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SATURDAY 22TH AUGUST 2026

Page 1

Yari Blames Otedola, Akinfemiwa for Geregu N40bn Bond Default, Assures Investors

Demands ‘fair treatment or reimbursement of funds’ Yusuf: Escrow fund meant for repayment allegedly utilised before ownership change

Emmanuel Addeh in Abuja and Sunday Ehigiator in Lagos

The Chairman of the Board

of Directors of Geregu Power Plc, Senator Abdulaziz Yari,

has attributed the company’s Continued on page 5

Yari

Otedola

Akinfenwa

Kwara APC Crisis Deepens as Mustapha Dumps Party, Picks PDP Ticket...

Page 8

Saturday August 22, 2026 Vol 31. No 11458

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Obi Challenges Presidential Rivals to Face Nigerians, Defend Records...

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Atiku’s Subsidy Proposal Sparks Pro-poor Storm Ahead of 2027 ADC presidential candidate fires back at Tinubu: You removed subsidy, retained the racket, handed Nigerians the bill

Chuks Okocha in Abuja, Dike Onwuamaeze, Sunday Ehigiator and Peter Uzoho in

Lagos

The debate over petrol subsidy

removal has erupted into a propoor storm of ideas ahead of the 2027 presidential election, with

former Vice President and the African Democratic Congress (ADC) presidential candidate,

Atiku Abubakar defending a targeted subsidy intervention to ease the burden of high fuel and

living costs, while economists and Continued on page 5

ICPC Uncovers Another Fake Agency, Tinubu Orders Arrest, Suspension of 3 Perm Secs Nwabueze for arrest, Danjuma, Gagare, Pheelangwah suspended Fake entity secured office inside SGF complex without presidential approval ICPC links discovery to probe of fictitious PFIPC President directs wider audit of MDAs, internal govt processes

Deji Elumoye in Abuja President Bola Tinubu has ordered the immediate arrest of the promoter of another purported fake government agency and the suspension of three federal Permanent Secretaries following fresh findings by the Independent Corrupt Practices and Other

Related Offences Commission (ICPC). The ICPC Chairman, Dr Musa Adamu Aliyu, disclosed this to journalists in Abuja yesterday after briefing Tinubu on the commission’s latest findings. Aliyu identified the three Continued on page 5

CHANGE OF BATON AT HEAD OF SERVICE...

L–R: Outgoing Head of Service, Mrs. Didi Esther; Walson Jack; President Bola Tinubu, and Incoming Head of Service, Mr. Abel Olumuyiwa Enitan, after a meeting with the President at the Presidential Villa Abuja… yesterday PHOTO: GODWIN OMOIGUI

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SATURDAY 22TH AUGUST 2026 by THISDAY Newspapers Ltd - Issuu