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FG promises to clear N4tn debt owed GenCos
FG promises to clear N4tn debt owed GenCos
The Federal Government of Nigeria has owned up to owing the Power Generation Companies (GenCos) for electricity generated the whopping debt of N4 trillion.
It also said plans were already underway to offset the hefty debt.
Mr Bola Tunji, Special Adviser, Strategic Communications and Media Relations, to the Minister of Power made this known in an interview with the News Agency of Nigeria (NAN) in Abuja on Tuesday.
Tunji was reacting to a statement by the GenCos appealing to the Federal Government and stakeholders in the power sector to settle the more than N4 trillion debt owed them for electricity generated.
According to him, the Minister of Power is very much concerned and the issue is being discussed with the ministry of finance on how the debt would be paid.
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“We expect the Ministry of Finance to take action on this soon.
“We are not unaware of this debt arising from the Federal Government’s commitment on subsidy. Part of the debts is legacy debts, which were on the ground before the minister of power assumed office.
“The minister has repeatedly harped on this, knowing the implication of such debts to the operations of the various power sector stakeholders, especially the GenCos ,” he said.
The News Agency of Nigeria (NAN) reports that the Association of Power Generation Companies (APGC), in a statement said that GenCos were currently owed N2 trillion for power supplied in 2024 and N1.9 trillion in legacy debt.
In the statement issued by retired Col Sani Bello, Chairman Board of Trustees of APGC, the GenCos also noted that the cash liquidity was currently threatening the continued operation of their power generating plants.
“Besides being owed huge debts, the GenCos were also operating under very harsh monetary and fiscal conditions.
“It is no more news that the GenCos have continued to bear the brunt of the liquidity crisis in the Nigerian Electricity Supply Industry (NESI),” he said.
FG promises to clear N4tn debt owed GenCos
metro
Autopsy Confirms Destiny Boy Died from Toxic Substances
Autopsy Confirms Destiny Boy Died from Toxic Substances
The tragic death of 22-year-old Afrofuji singer Afeez Adesina, popularly known as Destiny Boy, has been clarified following the release of his official autopsy report. The findings confirm that toxic substances, including tramadol and methamphetamine, were present in his system and played a critical role in his untimely passing.
Destiny Boy passed away on January 17, 2026, a loss that sparked intense speculation on social media, with videos circulating showing his body being transported to a mortuary. These clips fueled public concern and rumours about the circumstances of his death. (pmnewsnigeria.com)
According to the Ogun State Police Command, the Homicide Section of the State Criminal Investigation Department (SCID) carried out the autopsy. The toxicology report detected dangerous levels of tramadol, its metabolites, and methamphetamine in Destiny Boy’s body. The official cause of death was determined to be aspiration pneumonitis, a severe lung inflammation resulting from the ingestion of these substances. (lindaikejisblog.com)
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DSP Babaseyi Oluseyi, Police Public Relations Officer, confirmed that at least one suspect has been arrested in connection with the singer’s death and that investigations are ongoing. The police emphasized that the case remains under careful examination to determine all contributing factors.
Destiny Boy, who first gained recognition in 2019 for his Fuji rendition of Davido’s “If”, later covered popular tracks by Tekno, 2Baba, 9ice, and Small Doctor. His original songs, including Lamba, One Transaction, Gbese, Billion Dollar, Mio Gbonkankan, and Lowkey, solidified his rising fame in Nigeria’s music industry. He also welcomed his first child with partner Iremide in November 2024.
The autopsy report has provided much-needed clarity after months of uncertainty and public debate surrounding Destiny Boy’s sudden death, highlighting the dangers of substance misuse among young entertainers. Fans and industry colleagues have expressed deep sorrow while advocating for awareness on drug safety and mental health support in the entertainment industry. (tell.ng)
Autopsy Confirms Destiny Boy Died from Toxic Substances
metro
DHQ Reveals Over 60% of Terrorist Fighters Not Ideologically Driven
DHQ Reveals Over 60% of Terrorist Fighters Not Ideologically Driven
The Defence Headquarters (DHQ) has disclosed that more than 60 percent of terrorists and armed fighters in Nigeria are not motivated by ideology, but are individuals who were coerced, abducted, or caught up in conflict dynamics. The military says this highlights the need for tailored deradicalisation, rehabilitation, and reintegration programmes to address insecurity across the country.
Brigadier General Yusuf Ali, National Coordinator of Operation Safe Corridor (OPSC), revealed during a press briefing in Abuja that many individuals surrendering from armed groups such as Boko Haram and its splinter factions are low-risk combatants often forced into violent networks due to survival, economic pressures, or coercion. According to OPSC data, thousands of former fighters have been successfully rehabilitated and reintegrated into society since the programme’s inception in 2016.
Launched in 2016, Operation Safe Corridor is a federal government-led non-kinetic counter-insurgency programme coordinated by the DHQ in collaboration with agencies including the Ministry of Justice and Nigeria Police. The initiative encourages voluntary surrender, provides deradicalisation training, and facilitates reintegration into civilian life.
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General Ali emphasised that the programme is evolving to address regional realities and cater to the specific needs of affected communities. He said new plans include establishing Victims’ Rehabilitation and Reintegration Camps in the North-West and North-Central regions, such as the DRR camp in Tsafe, Zamfara State, and a planned facility in Benue, to help victims of violent extremism recover from trauma, displacement, and loss.
“The programme is evolving to become more victim-sensitive,” Ali said. “Sustainable peace cannot be achieved if victims of conflict feel neglected. Many live with deep psychological scars, and addressing that trauma is as important as rehabilitating ex-combatants.”
The OPSC Coordinator also stressed that misconceptions about the programme persist. He clarified that OPSC is not amnesty, not a shortcut to evade justice, and not a recruitment pathway into the Armed Forces. The government is working to enhance public understanding through stakeholder engagement, media campaigns, and partnerships with agencies such as the Office of the Special Presidential Envoy on Reconstruction and Rehabilitation.
Experts say that understanding that the majority of fighters are not ideologically committed could help shape more effective deradicalisation and reintegration strategies, addressing root causes like coercion, poverty, lack of education, and social exclusion. The DHQ’s findings underscore the importance of combining military operations with community-focused rehabilitation to achieve lasting peace in conflict-affected regions.
DHQ Reveals Over 60% of Terrorist Fighters Not Ideologically Driven
metro
Fire Engulfs Yaba Market in Lagos, Traders Suffer Huge Losses
Fire Engulfs Yaba Market in Lagos, Traders Suffer Huge Losses
A major fire outbreak has ravaged a popular market in the Yaba area of Lagos State, destroying shops and goods worth millions of naira and causing panic among traders and residents. The blaze reportedly started in the early hours of Saturday around 3 a.m., quickly spreading across several sections of the market.
Eyewitnesses described the scene as chaotic, with thick smoke and flames consuming parts of the market near the Popo section. Traders and locals desperately tried to salvage their belongings, but much of the property was lost in the inferno. Videos circulating on social media captured the intensity of the fire and the frantic efforts of residents to control it.
An eyewitness, identified as Lugar Feliz during a TikTok livestream, said firefighters were on the scene but faced challenges in containing the blaze, with claims that some fire trucks lacked sufficient water. Several social media users on X (formerly Twitter) raised alarms about the incident, sharing videos and updates as the fire spread.
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Traders affected by the fire lamented the financial losses. One resident, Adeoluwa, said he woke up to find shops behind his completely razed, estimating that billions of naira worth of goods may have been destroyed. Other reports suggest that hundreds of traders lost merchandise, highlighting the devastating economic impact on small business owners.
As of now, the cause of the fire remains unknown, and authorities, including the Lagos State Fire and Rescue Service, have not released an official statement on the full extent of damage or whether there were casualties. The incident adds to a growing trend of market fires in Lagos, often attributed to poor infrastructure, overcrowded stalls, and inadequate fire safety measures.
Affected traders are now calling for improved emergency response systems, better fire safety protocols, and stricter enforcement of safety regulations to prevent future disasters in crowded commercial hubs like Yaba.
Fire Engulfs Yaba Market in Lagos, Traders Suffer Huge Losses
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