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We Can’t Continue To Subsidise Electricity For Nigerians Because We Already Have N1.3trillion Debts — Minister Of Power
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This was made known by the Minister of Power, Adebayo Adelabu, during a press conference in Abuja on Wednesday.
Adelabu said the country must begin to move towards a cost-effective tariff model, as the country is currently owing the tune of N1.3trillion to generating businesses (GenCos) and $1.3billion due by gas firms.
He further stated that just N450billion was funded for subsidies this year, despite the fact that the ministry requires more than N2trillion in subsidies, adding that state governments would now be able to generate power independently to supply power to their respective states.
He stated that the grid had collapsed six times between December 2023 and now due to a lack of gas, ageing machines in the grid value chain, insufficient capacity to evacuate generated power, and the destruction of power stations in some parts of the country’s North-East geopolitical zone.
It was learnt that the Transmission Commission of Nigeria has over 100 abandoned projects due to discrepancies in contract figures caused by FX volatility, and that the business will not grant new contracts until all such projects are completed, according to the power minister.
The minister equally mentioned that over 50 billion Naira has been set aside in the 2024 budget to establish small grids to provide power to remote locations.
He warned power distribution businesses (DisCos) should sit up, or those found wanting will have their licence revoked.
The minister also stated that he had contacted Nuhu Ribadu, the National Security Adviser (NSA) to assist with the protection of power infrastructure.
The power minister’s remark came amid speculation that the President Bola Tinubu-led government had returned the fuel subsidy he removed during his inauguration on the 29th of May, 2023.
Ugandan President Yoweri Museveni has officially been sworn in for a seventh consecutive term after securing victory in the country’s disputed January elections, extending his nearly four-decade rule.
Tight security was observed across Kampala ahead of the inauguration ceremony, with armoured vehicles and security operatives deployed around key areas. Authorities said the measures were put in place to maintain order during the event.
Museveni, 81, was declared winner of the presidential election with more than 70 percent of the vote and is expected to remain in office until 2031. His main challenger, Bobi Wine, rejected the outcome, alleging widespread electoral malpractice including ballot stuffing. Electoral officials denied the accusations and maintained that the poll was credible.
Bobi Wine, whose real name is Robert Kyagulanyi Ssentamu, later fled Uganda, claiming he feared for his safety and accusing the government of targeting opposition figures.
Museveni first took power in 1986 after leading a rebel movement and has since remained one of Africa’s longest-serving leaders. Analysts believe this latest term could potentially be his last, although he has not publicly indicated any plans to step down.
Attention has also turned to Museveni’s son, Muhoozi Kainerugaba, who is widely seen as a possible successor. However, the military chief has faced criticism over controversial social media posts directed at opposition politicians.
At least 100 civilians were killed in a Nigerian military airstrike on a crowded market in Tumfa, Zurmi Local Government Area of Zamfara State, northwest Nigeria, Amnesty International said on Tuesday.
The strike hit the remote market on Sunday, May 10, 2026, with many victims reportedly being women and girls.
This is now the second deadly airstrike on a crowded market in northern Nigeria within the past one month, following a similar incident in April that reportedly killed more than 100 people.
Amnesty International has called on Nigerian authorities to immediately open an independent and thorough investigation into the incident.
Nigeria has signed a Memorandum of Understanding with Jordan on defence cooperation and intelligence sharing.
According to the Minister of State for Defence, Bello Matawalle, the agreement was signed in Amman, Jordan, during a meeting with the Chairman of the Joint Chiefs of Staff of the Jordanian Armed Forces, Major General Yousef A. Alhnaity.
Matawalle said that the partnership is aimed at strengthening collaboration between both countries in tackling evolving security threats, especially crimes and attacks that are asymmetric and cross-border in nature.
He added that the agreement reflects the commitment of President Bola Ahmed Tinubu’s administration to promoting peace, security, and stability across the country through strategic
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