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The Minister of Power, Works and Housing, Babatunde Fashola, on Monday accused the power Generating Companies in the country of a plot to throw the country into darkness.

Fashola equally said he was not afraid of going to the law court over allegations of preferential treatment offered two power generating companies.

Speaking at the 25th monthly meeting with operators in the power sector, hosted by Ibom Power at Ibom Hall, Uyo, Akwa Ibom State, he said some of the operators have been having clandestine meetings with the sole purpose of throwing the country into darkness.

He said: “Let me say very clearly to all operators that I get reports of many of the clandestine meetings that some of them are holding with a view to disrupt supply for political capital.

“I will close by imploring those that are truly ready to run the business they have acquired voluntarily to continue to do so with the assurance of government support and partnership.

“As for those who entered the business without understanding it, please brace up for hard work and help us rebuild this country.

““Those who choose to hide temporarily in the courts of law can do so, but the court of public opinion will scrutinise you and its verdict may be very scathing, unkind, and enduring.

“I say this because you may not have noticed that Nigerians are increasingly taking their destiny in their hands.”

Reacting to a suit filed against the government by the GENCOs last week over alleged discriminatory treatment of the companies and their gas suppliers with intent to harm their business interests and conferring preferential treatment on Azura Power West Africa Limited and Accugas Limited to the detriment of the Nigerian Electricity Supply Industry and the power sector as a whole, Fashola said they should also be bold enough to tell the court that they too were indebted to the gas companies, that they have received 80 per cent of their bill and that the Federal Government released N701 billion to them to settle gas debt.

He said: “Lately, I have read reports that some Generation Companies (not Ibom Power) have gone to court, filing claims against the government.
“That is their right and their prerogative.

“It is better than self-help, and it is consistent with the rule of law, which underpins our democracy.

“While they seek refuge in a court of law, they must be ready to face scrutiny in the court of public opinion.

“The court of public opinion is a court of conscience and morality.

“In the court of public opinion, they must be ready to tell the citizens how they felt when other groups went to court to stop the implementation of tariffs approved by NERC in 2016.

“They must explain to this public court whether they went to court before government approved a N701 billion payment Assurance Guarantee to pay their monthly power bills.

“They must disclose to this court that they owed debts, from the pre-Buhari era, because their income had reduced to less than 50 per cent.

“They must disclose to this court that they now receive about 80 per cent income, and that this government is now paying them revenues collected from international customers from the Republics Benin, Niger and Togo, in dollars, as against the naira payment they used to receive.”

The minister argued that in both courts, the GENCOs must disclose how they felt when some DisCos went to court to stop the enforcement of Provision of Promissory Notes, which was a condition that denied them access to the CBN low interest loans.

Fashola said: “They must tell the court of public opinion that the reason for going to court is because government is making 100 per cent payment to a new GenCo which has a different contract with a Partial Risk Guarantee, which they do not have.

“They must also disclose to both courts that they held a meeting with government and tabled their demands, which government promised to look into one week before they went to court.

“They must, in good conscience, tell the two courts whether one week was enough time to go to court and whether this action at the time when the sector is making progress does not suggest an intention to blackmail government and hold the citizens hostage.”


EFCC Arraigns Fayose Over Alleged N2.2 Billion Fraud [PHOTOS]



The immediate past Governor of Ekiti State, Peter Ayodele Fayose, has been arraigned before Justice Mojisola Olatoregun of a Federal High Court in Lagos over alleged N2.2 billion fraud.

Recall that the Economic and Financial Crimes Commission, EFCC, had listed a former Minister of State for Defence, Senator Musiliu Obanikoro, a former Group Managing Director of Diamond Bank Plc., Alex Otti, and 20 others to testify against the former governor.

An 11-count charge bordering on fraud and money laundering has been slammed on Fayose and his company, Spotless Limited, by the EFCC.

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EFCC Moves Fayose To Lagos For Arraignment [PHOTO]

Gbemileke Ajayi



The immediate past Governor of Ekiti State, Ayo Fayose, was on Sunday moved to Lagos for his planned arraignment on Monday over fraud allegations.

The former governor has been with the Economic and Financial Crimes Commission since Tuesday when he reported at the headquarters of the anti-graft agency in Abuja.

According to available information, Fayose is to be arraigned on an 11 count charge based on his obtaining N1.3 billion from a former Minister of State for Defence, Musiliu Obanikoro, for the prosecution of his election in 2014.

Obanikoro was said to have obtained N4.7 billion from the Office of the National Security Adviser during the regime of former President Goodluck Jonathan, retired Colonel Sambo Dasuki.

It was alleged that part of the money was given to Fayose and another N1.3 billion to Iyiola Omisore, who was the candidate of the Peoples Democratic Party for the 2014 governorship election in Osun State.

On Sunday, Fayose was moved through the Nnamdi Azikiwe International Airport, Abuja to Lagos for arraignment before a Federal High Court.

He was with an operative of the EFCC when the photograph was taken.

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South East Won’t Participate In 2019 Elections —- Nnamdi Kanu

Peter Okunoren



The Supreme Leader of the Indigenous People of Biafra, Mazi Nnamdi Kanu, has said the South East will not partake in the 2019 elections.

Kanu said this on Sunday during a live world press broadcast from Jerusalem, where he was sighted about 24 hours ago.

He said for the people of the South East, whom he referred to as Biafrans, it was a referendum to actualize Biafra or nothing.

He said IPOB will achieve this by every necessary means.

According to Kanu: “I decree that there is no longer South East or South South Nigeria.

“It shall be known as Biafra.

“Without referendum, nothing will happen in Nigeria.

“IPOB will not participate in any election and that position will never change.

“I promised the Zoo that I will be coming to Biafra and I came.

“I do not recognize the court of the Zoo.

“I want the people of the Middle Belt to rise and join IPOB.

“The Governor of Abia State directed the assault on my father who is a Monarch.

“I thank @realDonaldTrump and the government of Israel who stood by IPOB in our time of need.

“I thank Prof. Ben Nwabueze who stood by me.

“I want to send my solidarity to Ayo Fayose and assure him that Biafra will stand by him in this hour of need.

“We will have a special place for him in Biafra.

“I thank all my sureties that stood by me.

“My unavailability was forced on me.

“The Army of the Zoo killed my dog Jack and a few other people in my compound.

“I am sorry for what my sureties are passing through but I want to assure them that they will have a special place in Biafra.

“I shall not be honouring the Court.

“The notion that I jumped bail is a fallacy in law.

“I did not jump bail.

“On the 14th of September, 2017 the terrorists of the Zoo came to kill me.

“They know if I go to court, Nigeria will burn and I was forced to leave.

“I did not jump bail.

“The Zoo called Nigeria cannot jail me.

“I will fight till the last day.

“Binta Nyanko’s court failed to ask the Nigerian Army why they invaded my home.

“Nigerian court is a Kangaroo court.

“I did not jump bail.

“I left because the court failed to protect me.

“I am not a Nigerian.

“I already renounced Nigeria in 2015.

“I am a Biafran of British Nationality.

“I cannot be tried by a court I do not recognise.

“I do not recognise Nigeria.

“I can only come to the court with UN supervision.”

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