News
Enugu Tanker Explosion: Death Toll Rises to 23 as More Victims Succumb to Injuries

By Kayode Sanni-Arewa
The death toll from the tanker explosion at the Ugwu-Onyeama axis of the Enugu-Onitsha Expressway has climbed to 23, following the deaths of two additional victims who had been receiving treatment in the hospital.
Franklin Agbakoba, the Sector Commander of the Federal Road Safety Corps (FRSC), Enugu State Command, confirmed the latest fatalities on Tuesday in Enugu. He stated that two female victims—one at the University of Nigeria Teaching Hospital (UNTH), Ituku-Ozalla, and another at the National Orthopaedic Hospital, Enugu—succumbed to their injuries after battling for about a week.
The deadly incident occurred on January 25, at approximately 11:30 a.m., when a fuel-laden tanker suffered a brake failure, overturned, and exploded. The inferno engulfed multiple vehicles, killing 11 people instantly before emergency responders could arrive.
The situation worsened in the days that followed:
January 26: The death toll rose to 18.
January 29: The number of fatalities increased to 21.
February 5: The latest update brings the toll to 23.
Following the explosion, emergency personnel, including FRSC officers and the Enugu State Fire Service, swiftly responded to the scene.
The fire was eventually extinguished, and the bodies of the deceased were evacuated, while injured survivors were rushed to major hospitals in Enugu.
According to Agbakoba, five victims were initially admitted to UNTH:
One succumbed to injuries at the end of January.
Another remains hospitalized.
Three victims from the same family were discharged against medical advice and opted for traditional treatment at home.
At the ESUTH Teaching Hospital, Parklane, Enugu:
Three female victims remain hospitalized.
Two patients were referred to the National Orthopaedic Hospital due to severe burns.
At the National Orthopaedic Hospital, Enugu:
One of the three victims admitted six days ago has died.
Two remain in critical condition.
They were later joined by another victim referred from ESUTH.
Agbakoba had previously disclosed that the tragic accident involved 44 individuals, as well as 16 vehicles (both commercial and private) and a commercial tricycle.
In total:
23 people have now lost their lives (8 males and 15 females).
Another 23 sustained injuries and were treated across three major government hospitals:
UNTH Ituku-Ozalla
ESUTH Teaching Hospital, Parklane
National Orthopaedic Hospital, Enugu.
The rising death toll underscores the severity of burn injuries and the urgent need for improved emergency response and medical facilities in Nigeria. Authorities have continued investigations into the accident, with calls for stricter safety regulations for fuel tankers to prevent similar tragedies in the future.
News
CBN announces revised documentation requirements for PAPSS transactions

The Central Bank of Nigeria (CBN) has announced a revised documentation requirement for transactions conducted through the Pan-African Payment and Settlement System (PAPSS) in Nigeria.
This was disclosed in a statement issued by the apex bank’s acting Director, Corporate Communications, Mrs. Hakama Sidi Ali
The CBN said the new initiative is part of its ongoing commitment to foster seamless intra-African trade, financial inclusion, and operational efficiency for Nigerians engaging in cross-border payments within Africa.
Launched by Afreximbank in partnership with the African Union and the African Continental Free Trade Area (AfCFTA) secretariat in January 2022, PAPSS serves as a centralized payment and settlement platform that enables instant, secure, and efficient cross-border transactions throughout Africa.
By facilitating payments in local currencies, PAPSS minimizes reliance on third-party currencies, reduces transaction costs, and supports the rapid expansion of trade under the AfCFTA.
In a recent circular referenced TED/FEM/PUB/FPC/001/006 issued on April 28, 2025, CBN outlined the key changes to the documentation requirements associated with PAPSS transactions.
The key changes it added take effect immediately and include simplified documentation for low-value transactions, which allows customers to now use basic KYC and AML documents provided to their authorized dealer banks for low-value transactions of up to $2,000 and $5,000 equivalent in naira for individuals and corporate bodies, respectively.
“For transactions above the thresholds, all documentation as stipulated in the CBN foreign exchange manual and related circulars remains mandatory,” the bank said.
Also, the CBN added that applicants are responsible for ensuring all regulatory documents are available to facilitate the clearance of goods, as required by relevant government agencies.
“Authorized dealer banks may now source foreign exchange for PAPSS settlements through the Nigerian foreign exchange market, without recourse to the CBN.
“All export proceeds repatriated via PAPSS shall be certified by the relevant processing banks.
“The Central Bank of Nigeria urges all banks to adopt PAPSS and commence originating transactions in line with this new policy.
“In addition, CBN encourages exporters, importers, and individuals to familiarize themselves with the new requirements and leverage PAPSS for cross-border transactions within Africa,” the statement said.
News
Reps Set Stage for Nigeria’s First Legislative Conference on Renewable Energy

By Gloria Ikibah
The House of Representatives is set to host the country’s first National Legislative Conference on Renewable Energy, aimed at driving new laws, attracting investment, and pushing Nigeria further along its energy transition journey.
This was revealed during a press briefing by the Chairman, House Committee on Renewable Energy, Rep. Afam Victor Ogene, who described the event as a turning point for energy legislation in Nigeria.
He said: “The conference aims at bringing together key stakeholders and industry players to discuss renewable energy legislations, energy transition, renewable energy financing, investment opportunities and related matters.
“It’s about developing a national legislative framework on renewable energy”.
The conference, which is being organised by the House Committee on Renewable Energy in partnership with the Office of the Speaker of the House of Representatives, and the United Nations Development Programme (UNDP), will take place under the UNDP Parliamentary Development Program.
Rep. Ogene noted that recent legal reforms have created space for state governments to play a more active role in Nigeria’s power sector. He pointed to the Fifth Alteration Bill 2022 (No.33), now signed into law, which allows states to legislate on electricity matters within the national grid. Before now, states could only act on off-grid power.
In addition, he highlighted the Electricity Act of 2023, which came into effect in February 2024.
“It permits states to issue licenses for all electricity activities – generation, transmission and distribution across the entire power sector value chain,” he said.
The Committee Chairman further stated that the new National Integrated Electricity Policy, expected in 2025, will guide states in forming new electricity markets, where solar power and other renewable sources will be key to reaching underserved communities.
Ogene explained, “The conference has three clear objectives:
“To promote dialogue among legislators, experts and stakeholders on critical legislative priorities.
“To establish a coordinated platform for federal and state lawmakers, and to produce a clear, time-bound legislative action plan.
“International partners are also on board. The Inter-Parliamentary Union (IPU) will participate, and parliaments from South Africa, Ghana and Gambia have confirmed attendance. Ghana is sending a three-man delegation led by the Deputy Speaker, Rt. Hon. Alban Kingsford Bagbin”.
In another major highlight, the Netherlands-based platform INCLUDE will host a Pan-African Legislative Dialogue session on renewable energy, to be chaired by the Hon. Speaker, Rt. Hon. Abbas Tajudeen.
“The session will focus on how to establish a unified legislative framework on renewable energy development, investment and financing.
“The time has come for us to act. This is not just another conference – it is the foundation of Nigeria’s renewable energy future”, Ogene added.
Expected outcomes from the conference include new policy and legislative reform proposals to boost renewable energy use, as well as draft laws that will encourage public and private sector investment.
Other goals are to enhance collaboration between federal and state lawmakers, raise public awareness, and roll out a practical roadmap for implementation and progress tracking.
The event will also feature a technology showcase of renewable energy innovations and business opportunities.
News
Alleged money laundering: EFCC produces Aisha Achimugu in court

By Francesca Hangeior
The operatives of the Economic and Financial Crimes Commission (EFCC), on Wednesday, arrived at the Federal High Court in Abuja with the businesswoman, Aisha Achimugu, as ordered by the court.
Achimugu, who was sandwiched by two female EFCC officers, arrived in court at about 11:35 am.
It could be recalled that Justice Inyang Ekwo had, on Monday, ordered the industrialist, alleged to have fled the country, to honour the invitation by the anti-graft agency on Tuesday at noon.
Justice Ekwo, who gave the order in a short ruling, also ordered the EFCC, upon the appearance of Achimugu at its office, to return with her to court on Wednesday for a report.
Achimugu was, however, said to have been arrested by the EFCC’s operatives on her arrival abroad at about 5 am and kept in custody.
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