News
House Committee Summons Electricity Discos Over ₦2.6tn Debt
The Public Accounts Committee of the House of Representatives has summoned 11 electricity distribution companies (Discos) to appear before it regarding an outstanding ₦2.6 trillion debt owed to the federation account.
The resolution was reached on Wednesday during an investigative hearing chaired by Representative Bamidele Salam, following a review of the 2021 Auditor General’s report.
The session featured an appearance by the Managing Director of the Nigerian Bulk Electricity Trading Company (NBET) PLC, Johnson Akinnawo, who disclosed the scale of the liabilities.

According to NBET documents submitted to the Committee, as of September 30, 2020, the 11 Discos collectively owe N2.6 trillion. The breakdown is as follows:
* Abuja Electricity Distribution Company (AEDC) – N330.4 billion
* Eko Electricity Distribution Company – N231 billion
* Benin Electricity Distribution Company – N233.2 billion
* Enugu Electricity Distribution Company – N258.3 billion
* Ibadan Electricity Distribution Company – N325.7 billion
* Ikeja Electricity Distribution Company – N310 billion
* Jos Electricity Distribution Company – N161.7 billion
* Kaduna Electricity Distribution Company – N277.7 billion
* Kano Electricity Distribution Company – N211.7 billion
* Port Harcourt Electricity Distribution Company – N239.7 billion
* Yola Electricity Distribution Company – N107.4 billion
The Auditor General’s 2021 report, which prompted the hearing, flagged multiple irregularities in the power sector. These include:
* N30 billion in uncollected debt by NBET from market operators
* A N549 million shortfall in NBET’s 1% income from institutional charges
* N100 billion paid by NBET to Generation Companies (GENCOs) for electricity not delivered to the national grid
* N26 billion owed to Nigeria by two foreign firms for power exported to Togo, Benin, and Niger
* N166 billion in under-remittance by Discos, below the Nigerian Electricity Regulatory Commission’s (NERC) minimum threshold
* N2.7 billion in unpaid invoices by the 11 Discos
Following deliberations, a motion was moved by a member of the committee, Yahya Kusada, and seconded by another member, Billy Osawaru, directing that all 11 discos be summoned to explain the persistent non-settlement of their financial obligations.
“With the magnitude of liabilities before us, these companies must appear before the Committee to clarify their positions and outline repayment plans,” Kusada said.
The committee also resolved to invite other market operators and participants to address concerns raised in the Auditor General’s report.
A date for the appearances would be communicated to the affected parties in due course.
International News
Transfer: Real Madrid , Cucurella Reach Verbal Agreement
Chelsea reliable defender, Marc Cucurella may join Spanish giant, Real Madrid before the end of the current transfer window.if information from transfer journalist, Fabrizio Romano are anything to go by.
Romano In a latest transfer update, said Real Madrid has reached verbal agreement to sign Marc Cucurella from Chelsea.
“Verbal agreement in place between all parties, player too — he’s the left back wanted by Mourinho” the update read.
News
Hakimi, Vinicius Barred From Speaking Spanish At World Cup
FIFA has come under scrutiny after several high-profile players, including Achraf Hakimi and Vinicius Junior, were discouraged from speaking Spanish during media engagements at the 2026 FIFA World Cup in the United States.
The issue first surfaced ahead of Morocco’s Group C clash with Brazil when a Spanish-speaking journalist attempted to question Morocco captain Achraf Hakimi in Spanish.
Despite Hakimi, who grew up in Madrid and speaks the language fluently, indicating he was comfortable answering in Spanish, event officials reportedly insisted that questions be asked in English.
Hakimi attempted to reassure organizers that language would not be a barrier, but officials maintained that no Spanish translator was available for the session. A compromise was eventually reached, with the reporter asking the question in Spanish while Hakimi responded in English.
The controversy intensified during Brazil’s media session when Vinicius Junior was also interrupted while responding to a question in Spanish.
The Real Madrid forward, who is more comfortable speaking Portuguese or Spanish than English, was reportedly asked by organizers to switch languages.
Rather than continue in Spanish, Vinicius opted to answer in Portuguese before turning his attention back to Brazil’s World Cup preparations.
The incidents sparked widespread debate among journalists and fans, many of whom questioned why Spanish—a language spoken by millions across North America—was effectively restricted at a tournament being hosted largely in the United States.
According to Spanish media outlet El País, FIFA only provides Spanish-language translation services at World Cup press conferences involving Spanish-speaking nations such as Spain, Mexico, Argentina, Uruguay, Colombia, Ecuador, and Paraguay.
For all other teams, questions and answers are expected to be conducted either in English or the official language of the participating country.
The policy has generated criticism online, with many supporters arguing that multilingual communication should be encouraged at a global event like the World Cup.
The backlash was particularly strong in Vinicius’ case, as the Brazilian forward appeared visibly uncomfortable being asked to communicate in English.
The controversy overshadowed what was otherwise a highly anticipated encounter between Brazil and Morocco, which ended in a 1-1 draw.
With the issue now drawing international attention, FIFA may face increasing calls to review its media language guidelines as the tournament progresses.
News
It’s Illegal’…Falana’s Bombshell Indicts Govs, FG.
Human rights advocate, Femi Falana, has warned federal and state governments against negotiating with and rewarding terrorists.
According to Falana, the practice is illegal.
He stated this while delivering the keynote address at the Amnesty International Second Annual General Meeting in Abuja on June 13, 2026.
Falana claimed it is public knowledge officials of the Federal Government and some State Governments have been holding meetings and negotiating with terrorists and bandits, which has led to thousands of ‘repentant’ criminals being forgiven and given cash gifts of undisclosed sums of money.
Asserting that the “satanic Boko Haram sect and similar bodies have been proscribed” under the Terrorism (Prevention and Prohibition) Act, Falana insisted that “their members and allies shall be prosecuted and not pampered and forgiven by the Nigerian State.”
Highlighting the legal consequences, he quoted Section 22 of the Act, stating: “A person who knowingly—(a) arranges, manages, assists in arranging or managing, participates in a meeting or an activity, which in his knowledge is concerned or connected with an act of terrorism or terrorist group, (b) collects, or provides logistics, equipment, information, articles or facilities for a meeting or an activity, which in his knowledge is concerned or connected with an act of terrorism or terrorist group, or (c) attends a meeting, which in his knowledge is to support a proscribed entity or to further the objectives of a proscribed entity, commits an offence, and is liable on conviction to imprisonment for a term of at least 20 years.”
-
Health & Wellness10 months agoPresident Tinubu Directs Cut in Dialysis Cost from ₦50,000 to ₦12,000
-
News10 months agoPICTURE: In Lagos Couple Sentenced to 22½ Years for Cannabis Trafficking
-
Business3 months agoDangote Refinery Reduces Petrol Gantry Price To ₦1,200 Per Litre
-
Trending News10 months agoNELFUND Disburses ₦86bn To 449,000 Beneficiaries
-
Business3 months agoAfter Plea Bargain, Court Discharges Stella Oduah of ₦2.5bn Fraud
-
International News2 months agoIndian Police Arrest Nigerian Over ₦290m Drug Haul
-
Business2 years agoHeritage Bank Customers’ Path to Securing ₦5m Insured Funds: A Step-By-Step Guide by NDIC”
-
Business2 years ago
Dangote; We Did Not Fix ₦600/Litre Petrol Price
