General News
Reps c’ttee dismisses petitioners’ claims against NIPCO gas distribution licences
Abubakar Umar
The House of Representatives Sub-Committee investigating a petition against NIPCO Plc has dismissed the petition, declaring that the petitioners failed to provide credible evidence to substantiate their allegations of wrongdoing in the award of gas distribution licences to the company.
The petition, filed by the Nigerian Energy Security Watch Group (NESWG), sought an investigation, suspension and cancellation of gas distribution licences issued to NIPCO Plc by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The licences cover Lagos, Ogun, Oyo and Osun states, as well as the Lagos and Lekki Free Trade Zones.
The Sub-Committee, chaired by Hon. Peter Aniekwe, with Hon. Dahaltu Shehu as a member, announced its decision Thursday in Abuja, following its consideration of the petition.
The lawmakers held that the petition lacked substance and credible supporting evidence, noting that the allegations were largely based on hearsay and failed to establish any wrongdoing in the licensing process.
The Sub-Committee was constituted in October 2026 to examine the petition and was granted an additional 14 days on October 26 to conclude its assignment.
Announcing the decision, Aniekwe said the committee had resolved not to proceed with the proposed investigation, adding that the petition had consequently been dismissed.
“At its sitting today, the Sub-Committee resolved not to proceed with the investigation, and the petition is accordingly dismissed,” he said.
He explained that the statutory responsibility for granting and regulating gas distribution licences rested with the NMDPRA under the Petroleum Industry Act, while reaffirming the legislature’s oversight responsibility.
“The grant and regulation of gas distribution licences is a statutory function of the NMDPRA under the Petroleum Industry Act, and the National Assembly will continue to exercise its oversight of that process in the public interest,” Aniekwe stated.
The lawmaker disclosed that the NMDPRA had committed to completing and rolling out gas distribution licensing in the fourth quarter of 2026, assuring that the Sub-Committee would closely monitor the process.
Emphasising the importance of a transparent and competitive gas market, Aniekwe said Nigerians deserved access to a safe market, while investors required regulatory certainty.
” Nigerians deserve a gas market that is open, competitive and safe, and investors deserve rules that are clear and stable,” he said.
He added that the House remained open to Nigerians and organisations with genuine concerns about the gas sector, assuring that every petition would be considered on its merits.
Business and Economy
TCN picks holes on IKEDC’s stand on grid instability

By Chidera Orji
The Transmission Company of Nigeria (TCN) has rejected the recent publication by Ikeja Electric (IKEDC) in which the distribution company allged that the several Band A feeder outages recorded on 3rd and 4th November 2026 were attributed to “grid instability” , which was assigned to TCN as the responsible party.
The TCN in a strong worded statement signed by the Management of the agency clearly noted that the attribution by Ikeja Electric was inaccurate and misleading, for the following reasons:
- Root-cause determination is not the mandate of a DisCo.
By virtue of Section 67 of the Electricity Act 2023, the determination of the root cause of disturbances, shortfalls and interruptions on the national grid falls exclusively within the defined functions of the Nigerian Independent System Operator (NISO). IKEDC, like every other market participant, has no authority to make such determinations, and NISO has made none attributing the outages in IKEDC’s notice to TCN. - NISO has already stated the true position.
In its public clarification of 5 November 2026, NISO attributed the current decline in power generation to constraints in gas supply to thermal power stations and reduced output from hydroelectric stations due to lower reservoir inflows. NISO explained that this reduced available generation, which in turn reduced the energy allocated to DisCos and led to fewer hours of supply and increased load shedding across distribution networks. The impact on each DisCo varies with available generation and its allocation. - The facts are inconsistent with the “grid instability” claim.
The shortfall in supply to IKEDC’s customers is a consequence of reduced generation and the resulting allocation, not of any failure of TCN’s transmission network. TCN can only transmit the energy made available to it and cannot transmit energy that is not generated. - The records for all feeders supplying IKEDC confirm the national picture NISO described. Of the interruptions recorded on 1 and 2 November, 68% were frequency-control load-shedding arising from low generation. A further 26% were due to IKEDC’s non-compliance with load allocation by the National Control Centre (NCC) of NISO, or to faults and works on IKEDC’s own network. The remaining 6% were TCN planned maintenance, switching or a line limitation. None of the recorded interruptions was a TCN equipment fault or trip.
TAN said that the ” feeders named in IKEDC’s notice do not support the claim either. Of the 46 interruptions recorded on the 33kV feeders named in the notice, 29 were frequency-control load-shedding arising from low generation, and 14 were recorded against IKEDC: 9 for non-compliance with load allocation and 5 for faults or trips on its own network. The other 3 were scheduled TCN maintenance on the Ogba–Alimosho line on 1 November. On 2 November, for example, the Rack Centre feeder was interrupted by a cable fault on IKEDC’s network, which its own crew repaired. IKEDC’s notice itself assigns several of these feeders, including MTN, Iju Water Works and Rack Centre, to IKEDC (“IE”) for 33kV faults.
” IKEDC’s position is therefore out of step with the true state of the Nigerian Electricity Supply Industry. Attributing shortfalls caused by generation constraints to TCN misinforms customers, undermines public confidence and obscures the real challenges that all stakeholders must work together to resolve.
TCN therefore urges IKEDC and all other DisCos to desist forthwith from making unfounded claims about the causes of supply shortfalls to their customers. DisCos should communicate based on verified information from NISO, the body responsible for the operation of the grid.
TCN also urged electricity customers to refer to NISO’s official platforms for accurate information on the state of the NESI, while also sympathising with customers affected by the reduced hours of supply.
The agency said that It remains committed to transmitting all available energy safely, reliably and efficiently within the prevailing operational constraints, and to working with NISO, generation companies and DisCos to improve the situation.
General News
Tinubu approves Ibom Deep Seaport in Akwa Ibom.as he ingurates projects

By Usuak Imoh
President Bola Tinubu has approved the long-awaited Ibom Deep Seaport project in Akwa Ibom State.
Tinubu announced the approval on Friday while responding to a request by Governor Umo Eno during a reception and rally held in his honour at the Godswill Akpabio International Stadium, Uyo.
The President, who was in the state to inaugurate projects executed by the Eno administration, said the development must promote inclusive growth, create economic value and bring progress to the people.
“Now, development must be even inclusive and reasonable, must bring progress and create economic value. I heard from my friend, my governor, my pastor, on behalf of the people and leadership of Akwa Ibom, request for Ibom’s deep-sea port,” Tinubu said.
After repeating the request, the President asked the crowd, “Will you vote?”
He subsequently declared, “Okay, It’s approved.”
The approval followed a pledge by Eno that Akwa Ibom would deliver two million votes for Tinubu’s re-election in 2027 if the Federal Government delivered the seaport.
“Give us Ibom Deep Seaport, we will deliver two million votes. This deep seaport is capable of unlocking the economy of the state, the South-South region and Nigeria at large,” the governor said.
Eno described the seaport as the most important economic demand of the people of Akwa Ibom, saying it would transform the state’s maritime, industrial and employment landscape.
He said the people of the state had remained loyal to Tinubu since 2023 and were asking him to fulfil his promise to build the facility.
Tinubu had, during his 2023 presidential campaign rally at the same stadium, promised to build the deep seaport, citing the Lekki Deep Seaport, developed during his tenure as Lagos State governor, as an example of what he hoped to achieve in Akwa Ibom.
Eno said the project, conceived during the administration of former Governor Victor Attah as the Ibaka Deep Seaport and Industrial City, had remained unrealised for decades despite featuring in successive presidential campaigns.
“This seaport would serve as a major transhipment hub. It will create thousands of jobs for our people. It will open Akwa Ibom to international trade and investment,” he said.
The governor also said Akwa Ibom had aligned with the Federal Government by joining the All Progressives Congress to attract greater federal presence and development.
He assured Tinubu that the state would mobilise support for his re-election in 2027, saying the seaport would be a major dividend of his administration.
General News
PDP Senatorial Candidate, Samben Nwosu Felicitates with Ibeto at 74

By Nwajiobi Ijeoma, Nnewi
The 2027 People’s Democratic Party (PDP) Senatorial Candidate for Anambra South Senatorial District, Prince Samben Nwosu has described Chief Dr. Cletus Madubugwu Ibeto CON as a distinguished Nnewi-born Business Magnate.
This was contained in his congratulatory message to the prominent Industrialist on his 74th birthday anniversary.
“On this special occasion of your 74th birthday, Friday, 6th November, 2026, I heartily felicitate with you and celebrate the grace of God upon your life.
“As Anambra South Senatorial awaits a better representation from Nnewi extraction, I join your family, friends, and the good people of Nnewi Kingdom to honour a distinguished son, leader, and worthy benefactor whose life continues to reflect service, generosity, and commitment to the progress of our people.
“It is my sincere prayer that Almighty God will grant you many more years in good health, renewed strength, peace, and abundant joy. May your life continue to be filled with happiness, and may you remain a worthy benefactor to Nnewi Kingdom and humanity at large.
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