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We don’t have gas to run power plants, says NDPHC MD
Chiedu Ugbo, managing director of Niger Delta Power Holding Company (NDPHC), says there is no gas to run the power plants across the country.
Last week, the lawmakers asked the federal government to suspend the planned sale of the NDPHC assets.
The lower legislative chamber also mandated its committees on power and privatisation and commercialisation to investigate the matter.
Speaking at the public hearing on Wednesday, Ugbo said efforts to procure gas to run the plants have yielded little result.
“We have been to many places to look for gas, even in Geregu, we don’t have a single molecule of gas. Papalanto, the same thing. There’s no gas anywhere to run these plants which is a huge constraint”, he said.
“The NDPHC has 10 power plants with the generation capacity of over 5000 megawatts. In addition to power generation, the National Infrastructure Protection Plan (NIPP) also intervenes in transmission projects, of which we have 41 of them.
“We added 6460MVA and 2686 kilometres of high tension kV lines for the Transmission Company of Nigeria.
TCN is using these assets now but the legal transfer is yet to be done to get the TCN to pay for them.
“All states of the federation are beneficiaries of our distribution intervention. 374 distribution projects such as injection substations, over 4000 11kva lines which once finished will be transferred to the distribution companies for use following the legal transfer is completed.
“We have deployed 20,000 units of solar home systems to homes in communities that hitherto never knew what electricity looked like”.
Ugbo said the NDPHC board will meet Vice-President Yemi Osinbajo on July 29, to discuss the sale of assets.
However, the Coalition of Northern Group (CNG) kicked against the planned privatisation of the NDPHC.
Balarabe Rufai, who spoke on the groups behalf, said the move to sell the assets will cripple the economic fortune of the north.
“The CNG does not wish to remain silent or passive and allow things that affect the North and potentially cause greater economic instability in the country to continue unchecked,” he said.
“Having studied the situation carefully, we consider that the current privatisation move is part of the several schemes to cripple the North economically by shortchanging it in the NDPHC project in which it is a major stakeholder.
“We demand immediate and unconditional discontinuation of this or any subsequent move to privatize the said assets and immediate and complete reversal and observance of the initial agreement to revolve the power generation projects to the North.
Rufai said the coalition will challenge the planned sale of the assets in court, if the federal government does not “involve the region in the discourse to determine, in the context of the applicable policy, legal and regulatory framework”.
The committees ruled that the Central Bank of Nigeria (CBN), ministry of finance, Bureau of Public Enterprise among other agencies, appear before it to explain their involvement in the planned privatisation.
News
FG Seals Plateau Mine After 37 Killed in Toxic Gas Tragedy
FG Seals Plateau Mine After 37 Killed in Toxic Gas Tragedy
The Federal Government has ordered the immediate closure of a mining site in Zuraq, Wase Local Government Area of Plateau State, following the death of 37 miners in a suspected toxic gas exposure.
Minister of Solid Minerals Development, Dr. Dele Alake, directed that the site be sealed to prevent further casualties and pave the way for a comprehensive investigation into the tragedy.
According to local authorities, the victims were exposed to poisonous gaseous emissions in the early hours of Tuesday while working in an underground pit. At least 25 other miners are currently receiving treatment in hospital.
In a statement issued in Abuja by his Special Assistant on Media, Segun Tomori, the minister disclosed that the affected site falls under Mining Licence 11810, operated by Solid Unit Nigeria Limited and owned by Abdullahi Dan-China.
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Alake said a high-level investigative team led by the ministry’s Permanent Secretary, Yusuf Yabo, has been deployed to the area to determine both the immediate and remote causes of the disaster and recommend appropriate sanctions. The team comprises mining engineers, environmental compliance officers and experts in artisanal mining operations.
Preliminary findings indicate that the licensed operator allegedly ceded the pit to members of the host community following agitation for economic empowerment. The area, reportedly an abandoned lead site, contained stored minerals capable of emitting sulphuric oxide — a hazardous substance.
Unaware of the danger, villagers engaged in mining activities and were exposed to the toxic fumes.
The minister described the incident as a tragic loss of innocent Nigerians striving to make a living and extended condolences to Plateau State Governor Caleb Mutfwang and families of the victims.
He assured that further updates would be provided as investigations progress, stressing the government’s commitment to enforcing safety and environmental standards in the mining sector.
FG Seals Plateau Mine After 37 Killed in Toxic Gas Tragedy
News
Tinubu Ends NNPCL Oil Revenue Deductions, Orders Full FAAC Remittance
Tinubu Ends NNPCL Oil Revenue Deductions, Orders Full FAAC Remittance
President Bola Ahmed Tinubu has signed a sweeping executive order mandating the direct remittance of all oil and gas revenues into the Federation Account Allocation Committee (Federation Account Allocation Committee), in what is regarded as one of the most significant fiscal reforms since the enactment of the Petroleum Industry Act (PIA).
The directive, announced by presidential spokesperson Bayo Onanuga, requires that all proceeds from royalty oil, tax oil, profit oil, and profit gas be paid in full into the federation account without deductions, before statutory distribution to the federal, state, and local governments.
A central element of the order strips Nigerian National Petroleum Company Limited (NNPCL) of its long-standing 30 per cent management fee on profit oil and profit gas, a deduction that has repeatedly drawn criticism for significantly reducing funds available for sharing among the three tiers of government. The presidency said the practice undermined constitutional revenue entitlements and weakened public finances.
In addition, the president directed that the 30 per cent Frontier Exploration Fund created under the PIA will no longer be retained or managed by NNPCL. Instead, all funds previously set aside under the arrangement will now flow directly into the federation account for FAAC distribution, altering the financing structure for frontier basin exploration activities.
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The executive order also affects the handling of gas flare penalties. Payments into the Midstream and Downstream Gas Infrastructure Fund have been suspended, with all proceeds from gas flaring penalties now to be paid directly into the federation account. Officials said existing environmental remediation frameworks already cover such obligations, making the additional fund unnecessary.
According to the presidency, the reforms are aimed at blocking overlapping deductions, including management fees and profit retentions, which collectively divert more than two-thirds of potential oil and gas revenues before they reach FAAC. President Tinubu warned that shrinking net oil revenues pose serious risks to national budgeting, debt sustainability, and overall economic stability.
The president emphasised that the new framework will reposition NNPCL strictly as a commercially driven national oil company, removing quasi-fiscal responsibilities while strengthening transparency, accountability, and oversight in Nigeria’s oil and gas revenue management.
To ensure effective implementation, Tinubu approved the establishment of an inter-ministerial committee comprising senior officials from the economic management team, justice sector, and relevant regulatory agencies. The committee is expected to coordinate legal, financial, and operational steps required for immediate compliance.
The president also signalled plans for a broader review of the Petroleum Industry Act, indicating that further amendments may be pursued to address structural and fiscal concerns raised by stakeholders, particularly state governments.
With oil and gas revenues remaining central to Nigeria’s fiscal health, the executive order represents a decisive move to tighten revenue flows, strengthen FAAC allocations, and reinforce fiscal federalism across the country.
Tinubu Ends NNPCL Oil Revenue Deductions, Orders Full FAAC Remittance
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BREAKING: Tinubu Assents to 2026 Electoral Act, Sets Stage for 2027 Elections
BREAKING: Tinubu Assents to 2026 Electoral Act, Sets Stage for 2027 Elections
President Bola Ahmed Tinubu has signed the 2026 Electoral Act Amendment into law, setting the legal framework for Nigeria’s 2027 general elections.
The signing ceremony took place on Wednesday at the Presidential Villa in Abuja, with Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas in attendance.
The new law, formally known as the 2026 Electoral Act (Amendment) Bill, was recently harmonised and passed by both chambers of the National Assembly amid debate and opposition from minority lawmakers.
The legislative process leading to the signing saw intense deliberations in both the Senate and the House of Representatives. Lawmakers constituted a joint conference committee to reconcile differences between their respective versions of the bill before transmitting the harmonised document to the President for assent. Earlier, Senate President Akpabio had indicated during an emergency plenary session that the President was expected to sign the amended bill before the end of February. That projection materialised within days.
One of the most significant changes introduced by the 2026 Electoral Act is the reduction of the mandatory notice period for general elections from 360 days to 300 days. Lawmakers explained that the adjustment is intended to give the Independent National Electoral Commission (INEC) greater operational flexibility in planning and conducting elections without breaching statutory timelines.
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The issue of electronic transmission of election results generated considerable debate throughout the amendment process. Under the new law, electronic transmission is permitted, while manual collation remains legally recognised, particularly in areas where technical or connectivity challenges arise. INEC retains the authority to issue detailed regulations and guidelines governing how results are transmitted and managed. Supporters argue the compromise reflects operational realities, while critics maintain that the changes may weaken transparency safeguards introduced in previous reforms.
Beyond these headline issues, the amended Act also makes adjustments to party primary timelines, candidate nomination processes, and collation procedures. It includes technical corrections across multiple clauses to improve clarity, reduce ambiguities, and strengthen administrative consistency ahead of the 2027 polls.
With presidential assent now secured, the 2026 Electoral Act becomes the binding legal framework governing presidential, National Assembly, governorship, and state House of Assembly elections. INEC is expected to review and align its regulations and operational guidelines with the new provisions as preparations intensify for the 2027 general elections.
The signing marks a pivotal moment in Nigeria’s democratic process, with political parties, civil society groups, and voters closely watching how the revised electoral framework will shape the next election cycle.
BREAKING: Tinubu Assents to 2026 Electoral Act, Sets Stage for 2027 Elections
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