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Who wants the power reforms to fail?

SO I was having a discussion with a friend about the power sector reforms and predictably, we came very quickly to the issue of the tariff review. It took me a very long while to lay out for him facts about the industry that disproved his assumption that the DisCos ‘who were already making so much money, were asking customers to pay more’.

Alleged N1trn fraud: Court stops Senate, IGP from arresting Lamorde

Abuja Division of the Federal High Court has restrained the Senate and the Inspector-General of Police, Mr. Solomon Arase, from arresting the former Chairman of Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Lamorde, over his alleged complicity in N1 trillion fraud.

FOREX crisis: Food, beverage sector to sack 3m workers

ORGANISED Labour, yesterday, raised alarm that the food, beverage and tobacco sector of the nation’s economy was on the verge of shutting down and that over three million jobs were at risk due to the inability of companies to source foreign exchange to import raw material for operations.

Biafra: IPOB asks DHQ to channel resources to ICC, not in-house rights c’ttee

The Directorate of Indigenous People of Biafra, IPOB, has advised the Nigerian Defence Headquarters to channel the money which they used in setting up a 12-man committee on human rights recently towards hiring a formidable defence attorney who will defend them at the up-coming court case at the International Criminal Court, ICC in the Hague.

Lawmaker’s arrest: Ekiti Assembly drags DSS, FG to court

Ado-Ekiti—Ekiti State House of Assembly, yesterday said it has instructed its counsel to sue the Department of State Security Service over what it termed “the undemocratic, unpatriotic, dictatorial and brutish” incarceration of one of its members, Mr Afolabi Akanni, by the Department of State Services, DSS, for 18 days with neither explanation nor trial in court.

Nigerians should please bear with us on fuel scarcity – Kachikwu

ABUJA — At a time Nigerians are expecting respite from the pangs of the lingering fuel scarcity in the country, Minister of State for Petroleum, Mr. Ibe Kachikwu, has dashed their hopes, stating that the current queues at gas stations would persist till late May.

Constitution restructuring’ll revive Nigeria’s economy — HURILAWS

Human Rights Law Service, HURILAWS, has said the crucial issues in the nation’s constitution that should be looked at to revive Nigeria’s economy, include restructuring of the political arrangement to strengthen the states and local governments through the devolution of more powers and funding.

Secrets of my success — Folorunsho Alakija

AFRICA’s richest woman, Folorunsho Alakija, has remained an enigma of sorts even as she hit international limelight as the woman who beat Oprah Winfrey to the number two spot on the Forbes black women rich list.

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