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President Bola Tinubu Signs Electricity Act 2023 Into Law, Set To Promote Private Sector Investment

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The Electricity Act 2023, which was initially enacted by MPs in July 2022, has received President Bola Ahmed Tinubu’s approval.

The Electricity and Power Sector Reform Act of 2005 will be replaced by the Electricity Act. It offers a framework to direct the Nigerian Electricity Supply Industry’s (NESI) post-privatization phase and promote private sector investment in the industry.

Highlighted below are some of the functions the Electricity Act seeks to guide; 

State electricity empowerment 

The de-monopolization of Nigeria’s electricity generation, transmission, and distribution of electricity at the National level empowers states, companies, and individuals to generate, transmit and distribute electricity.

Under the Act, states can issue licenses to private investors who can operate mini-grids and power plants within the state. However, the Act precludes interstate and transnational electricity distribution. 

Powers of NERC 

Under the Electricity Act 2023, the Nigerian Electricity Regulatory Commission (NERC) will be able to regulate the electricity sector within Nigeria without prejudice to the powers of the states to make laws and create electricity markets within those states and to regulate those markets. 

The Act mandates how NERC can transition regulatory responsibilities from itself to state regulators when they are established. Until a state has passed its electricity market laws, NERC will continue to regulate electricity business exclusively carried out in those states. 

For now, Lagos, Edo, and Kaduna states already have electricity market laws and can start regulating their market. But for other states without such laws, NERC will regulate. NERC will still carry out cross-border regulations – generation, and transmission across states will still be regulated by NERC. 

Role of lawmakers 

The Act grants lawmakers the power to carry out oversight responsibilities and function over the NESI through its respective Committees on Power in the Senate and House of Representatives. This is to be carried out notwithstanding the supervisory powers of any government Ministry over government-owned enterprises or other entities operating in the Nigerian electricity supply industry.  

Empowering renewable energy 

Electricity generation licensees are obligated to meet renewable generation obligations as may be prescribed by NERC. Under the Act, electricity generating companies will be mandated to either generate power from renewable energy sources, purchase power generated from renewable energy, or procure any instrument representing renewable energy generation. 

The Electricity Act also mandates the imposition of renewable purchase obligations on distribution or supply licensees. 

What you should know

The Act also states that anyone may construct, own or operate an undertaking for generating electricity not exceeding 1 megawatt (MW) in aggregate at a site or an undertaking for distribution of electricity with a capacity not exceeding 100 kilowatts (KW) in aggregate at a site, or such other capacity as NERC may determine from time to time, without a license. 

 

Credit: Nairametrics

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How Yahoo Boy Tied, Dragged And Buried His Mother Alive For Ritual — EFCC

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The Economic and Financial Crimes Commission has raised fresh alarm over what it called the disturbing evolution of internet fraudsters into ritual killers, citing a recent case in which a young man allegedly buried his mother alive in a desperate quest for wealth. The Acting Zonal Director of the EFCC, Makurdi Zonal Directorate, ACE I Effa Imo Okim, revealed the details during a courtesy visit to the leadership of the Nigeria Union of Journalists in Benue State.

During the meeting, NUJ Chairman Bemdoo Ugber questioned whether the Commission had shifted its focus away from corrupt public office holders and was now concentrating more heavily on suspects involved in “Yahoo-Yahoo.” The EFCC Zonal Director dismissed the suggestion, insisting that the agency remains fully committed to tackling corruption at all levels while reinforcing that the intensified clampdown on internet fraudsters is informed by their growing involvement in violent crimes, including ritual killings.

Okim explained that many of the so-called “Yahoo boys” have turned to ritualists in search of supernatural powers to boost illicit financial gains, adding that such practices now include the sacrifice of close relatives. He warned that this pattern shows an alarming level of moral decline and criminal desperation among young people.

The EFCC official referred to a recent viral video that reportedly showed a young man killing his mother for ritual purposes. He said the case should prompt parents to closely monitor the behavioural changes and social associations of their children, particularly those in tertiary institutions, to prevent such tragic outcomes.

He narrated that the suspect joined a cult-like group shortly after entering a tertiary institution, and the group allegedly connected him with a ritualist who demanded that he bury his mother alive as a condition for acquiring wealth-producing powers. According to Okim, the young man returned home during school holidays and secretly prepared a grave before attacking his mother under the pretext of spending time with her.

Okim said the suspect allegedly struck his mother in the mouth with a heavy object, tied her up and dragged her into the grave before burying her alive in line with instructions he had received. He stated, “Not only did he tie her, he dragged her into the grave and covered her with soil — all in compliance with the demands of the ritualists.”

The EFCC official described the case as one of the most horrifying examples of the extent to which some internet fraudsters now go in their pursuit of quick riches. He warned that society is heading toward a troubling future if urgent steps are not taken to curb the trend.

The agency urged parents, community leaders and educational authorities to intensify efforts to monitor young people more closely, stressing that early detection of behavioural changes may help prevent similar tragedies.

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‘You Belong In A Zoo’, Fayose Slams Obasanjo In Thank-You Message

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Former President Olusegun Obasanjo on Monday disclosed the insulting “Thank You” text message he received from former Ekiti State Governor Ayodele Fayose following his attendance at Fayose’s 65th birthday celebration in Lagos last week.

The message, which Obasanjo’s Special Assistant on Media, Kehinde Akinyemi, described as a “Thank You” note, was made available to journalists in Abeokuta. The communication reflected Fayose’s appreciation for Obasanjo’s presence at the event alongside criticism of what he referred to as the former president’s “irresponsible comments.”
According to the content of the message, Fayose stated that he refrained from responding to Obasanjo’s remarks during the ceremony so that “the whole world” would observe the difference “between a sane man and a mad man.”

Fayose also demanded that Obasanjo return the money he had sent to facilitate the former president’s attendance at the event. The “Thank You” note read, “Dear Baba Obasanjo, I trust this meets you well. Your coming to my birthday party, I appreciate it, except for your very irresponsible comments at your age. You went so low, but I am not surprised because someone once said you are supposed to be kept away in the zoo. Sincerely, that’s where you belong.”
The message continued, “I kept quiet or did not reply to you at the function so that the world would know the difference between a sane and a mad man. It is also obvious that you have lost your sanity—or should I say, this is the heightened stage of dementia.”

Fayose added, “Not to worry, Baba. I shall set the records straight in due course. Lastly, I shall appreciate it if you return my money since you publicly admitted you received it, but Dangote brought it back. Your leopard will never change its skin.”

In response, Obasanjo was quoted as saying, “Ayo, thanks for your ‘Thank You’ message, which undisguisedly revealed who and what you are, unchanged and unchangeable. Your money has been sent back through Foluso Adeagbo, who brought it, in the same bag as he delivered it, unopened by me.”

While addressing guests as the special guest of honour at the birthday celebration, Obasanjo recounted previous occasions where Fayose allegedly insulted him. The former president stated that Fayose had sought forgiveness multiple times but continued to display what he described as arrogance.

Obasanjo added that Fayose did not initially invite him directly to the birthday event. He explained that Fayose sent former Minister Osita Chidoka to approach him before later making a phone call, after which Obasanjo asked him to visit in person.

He said, “Some people called me and said, ‘We heard that you are going to attend Fayose’s 65th birthday. Have you forgotten how he abused you?’ But I said they should not worry. Irrespective of his character, he remains one of my children.”

Obasanjo continued, “But you are not among the best of my political children. Even to get me to attend this occasion, you could not approach me directly. You sent Osita Chidoka to sound me out. You later phoned me, and I said you could come see me at any time.”

He added, “Even then, you could not come immediately. You sent Foluso ahead to gauge my feelings, and you arrived about an hour later. When you came, you called your wife, and while on the phone, I said that both of you have not conducted yourselves well—Mo ni eyin mejeji kii somoluwabi [both of you are not Omoluwabi]. Your wife asked for forgiveness, and I said both of you are forgiven.”

Obasanjo stated that he did not want the lessons from their past conflicts to be forgotten and urged Fayose to take responsibility for previous actions. He also recalled warning Fayose during his time as governor against investing in a poultry project, noting that he considered the initiative fraudulent and ultimately unsuccessful.

According to a widely circulated online video of the event, the former president advised Fayose to seek genuine repentance and forgiveness from those he had wronged, and to prioritise integrity and humility as he continues in life.

 

Credit: The Punch

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27-Year-Old Nigerian Man Kills Father, Stabs Two Sisters In US

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Police in New Orleans, United States, have arrested a 27-year-old Nigerian man, Chukwuebuka Eweni, in connection with a stabbing incident that resulted in the death of his father and injuries to two of his sisters.

Family members told WWL Louisiana, a local newspaper, that Eweni had a history of an undisclosed mental illness but had not displayed violent behaviour until last Tuesday. They said the evening began as an ordinary one before Eweni allegedly grabbed a knife and attacked his father, Samuel, and his two sisters. They added that they did not know what triggered the attack.

Samuel, who served as a professor of computer sciences at Southern University, New Orleans, was pronounced dead at the scene of the incident. The institution’s chancellor, Joseph Bouie, described Samuel as “a mentor and a guiding light” to many students.

One of Eweni’s sisters was discharged from the hospital after treatment, while the other remained under medical care as of last Wednesday but was also expected to survive. The injuries left both siblings receiving support from family and medical personnel.

Relatives said that after the stabbing, they learned that Eweni went to New Orleans East Hospital, where he often checked himself in for mental support, to seek help. The hospital, reportedly unaware of the crime, transferred him to another facility in Jefferson Parish as part of routine procedure.

Police tracked him to the second facility the following morning after securing an arrest warrant. Authorities stated that Eweni was wanted on one count of second-degree murder and two counts of attempted second-degree murder. Police added that he is currently undergoing evaluation at a medical facility.

Tributes for the deceased professor have continued to pour in across social media. One sympathiser, Emem Akpabio, wrote on Facebook, “Just got notified that my very first client, and loving father of three whom I obtained sole custody of his kids some 8 years ago, passed away and was found in his truck somewhere in Texas.”

Another Facebook user, who identified herself as an acquaintance, Josely Pueten, wrote, “I just received a phone call about him. He was one of our tenants here in Arlington. I never had the opportunity to meet him, but I know I got that call for a reason. I’m so sorry for his passing.”

A similar message was shared by another user, Aboukia Fessibay, who wrote, “Bode has gone too soon; so sad to see this of his passing to the great beyond. May God be with his children and the rest of his beloved family and friends.”
The incident adds to the growing number of tragic cases involving Nigerians overseas.

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