ICPC insists on NMDPRA ex-CEO probe as Dangote withdraws petition

GTHUr9TWQAAhC_DThe Independent Corrupt Practices and Other Related Offences Commission has reaffirmed its commitment to investigating the immediate past Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, despite the withdrawal of a petition by billionaire businessman Aliko Dangote.

Dangote had filed the petition on December 16, 2025, through his lawyer, Ogwu Onoja (SAN), urging the ICPC to investigate and potentially prosecute Ahmed over allegations of corruption and financial impropriety.

The petition alleged that Ahmed spent over $7m on the education of his four children in Switzerland, reportedly paid upfront for a six-year period, without any lawful source of income to justify such expenditure.

It also accused Ahmed of diverting public funds for personal gain through his position at the NMDPRA, claims which Dangote said had fueled public outrage and civil society protests.

The petition stated:“Engr. Farouk Ahmed has grossly abused his office contrary to the extant provisions of the Code of Conduct for Public Officers, enmeshing himself in monumental corruption and unlawful spending of public funds running into millions of dollars. That Engr. Farouk Ahmed spent, without evidence of lawful means of income, a humongous sum of over $7 million of public funds on the education of his four children in different schools in Switzerland for a period of six years upfront.”

However, the ICPC said it received a letter dated January 5, 2026, from Dangote’s lawyer notifying the commission that the petition had been withdrawn and that another law enforcement agency had taken over the matter.

In a statement, ICPC spokesperson John Odey emphasised that the withdrawal of the petition would not halt its investigation.

He said the commission’s probe had already commenced in line with sections 3(14) and 27(3) of its enabling Act.

“The Independent Corrupt Practices and Other Related Offences Commission is in receipt of a letter dated January 5, 2026, titled ‘Notice of Withdrawal of Petition against Engineer Farouk Ahmed,’ submitted to the Commission by Dr. O.J. Onoja, SAN and Associates, legal counsel to Alhaji Aliko Dangote.

The letter states that the petitioner has withdrawn the petition dated 16th December, 2025, in its entirety and that another law enforcement agency has taken over,” Odey said.

Power: GenCos invoices fall N80.56bn on weak demand

NERC

The total invoice issued by power generation companies fell by N80.56bn in the third quarter of 2025, following a reduction in energy offtake by electricity distribution companies, according to industry data.

Figures released by the Nigerian Electricity Regulatory Commission in its Q3 2025 report indicate that GenCos billed N782.46bn in 2025/Q3, down from N863.02bn in 2025/Q2.

This was because the DisCos reduced their energy offtake by 6.08 per cent and also contributed to a reduction in the Federal Government’s subsidy obligation, which fell to N458.75bn from N514.35bn over the same period.

The report noted that the current open-ended subsidy regime exposes the government to indeterminate subsidy obligations due to volumetric risks and variations in generation costs arising from changes in the supply mix, with higher thermal generation typically increasing costs.

“6.08 per cent reduction in energy offtake by DisCos between 2025/Q3 and 2025/Q2 was the key driver for the reduction in the total GenCo invoice (N782.46bn vs. N863.02bn) and subsidy (N458.75bn vs. N514.35bn) across the period. The current open-ended subsidy regime leaves the FGN exposed to indeterminate subsidy obligation because of volumetric risk; generation cost variation arising from changes in supply mix (more thermal = higher generation cost),” NERC said.

It added that the monthly subsidy obligations during the quarter were N163.7bn in July, N153.32bn in August, and N141.72bn in September.

Under the DisCos’ Remittance Obligation framework, the government covers the gap between cost-reflective tariffs and allowed tariffs, applying the subsidy to the generation cost payable by DisCos to the Nigerian Bulk Electricity Trading Plc at source.

In 2025/Q3, the DRO-adjusted invoice from NBET to DisCos was N323.70bn, while total remittances amounted to N308.25bn, representing a remittance performance of 95.23 per cent.

All DisCos except Kano, Benin, Jos, and Kaduna reportedly achieved full remittance. Jos DisCo improved by 4.29 percentage points compared to Q2, while Benin, Kaduna, and Kano recorded slight declines.

For transmission and administrative service costs billed by the market operator, DisCos remitted N73.03bn of N76.77bn, translating to 95.13 per cent performance. Jos and Kaduna were the only DisCos that did not remit fully.

Experts have said the DisCos’ reduction of energy offtake would impact the GenCos while leading to a reduction in the quantum of energy distributed to the consumers.

PwC sees Nigeria achieving 4.3% GDP expansion

PwC NigeriaPwC Nigeria has projected that Nigeria’s real Gross Domestic Product growth in 2026 would settle around 4.3 per cent.

This was disclosed in a statement shared with The PUNCH on Wednesday following the release of its 2026 Economic Outlook.

This projection broadly aligns with that of the World Bank, which, in its latest Africa’s Pulse report, anticipates that Nigeria’s economic growth will strengthen to 4.4 per cent between 2026 and 2027, driven by higher activity in ICT, finance, and real estate.

“Looking ahead, the outlook projects real GDP growth of about 4.3 per cent in 2026, with inflation moderating gradually and the naira remaining broadly stable. Fiscal constraints persist, reinforcing the importance of capital efficiency and balance-sheet discipline.

“Against this backdrop, PwC Nigeria highlights practical imperatives for business leaders in 2026: making selective investment bets in attractive sectors and regions, scenario-planning for macroeconomic and geopolitical shocks, adapting business models and cost structures for resilience, accelerating digital transformation and responsible AI adoption, and strengthening regulatory and tax compliance as reforms move from design to execution,” the statement read.

Also, PwC Nigeria’s 2026 Economic Outlook asserted that recent gains in macroeconomic stability are reshaping the operating environment for businesses, investors, and markets.

The report indicated that Nigeria recorded improvements in macroeconomic stability in 2025 following key monetary and foreign-exchange reforms, with inflation easing, exchange-rate conditions stabilising, and external reserves strengthening. PwC’s Economic Outlook 2026 highlighted how this stability is influencing strategic business choices in 2026, particularly around investment, cost and funding decisions, and regulatory, tax, and digital priorities.

Commenting on the report, the Country Senior Partner, PwC Nigeria, Sam Abu, said, “PwC Nigeria’s Economic Outlook 2026 provides forward-looking analysis of key macroeconomic indicators and what they signal for the economy and for business leaders. Nigeria has achieved improved macroeconomic stability over the past year. The focus now is on how that stability is translated into sustainable economic growth and how businesses position themselves for 2026. For companies, this stability provides a more predictable operating environment for planning, investment, and growth decisions.”

The Economic Outlook 2026 also identified seven key issues shaping Nigeria’s economic performance in the year ahead, spanning global and domestic forces. These include monetary policy effectiveness, fiscal sustainability and reform execution, global economic and geopolitical dynamics, domestic security and social pressures, uneven sectoral growth, consumer affordability constraints, and the expanding role of the digital economy and artificial intelligence.

Speaking on the outlook, Partner and Chief Economist, PwC Nigeria, Olusegun Zaccheaus said, “The seven themes in the Outlook show how global and domestic forces will shape economic performance in 2026. Globally, growth is projected at around 3.1%, while merchandise trade growth slows to about 0.5 per cent, keeping oil prices, capital flows, and access to foreign inflows as key channels influencing Nigeria’s growth and FX liquidity.

SIFAX targets expansion with innovation strategy

SIFAX GroupSIFAX Group has opened the 2026 business year with a strong declaration of intent.

This comes as the company rolled out an innovation-led growth strategy designed to enhance operations, accelerate technology adoption, and broaden its presence across West Africa.

SIFAX announced this in a statement on Tuesday, signed by its Head of Corporate Communications, Olumuyiwa Akande.

According to the statement, the Chairman of the Group, Dr. Taiwo Afolabi, made this known in his New Year message to employees, partners, and stakeholders, where he outlined the company’s strategic priorities for the year while reflecting on a strong performance in 2025.

According to Afolabi, the Group’s focus for 2026 is anchored on “growth through innovation”, with renewed emphasis on operational excellence, collaboration across subsidiaries, sustainability, and customer-centric service delivery.

He noted that SIFAX Group is positioning itself to respond proactively to industry changes and emerging opportunities across its diverse business portfolio.

Apapa Customs reports N2.93tn revenue in 2025

Nigeria Customs ServiceThe Nigeria Customs Service, Apapa Area Port Command, has stated that it collected a total of N2.93tn as revenue in 2025, representing an increase of N573.2bn compared to the N2.35tn collected in 2024, a 24.3 per cent growth.

“The command collected a total of N2.93tn as revenue in 2025, recording an impressive increase of N573.2bn when compared to N2.35tn collected in 2024, representing a 24.32 per cent growth. The performance reinforces Apapa Command’s position as the nation’s leading revenue hub,” the statement read in part.

The Customs Area Controller in charge of the command, Emmanuel Oshoba, attributed the achievement to effective leadership, disciplined manpower, and the strategic deployment of technology under the guidance of the Comptroller-General of Customs, Adewale Adeniyi.

He also commended compliant stakeholders whose lawful trade practices contributed significantly to the revenue growth.

“A major contributor to the success was the deployment of the Unified Customs Management System, also known as B’Odogwu, which enhanced transparency, efficiency, and accountability in cargo clearance processes. Regular performance reviews and timely revenue recovery measures further strengthened collections,” Oshoba stated.

According to Oshoba, in the area of trade facilitation, the command intensified stakeholder sensitisation following the rollout of the Authorised Economic Operator Programme and expanded the One-Stop Shop initiative to ensure faster processing and release of compliant cargoes.

“Efforts are also at an advanced stage to deploy the FS6000 cargo scanning system, a non-intrusive technology capable of scanning up to 200 containers per hour,” he added.

Oshoba highlighted that the command also recorded enforcement successes, intercepting 53 containers laden with illicit drugs and prohibited items, including cocaine, Canadian loud, tramadol, and expired pharmaceuticals with a duty paid value of N12.6bn.

He added that some of the interceptions in the year 2025 were handed over to relevant agencies such as the National Drug Law Enforcement Agency and the National Agency for Food and Drug Administration and Control for further investigation and possible prosecution.

Oshoba expressed optimism that the command would achieve greater revenue milestones in 2026, driven by deeper implementation of B’Odogwu, AEO, and OSS, stronger intelligence-led enforcement, and expanded collaboration with sister agencies.

He assured stakeholders of enhanced engagement with terminal operators, shipping companies, licensed customs agents, freight forwarders, haulage operators, and the media to promote transparency, compliance, and seamless trade at the nation’s busiest port.

Meanwhile, the Nigeria Customs Service, Seme Area Command, said that from January to December 2025, it collected a total of N15.5bn as revenue, marking a remarkable 117 per cent increase when compared with the N7.1bn collected by the command in 2024.

Announcing this in a statement on Wednesday, the Public Relations Officer of the command, Tunde Ayagbalo, stressed that the command recorded unprecedented revenue milestones in 2025, achieving its highest-ever monthly and annual revenue collections since inception.

Ayagbalo stated that in December 2025 alone, the command collected a historic N3.6bn, “the highest monthly revenue on record.”

He added that the record is attributed to the effective rollout of the One-Stop Shop Initiative by the Comptroller-General of Customs, Adewale Adeniyi, which improves the command’s coordination and trade facilitation for stakeholders.

“From January to December 2025, the command generated a total of N15.5bn only, showing a remarkable 117 per cent increase when compared to N7.1bn recorded in 2024,” Ayagbalo said.

The command’s PRO added that the command also maintained robust anti-smuggling operations, in December 2025, intercepting “685 parcels of cannabis sativa, 495 packs of tramadol, and 2,000 packs of Super Power sildenafil tablets, an excessively high-dosage sexual enhancement drug, through intelligence-led operations, enhanced patrols, risk profiling, and inter-agency collaboration.”

Ayagbalo reiterated that in alignment with the CGC’s directive, the Customs Area Controller in charge of Seme Command, Wale Adenuga, has successfully reduced checkpoints along the Lagos–Abidjan corridor to the two locations approved by the Federal Government, significantly easing legitimate trade, minimising delays, and contributing to the command’s outstanding revenue performance.

Speaking on the achievement, the CAC, Wale Adenuga, warned smugglers that the Seme borders are no longer safe for illicit activities.

“With advanced intelligence, technology, and unwavering vigilance, the officers and men of the command will intercept and prosecute offenders,” he warned.

Jigawa PDP chairmen pass vote of confidence in state leadership, former governor Lamido

The Peoples Democratic Party chairmen across the 27 Local Government Areas of Jigawa State have passed a vote of confidence and support in the leadership of the state chairman, Babandi Gumel, and former governor Sule Lamido.

Following ongoing leadership rifts within the party at the national level, with factions jostling for control and calling for changes in the party’s leadership, the chairmen of the party made their declaration and their position known.

Recall that the PDP Board of Trustees had on Friday announced the suspension of Lamido over allegations of anti-party activities and inflammatory statements during recent internal crises in the party.

The endorsement by the Jigawa chairmen is widely seen as a boost to his standing following the opposition the former governor and a national chieftain of PDP faced from some factions within the party.

The chairmen made their position known during a special meeting held at the party’s state secretariat in Dutse on Tuesday.

The Chairman of the Dutse Local Government Chapter and Forum Chairman, Sa’adu Barwa, while speaking on behalf of the chairmen of the party, explained that they remained firmly committed to the party and its leadership in the state.

He further explained that the PDP chairmen of Jigawa State, reaffirm their allegiance to the party and its leadership, assuring that they will not be swayed by the ongoing crisis within the party.

He urged party members to remain calm, united and focused, stressing that the success of the PDP will depend on collective effort.

The chairmen, according to Barwa, urged all PDP members to remain united and focused on the party’s goals, saying that they will overcome their challenges and emerge stronger.

The Chairman of Hadejia Local Government Area and Vice Chairman of the forum, Adamu Muhd, also described the declaration as a testament to the chairmen’s loyalty to the party.

According to him, “We are committed to working with the state chairman and our national leader to ensure the success of the PDP in Jigawa State.”

Muhd enjoined other party members to emulate the chairmen by standing to show loyalty and support with the party and its leadership, believing that unity was critical to the future of the PDP.

The PDP state chairman, Babandi Gumel, had earlier expressed appreciation to the chairmen for their support and pledged to continue steering the party towards electoral success in the state.

Represented at the meeting by his deputy, Umar Danjani, the chairman reaffirmed the loyalty demonstrated by the chairmen.

The chairman stated that the party appreciated the unwavering support of their chairmen, saying that they will continue to work tirelessly to ensure the success of the PDP in Jigawa State.

The meeting had in attendance prominent PDP stakeholders, including former lawmakers and party leaders, who also expressed support for the party’s leadership

Wike vs Fubara: Rivers crisis will consume APC – Austin Okai makes predictions

A Chieftain of the African Democratic Congress, ADC, Comrade Austin Okai has predicted that the rift between the Minister of the Federal Capital Territory, Nyesom Wike and the Rivers State Governor, Siminalayi Fubara will consume the ruling All Progressives Congress, APC.

Wike and Fubara resumed their face-off recently as the Minister vowed to frustrate the governor’s re-election bid.

Fubara, who is now a member of the ruling party, however, has the backing of some APC top leaders.

But Wike urged the party stalwart to steer clear of Rivers State politics, a comment that triggered war of words between him and national leadership of the ruling party.

Speaking during an interview on TVC News on Tuesday, Okai predicted that the crisis will escalate to other parts of the country.

He said, “Wike did not just attack the APC National Secretary, he attacked the NSA and all of them. For over a decade, the crisis of ruling parties usually starts from Rivers State.

“What you see happening in Rivers will consume APC except the president summons a political courage and call the FCT Minister to order. He has declared that his political survival depends on Rivers State and we don’t know the agreement between him and the president.

“Wike is talking tough even more than the APC National Chairman, NSA and the Chief of Staff to the President. Wike is talking more than the president himself”.

FCT seals orphanage over alleged child trafficking

The Federal Capital Territory Administration has sealed Divine Hope Orphanage and Less Privileged Home in Kagini over allegations of illegal child trafficking and other child welfare violations.

 

The Director of Child Development at the FCT Women Affairs Secretariat, Idris Attah, confirmed the action in an official statement issued on Monday. He said the facility was shut to allow for a thorough investigation into its activities.

 

According to the statement, the proprietress of the orphanage, Grace Ebele Chibuzor, allegedly fled with an unspecified number of children to an unknown location without notifying the Child Development Department of the FCT Women Affairs Secretariat.

 

“This is to inform FCT residents and the general public that Divine Hope Orphanage and Less Privileged Home, Kagini, Abuja, has been sealed with effect from Monday, January 5, 2026, pending the outcome of investigations into its activities concerning children,” the statement said.

 

Preliminary investigations have linked the orphanage to a recent case involving four siblings who were allegedly taken from Ado in Nasarawa State and moved to Gwagwalada in the FCT.

The children, Joefreey Kasal Asoja, 11, David Mtsewe Asoja, 7, Joy Elsan Asoja, 4, and Joseph Asoja, 2, were reunited with their biological parents on Monday.

 

Further findings also revealed an alleged connection between the orphanage and Anderson Archibong, the Executive Secretary of the National Council of Child Rights Advocates of Nigeria, who is currently at large.

 

Authorities suspect that this relationship may have facilitated the illegal movement of children from states such as Benue and Nasarawa into Abuja for unauthorised fostering and adoption.

 

Attah urged members of the public with useful information on the whereabouts of the missing children or suspects to report immediately to the nearest security agency.

INEC resumes nationwide voter registration

The Independent National Electoral Commission (INEC) has resumed the nationwide Continuous Voter Registration (CVR) exercise, marking the commencement of the second phase of the process.

The exercise resumed on Monday after the first phase ended on December 10, 2025. INEC had earlier opened online pre-registration on August 18, 2025, before commencing physical registration at centres nationwide on August 25, 2025.

According to the commission, 9,891,801 Nigerians began the online pre-registration during the first phase.
However, only 2,572,054 people completed their registration nationwide as of November 28, 2025. This figure comprises 1,503,832 online registrations and 1,068,222 registrations conducted physically at registration centres.

INEC explained that the interval between the two phases was used to carry out statutory activities, including the display of the voters’ register for public scrutiny.

“In line with Section 19 of the Electoral Act 2022, the voters’ register was displayed for claims and objections from December 15 to 21, 2025, at local government offices where the CVR was conducted,” the commission said.

IG deploys newly promoted DIG, 17 CPs

Inspector-General of Police, Kayode EgbetokunThe Inspector-General of Police, Olukayode Egbetokun, has approved the deployment of the newly promoted Deputy Inspector-General of Police, Mohammed Gumel, alongside 17 Commissioners of Police to strategic departments, commands and formations across the country.

A statement issued on Tuesday by the Force Public Relations Officer, Benjamin Hundeyin, said the deployment was aimed at strengthening operational capacity, enhancing leadership effectiveness and improving public safety nationwide.

According to the statement, DIG Gumel has been posted to head the Force Intelligence Department.

It added that Aina Adesola has been deployed to the Delta State Police Command, Umar Hajedia to the Kebbi State Police Command, and Iyamah Edobor to the Bayelsa State Police Command.

“Others include CP Osagie John Agans-Irabor as Commissioner of Police, Anti-Human Trafficking Unit, FCID Annex, Lagos; CP Johnson Babalola as Commissioner of Police, Special Enquiries Bureau, FCID, Abuja; CP Adepegba Adetoye as Commissioner of Police, Marine Unit, Force Headquarters, Abuja; CP Tabitha Bako as Deputy Commandant, Police College, Kaduna; CP Umar Fagge as Deputy Commandant, Police College, Ikeja; CP Audu Bosso as Commissioner of Police, General Investigation, FCID Annex, Kaduna; CP Edwin Ogbeghagha as Commissioner of Police, Community Policing, Force Headquarters, Abuja; and CP Arikpo Ikpi as Commissioner of Police, Investment Office, Department of Logistics and Supply, Force Headquarters, Abuja,” the statement said.

Others deployed include Cyril Obiozo as Commissioner of Police, Maritime Command, Lagos; Samuel Yerima as Coordinator of Courses, Police Staff College, Jos; Alhaji Danlandi as Commissioner of Police, X-Squad, FCID Annex, Kaduna; Richard Gara as Commissioner of Police, Inspectorate, Department of Training and Development, Force Headquarters; Lasisi A. Titilola as Commissioner of Police, Railway Command, Lagos; and Obuagbaka John as Commissioner of Police, Safer Highway, Department of Operations, Force Headquarters, Abuja.

Hundeyin said the Inspector-General urged the newly deployed officers to provide result-oriented leadership, uphold professionalism and integrity, and ensure strict adherence to the rule of law.

Among them were one Assistant Inspector-General of Police elevated to the rank of Deputy Inspector-General of Police, seven Commissioners of Police promoted to Assistant Inspectors-General of Police, and 13 Deputy Commissioners of Police promoted to substantive Commissioners of Police, among others.