Tinubu promises to look into FG N4tn debt to GENCOS – Newstrends
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Tinubu promises to look into FG N4tn debt to GENCOS

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President Bola Ahmed Tinubu

Tinubu promises to look into FG N4tn debt to GENCOS

President Bola Tinubu on Friday appealed to power generation companies (GENCOs) to give the federal government more time to complete the verification and validation of longstanding debts owed to them.

During a meeting with members of the Association of Power Generation Companies, led by Col. Sani Bello (rtd), at the Presidential Villa in Abuja, the President assured them of his administration’s commitment to resolving the liquidity challenges in the power sector.

The Special Adviser to the President on Energy, Mrs. Olu Verheijen, disclosed that a ¦ 4 trillion bond programme has received anticipatory approval from President Tinubu to address the liquidity shortfall in the sector.

President Tinubu acknowledged the historic liabilities inherited from previous administrations and pledged transparency and fairness in addressing them:

“I accept the assets and liabilities of my predecessors, and there is no question about that. But that acceptance must be on credible grounds. I need to wear the audit cap of verifiability, authenticity, and the fact that this inheritance is not a mere deodorant but a support structure for critical economic and industrial promotion.”

The President emphasised the need for patience from GENCOs and financial institutions, noting that government agencies are actively engaging audit and legal firms to scrutinise the claims.

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“We are here. So market it to your other colleagues. Give us time to do verification and validation of the numbers,” he said.

While reaffirming his belief in a market-driven electricity sector, the President said the industry’s long-neglected legacy issues are now receiving the attention they deserve.

“This is a longstanding issue that is now being dealt with. I know how much we have been able to save on fuel subsidies. We introduced the alternative, CNG, to bring relief back to the people.”

President Tinubu also emphasised the government’s commitment to creating a stable investment environment and avoiding extreme measures, such as bank asset foreclosures, against the generation companies.

“Your Excellency, your presence at this meeting is a clear testament to your unwavering commitment to the sustainability, stability, and long-term development of Nigeria’s power sector. Under your leadership, we have recorded critical milestones in less than two years,” the Minister said.

Adelabu said the Tinubu administration signed into law the Electricity Act, 2023, which decentralises and liberalises the electricity market. This was the first legislation signed by the President upon assuming office.

He noted that the administration has launched Nigeria’s first Integrated National Electricity Policy in 24 years to drive coherence in sector planning and delivery.

He disclosed that over $2 billion in new private capital has been attracted to expand electricity access nationwide. At the same time, the sector’s annual revenue has grown by 70 per cent—from ¦ 1 trillion in 2023 to ¦ 1.7 trillion in 2024—resulting in a reduction of government subsidy obligations by over ¦ 700 billion.

He added that installed generation capacity has grown from 13,000 MW to 14,000 MW, with an all-time peak generation of 5,801 MW and a record maximum daily energy delivery of 120,370 MWh, achieved on March 4, 2025.

According to him, there has been no national grid collapse in 2025, a direct result of interventions under the Presidential Power Initiative, which has added over 700MW of transmission capacity.

He reported significant progress in narrowing Nigeria’s metering gap through the ¦ 700 billion Presidential Metering Initiative, funded via FAAC, and the World Bank-supported Distribution Sector Recovery Programme (DISREP), which has already delivered 300,000 smart meters out of 3.45 million procured.

While acknowledging these strides, Adelabu cautioned that the sector is grappling with an urgent liquidity crisis that could undermine the sustainability of ongoing reforms and investments.

“Mr. President, given the grave implications of this debt overhang, including the risk of a nationwide shutdown of generation assets, I humbly seek your immediate support for defraying these obligations, even if partially, over a defined period,” the Minister appealed.

He urged the President to continue supporting structural reforms to ensure a resilient and financially viable power market.

In separate remarks, business leaders Tony Elumelu and Kola Adesina appealed for urgent intervention to preserve operations and encourage further investment in the sector.

“Mr. President, we’ve come to you as a last hope. The generating companies are heavily indebted to banks, and foreclosure threats are real, not because we’re not doing our jobs, but because the system owes us trillions,” Elumelu said.

He commended the Tinubu administration for restoring the integrity of oil production and banking stability.
“Before you took office in 2023, we lost 97% of our daily oil production. Today, we are retaining 98%. That’s transformation. Investors are seeing greater stability and predictability,” he said.

On electricity, Elumelu added: “We don’t need power to complete your transformation, we need power to enable it. Power is critical to unlocking Nigeria’s full potential. We urge you to help solve this debt problem.”

Adesina reiterated the need for immediate liquidity support while raising concerns over gas supply shortfalls.
“Liquidity is the oxygen of our business. Without urgent intervention, generation capacity will stall, and Nigeria’s industrial and economic ambitions will be jeopardised.

“The plants in the Afam axis are underperforming because we have not paid gas suppliers. We propose unlocking 800 million cubic feet of gas through NLNG to boost supply to these power plants,” he said.

The meeting was attended by the Chief of Staff to the President, Femi Gbajabiamila; the Coordinating Minister of the Economy and Minister of Finance, Mr. Wale Edun; the Minister of Information and National Orientation, Alhaji Mohammed Idris; and other senior government officials, regulators, and stakeholders in Nigeria’s electricity industry.

Tinubu promises to look into FG N4tn debt to GENCOS

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Turji’s Gang strikes again, kills five, abducts nine in Sokoto Village

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Notorious bandit leader, Bello Turji

Turji’s Gang strikes again, kills five, abducts nine in Sokoto Village

Notorious bandit leader Bello Turji and his gang have reportedly launched a deadly pre-dawn attack on Bargaja village in Isa Local Government Area of Sokoto State, killing five residents and abducting nine others, mostly women.

The attack, which occurred in the early hours of Saturday, also left a member of the Community Guard Corps seriously injured, according to local sources.

Prior to the incident, a local activist, Basharu Altine Guyawa, had raised an alarm on social media about the movement of Turji and his men, warning that they were advancing toward the Isa axis.

Guyawa claimed the bandits were sighted moving out of Fadanar Tursa and Dorawar Madugu toward Dan Huntuwa via the Katutu Bridge, which links Shinkafi and Isa LGAs, with about 40 motorcycles, suggesting a coordinated large-scale operation.

He accused security operatives and local authorities of failing to act on the intelligence, alleging negligence and mismanagement of security resources.

However, Isa Local Government Chairman, Alhaji Sharehu Abubakar Kamarawa, dismissed the allegations, insisting that the authorities responded swiftly after receiving the alert.

“Upon receiving the alert, we immediately mobilized local security guards and notified the relevant security agencies for swift action,” Kamarawa said.

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He explained that despite the rapid response, the bandits diverted through another route, leading to the attack on Bargaja.

Kamarawa disclosed that the commander in charge of the area had been replaced after an internal review found lapses in coordination and response.

“We deeply sympathize with the affected families and assure them that both the state and local governments are fully committed to restoring peace and stability in the area,” he added.

The chairman also praised Governor Ahmed Aliyu for his continued support to security agencies, citing the recent distribution of patrol vehicles, motorcycles, and the reinstatement of operational allowances to boost counter-banditry operations.

The latest assault underscores the persistent insecurity troubling parts of eastern Sokoto, where Turji’s gang and other armed groups continue to terrorize rural communities despite ongoing military operations and local security interventions.

Who is Bello Turji?

Bello Turji Kachalla, widely known as Bello Turji, is one of Nigeria’s most notorious bandit leaders, operating mainly across the Sokoto, Zamfara, and Katsina axis in the North-West.

Turji gained prominence around 2019 after orchestrating a series of mass abductions, killings, and village raids, often targeting rural communities, security convoys, and highway travelers.

Despite several military offensives and bounty announcements, he has continued to evade capture, operating from remote forest hideouts near the Shinkafi–Isa border.

In 2022, Turji was reported to have declared a temporary ceasefire, claiming his actions were driven by revenge for government neglect and military airstrikes on his community. The truce quickly collapsed amid renewed violence.

Security experts describe Turji as a symbol of the deep-rooted banditry crisis in the region—one that thrives on arms trafficking, ransom networks, and weak rural governance.

Authorities say he remains one of the most wanted bandit commanders in Nigeria, with ongoing intelligence-led operations aimed at neutralizing his network.

Turji’s Gang strikes again, kills five, abducts nine in Sokoto Village

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Soludo condemns vote buying in Nnewi South, praises INEC for peaceful polls

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Soludo condemns vote buying in Nnewi South, praises INEC for peaceful polls

Anambra State Governor, Chukwuma Charles Soludo, has condemned reports of vote buying in some parts of Nnewi South Local Government Area, describing the practice as a major concern in an otherwise peaceful election exercise across the state.

Governor Soludo made the remarks after casting his vote at Polling Unit 002, Ofiyi Square, Umueze, Isuofia Ward 13, Aguata Local Government Area, around 1:20 p.m. on Saturday.

Addressing journalists shortly after voting, the governor commended the Independent National Electoral Commission (INEC) for ensuring a smooth and orderly process in most parts of the state.

“I have been getting numerous calls from across the state. I think it has been relatively peaceful and going smoothly. Though there are some glitches at polling units in Olumbanasa in Anambra West, where the BVAS reportedly did not work as expected, on average, the election is going well,” Soludo said.

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He, however, expressed dismay over reports of massive vote buying in Nnewi South, alleging that some voters were offered as much as ₦15,000 to influence their choices.

“The only concern we have received is in one or two places in Nnewi South, where we understand that there has been massive vote buying. Some voters are being paid as much as ₦15,000,” he stated.

While expressing confidence in his party’s chances, Soludo stressed that the election should be decided through “one man, one vote.”

He also claimed that a certain political party was planning to manipulate results during collation, urging vigilance among voters and party agents.

We have information that one political party’s strategy is to swap results during collation. They even told their polling agents not to write results properly or upload them on IReV to create room for manipulation,” Soludo alleged.

“But we have confidence in the system. Our people are vigilant, organized, and united. If the process works as designed, we have no doubt that we will win all 21 local government areas,” he added.

The governor commended INEC for the early commencement of voting and praised residents for their peaceful conduct during the exercise, assuring that everyone on the queue before the official closing time would be allowed to vote.

Soludo condemns vote buying in Nnewi South, praises INEC for peaceful polls

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Shari’ah Council urges Tinubu to withdraw appointment of INEC Chairman, Prof. Amupitan

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Chairman of the Independent National Electoral Commission, INEC, Prof. Joash Amupitan, SAN

Shari’ah Council urges Tinubu to withdraw appointment of INEC Chairman, Prof. Amupitan

The Supreme Council for Shari’ah in Nigeria (SCSN) has called on President Bola Tinubu to immediately withdraw the appointment of the newly inaugurated Chairman of the Independent National Electoral Commission (INEC), Professor Joash Ojo Amupitan, over alleged bias reflected in a past publication attributed to him.

The demand, made in a statement issued on Friday, November 7, 2025 (16th Jumada I 1447 AH), followed a report revealing that Prof. Amupitan authored a 2020 legal brief describing attacks in parts of Nigeria as “genocide against Christians and minority groups.”

According to the report, the document — titled “Legal Brief: Genocide in Nigeria – The Implications for the International Community” — was released by the International Committee on Nigeria (ICON), a global human rights advocacy group. It was reportedly signed by Prof. Joash Ojo Amupitan (SAN) & Co., Legal Practitioners & Corporate Consultants, with offices in Jos and Abuja.

The SCSN expressed “deep disappointment and grave concern” over the publication, describing it as “provocative, distorted, and bigoted” in its portrayal of Muslims in Northern Nigeria.

“If indeed Prof. Amupitan authored the said document, his submissions are not only unbecoming of a person of learning but dangerously inimical to the unity, peace, and stability of our country,” the statement read.

The council criticised the alleged claims in the brief as “divisive and factually inaccurate narratives against a majority faith community.”

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Rejecting the characterisation of Northern violence as “Christian genocide,” the SCSN said the conflicts in the North are “complex and multi-dimensional,” affecting both Muslims and Christians.

“Both Muslims and Christians have suffered immensely from extremist attacks, banditry, and communal conflicts rooted in accumulated neglect, poverty, and social injustice,” it stated.

Citing humanitarian data, the council maintained that Muslims have suffered more casualties than any other group.

“Credible data from independent and international sources reveal that Muslims have suffered more casualties in these conflicts. This is verifiable by mapping violence across states such as Borno, Zamfara, Katsina, Sokoto, Kebbi, Niger, and Yobe, where over 90 percent of victims are Muslims,” it added.

The SCSN also faulted the alleged attempt in the brief to link northern insecurity to the 19th-century Jihad of Sheikh Uthman bn Fodio, calling it a “malicious distortion of history.”

“The Jihad of Sheikh Uthman was not a war of hatred but a reform movement rooted in justice and ethics. These ideals remain respected across Africa today,” the council stated.

Questioning Prof. Amupitan’s neutrality as the head of the electoral body, the council said his alleged views “raise doubts about his capacity to ensure fairness and inclusivity in national elections.”

“By his own words, Prof. Amupitan has demonstrated a deep-seated prejudice that calls into serious question his ability to conduct free and fair elections,” the statement added.

Consequently, the SCSN urged President Tinubu to “review and reverse” the appointment, insisting that “the integrity of Nigeria’s electoral process cannot be entrusted to someone whose record reveals open hostility toward one of the country’s largest faith communities.”

The council, however, appealed for calm and unity across religious lines, urging Nigerians to reject divisive narratives.

“Our common enemies are injustice, corruption, poverty, and insecurity,” it said, reaffirming its commitment to peace, fairness, and national cohesion.

Shari’ah Council urges Tinubu to withdraw appointment of INEC Chairman, Prof. Amupitan

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