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Court Fixes February 13 For Hearing In Ganduje’s ‘Bribery’ Trial

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A high court in Kano has fixed February 13, 2025, for the hearing of preliminary objections in the suit against Abdullahi Ganduje, the national chairman of the All Progressives Congress (APC).

In April, the Kano government filed an eight-count charge bordering on bribery, misappropriation, and diversion of public funds against Ganduje; Hafsat, his wife; Umar Abdullahi Umar, his son; and five others.

Other defendants in the case are Abubakar Bawuro, Jibrilla Muhammad, Lamash Properties Limited, Safari Textiles Limited, and Lasage General Enterprises Limited.

Channels Television reports that M.N. Duru, counsel to Ganduje, asked the court on Wednesday to strike out an earlier application seeking facilities and a witness statement dated October 21.

“My lord, we urge the court to strike out this application. We intend to proceed with a new application dated November 18 instead,” Duru said.

“This motion, having not been moved, cannot be dismissed. We agree that it is not ripe for hearing, and we are requesting another date to make some corrections to the affidavit’s date.”

Responding, Adeola Adedipe, the counsel to the Kano government, said the first, second, and fourth defendants served them with a new application on December 10, which is not yet ripe for hearing.

Adedipe requested the court not to strike out Ganduje’s application for withdrawal but to dismiss it.

“We have filed our counter-affidavit dated November 15, 2024,” he said.

“We also filed two additional counter-affidavits and responses dated October 18 and October 21.”

Duru, who is the counsel to the third and seventh defendants, said he had filed a better affidavit and a motion on notice on October 18.

Sunusi Musa, counsel to the fifth defendant, sought an adjournment to enable him to make some corrections in the processes.

Abubakar Ahmed, counsel to the sixth defendant, told the court that he had filed a notice of preliminary objection dated September 9 and supported by a nine-paragraph affidavit.

“We filed a written address dated September 9, a counter affidavit dated October 24, and a further and better affidavit dated November 15, 2024,” Ahmed said.

Faruk Asekome, counsel to the eighth defendant, said he had filed a preliminary objection dated November 10.

Amina Adamu-Aliyu, the trial judge, adjourned the matter until February 13, 2025, for the hearing of all preliminary objections.

BIG STORY

Nigerians Face Blackout As Gas Producers Cut Supply To Gencos Over N2.7tn Debt

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Wholesale gas-producing companies have unexpectedly stopped supplying natural gas to power generation companies for electricity production due to the non-payment of debts accrued from previous supplies.

This was revealed in a recent report by The Punch.

Dr. Joy Ogaji, the Chief Executive Officer of the Association of Power Generation Companies, shared this development in an interview (with The Punch) on Wednesday. She emphasized that the gas-producing companies had officially notified all GenCos of the suspension of natural gas supply.

The gas supply was abruptly halted after the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reportedly directed gas producers to suspend the delivery of natural gas to indebted GenCos until further notice, citing the increasing debts.

This has resulted in a nationwide electricity blackout, severely affecting power generation across the country.

Currently, over 70% of Nigeria’s power is generated by gas-fired plants.

Earlier this year, Minister of Power Adebayo Adelabu announced that the Federal Government would begin paying part of its debts to power generation companies and gas suppliers from April. He also mentioned that he would work with the Central Bank of Nigeria to prioritize foreign exchange allocation for the power sector to enhance generation capacity.

“The Federal Government is now prioritising paying down on the outstanding debts, and I have assured the board and management that effective from April, we will start paying down on debts, as a form of incentive to continue to have them in operation,” he said.

Although the government has paid N205bn of the debt owed to the GenCos in recent months, an ongoing dispute between NMDPRA and gas producers over the collection of the 0.5% wholesale price levy under the Petroleum Industry Act has prompted the suppliers to demand payment of outstanding amounts.

In the interview, Dr. Ogaji stated that all relevant authorities, including the presidency, have been informed of the situation and are awaiting necessary interventions.

She added that the debt, which was around N2tn earlier this year, has now risen to N2.7tn.

“It is no longer a matter of NMDPRA giving a directive. They have already stopped the supply of gas to power-generating companies.

“They (gas suppliers) have halted the supply. They have already informed our GenCos that they are not going to be supplying gas anymore until what is outstanding is settled and it didn’t happen today.

“We have told the Nigerian Electricity Regulatory Commission, they are already aware of the situation. There is nobody who would say they are not aware; the minister is aware, and the presidency is aware.”

“The total debt has now increased to over N2.7tn and you know that 70% of thermal GenCos’ invoice is gas.

“They have been paying a small amount. So, when they pay us nine percent, we just calculate nine percent of our gas invoice and send it to the gas supplier because that is the only way to survive. We are all sharing in the poverty that NBET is giving us.”

The halt in gas supply has disrupted the energy sector, raising concerns about energy shortages and instability in operations nationwide.

On Wednesday, Nigerians were plunged into darkness following another collapse of the national power grid, the 12th time this year.

According to reports, the grid went down at about 1:36 pm on Wednesday. By 2 pm, power generation had dropped to 0.00 megawatts, down from 3,087 MW at 1 pm and a peak of 4,013 MW at 4 am.

In October, the grid collapsed three times within a week, resulting in widespread blackouts that have sparked public concern.

A tweet from the official National Grid account confirmed that the grid collapsed at about 2:09 pm on Wednesday.

“The major grid setback has occurred and the restoration is to commence,” the tweet read.

Distribution companies also issued notices to their customers about the grid failure causing the outages. Jos Disco, in a statement by Head of Corporate Communications, Friday Elijah, said, “The current outage being experienced within our franchise states is a result of loss of power supply from the national grid. The loss of power supply from the national grid occurred this afternoon at about 1333 hours of today, Wednesday, 11th December 2024, hence the loss of power supply on all our feeders.

“We hope to restore normal power supply to our esteemed customers as soon as the grid supply is restored to normalcy. Thank you for your patience and understanding as we strive to serve you better.”

Similarly, Abuja Disco stated, “We wish to inform you that a system disturbance occurred on the national grid at 1:32 pm today (Wednesday) causing a power outage across our franchise areas.

“While gradual restoration of power supply has commenced, be assured that we are coordinating closely with relevant stakeholders to restore power fully as soon as the grid is stabilized.”

Kunle Olubiyo, President of the Nigeria Consumer Protection Network, called for an independent forensic audit of the gas suppliers’ debt claims, questioning their accuracy and relevance to the sector’s realities.

He further urged the government to fully privatize the power sector to eliminate inefficiencies and not serve as a scapegoat for sector failures.

Olubiyo (told The Punch), “What we need to do is adequately interrogate these claims; once they are checked, audited, and verified, then we can see what is going on in the sector. It’s a buying and selling market.

“The model currently being deployed at Azura is what we are supposed to have for all GenCos ab initio. When the government offered the power sector for privatisation (upstream and downstream), there was the provision of financial instruments such as letters of credit to help in the event of non-compliance with the market rules and obligations. That letter rule could be used to create some level of discipline, but players in the sector cut them off and preferred to get product on credit without a plan to pay back. The market should be administered like a business so that if there are infractions, you can call the penalty clauses and instruments. If you pledge an amount of money that can translate to the failure of the sector, there have to be punishments.”

“The Discos are taking supply in the value chain without any form of collateralization. It’s not done anywhere. The sector is only enjoying the goodwill of some personalities in the sector, who have a name and they are bankable. But this goodwill has also been overdrawn, so the earlier we face the facts, the better for us.”

He added, “I am sure that if we do proper follow-up and forensic checks, it is likely to find out that 75 percent of the bill we have been paying on subsidy by the federal government is public sector funded, just like the oil sector; nobody would want to reveal what has been over-bloated in the past. The danger is that the continued mismanagement of the public and private sector models is giving room for corruption because we can’t see in an actual sense the claims from all players are synergized corruption that is, in most cases, bloated.”

“It’s not impossible that some of these classes might be inflated. Government continued equity in the power sector is giving room for corruption. The government should not bear the brunt of challenges in any sector because some persons will latch onto it and begin to feed their pockets. The government should let go of the power sector and concentrate on the underserved and unreached persons to close the gap.”

Meanwhile, the Nigerian Midstream and Downstream Petroleum Regulatory Authority has denied instructing the halt in gas supply to power-generating companies.

In a statement signed by its Public Affairs Unit, the NMDPRA stated, “The attention of the NMDPRA has been drawn to a news publication with a spurious claim that the Authority has directed that Gas Supply to GENCOs be halted and instructed wholesale gas suppliers to stop the further supply of gas to companies due to failure in payment obligations.

“The NMDPRA wishes to state categorically that this report is false and completely unfounded. It has no bearing on the information shared at a recent stakeholders’ engagement held in Lagos between the Authority, the OPTS, IPPG, and other stakeholders in the oil and gas industry.”

The statement further clarified that the meeting was organized “to sensitise stakeholders on the requirements, opportunities, and benefits associated with the implementation of wholesale supply licenses as provided by sections 142 and 197 of the Petroleum Industry Act 2021. It was a follow-up to an earlier stakeholder engagement held at the NMDPRA corporate headquarters in Abuja on November 27, 2024.”

“The Authority wishes to reassure all our stakeholders and indeed the general public that at no time was the false statement made at that event and anywhere else, and are advised to completely disregard the publication as every effort is being made to ensure that the supply and distribution of natural gas and petroleum products to end users is seamless and unabated as we head into the festive season and indeed all through the coming year 2025.”

 

Credit: The Punch

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BIG STORY

Bank Workers Blame CBN As Cash Shortage Worsens

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The Association of Senior Staff of Banks, Insurance, and Financial Institutions (ASSBIFI) has attributed the worsening cash shortage across the country to the Central Bank of Nigeria’s (CBN) failure to meet the cash demands of commercial banks.

Speaking (with The Punch), ASSBIFI President Olusoji Oluwole emphasized the severe impact of the scarcity, especially as the festive season nears, with heightened demand for cash for shopping and business transactions.

“In terms of (the cash) scarcity, this is something that has not ended since the redesign of the naira,” Oluwole said.

Oluwole explained that banks have only two primary sources of cash: the CBN and retailers.

“Banks have only two sources of cash: the CBN and retailers. The CBN has not met banks’ demands, and retailers often sell cash for profit, making it harder for banks to access funds,” he said.

He pointed out that the apex bank has failed to meet the cash demands of banks, while retailers profit by selling cash instead of depositing it back into the banking system.

“But, of course, it is beginning to become more pronounced now that we’re heading towards the Christmas celebrations, where a lot of people are going to need money to carry out their shopping and other businesses,” he noted.

“Banks are not in a position to force retailers to bring the cash to banks,” he added, describing how this dynamic exacerbates the scarcity of cash in Automated Teller Machines (ATMs) and across bank counters.

Citing statistics, Oluwole stated that banks collectively require at least N20 million daily to operate, with ATMs needing approximately N8 million each and N4 million over the counters.

He stressed the importance of the CBN providing clear statistics on cash circulation to improve distribution efficiency.

“For us, we are not interested in trading games like we were doing last year but looking for solutions. The solution, one, is for CBN to have clear statistics, so that they understand where they are, how they are circulating, and where they are circulating to,” he said.

Oluwole also advocated for less dependency on cash, emphasizing that a cashless economy is cheaper, safer, and more efficient.

“An economy that operates in a cashless manner does better than a cash-dependent economy. It is a proven thing all over the world,” he stated.

Additionally, the ASSBIFI President called for security agencies to crack down on illegal currency trading.

“You cannot be selling cash. You cannot sell your currency to people for a profit at discounted rates. It is not done anywhere,” Oluwole emphasized.

He urged authorities to investigate reports of point-of-sale operators buying cash from fuel stations and supermarkets.

Oluwole concluded by reiterating that no bank deliberately withholds cash from its customers.

“No bank wants to starve its customers of cash. It does not make sense for any bank to hold on to cash, but you can only give what you have,” he said.

“As the cash crisis persists, stakeholders are urging the CBN to act swiftly to address these concerns and alleviate the strain on both banks and the public,” Oluwole stated.

Meanwhile, the National Coordinator of the Human Rights Writers Association of Nigeria (HRWAN), Emmanuel Onwubiko, in a statement criticized the CBN and its Governor, Olayemi Cardoso, for their mishandling of monetary policy, holding them accountable for the widespread hardship that has resulted.

He further pointed out how cash scarcity has left millions, especially in rural areas, unable to conduct transactions, thereby deepening the struggles of small businesses, artisans, and daily wage earners.

“Nationwide, long bank and ATM queues have become the norm, with depositors unable to access their funds despite sufficient balances,” he added.

Onwubiko argued that the crisis not only reflects poor monetary policy but also deeper systemic issues within Nigeria’s economy.

He urged President Bola Tinubu to intervene swiftly to stabilize the banking system and prevent an economic collapse.

The group also called on the National Assembly to summon the CBN Governor for accountability and oversight.

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BIG STORY

COVID-19 Variant: Inbound Passengers To Present Health Declarations

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The Federal Government, through the Ministry of Health and Social Welfare, has alerted the Committee of Chief Medical Directors and Medical Directors about the new COVID-19 XEC variant, which has been reported in Australia and 22 other countries.

The ministry has directed the Committee of Chief Medical Directors and Medical Directors to “activate alert systems throughout all hospitals for a high index of suspicion in patients with COVID-like symptoms.”

This announcement came as the Nigeria Centre for Disease Control and Prevention (NCDC) reiterated on Wednesday that filling health declaration forms remains mandatory for Nigeria-bound passengers.

Dr. O.N. Anuma, the Head of the Teaching Hospitals Division, Department of Hospital Services of the Federal Ministry of Health and Social Welfare, issued a letter dated December 5 to the Chairman of the Committee of Chief Medical Directors and Medical Directors, warning that the new COVID-19 variant has a growth advantage over other strains.

The ministry has urged the committee to work with all relevant stakeholders to share vital data about the strain and implement enhanced monitoring protocols.

In the letter, Anuma wrote: “I am directed to inform you of a newly detected XEC COVID-19 variant which has been reported in Australia and has already spread to 29 countries globally. You may wish to know that this variant has shown a growth advantage over other circulating strains, raising concerns about its potential impact on public health.

“Alert systems should be immediately activated throughout our hospitals for a high index of suspicion in patients with COVID-like symptoms.

“We request your committee to collaborate with all relevant stakeholders to share critical data regarding this strain and implement enhanced monitoring protocols.”

Furthermore, Dr. John Oladejo, the Director of Special Duties at the NCDC, told one of our correspondents on Wednesday that health declaration remains mandatory for incoming passengers.

“They are filling the form; this is a strategy to know if they have any symptoms relating to SARs,” Oladejo explained. He clarified that the form is intended to help the agency determine if incoming passengers have symptoms associated with COVID-19.

Over the weekend, the NCDC addressed concerns over the newly detected COVID-19 XEC variant, which is reportedly circulating in Australia and 32 other countries. The NCDC assured the public that the National COVID-19 Technical Working Group is closely monitoring and analyzing both international and national surveillance data to guide public health responses.

In line with emergency preparedness and response strategies, the NCDC continues to update its approaches to ensure a quick and effective response. A dynamic risk assessment and readiness assessment are being organized to help in planning appropriate actions.

The health declaration form is part of the government’s efforts to prevent the spread of COVID-19, monitor potential imports of infectious diseases, and control disease outbreaks, thereby protecting the health of all Nigerians.

According to the World Health Organization (WHO), 180,907 cases of COVID-19 and 2,665 deaths were reported globally in the last 28 days, as of November 24, 2024.

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