Headlines
Again, National Grid Collapses, Second Time in Three Days
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The national power grid has collapsed for the second time in three days, leading to blackouts in several parts of the country.
A check on the Nigerian System Operator’s portal (niggrid.org) showed that power generation dropped to zero megawatts at 11:30 am, affecting all 22 generation companies across the country.
Several electricity distribution companies corroborated this on their social media platforms.
“Please be informed that we experienced a system outage today 07 November 2024 at 11:29Hrs affecting supply within our network,” the Ikeja Electricity Distribution Company (EKEDC) serving parts of Lagos wrote on X.
“Restoration of supply is ongoing in collaboration with our critical stakeholders.
Kindly bear with us.
Meanwhile, Electricity Distribution Companies (DisCos) have jerked up metre prices, a few months after a similar increase.
The new price regime became effective on November 5, 2024, according to posts on social media platforms of the various DisCos.
With the recent move, the price of a single-phase metre has jumped from around N117,000 to about N149,800. This is dependent on the DisCo and the metre vendor.
A check by Channels Television indicated that the Eko DisCo put the price of its single-phase metre between N135,987.5 and N161,035 and pegged that of a three-phase meter between N226,600 and N266,600.
On its part, the Ibadan DisCo told its customers to pay from a range of N130,998 and N142,548 for a single-phase metre and N226,556.25 – N232,008 for a three-phase metre.
The Abuja DisCo said the price range for a single-phase metre is from N123,130.53–N147,812.5 and N206,345.65–N236,500 for three-phase metres.
Similarly, the Kano Electricity Distribution put N127,925–N129,999 as the price range for a single-phase metre while three-phase metres cost between N223,793–N235,425.
The Kaduna DisCo put its price for a single-phase metre between N131,150 and N142,548.94 and N220,375—N232,008.04 for three-phase metres.
This recent move came months after the Nigerian Electricity Regulatory Commission (NERC) announced the deregulation of metre prices under the Meter Asset Provider (MAP) scheme for end-user customers.
It said this is to address the protracted issues around metre supply and pricing within the sector.
With the development, DisCos and metre vendors can now fix prices based on the economic realities in the country, helping investors recover their money and ensuring the availability of the metres.
Headlines
Ex-AGF Accused of Stealing N1.96bn Begs to Negotiate with EFCC
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A former Acting Accountant-General of the Federation (AGF), Anamekwe Nwabuoku, who is standing trial for alleged misappropriation of ₦1.96 billion, has appealed to the Federal High Court in Abuja to grant him time to negotiate a settlement with the Economic and Financial Crimes Commission (EFCC).
Nwabuoku, who is facing a nine-count charge, made the request after EFCC’s lawyer, Ekele Iheanacho, SAN, informed the court that the prosecution was ready to proceed with five additional witnesses.
Although he was represented at the hearing by his lawyer, Isidore Udenko, the defendant personally addressed the court, stating that he had hired a Senior Advocate of Nigeria (SAN) to facilitate an out-of-court settlement with the anti-graft agency.
Udenko noted that the trial had commenced only after the defendant’s previous attempt to reach an agreement with the EFCC fell through.
Headlines
2031 Presidential Ambition Reason Ribadu Wants to Tarnish My Reputation – El-Rufai
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Immediate past Governor of Kaduna State, Malam Nasir el-Rufai, has stated that the National Security Adviser, Nuhu Ribadu is planning to tarnish his reputation because of his 2031 Presidential ambition.
Speaking in an interview with Arise TV on Monday, el-Rufai alleged that Ribadu is collaborating with Governor Uba Sani of Kaduna, and the Independent Corrupt Practices and Other Related Offences Commission to destroy his image
“This project of destroying Nasir el-Rufai is Nuhu Ribadu’s conception. He is the architect and builder of that project. He is the one working with Uba Sani to implement it. So far, it has been frustrating for them,” el-Rufai said.
“Somebody wants to destroy my reputation. Why? Nuhu Ribadu wants to be president in 2031. He has to eliminate every northerner that he thinks is on the radar.”
Headlines
IBB’s Revelation: Ohanaeze Demands N10trn Compensation, National Apology
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Following the revelation by former Military President, Gen. Ibrahim Babangida in his book, “A Journey in Service” that the 1966 coup was not an Igbo coup as alleged, Igbo apex group, Ohanaeze Ndigbo, on Sunday, February 23, has demanded an apology and N10 trillion as compensation from President Bola Tinubu to the Igbos.
In his book, Babangida revealed that the primary objective of the coup plotters was to release Chief Obafemi Awolowo from prison and install him as Prime Minister. He emphasized that the involvement of officers from different ethnic backgrounds, including non-Igbo officers such as Major Adewale Ademoyega, Captain Ganiyu Adeleke, and Lieutenants Fola Oyewole and Olafimihan, further invalidates the claim that it was an Igbo-driven coup.
Additionally, some senior Igbo officers were also victims of the coup, such as Lt-Col. Arthur Chinyelu Unegbe, who was executed by fellow officer Major Chris Anuforo. This further weakens the argument that the coup was designed to serve Igbo interests.
Furthermore, Babangida pointed out that the coup was ultimately crushed by Major John Obienu, an officer of Igbo extraction, reinforcing the argument that it was not an ethnic uprising but rather a failed military intervention with specific political objectives.
Reacting, Ohanaeze noted that the story surrounding the coup at the time, unleashed disastrous repercussions on the Igbo people, which ultimately led to the cataclysmic horrors of the Biafra War.
In a statement by the Deputy National President of the Ohanaeze faction, Okechukwu Isiguzoro, the group noted that the apology and compensation had become necessary due to the ”staggering loss of life, with approximately three million Igbo—predominantly innocent women and children—slaughtered during the war.”
It stated that the revelations by IBB would compel Nigerians to confront the alleged ‘’stark injustices perpetrated against the Igbo people.”
The statement added that the demand for ten trillion naira in reparations remained steadfast, stressing that the figure was not arbitrary but a symbolic recognition of the ‘’huge losses the Igbo people had endured since the creation of Nigeria.”
The statement read:
“The apex Igbo socio-cultural organization, Ohanaeze Ndigbo, extends its profound appreciation to General Ibrahim Badamasi Babangida (IBB) for his remarkable courage in officially declaring that the January 1966 coup was unequivocally not an Igbo coup.
“This pivotal acknowledgement is not merely a correction of historical nomenclature but a significant moment in our collective pursuit of justice and reconciliation, signalling a potential end to the historical vindictiveness and cruelty that have been pervasive in Federal Government policies towards the Igbo Nation.
“His forthright exemption of the Igbo from the egregious classification as enemies of the Northern region in the aftermath of the coup is both timely and necessary, even if it arrives decades later.
“The mislabeling of the January 1966 coup has unleashed disastrous repercussions upon the Igbo people, most tragically culminating in the July 1966 counter-coup, which decimated a military Head of State of Igbo descent.
“The staggering loss of life, with approximately three million Igbos—predominantly innocent women and children—slaughtered during this conflict, continues to reverberate through our collective consciousness.
“Furthermore, even in the post-Biafra era, the Igbo Nation continues to grapple with systemic injustices, evidenced by acute marginalisation that leaves us with the smallest representation of states within the Nigerian federation.
“The political conspiracies designed to deny the Igbo the rights to ascend to the highest office in the land—Nigeria’s Presidency—the chronic economic neglect symbolised by the closure of the Calabar seaport, the inoperative state of several ports in Igbo land, the implementation of a discriminatory quota system, and the conspicuous absence of functional international airports in the Southeast starkly illustrate the Federal Government’s long-standing policy of exclusion.
“In light of these egregious injustices and the deliberate neglect exhibited by successive administrations, Ohanaeze Ndigbo hereby restates its demands, as articulated previously during the Justice Oputa-led Judicial Commission for the Investigation of Human Rights Violations Panel in 1999.
“We assert that the Nigerian Federal Government, under General Yakubu Gowon, conducted indiscriminate and unjustified bombardments in Igbo territory during the Nigeria-Biafra War, resulting in overwhelming loss of life. These historical realities establish an irrefutable case for the reparations we seek.
“The present Federal Government, led by President Bola Ahmed Tinubu, must recognise this moment as an opportunity to extend a public and unequivocal apology on behalf of previous military regimes. Our demand for ten trillion naira in reparations remains steadfast.
“This figure is not arbitrary but a symbolic recognition of the indelible losses the Igbo people have endured. The time has come for true acknowledgement of these historical wrongs, which can only be rectified through both reparations and sincere apologies.”
Source: LIB