News
Ugas Stuns Pacquiao To Retain WBA Welterweight Crown
Cuba’s Yordenis Ugas sent Manny Pacquiao spinning to a dramatic upset defeat on Saturday, outclassing the Filipino boxing icon with a composed unanimous points victory at the T-Mobile Arena.
In his first fight after a two-year absence from the ring, Pacquiao was made to look every bit of his 42 years as the younger Ugas dominated with a stinging jab and cleaner punching to retain his WBA welterweight belt.
Ugas, 35, had only been drafted in to face Pacquiao earlier this month after the eight-division world champion’s original opponent Errol Spence Jr. suffered an eye injury in training.
But the defending champion seized his opportunity brilliantly to win on all three cards, with one judge scoring it 115-113 and two others 116-112.
“That’s boxing,” a deflated Pacquiao said afterwards.
“I had a hard time in the ring making adjustments. My legs were tight. I’m sorry I lost tonight, but I did my best.”
It was a sweet victory for Ugas, who had been awarded the WBA title after Pacquiao was stripped of the belt by the sanctioning body earlier this year for inactivity.
“I’m very excited but most of all, I want to thank Manny Pacquiao for giving me this opportunity in the ring today,” said Ugas, who improves to 27-4 with 12 knockouts. “We only had two weeks of training but I listened to my corner and it all worked out.
“I told you I am the champion of the WBA and I showed it tonight. A lot of respect for (Pacquiao), but I won the fight.”
The defeat is almost certain to renew doubts about Pacquiao’s future in the sport he has graced through 72 fights spanning 26 years since 1995.
However Pacquiao could have few complaints about the eighth defeat of his glittering career.
Although the Filipino was aggressive throughout, advancing with flurries of punches from the opening round, few of his blows did inflicted damage on Ugas, who cleverly used his advantages in reach and height to frustrate Pacquiao.
Ugas meanwhile scored consistently with crisper punches that often rocked Pacquiao back on his heels.
Ugas’s jolting left jab caused problems for Pacquiao throughout, and he repeatedly did damage with a series of powerful rights.
After a cagey opening round, Ugas quickly asserted himself in the middle rounds, startling Pacquiao with a left-right combination in the fifth before ending the sixth with another hard right.
A T-Mobile crowd of 17,438 tried to rally Pacquiao with chants of “Manny, Manny” throughout but the Filipino’s legion of admirers grew steadily more subdued as the rounds wore on.
Pacquiao, with a cluster of red marks on his cheek and forehead a testament to Ugas’s increasing effectiveness, continued to come forward as he sought a big round to change the complexion of the contest.
But Ugas would not be denied, and he had Pacquiao scrambling onto the defensive once again after landing a double left jab and a right hook in quick succession in the 10th, before closing out the final rounds to win.
News
BREAKING: Tinubu Allegedly Shakes Up Cabinet, Removes Wale Edun, Ahmed Dangiwa
BREAKING: Tinubu Allegedly Shakes Up Cabinet, Removes Wale Edun, Ahmed Dangiwa
President Bola Ahmed Tinubu has reportedly approved a minor cabinet reshuffle involving key changes in the Federal Executive Council (FEC), including the removal of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, alongside the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa.
The development was said to have been contained in a memo signed by the Secretary to the Government of the Federation (SGF), Senator George Akume, directing immediate transition processes across the affected ministries.
Wale Edun, Dangiwa Relieved of Ministerial Duties
According to the reported directive, Wale Edun has been asked to hand over duties at the Ministry of Finance and Coordinating Minister of the Economy. Similarly, Arc. Ahmed Musa Dangiwa is to vacate his position as Minister of Housing and Urban Development.
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The memo reportedly instructed that all handover processes be concluded on or before close of business on Thursday, April 23, 2026, ensuring a smooth administrative transition within the affected ministries.
Succession Arrangements and Ministerial Changes
The document further stated that Mr. Taiwo Oyedele has been named as the incoming Minister of Finance and Coordinating Minister of the Economy, following Edun’s exit.
In the housing ministry, Dr. Muttaqha Rabe Darma has reportedly been nominated as Minister-designate for the Ministry of Housing and Urban Development, pending formal confirmation procedures. Until then, Dangiwa has been directed to hand over to the Minister of State within the ministry.
Presidency Explains Reason for Reshuffle
Explaining the development, SGF George Akume was quoted as saying the changes are aimed at improving cohesion, synergy in governance, and economic delivery under the administration’s Renewed Hope Agenda.
He added that President Tinubu acted within his constitutional powers under Sections 147 and 148 of the 1999 Constitution (as amended), emphasizing that cabinet adjustments remain part of ongoing efforts to improve governance efficiency.
Presidential Appreciation and Next Steps
The memo also reportedly conveyed President Tinubu’s appreciation to outgoing ministers for their service to the nation, while wishing them success in their future engagements. It further indicated that the President assured Nigerians and cabinet members that government reinvigoration efforts will continue periodically.
BREAKING: Tinubu Allegedly Shakes Up Cabinet, Removes Wale Edun, Ahmed Dangiwa
News
Power Firm to Hold Virtual Stakeholder Meeting on Rainy Season Electrical Safety
Power Firm to Hold Virtual Stakeholder Meeting on Rainy Season Electrical Safety
A power distribution company has announced plans to hold its April Virtual Stakeholder Engagement aimed at educating customers on safety measures during the rainy season.
In a notice issued to customers, the company said the virtual session would focus on the dangers associated with exposed electrical wires, flooded installations, and the increased risk of electric shock that often accompanies heavy rainfall.
The engagement, scheduled for Thursday, April 23, 2026, from 11:00 a.m. to 1:00 p.m., will be held via Microsoft Teams, allowing participants to join remotely.
According to the company, the initiative is part of efforts to promote public safety and reduce electricity-related accidents during the rainy season, when infrastructure is more vulnerable and risks are heightened.
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Beyond safety concerns, the session will also provide practical tips to help customers navigate the season safely, including guidance on energy efficiency to reduce consumption and costs.
The company further disclosed that it would share updates on its waste-management support initiatives targeted at public schools, as part of its broader corporate social responsibility programmes.
Customers and other stakeholders are encouraged to participate in the session to gain valuable insights and contribute to discussions aimed at improving safety and sustainability in communities.
The company reiterated its commitment to customer welfare, urging the public to remain vigilant and adhere to recommended safety practices during the rainy season.
Power Firm to Hold Virtual Stakeholder Meeting on Rainy Season Electrical Safety
News
NERC: Only 15 States Fully Regulating Electricity Markets Under New Law
NERC: Only 15 States Fully Regulating Electricity Markets Under New Law
Twenty-one states, including Rivers State and Kano State, have yet to assume full regulatory control of their electricity markets nearly three years after the enactment of the Electricity Act 2023, even as 15 states have successfully transitioned to independent electricity regulation under Nigeria’s decentralised power framework.
The Nigerian Electricity Regulatory Commission (NERC) confirmed that the 15 states that have completed the transition now operate their own electricity markets, handling tariff regulation, licensing, investment promotion, and consumer protection within their jurisdictions.
The reform is part of the broader implementation of the Electricity Act 2023, which decentralises Nigeria’s power sector by empowering states to regulate generation, transmission, and distribution within their territories after meeting legal and institutional requirements.
15 states now operating independent electricity markets
According to NERC, 15 states have fully completed the transition process and are now independently regulating their electricity sectors. These states include Enugu, Ekiti, Ondo, Imo, Oyo, Edo, Kogi, Lagos, Ogun, Niger, Plateau, Abia, Nasarawa, Anambra, and Bayelsa.
The commission explained that the transition began in October 2024 with Enugu and Ekiti, followed shortly by Ondo. The process gained momentum in 2025, with states such as Lagos, Oyo, Ogun, and Edo completing their transitions. More recent entries include Nasarawa, Anambra, and Bayelsa in early 2026.
Under the new structure, these states now oversee intrastate electricity regulation, including issuing licenses, enforcing technical standards, setting local tariffs, and protecting electricity consumers.
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21 states yet to complete transition
However, 21 states are yet to complete the process of taking over regulatory control of their electricity markets. These include Adamawa, Akwa Ibom, Bauchi, Benue, Borno, Cross River, Delta, Ebonyi, Gombe, Jigawa, Kaduna, Kano, Katsina, Kebbi, Kwara, Osun, Rivers, Sokoto, Taraba, Yobe, and Zamfara.
Energy experts say the delay could slow down the expected benefits of the Nigeria electricity sector reform, including improved power supply, localised tariff structures, and increased investment in mini-grids and embedded generation projects.
They also warn that uneven implementation could widen disparities in electricity access and investment across states.
What the Electricity Act 2023 provides
Under the Electricity Act 2023, once a state completes its transition, it establishes its own electricity regulatory commission responsible for overseeing all intra-state electricity operations.
The national regulator, NERC, retains oversight of interstate electricity trade and the national grid system.
State regulators are expected to drive local electricity market development by encouraging private investment, supporting renewable energy projects, and ensuring service quality standards across distribution networks.
However, NERC noted that some states that have declared transition still need to fully operationalise their regulatory institutions.
Federal government push for decentralisation
The Federal Government has repeatedly encouraged states to accelerate adoption of the reform, describing decentralisation as essential to solving Nigeria’s long-standing electricity challenges.
Minister of Power, Adebayo Adelabu, said Nigeria’s size and population make centralised electricity management ineffective.
He explained that the Electricity Act allows states to participate in all segments of the power sector value chain, including generation, transmission, distribution, and supporting services.
Adelabu also stressed the importance of collaboration between federal and state regulators to ensure alignment between wholesale and retail electricity markets.
He added that state participation is especially critical in off-grid electrification and rural power projects, where flexible local regulation can improve access and attract investment.
Outlook for Nigeria’s power reform
Stakeholders say the success of Nigeria’s electricity decentralisation reform will depend on how quickly the remaining 21 states establish functional regulatory frameworks and fully activate their electricity markets.
They warn that delays may limit investment inflows and slow down efforts to improve electricity supply reliability across the country.
Despite the uneven progress, the Electricity Act 2023 remains one of the most significant structural reforms in Nigeria’s power sector, aimed at creating a more competitive and efficient electricity market.
NERC: Only 15 States Fully Regulating Electricity Markets Under New Law
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