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THE

DAILY

TIMES

NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

dailytimesnigeria

FG approves sale of 3 NIPP Gencos

Ă? Alaoji, Geregu, Calabar to have new owners Simon Ugwu

Ă?Ă?Ă? Three electricity generation

companies (Gencos) built by the Niger Delta Power Holding Company (NDPHC) under the National Integrated Power Projects (NIPPs) would soon be sold to private investors in continuation of the 2013 NIPP privatisation that

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was suspended, the Managing Director of NDPHC, Mr. Chiedu Ugbo, has disclosed. The plants, which he said their privatisation move has been approved by the Federal Government, include the 634 megawatts (MW) Calabar, 1,076MW combined cycle Alaoji, and 506MW Continued on page 6

THURSDAY, OCTOBER 12, 2017 VOL. 3. NO. 472

N150

GLOBAL FINANCIAL/COMMODITY MARKETS

CURRENCIES/CBN: CBN: N305.55 PER DOLLAR, Parallel Market: USD N363 POUND N475 EURO N423 NSE: ASI 36, 652.82 MARKET CAP 12.62 FMDQ O/N 44.33 OBB 41.67 COMMODITIES: Wheat US $433.20/MT Rice US $12.08/MT Cocoa US $2,111.00/Bag Coffee US $127.15/Scoop Cotton US $68.97/Unit Sugar US $14.28/Ounce METALS: Gold US $1287.70/Ounce Silver US $17.07/Ounce Copper US $3.06/Ounce ENERGY: Brent US $56.62/PB, N/Gas US $2.94/CB

Diezani: At last, court orders final forfeiture of N3.3bn properties Ă? 56 choice properties in Lagos, PH, Abuja forfeited to FG Ă? ‘How Dame Patience Jonathan laundered N2.4bn’

Peter Fowoyo, Lagos and Francesca Iwambe, Abuja

Ă?Ă?Ă? At

long last, the Federal High Court in Lagos on Wednesday ordered Continued on page 5

Dokpesi opens up, says PDP govs, BoT, others behind APDA formation 7 NDDC backs NAPTIP in fight against 8 human trafficking North not opposed to restructuring 7 but seeks mutual consensus - Tambuwal Managing Director, Niger Delta Development Commission (NDDC), Mr Nsima Ekere (right), receiving some documents from the Director General of the National Agency for Prohibition of Trafficking in Persons (NAPTIP), Julie Okah-Donli, during a courtesy visit at the commission’s headquarters in Port Harcourt, Rivers State ... on Wednesday

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FG to implement ‘no work no pay policy’ 26


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