Tag: Power minister

Tariff hike: ‘FG still subsidising electricity’ – Adelabu

Aminu Imam
Minister, Adelabu

Minister of Power, Adebayo Adelabu, has said the Federal Government is still paying subsidies on electricity despite the recent hike in tariff for Band-A customers. Speaking in an interview during a television programme  on Thursday, he explained that the Government has about N1.8 trillion to pay in electricity subsidy for 2024. According to him, “The Electricity Act, 2023 made provisions for the review of tariff twice a year”. He added that review of tariff is legal once it is within the exclusive responsibility of the Nigerian Electricity Regulatory Commission, (NERC),…

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Nigerian students demand resignation of Power Minister, Adelabu in 7 days

Aminu Imam
NANS Adelabu

…Threatens protest The National Association of Nigerian Students (NANS) has demanded the immediate resignation of the Minister of Power, Adebayo Adelabu, over the poor electricity situation in the country. NANS further called on other ministers who they claimed are not active to step down from their positions, threatening to organise a protest at the Ministry of Power if their demand was not met within the next seven days. The national student body issued a notice of protest at the Ministry of Power, saying that they stand united in their demand…

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$6bn Mambilla Deal: Abuja High Court remands ex-Power minister in prison

Aminu Imam

A Federal High Court in Nigeria has remanded the country’s former Minister of Power, Olu Agunloye, in prison over his alleged involvement in a $6 billion scandal surrounding the Mambilla hydro-power project. Recall that the Economic and Financial Crimes Commission (EFCC) brought charges against Agunloye, accusing him of fraud, abuse of power, and diversion of public funds related to the project, which has been plagued by delays and corruption allegations for decades. Agunloye appeared before the Federal High Court in Abuja yesterday, and pleaded ‘not guilty’ to the charges read…

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$6bn Hydro-power project: EFCC declares ex-Power minister ‘wanted’

Aminu Imam

The Economic and Financial Crimes Commission (EFCC) has declared former Minister of Power and Steel Development, Olu Agunloye, as ‘wanted’, in connection with an ongoing investigation into the stalled $6 billion Mambilla Hydro-power Project. The Commission, on its verified Facebook page, urged Nigerians who know the whereabouts of Agunloye to report to the nearest police station, or inform the EFCC. It also gave his last known address as No. 20, Sold Boneh Way, Bodija, Ibadan, Oyo State. It urged anyone “with useful information as to his whereabouts” to contact its…

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