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N11trn Electricity Fraud Allegation Infuriates Jonathan
Former President, Dr Goodluck Jonathan, has reacted to the report that he was among the past leaders who wasted over N11trillion on almost non-existent electricity generation and supply to millions of Nigerians.
It would be recalled that the Socio-Economic Rights and Accountability Project (SERAP), had last Wednesday, disclosed how over N11trillion meant for the provision of electricity supply was allegedly squandered in the 16 years of the administrations of former Presidents Olusegun Obasanjo, Umaru Musa Yar’Adua and Goodluck Jonathan.
SERAP had claimed that corruption in the electricity sector started during the administration of Obasanjo in 1999.
But Jonathan, while reacting to the claim through his former aide on new media, Reno Omokri, described the report as false and baseless.
He said the story was false, describing it as the fruit of the laziness of the researchers who could have taken advantage of the Freedom of Information Act that Jonathan signed into law in May, 2011, to extract right information on the electricity sector expenditure over the period under review.
The former president’s statement reads: “My attention has been drawn to the story, ‘Obasanjo, Yar’Adua, Jonathan wasted N11trillion on electricity –SERAP’, published most prominently in The Punch newspapers on August 10, 2017, and less prominently in other papers.
“While I cannot speak for others, I can certainly say that as touching former President Goodluck Jonathan, the story is false, and is the fruit of the laziness of the researchers who could have taken advantage of the Freedom of Information Act that Jonathan signed into law in May, 2011 to get records and data from relevant government ministries, departments and agencies that would have given them a fuller picture instead of the narrow view they have.
“Former President,Goodluck Jonathan could not have wasted N11 trillion or any other amounts of money for the simple reason that he was the Nigerian president who privatised the power sector beginning on August 26, 2010, when he launched the roadmap to power sector reforms, and culminating on October 16, 2012, when the winning bids were announced for the sale of power generating and distributing companies.
“SERAP may do well to remember that on Monday, the 30th of September, 2013, at the Aso Rock Presidential Villa, former President Jonathan successfully handed over the bulk of Nigeria’s power infrastructure to successful private sector bidders after they had made payments for the assets they acquired.
“At that event, he said ‘I congratulate our new owners who have taken over the engines and cables that are expected to drive not just the electricity industry but also the socio-economic wellbeing of the nation’.
“In total, the Power Holding Company of Nigeria (PHCN) was split into six generation and 11 distribution firms, all sold separately, for about $2.5billion for which the Jonathan administration received much deserved praise.
“In fact, rather than wasting money, the Jonathan administration generated money for the federation from the sale of these assets which were seen to be transparent and followed global best practices.
“Between May 6, 2010, when he was first sworn in as president to May 29, 2015, when he handed over power, the budget for the Ministry of Power under Jonathan was not up to N400 billion in total for the simple reason that his administration had succeeded in transferring most of Nigeria’s power assets, liabilities and personnel from the public sector to the private sector.
“As such, it is evidently clear that any allegation that the Jonathan government wasted trillions is not a well thought-out allegation at best, and is a figment of the imagination of the makers at worse”.
“I do hope those papers which published this false report against the person of former president Jonathan and the administration that he led will be honourable enough to set the records straight for posterity,” the statement added.
News
PDP Kicks As APC Wins FCT Council Polls
The Peoples Democratic Party (PDP) has inaugurated a special legal team to handle election petitions arising from last Saturday’s Area Council elections in the Federal Capital Territory.
This comes as the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.
The Tide reports that the council elections were held on Saturday, February 21, 2026, across all six FCT area councils, including Abaji, AMAC, Bwari, Gwagwalada, Kuje, and Kwali.
Results announced so far by the Independent National Electoral Commission (INEC) show that the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.
In a statement issued yesterday by PDP’s National Publicity Secretary, Ini Ememobong, the party congratulated its candidates, who emerged winners in the chairmanship and councilor elections.
The opposition party acknowledged the victories, noting that the number of wins was lower than expected but significant given the alleged irregularities during the polls.
“We specifically congratulate the Chairman-elect of Gwagwalada Area Council, Mohammed Kasim, and the councillors who have been declared successful by the Independent National Electoral Commission (INEC).
“This victory, though less in number than we anticipated, is particularly gladdening because it is against the background of unprecedented intimidation, high-powered money politics, and brazen executive brigandage,” the statement read.
Ememobong claimed that there are reports and video evidence indicating voter intimidation and unlawful conduct that influenced the outcome of the elections.
“Reports and video evidence abound where armed security personnel were used to cart away result sheets in polling units, intimidate voters, and unduly influence the outcome of the elections.”
To address complaints and litigations arising from the polls, he said the party has set up a legal team headed by its National Legal Adviser, Shafi Bara’u, Esq.
The statement urged candidates with legitimate grievances to contact the Legal Adviser promptly, as delays could jeopardise their chances in election petition cases.
“The incredible voter apathy in these polls is a direct response to the anti-people Electoral Act 2026, where the people have completely lost faith in the electoral outcomes from elections conducted under this Act.
“These Local Council polls may just be a foreshadowing of the forthcoming general elections in 2027 if changes are not urgently made,” the statement added.
The PDP called on the National Assembly and the President to take corrective action to safeguard the integrity of Nigeria’s democracy.
News
S’Court Gets New Justice As CJN Swears In Oyewole, Wednesday
The Chief Justice of Nigeria, Kudirat Kekere-Ekun, will on Wednesday swear in Justice Joseph Oyewole as a Justice of the Supreme Court of Nigeria.
The ceremony is scheduled to be held at 2pm at Courtroom Two of the Supreme Court complex in Abuja.
The court urged guests to adhere strictly to the court’s protocols and security measures.
This was contained in a statement issued yesterday by the Supreme Court’s Director of Information and Public Relations, Dr Festus Akande.
The court described Oyewole’s appointment as a step towards reinforcing the capacity of the apex court to deliver fair and timely judgments.
Recall that Oyewole was, until his elevation, a Justice of the Court of Appeal and Presiding Justice of the Enugu Division, and joins the apex court bench as part of ongoing efforts to strengthen the judiciary.
The National Judicial Council recommended Oyewole for the position alongside 35 others for various judicial offices, following its 110th meeting held on January 13, 2026, and presided over by Justice Kekere-Ekun.
The statement partly read, “The Chief Justice of Nigeria, Hon. Justice Kudirat Kekere-Ekun, GCON, will on Wednesday, 25th February, 2026, preside over the swearing-in ceremony of the newly appointed Justice of the Supreme Court, Hon. Justice Joseph Olubunmi Kayode Oyewole, JCA.”
According to the statement, Oyewole served with distinction at the Court of Appeal and as Presiding Justice of the Enugu Division prior to his elevation.
“His appointment underscores the commitment of the Nigerian judiciary to upholding the rule of law, ensuring justice, and strengthening the bench with experienced and dedicated jurists. He brings a wealth of legal expertise and integrity to the apex court to further enhance its capacity to deliver fair and timely judgments,” the statement added.
The apex court further described the swearing-in as “another significant step in rejuvenating the judiciary and ensuring the continued delivery of justice in line with the highest standards of integrity, competence, and impartiality.”
The Supreme Court reiterated its commitment to justice, fairness and judicial independence for the benefit of Nigerians.
News
Fubara Mourns Senator Mpigi
Rivers State Governor, Sir Siminalayi Fubara, has expressed deep shock and sadness over the sudden passage of Senator Barinada Mpigi, the Senator representing South East Senatorial District of Rivers State.
In a tribute to mourn the deceased, Governor Fubara described Mpigi as a brother, a consummate politician and one of the leading lights in Rivers State.
He said that Mpigi died at a critical time when his services were still needed by the people of Rivers State and prayed God Almighty to grant him eternal rest.
The governor commiserated with his immediate family, the Rivers South East Senatorial District and the Senate at large, asking them to take solace in the fact that the deceased lived a good life and impacted positively on the people.
Senator Mpigi died at the age of 64. Until his death, he was the Chairman of the Senate Committee on Works.
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