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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.”

BIG STORY

Peter Obi Makes U-Turn, Says Position On Church Vigils Distorted

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Peter Obi, the presidential candidate of the Labour Party in the 2023 election, on Sunday, said his recent suggestion to convert ‘church vigils into night shifts’ has been misrepresented.

The former Anambra State governor, faced intense backlash after his interview on the Honest Bunch podcast aired on Saturday.

He stressed that Nigeria’s poverty and unproductivity stem from two major factors: politics and religion.

Specifically, Obi argued that Nigerians spend too much time attending church services from Monday to Friday, which sparked mixed reactions.

While some saw his statement as an attack on religious practices, others viewed it as a call to balance faith with productivity.

Reacting via a statement issued by his media aide, Ibrahim Umar, in the wake of the outrage, the former governor said his account was twisted and blown out of proportion.

The statement partly read, “Our attention has been drawn to a huge twist in his recent media interview, saying erroneously that he called for the dismantling of churches in Nigeria.

“By the headline given to the interview, the import of Obi’s message has been greatly overturned and grossly distorted to serve a mischievous end.

“The Labour Party leader is well known as a man of strong faith who has enormous respect and love for every religion and tried in the referenced interview to bring to Nigerians how religion can be more effective in their lives.

“Obi, in the interview, was merely underscoring what Apostle James said in ‘Faith without Works is unhelpful.’ When Obi said that he would turn night vigil into production night, he was only stressing the importance of worshipping God through work.

“Even Jesus Christ never picked any of his 12 disciples where they were praying but where they were working as fishermen and tax collectors, among others.

“What we are doing in Nigeria, which Obi’s interview is highlighting as wrong and should be discontinued, is exchanging work for prayer when the two should go together.

“There is no evidence in the scripture that Jesus blessed an idle person. The problem In some of Nigeria’s worship communities is that they are not following St James advisory that we should be doers of the words.”

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EFCC Arrests Former Delta Governor Okowa Over Alleged Fraud

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Operatives of the Economic and Financial Crimes Commission (EFCC) arrested former Delta State Governor, Ifeanyi Okowa, on Monday in connection with the alleged diversion of N1.3 trillion.

The N1.3 trillion is said to represent the 13% derivation fund from the federation account between 2015 and 2023.

Sources within the EFCC confirmed that Okowa was taken to the agency’s office in Port Harcourt, Rivers State, where he was subsequently detained.

One of the sources stated, “Okowa was at our Port Harcourt office following an invitation from investigators probing the allegations against him. He was then arrested. The commission is investigating him regarding the N1.3 trillion 13% derivation fund from the federation account between 2015 and 2023

“He is also accused of failing to account for the funds, as well as another N40 billion he allegedly claimed was used to acquire shares in UTM Floating Liquefied Natural Gas. He reportedly bought shares worth N40 billion in one of the country’s major banks, representing an 8% equity stake, to support the offshore LNG project. The funds are alleged to have been misappropriated for other purposes.

“Investigators are also examining the alleged diversion of funds by the former governor to acquire estates in Abuja and Asaba, Delta State. He is currently being held at the EFCC facility in Port Harcourt.”

When contacted, EFCC spokesperson, Dele Oyewale, confirmed the arrest but declined further comment on the matter.

“He is with us,” Oyewale simply said.

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BIG STORY

JUST IN: Tinubu Directs Immediate Release Of Minors Facing Prosecution

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has directed that all the minors arrested and facing prosecution in court over their alleged involvement in the #EndBadGovernance protest should immediately be released without prejudice to the law.

This follows the national outrage and international consternation that trailed the trial of the minors.

President Tinubu also directed the Minister of Humanitarian Affairs and Poverty Reduction to see to the welfare of the minors.

The Minister of Information and National Orientation, Mohammed Idris, disclosed this while briefing State House correspondents, in Abuja.

The Minister said that the President said all the law enforcement agents involved in the arrest, detention and prosecution of the minors be investigated and anyone found culpable, would face appropriate disciplinary action.

 

More to come…

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