Friday 17th November 2017

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FG Comes up With Action Plan for Take over of Distressed Discos Chineme Okafor in Abuja The Power Sector Recovery Programme (PSRP) recently developed by the federal government and the World Bank to revive Nigeria’s ailing power sector, has come up with an action plan for the

sweeping restructuring of the 11 electricity distribution companies (Discos) that would enable government to take over any Disco found to be insolvent. Details of the action plan, which THISDAY got from a workshop organised by the

Ministry of Power, Works and Housing to educate the media on the expected workings of the PSRP, indicated that the government is planning to restructure the Discos to meet their responsibilities in the country’s privatised electricity market after a

thorough forensic review of their operations. The workshop was held on Wednesday evening in the ministry in Abuja. It had in attendance the Minister of Power, Works and Housing, Mr. Babatunde Fashola, the two ministers of state – Mr.

Mustapha Shehuri and Mr. Suleiman Hassan – as well as heads of parastatals in the ministry, all of whom took time to explain the government’s plan in the PSRP. The report further made recommendations for the Nigerian Electricity Regulatory

Commission (NERC) to engage the Discos on revised business plans, which will be negotiated, finalised and implemented. It also requires the government to “start the Continued on page 8

Court Stops Senate from Probing IG over Corruption Allegations… Page 60 Friday 17 November, 2017 Vol 22. No 8247. Price: N250

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Nine Killed in Lagos Rail, Road Crashes, Scores Injured… Page 8

Tinubu: Buhari’s Govt Yet to Win Anti-Graft War Says Jonathan won gold medal in corruption Facts have deserted APC leader, ex-president responds

Omololu Ogunmade in Abuja The National Leader of the All Progressives Congress (APC), Senator Bola Ahmed Tinubu yesterday in Abuja, said it would be a factual lie to claim that the war against corruption had been won by the administration of President

Muhammadu Buhari. Tinubu made the remark at the Banquet Hall of the State House when he delivered the keynote address at the launch of a book titled, “Making Steady Sustainable Progress for Nigeria’s Peace Continued on page 8

House to Probe Alleged Suspension of Female Cadets’ Admission into NDA

Queries Second Niger Bridge, Lagos-Ibadan expressway contracts James Emejo in Abuja The House of Representatives yesterday waded into the controversy over the alleged suspension of admission of female cadets into the Nigerian Defence Academy (NDA) by the military and mandated

its Committees on Defence, Army, Navy and Air Force to investigate the matter. The House’s intervention came on the heels of a motion on the need to halt the proposed plan to stop Continued on page 8

Police Deny Withdrawing Security Aides from Obiano... Page 60

MUGABE NEGOTIATES FUTURE... Troubled Zimbabwean President, Robert Mugabe (left), and the country’s army chief, Gen. Constantino Chiwenga, when Mugabe who is under house arrest, met with the army chief, a Catholic cleric and South African envoys yesterday in the State House, Harare, to discuss the president’s future. Zimbabwe’s military took over power on Wednesday morning to prevent a power grab by Mugabe’s wife, Grace, who was positioning herself to succeed her 93-year-old husband. (See story on page 47) zimbabwe herald


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Friday 17th November 2017 by THISDAY Newspapers Ltd - Issuu