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Electricity Act Fallout Rocks Sector—Operators Warn of Chaos Over Tariff Cuts

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More states are moving to slash electricity tariffs after the Enugu Electricity Regulatory Commission (EERC) announced a new tariff order reducing Band A charges for MainPower Electricity Distribution Limited customers from ₦209 per kilowatt-hour to ₦160/kWh, effective August 1, 2025.....KINDLY READ THE FULL STORY HERE▶

The decision has sparked outrage among power generation and distribution companies, who warned that such moves could cripple the already fragile power sector. According to the Association of Power Generation Companies (GenCos), the industry is currently owed more than ₦5 trillion in unpaid invoices.

Despite the backlash, the Enugu government insisted on its decision, stressing that it followed due process before approving the new Band A tariff. The EERC argued that the revised tariff reflects the Federal Government’s subsidies aimed at cushioning electricity costs for consumers.

GenCos and Discos, however, pushed back. In a statement issued Monday, Joy Ogaji, Chief Executive Officer of the Association of Power Generation Companies, warned that Enugu’s tariff order sets a dangerous precedent for other states and does not reflect the true cost of electricity generation.

States Join Enugu’s Tariff-Cut Drive
On the same day, other states with independent electricity regulatory powers signaled plans to follow Enugu’s lead. The Nigerian Electricity Regulatory Commission (NERC) recently disclosed that seven states—Enugu, Ondo, Ekiti, Imo, Oyo, Edo, and Kogi—now control their electricity markets under the Electricity Act 2023, with Lagos, Ogun, Niger, and Plateau expected to complete transitions by September.

Officials from Ondo and Plateau confirmed they are considering tariff cuts, while Lagos said it will soon unveil its own tariff plan. Ekiti, however, noted that it would continue with the NERC-approved Multi-Year Tariff Order for now.

Discos Demand States Cover Shortfalls
Distribution companies operating in these states warned that any government implementing tariff reductions must cover the resulting revenue shortfalls immediately, rather than shifting the burden to the Federal Government—which itself still owes over ₦4 trillion to GenCos.

EERC’s Order No. EERC/2025/003 reduced tariffs only for Band A customers while leaving Bands B, C, D, and E unchanged. EERC Chairman Chijioke Okonkwo explained that the review of MainPower’s licence and tariffs justified the reduction, which he described as cost-reflective.

GenCos: Tariff Cuts Based on False Assumptions
GenCos disagreed, arguing that Enugu’s assumptions on subsidies are flawed and dangerous. Ogaji stressed that there is no Federal Government-backed subsidy to cover the ₦45 per kWh cost gap the EERC order relies on, adding:

“This tariff issued by EERC has set a precedent for all other states. From their tariff order, only ₦45 is captured for the generation cost out of ₦112. This raises critical questions about how legacy debts and liabilities will be handled under power sector decentralisation.”

Ogaji further queried whether EERC expects the Federal Government to continue subsidising its electricity market or intends to design tariffs that attract investors without federal backing.

She also highlighted that GenCos are owed over ₦4 trillion, while the Federal Government’s 2025 budget allocates only ₦900 billion for electricity support—an amount she described as grossly inadequate to cover arrears and ongoing deficits.

“The power generated by GenCos is being fully consumed,” she said, “but payments remain incomplete, and there are no workable solutions—such as cash settlements, financial instruments, or debt swaps—in sight.”

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‘Kwankwaso Is More Experienced Than Peter Obi’ – Buhari’s Ex-Aide Declares.

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Ahmad made the assertion in a post on his X handle, maintaining that Kwankwaso’s decision to accept the position of running mate should be seen as an act of political modesty rather than an indication that he is less qualified than Obi.....KINDLY READ THE FULL STORY HERE▶

According to the former presidential aide, the relationship between the two politicians should be viewed as one of equals rather than that of a superior and a subordinate.

“To be entirely candid, the political dynamic between Rabiu Kwankwaso and Peter Obi ought to be characterised as one of collegiality between peers, rather than a hierarchy of principal and subordinate,” he wrote.

He added, “The choice to assume a deputy role beneath Obi ought to be interpreted as a testament to political modesty.”

Making a case for Kwankwaso’s political experience, Ahmad recalled that the former Kano State governor served as Deputy Speaker of the House of Representatives before Obi became a prominent figure in national politics.

He also noted that Kwankwaso governed Kano State, which he described as Nigeria’s most populous and politically influential state, for two terms and served as a federal minister.

“If we are assessing political experience, Sen. Kwankwaso probably has a longer and more impressive political background than Peter Obi,” Ahmad stated.

In contrast, the former presidential aide argued that Obi’s major public office experience was limited to his tenure as governor of Anambra State.

“Unlike other candidates, Peter Obi was just a former governor of Anambra State,” he wrote.

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‘I Have Stopped Impregnating Women’ – 2Baba Makes Shocking Revelation.

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Nigerian music star Innocent Idibia, popularly known as 2Baba, has declared that he no longer impregnates women.....KINDLY READ THE FULL STORY HERE▶

The singer made the statement on Saturday during a live performance at Rehab Lounge in Calgary, Canada.

While performing his hit song True Love, 2Baba paused to interact with the audience and playfully asked the women present to identify where his true love was.

He jokingly wondered whether she was standing at the back of the venue or somewhere in front of him before making a remark about his experiences with women.

The award-winning musician told the audience that he had stopped getting women pregnant, adding that he had been making the same confession wherever he performed recently.

He said, “For the purpose of this show, I will pretend like I’ve never seen anything before. Where’s my true love? Is she back there? Is she right here? Is she somewhere here? Where’s my true love? You people shouldn’t put out me for trouble.

“As I said, some ladies they fear to shout. See, everywhere I go these days, I make this confession. As I say, some ladies they fear to shout. I say, I don’t fear to shout. Because I don’t stop to dey give woman belle. Ask anyone, they’ll tell you, I don’t do such thing things again.”

The singer’s comment comes amid public interest in his personal life and relationships.

2Baba was previously married to Nollywood actress Annie Macaulay-Idibia. The couple announced their separation in January 2025 after having two children together.

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NPFL Cracks Down! Abia Warriors, Katsina United, Warri Wolves Hit With Sanctions.

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Abia Warriors were fined ₦3.2 million for failing to provide adequate security as agreed during the pre-match technical meeting ahead of their encounter with Niger Tornadoes.....KINDLY READ THE FULL STORY HERE▶

Abia Warriors were fined ₦3.2 million for failing to provide adequate security as agreed during the pre-match technical meeting ahead of their encounter with Niger Tornadoes.

The Umuahia-based club was also found guilty of an attempt by one of its officials to disrupt the live broadcast of the match by harassing a crew member of the league’s broadcast partner.

As part of the disciplinary measures, Abia Warriors’ multimedia officer, Chidera Favour Igwe, has been suspended from all NPFL match activities for five matches.

Katsina United, meanwhile, were fined ₦2 million for failing to provide adequate and effective security during their home fixture against Plateau United.

The club was also sanctioned for allowing supporters to encroach onto the field of play during the encounter.

Warri Wolves Receive Heaviest Punishment

Warri Wolves have been handed the most severe sanctions following the unruly behaviour of their supporters during Sunday’s Matchday 10 clash against Kano Pillars in Ozoro.

The Seasiders were fined ₦4.2 million and docked three points and three goals from their accumulated tally. The club was also ordered to play its next three home matches behind closed doors.

According to the NPFL, Warri Wolves failed to provide adequate security at the stadium, resulting in an assault on match officials after the final whistle.

The league further disclosed that the second assistant referee sustained a nose injury and was left bleeding during the incident.

The NPFL stated that all three clubs have 48 hours from the date of notification to appeal their respective sanctions in accordance with the league’s disciplinary procedures.

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