News
Tinubu to meet Gencos over N4tn electricity debt
The move follows a high-level meeting on Tuesday between the Minister of Power, Adebayo Adelabu, and chairmen of Gencos in Abuja, amid mounting fears of a possible collapse of the national grid due to liquidity constraints in the sector, according to a statement from the power ministry on Sunday.
The government pledged immediate action to reduce the N4tn debt owed to power generation companies.
The Gencos had issued a warning to the Federal Government over the continued accumulation of debts now totaling over N4tn.
The companies said they were currently owed N2tn for power supplied in 2024 and N1.9tn in legacy debts.
The statement by the minister’s Special Adviser on Strategic Communications and Media Relations, Bolaji Tunji, stated that the Federal Government had resolved to settle a substantial portion of the debt immediately, while the remainder would be cleared through financial instruments such as promissory notes within the next six months.
He said this would be proposed in a meeting being planned between President Bola Tinubu and the Gencos’ leadership.
“There is a need to pay a substantial amount of the debt in cash. At the minimum, let us pay a substantial amount, then ask for debt instruments in promissory notes to pay the rest,” Adelabu said.
He emphasised the Federal Government’s determination to prevent a collapse of the power sector, describing the situation as a national emergency.
“We recognise the urgency of this matter. The government is committed to resolving this debt to stabilise the sector and prevent further crisis,” he said.
The Gencos were led by the Chairman of Mainstream Energy Solutions and head of the Association of Power Generating Companies, Col. Sani Bello (retd), who warned that the sector faced a looming collapse due to the mounting debt and persistent liquidity challenges.
Bello noted that the debt burden had crippled operations and limited access to funding for maintenance and infrastructure upgrades. “Without urgent intervention, the entire power ecosystem could collapse,” he said.
Echoing his concerns, the Chairman of Egbin Power and First Independent Power Limited, Kola Adesina, said, “This is a national emergency. Everything hinges on power—industries, homes, hospitals. We cannot afford to let the sector fail.”
Adelabu acknowledged the role of systemic failures and policy inconsistencies in the sector’s woes, adding that the government was not only focused on debt repayment but also committed to pushing reforms that would ease operational challenges.
He advocated for a full liberalisation of the electricity market and called on Nigerians to embrace cost-reflective tariffs, stressing that subsidies were no longer sustainable in the long term. “Citizens must pay the appropriate price for the energy consumed. The Federal Government will continue to provide targeted subsidy for economically disadvantaged Nigerians,” he stated.
The CEO of APGC, Dr Joy Ogaji, also outlined the challenges bedevilling the GenCos, including erratic gas supply, persistent defaults on payments, and foreign exchange volatility. She noted that the dramatic depreciation of the naira—from N157/\$1 in 2013 to N1,600/\$1—had severely affected maintenance budgets and loan repayments.
“Gencos have borne unsustainable risks—from grid failures to unproductive taxes—while remaining patriotic,” she said.
Adelabu disclosed that plans were underway to implement regulatory reforms aimed at enhancing market stability and reducing levies. He urged Gencos to partner with the government in creating public awareness on electricity consumption, efficient usage, and tariff realities.
An Elder Statesman, Chief Hycienth Ngwu, has called on political leaders and policies formulators to ensure governmental policies and programmes directly touch lives of the people and reduce hardship in the country.
Ngwu, who is a prominent community leader in Enugu, urged Nigerians to maintain peace within neighbourhoods and communities, as no meaningful development can take place without peace.
The statesman made the call on Thursday in Enugu while reacting to the developmental efforts of Nigeria at its 66th Independence.
He said that previous and present administrations had put in place policies and programmes to reset the socioeconomic fabric of the nation.
Ngwu said that while the removal of fuel subsidy, and unification of the foreign exchange had good intentions, their impact is yet to reflect on the lives and livelihoods of vast majority of Nigerians.
He urged leaders to ensure that public resources were properly managed while citizens remained patient with reforms aimed at improving the socioeconomic status of the country.
The elder statesman noted that at 66th independence, the country was still struggling on keeping its peace and co-existence as a country; adding that the founding leaders of Nigeria envisaged a closely united, bonded and peaceful country.
He called for return to policies that promote local production, indigenous industries and entrepreneurship, arguing that excessive dependence on imports had continued to weaken the country’s productive capacity.
According to him, we are yet to achieve economic independence even as we needed to do more on non oil revenue earns as the greater part of the world is moving towards greener and clean energy.
“Greater emphasis should be on skills acquisition, creativity and entrepreneurship education system, as academic qualifications without practical skills could leave graduates dependent on scarce white collar jobs.
“We ought to be economically productive nation capable of producing and exporting goods while developing its human capital,” he said.
Ngwu noted that current insecurity and social instability could be partly attributed to poverty and ignorance, while calling for greater honesty and trust between leaders and citizens.
“Corruption, tribalism and selfishness must be addressed if Nigeria is to achieve peace and lasting progress,” he added.
He also called for the scrapping of state electoral commissions as they have not helped in deepening democracy at that level. The National Election body should take over that responsibility.
As Nigeria marks its 66th Independence Day, Macmaduson Concepts Limited, a leading provider of HVACR,industrial parts, sensors, electrical and plumbing materials, has extended warm Independence Day greetings to its customers, clients and business partners across the country.
In a goodwill message to mark the occasion, the company expressed appreciation to its valued customers for their continuous support, trust and partnership over the years.
Macmaduson Concepts Limited, which specialises in HVACR,Industrial Materials, sensors, air-conditioners, refrigerators, cold rooms, chillers, refrigerants, electrical materials and plumbing materials, said the occasion provides an opportunity to celebrate Nigeria and reflect on the nation’s journey.
The company wished Nigeria continued growth, unity, peace and prosperity, while expressing hope for a brighter future for all Nigerians.
The message from the company reads in part:
At Macmaduson Concepts Limited, we celebrate our great nation, Nigeria, and appreciate our valued clients for their continuous support, trust and partnership. May Nigeria continue to grow in unity, peace and prosperity.”
The company concluded its Independence Day message with the theme: “One Nation, One People, A Brighter Tomorrow.”
Happy Independence Day, Nigeria!
Happy 66th Independence Anniversary from Macmaduson Concepts Limited.
By Okey Maduforo, Awka
The perennial flooding in Awka, the Anambra State capital, may soon be brought under control following the commencement of flood control measures by the Awka Capital Territory Development Authority (ACTDA).
The Authority has commenced the dredging of the Obibia Stream as part of efforts to improve the flow of floodwater and reduce flooding on major roads and streets within the capital territory.
During the rainy season, Zik’s Avenue, one of the major roads in Awka, is frequently affected by flooding, with water reportedly submerging buildings and disrupting commercial activities and vehicular movement, particularly around Eke Awka Main Market.
The ACTDA management has also commenced the desilting of drains and flood channels across the capital territory to ensure the free flow of water during heavy rainfall.
Speaking on the development, the Managing Director and Chief Executive Officer of ACTDA, Ozo Ossy Onuko, attributed the recurring flooding to the blockage of drainage systems, largely caused by human activities.
Onuko said the desilting of drains would remain a continuous exercise, adding that the Authority would periodically clear the drainage channels to improve water flow.
“What we must understand is that the flood is as a result of the drainage that has been blocked, and this is due to human activities. When you go to Eke Awka Market, most of the water channels are affected, but we shall continue to carry out the desilting of those drainages for water to flow easily,” he said.
He further disclosed that the Obibia Stream was being dredged to facilitate the easy flow of floodwater.
“As you also know, we have commenced the dredging of the Obibia Stream, which is part of efforts by government towards putting an end to the perennial flooding in the Capital City,” Onuko stated.
The ACTDA boss also observed that some of the drainage channels constructed in Awka in the past were not deep or wide enough to accommodate the volume of water generated during heavy rainfall.
According to him, the situation is further worsened when residents block the drainage channels with refuse and other materials.
He said the Authority was mobilising and sensitising market organisations and village associations to support government efforts in tackling flooding within the capital territory.
“Government is surely playing its role in that regard, but it is also the duty of residents of the Capital City to clear their gutters and ensure that garbage is not dumped inside the drainages,” he said.
Onuko expressed optimism that the measures being implemented would significantly reduce the flooding problem in Awka, while urging residents to support the government’s efforts.
“With what we are doing so far, the challenges of flooding would soon be a thing of the past, and we urge all and sundry to be part of this move because natural disasters know no bounds,” he stated.
By Okey Maduforo, Awka
The Attorney-General of Anambra State, Tobechukwu Nweke, SAN, has initiated steps to prosecute persons who deny women and girls their right to inherit property on the basis of their gender.
Nweke has consequently directed the Nigeria Police Force to investigate complaints of gender-based disinheritance and transmit the relevant case files to his office for prosecution.
This was contained in a letter personally signed by the Attorney-General and made available to newsmen on Monday, September 28, 2026.
The letter stated that the practice of denying women and girls the right to inherit property because they are female constitutes a criminal offence under Section 22 of the Violence Against Persons (Prohibition) Law, 2017 of Anambra State, and is punishable by up to four years’ imprisonment.
In the letter addressed to the police, Nweke said:
“In light of the foregoing, you are kindly requested to ensure that your office thoroughly investigates all reported cases of gender-based disinheritance and that the case files are transmitted to this Ministry for further action.”
He further disclosed that the Ministry had designated its Sexual and Gender-Based Violence (SGBV) Unit to prosecute offenders under the law.
According to him, the unit would handle such cases alongside other forms of domestic violence and sexual offences.
The Attorney-General noted that despite several Supreme Court decisions declaring customs and practices that exclude females from inheriting property unconstitutional and illegal, some members of the public still engage in such discriminatory practices.
He said the state government was determined to enforce the law and ensure that women and girls were protected from discriminatory inheritance practices.
…Says Ogbuekwe’s Victory a Mandate of Trust, Hope in APC
The Mmiri-Oma Campaign Organisation, which coordinated the electioneering campaign of the All Progressives Congress (APC) chairmanship candidate for Nkanu East Local Government Area, Engr. Mike Ogbuekwe, has expressed profound appreciation to the people of the council for what it described as their “overwhelming support, trust and confidence” throughout the election campaign.
Ogbuekwe was declared the winner of the Nkanu East chairmanship election conducted on September 26, 2026, bringing to a close weeks of campaign activities, consultations and community engagements across the local government.
In a statement jointly signed by the Director-General of the Mmiri-Oma Campaign Organisation, Prince Chukwuemeka Nwatu, and its Spokesperson, Barr. Joshua Ejeh, and issued on Monday, the organisation thanked the people of Nkanu East for turning out in large numbers throughout the campaign period and ultimately giving their mandate to the APC candidate.
The organisation described the people’s reception of the campaign train across the communities as deeply touching, saying the warmth, solidarity and encouragement received at the grassroots remained one of the defining features of the campaign.
It recalled the extensive ward-to-ward engagements during which the campaign team visited communities, interacted with traditional and community leaders, youths, women and other stakeholders, describing the reception across Nkanu East as a powerful demonstration of grassroots participation.
The organisation particularly recalled instances where residents turned out despite challenging weather conditions to receive the campaign team, including engagements in Nara, Ugbakwa, Owo, Nomeh, Mburubu and Nkerefi, where reports documented significant community participation during the campaign.
According to the statement, the Mmiri-Oma movement was not merely received as a political campaign but as a movement that connected with the aspirations and expectations of ordinary people across the council area.
“We are deeply grateful to the people of Nkanu East. You opened your communities to us, listened to our message, travelled with us, stood with us and ultimately entrusted us with your mandate,” the organisation said.
The campaign body said the mandate given to Ogbuekwe by the electorate carried a profound responsibility, stressing that the confidence of the people must now be repaid through service, accountability and meaningful development.
It assured the people that the incoming administration would remain conscious of the fact that the election was not the destination but the beginning of a new responsibility to serve.
The organisation further expressed confidence in Ogbuekwe’s capacity to translate the mandate into practical dividends of democracy, saying his campaign engagements had demonstrated a commitment to listening to communities and understanding their development priorities.
It called on all citizens, irrespective of political affiliation, to join hands with the incoming administration in building a stronger, more united and prosperous Nkanu East.
“Now that the election is over, the work begins. The campaign has ended, but the responsibility to build Nkanu East has only started,” the statement added.
The Mmiri-Oma Campaign Organisation also pledged its continued commitment to the ideals of unity, grassroots participation and inclusive development that characterised the campaign, while urging the people to remain united behind the development of the council area.
It thanked the traditional rulers, community leaders, women, youths, professionals, political stakeholders and supporters who contributed to the success of the campaign.
The organisation equally expressed appreciation to the state governor, Dr. Peter Mbah, the leadership of the APC and all individuals and groups that worked tirelessly throughout the electioneering period to ensure victory.
The campaign council said the overwhelming support received had strengthened its belief that the people of Nkanu East were ready for a new chapter defined by service, inclusion, development and collective progress.
It therefore called on the people to see the emergence of Ogbuekwe not merely as the conclusion of a political contest, but as an opportunity to forge a common front for the advancement of every community across Nkanu East.
“The people have spoken. The mandate has been given. This shows continued trust and hope in the APC. Now is the time to unite, build and deliver. Together, we move Nkanu East forward,” it added.
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