News
Consumers kick as IBEDC hikes energy cost
The Ibadan Electricity Distribution Company is under fire for raising its minimum energy credit purchase requirement for Band A customers to N5,000.
The Disco also capped the minimum energy credit for customers on other bands at N2,000, sparking outrage and condemnation from various consumer groups.
In a message to its customers, the IBEDC said, “Please be informed of a recent update regarding IBEDC electricity recharge. Users on Band A must now make a minimum recharge purchase of N5,000. Users in other bands must make a minimum purchase of N2,000.
“Kindly note that this new payment structure is effective already and applies exclusively to IBEDC customers.”
The PUNCH reports that before now, customers were allowed to purchase energy credit of any amount and this still operates in other Discos except the IBEDC.
The spokesperson of the Ibadan Disco, Busolami Tunwase, said this new policy was to curb energy theft, but she did not give further details about how this will be achieved.
“It’s part of efforts at curbing energy theft,” she tersely replied when our correspondent contacted her.
Defending the initiative, a top official of the company who did not want to be mentioned, said currently, while reviewing the vending platform, it was discovered that some customers were vending low amounts which they use for a whole month, wondering if this could be possible.
“If a Band A customer vends 50 units, the amount to pay is N10,450 exclusive of VAT. So, this means the customer is using less than two units a day for one month? We think this is practically impossible,” the official stated.
He noted that some customers were engaging in meter bypass, thereby paying little to enjoy a stable power supply.
Speaking on the matter, the National Coordinator of All Electricity Consumers Forum, Adeola Samuel-Ilori, noted that the policy has to be reversed to avoid backslashes.
Samuel-Ilori said it is against consumers’ right to choice and this may trigger litigations.
“It’s unacceptable to take away the right of people to choose what their purchasing power can afford. Electricity is not a privilege but a right under the constitution and power sector law of operation. A reversal will be required in my official letter to the IBEDC this week. And after the ultimatum, we may engage litigations to compel reversal,” he told The PUNCH.
Also, the Convener of PowerUp Nigeria, Adetayo Adegbemle, remarked, “I don’t think there’s anything in the Nigerian Electricity Regulatory Commission’s regulation that supports such limitations from IBEDC. I understand IBEDC is trying to raise its collections, but it needs to be careful not to incur further penalties from the regulators.”
Adegbemle maintained that the policy will not curb energy theft, but it will rather encourage it if people are not able to vend according to their pockets.
The President of the Nigeria Consumer Protection Network, Kola Olubiyo, told our correspondent that the Federal Competition And Consumer Protection Commission and the Nigerian Electricity Regulatory Commission are already investigating the allegations.
He said, “The very essence of promoting a competitive electricity market and the right to choice and freedom of the end-user customers in these particular circumstances are being undermined.
“It is an absurdity and an unthinkable monopolistic conscription of the demand side of the market.”
Similarly, the Executive Director of the Electricity Consumer Protection Advocacy Centre, Princewill Okorie, lamented that the power sector is increasingly becoming oppressive and anti-consumer friendly, reeling out policies that are not in line with realities.
Okorie wondered why a customer would be compelled to buy the quantity of product he is not ready for.
Okorie stressed, “The Federal Competition and Consumer Protection Commission should be approached to do its job of protecting consumers in line with the provisions of their Act.
“Why will a consumer be forced to buy the quantity of product he is not ready for? This administration needs to explain if they are here to protect the welfare and security of the people or to oppress them. Civil liberty and civil rights need to be protected.”
Credit: PUNCH
News
Time for excuses over, says Wike
The Minister of the Federal Capital Territory, Nyesom Wike, has assured Nigerians that the President Bola Tinubu administration will deliver greater development strides in 2025, declaring that the era of excuses for non-performance is over.
Wike stated this on Monday night after receiving the ThisDay Award as the Minister of the Year.
“I want to assure all those who do their businesses in Nigeria that this year, 2025, we will see more developments and more infrastructure, that is what is basic for us. We have no time for excuses; the time for excuses has gone,” he said.
Wike thanked the president for allowing him to contribute to the development of Nigeria.
The awards saw Zenith Bank Plc emerge as a winner in the Bank of the Year category, while Access Bank won the Global Bank of the Year.
Other recipients of awards included Dangote Petroleum Refinery and Petrochemicals, which emerged as Company of the Year, while MTN, was Brand of the Year.
Shell Nigeria Plc was awarded Investor of the Year; Managing Director and Chief Executive Officer of Providus Bank, Mr Walter Akpani, won the Banker of the Year, while Senator Adams Oshiomhole and Natasha Akpoti Uduaghan both won Senators of the Year.
The Publisher of The Guardian Newspaper, Lady Maiden Ibru, and the Chairman of Fidelity Bank PLC, Mustapha Chike-Obi, both received the Lifetime Achievers Award.
Four governors were jointly awarded Governor of the Year: Uba Sani (Kaduna), Babajide Sanwo-Olu (Lagos), Sheriff Oborevwori (Delta), and Umo Eno (Akwa Ibom).
Speaking after receiving the award, Governor Oborevwori stated that the recognition would inspire him to increase his efforts toward improving the lives of Deltans.
He remarked that, as the year 2025 unfolds, his administration will be unwavering in the desire to redouble efforts towards building a more peaceful state and a resilient economy.
“As a man with street credibility, we are in touch with the grassroots and, as we are building infrastructure, we are also building our people because you may have the infrastructure and the people are hungry.
“So, we are building the capacity of the people and we are also building infrastructure and investing in agriculture and other sectors of the economy,” Oborevwori said.
News
PDP knocks Aiyedatiwa as lawmakers get N200m for phone calls
The Peoples Democratic Party in Ondo State has criticised Governor Lucky Aiyedatiwa over the recently signed 2025 state budget, labelling it a “budget of looting” due to what it described as wasteful and dubious allocations.
Governor Aiyedatiwa signed the N698.6bn budget into law a week after its passage by the state House of Assembly.
The budget allocates N265.04bn for recurrent expenditure and N433.62bn for capital projects.
However, the PDP has questioned the transparency of the spending plan, singling out allocations it considers frivolous.
These include N200m for lawmakers and N280m for the Speaker of the Ondo State House of Assembly for “phone expenses.”
In a statement issued on Tuesday by its Publicity Secretary, Kennedy Peretei, the opposition party described the allocations as outrageous and unnecessary.
“The Ondo State 2025 Appropriation Act, signed by Governor Lucky Aiyedatiwa, is aptly a ‘Budget of Looting.’ Yet, the Governor branded it a ‘Budget of Recovery,’” Peretei said.
The PDP also queried the allocation of N11.5bn to the Ministry of Finance under the subhead of “security vote,” stating that such an amount is unjustifiable and raises serious concerns about accountability.
“Not even budget experts can explain the rationale for a Ministry receiving a ‘security vote,’ which is distinct from what the Governor himself collects monthly under the same subhead,” the statement added.
Critical sectors such as education and healthcare, the party noted, were allocated N77.02 billion and N46.02 billion respectively, amounts it deemed inadequate for meaningful development.
The PDP further called on the Economic and Financial Crimes Commission to investigate what it termed the “brazen looting” embedded in the budget.
But the Ondo State chapter of the All Progressives Congress dismissed the PDP’s allegations as baseless and a misrepresentation of facts.
In a statement by its Director of Media and Publicity, Steve Otaloro, the APC argued that the budget was designed to foster economic growth and development in the state.
“The allocations are in line with the state’s development priorities. The PDP’s claims are nothing more than an attempt to discredit the administration out of bitterness for losing the last governorship election,” Otaloro said.
The controversy highlights a deepening rift between the ruling APC and the opposition PDP over the state’s fiscal policies, with questions raised about the prioritisation of funds amid widespread economic challenges.
News
Police arraign Sowore today for calling Egbetokun ‘illegal IG’
The Inspector General of Police, Kayode Egbetokun, has initiated legal action against activist Omoyele Sowore over comments he made on social media, referring to Egbetokun as an “illegal IG.”
Sowore is facing three charges related to Cybercrime under the Cybercrime (Prohibition, Prevention, ETC) Act, 2015, as amended in 2024.
According to the charges, filed in a suit marked FCH/ABJ/23/25, Egbetokun accused Sowore of intentionally and knowingly sending messages through his verified Twitter account, where he referred to the IG as “illegal IGP Kayode Egbetokun.”
The police allege that these publications were false and aimed at causing a breakdown of law and order.
Count one of the charge sheet reads, “That you, Omoyele Sowore, on December 13, 2024, did intentionally send messages through your verified X handle account, ‘Omoyele Sowore,’ calling the Inspector General of Police ‘illegal IGP Kayode Egbetokun,’ knowing it to be false and intending to cause a breakdown of law and order.”
In count two, Sowore is accused of making threats intended to incite Nigerians against the Nigeria Police Force and damage the reputation or property of the IG or the force.
Count three involves a statement Sowore allegedly made on December 20, 2024, which said: “The illegal IG of Nigeria Police Force, Kayode Egbetokun, will make the next #ENDSARS inevitable! He is working tirelessly towards it. Just a matter of time. #EgbetekunMustGo #Revolution.”
The police alleged that Sowore’s messages were aimed at causing unrest and undermining the authority of the police.
Sowore is set to appear before Justice Liman of the Federal High Court in Abuja today (Wednesday).
His legal team, led by Marshall Abubakar, confirmed that the charges will be heard in court.
Deji Adeyanju, a political activist, stated that the charges represent an abuse of the legal process, promising a strong response in court.
Sowore was arrested on Monday after refusing to accept bail conditions set by the police following allegations of obstructing public officers and cyberstalking.
The charges have been brought in the context of ongoing tension between Sowore and the Nigerian authorities, particularly after a viral video he posted in December that alleged police extortion at a checkpoint in Lagos.
Sowore’s refusal to meet bail conditions, which included providing a Level 17 civil servant as a guarantor and surrendering his passport, led to his detention at the IRT detention facility in Abuja.
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