FRIDAY 28TH MAY 2021

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Emefiele: N35tn Infrastructure Investment Needed for Double-digit Growth Urges govs to make states economically viable FG to screen projects for PPP suitability Ndubuisi Francis and James Emejo in Abuja The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has said Nigeria requires about

N35 trillion investments in infrastructure for the economy to post a double-digit growth. But Emefiele, in a goodwill message he delivered yesterday at a webinar on "Financing Public-Private Partnership to

Boost Infrastructure Delivery in Nigeria," organised by the Bureau of Public Enterprises (BPE) in Abuja, added that given the paucity of government revenues, it will be difficult to support such

investments using government funds alone. The Nigerian economy, which is just crawling out of recession, recorded a 0.51 per cent growth in the first quarter of 2021 after a 0.11

per cent growth in the fourth quarter of 2020. Besides, Emefiele, at another forum yesterday, also called on governors to make their states economically viable in order to reduce their dependence on

allocations from the Federation Account. Emefiele, whose message to the webinar was delivered by the Deputy Governor of the Continued on page 48

NERC to Enforce Compensation for Under-supplied Electricity Customers... Page 8 Friday 28 May, 2021 Vol 26. No 9545. Price: N250

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IG: Agitation for State Police Unnecessary Says 1,166 suspects arrested in South-east, South-south Deji Elumoye in Abuja

FOR IMPROVED ELECTRICITY SUPPLY... Lagos State Commissioner for Energy and Mineral Resources, Mr. Olalere Odusote; Executive Director, Legal Services, Niger Delta Power Holding Company, Mr. Mohammed Mahmud; Managing Director/CEO of NDPHC, Mr. Chiedu Ugbo; Governor Babajide Sanwo-Olu; Managing Director/CEO of Eko Electricity Distribution Company, Mr. Adeoye Fadeyibi; and Directors, EKEDC, Mr. Dere Otubu and Mr. George Etomi at the signing of the Memorandum of Understanding (MoU) to improve electricity supply in Lagos…yesterday

The Acting Inspector-General of Police (IG), Mr. Usman Alkali, yesterday described the clamour for state police, which topped demands at zonal public hearings on constitution review held by the Senate on Tuesday as unnecessary. Baba, who featured at the weekly media briefing organised by the Presidential Communications Team at the Presidential Villa in Abuja, said state police, as being canvassed by different interest groups Continued on page 49

Jubilations in Maiduguri as Yahaya Emerges New Army Chief Several generals may retire Kingsley Nwezeh in Abuja The announcement of Maj. Gen. Faruk Yahaya as the new chief of army staff (COAS) yesterday drew pulsating jubilations at the headquarters of Operations Hadin Kai in Maiduguri, the Borno State

capital. Troops of the theatre command of the war against the insurgency in the Northeast jumped for joy as they were told of the rise of their commander to the top job of the service. “The excitement is not

surprising,” a top military officer told THISDAY last night, explaining: “Yahaya has a reputation for taking care of his troops.” But for several senior officers, particularly Yahaya’s superiors, they have approached the end of the

road; and it’s not a laughing matter as they might have to abruptly retire. The Defence Headquarters (DHQ), had in a statement by its spokesman, Brig. Gen. Onyema Nwachukwu, said: "The Commander-in-Chief of the Armed Forces of the

Federal Republic of Nigeria, President Muhammadu Buhari, has appointed Maj. Gen. Farouk Yahaya as the new Chief of Army Staff. "Prior to his appointment, Maj. Gen. Yahaya was the General Officer Commanding 1 Division of the Nigerian

Army and the incumbent Theatre Commander of the Counter-Terrorism Counter Insurgency military outfit in the North-east, code-named Operation Hadin Kai." The appointment THISDAY

Buhari Pledges Better Nation for Future Generation...Page 5

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