The Senate Committee on Power has raised concerns over the liquidity crisis bedeviling the power sector, lamenting that the tariff shortfalls in the industry have indicated that the government owes about N200bn to electricity generating companies every month. The committee disclosed that since this year, the government has not paid the power producers, and that this has raised the debt to about N800bn. The Chairman of the Committee, Senator Enyinnaya Abaribe, disclosed this while fielding questions from journalists during a retreat held in Ikot-Ekpene, Akwa Ibom State, on Saturday. The…
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‘While Heading To Hajj,’ DSS Arrests Kidnap Kingpin At Airport
The Department of State Services has reportedly arrested another kidnapping kingpin, Sani Galadi, at Sultan Abubakar International Airport en-route to Saudi Arabia for Hajj. A source who spoke with PUNCH on the condition of anonymity confirmed that the suspect was traced and arrested at the Hajj terminal during screening. He said, “He was arrested at the Hajj terminal while undergoing a final screening before their departure for the holy land today. “He is currently under investigation and will be charged to court upon the completion of interrogation ” Also confirming…
Read More‘After 4 Years,’ Actress Jumoke George’s Daughter Returns From Mali
Adeola, daughter of actress Jumoke George, has returned to Nigeria four years after being trafficked to Mali. Chairman/CEO of the Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, announced this in a post on X on Monday. Actress Biola Adebayo and actor Adeniyi Johnson joined the NIDCOM boss in receiving Adeola. ‘Account For Missing N500bn,Invite EFCC, ICPC’, SERAP Tells NNPCL ‘Lagos Again,’ Two Storey Building Collapses + LOCATION “Breaking! Adeola, daughter of popular actress, Jumoke George, who cried out that she had not heard from her daughter in four years is…
Read MorePolitics, Petroleum, and the Perpetual Northern Basin Search, By Wumi Iledare
As Nigeria inches closer to the 2027 general elections, familiar patterns are beginning to emerge — not least of which is the renewed spotlight on oil and gas exploration in the Northern Basins. It is a recurring ritual, timed with uncanny precision to coincide with electoral cycles. The narrative is almost always the same: “historic discovery,” “untapped reserves,” and the promise of economic transformation. But a closer look reveals that these announcements often lack technical depth and regulatory backing. Under the Petroleum Industry Act (PIA), the Minister of…
Read MoreTinubu’s Aide Pledges Varsity Scholarship For UTME High Scorer
Personal Assistant to President Bola Tinubu on Special Duties, Kamorudeen Yusuf, has pledged to sponsor the university education of Miss Adetutu Osoba, who scored 309 in the 2025 Unified Tertiary Matriculation Examination. Osoba, who will turn 17 in two months, had sat for the UTME in 2024, scoring 265, but failed to secure admission into the University of Lagos (UNILAG) to study Business Administration last year. Determined to gain admission into UNILAG, Osoba reapplied this year and improved her score to 309. READ ALSO: ‘Account For Missing N500bn,Invite EFCC, ICPC’,…
Read More‘Account For Missing N500bn,Invite EFCC, ICPC’, SERAP Tells NNPCL
Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Bayo Bashir Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPCL) Limited “to account for and explain the whereabouts of the missing N500 billion, which the NNPCL failed to remit to the Federation Account, between October 2024 and December 2024, as revealed by the World Bank.” SERAP urged Mr Ojulari “to identify those suspected to be involved, surcharge them for the full amount involved, and hand them over to the Independent Corrupt Practices and Other Related Offences Commission…
Read MoreI’ve Not Seen Anything That Will Stop Tinubu’s Re-election, Says Tanko Yakasai
Tanko Yakasai, the elder statesman and founding member of Arewa Consultative Forum, says President Bola Tinubu remains the most favoured candidate to win the 2027 election. Speaking with Nan, Yakasai said there is currently no politician with a stronger backing than Tinubu. “In Nigeria today, Bola Tinubu is the president; he has his ministers and governors who are backing him,” Yakasai said. READ ALSO: ‘Lagos Again,’ Two Storey Building Collapses + LOCATION Yabatech Bags ICAN Award For Producing Most Chartered Accountants Foreign Oil Giants Seek Re-entry Into Nigeria’s Oil Market,…
Read More‘Lagos Again,’ Two Storey Building Collapses + LOCATION
A two-storey building under construction has collapsed in Mushin area of Lagos with many trapped under the rubbles. It was gathered that two people have been rescued so far as at the time of filling this report. Coordinator, South West, National Emergency Management Authority (NEMA), Ibrahim Farinloye, confirmed that the building located at Ishaga Road opposite Central Mosque, Idi Araba, Mushin, Lagos State, collapsed at about 3:50pm today (Sunday). ‘15.85s (2.0m/s),’ Favour Ofili Breaks 150m World Record Two Reasons Liverpool Beat Arsenal To Premier League Title – Arteta Farinloye said…
Read MoreYabatech Bags ICAN Award For Producing Most Chartered Accountants
The Institute of Chartered Accountants of Nigeria has conferred its Corporate Merit Award on Yaba College of Technology (Yabatech) for being the most producer of certified accountants and chartered accountants in Nigeria. According to the Head, Public Relations Unit of Yabatech, Mr Adekunle Adams in a statement, ICAN gave the award at its 2025 Award and Dinner Night at Lekki, Lagos State, on Saturday. According to the statement, ICAN’s first professional examination was conducted at Yabatech. Adams added that more often, the college’s products in accounting qualified as chartered accountants.…
Read More‘15.85s (2.0m/s),’ Favour Ofili Breaks 150m World Record
. as Nigerian athletes shine in Atlanta Nigerian sprint sensation, Favour Ofili, delivered a historic performance at the 2025 Adidas Atlanta City Games on Saturday, breaking the world record in the women’s 150m with a sensational time of 15.85s (2.0m/s) at Piedmont Park in Atlanta. The 22-year-old became the first woman in history to run the event in under 16 seconds, shattering the previous mark of 16.23s set by Bahamian Olympic champion, Shaunae Miller-Uibo, in 2018. Ofili’s run headlined an impressive showing for Nigerians at the high-profile street meet,…
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