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Nigeria’s Power Sector Crisis: GenCos Threaten Shutdown Over N4 Trillion Debt

Abuja, Nigeria - The Association of Power Generation Companies (APGC) has declared a state of emergency in Nigeria's electricity sector, warning that generating plants may be forced to shut down within weeks unless the Federal Government settles outstanding debts exceeding N4 trillion. Critical Situation: Total debt comprises N2 trillion for 2024 power supply and N1.9 trillion in legacy debts Current payments cover less than 30% of monthly generation costs Many plants now operating at a loss, with critical maintenance deferred Sector Impact:The liquidity crisis threatens to: Disrupt gas supply contracts Jeopardize workforce salaries Force emergency plant shutdowns Trigger nationwide blackouts Market Realities: GenCos supply 80% of grid electricity Current payments only cover about 27% of actual generation costs Working capital exhausted across most generation facilities Government Response:The Ministry of Power has: Acknowledged receipt of GenCos' distress call Scheduled emergency NESI meeting […]

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Beyond the Screen: How MultiChoice Powers Nigeria’s Creative Economy

Lagos, Nigeria – As controversy swirls around MultiChoice Nigeria's recent price adjustments, new data reveals the media giant's extensive contributions to the nation's creative economy, employment landscape, and tax revenue streams. Key Economic Contributions Employment Generator: Supports 28,000+ direct and indirect jobs SME Enabler: Partners with 20,000+ small businesses nationwide Tax Revenue: Paid $469 million (2015-2023) to government coffers Content Production: 90% of Africa Magic programming now Nigerian-made Talent Development Initiatives The company's MultiChoice Talent Factory has trained 7,700+ film professionals since inception, with graduates working on international productions. The annual Africa Magic Viewers' Choice Awards (AMVCAs) has disbursed over $5 million in prizes and grants, elevating Nollywood's global profile. Regulatory Standoff Continues The recent 20% price increase for DStv Premium (₦37,000 to ₦44,500) sparked consumer outrage and regulatory intervention: FCCPC attempted to block the hike citing consumer protection Federal High Court ruled in MultiChoice's favor, upholding […]

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President Tinubu Launches Major Overhaul of Vital Abuja-Kaduna-Kano Highway

Jere, Kaduna State - In a landmark move for Nigeria's infrastructure development, President Bola Tinubu has officially commenced the comprehensive reconstruction of the strategic Abuja-Kaduna-Zaria-Kano highway, a critical economic artery serving northern Nigeria. Project Specifications: Route Span: 265km dual carriageway connecting four major cities Scope: Complete rehabilitation including: Road surface replacement Bridge repairs/upgrades Modern safety features installation Drainage system overhaul Implementation: Phased approach with Abuja-Kaduna segment as priority Economic Significance: Transport Hub: Links Nigeria's capital to 12 northern states Commercial Lifeline: Carries 65% of northbound goods from Lagos ports Agricultural Corridor: Vital for moving farm produce to markets Safety Imperative: Accounts for 22% of fatal crashes on federal roads (FRSC 2024 data) Official Statements:Governor Uba Sani, representing President Tinubu, emphasized:"This project fulfills our Renewed Hope infrastructure mandate. The highway's deterioration - with some sections achieving just 30% of designed capacity - has constrained northern Nigeria's economic potential for […]

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BREAKING: JAMB Releases 2025 Mock UTME Results – Here’s How to Check

April 14, 2025 – The Joint Admissions and Matriculation Board (JAMB) has officially announced the release of results for the 2025 Mock Unified Tertiary Matriculation Examination (UTME) conducted nationwide on April 10, 2025. Key Details About the 2025 Mock UTME Results ✔ Total Candidates: 200,113 (2 candidates withdrew from initial 200,115 registrations)✔ Result Access: Send "MOCKRESULT" to 55019 or 66019 via registered phone number✔ Purpose: Trial run for JAMB's CBT systems and candidate preparation Official Statement from JAMB Dr. Fabian Benjamin, JAMB's Public Communications Advisor, clarified:"The mock exam serves two critical purposes: testing our annual technological upgrades and familiarizing candidates with the actual CBT exam environment before the main UTME." Why the Mock UTME Matters 1️⃣ System Testing – Allows JAMB to identify/resolve technical issues2️⃣ Candidate Preparation – Helps students experience real exam conditions3️⃣ Performance Indicator – While scores don't affect main UTME, they help identify weak areas Next Steps for Candidates Main UTME 2025 dates to be announced soon Performance […]

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2027 Power Play: Atiku, Tambuwal, El-Rufai Expand Opposition Alliance to Niger Delta

Exclusive Report – A major political realignment is unfolding in Nigeria’s Niger Delta region as key opposition figures—including Atiku Abubakar (PDP), Aminu Tambuwal (PDP), and Nasir El-Rufai (SDP)—intensify efforts to build a broad coalition against President Bola Tinubu ahead of the 2027 elections. Key Developments: ✔ Niger Delta Inroads – The opposition alliance, dubbed "Coalition 2027," has secured backing from influential stakeholders in the oil-rich region, signaling growing discontent with the ruling APC.✔ Northern Power Bloc – Atiku and Tambuwal (still PDP members) are rallying northern elites, while El-Rufai (now SDP) leverages his cross-party influence.✔ Presidency’s Dismissal – Tinubu’s camp downplays the threat, with VP’s spokesperson Stanley Nkwocha labeling the group "desperate power grabbers." Why This Matters: 2027 Strategy – The coalition aims to unite PDP, SDP, and regional forces against Tinubu’s re-election bid. Niger Delta’s Role – Winning the region could swing votes given its electoral weight and historical opposition ties. APC’s Counter-Move – The presidency remains […]

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Nigerian Musician Portable Jailed in Kwara Over Failed Bail Conditions

Ilorin, Nigeria - Controversial Afrobeat artist Portable, real name Habeeb Okikiola, has been ordered to remain in custody at Oke Kura Correctional Facility after failing to meet strict bail requirements set by a Kwara State Upper Area Court. Case Background:The "Zazoo Zeh" hitmaker faces criminal defamation charges filed by veteran Fuji musician Alhaji Akorede Saheed (professionally known as Osupa). The charges stem from alleged derogatory public statements made by Portable against Osupa. Court Proceedings:During Monday's hearing, Presiding Judge [Judge's Name] granted bail at ₦1 million naira but attached stringent conditions including: Two separate sureties each bonded at ₦1 million One surety must hold executive position in PMAN (National Chairman or Secretary) Second surety must possess verifiable GRA property ownership in Ilorin Required documentation includes valid Certificate of Occupancy Current Status:As of Tuesday morning, Portable's legal team confirmed they have been […]

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Adamawa State Gears Up for 2025 National Sports Festival in Ogun

Yola, April 2025 - Adamawa State has officially confirmed its participation in the 22nd edition of Nigeria's premier sporting event, the National Sports Festival (NSF), scheduled to take place in Ogun State from May 16-30, 2025. The announcement came during an elaborate ceremony to receive the festival's Unity Torch at the Government House in Yola. Governor's Assurance of Strong PerformanceGovernor Ahmadu Umaru Fintiri expressed unwavering confidence in the state's contingent, stating through his Chief of Staff, Dr. Edgar Amos Sunday: "Our athletes have been training rigorously and we expect nothing short of podium finishes across multiple events." The governor emphasized that participation aligns with his administration's youth development agenda. Sports Infrastructure DevelopmentHighlighting ongoing investments in sports infrastructure, officials pointed to: The near-completion ultra-modern stadium along Numan Road, Jimeta Renovation of existing sports facilities across the state's 21 LGAs Special training programs […]

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SPORTS: CAF Conducts Fresh U-20 AFCON Draw in Cairo After Host Nation Switch

Cairo, Egypt – The Confederation of African Football (CAF) will hold an emergency re-draw for the 2025 U-20 Africa Cup of Nations today at its Cairo headquarters, following a dramatic last-minute change of host nation from Côte d'Ivoire to Egypt. Why the Sudden Re-Draw? ✔ Côte d'Ivoire's Shock Withdrawal (March 26, 2025) – Original hosts pulled out weeks before tournament kickoff✔ Egypt's Emergency Takeover – North African nation steps in as new host✔ Competitive Integrity – Requires complete fixture restructuring New Tournament Format 13 Teams will be divided into: Group A (5 teams) – Includes hosts Egypt (A1) Group B (4 teams) – Features Nigeria (B1) as seeded team (3rd-place finishers in 2023) Group C (4 teams) – Defending champions Senegal (C1) headline Qualification Path: Top 2 from each group advance Best two 3rd-place teams complete quarterfinal lineup Key Teams to Watch • Ghana – Position in draw TBD (Previously strong U-20 performers)• Togo – Position in draw TBD (Seeking first major youth […]

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From Rechargeable Lamps to Stardom: Fireboy DML Reveals He Nearly Quit Music Before Olamide’s Life-Changing Deal

London, UK – In a startling revelation, Nigerian music sensation Fireboy DML (real name Adedamola Adefolahan) has disclosed that he was moments away from abandoning his musical dreams to become a rechargeable lamp street hawker under Lagos' Ajah Bridge before rapper Olamide signed him to YBNL Nation in 2018. Fireboy's Pre-Fame Struggles: The Untold Story During an emotional interview on The 90s Baby Show in London, the Peru hitmaker shared: ✔ "I Was Selling Pepper Soup" – Fireboy admitted running a small pepper soup business while secretly pursuing music, hiding his struggles from his parents.✔ "The Lamp Seller Pitch" – He revealed meeting a trader under Ajah Bridge who convinced him to switch to selling rechargeable lamps, which he saw as "more dignified" than food vending.✔ Olamide's Divine Timing – The YBNL deal came just as he prepared to quit music entirely. "Thank God Olamide signed me when he did," he reflected. The Meteoric Rise: From YBNL to Global Fame 🔥 2018 […]

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BREAKING: Edo Police Arrest Armed Kano Hunters, Recover Firearms Amid Rising Security Tensions

Benin City, Edo State – The Edo State Police Command has confirmed the arrest of four hunters from Kano State found with firearms and dangerous weapons in the Ikpoba Hill area of Benin City, sparking fresh concerns over inter-state security threats. Key Details of the Arrest ✔ Suspects Identified: Yusuf Abdulkarim Mujaheed Garba Shittu Idris Jamilu Habibu ✔ Location of Arrest: Americanus Hotel, Osemwenkhae Street (near Big Joe Motors, Ramat Park, Orogbeni Quarters) ✔ Weapons Recovered: 3 Dane guns 6 empty cartridges 3 half-filled cartridges 4 cutlasses 2 daggers Police Clarify Identity, Dispel Rumors Edo Police Spokesperson CSP Moses Yamu clarified that the suspects were hunters, not herdsmen, countering social media reports that had fueled ethnic tensions. "They were intercepted by the Edo Security Network with concealed weapons. Preliminary investigation reveals they are from Doguwa, Kano State, and were heading to Uvbe Community in Orhionmwon LGA for hunting purposes. Investigations are ongoing." Background: […]

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