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Ondo gov poll: Customers blame parties as banks run out of cash

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With just a week to the Ondo State governorship election, residents are feeling the pinch of severe cash shortages in commercial banks across the state.

Politicians from the major political parties had been making large withdrawals from banks and stockpiling cash to buy votes.

Our correspondent learnt that customers who wanted to withdraw money over the counter were given less than what they requested because of the unavailability of cash in commercial banks across the state.

A source in a new generation bank disclosed that the politicians had been withdrawing millions of naira from banks in the last one week.

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They were alleged to be colluding with bank managers to make the withdrawal easy.

The source said, “In the past few weeks, there has been a high flow of cash in the state because politicians, particularly members of the ruling All Progressives Congress and the Peoples Democratic Party have colluded with bank managers to withdraw huge amounts of money daily. When the politicians ‘settle’ the bankers, they permit them to withdraw as much as they want. I can tell you authoritatively that the politicians are withdrawing millions of naira in cash from the banks, with the assistance of the managers.

“That is why we don’t have much cash to give customers. If you go to banks now, little cash is available in all their branches across the state. They are withdrawing money for their logistics in the campaigns and also keeping the money to buy votes on election day.”

Some bank customers, who spoke to our correspondent, said they had been finding it difficult to withdraw money across the counter.

While blaming politicians, the residents stated that the bankers informed them that they had little cash available in their branches.

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A customer, who identified himself as Tunde, said he was disappointed to reach one of the commercial banks in Akure on Thursday only to be informed that he could not withdraw more than N10,000 from the counter.

He added that the bankers advised him to go out and withdraw from the Point-of-Sale machines outside.

“I was surprised that when I got to my bank on Thursday to withdraw N50,000, the man at the counter told me that cash was not available and that they couldn’t give me more than N2,000 cash. I was angry and I asked him the reason; they told me they didn’t get much cash from the CBN (Central Bank of Nigeria),” the customer lamented.

Another bank customer told said that it had been a problem getting cash from the banks in Ondo State.

He said he was given the sum of N10,000 from his bank recently when he wanted to withdraw N30,000. Later, he was asked to go and use PoS for the remaining.

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“I use one of the new generation banks. I got there to withdraw N30,000 cash to settle some bills but I was told I could only be given N10,000 as the highest I could withdraw from the counter. I asked the reason for this, but the only answer I got was little cash was available in the branch for customers,” he added.

A manager of one of the branches of a commercial bank, who spoke on condition of anonymity, confirmed the development.

He said little cash was left in the banks for customers to withdraw after politicians mopped up huge amounts of money from the banks.

The source said, “As a matter of fact, even before now, the amount of money in circulation is very low generally, not only in Ondo State, but there is a way we adequately manage the available money given to us. That is not known to the public. For instance, the CBN in Akure has mandated all the banks in its domain that you cannot withdraw (from the CBN) more than twice within two weeks, unlike before that we will go there Monday, Wednesday, and Friday to withdraw cash. But now, they are dealing with us two times a week.

“Then, on the withdrawal by politicians, it is not a lie. It is really happening. It is not limited to only one bank but virtually all the commercial banks in the state. There are some locations that per week, they mop up close to N300m, N200m. You can see that when that one is gone from a branch, there is no way you can serve an ordinary man who wants to withdraw N50,000, N100,000. It is very unfortunate.”

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Another source alleged that the chieftains of all political parties approached banks for cash, but the ruling APC and the PDP were most responsible for the cash crisis in Ondo banks.

“They withdraw huge sums to keep for vote-buying on the election day,” he added.

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Governor’s Convoy Kills Five in Auto Crash

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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

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Mainpower Announces Planned Power Outage, Explains Drop in Supply

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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.

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Mbah Moves to End Excessive Agency, Legal Fees, Arbitrary Rent Increases in Enugu

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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.

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Modern Onitsha Main Market With Over 6,000 Shops Ready for Christmas

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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.

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Online Media Professionals Association Emerges in South-East

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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.

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