news
Power tariffs reversal push by Labour hits brickwall
- Panel members disagree on gas subsidy for GenCos
- Keyamo: we are making progress
Labour’s push for the reversal of hike in electricity tariffs may have hit the brickwall.
This is because of the high cost of gas – the critical component used by the Generating Companies (GenCos) to power their plants.
The GenCos sell power to the Distribution Companies (DisCos) which take it to the end-users.
Highly-placed sources close to the committee set up by the Federal Government to look into the pricing of electricity said there has been no agreement among committee members as to whether gas is subsidised or not.
Labour threatens to call workers out on strike to protest last month electricity tariffs.
The setting up of a seven-man committee to review the electricity tariffs is the product of negotiation to starve off the industrial action.
The government also compelled the DisCos to put on hold for two weeks, the new tariffs to enable the committee to meet and submit a report.
The deadline for the committee expires this weekend.
The Technical Committee is made up of Minister of State for Labour and Employment Festus Keyamo, (Chairman); Minister of State Power, Godwin Jedy-Agba – member; Chairman, National Electricity Regulatory Commission, Prof. James Momoh – member and the Special Assistant to President Muhammadu Buhari on Infrastructure, Ahmad Rufai Zakari as Secretary.
Others are: Dr. Onoho’Omhen Ebhohimhen – member (NLC); Deputy President of the NLC and Secretary-General, Nigeria Union of Electricity Employees (NUEE), Comrade Joe Ajaero – member; Comrade Chris Okonkwo – member (TUC) and a representative of Power Distribution Companies (DisCos) – member.
It was gathered that one of the recommendations on the table is a further halt in the implementation of the new tariffs beyond the two weeks.
The source said: “We have not really concluded. We will conclude this week, but the conclusion of the work of the committee this weekend cannot give us what Nigerians are looking for. It is not a factor that you just wake up and say it is this amount and it is not this amount. There are some other determinants.
“Let me give you this without making reference to the work of the committee. The greater chunk of the money is spent on gas. Gas is their main source of generation. They had to now dollarise gas before they now price it at the GenCos.
“If GenCos now allegedly buy gas in dollar, then they now pass the dollar price to consumers.
“If we are able to address this matter by looking at policy directives especially on gas pricing, if we go through that process, then definitely we are going to puncture the issue of tariff no matter what they are going to pay.
“These are still not things you can do within two weeks. So, the work of the committee may take more time to look at it critically. We are trying to see if there is anything we can do in order to submit our report within two weeks deadline.
“But the job that will lead to a reversal is not a job of two weeks. Some of them require policy direction.
“We will revert to the house at the end of the two weeks to submit our report. If they succeed on sitting in this freeze (suspend the implementation of the tariff) until the final report is done, fine.
“If we are able to get this minor relief until the final report is done, fine. That is what we are working on for now. We are still working but we have not fully agreed on anything to push out to the people now.”
The source said the two weeks given to the committee to work on the issue was not enough.
“We are working tomorrow through the weekend. We have done a lot of reading and consultations with stakeholders. We need to tidy up our report and submit and take another directive.
“You can’t do within two weeks and say reverse. If you know how these people are buying gas, the question will be — should they buy it at this rate? We will find out. We also need to look at the policy in the oil and gas sector in terms of dollarising gas before.
On the need to further suspend the implementation of the new tariff, another source said: “Those are things we have not agreed upon. These things are on the table, options are on the table. Before the weekend we will concretise those options.
“Even those things you are saying now we have not agreed on them until they are ratified by our bosses. But options are on the table.”
Keyamo declined to comment on the work of the committee when contacted last night.
He said: “We are making progress. When the larger house meets, most likely this weekend, the details of the communique may be made known but like I said we are making progress, the details I cannot reveal now but we are making progress.”
The Seven-man Technical Sub-committee to review the increase in electricity tariff by the Federal Government was inaugurated on September 28.
The committee had its first sitting at the minister’s conference room last month.
The committee was set up at the end of a marathon meeting between the Federal Government and organised labour to avert last month’s planned strike.
The committee is expected to examine the justifications for the new policy in view of the need for the validation of the basis for the new cost reflective tariff as a result of the conflicting information from the field which appeared different from the data presented to justify the new policy by NERC and metering deployment challenges.
The other mandates of the committee are as follows:
- To look at the different Electricity Distribution Company (DISCOs) and their different electricity tariff vis-à-vis NERC order and mandate.
- Examine and advise government on the issues that have hindered the deployment of the six million meters.
- To look into the NERC Act under review with a view to expanding its representation to include organised labour.
news
Ekiti North Residents Reject Fasuyi, Fault Repeated Claims Against Tinubu on Project Funding
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……Stop Using Governor Oyebanji’s Name” — Orin Ora
…….Ward Fires Warning Over Fasuyi Endorsement
Fresh political tension reportedly erupted in Orin Ora Ward, Ido/Osi Local Government Area of Ekiti State, as aggrieved party members and residents allegedly rejected the re-election bid of Senator Cyril Fasuyi over what they described as “three years without visible development.”
The protest mood in the ward was said to have intensified following claims that the senator had repeatedly blamed President Bola Ahmed Tinubu for not funding constituency projects and budget allocations.
According to sources within the ward, residents expressed frustration over what they called “unfulfilled promises, lack of empowerment, and absence of meaningful projects” since the senator assumed office.
Political stakeholders in Orin Ora Ward were also said to have rejected alleged attempts to impose Senator Fasuyi on the people ahead of the 2027 elections.
“There is no Sakamaje endorsement here. Orin Ora Ward cannot be forced into supporting any candidate,” a party source reportedly declared.
The stakeholders further warned against dragging the name of Governor Biodun Oyebanji into what they described as “political imposition tactics.”
Residents reportedly insisted that any endorsement must reflect the genuine wishes of the people and not political pressure from powerful interests.
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Drama as Petition Surfaces Against Senator Fasuyi at APC Screening
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The ruling All Progressives Congress, APC, on Friday began the screening of aspirants for various elective positions ahead of its 2027 election primaries, with a member from Ekiti State, Afuye Idowu, filing the first petition, calling for the disqualification of Senator Cyril Fasuyi from the forthcoming Ekiti North Senatorial District primary elections.
The petition, dated May 2, 2026 and addressed to APC National Chairman, Prof. Nentawe Yilwatda, accused Fasuyi — who currently represents Ekiti North Senatorial District in the Senate and is seeking the party’s ticket for a return — of poor legislative performance, violation of the petitioner’s fundamental rights, and instigating his unlawful arrest and imprisonment on false allegations.
The petition was copied to the APC National Secretary, Senator Basiru Ajibola, and the APC Senatorial Primary Elections Screening Committee.
On legislative performance, Idowu said Fasuyi had nothing to show for nearly three years in the Senate. “In the almost three years that Senator Cyril Fasuyi has been a member of the Senate of the Federal Republic of Nigeria, he has not personally sponsored any landmark legislation or bill that will benefit the people of Ekiti North Senatorial District, Ekiti State or Nigeria as a whole.
“He is not reported to have moved any serious motion or made any significant contributions to debates on the floor of the Senate, which implies that the people of Ekiti North Senatorial District do not have a voice of representation in the Senate,” the petitioner stated.
The petitioner also recounted how a public review he conducted in 2025, assessing the performance of past and present National Assembly members, drew a violent response from the senator.
While he said other lawmakers were inspired to better performance by his observations, Fasuyi allegedly took offence and sent thugs to harass him on several occasions.
The situation, according to Idowu, escalated dramatically on the night of July 31, 2025, when he said officers of the Rapid Response Squad RRS of the Ekiti State Police Command arrested him around 9pm at a private residence on the instigation of the senator, and without any prior invitation or notification.
“I was detained and taken before an Ado Ekiti Magistrate Court. Before my arraignment, I was informed that I could be released only if I promised that I would retract my previous statements about the poor performance of Senator Fasuyi and begin to praise him,” he wrote.
When he refused to make such a promise, the RRS officers applied for him to be remanded in the custody of the Nigerian Correctional Service NCoS for 14 days while investigations continued.
“The charges against me were subsequently withdrawn based on lack of evidence and I was discharged,” he stated.
Idowu argued that the 2027 elections must produce legislators capable of giving legislative support to the administration’s reform programme.
“An assessment of Senator Cyril Fasuyi during the time he has so far spent as a member of the National Assembly clearly shows that he is completely antithetical to the Renewed Hope Agenda and the ideology of our great Party. A non-performer like him surely does not deserve to be on the ballot as a candidate of our Party in the 2027 elections,” he wrote.
He urged the national chairman to ensure that only competent aspirants are cleared for the senatorial primary election, from which a deserving candidate would emerge for the 2027 contest.
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2027 Politics: Dipo Bamisaye Speaks on Tinubu, Oyebanji, Says Ekiti North Needs Aggressive Development
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Engineer Dipo Bamisaye, a Fellow of the Nigerian Society of Engineers and a seasoned infrastructure expert, has declared his intention to represent Ekiti North Senatorial District in the National Assembly.
In this exclusive interview with Publisher of Newsthumb, Sotayo Olayinka, Engr. Dipo Bamisaye speaks on his political journey, relationship with Governor Biodun Oyebanji and Senate Leader Opeyemi Bamidele, as well as his plans for infrastructure, youth empowerment, agriculture, and security in Ekiti North. He also shares his views on President Bola Ahmed Tinubu’s Renewed Hope Agenda and the future of Nigeria.
Enjoy the interview…
Good afternoon, sir. Can we meet you?
I am Engineer Dipo Bamisaye, a native of Ijesha-Isu in Ikole Local Government Area of Ekiti State. I have been actively involved in politics for about 15 to 18 years.
This is the third time I will be showing interest in representing Ekiti North Senatorial District. I contested in 2018 and also indicated interest in 2022/2023, but at the time, former Governor Kayode Fayemi advised me to step down for Senator Adetunmbi.
I have been a loyal supporter of Asiwaju Bola Ahmed Tinubu since the days of the Alliance for Democracy while I was working with ExxonMobil. Today, I am a Fellow of the Nigerian Society of Engineers and a Fellow of the Nigerian Institution of Civil Engineers.
I have spent over 30 years in the engineering and infrastructure sector, working across virtually every state in Nigeria. I have handled projects in the North, South, South-East, and South-South, especially in rural infrastructure development.
I have also worked with the World Bank Group as a consultant on the FADAMA agricultural programme. Academically and professionally, I have trained in several countries. I studied bridge construction at the University of Florida in the United States, highway transportation in Ohio, mechanized agriculture in Gauteng, South Africa, and water treatment in China and Germany.
All these experiences have prepared me for leadership and service. My desire to contest for the Senate is to complement the efforts of President Bola Ahmed Tinubu and bring development closer to the people of Ekiti North.
Beyond politics, I run the BO Charity Trust, through which I have supported communities for over 12 years. Even without holding public office, I have facilitated boreholes, transformers, and other community projects because of my passion for helping the people.
“My Love for the People Inspired Me to Join Politics”
As a technocrat and successful businessman, what attracted you to politics?
What attracted me to politics is my passion for service. People around me kept saying, “If you can do all these things without holding office, imagine what you could achieve with a political platform.”
Over the years, I have supported students with JAMB forms and educational assistance. I have also worked closely with political leaders like the Senate Leader, Senator Michael Opeyemi Bamidele, who remains my mentor. Through him, I learned a lot about leadership and governance.
If given the opportunity to serve in the Senate, I will work closely with both the President and the Governor to deliver more dividends of democracy to our people.
“Governor Oyebanji and I Share a Cordial Relationship”
What can you tell us about your relationship with Governor Biodun Oyebanji?
Governor Biodun Abayomi Oyebanji is someone I hold in very high regard. We have a cordial relationship, and we attended the same institution, Ondo State University, now Ekiti State University, Ado-Ekiti.
I admire his humility and leadership style. During the build-up to his first-term election, when many political actors were still undecided, members of the university alumni association rallied support for him. At the time, I was President of the Alumni Association and also a member of the university council.
We strongly believed in his capacity and worked tirelessly for his emergence. I also discussed extensively with Senate Leader Opeyemi Bamidele, who supported the project as well.
To further demonstrate our support, I led a group of alumni members who contributed funds to purchase his nomination form — not because he could not afford it, but because we believed in his vision for Ekiti State.
Today, we remain proud of his achievements and hopeful for his second term.
“Ekiti North Needs More Aggressive Development”
There is already an incumbent senator in Ekiti North. What new ideas are you bringing?
The incumbent senator is our brother, and this is not about personalities. However, we believe Ekiti North can do much better. Representation goes beyond lawmaking; it also involves lobbying for development projects and attracting federal presence.
Ekiti North is in dire need of infrastructure development. Many of our roads are in terrible condition. If elected, I will actively engage federal ministries and agencies to ensure projects are facilitated to our communities.
Education is another key area. Many students still travel long distances to write CBT examinations. We intend to facilitate CBT centres across communities in Ekiti North.
Agriculture is also very important because farming remains the backbone of Ekiti’s economy. We plan to introduce modern mechanized farming, support young farmers with equipment, and encourage agro-processing and light manufacturing. For instance, products like cassava and maize can be processed locally into finished products, creating jobs and boosting the economy.
Security is equally critical. Because of our proximity to northern routes, Ekiti faces security threats. We will support efforts toward improved policing and stronger security collaboration to protect our communities.
“Youth Empowerment Will Be a Major Priority”
What is your agenda for youth employment?
Youth empowerment will be one of our top priorities. Agriculture alone can employ thousands of young people if properly modernized.
Government cannot employ everyone, so our focus will be on capacity building, entrepreneurship, and innovation. We plan to introduce “Train the Trainers” programmes, especially in technology and vocational skills.
From my experience working with the World Bank Group, I understand the templates that can help young people become self-reliant and employers of labour within a short period.
“We Are Mobilising Massive Support for President Tinubu”
What role are you playing in support of President Tinubu’s administration?
We are already mobilising support for President Bola Ahmed Tinubu across the country. I am among those coordinating the “Renewed Hope Engineers,” a platform created to highlight the achievements of the President in infrastructure and development.
By June, we plan to launch activities across the 36 states and the FCT to showcase projects such as rail development, road construction, and other engineering achievements under the administration.
As an engineer, I can confidently say the President is laying foundations that will stand the test of time.
“Student Loan Scheme Is One of Tinubu’s Biggest Achievements”
What achievements of President Tinubu stand out to you most?
One major achievement is the Student Loan Scheme. Many young Nigerians previously lacked access to quality education because of financial constraints. This initiative gives students greater opportunities and independence.
I also believe it will reduce insecurity because many youths previously became vulnerable during elections due to financial hardship.
Another major achievement is infrastructure development, especially road construction. As an engineer, I understand the importance of durable concrete pavement technology being used on major roads today. Though projects may take time, the long-term benefits will be enormous for future generations.
“I Believe in Free and Fair Primaries”
What is your position on allegations of candidate imposition ahead of the primaries?
Governor Oyebanji has made it clear that he is not interested in imposing candidates. His position is simple — if consensus is possible, fine; if not, there should be free and fair primaries.
I strongly believe in democracy and transparent elections. President Tinubu himself has always encouraged fair competition within the party.
“Policies That Benefit Nigerians Deserve Support”
Some people accuse lawmakers of being rubber stamps. What is your view?
If a policy is designed for the benefit of Nigerians, I see nothing wrong in supporting it.
For example, the removal of fuel subsidy was necessary because the system was riddled with corruption. The Student Loan Bill is another important initiative that deserves support because it helps indigent students access education.
If supporting good policies is called “rubber stamping,” then so be it. What matters most is the welfare of Nigerians.
“Nigeria Needs Stronger Community and State Policing”
Lastly, what is your wish for President Tinubu and Nigeria?
My prayer is that God grants President Tinubu wisdom, strength, and good health to continue leading Nigeria.
I also strongly support the idea of state policing and community policing. Security challenges can be addressed more effectively when local communities are actively involved in protecting themselves.
With the right leadership, commitment, and cooperation, I believe Nigeria can achieve greater progress and stability.
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