metro
‘GenCos sell cheap power to neighbouring countries’
‘GenCos sell cheap power to neighbouring countries’
Some electricity Generating Companies (GenCos) sell electricity to neighbouring countries at a lower cost than the Distribution Companies (DisCos) in Nigeria, a document obtained at the weekend by The Nation has shown.
Although the document did not show the price differentials, it said the errant GenCos were carrying “unregulated sales or secret deals” to earn foreign exchange at all cost” and in defiance of an existing Federal Government directive.
The GenCos are also said to be sidelining the Nigerian Bulk Electricity Trading Plc (NBET), a government agency in charge of the novation of international agreements. There are 24 registered GenCos in the country.
The Federal Government has been losing revenue from the sales of electricity to the neighbouring, it was learnt.
According to the document, in Q2 and Q4 of 2022, about $16.92 million in invoices were exchanged between GenCos and international customers in Niger, Benin Republics and Togo.
Investigation showed the breaches by the few GenCos include the violation of the transfer Order made pursuant to Section 10 of the Electric Power Sector Reform Act (EPSRA) by the National Council on Privatisation (NCP).
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Worried by non-adherence to International Power Sale Agreement (IPSA), the administration of ex-President Muhammadu Buhari waded in to guide the GenCos.
In a memo dated July 12, 2019, the Presidency directed NBET to oversee IPSA.
An industry source, who spoke on the development, called on President Bola Tinubu to take ”a serious look at the breaches being committed by the GenCos on international power sales“
The source, who declined to be named, said: ”What has been happening is the sidelining of NBET. Electricity is now being sold to neighbouring countries in an unregulated way.
“Buhari had directed that all international sales and purchase agreements must be negotiated directly with NBET unless otherwise approved by him ( ex-President).
“The directive became necessary in order to align with the configuration of the Nigerian electricity industry after privatisation. But this is not the case.
“The sales of electricity to foreign countries were backed up by international cooperation agreements between Nigeria on the one hand and the Republic of Benin and Togo for CEB (Communaute Electrique Du Benin) and Niger Republic for NIGELEC (Societe Nigerine D’electricite)
“As a matter of fact, wheeling of electricity to these countries was being channelled through the network of the Transmission Company of Nigeria(TCN) as there is no dedicated network between the private generating companies and the foreign countries.
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“Prior to these directives and upon the commencement of the Transitional Electricity Market in February 2015, the TCN that received the proceeds of the sale of electricity to international customers began crediting the international customers’ receipts to the account of NBET for payment to GenCos while NBET in turn shares among all the GenCos in a transparent process and in accordance with the approved waterfall.
“The former President’s directive reinforced the earlier directive from the Federal Ministry of Power, Works and Housing to the TCN vide a letter referenced FMP/OPS/360/I dated September 7, 2016, but, despite these, Nigerians were made to purchase expensive energy by selling the cheapest ones to the foreign countries.”
Another source privy to the “secret deals” said: “The quarterly reports released by the Nigerian Electricity Regulatory Commission for 2022 reveal how a few generating companies under the disguise of selling electricity to the international customers are milking Forex at the expense of other GenCos.
“The sales by the few GenCos are without any transparent procurement process known to any Nigerian Law.
“In 2022, Q 2 alone, the errant GenCos reaped in $7.98 million while $8.94 million invoice was exchanged between them for Q 4 of 2022.
“Part of the energy being sold to the international customers by Nigeria came from the Hydro Electric Generating Companies which is the cheapest cost of energy in Nigeria when compared with the thermal generating plants. The cost of energy from the latter is about six times the cost of the former.
“Prior to when the few GenCos cornered the forex from the international customers, inflows from such transactions were always shared among the entire GenCos in the portfolio of NBET to ameliorate the challenges faced by them in sourcing for foreign exchange.”
‘GenCos sell cheap power to neighbouring countries’
The Nation
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metro
Police Arrest Mother Over Alleged Brutal Abuse of 7-Year-Old Girl in Anambra
Police Arrest Mother Over Alleged Brutal Abuse of 7-Year-Old Girl in Anambra
The Anambra State Police Command has arrested a 32-year-old woman, Mrs Ogechi Ofoma, following the alleged brutal physical abuse of her seven-year-old daughter in Obosi, Idemili North Local Government Area of the state.
The incident was reported to the police on the evening of Sunday, September 13, 2026, after the child was reportedly found with severe bodily injuries in the Awada-Obosi area.
According to the police, security personnel from the Ibollo Community and concerned residents intervened after becoming aware of the alleged abuse. The intervention led to the rescue of the child and the arrest of her mother.
Preliminary findings indicate that the girl suffered serious physical injuries. The police said the injuries were reportedly inflicted with a hot knife, although investigations are still ongoing to establish the circumstances surrounding the alleged assault.
The child has been taken under the care and protection of relevant authorities, while the Anambra State Commissioner for Women Affairs and Social Welfare is working with the Commissioner of Police, CP Nnanna Oji Ama, to facilitate urgent medical attention and welfare support for the victim.
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The police have commenced an investigation into the incident to determine what led to the alleged abuse and whether any other person was involved.
Mrs Ofoma remains in police custody as investigators work to establish the full circumstances of the case and determine the appropriate legal action.
The intervention by the Ibollo Community security personnel and residents has also drawn attention to the role of communities in protecting children and reporting suspected cases of child abuse.
Cases involving children who suffer physical violence can require intervention from law enforcement, social welfare authorities and other child-protection agencies to ensure the victim’s immediate safety and access to appropriate care.
The Anambra Police Command commended the community members who responded to the situation and helped secure the child’s rescue.
The case comes amid continuing concerns over child abuse in Nigeria, particularly physical violence against children who may be unable to protect themselves or report their experiences.
Authorities are expected to establish the nature and extent of the girl’s injuries, examine available evidence and determine whether additional suspects should be questioned or arrested.
The outcome of the investigation will determine the next legal steps in the case.
Police Arrest Mother Over Alleged Brutal Abuse of 7-Year-Old Girl in Anambra
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metro
Petrol Price Hits N1,450/Litre as Middle East Crisis Pushes Oil Above $108
Petrol Price Hits N1,450/Litre as Middle East Crisis Pushes Oil Above $108
The petrol price in Nigeria has climbed to as high as ₦1,450 per litre in Abuja and about ₦1,400 in parts of Lagos, following a fresh increase in the price of refined petroleum products amid a sharp rise in international crude oil prices.
The latest increase comes after the Dangote Petroleum Refinery raised its petrol gantry price by ₦85, from ₦1,265 to ₦1,350 per litre, effective September 12, 2026.
The adjustment, representing a 6.7 per cent increase, has added fresh pressure to the downstream petroleum market as international crude prices surge amid escalating Middle East tensions and concerns over disruptions to global oil supplies.
The latest Dangote adjustment is the refinery’s fourth increase in about three weeks. Its petrol gantry price has risen by roughly 15.9 per cent since August 21, when the price stood at ₦1,165 per litre.
The impact has already become visible at filling stations, although pump prices vary from one location and marketer to another depending on supply costs, transportation expenses, existing stock and pricing decisions.
In Abuja, some filling stations have raised their prices to ₦1,450 per litre, while others are selling between ₦1,395 and ₦1,400. The increases have also been recorded in Lagos and Ibadan, with several outlets reviewing their prices upwards.
The latest retail movements are coming against a dramatic surge in the international oil market. Brent crude, the global benchmark, has risen above $107 per barrel, with prices reaching about $108.33 amid renewed concerns over global supply.
The oil price rally has been driven by escalating military tensions in the Middle East, attacks on energy infrastructure and growing concerns over the movement of crude through major international shipping routes.
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A drone attack also forced Saudi Arabia to temporarily shut its East-West Pipeline, a key route that allows the country to transport crude to the Red Sea without passing through the Strait of Hormuz. The disruption has heightened concerns about the availability of global oil supplies.
The Strait of Hormuz remains another major source of concern for the global energy market because of its importance to international crude and petroleum-product shipments. Any prolonged disruption to the waterway could further tighten supplies and push oil prices higher.
The current oil shock is already having consequences beyond crude prices. Refiners and fuel suppliers around the world are facing higher replacement costs, while disruptions to shipping and refining infrastructure are increasing the cost of moving petroleum products.
That situation has direct implications for Nigeria despite the country’s growing domestic refining capacity.
The Dangote Refinery, which has become a major supplier of refined petroleum products in Nigeria, has itself adjusted its prices in response to changing international market conditions.
The refinery also increased its coastal price from ₦1,669,543 to ₦1,783,530 per metric tonne, an increase of ₦113,987 or 6.8 per cent.
The latest increase highlights the extent to which global crude prices continue to influence Nigeria’s domestic petroleum market even as local refining expands.
The refinery has also been increasing its crude purchases from Nigeria. It has secured at least 16 million barrels of Nigerian crude for October, equivalent to about 520,000 barrels per day, representing a substantial share of its roughly 700,000-barrel-per-day operating capacity.
The growing availability of locally refined petrol has reduced Nigeria’s dependence on imported finished products, but it does not completely insulate consumers from international oil-price movements. Crude is traded in a global market, while refinery economics, product replacement costs, shipping and other downstream expenses remain sensitive to international conditions.
The latest development is particularly significant because Nigeria’s petrol market is deregulated, meaning retail prices can respond to changes in crude prices, exchange rates, supply costs and competition among marketers.
The current increase could therefore put additional pressure on transport operators, logistics companies, manufacturers and households that depend heavily on petrol.
For consumers, higher pump prices can translate into increased transportation and distribution costs, while businesses that use petrol-powered generators and vehicles may also face higher operating expenses.
The effect could extend to food and other consumer goods if higher fuel and logistics costs are passed through the supply chain.
The renewed pressure comes at a time when the global refining industry is also facing significant disruptions.
David Bird, chief executive of the Dangote Refinery, recently warned that global fuel shortages could continue beyond the current Iran-related conflict because of damage to Middle Eastern refining infrastructure, high refinery utilisation rates and efforts by countries to rebuild depleted fuel inventories.
According to the refinery, the combination of the Middle East conflict and the Russia-Ukraine war has placed additional pressure on global refining capacity and fuel supplies.
Dangote has said it expects to expand its Nigerian refinery capacity further, with plans aimed at increasing its ability to supply refined products to Nigeria and international markets.
For Nigeria, greater domestic refining capacity could strengthen supply security over the long term, but the immediate impact of higher global crude prices is being felt through the cost of petroleum products.
The latest ₦1,450 per litre petrol price in parts of Abuja therefore reflects a combination of domestic pricing adjustments and a rapidly changing international oil market.
There is no uniform national pump price, and motorists in different states and even within the same city may continue to encounter different prices.
However, the movement of petrol towards ₦1,400–₦1,450 per litre at several filling stations signals renewed pressure on Nigerian consumers.
With Brent crude above $108 per barrel, continuing uncertainty around the Strait of Hormuz and other major oil routes, and concerns about global refining capacity, further volatility in petrol prices remains possible.
Unless international oil prices retreat significantly or supply disruptions ease, Nigerian motorists and businesses may continue to face pressure from elevated fuel prices in the coming days.
Petrol Price Hits N1,450/Litre as Middle East Crisis Pushes Oil Above $108
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metro
Police Arrest Herbal Drink Producer as Ondo Death Toll Hits 29
Police Arrest Herbal Drink Producer as Ondo Death Toll Hits 29
The Ondo State Police Command has arrested Oloruntoba Babatunde, popularly known as “Meko”, over the alleged production of herbal drinks suspected to be linked to the deaths of 29 people in Odigbo Local Government Area of Ondo State.
The arrest followed reports of sudden and unexplained deaths among residents, particularly young people, in several communities after the consumption of suspected contaminated alcoholic drinks and herbal concoctions.
The Ondo State Government has confirmed 29 deaths and 60 suspected cases connected with the incident, prompting authorities to intensify measures against the production, sale and distribution of unverified alcoholic drinks and potentially dangerous herbal mixtures.
Police spokesman, DSP Abayomi Jimoh, said Babatunde was arrested after investigators traced suspected harmful substances to him. He is currently assisting the police as investigations continue into the source, production and distribution of the drinks.
The police said substances suspected to contain methanol were recovered and submitted for forensic examination. The laboratory analysis is expected to establish the exact composition of the substances and determine whether there is a direct link between them and the reported deaths.
The command stressed that the suspected presence of methanol has not yet been established as the definitive cause of all the deaths, as forensic examinations and post-mortem procedures are still ongoing.
The bodies of the deceased are undergoing medical and forensic procedures, with the police saying the outcome of the post-mortem examinations should provide additional evidence concerning the actual causes of death.
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In a related enforcement operation, the police arrested 14 other suspects over alleged violations of the ban on the sale and consumption of dangerous alcoholic drinks and concoctions in the affected communities.
The suspects comprise people allegedly involved in selling or consuming the prohibited products. They have been transferred to the State Criminal Investigation Department (SCID) in Akure for further investigation.
The enforcement operation followed directives from the Commissioner of Police, CP Felix Ohagwu, targeting alcoholic drinks and concoctions considered dangerous or potentially life-threatening.
According to the police, investigators are examining every relevant lead, including the source, production, composition, distribution and consumption of the suspected drinks.
The development has also triggered intensified medical intervention in the affected communities. Health officials have been attending to people who consumed the suspected drinks, with affected residents taken to health facilities for assessment, testing and treatment.
The state government earlier moved to halt the production and distribution of unverified alcoholic beverages following the rapid increase in deaths.
The state Health Commissioner, Banji Awolowo-Ajaka, confirmed the 29 deaths and 60 suspected cases, with the affected communities spread across the Odigbo area. Earlier reports had put the death toll at 24 and later 27 before the government confirmed the figure of 29.
The police said the immediate situation had been brought under control following coordinated security, medical and investigative measures, but the investigation into the deaths remains active.
The authorities are expected to rely on laboratory results, post-mortem findings, recovered substances, statements from survivors and other evidence to establish exactly what caused the deaths and whether any individuals should face criminal charges.
The incident has renewed concerns over the dangers associated with unregulated alcoholic drinks and herbal concoctions, especially products whose ingredients and production processes are unknown or have not been subjected to safety checks.
Residents in the affected communities have been urged to avoid consuming unverified alcoholic or herbal products and to promptly seek medical attention if they develop symptoms after consuming suspicious substances.
The arrest of Babatunde and the 14 other suspects does not amount to a finding of guilt. They remain suspects while the police investigation and forensic examinations continue.
The authorities are yet to make a final determination on the precise cause of the deaths or establish through forensic evidence whether methanol contamination was responsible for the entire outbreak.
The outcome of the ongoing investigation is expected to determine whether the suspected producer and other persons arrested will face prosecution and what additional action may be taken against those involved in the manufacture, distribution or sale of potentially harmful drinks.
Police Arrest Herbal Drink Producer as Ondo Death Toll Hits 29
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