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Obasanjo Accuses Jonathan, Others of Destroying Power Sector

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Former President Olusegun Obasanjo
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Chief Olusegun Obasanjo, former president has returned a damning indictment on his successors who he blamed for the rot in the power sector.

Obasanjo, after his second coming as a civilian president, handed over to the late former President Umaru Yar’Adua in 2007 while President Goodluck Jonathan assumed office after the death of Yar’Adua in May, 2010 and later won the presidential elections of 2011.

The former president, said that his successors abandoned the  power sector which he claimed that he took steps to ensure stable power supply across the country when he was military Head of State and also when he returned to government in 1999 as elected civilian president but that his successors usually abandoned the sector as soon as he left office.

He said that the country needed to generate 2,000 megawatts every year for the citizens to enjoy stable electricity.

Obasanjo said this during a programme tagged, “First  Green Legacy Moment with Chief Olusegun Obasanjo on Leadership and Human Security in Africa,” held at the Olusegun Obasanjo Presidential Library Complex in Abeokuta.

Noting that lack of political will on the part of Nigerian leaders was part of the  problems facing the country, he warned that the nation’s power sector should not be handed over to friends under the guise of privatisation. According to him, “part of our problems is lack of political will on the part of the leaders. What does a leader understand about development? Any leader worth his salt should know that power is very important. It is the driver of all development – be it social, economic and even political.”

“When I was military Head of State, I developed the Jebba Dam, I developed Shirroro, I started Egbin. Shagari came and completed Egbin and commissioned Jebba and Shirroro. Between Shagari in 1983, and until I came back in 1999, there was no single dime invested in power generation. If anything, the ones that were there were allowed to go down.

“A country like Nigeria must be adding nothing less than 2000 mega watts if we are to be moving on the path of development. If you will remember,  when I came back in 1999, my first Minister of Power was late Bola Ige. I won’t say Bola didn’t know what he was doing and he said publicly that he would fix the power problems in six  months.

“After one year, Bola with his capacity couldn’t fathom what was wrong with power. It was riddled with corruption. Then we had no money, people have forgotten that in 1999/2000, the price of crude oil was $9 per barrel.

“When we started having money, we started the National Integrated Power Plant. When we said the money we had should be invested in power, my successor didn’t understand, he stopped it. If for almost 20 years we did not achieve anything in power generation, then we may not be able to get it again.

“Let me give you an example: the population of South Africa  is 55 million and they generate 45,000 megga watts. Our population today is about 180 million people and we could not generate 4,000 megga watts. And South Africa is an industrialising country and not an industrialised nation.

“For us to say we are an industrialising country, we must be generating much more than what South Africa is generating, say 100,000 megga watts. What year will Nigeria get there if we are adding 2,000 megga watts each year? For us to get to 100,000 megga watts, I leave the mathematics to you. It sounds very discouraging but that is the reality.

“I believe that what we have done in  the area of telecommunications can be achieved in the area of power but not by privatising the power sector to our friends and families,” he said.

On the problems facing African,  Obasanjo said the continent which was blessed with resources and human capital had failed to utilise them.

“What we want to know is that we have the capacity, the material resources, the military resources to achieve greatness in Africa.

“I will give you two or three illustrations: what we need to achieve is the political will. When I became president of Nigeria, strictly speaking by  what we are doing and what we have, we may be regarded as not deserving debt relief, but I believed we needed debt relief.

“I went all out for it as at that time. Nigeria was number six in oil production in the world but I knew what the world wanted.

“They wanted a reform that Nigeria is serious that the country will not be going in terms of business as usual and we went for it and we got it. The debt relief saved us over $20 billion. We paid only $12 billion and the rest was given as relief.

“What we are saying about African solutions to African problems is that let Africa spearhead its problems and others come to her rescue later. Let the solution be ours and they adopt it. That is what we did with NEPAD. NEPAD was a complete African homegrown and when we went to Canada, the G-8 said they supported it and said it was a good thing.

“What we need is first, the political will. Secondly, we need the resources that will make impact and we’ll ask the rest of the world to join us. We should be the architects of our own fortune and let others join us,” Obasanjo said.


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Nnaji, Former Minister Seeks Out-of-court Settlement over Certificate Forgery Allegations

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Nnaji, Former Minister Seeks Out-of-court Settlement over Certificate Forgery Allegations

Uche Nnaji

Uche Nnaji, former minister of Science, Innovation and Technology, has indicated interest to settle out of court with the University of Nigeria, Nsukka, and other parties in a certificate forgery dispute.

This was disclosed on Monday during proceedings before Justice Hauwa Yilwa of the Federal High Court Abuja, where the suit came up for hearing of pending applications.

Nnaji had approached the court in October 2025, following an investigation by Premium Times, alleging that the minister had forged his first degree and National Youth Service Corps certificates.

The report further faulted the minister for submitting the forged documents to President Bola Tinubu and the Senate during his ministerial screening.

Nnaji had subsequently resigned his position as minister following widespread controversy, stating that he did not want the issue to become a distraction from the activities of the administration.

The case has, however, stalled at the courts since it was instituted, due to procedural setbacks including issues relating to the service of court processes and multiple preliminary objections filed by the defendants.

When the matter was called on Monday, Ope Muritala, counsel to Nnaji,  informed the court that although the case was slated for a hearing of pending applications, there was a fresh development, adding that parties were exploring an amicable resolution, requesting an adjournment to enable negotiations to continue.

“There is a new development as parties are exploring an out-of-court settlement,” he told the court.

P.C. Ike and N.H. Obah, lawyers representing the first (Minister of Education) and second (National Universities Commission) defendants, told the court they were not previously aware of the settlement discussions until they arrived at the court, but did not oppose the request for an adjournment to allow the talks to proceed.

Meanwhile, counsel to the third to seventh defendants, including the UNN and its principal officers, Chidubem Ugwueze, however, confirmed that the move towards settlement had been communicated earlier.

He told the court that a Senior Advocate of Nigeria, Chris Uche, who is leading the defence team, had informed him of the development.

According to him, the information originated from another Senior Advocate, Wole Olanipekun, representing Nnaji.

Although he did not object to the proposed settlement, Ugwueze urged the court to proceed with hearing the defendants’ pending motion for regularisation in the event that settlement talks collapse.

However, Justice Yilwa declined the request, stating that it would be more appropriate to consider such applications only if the out-of-court resolution efforts fail.

In view of the parties’ disposition, the court adjourned the matter to July 8, 2026, for report of settlement or continuation of proceedings.


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Nomination Opens for Consumers Value Awards

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In a bold step to deepen consumer voice and accountability across both private and public sectors, BrandXchange the organisers of the Consumers Value Awards have announced the official launch of the 5th edition with a groundbreaking theme: “Beyond Satisfaction: Redefining Consumer Value in a New Economy.”

Scheduled to hold on 23rd September 2026, this year’s edition introduces a Consumer & Citizen Value Scorecard, a nationwide voting platform that places the power of evaluation directly in the hands of consumers. Nigerians can nominate their brands through this link: https://consumervalue.vercel.app/nominate

Speaking on the theme, the Convener, Akonte Ekine, noted that the concept of consumer satisfaction is no longer sufficient in today’s economic climate.

“For too long, satisfaction has been the benchmark. But in reality, many consumers who are ‘satisfied’ still feel overcharged, underserved, or unheard. This year, we are going beyond satisfaction to focus on what truly matters—real value. Value in pricing, value in service, and value in trust,” he said.

He further explained that the introduction of the Consumer & Citizen Value Scorecard marks a significant evolution of the Awards into a data-driven, people-powered evaluation system.

“Through this Scorecard, Consumers will not just vote—they will assess. They will tell us which brands deliver fair value and which public institutions are truly serving the people. This is about giving consumers and citizens a structured voice that drives recognition and accountability,” Ekine added.

Unlike traditional award systems driven by panels or jury decisions, the Consumers Value Awards remain strictly based on consumer voting, ensuring that winners emerge from real-life experiences and public perception.

The 2026 edition expands its scope to include public sector institutions, reinforcing the idea that citizens are not only customers of brands but also consumers of government services.

“From banking halls to public hospitals, from telecom services to regulatory agencies, Nigerians interact with systems every day. This initiative ensures that both brands and institutions are held to the same standard—delivering value in a challenging economy,” he stated.

The voting process will measure key indicators such as:

  • Value for money
  • Trust and transparency
  • Service delivery quality
  • Responsiveness to consumer needs
  • Accessibility and inclusiveness

Insights from the voting process will culminate in a Consumer & Citizen Value Index, offering one of the most comprehensive snapshots of consumer sentiment.

The organisers believe the initiative will not only celebrate excellence but also drive improved performance, strengthen consumer trust, and encourage responsible service delivery across sectors.

Voting is expected to commence in June 2026, with nominations open to the general public via www.consumersvalueawards.com.


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IHS Nigeria, Ilorin Innovation Hub Showcase 19 High Growth Startups

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IHS Nigeria, part of the IHS Holding Limited (NYSE: IHS) (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has partnered with the Ilorin Innovation Hub to host the maiden edition of its Demo Day at the state-of-the-art facility in Ilorin, Kwara State.

The event, themed “The Convergence,” is designed to spotlight 19 emerging startups that have participated in the Hub’s accelerator and incubation programs, and invite them to pitch their solutions to investors, venture capital funds, corporate partners, and the media.

The Ilorin Innovation Hub, a partnership between the Kwara State Government and IHS Nigeria, began operations in February 2025 with programs managed by Co-creation Hub and Future Africa.

The Demo Day presents an opportunity to take stock and assess how the Ilorin Innovation Hub is helping to nurture and bring to life groundbreaking ideas and solutions supporting economic resilience and addressing real-world societal challenges. The event is expected to help unlock funding opportunities, foster strategic collaborations, and amplify visibility for these startups that are developing solutions across critical sectors including agriculture, health-tech, green energy, lifestyle, and digital services.

Beyond the startup showcase, the Demo Day highlights Kwara State’s continued commitment to driving digital innovation and entrepreneurship, and IHS Nigeria’s commitment to bridging the digital divide and deepening the digital economy in Nigeria.

Mohamad Darwish, CEO, IHS Nigeria, commented, “We believe innovation and digital technology are powerful drivers of economic growth and sustainable development. This is why we partnered with the Kwara State Government on the Ilorin Innovation Hub. It is impressive and very fulfilling to see the diverse portfolio of ideas and solutions showcased today from the hub within a year of the commencement of operations.

This speaks to the depth of creativity among Nigerians and what is possible when they are equipped and supported. Today’s event makes me proud of our investment in the space and underscores IHS Nigeria’s continued commitment to supporting technology, entrepreneurship, and digital innovation in Nigeria.”

Temi Kolawole, Managing Director, Ilorin Innovation Hub, commented, “Today, we showcase 19 startups that have shown that when you combine talent with the right support, the results speak for themselves. The Ilorin Innovation Hub exists to ensure that geography is never a barrier to building something extraordinary, and this Demo Day is proof that we are on the right track.”


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