PRESIDENT TINUBU RECONSTITUTES THE BOARD OF THE NIGERIAN ELECTRICITY REGULATORY COMMISSION. (PHOTO). #PRESS RELEASE

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 STATEHOUSE PRESS RELEASE   President Tinubu Reconstitutes the Board of the Nigerian Electricity Regulatory Commission   President Bola Ahmed Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following the Senate's confirmation of its members on December 16.   Members of the reconstituted Board are:   • Mulisiu Olalekan Oseni, PhD. — Chairman   Dr Oseni started his service as a Commissioner in January 2017. He was subsequently appointed Vice Chairman of the Commission.   His appointment as Chairman took effect from 1 December 2025 and shall subsist until the completion of his ten-year tenure at the Commission, in accordance with the provisions of the Electricity Act, 2023.   • Yusuf Ali, PhD. — Vice Chairman   Dr Ali was first appointed as a Commissioner in February 2022. His designation as Vice Chairman took effect on 1 December 2025 and shall remain in effect until the completion o...
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EDO COMMITTEE UNCOVERS N8BN TO N16BN INFLATION IN ROAD PROJECT CONTRACT. (PHOTO).

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 Edo Committee Uncovers N8bn to N16bn Inflation in Road Project Contract

The Edo State Assets Verification Committee has revealed that the contract for the reconstruction of the Benin-Abraka Road was inflated from N8 billion to N16.4 billion within a year under the administration of former Governor Godwin Obaseki. 


The 17.5-kilometer project, initially awarded in May 2023 to Nsik Engineering Company, was subjected to multiple reviews, with the cost rising by 100% without any change in project specifications. The committee, which investigated based on a public petition, suspects the inflation was linked to funding for the September 2024 governorship election. The committee has called for further investigation into the matter.

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