Business
Power Plant Sale: Reps Summon Ministers, BPE

The House of Representatives’ Committee on Finance has summoned the Ministers of Finance, Budget and National Planning, Zainab Ahmed, and that of Power, Abubakar Aliyu, over the planned sale of five power plants.
Also summoned were the Director-General for the Bureau for Public Enterprise, Alex Okoh; Managing Director, Niger Delta Power Holding Company, Joseph Ugbo; and MD/Chief Executive Officer, Nigerian Bulk Electricity Trading Company, Dr Nnaemeka Ewelukwa.
The Chairman of the House Committee on Finance, James Faleke, in separate letters to the Federal Government bodies and officials concerned, described the planned sale of the power plants as unconstitutional and a disservice to the nation’s development as the assets jointly belong to the three tiers of the government – federal, states and local governments.
”The House of Representatives has observed with grave concern, the proposed sale of the five National Integrated Power Plants namely Benin Generation Company Limited, Calabar Generation Company Limited, Geregu Generation Company Limited, Olorunsogo Generation Company Limited and Omotoso Generation Company Limited by the Bureau for Public Enterprise without due regard to constitutional principles and economic policy that informed the establishment of those power plants.
“The committee decried the proposed sale as unconstitutional and a disservice to all known principles of national development and the sharing equity among the three tiers of government.
“Considering the critical role your agency is playing in sustainable energy sector in the country, you are please requested to stop all further processes regarding this transaction and to submit the following information for the committee’s determination of the way forward”, the letter read.
The committee asked NBET to provide a breakdown of the capacity and monthly income of all the power plants, a full disclosure of all the power plants that have taken or pay agreements as well as electricity consumed and not consumed from inception.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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