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Update: Reps Set Up Panel to Probe CBN and DISCOs Over N200 Billion Metering Programme Loan

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The House of Representatives has launched an investigation into the disbursement and utilisation of the N200 billion Central Bank of Nigeria (CBN) loan allocated for the National Mass Metering Programme (NMMP) to Electricity Distribution Companies (DISCOs).

This was disclosed by the Chairman of the House Committee on Public Assets, Rep. Uchenna Okonkwo, in a statement issued on Wednesday in Abuja, the News Agency of Nigeria (NAN) reports.

He confirmed that a 19-member sub-committee had been inaugurated to probe the matter thoroughly.

The NMMP, initiated in 2020, was designed to provide free electricity meters to Nigerian consumers through the Licensed Electricity Distribution Companies (DISCOs).

The programme was a joint initiative of the CBN, the Nigerian Electricity Regulatory Commission (NERC), and other stakeholders in the Nigerian Electricity Supply Industry (NESI). It aimed to eliminate estimated billing, improve transparency in energy usage, and enhance customer satisfaction.

NMMP expected to be launched in three phases
The rep said that the programme was to be implemented in three phases to ensure the reduction of collection losses and improve market remittances in the industry.

“Under the pilot phase of the programme’s implementation, CBN commenced with the sum of N59.280 billion for procurement and installation of one million meters in 2020 at an interest rate of 9 per cent after a two year moratorium.

“Preliminary research on the NMMP has shown that instead of the pronounced amount of N59.280 billion naira for the phase 0, what was released was N55.4 billion for procurement and installation of 962,832 meters instead of one million meters pronounced by CBN,” he noted.

Furthermore, concerns have been raised regarding repayment. The committee noted discrepancies in the repayment of the funds by the DISCOs.

According to Okonkwo, “Research has also shown that what the eleven Electricity Distribution Companies who received the loan have paid back to CBN as refund for the N54.4 billion they received in 2020 without mentioning the 9 per cent interest on the loan.”

The lawmaker added that the subsequent phases of the programme, which were expected to significantly expand metering across the country, have stalled. Phase 1, which was to be funded by the CBN and Deposit Money Banks (DMBs) for 1.5 million meters, and Phase 2, expected to be financed by the World Bank for four million meters, have yet to take off.

He said that the House, exercising its constitutional powers under Sections 88(1) and (2) of the 1999 Constitution, resolved to investigate the matter with a view to safeguarding public interest.

The sub-committee is expected to scrutinise all aspects of the NMMP funding, from disbursement and meter procurement to distribution and repayment mechanisms.

The 19-member committee comprises Rep. Obed Shehu, Rep. Ali Shettima, Rep. Abel Fuah, Rep. Salisu Koko, Rep. Ahmed Munir, Rep. Sani Umar Bala, Rep. Gbefwi Jonathan, Rep. Abdulmaleek Danga, Rep. Chinedu Obika, and Rep. Okunlola Lanre.

Other members include Rep. Abass Adekunle, Rep. Akinosi Akanni, Rep. Obuzor Victor, Rep. Peter Akpanke, Rep. Ngozi Lawrence, Rep. Ogah Amobi Godwin, and Rep. Ikeagwuonu Onyinye, among others.

The NMMP was expected to be a game-changer in Nigeria’s power sector by reducing estimated billing, enhancing energy accountability, and restoring consumer trust.

However, the current revelations point to implementation failures and possible mismanagement of public funds.

Analysts believe that the outcome of the House probe could lead to reforms in electricity metering policy and strengthen regulatory oversight of loan disbursements to DISCOs.

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Anti-Graft Showdown: EFCC Grabs Malami’s Passport, Probes $400m Abacha Recovery

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…..Now to report daily for one month from Monday

….. Allegations against me fabricated, says ex-AGF

The Economic and Financial Crimes Commission (EFCC) yesterday seized the international passport of a former Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN.

The seizure was part of the ongoing investigation of the whereabouts of $490 million Abacha loot secured through Mutual Legal Assistance (MLAT).

Malami cannot travel out of the country in the next one month because the condition for his release at 1am on Saturday was for him to report daily for interaction in EFCC headquarters in Abuja.

But Malami, who said the allegations against him were fabricated, said the truth will unfold soon.

According to the fact-sheet on Malami, he has many issues to clarify with the EFCC in the next one month.

“We have asked him to explain the whereabouts of $490 million Abacha loot secured through Mutual Legal Assistance (MLAT).

“We didn’t say he stole money, but he should account for the loot. This is one of the issues he will clarify to our investigators.

“Considering the huge volumes of documents he has to go through and the detectives he needs to interact with, we have seized his international passport.

“One of the conditions for his release on bail at 1am on Saturday was that he should report daily to the EFCC headquarters for interaction.

“He cannot travel out of the country except as mutually agreed with EFCC or with the permission of a High Court.

“We won’t join issues with him on his braggadocio but we will release our findings to the public after painstaking investigation.”

Reacting on his X handle, Malami said the allegations against him were fabricated.

Although he said the truth will soon unfold, he was silent on the seizure of his international passport.

He said: “In line with my undertaking to keep Nigerians updated on my invitation by EFCC, I give glory to Allah for His divine intervention.

“The engagement was successful, and I am eventually released while on an appointment for further engagement as the truth relating to the fabricated allegations against me continues to unfold.”

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BREAKING: Tinubu Finally Nominates Ex-INEC Chair Yakubu, Fani-Kayode, Omokri, 29 Others as Ambassadors

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President Bola Ahmed Tinubu has transmitted a new list of 32 ambassadorial nominees to the Senate for confirmation, just days after submitting an initial batch of three names.

In two separate letters addressed to Senate President Godswill Akpabio, President Tinubu urged the lawmakers to give swift consideration and approval to 15 career ambassadors and 17 non-career ambassadors.

The list was released on Saturday in a statement by Bayo Onanuga, Special Adviser to the President on Information and Strategy.

According to the breakdown, four women were nominated as career ambassadors, while six women made the non-career category.

Notable nominees in the non-career group include Barrister Ogbonnaya Kalu from Abia; former presidential aide Reno Omokri (Delta); former chairman of the Independent National Electoral Commission (INEC), Mahmud Yakubu; former Ekiti first lady, Erelu Angela Adebayo; and former Enugu governor, Ifeanyi Ugwuanyi.

Others are Tasiu Musa Maigari, the former speaker of the Katsina House of Assembly, Yakubu N. Gambo, a former Commissioner in Plateau State and former deputy executive secretary of the Universal Basic Education Commission (UBEC).

Professor Nora Ladi Daduut, a former senator from Plateau; Otunba Femi Pedro, a former deputy governor of Lagos State; Chief Femi Fani-Kayode, a former aviation minister from Osun State; and Barrister Nkechi Linda Ufochukwu from Anambra State are on the nomination list.

Also on the list are former First Lady of Oyo, Fatima Florence Ajimobi, former Lagos Commissioner, Lola Akande, former Adamawa Senator, Grace Bent, former governor of Abia, Victor Okezie Ikpeazu, Senator Jimoh Ibrahim, businessman, lawyer and Senator from Ondo State, and the former ambassador of Nigeria to the Holy See, Ambassador Paul Oga Adikwu from Benue State.

Among the nominees for career ambassador and high commissioner-designates are: Enebechi Monica Okwuchukwu (Abia), Yakubu Nyaku Danladi (Taraba), Miamuna Ibrahim Besto (Adamawa), Musa Musa Abubakar (Kebbi), Syndoph Paebi Endoni (Bayelsa), Chima Geoffrey Lioma David (Ebonyi) and Mopelola Adeola-Ibrahim (Ogun).

The other nominees are Abimbola Samuel Reuben (Ondo), Yvonne Ehinosen Odumah(Edo), Hamza Mohammed Salau (Niger), Ambassador Shehu Barde (Katsina), Ambassador Ahmed Mohammed Monguno (Borno), Ambassador Muhammad Saidu Dahiru (Kaduna), Ambassador Olatunji Ahmed Sulu Gambari (Kawara) and Ambassador Wahab Adekola Akande (Osun).

The new nominees are expected to be posted to countries with which Nigeria maintains excellent and strategic bilateral relations, such as China, India, South Korea, Canada, Mexico, the United Arab Emirates, Qatar, South Africa, Kenya, and to Permanent Missions such as the United Nations, UNESCO, and the African Union. All the nominees will know their diplomatic assignments after their confirmation by the Senate.

Last week, President Tinubu sent three ambassadorial nominees for screening and confirmation. The nominees were Ambassador Ayodele Oke (Oyo), Ambassador Amin Mohammed Dalhatu (Jigawa), and Retired Colonel Lateef Kayode Are (Ogun). All three are in the pot for posting to the UK, USA, or France after their confirmation.

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BREAKING: Tinubu Declares Security State of Emergency, Approves Major Recruitment Drive for Military and Police — “We Will Smoke Out All Criminal Elements”

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…tasks herders to abandon open grazing, embrace ranching, surrender arms

President Bola Ahmed Tinubu on Wednesday declared a nationwide security emergency in response to the wave of violent attacks across parts of the country, announcing sweeping directives for expanded recruitment into the Armed Forces and Police, the activation of forest guards, and tighter security measures for all vulnerable areas.

In a statement personally he issued, President Tinubu said, “Today, in view of the emerging security situation, I have decided to declare a nationwide security emergency and order additional recruitment into the Armed Forces.”

By this order, he said both the police and the army had been authorised to recruit more operatives, saying, “The police will recruit an additional 20,000 officers, bringing the total to 50,000.”

The president also directed that the police could now use National Youth Service Corps (NYSC) camps as training depots, noting that although he had previously approved the upgrade of police training institutions, the new security reality required immediate expansion of capacity.

He further ordered that officers being withdrawn from VIP guard duties must undergo crash retraining.

According to him, the exercise is to “debrief them and deliver more efficient police services when deployed to security-challenged areas of the country.”

Tinubu also empowered the Department of State Services (DSS) to activate fully the forest security architecture.

“The DSS also has my authority to immediately deploy all the forest guards already trained to flush out the terrorists and bandits lurking in our forests,” he said, adding that the agency had his directive to recruit additional personnel.

“There will be no more hiding places for agents of evil”, the President said.

Calling the situation “a national emergency,” the President said the federal government was responding by “deploying more boots on the ground, especially in security-challenged areas.”

He appealed to citizens to play their part, saying “the times require all hands on deck. As Nigerians, we should all get involved in securing our nation.”

President Tinubu commended security forces for recent breakthroughs, including the rescue of abducted schoolgirls in Kebbi and the 38 worshippers seized in Kwara State.

“We will continue to sustain the efforts to rescue the remaining students of Catholic School in Niger State and other Nigerians still being held hostage,” he assured.

To military personnel across the country, he delivered a firm charge, saying “I commend your courage and your sacrifice… I charge you to remain resolute, to restore peace across all theatres of operation, and to uphold the highest standards of discipline and integrity. There must be no compromise, no collusion, and no negligence.”

He added that his administration would support them fully to succeed.

Tinubu also pledged federal support to states with existing security outfits and urged the National Assembly to begin a legislative review to allow states that require state police to establish them.

He cautioned state governments against operating boarding schools in remote, unsecured areas, and advised religious institutions to “constantly seek police and other security protection when they gather for prayers, especially in vulnerable areas.”

The President reiterated his administration’s stance on resolving farmer-herder clashes, pointing to the establishment of the Ministry of Livestock Development.

He urged herder groups to abandon open grazing and embrace ranching, saying “I call on all herder associations to take advantage of it, end open grazing and surrender illegal weapons. Ranching is now the path forward”.

Tinubu expressed sympathy to families affected by recent attacks in Kebbi, Borno, Zamfara, Niger, Yobe and Kwara States.

He also paid tribute to fallen soldiers, including Brigadier-General Musa Uba.

“Those who want to test our resolve should never mistake our restraint for weakness. This administration has the courage and determination to keep the country safe and ensure our citizens live in peace”, he warned.

In a rallying call to Nigerians, the President urged unity and vigilance, saying “I urge you not to give in to fear and never succumb to despair… Report suspicious activities. Cooperate with security agencies. We are in this fight together, and together we shall win.”

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