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Obasanjo’s Third Force Transforms Into A Political Party

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The Coalition For New Nigeria, a political movement being championed by former President Olusegun Obasanjo has announced its fusion with African Democratic Congress, ADC, as a political platform on which its members would contest the 2019 general election.

A co-convener of CNM, Prince Olagunsoye Oyinlola, announced the adoption at of ADC as the platform on which members of the Coalition will seek to ensure that the ruling All Progressives Congress and the main opposition Peoples Democratic Party are driven out of power at a press conference in Abuja on Thursday.

While announcing the collapse of the CNM into ADC, Oyinlola lamented that the situation of the country has continued to worsen. He added that the country is in danger and in need or urgent rescue.

The former governor of Osun State said, “We have said it before and we are stating it here again that the current state of despair and despondency in our dear country is an ill wind.

“It is foreboding and can only lead to a conflagration. Between January when CNM was formed and now, can we say that the story of Nigeria has changed for the better? Have things not worsened at all levels?

“I thank all of you for being here today. You will all recall that in January this year, the Coalition for Nigeria Movement, CNM, was formed by some of us across the country as a political platform to create a new generation of leaders for our country.

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“Between that time and today, a lot of grounds has been covered in achieving the set goals. One of such is what we are doing here today – the formal fusing of – our movement into the African Democratic Congress”.

Oyinlola said CNM will take on the rescuing Nigeria not minding the inconveniences and other expected and unexpected consequences of their efforts at reinventing the country.

While pointing out that structural inadequacies and failure of leadership have robbed Nigeria of greatness, Oyinlola noted that, “a future of greatness for Nigeria will only be birthed by a new generation of youthful leaders with fresh ideas and knowledge of what it takes to govern a 21st century nation”.

“This gathering here today is a proof that the modest efforts at waking up the vast majority of our people to for once, take their destiny in their hands as demanded by the constitution are bearing fruits already. Our constitution guarantees all Nigerians their fundamental human rights, including freedom of association and the right to hold political views ” he said.

He added that the decision of the coalition to fuse with African Democratic Congress is an appreciation of the progressive essence of the party and its untainted existence on the terrain of our Nigeria’s politics.

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FG Unveils Unbundling Plan for Electricity Distribution Companies

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In a bid to enhance efficiency within Nigeria’s power sector, the Federal Government has initiated the unbundling process for 11 electricity distribution companies (DisCos).

This move aims to streamline operations and bolster effectiveness within the sector, as highlighted by Nigeria’s Minister of Power, Adebayo Adelabu.

Addressing the Senate Committee on Power in Abuja, Minister Adelabu emphasized the necessity of restructuring the DisCos into more manageable entities aligned along state lines.

He stressed the impracticality of current setups, citing examples such as the Ibadan Disco, which spans across seven states, hindering operational efficiency.

Also, Minister Adelabu disclosed the government’s intention to exercise its ownership rights in the DisCos, reclaiming management responsibilities to rectify operational shortcomings. He underscored the imperative of governmental intervention, citing past mismanagement by private sector operators.

In tandem with the unbundling initiative, the Federal Government has directed the sale of DisCos currently under the management of banks and the Assets Management Corporation of Nigeria (AMCON). Four DisCos, including Abuja, Benin, Kaduna, and Kano, are now under bank management due to loan repayment issues, signaling a broader need for industry-wide reform.

The Senate Committee on Power echoed concerns over DisCos’ inefficiencies, advocating for comprehensive overhauls to address longstanding performance deficits. Senator Danjuma Goje decried DisCos’ lackluster contributions to the power sector, labeling them as “complete failures.”

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In response to mounting challenges, Minister Adelabu outlined key strategies to revitalize the sector, including stringent regulatory measures, franchise agreements, and accelerated completion of transmission projects. Additionally, efforts are underway to bridge the metering gap and expand renewable energy capacity to bolster the national grid.

Looking ahead, the Federal Government remains committed to realizing its vision of a robust and sustainable power sector, with plans underway to achieve a target of 6,000MW of power generation by the year’s end. As stakeholders collaborate to address systemic deficiencies, the trajectory of Nigeria’s power sector points towards a future marked by resilience and progress.

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Nigerian Army Dismisses Two Personnel Over Alleged Theft at Dangote Refinery

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The Nigerian Army has swiftly acted on allegations of misconduct within its ranks, as it announces the immediate dismissal of two of its personnel implicated in a reported theft at the Dangote refinery in Lagos.

Director of Army Public Relations, Onyema Nwachukwu, affirmed this disciplinary action in a statement released on Monday.

Corporal Innocent Joseph and Lance Corporal Jacob Gani have been relieved of their duties and handed over to the police for further investigation.

“As a demonstration of NA’s zero-tolerance for misconduct and criminality within its ranks, the two soldiers have been dismissed from the NA with immediate effect and handed over to relevant authorities for further prosecution,” Nwachukwu stated.

Major General Nwachukwu outlined the charges against the soldiers, citing their abandonment of duty post and unauthorized possession of materials. He noted that they were summarily tried and found guilty in accordance with military laws.

“This decisive action underscores the NA’s resoluteness in maintaining its institutional integrity and reputation,” Nwachukwu added. “The NA reassures the general public of its dedication to upholding integrity, discipline, and accountability at all levels.”

“We remain resolute in our duty to protect and serve the nation with honor and dignity,” he concluded.

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Rainstorm plunges forty Ogun communities into darkness

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Forty communities in Ogun State have been plunged into darkness following a rainstorm on Sunday.

The downpour, which began midday, destroyed electricity facilities in some parts of the state, leading to a blackout.

“Due to broken poles occasioned by the heavy downpour at Ota and Mowe, customers in the following communities: lyana lyesi, Osuke Town, Egan Road, lyana Ilogbo, Ijaba, Ijagba, Itele, Lafenwa, Singer, Joju, Alishiba, Oju Ore, Tollgate, Eledi, Akeja, Abebi, Osi Round About, Ota Town, Ota Industrial Estate, Igberen, lju, Atan, Onipanu, Obasanjo, Lusada, Arigba, Odugbe, Ado-Odo, Igbesa, Owode,” the Ibadan Electricity Distribution Company (IBEDC) said in a statement late Sunday.

“Olokuta, Hanushi, Bamtish Camp Lufiwape, Eltees Farm, August Engineering, Spark Cear Soap Ayetoro, Amazing Grace Oil, Christopher University, Royal Garden Estate, Pentagon Estate, and environs are experiencing power outages”.

It called on residents of the areas to avoid “contact with the broken poles, saggy wires or any other electrical installation affected by the rain.

“Our technical team is working to clear and replace the broken poles and installations to ensure power supply is restored as soon as possible,” IBEDC said.

A video circulating on social media showed fallen electricity poles on vehicles in a flooded Sango-Ota area of the state.

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