Monday, october 7, 2013

Page 1

States domestic debts rise to N1.47trn

New owners won't take over DISCOs till next year –Investigation N111bn revenue lost in six months –NERC

Rising overheads account for huge budget deficit

TOLA AKINMUTIMI ABUJA

T

he total domestic debt of the 36 states and the Federal Capital Territory, FCT, has risen

Okonjo-Iweala

Vol. 3 N0. 694

to N1.233trn in 2013 against N1.47trn in 2012 The debt profile indicates an increase of N238bn or 19.34 per cent over the preceding year. CONTINUED ON PAGE 2>>

UDEME AKPAN AND CHIDI UGWU

Nebo

Monday, October 7, 2013

T

here are indications that the physical takeover of the elec-

tricity distribution companies, DISCOs, by their new owners may be extended till January 2014 following the hiccups posed by the labour related issues in CONTINUED ON PAGE 4>>

Crash: Severity of burns complicates DNA tests Families besiege hospital to provide samples

N150

Again, NCAA grounds Dana Air P.12

Survivors moved to private wards as doctors resume strike Plane manufacturer begins probe Fears as death toll hits 15

OLUSEGUN KOIKI, HAKEEM GBADAMOSI, ABIODUN NEJO, MOJEED ALABI AND MURITALA AYINLA

T

he severity of burns suffered by the victims of last Thursday's ill-fated Associated Airline crash has compli-

cated the Deoxyribonucleic Acid, DNA, tests, to ensure proper identification of the corpses. Our correspondents gathered that the situation has led to the Lagos State government to look towards the United Kingdom to carry out the tests. This is due to the availCONTINUED ON PAGE 2>>

BUSINESS SECTION Wema Bank ready to secure national banking licence –MDD THE

Customs misled Minister of Transport on port congestion P.A4, A6

Free ree insi inside ide

President Goodluck Jonathan welcoming Kenyan special envoy, Ambassador Amina Abdalla to the Presidential Villa in Abuja, yesterday. PHOTO: NAN

Tukur plans to falsify party records –New PDP

P.5

L-R: Regional Director/Co-Producer, All Africa Music Awards, Mr. Michael Strano; Managing Director, PRM Africa and Executive Producer, AFRIMA, Mr. Mike Dada; Co-Producer, Mrs. Petra Seseli and Director, Brands Communication and Sponsorship, Matlou Tsotetsi, at the unveiling of the host country of AFRIMA 2014-2018 in Lagos, yesterday. PHOTO: YINKA ADEPARUSI

Presidency insists on today's meeting with G-7 govs

Nwabueze pulls out of confab committee

P.13


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