high court judgment.”
Tilije allayed fears over the non-payment of October salaries by Delta State, saying, “We will manage, but we hope that whatever problem we have will be resolved this week.
“We are supposed to have a conclusive discussion today (Wednesday), but we are still waiting for the Federal Ministry of Finance to determine the time of the meeting. If we don’t hold the meeting today (Wednesday), we will hopefully hold it tomorrow (Thursday).”
The Osun State Commissioner for Finance, Bola Oyebamiji, told one of our correspondents that the state would not borrow to pay salaries.
He said the government would strategise and find a way round the issue to ensure that workers would not suffer.
“We are going to think outside the box as we normally do. We are not going to borrow, but we are going to find a way round the situation. We will strategise and see what we can do to ensure that our people do not suffer,” Oyebamiji stated.
Efforts made to get a response from the spokesperson for the Office of the Accountant-General of the Federation, Henshaw Ogubike, were unsuccessful as calls were not taken and messages delivered were not replied.
PUNCH
News
Governor’s Convoy Kills Five in Auto Crash

Five persons, including four male students and a young woman, have reportedly lost their lives in a fatal road accident involving a vehicle in the convoy of Niger State Governor, Mohammed Umaru Bago, in Minna, the state capital.
The tragic incident occurred on Monday at Gidan Mangoro community along the Minna–Bida Road when a Hilux van attached to the governor’s convoy reportedly collided head-on with a private Peugeot 206 car.
The female victim, identified as Mrs Nafisa, was reportedly driving the Peugeot when the accident occurred. She was said to be a Programme Manager at Labspace, an NGO, and founder of Wosh Mart Service Ltd.
According to Vanguard, an eyewitness and resident of Gidan Mangoro, Abdullahi Musa, said the accident happened at approximately 11:35 a.m. while the governor and his entourage were returning from Bida.
Bago had reportedly visited the Etsu Nupe and Chairman of the Niger State Council of Traditional Rulers, Alhaji Yahaya Abubakar, to commiserate with him over the death of Sagi Nupe, Hajia Aisha.
Musa alleged that the accident resulted from wrongful overtaking by the Hilux driver, claiming that the government vehicle veered into the lane of the oncoming Peugeot.
“The accident was caused by wrongful overtaking by the Hilux in the governor’s convoy. The other car was in its lane when the Hilux rammed into it,” he said.
The four male occupants of the Peugeot were suspected to be postgraduate students of the Federal University of Technology, Minna.
A staff member of Minna General Hospital, where the victims were evacuated, disclosed that three persons died at the scene, while two others later succumbed to their injuries.
Some of the injured victims were subsequently transferred to the Ibrahim Badamasi Babangida Specialist Hospital for further medical attention.
A former local government chairman in Niger State, who was reportedly travelling in the Hilux, also sustained fractures to his legs but was said to be alive as of the time of the report.
Confirming the incident, the Niger State Sector Commander of the Federal Road Safety Corps (FRSC), Aishat Sa’adu, said personnel of the agency arrived at the accident scene after the victims had already been evacuated.
Similarly, the Police Public Relations Officer of the Niger State Command, SP Wasiu Abiodun, confirmed the crash, stating that investigations had commenced to establish the circumstances surrounding the tragedy.
“The accident occurred this morning and we are investigating it,” Abiodun said.
The police, however, did not immediately release the identities of the deceased or officially confirm the casualty figure.
Clarify the confirmed casualty figure
Remove repeated accident attribution
Use more cautious identification language
News
Mainpower Announces Planned Power Outage, Explains Drop in Supply

By Chinedu Sabastine
Mainpower Electricity Distribution Limited (MEDL) has announced a planned power outage in Nsukka and surrounding communities from November 5 to 10, 2026, to enable the Transmission Company of Nigeria (TCN) to carry out maintenance work on equipment at its Nsukka station.
The outage, scheduled to run daily from 9 a.m. to 5 p.m., will affect electricity supply to customers served by the University of Nigeria, Nsukka (UNN), SUMAS and Orba 33kV feeders.
The announcement comes amid a current reduction in electricity supply across Enugu State, which MEDL has attributed to a drop in energy generation and low system frequency, forcing TCN to implement load shedding.
In a public notice issued on Monday, MEDL’s Head of Communications, Emeka Ezeh, said the planned maintenance was necessary to improve electricity supply in the affected areas.
“The planned outage is to enable the TCN technical team to carry out maintenance work on some equipment at the station,” Ezeh said.
He added that the exercise was aimed at improving the reliability and quality of electricity supply to customers.
The communities expected to experience interruptions include Ukopi, Opi Agu, Eha-Alumona, Orba Town, Obollo-Afor, parts of Obollo-Eke, Enugu Ezike, Ibagwa, Nkalagu Obukpa, Okpaligbo, Iheaka, Edem Ani, Agbani, Uzo-Uwani, Obimo, Nkpologu, Lejja, Nguru, Aku and Ogbede.
Other affected locations are Odim Gate, Nkpor, UNN, Nru, Ede Oballa, El Tabera Estate, Ikenga Estate, Wilson Company, Umakashi, Isiakpu, G.R.A. and Ogige Main Market, alongside surrounding communities.
MEDL apologised to customers over the anticipated inconvenience and appealed for their patience and understanding during the maintenance period.
“The exercise is necessary to facilitate essential technical work aimed at improving the reliability and quality of electricity supply to customers,” the company said.
Why electricity supply has dropped
In a separate public notice issued on Monday, the company explained that the current reduction in electricity supply across Enugu State resulted from a decline in energy generation, which had affected the stability of the power system.
MEDL said the situation had resulted in low system frequency, prompting TCN to ration available electricity through load shedding.
“The current reduction in power supply availability is due to a drop in energy generation, which has resulted in low system frequency,” the company stated.
It added that the situation had necessitated TCN’s decision to implement load shedding of the available energy.
“Consequently, the energy allocation to MEDL has been affected, limiting its ability to meet the daily service-level commitments,” the statement said.
The company, however, assured customers that it was monitoring the situation and distributing the available electricity allocation across its network.
“MEDL wishes to assure its customers that it is closely monitoring the situation and will continue to distribute the available energy allocation fairly across its network,” Ezeh said.
The company expressed optimism that normal electricity supply would soon be restored, while regretting the inconvenience caused by the reduction in supply.
It also thanked customers for their patience, understanding and continued cooperation.
News
Mbah Moves to End Excessive Agency, Legal Fees, Arbitrary Rent Increases in Enugu

Enugu State Governor, Dr. Peter Mbah, has taken steps to address the rising cost of renting accommodation in the state by forwarding an executive bill to the State House of Assembly seeking to regulate agency and legal fees charged by property agents and lawyers.
The proposed legislation seeks to amend the Landlord and Tenant Law, Cap. 101, Revised Laws of Enugu State, 2004, with a view to protecting tenants from excessive charges while ensuring fairness and transparency in the property market.
Speaker of the Enugu State House of Assembly, Rt. Hon. Uche Ugwu, disclosed this in a statement posted on his Facebook page on Monday, October 26, 2026.
Ugwu explained that the executive bill would complement an earlier legislative proposal sponsored by the member representing Nkanu East State Constituency, Hon. Anthony Okey Mbah, which had already passed first and second readings and undergone a public hearing.
According to the Speaker, the proposed amendment would introduce measures to regulate estate agents, place limits on agency and legal fees, and establish clear procedures for the collection and refund of caution fees.
The legislation also seeks to check arbitrary rent increases and minimise disagreements between landlords and tenants over property damage through joint inventories and professional valuations where necessary.
Ugwu noted that the Assembly would harmonise the proposals to produce comprehensive legislation that addresses longstanding concerns in the state’s housing sector.
“When we are done with dotting the i’s and crossing the t’s, we shall have a document that shall make tenancy-related charges more transparent and predictable, control and limit agency and legal fees, establish a formal regulatory framework for agents,” he stated.
He added that the proposed law would provide a structured mechanism for handling caution fees and refunds while creating an enabling environment for investors in the housing sector.
The development comes amid growing concerns among residents over the financial burden associated with securing rented accommodation, particularly agency commissions, legal charges and other tenancy-related payments.
The Speaker maintained that the initiative was consistent with Governor Mbah’s broader development agenda of positioning Enugu as an attractive destination for investment, business, tourism and residential living.
“According to the Governor’s vision, indeed we can make Enugu the preferred destination for business, investment, tourism and living,” Ugwu added.
The proposed amendment, when passed into law, is expected to provide a clearer legal framework governing the relationship between landlords, tenants and property agents across the state.
News
Modern Onitsha Main Market With Over 6,000 Shops Ready for Christmas

By Okey Maduforo, Awka
The ongoing modernisation of the Onitsha Main Market in Anambra State is expected to be completed ahead of the Christmas festivities, with over 6,000 shops and modern facilities designed to boost commercial activities in the historic market.
The project, which commenced two months ago, has reached 90 per cent completion and is being executed on a 24,000-square-metre expanse of land, with an Independent Power Plant (IPP) designed to provide uninterrupted electricity to the market and its environs.
Other facilities include five additional boreholes to complement the existing one, a health centre, modern toilet facilities, a motor park, solar-powered streetlights, CCTV surveillance cameras and four access roads.
The market will also feature three major entrance gates, eight minor gates and a dedicated firefighting station to enhance security and emergency response.
Speaking during an inspection of the project, the Commissioner for Housing, Arc. Henry Arinze, said the initiative was designed to provide a conducive business environment for traders and their customers.
“The project is aimed at providing ease of doing business for both traders and their customers, and with over 6,000 shops in the market, we are good to go,” he said.
Arinze explained that the project forms part of Governor Charles Soludo’s urban regeneration programme, adding that the provision of an Independent Power Plant would enable traders to extend commercial activities from the current closing time of 5 p.m. to 10 p.m.
“We did not demolish the market shops. What we are carrying out is part of the urban regeneration programme of the state government. With the new facilities, the market will remain open until 10 p.m. as against the present 5 p.m. closing time,” he stated.
He further disclosed that construction activities were deliberately restricted to nighttime and Sundays to minimise disruptions to trading.
“We would have gone farther than this, but we work only at night and on Sundays so that traders can continue their businesses while construction is ongoing,” he explained.
Also speaking, the Special Adviser to Governor Soludo on Projects Monitoring, Prof. Ebuka Nwankwo, recalled that the market had not witnessed any major government-led modernisation since its post-civil-war reconstruction in 1971 under the administration of the then Sole Administrator of East Central State, the late Ukpabi Asika, with assistance from the Federal Government.
According to him, the market has experienced four major fire incidents since its reconstruction, with affected traders largely undertaking the rebuilding of their shops themselves.
“Since 1971, when the market was reconstructed after the war, there have been four fire incidents, with traders carrying out the reconstruction of their affected shops. The state government is not only desirous but deliberate about restoring the past glory of the market,” Nwankwo said.
The Head of Civil and Structural Engineering, Prof. Henry Aginam, commended the Anambra State Government for embarking on the project, describing it as a bold intervention in the redevelopment of the commercial hub.
He expressed satisfaction with the quality of construction materials and the calibre of professionals engaged in executing the project.
Similarly, the representative of the Council for the Regulation of Engineering in Nigeria (COREN), Engr. Prof. Akaolisa Ezeadi, gave the project a positive assessment, noting that the construction work complied with professional standards and engineering best practices.
Ezeadi said the regulatory body was satisfied with the quality of work so far and would continue its monitoring visits until the project was completed.
In his remarks, the Commissioner for Commerce and Industry, Mr. Nonso Ebonwu, described the market modernisation as a major step towards reviving the commercial fortunes of Onitsha and attracting increased patronage from within and outside Nigeria.
He disclosed that a similar redevelopment initiative was also being undertaken at the Nkwo Nnewi Auto Parts Market.
The Chairman of the Onitsha Main Market Traders Association, Chief Chijioke Okpalaugo, expressed satisfaction with the transformation of the market, noting that patronage had continued to increase despite the ongoing construction.
He reaffirmed the traders’ support for the Soludo administration and expressed optimism that the completed project would further strengthen Onitsha Main Market’s position as one of the leading commercial centres in West Africa.
News
Online Media Professionals Association Emerges in South-East

ENUGU, October 25, 2026 — A new association, Online Media Professionals (OMP), has been established to unite online media practitioners, protect their interests and promote professionalism in Nigeria’s media industry.
The association, according to a communiqué issued in Enugu on Sunday, aims to provide a common platform for practitioners to collaborate, share ideas and address challenges affecting their work and welfare.
OMP said the growing influence of online publications in informing the public, shaping public discourse and holding public officeholders accountable had made it necessary for practitioners to organise under a recognised professional body.
The association will bring together individuals who own or work with online media platforms, providing opportunities for cooperation, professional development and engagement with relevant institutions and stakeholders.
It also plans to establish working relationships with government officials, security agencies, educational institutions, corporate organisations and other bodies whose activities affect the media industry and society.
According to the communiqué, OMP is beginning its activities in the South-East, with plans to expand into a national organisation representing online media professionals across Nigeria.
The association said its long-term objectives included building a credible professional body capable of giving practitioners a collective voice, promoting responsible journalism and providing a platform for addressing issues affecting members.
It added that the growth of online media must be accompanied by professionalism, accountability and respect for the responsibilities associated with informing the public.
OMP also pledged to encourage cooperation among practitioners and promote standards capable of strengthening public confidence in online publications.
The association noted that achieving its objectives would require the commitment of members, a clear sense of purpose and programmes designed to address their needs.
It therefore called on online media practitioners across the South-East and other parts of the country to identify with the initiative and contribute to building a strong professional association.
Membership, according to the communiqué, is open to professionals who own or work with online media publication platforms and are willing to support the association’s objectives.
The communiqué was signed by Jude Chinedu and Chukwumerije Aja on behalf of the Communiqué Drafting Committee of Online Media Professionals.
The emergence of OMP marks an effort to strengthen the professional identity of online media practitioners and create opportunities for collaboration and growth within Nigeria’s evolving media landscape.
-
Health5 days agoNigeria’s Ebola Patient Identified as Wife of Swiss Diplomat, Infection Traced to Uganda
-
Education9 hours agoCaleb British International School Wins Zenith Bank Young Innovators Challenge, Bags ₦5m Prize
-
Politics5 days ago2027: It’s Not South-East’s Turn, Obi Not Our Best Presidential Candidate – Umahi
-
News4 days agoNational Assembly Receives Proposals for New LGAs as Lagos Seeks 37, Akwa Ibom Missing from Lis
-
Education5 days agoEuston University Invites Applicants for 2026/2027 Academic Session After NUC Approval
-
Politics5 days agoEbonyi Bans Political Campaigns, Gatherings Without Government Approval
-
Crime4 days agoEnugu Socialite Stone Shot dead After Police Raid Birthday Party, CP Orders Probe
-
Crime4 days agoTragedy in Anambra: Missing Young Woman, Messioma Nwaora, Reportedly Found Dead in Uga


