NEWS
Fubara Offers To Surrender Office For Peace In Rivers
Governor of Rivers State, Siminalayi Fubara, states that he is prepared to step down from his position to ensure peace prevails in the State.
The governor made this statement during an interview with the African Independent Television (AIT).
Recall that Fubara and the former governor of the State, now the Minister of the Federal Capital Territory, Nyesom Wike, have been embroiled in a political crisis due to political disagreements.
Reports gathered by Biztellers show that the power struggle in Rivers over the past two months had reached a dramatic peak, causing tension and anxiety before President Bola Tinubu’s intervention.
During the crisis, Wike was accused of demanding a certain percentage of Rivers’ revenue, an allegation he has denied. There was also an effort by the State House of Assembly to impeach the governor. The Assembly complex was bombed during the process, with Wike accusing Fubara of masterminding the act.
Additionally, twenty-seven members of the State House of Assembly, loyal to Wike, switched from the Peoples Democratic Party, PDP, to the All Progressives Congress, APC, in an attempt to impeach the governor.
Tinubu later stepped in to resolve the dispute by mediating peace between Wike and Fubara, which many believed placed Fubara at a disadvantage.
However, the governor now asserts that no sacrifice is too great for him to make for the success of the administration.
Fubara expressed greater concern for the welfare of the people of Rivers who have made sacrifices.
He said: “No sacrifice would be too big for me to pay for the success of this administration. And the reason is simple: it’s not political love. It’s not because I want to gain any favour from anybody, my interest and love for our dear state is genuine. I am not trying to say I want to be one man that will be there to decide the fate of all. No. But let Rivers State remain.
“My burden at that time was not the issue of all the drama, it is the issue of Rivers people who have made sacrifice, who are seeing opportunity, and it looks as if their hope has been dashed. They were the one I was worried about; what would be their fate, that was my trouble, it was not about me.
“If leaving this position is what I need or what is needed to bring more peace to the State, I can even tell you to come and take it. It’s not about me. People should know although definitely I am here, I will go but Rivers State will remain.
“I’m the governor, there are things I could have done and there would be total crisis but the ability to restrain in the face of crisis even when you have the power to do things is maturity.”
NEWS
Mambilla: ICC Orders Sunrise Power to Pay Nigeria $11.8m After 9-Year Battle
An International Arbitration Tribunal under the auspices of the International Chamber of Commerce (ICC) in Paris has ruled in favour of Nigeria, rejecting claims brought by Sunrise Power and Transmission Company Limited over the long-delayed Mambilla Hydroelectric Power Project in Taraba State.
The tribunal, in its award issued on Thursday, September 17, 2026, also ordered Sunrise Power and its promoter, Leno Adesanya, to reimburse Nigeria 75 per cent of the legal fees and expenses incurred in the arbitration, amounting to $11.8 million.
The ruling came nearly nine years after Sunrise commenced arbitration proceedings against Nigeria in October 2017.
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According to details of the award, Nigeria’s legal fees and expenses were assessed at $11,819,506.51. Of the amount, $2.5 million is to be released from funds held in escrow by the ICC, while Sunrise Power and Adesanya are required to pay the remaining $9,319,506.51, with interest accruing at an annual rate of 10 per cent, compounded annually, until the outstanding amount is fully paid.
The tribunal also fixed the arbitration costs at $1,656,500, with Sunrise Power and Adesanya responsible for 75 per cent and Nigeria responsible for the remaining 25 per cent.
The dispute is connected to the development of the Mambilla Hydroelectric Power Project, which the Federal Government has identified as a major power project in Taraba State.
The company had made a claim against the Federal Republic of Nigeria, demanding $680 million as a settlement sum and interest in respect of another arbitration in which it was claiming more than $2.7 billion in compensation and interest relating to disputes associated with the development of the project.
In a separate aspect of the dispute, Sunrise Power had sought an order compelling Nigeria to pay $400 million, comprising a $200 million settlement sum and a further $200 million default sum.
The tribunal rejected the claim and dismissed Sunrise Power’s assertion that Nigeria had breached its contractual obligations under the settlement agreement and its addendum.
The panel also declared that Leno Adesanya, the promoter of Sunrise Power, was bound by the arbitration agreement with Nigeria under the settlement agreement and addendum. It further held that it had jurisdiction over Nigeria’s counterclaim against Adesanya and his firm.
The arbitration dates back to a disputed 2003 agreement concerning the construction of a hydroelectric power plant in Taraba State.
President Bola Ahmed Tinubu said the original contract was for a 3,050-megawatt hydroelectric plant under a build-operate-transfer model, but maintained that the Federal Executive Council never authorised the contract.
The broader Mambilla project has subsequently been associated with a planned capacity of 3,960MW.
Reacting to the ICC award, President Tinubu said the decision affirmed Nigeria’s determination to resist what he described as “predatory and exploitative claims by corrupt local and international entities and their enablers and funders.”
Tinubu also commended the Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi, and the entire team at the Federal Ministry of Justice for their efforts in defending Nigeria’s position.
He also praised Nigeria’s defence team, led by Elizabeth Oger-Gross and Tolu Obamuroh of Paul Hastings LLP, for what he described as their professional and excellent defence of the country.
The President further commended the patriotism and support of former President Olusegun Obasanjo and late former President Muhammadu Buhari, who testified in the case.
He noted that the dispute dated back to the controversial 2003 contract for the proposed hydroelectric plant in Taraba State.
Tinubu also thanked former ministers Babatunde Raji Fashola, SAN, and Suleiman Adamu, as well as the experts and other witnesses who participated in the proceedings and helped defend Nigeria’s interests.
The President acknowledged the support of the National Security Adviser and commended the Economic and Financial Crimes Commission (EFCC) for its investigation into the case.
Tinubu described the ICC decision as a major development for the Mambilla project, saying the ruling had cleared the “single biggest legal hurdle” that had paralysed the hydropower project for years.
The President assured that Nigeria remained committed to partnering with genuine investors and honouring its legal obligations.
However, he said the country would continue to defend what he described as opportunistic claims against the nation’s commonwealth.
The ICC ruling therefore brings a major chapter of the long-running legal dispute surrounding Sunrise Power and the Mambilla project to a close, while removing the immediate arbitration claim that had exposed Nigeria to billions of dollars in potential liability.
NEWS
Terror Threats: Osun Establishes Joint Security Task Force
In response to the recent security alerts, the Osun State Government has approved the establishment of a Joint Security Taskforce to strengthen security response and alert to threats to lives and properties in the state.
According to a government house statement on Thursday, to ensure smooth take off of the JTF, the state government declared its readiness to provide all necessary logistics that will strengthen the protection of lives and property of the people throughout Osun State .
The decision was adopted at the State Security Council (SSC) meeting convened yesterday by Governor Ademola Adeleke and presided over by the Deputy Governor, Prince Kola Adewusi with the new Commissioner of Police personally in attendance alongside other security top brass.
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The Deputy Governor while opening the meeting conveyed the best wishes of the state Governor to the service commanders and lauded their steadfastness during recent security challenges and tasked them not to relent in the face of fresh security threats.
Accompanied by the Attorney General of the state, Hon Wole Jimi-Bada; the Head of Service, Elder Ayanleye Aina; and the Governor’s Special Adviser on Security, Mr Samuel Ojo, the Deputy Governor told the commanders that the governor is committed to further empowering the security agencies to secure the state while calling on the traditional rulers to sustain their local security oversight.
The Council during its deliberations also used the opportunity of the meeting which lasted several hours to further allay the fears of the residents on their security and protection, noting that Osun state remains safe and secured.
The Council further tasks residents to be extra vigilant particularly in churches, mosques and schools, tasking stakeholders to put extra security measures around their premises.
While assuring the public of their safety, the Council further requested timely intelligence sharing to security agencies by members of the public to forestall attacks by suspected terrorists and bandits.
The Nigeria Police in conjunction with other security agencies were also directed to be on a 24 hour red alert to curtail the threats of the said bandits and terrorists.
At the meeting, an agreement was also reached between the Ministry of Justice, the Nigeria Police, and the DSS, to collaborate with a view to ensuring that all the suspects are properly investigated and prosecuted accordingly without delay.
The meeting ended with a commendation of the new Commissioner of Police, Mr Ibrahim Zungura for instituting policing reforms since his assumption of office and for attending the security meeting in person.
NEWS
Shettima Arrives Yola to Condole With Bamanga Tukur’s Family
Vice President Kashim Shettima has arrived in Yola, Adamawa State, to lead a Federal Government delegation on a condolence visit to the family of the late elder statesman, Alhaji Bamanga Muhammad Tukur.
Shettima’s visit is at the instance of President Bola Ahmed Tinubu, following the death of the former Governor of the old Gongola State and former National Chairman of the Peoples Democratic Party (PDP).
The Vice President was received in Yola by Adamawa State Governor, Ahmadu Umaru Fintiri, alongside members of the state executive council.
Tukur, who died on September 12, 2026, was a prominent businessman, politician and elder statesman whose career in public service and business spanned several decades.
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He served as Governor of the defunct Gongola State and later became National Chairman of the PDP. He was also recognised for his contributions to Nigeria’s political development and Africa’s business community.
The presidential delegation accompanying Shettima includes the APC Deputy National Chairman (North), Hon. Ali Bukar Dalori; former Minister of Transportation, Senator Sa’idu Ahmed Alkali; Deputy Chief of Staff to the President (Office of the Vice President), Senator Ibrahim Hassan Hadejia; and Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Abdullahi Abubakar Gumel.
Others on the delegation are Hon. Abdulrazaq Sa’ad Namdas; Sarkin Gabas Adamawa, Dr Mahmood Halilu Ahmed (Modi); and APC National Vice Chairman (North-East), Comrade Mustapha Salihu, among others.
The condolence visit comes as political leaders, government officials and other Nigerians continue to mourn the death of the former governor and PDP national chairman.





