A statement issued  after his appearance before the Senate stressed that Tegbe was deliberate and cautious in his presentation, avoiding unrealistic timelines while outlining a structured reform pathway for the power sector.

According to the clarification, Tegbe explained that while Nigerians can expect early signs of progress, particularly in grid stabilisation within his first 100 days in office, comprehensive reforms will be guided strictly by technical assessments, stakeholder consultations, and sector realities.

He noted that critical challenges such as gas supply constraints, metering gaps, infrastructure decay, and commercial inefficiencies require coordinated interventions that cannot be resolved through arbitrary timelines.

“My commitment to this distinguished chamber and to Nigerians is clear: we will deliver visible and measurable improvement in the power sector,” Tegbe stated during the screening.
He assured that his focus would include stabilising the national grid, modernising transmission and distribution infrastructure, strengthening commercial frameworks, and enforcing accountability across the electricity value chain.

On tariff policy, the minister-designate reaffirmed that reforms would be carefully designed to balance sustainability with social protection, ensuring that vulnerable households are shielded while also restoring investor confidence in the sector.

The statement further emphasised that Tegbe’s approach reflects discipline, technical understanding, and a reform-minded agenda aimed at delivering lasting solutions rather than short-term political promises.

It added that he remains open to responsible media engagement and constructive clarification where necessary, noting that accurate reporting is essential to public understanding of ongoing efforts to reposition Nigeria’s power sector.

Tegbe reaffirmed his readiness to lead a transparent, results-driven reform process anchored on accountability, realism, and measurable progress.

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The three-day heritage festival, unveiled by organisers on Wednesday, is themed, “Ogedengbe Agbogungboro Legacy: Leadership, Security, and Statecraft for Modern Governance in Nigeria.”

The event is designed to preserve Yoruba cultural heritage, deepen historical consciousness, promote tourism and stimulate national conversations on leadership, peacebuilding and governance.

According to the organisers, the fiesta will commence with traditional homage at Atorin and heritage excursions to notable Kiriji War historical sites in Imesi-Ile, where participants will relive significant moments in Yoruba military and political history.

The programme will also feature guided visits to the historic Ogedengbe Cave, Ibu Latoosa Site and the Yoruba Peace Treaty Grove, all regarded as symbolic monuments of Yoruba resilience, diplomacy and unity.

As part of activities lined up for the celebration, participants will tour the gardens of renowned legal icon and elder statesman, Afe Babalola, in Okemesi-Ekiti.

The organisers further disclosed that a Legacy Awards and Hall of Fame Investiture ceremony would hold in Ilesa to honour individuals who have contributed immensely to the promotion of Yoruba culture, leadership and community development.

A distinguished personality lecture in honour of Aare Afe Babalola, SAN, OFR, CON, and Arole Fabunmi of Okemesi-Ekiti is also expected to headline the event, with scholars, traditional rulers, cultural enthusiasts and public intellectuals billed to discuss pathways to strengthening governance and security through indigenous values and historical lessons.

The organisers noted that all activities would commence daily by 11am, adding that the festival would serve as a rallying point for lovers of Yoruba culture, history and tourism across Nigeria and beyond.

They described the fiesta as not only a celebration of the heroic exploits of Ogedengbe Agbogungboro, but also a strategic platform to inspire a new generation of leaders through the ideals of courage, unity, patriotism and visionary leadership.

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The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, stated this in Paris, France, during a meeting with global investors alongside President Bola Tinubu.

Oyedele said the government would also not introduce price controls, stressing that market forces remain the preferred mechanism for determining petrol prices.

“We will not bring back fuel subsidy because it creates distortions for the economy, and we won’t introduce price control because we believe in the market,” he said.

The minister argued that the subsidy regime had long undermined economic efficiency, adding that emerging global energy shifts, including developments in Iran, present fresh investment opportunities for Nigeria.

The removal of petrol subsidy in May 2023 triggered a steep rise in inflation, worsening the country’s cost-of-living crisis.

Nigeria’s headline inflation climbed from 22.41 per cent in May 2023 to 34.19 per cent by June 2024 — its highest level in nearly two decades — driven by surging fuel, food, and transportation costs.
Food inflation further accelerated, exceeding 39 per cent by October 2024, while transport fares soared by nearly 300 per cent, compounded by currency devaluation.

Despite the economic strain, Tinubu defended the policy, saying it had stabilised the foreign exchange market.

“Subsidy that was a burden to the entire country was removed, and ever since we have achieved FX stability,” the President said, according to his Special Assistant on Social Media, Dada Olusegun.

In a related statement, the President’s Special Adviser on Information and Strategy, Bayo Onanuga, said the administration’s reforms were aimed at eliminating structural distortions, strengthening macroeconomic stability, and laying the foundation for inclusive growth.

He added that the government remained committed to fiscal discipline and transparency.

Highlighting economic progress, Oyedele disclosed that Nigeria recorded an 11.2 per cent growth in Gross Domestic Product in dollar terms in 2025, describing it as a major step towards the country’s ambition of building a $1tn economy by 2030.

He also pledged that the government would begin publishing quarterly financial reports to enhance accountability and public trust.

Also speaking, the Director-General of the Debt Management Office, Patience Oniha, assured investors of Nigeria’s commitment to prudent borrowing and sustainable debt management.

The Federal Government has continued to defend its reform agenda despite growing public discontent, insisting that the long-term gains will outweigh the current economic pains.

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The company disclosed this in a statement on Tuesday by its General Manager, Public Affairs, Ndidi Mbah, noting that a 100MVA 132/33kV transformer would be temporarily shut down for routine preventive maintenance.

According to the statement, the exercise is scheduled to take place between 10:00 a.m. and 6:00 p.m.

TCN explained that the maintenance was part of ongoing efforts to ensure efficient and reliable operation of its transmission facilities nationwide.

“The scheduled maintenance will allow our engineers to carry out essential checks and servicing of the transformer to maintain optimal performance,” the statement read.

The company further stated that the temporary shutdown would affect electricity supply in some areas under the Ibadan Electricity Distribution Company.

It listed the affected areas as Express, Industrial and Oluyole, adding that residents in the locations would experience interruption in power supply during the period.

TCN, however, assured that normal electricity supply would be restored immediately after the maintenance exercise is concluded.

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Data from energy analytics firm Kpler showed that more than 500 million barrels of crude oil and condensate have been wiped off the global market since the crisis began in late February, making it the largest energy supply disruption in modern history.

Iran’s Foreign Minister, Abbas Araqchi, on Friday said the Strait of Hormuz had been reopened after a ceasefire agreement reached in Lebanon.

However, tensions escalated again on Saturday as Tehran warned it could shut the strategic waterway if the United States sustains its blockade of Iranian ports.

Also, U.S. President Donald Trump expressed optimism that a deal to end the conflict could be reached “soon,” although he did not provide a definite timeline.

Analysts warned that the scale of disruption could have prolonged effects on global energy stability, with shocks expected to linger for months or even years.

Providing context, Principal Analyst at Wood Mackenzie, Iain Mowat, said the 500 million barrels lost is equivalent to grounding global aviation demand for 10 weeks, halting all road transport worldwide for 11 days, or shutting down the entire global oil supply for five days.

Further estimates showed that the lost volume is nearly equal to one month of oil demand in the United States or more than a month’s supply for Europe. It also represents about six years of fuel consumption by the U.S. military and could power global shipping activities for approximately four months.

The crisis has significantly affected oil-producing nations in the Gulf, with output losses reaching about eight million barrels per day in March—roughly equivalent to the combined production of two of the world’s largest oil companies.

Jet fuel exports from major producers, including Saudi Arabia, Qatar, the United Arab Emirates, Kuwait, Bahrain, and Oman, dropped sharply from 19.6 million barrels in February to just 4.1 million barrels recorded across March and April combined. Analysts said the shortfall could have powered about 20,000 round-trip international flights.

With crude prices averaging around $100 per barrel since the onset of the conflict, the lost volumes translate to an estimated $50bn in revenue. Experts noted that this figure is equivalent to about one per cent of Germany’s annual Gross Domestic Product, or roughly the size of the economies of smaller European countries.

Meanwhile, global onshore crude inventories have declined by about 45 million barrels in April alone, while total production outages have risen to approximately 12 million barrels per day since late March.

Industry experts cautioned that unless a lasting resolution is reached, the disruption could intensify volatility in global oil markets, worsen inflationary pressures, and further strain fragile economies worldwide.

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The nomination was conveyed in a letter dated April 13, 2026, signed by the Publisher/Editor-in-Chief of City People Magazine, Seye Kehinde.

The development was disclosed in a statement issued by Oseni’s media aide, Idowu Ayodele, and made available to journalists in Ibadan on Thursday.

According to the statement, the lawmaker earned the nomination in recognition of his “outstanding contributions to politics in Oyo State, particularly in Ibarapa East/Ido Federal Constituency.”

The organisers noted that Oseni emerged as a nominee following a comprehensive review of performances across sectors by the award’s selection committee.

Part of the letter read, “Having performed creditably well in your sector last year, the Organising Committee presented you as a nominee in your sector.”

The award ceremony is scheduled to hold on Sunday, May 3, 2026, at Etal Hall, Kudirat Abiola Way, Oregun, Ikeja, Lagos, at 4pm.

The City People Awards is an annual event that recognises individuals who have distinguished themselves in governance, public service and other sectors of national development.

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In a statement issued on Thursday, the company expressed concern over what it described as a “disturbing surge” in attacks on its field workers and third-party partners.

It noted that the affected personnel were mainly engaged in meter installation, revenue collection and maintenance of electricity infrastructure.

According to the firm, the increasing cases of harassment, physical assault and unlawful detention of its workers pose a serious threat to employee safety and the stability of electricity service delivery across its franchise areas.

The Deputy Managing Director, Abubakar Mohammed, said the company would no longer tolerate any form of aggression against its workforce.

“Let this serve as a clear warning to anyone who engages in the assault of our staff. Kaduna Electric will pursue every case to its logical conclusion,” he said.

“We will work closely with security agencies to ensure offenders are brought to justice and face the full weight of the law,” Mohammed added.

He further disclosed that the company would publicly reveal the identities of individuals found culpable.

According to him, names, photographs and other details of offenders would be published on the company’s official platforms as well as in national and local media.

“This measure is intended to ensure accountability and serve as a strong deterrent. Anyone who chooses to attack our personnel should be prepared not only to face prosecution but also public exposure,” he added.

The company stressed that assaults on utility workers attract serious legal and financial consequences, noting that offenders risk criminal charges that may lead to fines or imprisonment.

It added that perpetrators could also face civil liabilities, including compensation for medical treatment, psychological trauma and loss of work hours.
While condemning the attacks, Kaduna Electric urged customers to adopt peaceful and lawful means of resolving disputes.

It advised aggrieved customers to channel complaints through its customer service units or appropriate regulatory bodies.

The management reaffirmed its commitment to protecting its workforce and partners, stressing that a safe working environment is essential for delivering reliable and efficient electricity services.

Although disputes between electricity providers and consumers are often linked to billing issues, metering challenges and service delivery concerns, the company maintained that such matters must be resolved through dialogue, insisting that violence against its staff will no longer be tolerated.

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The affected property owners, drawn from Ido, Akinyele, Egbeda, Lagelu, Oluyole, and Ona-Ara Local Government Areas, converged on Ologuneru on Saturday, where they unanimously condemned the policy, describing it as excessive, unjust, and capable of triggering a humanitarian crisis.

Operating under the Ibadan Circular Road and Corridor Stakeholders Forum, the landlords argued that the 1,000-metre development corridor being proposed for the 110-kilometre circular road project failed to meet due process requirements and does not serve public interest as claimed by the Oyo State Government.

Cross-section of landlords and landowners across the affected six Local Government Areas during the press conference yesterday in Ibadan

At a programme tagged “Meet and Greet”, held at Gbopa, Ologuneru, in Ido local government, the stakeholders disclosed that the government’s plan could gulp over 10,000 hectares of land spanning the six council areas.

They alleged that attempts to compel them to relocate to government-acquired lands were illegal, inhuman, and unjust, stressing that such action would dispossess families of ancestral lands and long-term investments.

Leaders of the group at the meeting included Awise Adewale Bogunmbe, Pastor Tosin Ogunsola, Baale Akinlawon (Mr. Olajire Muyiwa), Mrs. Olayinka Johnson, Mr. Femi Abiodun, Prince Salaudeen Sodiq, Alake Victoria, Engr. Lashinde Moruff, Mr. Ajao Babatunde Ibrahim, Iya Circular, and Mr. Dairo Kehinde.

Speaking on behalf of the stakeholders, the leaders accused the state government of attempting to deploy executive powers to appropriate private properties under the guise of development, warning that the move would have grave socio-economic implications.

They revealed that affected residents had commenced a mass signature campaign to back a petition to the National Assembly, seeking urgent intervention to halt what they described as an abuse of power.

“We are not against development,” the group stated, “but development must be humane, lawful, and fair to the people whose lives and properties are directly affected.”

The stakeholders therefore demanded that the state government should immediately jettison the proposed development corridor and restrict the project to the initial 150 metres earlier earmarked for the road.

They further called for an immediate suspension of ongoing and planned demolitions along the right of way, insisting that no property should be touched without prompt and adequate compensation.

According to them, even the 150-metre width earlier proposed for the project remains excessive, urging the government to consider reducing it to about 60 metres in line with obtainable standards.

“There is no known road in Nigeria that spans 150 metres in width,” the group argued, noting that anything beyond reasonable limits raises questions about the true intention of the project.
The forum, however, clarified that its agitation was not politically motivated.

“We are not fighting Governor Makinde, and we are not being sponsored by any politician or political party. This is about our homes, our future, and the inheritance of our children,” the stakeholders declared.

Efforts to get an official reaction from the Oyo State Government were unsuccessful as of the time of filing this report.

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Oseni said the resurrection of Jesus Christ embodies the triumph of hope over despair, noting that the season presents a timely opportunity for citizens to reflect on values capable of strengthening unity and fostering peaceful coexistence.

In a statement issued on Sunday by his media aide, Idowu Ayodele, and made available to journalists in Ibadan to commemorate the celebration, the federal lawmaker described Easter as a period that calls for renewed dedication to compassion, sacrifice, and collective responsibility in building a more prosperous Nigeria.

He encouraged Nigerians to extend kindness to the vulnerable, stressing that empathy, generosity, and community support remain essential in addressing social challenges and deepening national solidarity.

According to him, “Easter reminds us that love conquers division and resilience overcomes adversity. It is a season that calls for reconciliation, renewed hope, and a shared commitment to the rebirth of our nation.”

The APC chieftain also urged leaders at all levels to demonstrate selfless service, emphasising that responsive governance and people-focused policies are vital to improving the welfare of citizens.

He commended Nigerians for their resilience, encouraging them to remain steadfast, law-abiding, and committed to sustaining peace and unity across religious and ethnic lines.

The lawmaker reaffirmed his commitment to effective representation, pledging to sustain initiatives focused on critical infrastructure, quality education, youth and women empowerment, improved healthcare delivery, and expanded economic opportunities to enhance the living standards of constituents.

Oseni, however, wished Christians a peaceful and fulfilling Easter celebration, expressing optimism that the season would usher in renewed strength, enduring peace, and meaningful progress for Nigeria.

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In his Easter message to Christians in Orile-Igbon and across the Ogbomoso Zone, the monarch described the season as a solemn reminder of the sacrifice of Jesus Christ for humanity.

He said, “I join Christians in Orile-Igbon and the entire Ogbomoso Zone of Oyo State in celebrating the crucifixion and resurrection of our Saviour Jesus Christ this year.”

The monarch  noted that Easter provides an opportunity for reflection on the significance of Christ’s sacrifice and the need for individuals to emulate His virtues.

“This season offers us another opportunity to remember and uphold the sacrifice which Christ made for humanity by the shedding of His blood on the cross so we may be reconciled to God,” he added.

The Olugbon urged Christians to spread love and peaceful coexistence while supporting policies of government at all levels.

“As we celebrate this season, I implore us to uphold these virtues and spread love, while supporting government’s efforts in protecting and developing our communities,” he said.

He specifically called for support for the Oyo State Government’s SAFER Agenda and the Renewed Hope Agenda of President Bola Ahmed Tinubu.

“The Oyo State Government’s SAFER Agenda and the Renewed Hope Agenda of President Bola Tinubu require the support of all and sundry so our communities, state and Nigeria at large will be safer, better and prosperous places for all citizens,” the royal father  stated.

The traditional ruler also prayed for wisdom for leaders and unity among Nigerians irrespective of religious differences.

“I pray for more wisdom for all our leaders, peaceful coexistence of Nigerians of all faiths and that God will give us the Nigeria of our dream,” he said.

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