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Power Outages Persist As Presidency Approves ₦7bn Solar Project For Villa.

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6 months ago

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The administration of President Bola Tinubu has earmarked an additional ₦7 billion in the 2026 fiscal year for the solarisation of the Presidential Villa, continuing its investment in renewable energy for the seat of power.....KINDLY READ THE FULL STORY HERE▶

According to Nivo News, the allocation is contained in the State House expenditure component of the 2026 budget and is designated for the installation of a solar mini-grid at Aso Rock, which accommodates the President and other top government officials. The provision is listed as funding for the solarisation of the Villa through a dedicated solar mini-grid system.

This new allocation follows a similar initiative in 2025, when the federal government set aside ₦10 billion for the same project, signalling a sustained commitment to transitioning the Presidential Villa to alternative energy sources.

The decision has, however, reignited public debate, coming at a time when millions of Nigerians continue to grapple with persistent power outages and unreliable electricity supply. The earlier allocation attracted widespread criticism, with many questioning the priority of powering the Villa amid economic hardship and a fragile national power infrastructure.

Critics argued that the move highlighted the government’s inability to address the broader electricity challenges facing households and businesses across the country. In response, the Presidency defended the project, describing it as a strategic investment in sustainability and long-term energy efficiency.

Presidential spokesman Bayo Onanuga had explained that the initiative aligns with global best practices, noting that major government residences around the world, including the White House in the United States, make use of solar energy to ensure reliable and sustainable power supply.

The renewed focus on solar power for Aso Rock comes against the backdrop of recurring nationwide power crises. In April 2025, the national grid suffered a major collapse that plunged large parts of the country into darkness. Official data later showed that electricity generation fell sharply from over 2,000 megawatts to just 139.92 megawatts within a short period.

The grid experienced another collapse in September 2025, triggering widespread outages, including in major urban centres such as Lagos. A similar incident occurred in March 2025 after a brief surge in generation to about 6,000 megawatts, which was initially celebrated before output dropped dramatically below 1,000 megawatts.

These repeated failures have continued to expose the vulnerability of Nigeria’s power sector, fuelling growing demands from citizens for stable and reliable electricity to support homes, businesses, and essential services nationwide.

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Naira Holds Steady: Currency Stabilizes At ₦1,368 As Market Watches For New Shifts!.

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July 7, 2026

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Looking for the latest parallel market (Aboki FX) rates? Here is the breakdown for the Dollar to Naira exchange as of Monday, July 6, 2026.....KINDLY READ THE FULL STORY HERE▶

Parallel Market (Black Market) Rates

According to Bureau De Change (BDC) sources, the rates at the Lagos parallel market were as follows:

  • Selling Rate: ₦1415

  • Buying Rate: ₦1402

Official CBN Rates

For comparison, the Central Bank of Nigeria (CBN) recorded the following for the same day:

  • Highest Rate: ₦1371

  • Lowest Rate: ₦1366

Important Disclaimer: Please be aware that the Central Bank of Nigeria does not recognize the parallel market and advises individuals seeking Forex to conduct transactions through their respective banks. Additionally, keep in mind that actual buying and selling rates may fluctuate and vary from the figures stated above.

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“Police TerrOr In The Home”: Mother Left In Deep Shock Following Violent Arrest Of Adeyemi’s Father!.

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1 hour ago

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July 7, 2026

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The investigation into the alleged ₦1.3 billion scandal involving the Presidential Foreign Intervention Promotion Council (PFIPC) has intensified following the arrest of the father of the council’s promoter, Adeniyi Adeyemi. Adeyemi, who claims to lead the organization, is currently facing trial in Abuja on charges including impersonation, forgery, and conspiracy, with several prominent figures, including Femi Gbajabiamila, slated as prosecution witnesses.....KINDLY READ THE FULL STORY HERE▶

  • The Arrest: Police officers reportedly arrived at the Adeyemi family residence in Ogbomoso in four vehicles to apprehend Adeyemi’s father and a visiting family friend.

  • Legal Condemnation: Human rights lawyer Femi Falana (SAN) has denounced the arrest as unlawful, stating that there is no legal justification for the police to engage in “substituted arrests” when the accused has already committed to appearing in court.

  • Impact on the Family: Witnesses reported that the police harassed the family during the raid and prevented neighbors from intervening. Adeyemi’s mother was reportedly left in a state of shock following the incident and has since been moved to safety.

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Leah Sharibu Still Held Hostage! Official Confirmation Reveals She Is The Only One Not Yet Home!.

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1 hour ago

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July 7, 2026

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  • Mohammed Goje, the Secretary to the Yobe State Government, stated that all students abducted from the Government Girls’ Science and Technical College in Dapchi in 2018 have been freed, with the exception of Leah Sharibu.....KINDLY READ THE FULL STORY HERE▶

    • Goje noted that the other abducted girls were rescued prior to the start of Governor Mai Mala Buni’s administration in 2019, making the incident a matter of the past for the current state government.

    • Leah Sharibu was one of 110 girls kidnapped by insurgents in February 2018; while most of her classmates were released a month later, she was reportedly kept in captivity due to her refusal to renounce her Christian faith.

    • Despite ongoing government assurances, Sharibu remains the only student from the group still in captivity more than eight years after the abduction.

    • Regarding the state’s security, Goje claimed that the Buni administration has made significant progress since 2019, making all local government areas in Yobe accessible to both citizens and humanitarian aid.

    • This improvement in safety has enabled many displaced residents to return to their communities, where the government has focused on rebuilding infrastructure and providing support in healthcare, education, and agriculture.

    • Furthermore, Yobe has become the first state in Nigeria to implement the National Internally Displaced Persons Policy, providing residents with the flexibility to decide whether to return to their ancestral homes or relocate elsewhere while receiving continued government support.

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