metro
Tinubu promises to look into FG N4tn debt to GENCOS
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.
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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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metro
FG Declares Two-Day Public Holiday for Eid-ul-Adha Celebration
FG Declares Two-Day Public Holiday for Eid-ul-Adha Celebration
The Federal Government has declared Wednesday, May 27, and Thursday, May 28, 2026, as public holidays to mark this year’s Eid-ul-Adha celebration across Nigeria.
The declaration was announced by the Minister of Interior, Olubunmi Tunji-Ojo, in a statement issued on Monday through the Permanent Secretary of the Ministry of Interior, Magdalene Ajani.
According to the statement, the public holiday declaration reflects the Federal Government’s recognition of the spiritual significance of Eid-ul-Adha, one of the most important festivals in Islam, observed by millions of Muslims in Nigeria and across the world.
The minister congratulated Muslim faithful both within Nigeria and in the diaspora, describing the festival as a solemn period of sacrifice, devotion, obedience to God and compassion for humanity.
He noted that Eid-el-Kabir, also known as Eid-ul-Adha, commemorates the willingness of Prophet Ibrahim to sacrifice his son in obedience to Allah’s command, a symbolic act that remains central to Islamic teachings on faith and submission.
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Tunji-Ojo urged Nigerians to use the holiday period for prayers and reflection on the country’s unity and collective progress.
“The Federal Government urges all Nigerians to use this period for prayer and sober reflection, asking for divine guidance upon the country as it continues its pursuit of peace, security and prosperity for every citizen,” the statement said.
He also encouraged citizens to embrace the values of brotherhood, tolerance, peaceful coexistence and national unity, stressing the importance of religious harmony and mutual understanding among Nigerians.
The minister called on Muslims to reflect the true spirit of the celebration by extending kindness to the less privileged and promoting acts of charity, which remain key teachings of the festival.
The Federal Government further reaffirmed its commitment to ensuring national peace and stability while wishing Muslims across the country a peaceful, joyous and spiritually fulfilling celebration.
The announcement is expected to trigger increased travel movement across the country as many Nigerians prepare to celebrate with family and loved ones, with transport operators and commercial centres likely to experience heightened activity ahead of the festivities.
Security agencies are also expected to intensify surveillance across major cities, highways and public gathering points to ensure a peaceful celebration nationwide.
Eid-el-Kabir is one of the two major Islamic festivals celebrated annually and is traditionally marked by congregational prayers, animal sacrifice, charity and communal festivities.
FG Declares Two-Day Public Holiday for Eid-ul-Adha Celebration
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metro
Ex-Governor’s Aide Linked to Kidnap Syndicate in Katsina
Ex-Governor’s Aide Linked to Kidnap Syndicate in Katsina
The Katsina State Government has confirmed that a former Senior Special Assistant on Community Development, Nura Aliyu Garwa, who is currently under police investigation over alleged involvement in a kidnapping syndicate, had earlier been suspended from office before seeking election into the Katsina State House of Assembly.
Garwa is among the suspects recently paraded by the Katsina State Police Command over the alleged abduction of an eight-year-old boy at Sardauna Estate in Katsina metropolis, a case that has sparked widespread concern across the state.
The government’s position was made known in a statement issued on Sunday by the Commissioner for Information and Culture, Salisu Zango, who clarified that Garwa had already been removed from office over misconduct before his political ambition to contest for a legislative seat in Batsari Local Government Area.
According to the statement, Garwa was suspended for his alleged involvement in the diversion of empowerment materials meant for distribution to communities under the state’s Community Development Programme.
The commissioner explained that the suspension was part of Governor Dikko Umaru Radda’s commitment to accountability and transparency in public service.
“The suspected mastermind of the kidnapping syndicate, Nura Aliyu Garwa, had earlier been suspended as Senior Special Assistant on Community Development before his intention to contest for the position of member of the Katsina State House of Assembly representing Batsari Local Government,” the statement said.
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It added that his suspension followed allegations bordering on the diversion of items meant to empower vulnerable communities in Batsari.
Governor Radda described the allegations linking Garwa to criminal activity as disturbing, especially given his previous role in government and his political aspirations.
The governor condemned the activities of the suspected syndicate and commended the Nigeria Police Force and other security agencies for their swift action in dismantling the criminal network.
He also urged residents to continue supporting security agencies with credible intelligence to help combat kidnapping and other criminal activities in the state.
The development follows the recent parade of suspected kidnappers by the Katsina State Police Command, during which security operatives announced the arrest of members of a syndicate allegedly responsible for the abduction of the eight-year-old victim in Katsina metropolis.
Police authorities identified Garwa as one of the principal suspects and alleged that investigations had uncovered his connection to the criminal operation.
The arrest has generated intense public reaction due to Garwa’s previous status as a government aide and his attempt to secure elective office.
Security agencies say investigations are ongoing to establish the full scope of the syndicate’s operations and determine whether additional arrests will be made.
The case comes amid intensified efforts by the Katsina State Government and federal security agencies to curb kidnapping, banditry and other violent crimes that have continued to challenge security in parts of the state and the wider North-West region.
Ex-Governor’s Aide Linked to Kidnap Syndicate in Katsina
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metro
Bandits Storm Kwara Emir’s Palace, Abduct Wives, Children in Midnight Raid
Bandits Storm Kwara Emir’s Palace, Abduct Wives, Children in Midnight Raid
Suspected bandits launched a coordinated assault on Yashikira community in Kwara State’s Baruten Local Government Area, setting the Emir’s palace ablaze and abducting at least 10 persons including multiple wives and children of the traditional ruler in an attack that has heightened tensions across the state’s northern region.
The Kwara State Police Command has confirmed that suspected armed bandits launched a coordinated midnight attack on Yashikira community in Baruten Local Government Area, burning part of the Emir’s palace and abducting 10 people, including wives and children of the traditional ruler, Alhaji Umar Seriki.
The command said the attackers struck at about 2:00 a.m. on Monday, May 25, 2026, in a simultaneous assault on the Yashikira Police Divisional Headquarters and the Emir’s palace, describing it as a “coordinated and desperate operation.” According to reports, about 15 suspected bandits were involved in the invasion, which occurred just days before the Eid el-Kabir celebrations.
In a statement issued by the Police Public Relations Officer, SP Adetoun Ejire-Adeyemi, the command said the attack resulted in the abduction of 10 persons, while security operatives successfully repelled the assault on the police station. The police noted that the swift response of the officers prevented the bandits from overrunning the police facility.
The Kwara State Police Command condemned what it called “the cowardly and audacious attack,” stating that the armed criminals, in a “coordinated and desperate assault,” simultaneously attacked the Yashikira Police Divisional Headquarters and the Palace of the Emir of Yashikira. The statement added that during the attack, part of the palace was set ablaze, while ten people were abducted and taken to an unknown destination.
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Following the incident, Commissioner of Police, CP Ojo Adekimi, immediately ordered a full-scale, intelligence-driven tactical operation involving the military, police, forest guards, vigilantes, and other security stakeholders to comb the surrounding forests and criminal hideouts with the sole objective of rescuing the victims unhurt and bringing the perpetrators to justice.
The command stated that it remains battle-ready and fully determined to confront these “enemies of peace” with every lawful operational asset and strategy at its disposal. The police vowed: “These criminals have declared war against peace-loving citizens, and we are fully prepared to hunt them down relentlessly. We will deploy everything within our operational capacity to smoke them out of hiding, dismantle their networks, rescue all abducted victims, and ensure they face the full wrath of the law.”
However, earlier accounts from residents painted a more harrowing picture of the attack. Sources said the attackers stormed the community between about 12:00 a.m. and 2:00 a.m., firing sporadically before advancing on the palace and surrounding areas. Eyewitnesses reported that the gunmen arrived on motorcycles and moved directly to the palace complex, overpowering local vigilantes and operating for hours while terrified villagers fled into nearby bushes for safety.
A resident, who spoke on condition of anonymity, said three wives and four children of the traditional ruler were among those abducted during the invasion. “I just finished communicating with my father right now. In his report, he said three of the wives of the Emir and four children were abducted, including some resident members of the community,” the resident said.
Another witness, Tukur Ahmed, corroborated this account, stating: “They came on motorcycles and went straight to the palace. They were shooting into the air and broke into the inner quarters where the Emir’s wives and children were. They took three of the wives and four children, alongside some other residents, before setting the cars on fire and leaving the town.”
Sources also confirmed that several vehicles belonging to the palace were set ablaze during the raid, causing extensive property damage estimated in millions of naira. It was further gathered that the Emir was not present in the palace at the time of the attack and escaped unharmed.
A senior police officer at the Baruten Divisional Police Headquarters located at Kosubosu, who sought anonymity, confirmed the development, stating that security agencies had commenced efforts to rescue the abducted victims and track down the attackers. “We have sent signal to the state police headquarters in Ilorin and we have commenced manhunt of the suspected bandits,” the officer said.
Meanwhile, security agencies have commenced bush-combing and surveillance operations across the area as part of ongoing efforts to rescue the victims and apprehend the attackers. The police command has assured residents of Yashikira and other parts of Kaiama Local Government Area that security operations have been intensified across vulnerable communities, with surveillance, intelligence gathering, and aggressive bush-combing operations ongoing.
This attack came barely 48 hours after another deadly incident in Kwara State. On Saturday night, armed men invaded a prayer ground at Ori-Oke Ajaiye on the outskirts of Ikiran village in Ekiti Local Government Area, killing three worshippers and abducting 15 others during a vigil. These two attacks, happening within days of each other, have raised significant concerns over worsening insecurity in parts of North Central Nigeria.
Kwara North has in recent months witnessed a significant escalation in banditry, with repeated attacks on rural communities, highways, and traditional institutions across Baruten, Kaiama, Edu, and Patigi local government areas. In February 2026, youths from Kwara North staged a protest demanding an end to incessant killings and bandit attacks ravaging communities in the region. The protesters alleged that recent attacks on Woro and Nuku communities in Kaiama Local Government Area claimed between 162 and 200 lives within two days.
More recently, in April 2026, armed bandits attacked the Nuku community in Kaiama Local Government Area, killing five forest guards. The bandits, who reportedly stormed the community in large numbers at about 3:00 am, also destroyed property worth millions of naira, including setting motorcycles belonging to forest guards ablaze and burning patrol vehicles operated by mobile police.
Residents have repeatedly blamed the recurring attacks on the porous border routes around Baruten Local Government Area, alleging that armed groups frequently infiltrate communities using the difficult terrain and proximity to inter-state routes. Some residents have also accused security agencies of failing to provide adequate protection despite repeated warnings over increasing bandit activities in surrounding villages.
The police command has urged residents to remain calm but vigilant, adding that useful information from members of the public would assist security agencies in rescuing the abducted victims and apprehending those behind the attack. CP Adekimi vowed that the command would not bow to threats, intimidation, or acts of terror orchestrated by bandits and criminal elements operating within any part of the state.
Bandits Storm Kwara Emir’s Palace, Abduct Wives, Children in Midnight Raid
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