NEWS
Senate Launches Probe Into Electricity Tariff Hikes Across 11 States
Amid mounting concerns over soaring electricity prices, the Senate has embarked on a comprehensive investigation into the recent surge in electricity tariffs affecting 11 states across Nigeria.
At a high-profile meeting held in the Senate wing of the National Assembly on Monday, lawmakers underscored their determination to hold to account any individuals or entities found responsible for exacerbating the hardships endured by Nigerians.
The probe comes on the heels of last week’s summons by the Senate’s Power Committee, compelling the Minister of Power, Adebayo Adelabu, and top officials from affiliated agencies to participate in an exhaustive inquiry into the controversial tariff hikes.
Senator Eyinnaya Abaribe, the chairman of the committee, announced that the Senate has greenlit an investigative hearing, slated for April 29, 2024.
He emphasized that key government agencies will be summoned to provide answers to pertinent questions regarding the matter.
He said, “We have summoned the National Electricity Regulatory Commission (NERC). We will allow them to speak about the electricity tariff hike. The minister of power is, of course, expected to appear too.”
Addressing attendees at the investigative hearing on Monday, the committee chairman highlighted the foundation of the inquiry, citing two motions tabled during plenary sessions on July 25, 2023, and February 21, 2024.
These motions, endorsed by the Senate through resolutions, tasked the Committee on Power with engaging key stakeholders such as the Federal Ministry of Power and the Nigerian Electricity Regulatory Commission.
Senator Abaribe underscored that the committee’s mandate extends beyond mere investigation to seeking enduring remedies for the myriad challenges confronting the Nigerian Electricity Sector, including the imperative for comprehensive sector reforms.
He added, “We are also to investigate the over N2tn subsidy requirement as stated by the Minister of Power to avoid the repeat of fuel subsidy scenario and the statement made by the Honourable Minister with regard to the N1.3tn the Ministry is owing generating companies and 1.3 billion dollars owed to gas companies, (which I believe has increased as at today),
“Investigate the role of the Ministry of Power, NERC, and ZIGLAKS COMPANY on their failed agreement to provide meters and ensure Nigerians are not shortchanged”
During the hearing, the committee also pressed electricity stakeholders to clarify the timeline of the Nigerian Electricity Regulatory Commission’s transition from the previous customer classification system to the current BANDS classification for electricity consumers.
Senator Abaribe reaffirmed the committee’s unwavering dedication and the commitment of the 10th Senate to expeditiously execute this task to alleviate the plight of Nigerians.
He emphasized the Senate’s readiness to mete out sanctions to anyone or any entity found responsible for wrongdoing in this regard.
International News
Norway’s King Harald Dies at 89, Son Haakon Becomes King
Norway’s King Harald V has died at the age of 89, bringing an end to his more than three-decade reign and ushering in a new era for the Norwegian monarchy.
The Royal Palace announced on Friday, August 28, 2026, that the monarch died peacefully at Oslo University Hospital at 6:35am local time.
ALSO READ: Infantino’s Re-Election Bid Suffers Fresh Blow as Italy Withdraws Backing
“It is with deep sadness that we announce that His Majesty King Harald passed away today. King Harald passed away peacefully at Oslo University Hospital on Friday, August 28 at 6:35 am,” the palace said in a statement.
King Harald, who ascended the throne in 1991, had been hospitalised in Oslo since August 17 while receiving treatment for haemolytic anaemia.
His condition became “extremely serious” on Thursday, prompting members of the royal family to gather at his bedside.
His 53-year-old son, Crown Prince Haakon, has automatically succeeded him as monarch under Norway’s constitutional succession rules. He is expected to take the name King Haakon VIII.
Following the announcement of Harald’s death, the flag at the Royal Palace in Oslo was lowered to half-mast, while members of the public gathered outside the palace to lay flowers and mourn the late monarch.
Harald was widely regarded as a popular and unifying figure during his 35 years on the throne. He was also known for his modest lifestyle and efforts to modernise the monarchy.
Kaspara Bolstad, 24, described him as “a very steady and warm king.”
“I think the entire Norwegian people see him as a role model and as someone who brings people together. Whether you’re for or against the monarchy, I think he’s well-liked across the board,” she said.
Magnus Skaugseth, 27, also praised the late King’s inclusive approach.
“He was so inclusive and committed to having values that are inclusive in the society we live in today. When there is so much division and polarisation, he was a pillar pointing in the opposite direction,” Skaugseth said.
Harald had experienced several health challenges in recent years and had undergone procedures including the fitting of a pacemaker. Despite his declining health, he repeatedly ruled out abdication, maintaining that his oath to serve Norway was lifelong.
His death comes during a turbulent period for the Norwegian royal family, which has faced a series of health and personal controversies in recent months.
With Harald’s death, Crown Prince Haakon now takes over the Norwegian throne, marking the beginning of a new chapter for the country’s monarchy.
NEWS
‘Your Problem Is That a Son of a Nobody Was Invited’ — VDM Fires Back at Falana
Social media personality Martins Vincent Otse, popularly known as VeryDarkMan (VDM), has fired back at Senior Advocate of Nigeria (SAN), Femi Falana, following the lawyer’s criticism of his invitation to the Nigerian Bar Association (NBA) annual conference.
Recall that Falana had criticised the decision to feature VDM as a panelist during a session on “Unknown Gunmen,” arguing that discussions on national security should involve individuals with established experience in the country’s security architecture.
RELATED NEWS: ‘Bring Experts, Not Entertainers’ — Falana Questions VDMs NBA Invitation
“In those days, the NBA brought individuals who had paid their dues, who were coming to engage lawyers intellectually. We wanted to learn from them and so none of our conferences was a circus show in the past,” Falana said.
He further stated: “So, if you are bringing in an expert to discuss the security of the country, either from the private or public sector, such an individual must have contributed to the security architecture of the country.”
Falana also said: “But to just go and bring somebody from nowhere to come and entertain you, there are problems with that.”
Reacting in a Facebook post on Friday, VDM said he was initially disappointed by Falana’s comments but claimed they helped him understand the opposition to his invitation.
“And then again, I listened to Femi Falana. When I listened to him, I won’t lie, I was so disappointed in him. Then again, after he spoke, I understood why a lot of them were upset and Femi Falana gave me the answer.
“Their problem is that a son of a nobody was invited and that is just simply what is going on in the media and Femi Falana just made it clear to me. Who knows me? Who is my father? Who knows my family? Who are we? What empire do we have?”
Defending his participation, VDM said his contribution would be based on firsthand experiences.
“This is not about book, it is about experience,” he said, adding, “Security is for everybody. Security is not for some set of people.”
NEWS
Umar Cautions Against Irregular Policies in Nigeria’s Oil Industry
A public warning has gone to the authorities to desist from frequently tweaking with the regulatory environment, as it could undermine investments in Nigeria’s petroleum industry.
The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Rabiu Umar, expressed the view on Wednesday in which he highlighted the importance of predictable regulation to the development of Nigeria’s midstream and downstream petroleum sectors.
According to Umar, investors were prepared to manage commercial risks but found regulatory uncertainty more difficult to accommodate, stressing that clear, consistent and predictable rules were critical to attracting and retaining capital.
“Investors are prepared to manage commercial risk. What they find far more difficult is regulatory uncertainty,” he said.
According to him, government efforts to provide fiscal incentives, financing support and policy reforms to encourage investment could achieve little if investors were unsure how the regulatory system would operate in practice.
Umar said investors wanted assurances that rules were clear, decisions were consistent and regulatory processes were predictable, adding that such confidence could influence investment decisions as much as commercial considerations.
He noted that the issue was particularly important in the midstream and downstream sectors, where investments in refineries, pipelines, storage facilities and gas infrastructure were designed to operate over many years.
“Investments in refineries, pipelines, storage facilities and gas infrastructure are designed to operate over many years. Investors need confidence that the regulatory environment will remain stable, consistent and credible throughout the life of those assets,” he said.
The NMDPRA boss said the Petroleum Industry Act had provided the industry with a strong legal and regulatory framework based on transparency, competition and accountability.
READ ALSO: Ogoni Committee Washes Hands Off Contracts, 40 NNPC Ltd’s Job Slots
He said the responsibility of the NMDPRA is to ensure that those principles are reflected in its day-to-day regulatory activities.
Umar, who said he had spent nearly three decades on the commercial and operational side of the downstream petroleum industry before joining the Authority, said he understood the concerns investors raised before committing capital.
He listed timely approvals, consistent application of regulations and fair and predictable decisions by institutions among the key issues investors considered.
The NMDPRA chief executive further stated that effective regulation went beyond issuing licences and enforcing compliance, as it should provide certainty and create an environment where businesses could plan and investment could grow.
He said the authority was strengthening collaboration with other government institutions, noting that effective regulation depended not only on good policies but also on consistent implementation.
“When institutions work together, the industry experiences a more coordinated and predictable regulatory environment,” he said.
Umar said the implementation of reforms would ultimately determine the confidence investors had in Nigeria’s regulatory system.
“The true measure of any reform is how it is implemented. Every licence issued, every inspection conducted and every regulatory decision contributes to confidence in the regulatory system,” he stated.
He assured stakeholders that the agency would carry out its mandate fairly, consistently and transparently to support responsible investment and the continued development of Nigeria’s midstream and downstream petroleum industry.






311178 144527hello!,I genuinely like your writing quite a great deal! percentage we maintain up a correspondence extra about your post on AOL? I require an expert on this area to unravel my difficulty. Might be that is you! Taking a appear forward to peer you. 441414
543545 249028Some times its a discomfort within the ass to read what blog owners wrote but this internet internet site is rattling user friendly ! . 776470
699366 762762If youre nonetheless on the fence: grab your favorite earphones, head down to a Best Buy and ask to plug them into a Zune then an iPod and see which 1 sounds better to you, and which interface makes you smile more. Then you will know which is right for you. 117589
577240 683106Take a peek at the following ideas what follows discover perfect approach to follow such a mainly because you structure your small business this afternoon. earn money 819256
139949 947680There exist a couple of a lot of different distinct levels among the California Weight loss program and each and every a person is pretty essential. You are procedure stands out as the the actual giving up with all of the power. weight loss 501232