AGUNLOYE’S ALLEGED $6B MAMBILLA PROJECT FRAUD : WITNESS AFFIRMS AUTHENTICITY OF PROSECUTION’S EXHIBIT. (PHOTO).#PRESS RELEASE

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Agunloye’s Alleged $6b Mambilla Project Fraud :  Witness Affirms Authenticity of Prosecution’s Exhibit The trial of the former Minister of Power, Olu Agunloye, continued on Thursday, June 18, 2026 before Justice Jude Onwuegbuzie of the Federal Capital Territory High Court, Apo, Abuja with the Sixth Prosecution Witness, PW6, Iliya John Iyakwari, denying under cross-examination by defence counsel, Adeola Adedipe, SAN, that there is an extract of the Federal Executive Council meeting of May 21, 2003, different from the  one, marked Exhibit EFCC 3K which he certified and was tendered in evidence by the prosecution. Agunloye is facing prosecution by the Economic and Financial Crimes Commission, EFCC on amended seven-count charge, bordering on official corruption and fraudulent award of Mambilla Power Project contract to the tune of $6billion (Six Billion United States Dollars) to Sunrise Power Transmission Company Limited. Further in the cross-examination, the defence counsel appli...
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POWER GENERATION INCREAEED BY 30% IN 2024- MINISTER . (PHOTO).

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 Power generation increased by 30% in 2024 – Minister


Minister of Power Adebayo Adelabu has said that power generation in Nigeria increased by about 30 per cent in 2024.

Adelabu made the disclosure during his ministry’s 2025 budget defence before the Senate Committee on Power at the National Assembly complex.

He said that when he assumed the leadership of the ministry in 2023, he met an average of 4,100 megawatts of power generation.

“I can tell you authoritatively that by the end of 2024, we had a peak generation of 5,528 megawatts of power from 4,100 megawatts that we met on ground.

“And the reason for this is not far-fetched.

We added a new hydroelectric power dam, Zungeru, with 700 megawatts.

“There was also a tremendous increase in the generation lines by other existing generation companies,” he said.

The minister said that the target for power generation was 6,000 megawatts, adding, however, that due to the challenges experienced toward the end of 2024 in terms of grid collapses, the ministry missed the target by minimal margin.

He further said that apart from energy access expansion, the sector had plans to stabilise the grid and other transmission infrastructure.

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