Engr. Afolabi Adewunmi @spurprotocol

$FAR
CEO, DAMOB &Co. Ventures: An Estate Consultant, manager, buying and selling of properties in any part of the country Nigeria, expert in printings of public

[Ayekooto @DeeOneAyekooto]

NUMBER OF GOVERNORS

APC……31
APGA……1
LP…………1
Accord…..1
ADC……….0
NDC………..0
PDP………..0.5
APM……….1.5

Total= 36

[Toyin Balogun @Toyinbalogun71]

Kosofe deserves purposeful representation, grassroots development, and a leadership that truly understands the people.
Together, we can redefine governance and build a greater Kosofe for all.
Support Toyin Wasiu Balogun (TWB2027) for Lagos State House of Assembly,

[Tutu @Tutubillions]

Kosofe deserves purposeful representation, grassroots development, and a leadership that truly understands the people.
Together, we can redefine governance and build a greater Kosofe for all.
Support Toyin Wasiu Balogun (TWB2027) for Lagos State House of Assembly,

[Obasanjo @cent_haysmall]

Retweet if Bola Tinubu is your mentor.

[Engr. Afolabi Adewunmi @spurprotocol @AdewunmiW]

@mamatii001 Most arrogant and useless journalist in the world

[Engr. Afolabi Adewunmi @spurprotocol @AdewunmiW]

@confindence24 God bless Nigeria

[ARISE NEWS @ARISEtv]

TINUBU RETURNS TO LAGOS AFTER UK VISIT

President Bola Tinubu has returned to Nigeria after a two-day state visit to the United Kingdom.

He arrived in Lagos alongside the First Lady, where he is expected to spend the Sallah break.

The President was received at the airport by senior government officials, including his Chief of Staff, Femi Gbajabiamila, with applause from those gathered to welcome him.

During the visit, his engagements included talks with King Charles the Third and Prime Minister Keir Starmer, as part of efforts to strengthen diplomatic and economic ties between Nigeria and the UK. He also witnessed the signing of a £746 million financing agreement to modernise key ports in Lagos State

[Ishaq Samaila @ishaqsamaila5]

Tinubu departs London after historic state visit

PRESIDENT Bola Tinubu on Thursday night departed London after a two-day historic visit at the instance of the royal family.

[Imran Muhammad @Imranmuhdz]

HERE WE GO!!!

[Mal. Imran U. Wakili (PULLO) 👑 #iSTANDWITHELRUFAI @IU_Wakilii]

Would you vote again for PBAT ?

RT – YES
LIKE - NO

[Engr. Afolabi Adewunmi @spurprotocol @AdewunmiW]

@jrnaib2 Dey play

[Engr. Afolabi Adewunmi @spurprotocol @AdewunmiW]

@CrownprinceCom2 Awon were

[Engr. Afolabi Adewunmi @spurprotocol @AdewunmiW]

@EmirSirdam Open your eyes wide you see, God will not allow you to see it

[Ayekooto @DeeOneAyekooto]

Nigeria settles N501 billion power debts as Tinubu tackles decade-old crises

Nigeria raised N501 billion in its first bond sale dedicated to clearing power sector debts, achieving full subscription as President Bola Tinubu’s administration moves to address payment arrears that have choked electricity generation for over a decade.

The inaugural tranche under the Presidential Power Sector Debt Reduction Programme closed Tuesday with participation from pension funds, banks and asset managers, according to Olu Arowolo Verheijen, special adviser to the President on Energy. The issuance comprised N300 billion from capital markets and N201 billion in bonds allocated directly to power generation companies.

The program targets 14 power plants operated by five generation companies owed for electricity supplied between February 2015 and March 2025. Total negotiated settlements stand at 827.16 billion naira, payable in four instalments, with the first bond proceeds funding approximately 50 percent of obligations through a combination of cash and notes.

“Capital formation can only come when there is confidence, when you can truly see a line of sight in recovering investments previously made,” said Kola Adesina, group managing director of Sahara Power Group, which operates five plants, including the 1,320-megawatt Egbin facility. “Once this process is over, construction will commence immediately on the second phase of our Egbin Power Plant.”

The settlement covers First Independent Power Limited, Geregu Power Plc, Ibom Power Company Limited, Mabon Limited and Niger Delta Power Holding Company Limited, representing 4,483.60 megawatts per hour of generation capacity. The companies have executed agreements with Nigerian Bulk Electricity Trading Plc, the state-owned bulk purchaser that accumulated the debts.

Nigeria’s chronic power shortages have constrained economic growth in Africa’s most populous nation, where blackouts remain routine despite gas reserves that rank among the continent’s largest. Generation companies, starved of payments, have struggled to maintain equipment and fuel supplies, creating a vicious cycle of unreliable output and mounting debts.

The Tinubu administration, which took office in May 2023, has prioritised electricity reform alongside controversial subsidy removals. The debt program represents the most concrete effort yet to restore financial viability to a sector where payment discipline collapsed under previous governments.

CardinalStone Partners Limited served as lead financial adviser and issuing house for the transaction, working with NBET as sponsor. The Debt Management Office, Central Bank of Nigeria, National Pensions Commission and Nigerian Revenue Service supported the issuance.

Series 1 proceeds will fund the first and second installment payments to participating companies, estimated at N421.42 billion . The program ultimately aims to finalise settlement for 290,644.84 gigawatt hours of electricity billed over the past decade, impacting service to 12.03 million registered customers.

“The Federal Government reaffirms its commitment to disciplined implementation of the Programme,” Verheijen said at Tuesday’s signing ceremony in Lagos. “We look forward to the participation of other power generation companies, as part of our broader reforms aimed at building a financially sustainable electricity market.”

The bond structure provides a market-based mechanism for debt resolution while imposing fiscal discipline through validated claims and transparent financing. By clearing historic arrears, authorities expect improved liquidity for generation companies, enabling them to meet operating obligations and attract new investment.....(1/2)

[Àgbà Akin @Kynsofficial]

If you delete Iku pa e😂😂😂.

Supporter of drug lord calling other people drug lord

[SyntaxVerse @SyntaxVerse]

DAILY QUIZ ANSWER

📆 Date: 27th January 2026
📚 Topic: Layer 2 Rollups

🗝 Hint: Faster transactions, secured by Layer 1.

Got the answer❓💭
Don’t keep it to yourself, drop it in the comments and help someone out!

Let’s turn learning into a team sport. 🤝

#Syntaxquiz #SyntaxVersequiz #Web3 #Quiz

[GemCircle @GemCircleApp]

Precision pays better than hope. 🎯✨

The haul is inevitable when the strategy is surgical.

Cheers, legends. ⛏️🥂

#Gemcircle #MiningElite

[SyntaxVerse @SyntaxVerse]

DAILY QUIZ ANSWER

📆 Date: 11th January 2026
📚 Topic: Rebase Tokens

🗝 Hint: Supply moves, not price.

Got the answer❓💭
Don’t keep it to yourself, drop it in the comments and help someone out!

Let’s turn learning into a team sport. 🤝

#Syntaxquiz #SyntaxVersequiz #Web3 #Quiz

[GemCircle @GemCircleApp]

Gem Circle is a next-generation crypto platform designed for everyone. Whether you're new to decentralize world or a daily user, enjoy a fun and interactive way to unlock token rewards, level up your skills, and engage with exciting decentralized experiences.

[Engr. Afolabi Adewunmi @spurprotocol @AdewunmiW]

@Wisdom_HQ Mileage