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Geregu Power Plc: Why Yari’s board appointment does not excite us -Northern group

Published

4 months ago

January 17, 2026

By Comfort Olayinka

As reactions continue to trail the appointment of Senator Abdulaziz Yari as the new Chairman of the Board, Geregu Power Plc; a northern group has dropped a bombshell while lending its voice to the public debate.

The group, ‘Mai Kare Talakawa’ (MKT), majorly based in Sokoto, north western state, said it would rather stand for the interest of the people, especially the downtrodden, instead of joining the bandwagon of praise singers of those who unite to enrich themselves.

In a statement signed on Friday by the Spokesperson, Mallam Yusuf Mohammed, the group queried the way and manner Senator Yari became stupendously rich, amassing enormous wealth for himself, since presiding over the common wealth of Zamfara, a leading poorest state in north west.

According to the group, Senator Yari, aside been a Commissioner, two term Governor and currently, a Senator from Zamfara State, has no known strong business base, apart from the MA’AM Energy and the mining activities he has severally being linked to; saying, “such undue accumulation of wealth at the expense of the masses contradicts Islamic teachings, and any genuine Muslim must stand to uphold this tenent”.

“For just being a public officer from a poor state like Zamfara State, he was able to amass so much wealth for that kind of acquisition. But left our youth with no jobs for 8 years as Governor, thereby exposing the citizens of Zamfara State to poverty and youth restlessness which is the insecurity in Zamfara State today”, the group said.

Aside the issue of conflict of interest in oversight functions as a serving Senator, Mohammed described the acquisition of controlling shares in Geregu as “outlandish”, adding that, “Senator Yari using over one trillion naira (N1tr) to buy Geregu Power shares has no direct benefit for the common people on the street of Zamfara, but will further impoverish the people and aggravate insecurity, due to ongoing activities of illegal miners”.

“When we thought his ongoing trials at the EFCC, ICPC and DSS would help the people recover the funds and assets linked to him as Governor, and help stop the activities of illegal miners, which many reports said largely gave rise to banditry; we read in the news again that, the man who should be refunding some funds and forfeiting assets, for onward recovery and injection into Zamfara State purse, was buying a power plant with over one trillion naira. This is ridiculous, outlandish and preposterous.

“Zamfara State is rated as the 3rd poorest state in Nigeria. A report in 2024 listed Zamfara with 82.70% multidimensional poverty, making it the third most multidimensionally poor state after Sokoto and Jigawa. This was a man who was just a Commissioner and then became a Governor, but now suddenly richer than the State, while the people languish in poverty and struggle with high rate insecurity. Why will Allah be happy with such a soul?

“Every mankind has a date with Allah and His judgement is more truthful than human judgement. Allah’s verdicts supercedes court of law, or law enforcement agencies, the prayers of Zamfara people and the neighboring states which equally suffer same fate with Zamfara shall be heard by the Almighty Allah”, the statement added.

The group further advised Senator Yari and other Northern elites, to carefully listen to the interview of the popular Islamic Scholar, Sheikh Ahmad Abubakar Gumi on TRUST TV few days ago, where he condemned those offering big money to footballers and spending lavishly on unnecessary things, whereas, the number of Almajiris and out of school children keep on increasing, thereby giving rise to insecurity in the north.

It would be recalled that, Geregu Power Plc, located in Ajaokuta, Kogi State, appointed Senator Yari as chairman of its board of directors, following the resignation of the business billionaire, Femi Otedola, penultimate Monday, as announced on the Nigerian Exchange (NGX).

The acquisition has since elicited public criticism, owing to the status of the new Chairman of board and controversies surrounding his tenure as Governor of Zamfara State and his constant dates with Nigeria security and law enforcement agencies, relating to “corruption”, “illegal mining business” and “insecurity” in the state.

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FG Commits To National Development With Major Contract Agreements — Umahi

Published

14 hours ago

May 14, 2026

The Gleamer

Joel Ajayi

The Federal Government, through the Federal Ministry of Works, has again signed landmark contract agreements with four (4) construction firms to execute critical road projects across the country, in line with the Renewed Hope Agenda of the administration of President Bola Ahmed Tinubu, GCFR. The contract signing ceremony, held on Thursday at the Ministry’s Headquarters in Mabushi, Abuja, marks another major step in the Federal Government’s commitment to delivering durable, sustainable road infrastructure that enhances connectivity, stimulates economic growth, and improves the quality of life of Nigerians.

The four contractors and their respective projects are as follows:

1. Messrs J. Patel and Sons Nigeria Limited – Reconstruction of Mando (Kaduna) – Birnin Gwari Road in Kaduna State,

2. Messrs JRB Construction Company Limited – Dualisation of Ibadan–Ijebu Ode Road in Oyo and Ogun States,

3. Messrs Truecrete Solutions Limited – Construction of Osogbo–Ikirun–Akoda Road in Osun State and

4. Messrs Peculiar Ultimate Concerns Limited – Construction of Osogbo–Iwo–Ibadan Road in Osun and Oyo States.

Speaking during the event, the Honourable Minister of Works, Engr. David Umahi, CON, FNSE, FNATE, described the projects as strategic national infrastructure designed to boost economic activities, improve transportation efficiency, and strengthen national integration. He noted that the reconstruction of the Mando (Kaduna) –Birnin Gwari Road in Kaduna State holds special significance, as it was one of the key infrastructure development commitments made by His Excellency, President Tinubu during the 2022/2023 electioneering campaigns. According to the Minister, the present administration remains resolute in its determination to deliver world-class infrastructure that will stand the test of time. “Our vision is to build roads that will last for generations. Under the Renewed Hope administration, we are determined to deliver infrastructure that can serve Nigerians for up to 100 years through the adoption of rigid pavement (concrete) technology,” Umahi stated.

The Minister commended the selected contractors for their competence, track records, and proven capacity, emphasising the Federal Government’s confidence in indigenous contractors. He particularly praised Messrs JRB Construction Company Limited, Truecrete Solutions Limited, and other indigenous firms for their commendable performances on previous projects across the country.

Umahi charged all contractors to mobilise to their respective project sites immediately and commence work without delay, stressing that the Ministry expects measurable progress within the stipulated timelines.

Earlier in his remarks, the Permanent Secretary, Mr. Rafiu Olarinre Adeladan, who formally signed the contract agreements, described the occasion as the successful completion of the procurement process and the official commencement of project implementation.

He commended the leadership of the Ministry for its commitment to ensuring that projects reached the execution stage and reaffirmed the Ministry’s dedication to effective monitoring, quality assurance, and timely delivery.

Also speaking, the Director of Highways, Construction and Rehabilitation, Mr. Clement Ogbuagu, presented details of the awarded contracts as follows:

1. Reconstruction of Mando–Birnin Gwari Road, Kaduna State

Contractor: Messrs J. Patel and Sons Nigeria Limited

Contract Sum: ₦178,116,787,162.00

Length: 122 Kilometres

2. Dualisation of Ibadan–Ijebu Ode Road, Oyo and Ogun States

Contractor: JRB Construction Company Limited,

Contract Sum: ₦295,996,609,992.77

Length: 114.5 Kilometres (Single Carriageway Equivalent)

3. Construction of Osogbo–Ikirun–Akoda Road, Osun State

Contractor: Truecrete Solutions Limited

Contract Sum: ₦101,806,585,825.90

Length: 70 Kilometres (Single Carriageway Equivalent) and

4. Construction of Osogbo–Iwo–Ibadan Road, Osun State

Contractor: Peculiar Ultimate Concerns Limited

Contract Sum: ₦114,854,477,607.93

Length: 73 Kilometres

All the projects will be executed using Continuously Reinforced Concrete Pavement (CRCP) technology, in line with the Federal Government’s commitment to building durable, cost-effective, and sustainable road infrastructure nationwide.

The ceremony represents another significant milestone in the Federal Government’s drive to modernise Nigeria’s road network and accelerate national economic development.

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