News
FG to Invest $800 Million in Power Infrastructure, Targets 6,000 MW Capacity by Year-End

The Federal Government has announced plans to invest $800 million in the development of substations and distribution networks as part of the Presidential Power Initiative (PPI).
This information was shared in a statement released by Bolaji Tunji, Special Adviser on Media and Strategic Communication to the Minister of Power, in Abuja on Sunday.
Tunji highlighted that the Minister of Power, Adebayo Adelabu, revealed the investment plans during his visit to the TBEA Southern Power Transmission and Distribution Industry in Beijing, China.
The minister is currently in Beijing attending the China-Africa Cooperation Summit, a platform focused on fostering collaboration between African nations and China.
According to Adelabu, the $800 million investment will be split into two equal parts: $400 million will go toward Lot 2, which encompasses the franchise areas of the Benin, Port Harcourt, and Enugu Distribution Companies (DISCOs), while the remaining $400 million will be allocated to Lot 3, covering the franchise regions of the Abuja, Kaduna, Jos, and Kano DISCOs.
Adelabu expressed concern over the frequent rejection of power by DISCOs, a situation that recently caused a significant decrease in Nigeria’s power generation capacity.
The peak generation of 5,170 megawatts fell by 1,400 megawatts due to the inability of distribution companies to efficiently manage the power supply.
Despite this challenge, the minister assured that the government is determined to boost electricity generation and aims to increase capacity to 6,000 megawatts by the end of the year.
He reiterated the government’s commitment to collaborating with international organizations like TBEA to fulfil President Bola Tinubu’s vision for improving the power sector, particularly in transmission, distribution, and the renewable energy segment.
Adelabu reflected on Nigeria’s past struggles with power generation, pointing out that the country was only able to increase its capacity from 2,000 megawatts in 1984 to 4,000 megawatts after more than three decades.
However, under the current administration, there has been notable progress, with power generation rising from 4,000 megawatts to 5,170 megawatts within just a year.
Addressing the long-standing challenges in the sector, the minister emphasized that the fragile and outdated transmission and distribution infrastructure has been a major obstacle to industrial growth.
This outdated system has contributed to the country’s unreliable power supply, affecting households, businesses, and industries alike.
Adelabu noted that more than 59% of industries in Nigeria have opted to remain off the national grid due to its unreliability.
Many of these industries have resorted to self-generation, relying on captive power sources to meet their energy needs.
This situation has further underscored the urgency of improving the country’s power infrastructure to ensure a reliable and sustainable electricity supply across the board.
Business
Dangote Drops Petrol Price Again as New Rates Start Across Nigeria

Dangote Petroleum Refinery has once again slashed the pump price of petrol across Nigeria, offering some relief to consumers. The new price now falls between N875 and N905 per litre, reflecting a N15 drop. This update was shared on the refinery’s official social media page on Thursday.
According to Dangote, the price cut affects major fuel distributors working with the refinery, including MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy. With this change, Lagos residents will now buy petrol at N875 per litre. Those in the South-South and South-East regions will pay N905, while the South-West sees a new rate of N885.
In the North-West and central parts of the country, it’s N895, and the North-East will also pay N905. Dangote added that their petrol and diesel are not only high-quality but also designed to support engine efficiency and reduce environmental impact.
News
JAMB To Release Results of Resit on Wednesday After Problems With First Exam

JAMB has announced that it will release the results of over 379,000 candidates who sat for the rescheduled UTME this Wednesday. The resit, which ran from Friday to Monday, was organized following several reports of technical and human issues during the initial exam. These issues, which were especially noticeable in Lagos and the South-East, affected candidates’ performance and sparked nationwide concern about the exam’s fairness.
JAMB admitted to system failures and took responsibility. Last week, Registrar Prof. Ishaq Oloyede, while announcing the makeup exam, emotionally accepted blame and assured affected candidates they would get another chance. Out of the original 1.9 million candidates who sat for the UTME, more than 1.5 million scored below 200 marks, raising eyebrows about the exam’s credibility.
JAMB’s spokesperson, Fabian Benjamin, confirmed that the resit results would be made public on Wednesday. He noted that 379,997 candidates were affected—over 200,000 from Lagos and more than 170,000 from the South-East. According to the registrar, the issues were due to sabotage, and affected candidates were notified via text messages starting last Thursday.
So far, of the nearly two million results processed, only 0.24% of candidates scored 320 and above, while just 0.63% scored 300 and above. Around 3.76% scored between 250–299, 17.11% fell within the 200–249 range, and over half—50.29%—scored between 160–199. The rest scored below 160, with a very small number getting less than 100.
News
Joe Igbokwe Accuses Nigerians of Causing Their Own Hardship

APC chieftain Joe Igbokwe has pointed fingers at Nigerian traders for the continued surge in food prices across the country. In a Facebook post on Saturday, the outspoken supporter of President Bola Tinubu’s administration accused traders of being too greedy to reduce their prices.
He added that even as statistics suggest that the cost of food is starting to drop, traders have refused to comply. Furthermore, he expressed frustration, saying the refusal to lower prices shows a deeper problem of selfishness among citizens. According to him, Nigerians are their own worst enemies, driven by greed and a habit of taking more than they need.
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