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Group unravels CBN, Discos’ secret plots to collapse Nigeria’s economy

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GODWIN EMEFIELE, CBN Governor

The federal government has been intimated of alleged plots by the Central Bank of Nigeria, (CBN) and Electricity Distribution Companies, (Discos) to collapse the nation’s economy through an ongoing secret moves to cancel Eligible Customer, (EC) scheme.

The plot by the cartel if not quickly arrested will not only cause injuries on manufacturing industries but it will also lead to the total collapse of the economy, thereby causing unemployment because more industries will soon wind-down operations.

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The Coalitions of Arewa Assembly in a statement issued in Kaduna, on Sunday by its National Coordinator, Mallam Attahiru Usman, disclosed that the move by the CBN and some Discos cartels is a deliberate attempt to collapse the economy stressing that more industries may soon go out of business operations.

Usman said, “CBN’s mandate is to regulate Nigerian banking activities and money markets but has no business in the regulation of the power sector.”

The group also urged the 36 state governors under the auspices of the Nigeria’s Governors’ Forum to rally round its members in a bid to arrest jobs carnage and Internally Generated Revenue, (IGR) deficit stressing that many industries have collapsed in Kano, Kaduna, Zamfara, Lagos, Ogun and other states of the federation while many others are operating below capacities.

According to the statement, “As part of efforts towards actualizing their aims of increasing Electricity Tariffs, the said cartel plotted coup d’état which ensured that Mr. Raji Fashola SAN was not returned as Minister for Power for a second term tenure while the former Managing Director of Transmission Company of Nigeria, (TCN)was also relieved of his appointment.

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“Unfortunately, it is crystal clear at this point to note that the purpose of privatization has not been achieved. Discos have found their ways to lobby the CBN Governor, Mr. Godwin Emefiele, to cause policy summersault by mis-regulating the system, increasing electricity tariff as well as planned to cancel Eligible Customers which is the only avenue for the Electricity Generation Companies to sell close to 3000 stranded powers that Discos was not able to evacuate.

“Cancellation of Eligible Customers which has been a huge relief to Genco and TCN as well as manufacturers that are buying bulk powers, will wreck serious havoc on business activities nationwide with negative ‘bush fire’ effects on all facets of the nation’s economy.”

The statement further stressed that, “The privatization act has set limitations for all Discos while the act of Electricity Generation Companies and TCN gave rooms for the Eligible Customers. This alert is in the collective interest of Nigerians. At the moment, transformers are being purchased by members of communities and associations for the comfort of their households while Discos take advantage of this and claim returns on such efforts put in place by innocent residents in their budget.

Despite the proclamation by the national assembly, Discos are yet to invest on purchase of meters. It will gladden our hearts if Discos can do an hour documentary to be aired on National Television stations on their achievements to Nigerian masses since the privatization was done
as well as give adequate account of the fund released to them by the federal government through the Central Bank of Nigeria, (CBN).

The group however appealed President Muhammadu Buhari and his economic team to urgently wade-into the matter even as it called on the leadership of the national assembly led by the Senate President, Dr. Ahmad Lawan to adopt legislative processes to unravel the plot.

“Please save our country from ‘cartels’ who inherited our national assets without any relief to the masses, we cannot afford to see our residents in blackout and industries collapsing on high power tariff cost while our members are losing their jobs. Nigerian youths are suffering, more graduates are being produced and there are no vacancies to accommodate them. If the CBN and Discos did not desist from the plots, we shall have no choice than to storm the national assembly and the CBN headquarters to demonstrate and stage protests on major roads.

“Before embarking on any policy of this kind, we implore the leadership of National Assembly to prevail on the Minister for Power to organize a public debate wherein, stakeholders, interest groups, associations as well as representatives of Non-Non-governmental Organizations, (NGOs) would be involved in order to submit their positions before hand”, Usman added.

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Abuja gridlock: ADSC research, alerts authorities, says there’s urgent need for investment, administrative decentralization

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The Africa Development Studies Centre (ADSC), in its research findings on Abuja gridlock has said there’s urgent need for investment and administrative decentralization to curb the menace in the Federal Capital Territory FCT.

This was contained in a statement issued by ADSC’s President, Sir, Victor Oluwafemi on Wednesday where he noted that he issued this statement on the strength of ADSC’s policy research and urban systems analysis on the worsening traffic gridlock within the Federal Capital Territory.

Oluwafemi explained that: “Our findings are clear. Abuja’s morning and evening congestion has moved beyond inconvenience.

” It is now a structural governance challenge with direct implications for national productivity, public service performance, staff wellbeing, investor confidence, and the long term liveability of the capital.

” Every workday, the same pattern repeats itself. In the mornings, a large majority of vehicles flow toward the same central corridors because government offices, public service points, and high activity institutions remain excessively clustered in the city core.

“In the evenings, the same traffic reverses in a single wave, creating daily paralysis that drains time, energy, and morale.

“ADSC’s research indicates that this problem is driven primarily by institutional concentration, not simply by limited road space.

” The more Abuja continues to concentrate government activity into the same tight centre, the more congestion becomes inevitable, regardless of how many interchanges are built.

“While road expansions and corridor upgrades remain important, they are insufficient as a standalone solution. Global urban planning evidence shows that where traffic demand is generated by concentrated destinations, increasing road capacity often produces temporary relief before congestion returns as demand rises to match the new capacity.

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” Abuja must therefore shift from a road led response to a governance led, spatial planning strategy that reduces the daily need for mass commuting into the city centre.

“On the basis of these findings, I respectfully call on Mr President and the Honourable Minister of the Federal Capital Territory, Barrister Nyesom Wike, to adopt an evidence led decongestion programme anchored on accelerated satellite town development and administrative decentralisation.

” The Federal Capital Territory has substantial land and expansion potential across Kwali, Gwagwalada, Kuje, Bwari, and Abaji.

” These municipalities should no longer remain peripheral settlements while the city centre carries an unsustainable load. When satellite towns are treated only as residential spillover, they create commuter pressure rather than economic balance.

“The solution is to build them as functional municipal centres where people can work, access services, invest, and live without being compelled to enter central Abuja daily.

Oluwafemi who is also Founder, Douglas Development Institute (DDI) said: “ADSC recommends the phased relocation of selected non sensitive and high traffic government functions to these satellite municipalities.

“Priority should be given to back office directorates and support units, training institutions and conference facilities, records and archives, stores and logistics centres, procurement processing and compliance units, and high footfall service points that can operate efficiently as one stop municipal hubs.

“This will reduce peak hour traffic demand, improve punctuality, lift staff motivation, and spread economic activity across the wider FCT.

“In addition, we recommend accelerated digitisation of government workflows so that approvals, memos, reporting, file routing, and inter agency coordination occur securely through digital systems rather than requiring constant physical movement.

“When governance processes become digitally enabled, congestion reduces organically, service delivery becomes faster, transparency improves, and the entire administration becomes more efficient.

“Finally, ADSC supports a broader national approach where suitable federal institutions, where feasible, are relocated to other states of the federation.

” This will reduce Abuja’s long term administrative burden, strengthen national belonging through a more visible and balanced federal presence, and stimulate development and job creation beyond the capital.

“Abuja must not wait to become permanently gridlocked before structural reform is undertaken. A capital that cannot move will eventually struggle to lead. The time to act is now, while reforms can be implemented in a phased, orderly, and dignified manner that protects productivity, public health, and the identity of Abuja as a planned and functional capital.

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Kwankwasiyya Coalition Condemns Governor Yusuf’s Defection to APC, Calls Move a Betrayal of Kano Mandate

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The Coalition of Kwankwasiyya Support Groups has strongly opposed the defection of Kano State Governor, Abba Kabir Yusuf, from the New Nigeria People’s Party (NNPP) to the All Progressives Congress (APC), describing the move as a betrayal of trust and a disregard for the mandate given by the people.

Addressing a press conference on behalf of the coalition, its Chairman, Hon. Usman Namama, said the governor’s decision had shocked millions of Nigerians, particularly the people of Kano State who overwhelmingly supported him at the polls.

Namama stated that democracy thrives on transparency, loyalty, and accountability, stressing that political leaders owe it to the electorate to consult widely before making decisions that fundamentally alter the mandate they were given.

According to him, Kano’s political history has consistently shown that the people do not tolerate betrayal. He recalled how the late Malam Aminu Kano laid the foundation for progressive politics in the state, which later brought the late Alhaji Abubakar Rimi to power, noting that Rimi was voted out in 1983 after falling out with his mentor.

He also referenced the political journey of Senator Rabiu Musa Kwankwaso, who lost his re-election bid in 2003 as an incumbent governor but accepted the outcome with humility, a gesture that later strengthened his bond with the people and paved the way for his political comeback.

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Namama further recalled that Kwankwaso later supported Dr. Abdullahi Ganduje to become governor in 2015, only for Ganduje to later sever ties with his political benefactor, a development he said further reinforced the recurring lesson of Kano politics.

The coalition chairman said Senator Kwankwaso subsequently introduced Abba Kabir Yusuf into the political family under the NNPP platform, adding that Kano voters rallied behind Yusuf largely because of their trust in Kwankwaso’s leadership and judgment.

“Despite legal battles, intimidation and other challenges, the will of the people prevailed, and Abba Kabir Yusuf emerged as governor because the people believed in Senator Kwankwaso,” Namama said.

He expressed deep disappointment that the governor had now chosen to defect to another party, describing the move as a repetition of past betrayals against Kwankwaso.

Speaking on behalf of the coalition, Namama declared that its members remained firmly loyal to Senator Rabiu Musa Kwankwaso, insisting that their allegiance was not to any political party but to character, sacrifice, and proven leadership.

“Our loyalty is to Kwankwaso. Whoever he supports, we will support. Whoever he endorses, we will vote for, and wherever he leads, we will follow,” he said.

He emphasized that the relationship between Kwankwaso and his supporters was rooted in trust, consistency, and shared struggle, adding that the coalition represented the grassroots voters who form the backbone of democracy in Kano State.

Namama concluded by stating that the coalition was patiently awaiting directives from Senator Kwankwaso, warning that the people, history, and the political class were closely watching developments in the state.

The press conference was attended by members of the media, Kwankwasiyya supporters, and other invited stakeholders

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Hikima Radio Appoints Auwal King Abdul Aziz As Station Manager

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The Management of Hikima Radio & TV, Kano, hereby announces some strategic changes in its leadership and departmental structure. These changes take immediate effect and are aimed at strengthening operations and improving the quality of service delivery across the station.

After careful consideration, Management has approved the following appointments:
Mr. Auwal Mohd. Abdulaziz has been appointed Acting Station Manager with immediate effect and will assume all duties and responsibilities of the office.
Ms. Zainab Namadi Haruna will temporarily oversee the Programs Department, in addition to her current role as Head of News and Current Affairs.
Mr. Mubarak Auwal has been appointed Acting Head of the Political Unit and New Media with immediate effect.
Veteran journalist, Muhammad Musa Muhammad Inyaa, will continue to serve as Acting Managing Director.

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Management reaffirms its commitment to growth, professionalism, and periodic restructuring where necessary. These decisions align with our vision to sustain excellence, innovation, and high standards in broadcasting at Hikima Radio & TV.

 

 

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