
News
FG, Govs agree to sell five Power Plants to fund budget
The federal government and states have finally reached an agreement on the sale of five National Integrated Power Projects (NIPPs).
Alex Okoh, director-general of Bureau of Public Enterprises (BPE), who disclosed this to journalists Tuesday in Abuja, said the agency’s expectation for the sale is to exceed the N260 billion projection in the 2023 budget.
The federal government, through the BPE, had since last year planned to divest 100 percent of its shareholding in five of the power plants being run by the Niger Delta Power Holding Company (NDPHC) in order to finance the budget deficit.
The plants are Geregu Generation Company Ltd, Kogi; Ihovbor Generation Company Ltd, Benin; Calabar Generation Company Ltd, Cross River; Omotosho Generation Company Ltd, Ondo; and Olorunsogo Generation Company Ltd, Ogun.
It was gathered that the combined capacity of these power plants is about 2,300 megawatts.

“The expectation in the fiscal plan for the federal government’s 2023 budget as regards asset sales is N260 billion. And the key assets that we are looking at are the power assets – the five of the NIPP plants. Incidentally, we are reaching some understanding with the state governors for the sale of those five power plants,” Okoh said.
He added: “And that’s what has really dragged this transaction for at least for the past three years, just getting a common stakeholder understanding on the critical need to realise value from those assets now, before they depreciate beyond value.
“Thankfully, last week, we were able to resolve the issues with the governors; so for those assets, we are likely to reach financial opening of the bid before the end of the year, which is maybe next week. But the proceeds itself will come in in the first quarter of next year. So we actually project that in the first quarter of next year, we’ll be able to exceed the expectation of the budget for 260 billion, by March we should have done that.”
According to Okoh, out of the projected proceeds, the federal government owns 47 percent, which would be used to fund the 2023 federal budget, while the remaining 53 percent goes to the states since the assets are jointly owned.
Commenting on some of the electricity distribution companies (Discos) that have been taken over due to loan default, he hinted that the United Bank for Africa (UBA), which took over the Abuja Disco, is already in talks with a core investor for asset acquisition and transfer.
He said: “I know that in some quarters, it may have been misrepresented that the government took over the Discos; nothing of such happened. In the case of Ibadan Disco, it was AMCON which bought the debts of the initial lending institutions; for Benin, it was Fidelity Bank; Kaduna, Afrexim and Fidelity Bank; Kano, Fidelity Bank; and Abuja Disco, UBA.
“So the banks were allowed to step in to exercise their rights over the shares at least to mitigate their exposure on the acquisition facilities to the Discos. Now, the government, being still a 40 percent shareholder in all of these Discos, realised that banks are not utility operators; they are not Disco operators, and then gave the directive that they must exit the ownership of those shares in a maximum period of 12 months.”
He said the initial period given was six months, with another extension of six months, within which they have to sell those shares to qualified Disco operators that can then manage them efficiently.
“In that process, you recall that the intervention in Abuja which happened around December last year preceded the other four Discos. So the 12-month period is about expiring, and we are aware that UBA and a core investor are about to close out on the sale so that they can meet the deadline,” the BPE boss said.
He said the BPE’s role is to ensure that a fit and proper investor acquires those shares.
“Our consideration should align but may be different from that of the banks. The banks will be looking for the highest off-take, so that at least they can cover as much of their loan as possible. But for us at BPE, we are looking for technical capacity to operate the utility efficiently,” he added.
News
Former Kogi Gov, Ibrahim Idris, dies in UK at 77
Kogi State has been thrown into mourning as former Governor of the state, Ibrahim Idris, fondly called Ibro, has reportedly died in the United Kingdom at 77.
Sources broke the sad news on Sunday, with details of his passing still sketchy as of press time.
Though details regarding the latest development are still sketchy, family sources said Idris had suffered protracted illness.
Meanwhile, incumbent Kogi State Governor Ahmed Usman Ododo has condoled with the former governor’s family.
In his condolence message, Ododo described the late lawmaker as a man who had made meaningful contributions in politics and business.
The governor also recalled his last meeting with the ex-governor in March 2024 during a visit involving political stakeholders from Omala Local Government Area.
Ibro was not just a governor. He was an institution.
From businessman to political colossus, Idris stormed Kogi politics in 2003 when he floored incumbent Abubakar Audu to emerge governor on the platform of the Peoples Democratic Party.

What followed was a turbulent, dramatic reign.
His 2007 re-election was nullified by the courts after Audu was excluded from the ballot. The Court of Appeal in February 2008 ordered a fresh election. Idris fought back and won the March 2008 re-run, holding on to power until January 2012 when he handed over to Captain Idris Wada.
Born in Idah in 1949, Idris built his name in business before politics — founder of Ibro Trading Company, with tentacles in construction, furniture and hospitality.
He built a furniture factory in Sokoto and Ibro Hotel, reputed to be the first three-star hotel in old Sokoto State.
Fate tested him in 2006 when three of his daughters miraculously survived the ill-fated ADC Airlines Flight 53 crash that killed 96 others. A grateful Ibro called it a “superlative show of mercy” from God.
But tragedy never left him far.
In April 2024, he buried his son, Mohammed Ibrahim Idris, former member of the House of Representatives for Ankpa/Olamaboro/Omala, who died in Abuja shortly after Eid-el-Fitr prayers.
News
NDLEA intercepts N3.4bn drugs, arrests fake police officer
… Records major drug seizures across eight states, FCT
Operatives of the National Drug Law Enforcement Agency, NDLEA, have intercepted more than 1.3 million pills and capsules of tramadol and other opioids, as well as 6,000kg of cannabis, in a series of operations across eight states and the Federal Capital Territory.
The agency said the seizures had a combined street value of more than N3.4 billion.
The operations were conducted in Lagos, Edo, Niger, Delta, Ondo, Gombe and Imo states, as well as the FCT.
The NDLEA Chairman, Brig. Gen. Mohamed Buba Marwa (retd.), commended officers of the various commands for what he described as professionalism and intelligence-driven operations, urging them to sustain the agency’s balanced approach to drug control.
A major highlight of the operations was the interception of 1,200 parcels of Canadian Loud, a potent strain of cannabis, weighing 603.75kg and valued at N1.811 billion.

The operation also led to the arrest of a 49-year-old suspected drug trafficker, Innocent Ekpe, who allegedly impersonated a senior police officer to evade scrutiny at checkpoints while transporting illicit drugs across state lines.
Ekpe was arrested on Wednesday, September 16, along the Benin-Onitsha Expressway in Asaba, Delta State, with 292.48kg of skunk concealed in his silver Toyota Sienna bus.
According to the agency, preliminary investigation revealed that Ekpe allegedly presented himself as Godwin Emeka, a Deputy Superintendent of Police, using a forged police identification card.
A 39-year-old alleged accomplice, Nduka Joseph, was also arrested.
In Edo State, NDLEA operatives acting on intelligence raided a location along Agbor Road, Benin City, where they arrested 45-year-old Matthew Ossai.
The agency said Ossai allegedly used his auto-repair workshop to store illicit drugs.
Operatives recovered 48kg of Canadian Loud, 152 grammes of methamphetamine and a metal box allegedly used to store the substances.
At the Tin-Can Island Port in Lagos, NDLEA operatives placed a 40-foot container shipped from Montreal, Canada, under surveillance after it arrived on September 12.
A joint physical examination conducted with the Nigeria Customs Service and other security agencies on Wednesday, September 16, led to the discovery of 1,200 parcels of Canadian Loud weighing 603.75kg.
The consignment was concealed inside 31 black jumbo bags loaded into two Toyota Sienna vehicles in the container.
In Niger State, three suspects — Bashir Usman, 20; Abubakar Nuhu, 18; and Abdulrahman Abdulwahab, 18 — were arrested on Tuesday, September 15, during a patrol along the Abuja-Kaduna Expressway at Chachi, Tafa Local Government Area.
The suspects were allegedly found with two locally fabricated AK-47 rifles and a magazine, a locally made pistol with a magazine, and nine rounds of 9mm ammunition concealed in a black travel bag.
Two other suspects, Aminu Isyaku, 23, and Jamilu Habibu, 25, were arrested on Friday, September 18, along the Abaji-Abuja Highway.
The agency said more than 1.1 million assorted tramadol tablets and capsules, codeine syrup, methamphetamine and Exol tablets were recovered from them.
The substances were allegedly concealed in eight sacks and were being transported from Onitsha, Anambra State, to Mararaba, Nasarawa State.
In Lagos, NDLEA operatives arrested Onyeka Ofor at his residence in Aguda, Surulere, on Friday, September 18, with 48,900 pills of tramadol 225mg.
Seven cartons of cannabis sativa weighing 59kg were also intercepted at a logistics company in the state, leading to the arrest of a suspect identified as Luke Ugokwe.
In another operation in Lagos, 43-year-old Ibrahim Hudu was arrested at Apongbo on Thursday, September 17, with 998.38kg of nitrous oxide gas.
In Gombe State, a total of 154,480 capsules of tramadol were recovered from two suspects, Sabi’u Umar, 27, and Hassana Muhammad, 19.
The suspects were arrested at the Barunde area and Gombe Main Market respectively on Friday, September 18.
In Imo State, 25-year-old Ifesinachi Godwin was arrested along the Owerri-Onitsha Road on Friday with 43.85kg of skunk.
Similarly, four suspects — Blessing Effiong, Saviour Peter, David Friday Sunday and Ability Peter Sunday — were arrested during a raid on a two-hectare cannabis farm in Ita-Ogbolu Forest, Ondo State, on Tuesday, September 15.
The NDLEA said 5,000kg of skunk was destroyed during the operation, while 48kg of dried and fresh cannabis was recovered from the location.
Meanwhile, commands and formations of the agency continued their War Against Drug Abuse, WADA, sensitisation campaigns across the country during the week.
The activities included enlightenment lectures for students and staff of St. Ferdinand School, Ogbomoso, Oyo State; Unizik Secondary School, Awka, Anambra State; Scholars Nursery and Primary School, Epe, Lagos State; and Government Technical Training School, Jalingo, Taraba State.
The Delta Ports Command also paid a WADA advocacy visit to traditional ruler, King Couple Mackson Oromoni Mobene III, Pere Ama-Okosu of Ogbe-Ijoh Warri Kingdom, Delta State.
The NDLEA said the sensitisation activities were part of its continued efforts to raise awareness about the dangers of illicit drug use and trafficking.
News
Woman allegedly kills husband over plans to marry second wife
A woman identified as Bilkisu Sani has been arrested in Rogo Local Government Area of Kano State over the alleged killing of her husband, Hafisu Gausu, amid reported plans by the deceased to marry another woman.
According to reports, the incident occurred around 7pm on Friday, September 18, 2026, in the Katsalle area of Rogo town.
A resident, Auwal Kazagi Rogo, said residents rushed to the scene after hearing cries from Bilkisu, who reportedly claimed that her husband had been kidnapped and killed.
Kazagi said residents who arrived at the scene found Gausu with an injury to his head. He explained that contrary to the initial claim that the deceased had been slaughtered, residents allegedly found that he had been struck with an object.
He said the police were immediately contacted and subsequently evacuated the body for investigation.

According to the resident, Gausu had reportedly been planning to marry another woman as his second wife, a decision that allegedly led to repeated disagreements between him and Bilkisu.
Kazagi said the woman had allegedly vowed to prevent the marriage, prompting community elders to intervene in an attempt to resolve the dispute. However, tensions reportedly continued.
The police subsequently arrested Bilkisu as the prime suspect, while investigations into the circumstances surrounding Gausu’s death remain ongoing.
The deceased was buried on Saturday morning in Rogo in accordance with Islamic rites.
Reports indicate that Gausu and Bilkisu had been married for nearly seven years and had two children. Bilkisu is also reportedly pregnant for the deceased.
Sources in the community further claimed that Gausu had asked his prospective bride’s family to bring forward the wedding date by two months because of the reported disagreement with his wife.
The police have yet to conclude their investigation into the incident, and the allegations against Bilkisu remain subject to the outcome of the investigation and any subsequent court proceedings.
-
Uncategorized3 days agoIbaji and the Politics of the Perpetual Road Promise
-
News2 days agoSoludo frees jailed Akwa Okuko tiwara aki
-
Uncategorized3 days agoGunmen kill popular politician
-
News2 days agoAppeal Court upholds NDC registration, overturns Lokoja ruling
-
Editorial1 day agoWhy Nigerian Graduates and Youths Are Jobless — and Increasingly Vulnerable to Crime and Other Vices
-
News3 days agoFG suspends NSCDC Commandant over miners’ deaths in custody
-
Uncategorized3 days agoNSCDC orders probe as 40 illegal miners die in custody
-
News2 days agoLecturer arrested over ‘WhatsApp post’ on Kogi road project




