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FG clarifies electricity tariff increase reports

Published

1 year ago

February 3, 2025

Special Adviser to the President on Energy, Olu Verheijen

FG clarifies electricity tariff increase reports

The Federal Government on Monday addressed recent media reports regarding a potential 65% increase in electricity tariffs.

Special Adviser to the President on Energy, Olu Verheijen emphasised that the reports misrepresented her earlier statements.

She clarified that while tariffs currently cover approximately 65% of the actual cost of electricity supply, the government remains committed to ensuring fair pricing without imposing immediate hikes.

Verheijen was quoted as saying during the Mission 300 Energy Summit in Dar es Salaam, Tanzania, that the current power tariffs would rise by about two-thirds.

She was further quoted as saying Nigeria’s power prices need to rise by about two-thirds for many customers in order to reflect the cost of supplying it, adding that an increase should be expected within months.

She explained that the higher electricity tariffs, which need to be balanced by subsidies for less-affluent consumers, are required to fund the maintenance necessary to improve reliability and to attract private investors into power generation and transmission.

“Nigeria’s power prices need to rise by about two-thirds for many customers to reflect the cost of supplying it. Higher electricity tariffs, which need to be balanced by subsidies for less-affluent consumers, are required to fund the maintenance needed to improve reliability and to attract private investors into power generation and transmission.

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“One of the key challenges we’re looking to resolve over the next few months is transitioning to a cost-efficient but cost-reflective tariff,” Bloomberg quoted Verheijen as saying.

But in a statement she personally signed, she stressed that at the forefront of the government’s strategy is the Presidential Metering Initiative (PMI), which aims to roll out 7 million prepaid smart meters across the country starting in 2025.

The initiative is designed to eliminate the long-standing practice of estimated billing that has plagued consumers.

“This rollout will empower consumers by providing them with accurate billing based on their actual usage, thereby enhancing transparency in electricity charges,” Verheijen stated.

She added that the introduction of smart meters is expected not only to boost consumer confidence but also to improve revenue collection within the power sector, facilitating much-needed investments in Nigeria’s energy infrastructure.

In addition to metering reforms, the Federal Government is actively working on restructuring its electricity subsidy programme.

FG clarifies electricity tariff increase reports

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Court Orders DIA to Produce Cleric Accused of Coup Plot by February 18

Published

11 hours ago

February 13, 2026

Trends Admin

Sheikh Sani Abdulkadir Zaria

Court Orders DIA to Produce Cleric Accused of Coup Plot by February 18

A Federal High Court in Abuja has directed the Defence Intelligence Agency (DIA) to produce Sheikh Sani Abdulkadir Zaria, an Islamic cleric accused of plotting a coup against President Bola Tinubu’s government, before the court on February 18, 2026. The order follows a fundamental rights enforcement suit filed on behalf of the cleric challenging the legality of his detention.

Justice Peter Lifu emphasised that in a democratic society, all security and intelligence agencies are subordinate to civil authority, noting that every citizen is entitled to protection under Sections 36(1), (5), and (6) of the 1999 Constitution. He also reminded authorities that Nigeria’s commitments to international human rights conventions require strict adherence to lawful detention procedures.

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The suit, filed by Sheikh Zaria’s legal team led by Sunusi Musa (SAN), Abdul Aliyu (SAN), and Mohammed Sheriff, names the DIA, the Economic and Financial Crimes Commission (EFCC), the Attorney General of the Federation and Minister of Justice, and Jaiz Bank Plc as respondents. The lawyers are seeking either the cleric’s release or an explanation for his continued detention.

During Thursday’s hearing, DIA counsel I.O. Odom Esq informed the court that the cleric was being held on behalf of the Defence Headquarters, but could not provide a valid detention order. The EFCC’s counsel, M.C. Odimbaiwe Esq, supported this position. Justice Lifu adjourned the matter and set February 18 for the DIA to produce Sheikh Zaria or justify his detention, warning that failure to do so could influence the outcome of the rights enforcement case.

Family sources linked Sheikh Zaria’s detention to an ₦2 million gift sent to the cleric’s account by an adherent connected to a suspect in the broader coup allegation. Since December 11, 2025, the cleric has reportedly been held in “safe custody” without access to family or associates, prompting his lawyers to argue that his fundamental rights have been violated.

The case underscores ongoing concerns about civil liberties, human rights, and lawful detention in Nigeria, particularly in high-profile national security investigations. The court’s ruling will be closely watched as it addresses the balance between state security and individual rights.

Court Orders DIA to Produce Cleric Accused of Coup Plot by February 18

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End of Weekly Shutdown: Igboho Advocates Negotiation to Resolve Kanu’s Legal Battle

Published

12 hours ago

February 13, 2026

Trends Admin

Yoruba nation activist, Chief Sunday Adeyemo, popularly known as Sunday Igboho and Leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu

Leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu and Yoruba nation activist, Chief Sunday Adeyemo, popularly known as Sunday Igboho

End of Weekly Shutdown: Igboho Advocates Negotiation to Resolve Kanu’s Legal Battle

Yoruba nation activist, Chief Sunday Adeyemo, popularly known as Sunday Igboho, has called on the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, to engage in constructive dialogue with the Federal Government following the formal end of the controversial Monday sit‑at‑home directive across the South‑East region.

In a statement issued on Friday by his legal counsel, Pelumi Olajengbesi, Igboho applauded Kanu for suspending the weekly protest, which had disrupted economic and social activities in the region for over five years. The directive, first introduced in August 2021, led to periodic shutdowns of markets, offices, schools, and transport services, severely affecting local businesses and daily life.

Describing the suspension as a “thoughtful and necessary” step, Igboho noted that ending the sit‑at‑home signals a shift toward constructive engagement and could help restore stability and economic normalcy in the South‑East. He said the move represents the conclusion of a five-year period of economic disruption that has hampered growth and development in the region.

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Beyond applauding the abolition of the civil disobedience measure, Igboho urged Kanu to adopt a conciliatory approach, opening channels for mediation and negotiation with the Federal Government. He emphasised that sustained dialogue could help break the deadlock surrounding Kanu’s legal battle and potentially pave the way for a political resolution to longstanding grievances.

Igboho also warned that those who profit from the destabilisation and violence in the South‑East should desist, highlighting the importance of peace for the economic recovery and prosperity of the region and the nation at large.

“This is a critical moment for the South‑East. True progress depends on dialogue, compromise, and the willingness of all parties to engage constructively,” the statement read. Igboho’s remarks reflect a growing call among activists and stakeholders for peaceful resolution and collaboration to ensure lasting stability in the region.

The end of the Monday sit‑at‑home has been welcomed by several civil society groups and business leaders, who view it as a key step toward restoring normalcy, resuming commerce, and promoting social cohesion in the South‑East.

End of Weekly Shutdown: Igboho Advocates Negotiation to Resolve Kanu’s Legal Battle

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EFCC Nabs Three in Borno Over Viral ₦500 Naira Mutilation Video

Published

12 hours ago

February 13, 2026

Trends Admin

The suspects were arrested following a viral video circulated on social media where they were seen cleaning mucus from their noses using N500 Naira notes

EFCC Nabs Three in Borno Over Viral ₦500 Naira Mutilation Video

The Economic and Financial Crimes Commission (EFCC) has arrested three suspects in Maiduguri, Borno State, over alleged naira mutilation following a viral social media video showing them misusing the Nigerian currency.

In a statement issued on Thursday by its Head of Media and Publicity, Dele Oyewale, the anti-graft agency disclosed that the suspects — Adam Muhammad, Muhammad Muhammad, and Bashir Musa — were apprehended by operatives of the EFCC’s Maiduguri Zonal Directorate.

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According to the commission, the trio was seen in a widely circulated video cleaning mucus from their noses using ₦500 naira notes, an act described as abuse and defacement of the national currency.

The statement said the suspects were traced and arrested within the Maiduguri metropolis shortly after the video surfaced online and triggered public reactions.

They are currently being held at the EFCC’s Maiduguri detention facility while investigations continue. The commission added that the suspects would be charged to court upon the conclusion of investigations.

Under the Central Bank of Nigeria (CBN) Act, abuse, defacement, spraying, or improper handling of the naira constitutes an offence punishable under Nigerian law. The EFCC has in recent months intensified its crackdown on cases involving naira abuse and currency mutilation across the country.

The latest arrest underscores the agency’s renewed enforcement drive aimed at protecting the integrity of Nigeria’s legal tender.