Ikoments

  Nigeria’s power sector has once again taken centre stage in national discourse after the Federal Government approved a ₦3.3 trillion payment plan to settle long‑standing legacy debts crippling electricity generation, gas supply, and distribution across the country. The development — announced in April 2026 — has sparked fresh debate among journalists, economists, and civil society commentators about transparency, accountability, and the real impact of such interventions on Nigerians’ daily lives. What Is the ₦3.3 Trillion Debt Plan? President Bola Ahmed Tinubu has officially approved a ₦3.3 trillion debt settlement plan under the Presidential Power Sector Financial Reforms Programme to clear long‑standing debts that have burdened Nigeria’s power value chain for over a decade. According to the Presidency, the liabilities accumulated between February 2015 and March 2025 , and the approved payment is considered a “full and final settlement” of verified legacy debts. Implement...

  A fresh political controversy has emerged in Nigeria following comments by Peter Obi questioning the legacy of leaders linked to the NADECO movement. His remarks, which appeared to compare present democratic leadership with past military rule, have sparked intense reactions across political and public spaces. ⚖️According to reports, Obi suggested that some individuals who once fought against military dictatorship have not lived up to expectations in democratic governance The statement was interpreted by critics as drawing a comparison between current leadership and the era of Sani Abacha .  REACTIONS The comments triggered strong pushback from political figures and analysts. Critics argued that: The Abacha era was marked by repression and human rights violations Comparing democratic governance to military rule undermines historical struggles NADECO members risked their lives to restore democracy 📚 CONTEXT  The National Democratic Coalition (NADEC...

  Peter Obi Raises Alarm Over What May Be Nigeria's Most Dangerous Electoral Amendment Yet In a country where accountability has long been a struggle, a new proposed change to Nigeria's electoral laws may represent one of the most brazen reversals of democratic values yet — and former presidential candidate Peter Obi is not staying silent about it. In a statement released on Friday, Obi drew attention to a contradiction so glaring that it is difficult to believe it is accidental. Nigerian lawmakers are currently proposing a ₦10 million fine and up to two years imprisonment for anyone found to be a member of two political parties simultaneously. At the same time, those same lawmakers have moved to remove certificate forgery, age falsification, and false declarations as valid grounds for challenging election results at tribunals. Read that again slowly. Jail time for changing your party. But no consequences for forging your way into public office. What Exactly Is Being Pro...

  🏡 Land for Sale · Uyo 400SQM Fenced Land For Sale in Uyo — ₦6.5 Million 📍 Off Idoro Road, Uyo 📐 400 SQM ✅ Fully Fenced 🏢 CH Homes & Properties Asking Price ₦6,500,000 💼 Negotiable for serious buyers  |  ⚡ Act fast — won't last long Are you looking for an affordable piece of land in one of Uyo's most accessible and fast-developing corridors? This 400SQM fully fenced plot on Idoro Road is your opportunity to build your dream home or lock in a smart real estate investment — right now, at a price that won't stay this low for long. Property Details 📍 Location Off Idoro Road, before former Julius Berger Yard, Uyo 📐 Land Size Estimated 400 SQM 💰 Price ₦6,5...

  Real estate investors and home buyers looking for affordable opportunities in Uyo may find this offer particularly interesting. A partially completed block of flats located at Nung Oku Junction has been listed for sale at a distress price of ₦15 million , presenting a potential opportunity for investors seeking rental income or long-term property appreciation. The property is marketed by CH Homes & Properties , a real estate firm operating within Akwa Ibom State. Property Overview The property sits on approximately 350 square meters of land and consists of three residential units , designed to accommodate multiple tenants. Units available on the property include: Two units of 2-bedroom flats One unit of a 1-bedroom flat Because the building already contains multiple residential units, it presents a potential income-generating opportunity once completed and rented out. Current Construction Status The building is estimated to be about 60% completed , meaning most of the str...

5-Bedroom Duplex for Sale Near Calabar–Itu Highway, Urua Ekpa Junction — ₦57M 🏠 Property Listing This ₦57 Million Duplex on Calabar–Itu Highway Might Be the Best Deal in Akwa Ibom Right Now 📍 Urua Ekpa Junction, Calabar–Itu Highway 🗓 March 2026 ✍ CH Homes & Properties A Rare Opportunity in One of the Region's Fastest-Growing Corridors If you have been searching for a substantial family home or a high-value real estate investment along one of Akwa Ibom and Cross River's most strategic road corridors, your search may just be over. CH Homes & Properties is proud to present this impressive 5-bedroom luxury duplex currently under construction, sitting right on the Calabar–Itu Highway up to Urua Ekpa Junction — and it is available for just ₦57 million. This is not just a house. It is a statement — a carefully designed, spacious ...