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EFCC Freezes Fayose’s Personal Bank Account, Governor Kicks.

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Fayose EFCC

The Economic and Financial Crimes Commission (EFCC) has blocked the account of Ekiti State Governor, Mr Ayodele Fayose, he operates with Zenith Bank Plc. The governor, who spoke to reporters in Ado-Ekiti on Monday at the premises of the bank, said he had information that the accounts of some of his associates were also affected.

According to a press release by the Chief Preds Secretary to the Governor, Mr Idowu Adelusi, the governor accused some leaders of the All Progressives Congress (APC) and a prominent lawyer from the state of being the brains behind the action.

While condemning the action, Fayose said under the constitution of the Federal Republic of Nigeria, especially th‎e provisions contained in Section 308, he enjoys immunity and wondered why his personal properties should become the targets of Federal Government and it’s agencies under the guise of fighting corruption.

“Section 308 of the 1999 Constitution gives me immunity just like the President. I wouldn’t know why these people are intolerant of others and in a haste. Let them wait till 2018 when I will end my tenure for them to do their investigation.

The other time the EFCC accused me of embezzling N1.2 billion poultry project fund, I was the one who voluntarily reported myself to the EFCC.

“It was ‎when I got a hint of their move that I wrote a cheque to withdraw some money from the account and I came myself. I was denied access to the account as I was told the EFCC has placed restriction on it. That is executive rascality taken too far. Even when I had case with EFCC my properties were not affected.

“If they say they are investigating money spent on election, does it mean it is only Peoples Democratic Party (PDP) that spent money on election? A lot of people and groups supported my campaign then. Where did APC and their leaders get the money they spent on 2015 general elections from? Now it is only in PDP that they find thieves, to them there are no theieves in the APC.

“A lot of petitions were written against former Governor Kayode Fayemi and the EFCC has not asked him a question up till now. The diversion of N850 million fund meant for Ekiti State Universal Basic Education Board is there and nobody is asking Fayemi questions.

“Even the President cannot claim to be an angel. The estate he built in Abuja is known to us. His wife was indicted over the Halliburton Scandal. When that American, Jefferson, was being sentenced, the President’s wife was mentioned as having wired $170,000 to Jefferson. Her name was on page 25 of the sentencing of Jefferson. We can serialize the judgment for people to see and read. “We will not allow this and we will defend our rights within the law of the land. Those who th‎ink they can silence me are mistaken. I am a person who is not perturbed by things like this. Let them wait till 2018 when I will finish my term and I will be the one to go and meet them. I won’t run away and let them investigate the whole world, I have nothing to hide or fear,” he said.

Fayose said he would challenge the action appropriately.

BIG STORY

National Grid Instability Will Persist Until Repairs Are Completed — TCN

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The Transmission Company of Nigeria (TCN) says instability in the national grid will likely persist as the system undergoes repairs after another round of shutdown.

The national grid collapsed again on Thursday, the second time in 72 hours, leaving the country in darkness.

Providing updates on the incident in a statement, Ndidi Mbah, general manager of public affairs at TCN, said the grid experienced a disturbance at approximately 11:29 am, caused by a sudden rise in frequency from 50.33Hz to 51.44Hz.

She said the frequency surge was triggered by issues at one of its substations, which was then shut down to prevent further complications.

“Recovery efforts began immediately, and the Abuja Axis was restored within 28 minutes. Recovery is still ongoing,” the statement reads.

Mbah said the TCN is actively engaged in significant repair work on several critical transmission lines and substations.

The facilities, according to Mbah, include the 330kV transmission lines along the Shiroro-Mando axis, major upgrades at the Jebba transmission substation, and the restoration of the second Ugwuaji-Apir 330kV transmission line.

The public affairs manager said following the submission of the investigative report on the causes of previous grid collapses, TCN has started working to address the identified weaknesses in the transmission system.

Mbah said efforts are afoot to address the gaps outlined in the report and to strengthen the grid’s overall stability and resilience.

“These efforts include both technical upgrades and strategic interventions based on the committee’s recommendations,” she added.

“However, it is important to note that while these repairs and improvements are underway, some degree of instability in the system is likely to persist until all major works are completed.”

Mbah, acknowledging the impact of the disruptions, appealed to the public for their patience and understanding during the challenging period.

She reaffirmed the company’s commitment to improving the reliability of electricity supply, acknowledging the crucial role that stable power has in supporting Nigeria’s socio-economic growth.

The TCN official also assured the public that all necessary measures are being taken to secure the grid’s long-term stability, following the investigative committee’s recommendations.

She added that the transmission company is addressing infrastructure issues, including damage from vandalised transmission lines.

On October 5, the grid experienced a collapse – the ninth time in 2024.

TCN had blamed a series of lines and generator trippings for the instability of the grid and a partial disturbance.

On October 17, Adebayo Adelabu, minister of power, said the frequent system failure at the national grid is inevitable due to the outdated infrastructure.

Adelabu also said the country will continue to experience grid disturbances until there is a complete overhaul of the system.

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BIG STORY

Defence HQ Declares ‘9 Lakurawas Lerrorists’ Wanted

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The Defence Headquarters (DHQ) has declared nine suspected members of the “Lakurawas” terrorist group wanted.

They are Abu Khadijah, Abdurrahman, Dadi Gumba a.k.a “Abu Muhammed,” Usman Shehu, Abu Yusuf, Musa Wa’a, Ibrahim Suyeka, Ba Sulhu, and Idris Taklakse.

Edward Buba, director of defence media operations, disclosed this while speaking to journalists in Abuja on Thursday.

Buba noted that the new terror group emerged from the “Niger Republic” following the coup, which disrupted military cooperation between Nigeria and the country.

He said the terrorists began infiltrating northern parts of Sokoto and Kebbi states from “Niger Republic” and “Mali.”

Buba added that prior to the coup, joint border operations with Nigerien security forces had kept the terrorists away.

He said the group continues to use the vast under-governed areas to evade troops and harass local populations.

“The terrorists took advantage of the gaps in cooperation between both countries and exploited the difficult terrains to make incursions in remote areas in some North Western states to spread their ideology,” he said.

Buba added that the group was initially welcomed by locals who believed they had good intentions.

He noted that the locals failed to inform military and security agencies of the terrorists’ movements.

He assured Nigerians that troops have sustained intelligence, surveillance, and reconnaissance (ISR) efforts to weaken the terrorists.

He said the troops are “actively locating the terrorists to neutralise their threats.”

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Equitorial Guinea Sacks Senior Government Official, Baltasar Engonga Over “Sexcapade”

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The Director General of the National Financial Investigation Agency in Equatorial Guinea, Baltasar Engonga, has been dismissed following the discovery of over 400 explicit videos involving him with high-profile women across the country.

The dismissal, ordered by President Teodoro Obiang Nguema Mbasogo, was confirmed by Real Equatorial Guinea, which referenced Decree No. 118/2024, issued on November 4.

According to the decree, Engonga’s removal was due to alleged professional misconduct and personal behavior deemed incompatible with his public position.

The scandal surfaced during a fraud investigation involving the 54-year-old economist, leading to a surprise search of his house and office by ANIF officials.

During the search, they uncovered several CDs containing explicit videos that revealed his sexual encounters with different married women.

One of the women involved has since committed suicide. It has not been confirmed whether Engonga will face prosecution for his actions.

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